AP NEWS

Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market to 2025 - ResearchAndMarkets.com

June 11, 2018

DUBLIN--(BUSINESS WIRE)--Jun 11, 2018--The “Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market to 2025 - Global Analysis and Forecasts by Driving Mechanisms, Payload & Applications” report has been added to ResearchAndMarkets.com’s offering.

Unmanned Underwater Vehicle & Unmanned Surface Vehicle market is expected to grow US$ 2.91 Bn in 2017 and is expected to grow at a CAGR of 6.9% during the forecast period 2018 - 2025, to account for US$ 4.84 Mn by 2025.

The unmanned underwater vehicles and unmanned surface vehicles are the drones operating underwater and on surface with or without human interference. The majority of the global UUV and USV market is captured by the defense forces, owing to the ever increasing demand for subsea monitoring. Currently, the adoption trend of UUVs and USVs is increasing among various commercial sectors such as oil & gas exploration organizations, hydrographic and oceanographic survey organizations, environmental monitoring organizations and search and recovery teams. The unmanned underwater vehicles and unmanned surface vehicles are also being adopted by various scientific research organizations for conducting oceanic studies and maritime surveys, among others.

Key trend which will predominantly effect the market in coming year is persistent development in sea-technology and sub-sea. The development and adoption of modern technological equipment are enabling naval forces and maritime organizations or forces to effectively synchronize air, naval and land components into a single unit. For instance, the US Navy is the development of Large Displacement Unmanned Undersea Vehicle (LDUUV), which is capable of providing intelligence, surveillance, reconnaissance (ISR), mine counter-measures (MCM), anti-submarine warfare (ASW), acoustic surveillance, and offensive operations. The LDUUV is currently in the testing phase

UUV & USV market by payload is segmented into Camera, Sensors, Sonar, Navigation Systems, and Others. The other type of payload includes marine archeology, debris removal, and pipeline placing & cabling. In last few years, the application of UUVs and USVs in several end-user segments including defense, industrial and research have increased with innovation of new technologies and the evolution of their payloads.

Key Topics Covered:

1. Tables & Figures

2 Introduction

3 Key Takeaways

4 Market Landscape

5 Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Key Market Dynamics

6 Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Global

7 Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market Analysis - By Driving Mechanism

8 Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market Analysis - By Payload

9 Global UUV & USV Market Analysis - by Application

10 Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Geographical Analysis

11 Industry Landscape

12 Competitive Landscape

13 Global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Key Company Profiles

Kongsberg Gruppen Teledyne Technologies Lockheed Martin ASV Global Atlas Elektronik ECA Group Rafael Advanced Defense Systems General Dynamics Boeing Clearpath Robotics

For more information about this report visit https://www.researchandmarkets.com/research/7x8fvj/global_unmanned?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180611005559/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Maritime,Military Unmanned Systems,Naval Vessels

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT MARITIME DEFENSE OTHER DEFENSE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/11/2018 08:04 AM/DISC: 06/11/2018 08:04 AM

http://www.businesswire.com/news/home/20180611005559/en

AP RADIO
Update hourly