Market Overview:
The Global Unmanned Underwater Vehicles (UUV) market is expected to grow at a CAGR of 10.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for UUVs from commercial exploration, scientific research, defence and other applications. North America is expected to dominate the global UUV market during the forecast period owing to the presence of key players in this region and rising demand for UUVs from commercial and defence applications.
Product Definition:
Unmanned underwater vehicles (UUVs) are robotic devices that operate underwater without a human operator. They are used for a variety of purposes, including military reconnaissance, oceanography and marine biology research, and cable maintenance.
The importance of unmanned underwater vehicles is growing as their capabilities improve. UUVs can be used to carry out tasks that are dangerous or difficult for humans to do, such as exploring the ocean's depths or investigating hazardous environments. They also have the potential to reduce costs and improve efficiency in many industries that rely on water-based operations.
AUV:
Unmanned underwater vehicles (AUV) are used for various applications such as military, scientific research and commercial activities. AUVs have been in use over the past two decades; however, growth in processing power has led to significant advancements enabling efficient operation of unmanned underwater vehicles.
Rise in defense expenditure by several countries across the globe is expected to be a key factor driving market growth over the forecast period.
ROV:
ROV (Remotely Operated Vehicle) is a device used for inspection and other activities in underwater areas. It is an autonomous vehicle that can be operated by a human operator from the surface or through a remote control on land, sea or air. ROVs are used to inspect pipelines, search for objects lost at sea, repair ships’ hulls and perform other tasks. They are also useful in performing rescue operations during natural disasters such as floods and earthquakes.
Application Insights:
The global market is segmented by application into commercial exploration, scientific research, and others. Commercial exploration was estimated to be the largest segment in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for oil & gas as well as other forms of energy such as wind and solar power across various regions including Asia Pacific, North America, and Europe.
The use of UUV for military purposes has increased significantly over the past decade owing to technological advancements coupled with growing concerns regarding national security among various countries around the globe. The increase in military applications has led manufacturers such as General Dynamics Corporation; Lockheed Martin Corporation; Raytheon Company; United Technologies Corporation;and many more have established strategic partnerships with companies specialized in providing defense-related products & services thereby fueling product demand globally.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing offshore oil and gas exploration activities coupled with rising R&D investments by government organizations, universities, and institutes for developing advanced underwater vehicles. For instance, as per a recent study published by the National Oceanic and Atmospheric Administration (NOAA), UAVs have been used for various purposes such as monitoring whale migration patterns off the California coast; monitoring fish populations around coral reefs; observing marine mammals from above water; conducting surveys of fish abundance and distribution along coastal areas; among others.
The Asia Pacific region is expected to witness significant growth over the forecast period owing to growing demand from countries such as China, India, South Korea, Australia among others. This can be attributed to increasing maritime trade activities across these countries which has led to increased risk of accidents involving ships & submarines etc.
Growth Factors:
- Increasing demand for underwater exploration and survey for oil & gas, mining, and other marine resources
- Development of advanced technologies for UUV that can be used for multiple applications
- Growing popularity of AUVs as a cost-effective alternative to manned submarines
- Proliferation of autonomous systems in naval warfare and increasing demand from defense sector
- Rising awareness about the benefits of using UUVs in various commercial sectors such as coastal security, port operations, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Unmanned Underwater Vehicles Market Research Report
By Type
AUV, ROV
By Application
Commercial Exploration, Scientific Research, Defence, Others
By Companies
Kongsberg Maritime, OceanServer Technology, Teledyne Gavia, Bluefin Robotics, Atlas Elektronik, ISE Ltd, JAMSTEC, ECA SA, SAAB Group, Falmouth Scientific, Kongsberg Maritime, Forum Energy Technologies, Oceaneering, FMC Technologies, Saab Seaeye Limited, Furgo, Saipem, ECA Group, SMD, LIGHTHOUSE SpA, Deep OceanEngineering, TMT, DWTEK, Lockheed Martin, TechnipFMC, Atlas Elektronik, BAE Systems, Total Marine Technology (TMT), General Dynamics, Forum Energy Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Unmanned Underwater Vehicles Market Report Segments:
The global Unmanned Underwater Vehicles market is segmented on the basis of:
Types
AUV, ROV
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Exploration, Scientific Research, Defence, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kongsberg Maritime
- OceanServer Technology
- Teledyne Gavia
- Bluefin Robotics
- Atlas Elektronik
- ISE Ltd
- JAMSTEC
- ECA SA
- SAAB Group
- Falmouth Scientific
- Kongsberg Maritime
- Forum Energy Technologies
- Oceaneering
- FMC Technologies
- Saab Seaeye Limited
- Furgo
- Saipem
- ECA Group
- SMD
- LIGHTHOUSE SpA
- Deep OceanEngineering
- TMT
- DWTEK
- Lockheed Martin
- TechnipFMC
- Atlas Elektronik
- BAE Systems
- Total Marine Technology (TMT)
- General Dynamics
- Forum Energy Technologies
Highlights of The Unmanned Underwater Vehicles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AUV
- ROV
- By Application:
- Commercial Exploration
- Scientific Research
- Defence
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Unmanned Underwater Vehicles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Unmanned underwater vehicles (UUVs) are robotic submarines, surface vessels or aircraft that use some form of propulsion to move through water.
Some of the key players operating in the unmanned underwater vehicles market are Kongsberg Maritime, OceanServer Technology, Teledyne Gavia, Bluefin Robotics, Atlas Elektronik, ISE Ltd, JAMSTEC, ECA SA, SAAB Group, Falmouth Scientific, Kongsberg Maritime, Forum Energy Technologies, Oceaneering, FMC Technologies, Saab Seaeye Limited, Furgo, Saipem, ECA Group, SMD, LIGHTHOUSE SpA, Deep OceanEngineering, TMT, DWTEK, Lockheed Martin, TechnipFMC, Atlas Elektronik, BAE Systems, Total Marine Technology (TMT), General Dynamics, Forum Energy Technologies.
The unmanned underwater vehicles market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Unmanned Underwater Vehicles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Unmanned Underwater Vehicles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Unmanned Underwater Vehicles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Unmanned Underwater Vehicles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Unmanned Underwater Vehicles Market Size & Forecast, 2018-2028
4.5.1 Unmanned Underwater Vehicles Market Size and Y-o-Y Growth
4.5.2 Unmanned Underwater Vehicles Market Absolute $ Opportunity
Chapter 5 Global Unmanned Underwater Vehicles Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Unmanned Underwater Vehicles Market Size Forecast by Type
5.2.1 AUV
5.2.2 ROV
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Unmanned Underwater Vehicles Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Unmanned Underwater Vehicles Market Size Forecast by Applications
6.2.1 Commercial Exploration
6.2.2 Scientific Research
6.2.3 Defence
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Unmanned Underwater Vehicles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Unmanned Underwater Vehicles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Unmanned Underwater Vehicles Analysis and Forecast
9.1 Introduction
9.2 North America Unmanned Underwater Vehicles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Unmanned Underwater Vehicles Market Size Forecast by Type
9.6.1 AUV
9.6.2 ROV
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Unmanned Underwater Vehicles Market Size Forecast by Applications
9.10.1 Commercial Exploration
9.10.2 Scientific Research
9.10.3 Defence
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Unmanned Underwater Vehicles Analysis and Forecast
10.1 Introduction
10.2 Europe Unmanned Underwater Vehicles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Unmanned Underwater Vehicles Market Size Forecast by Type
10.6.1 AUV
10.6.2 ROV
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Unmanned Underwater Vehicles Market Size Forecast by Applications
10.10.1 Commercial Exploration
10.10.2 Scientific Research
10.10.3 Defence
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Unmanned Underwater Vehicles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Unmanned Underwater Vehicles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Unmanned Underwater Vehicles Market Size Forecast by Type
11.6.1 AUV
11.6.2 ROV
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Unmanned Underwater Vehicles Market Size Forecast by Applications
11.10.1 Commercial Exploration
11.10.2 Scientific Research
11.10.3 Defence
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Unmanned Underwater Vehicles Analysis and Forecast
12.1 Introduction
12.2 Latin America Unmanned Underwater Vehicles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Unmanned Underwater Vehicles Market Size Forecast by Type
12.6.1 AUV
12.6.2 ROV
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Unmanned Underwater Vehicles Market Size Forecast by Applications
12.10.1 Commercial Exploration
12.10.2 Scientific Research
12.10.3 Defence
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Unmanned Underwater Vehicles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Unmanned Underwater Vehicles Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Unmanned Underwater Vehicles Market Size Forecast by Type
13.6.1 AUV
13.6.2 ROV
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Unmanned Underwater Vehicles Market Size Forecast by Applications
13.10.1 Commercial Exploration
13.10.2 Scientific Research
13.10.3 Defence
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Unmanned Underwater Vehicles Market: Competitive Dashboard
14.2 Global Unmanned Underwater Vehicles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kongsberg Maritime
14.3.2 OceanServer Technology
14.3.3 Teledyne Gavia
14.3.4 Bluefin Robotics
14.3.5 Atlas Elektronik
14.3.6 ISE Ltd
14.3.7 JAMSTEC
14.3.8 ECA SA
14.3.9 SAAB Group
14.3.10 Falmouth Scientific
14.3.11 Kongsberg Maritime
14.3.12 Forum Energy Technologies
14.3.13 Oceaneering
14.3.14 FMC Technologies
14.3.15 Saab Seaeye Limited
14.3.16 Furgo
14.3.17 Saipem
14.3.18 ECA Group
14.3.19 SMD
14.3.20 LIGHTHOUSE SpA
14.3.21 Deep OceanEngineering
14.3.22 TMT
14.3.23 DWTEK
14.3.24 Lockheed Martin
14.3.25 TechnipFMC
14.3.26 Atlas Elektronik
14.3.27 BAE Systems
14.3.28 Total Marine Technology (TMT)
14.3.29 General Dynamics
14.3.30 Forum Energy Technologies
