Unmanned Underwater Vehicles Market 2024-2028
The unmanned underwater vehicles market is forecasted to grow by USD 2519.4 mn during 2023-2028, accelerating at a CAGR of 14.76% during the forecast period. The report on the unmanned underwater vehicles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for stealth platform, increasing investment in maritime surveillance capabilities, and predisposition for deployment of UUVs.
Technavio's unmanned underwater vehicles market is segmented as below:
- By Vehicle Type
- Remotely operated
- Autonomous underwater
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing investments in undersea warfare capabilities as one of the prime reasons driving the unmanned underwater vehicles market growth during the next few years. Also, emergence of 3D printing and composite materials and advancement of electromagnetic and acoustic sensors technologies will lead to sizable demand in the market.
The report on the unmanned underwater vehicles market covers the following areas:
- Unmanned underwater vehicles market sizing
- Unmanned underwater vehicles market forecast
- Unmanned underwater vehicles market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading unmanned underwater vehicles market vendors that include BAE Systems PLC, BaltRobotics Sp.z.o.o., Cellula Robotics Ltd., Copenhagen Subsea AS, Fugro NV, GABRI S.R.L, General Dynamics Corp., Graal Tech Srl, Groupe Gorge SA, Hydromea SA, International Submarine Engineering Ltd., Kongsberg Gruppen ASA, L3Harris Technologies Inc., Lockheed Martin Corp., RTSYS, Subsea 7 SA, TechnipFMC PLC, Teledyne Technologies Inc., The Boeing Co., and thyssenkrupp AG. Also, the unmanned underwater vehicles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.