Unmanned underwater vehicles (UUV), also called as underwater drones, refer to waterborne vehicles that are designed to operate underwater without any human onboard. These vehicles can be designed to operate fully or partially autonomous in order to carry out predetermined and programmed missions. UUV are used for various applications including surveillance, reconnaissance, mine countermeasures, ocean floor mapping, pipeline inspection, polar ice research, anti—submarine warfare and several others. Since there is no human operator onboard, using UUV become an extremely safe alternative for marine applications.
Rising investment over development of more advanced UUVs is the most prominent factor fueling the market growth. Several countries including the U.S., the U.K., Russia and France are investing heavily for developing unmanned vehicles for marine defense. For instance, in February 2017, the U.S. Department of Defense (DoD) announced to invest nearly US$ 600 Mn for prototyping UUVs of different sizes. The DoD plans to build UUVs for multiple payloads. Similarly, the U.K. Ministry of Defense announced to invest over US$ 22 Mn for procuring a fleet of sea drones. The overall expenditure over UUVs is estimated to remain strong in the following years, thereby escalating the market growth.
In 2019, the market size of Unmanned Underwater Vehicles is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Unmanned Underwater Vehicles.
This report studies the global market size of Unmanned Underwater Vehicles, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Unmanned Underwater Vehicles production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Saab
Fugro
Kongsberg Maritime
Atlas Elektronik
BIRNS
International Submarine Engineering
Teledyne Technologies
Subsea 7
Market Segment by Product Type
Remotely Operated Vehicles
Autonomous Underwater Vehicles
Market Segment by Application
Commercial
Defense
Scientific Research
Miscellaneous
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Unmanned Underwater Vehicles status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Unmanned Underwater Vehicles manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Unmanned Underwater Vehicles are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025