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Unmanned Underwater Vehicles(UUV) Market By Product Type (Autonomous Underwater Vehicles (Auv), Remotely Operating Underwater Vehicles (ROV), Hybrid Underwater Vehicles), By Operating Depth (Less Than 200m, 200 To 1,000m, 1,000 To 3,000m, More Than 3,000m), By Application (Defense, Scientific Research, Commercial) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

Unmanned underwater vehicles (UUV) are self-propelled vehicles, typically deployed from a surface vessel without any human operator onboard. These vehicles are designed to operate independently (or with a remote controller) for periods ranging from a few hours to several days. UUVs have received significant attention worldwide and are increasingly being widely used across numerous applications. Some of the popular applications of UUV include surveillance, reconnaissance, mine countermeasures, ocean floor mapping, pipeline inspection, polar ice research, anti-submarine warfare, and several others.

The most prominent factor driving the overall UUV market is the consistently rising investment by the defense departments in underwater drones. UUVs are capable of operating in conditions that humans are incapable of reaching. This makes UUVs highly suitable for performing difficult tasks submerged in water. Another major factor fueling the market's growth is the growing adoption of these drones in the oil and gas sector. Nevertheless, factors such as limited battery life and underwater communication barriers pose significant barriers to market growth.

The report titled "Global Unmanned Underwater Vehicles (UUV) Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global unmanned underwater vehicles market, along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of market segments based on product type, operating depth, applications, and a cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading unmanned underwater vehicle vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are Kongsberg Maritime AS, Boeing Company, Bluefin Robotics Corporation (General Dynamics Corporation), Raytheon Company, Teledyne Technologies, Inc., Lockheed Martin Corporation, Saab Group, Subsea 7 S.A., Thales Group, BAE Systems Plc., and several others. Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the industry's upcoming attractive markets for unmanned underwater vehicles
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global unmanned underwater vehicles market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of product type, the global unmanned underwater vehicles market is segmented into the following categories:

  • Less than 200 m
  • 200 to 1000m
  • 1000 to 3000m
  • More than 3000 m

Currently, the overall unmanned underwater vehicle market is led by the remotely operated vehicle (ROV) segment. As of 2016, the segment contributed more than fifty percent of the total revenue generated worldwide. These are typically tethered drones that are controlled remotely by a human operator. ROVs are widely used in oceanographic surveys, pipeline inspection, and environmental research. These vehicles are typically equipped with a camera and lights. Other payloads include sensors, SONAR, magnetometers, and a few others.

In the following years, the autonomous underwater vehicles (AUV) and hybrid underwater vehicles segments are set to exhibit the highest growth. Most of the applications now demand it preprogrammed UUVs that can carry out the given task with minimal human intervention. Growing investment for the advancement of UUVs is estimated to result in higher adoption of AUVs and hybrid vehicles over the forecast period.

Based on geography, the global unmanned underwater vehicles market is segmented into the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • South Asia
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

The overall unmanned underwater vehicles market is led by the North America region as of 2016. The region contributes more than fifty percent of the total revenue generated worldwide. The market here is principally backed by the U.S., which accounts for nearly 90% of the total regional revenue. Due to high investment in underwater drones, the demand for UUVs is estimated to remain strong in the region over the forecast period. Subsequently, the region would continue dominating the market throughout the forecast period.

In the following years, Asia Pacific and Europe are set to emerge as the fastest-growing markets for UUVs. The European UUV market is primarily governed by Russia, the U.K., and France, which have strong expenditures on UUVs. Similarly, in Asia-Pacific, China and Japan are the major consumers of UUVs. As territorial disputes in Asia Pacific waters escalate, demand for UUVs is expected to rise. 

Frequently Asked Questions:

The market for Unmanned Underwater Vehicles(UUV) Market is expected to reach US$ 5 Bn By 2025.

The Unmanned Underwater Vehicles(UUV) Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2017-2025.

The base year of this report is 2015.

Kongsberg Maritime AS, Boeing Company, Bluefin Robotics Corporation (General Dynamics Corporation), Raytheon Company, Teledyne Technologies, Inc., Lockheed Martin Corporation, Saab Group are some of the major players in the global market.

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Godaddy
Published Date:  Jul 2017
Category:  Aerospace & defense
Report ID:   58563
Report Format:   PDF
Pages:   120
Rating:    4.7 (65)
Delivery Time: 24 Hours to 48 Hours   
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