Dublin, July 23, 2018 (GLOBE NEWSWIRE) -- The "Unmanned Underwater Vehicle (UUV) Market to 2025 - Global Analysis and Forecasts by Types and Applications" report has been added to ResearchAndMarkets.com's offering.
Unmanned underwater vehicle market is estimated to reach US$ 3.99 Bn by 2025
The majority of the global UUV market is captured by the defense forces, owing to the ever-increasing demand for subsea monitoring. Currently, the adoption trend of UUVs is increasing among various commercial sectors such as oil & gas exploration organizations, hydrographic and oceanographic survey organizations, environmental monitoring organizations & search, and recovery teams. The unmanned underwater vehicles are also being adopted by various scientific research organizations for conducting oceanic studies and maritime surveys, among others.
The major defense forces across the globe are experiencing maritime security threats such as torpedo threats, underwater mines, diesel-electric submarine attacks, and short-range anti-ship missiles among other. Pertaining to these threats, the demand for technological alternatives such as unmanned marine systems are peaking among the defense forces, and advancement in technology has reduced the human risk in critical and complex situations.
Although undersea vehicles operate with human interference, the demand for unmanned solutions are increasing significantly over the time, and due to rise in demand for such robotic technology, the developers are integrating undersea drones with enhanced ISR systems in order to offer the defense forces, with the advanced surveillance capabilities.
The applications of the unmanned underwater vehicle include oil & gas exploration centers, hydrography, and oceanography, environmental monitoring among others. The commercial sectors are increasingly adopting the unmanned undersea technology in order to map and monitor the conditions of sea or ocean as well as explore various oil & gas sites.
The future market for the unmanned underwater vehicle is promising, as the OEMs and other research centers are continually intending to deploy smart and connected technologies, on the sub-sea for efficient monitoring and operate without any human interference. As a result, technologically enriched sensors systems are being developed, which is expected to attract the significant number of industries in the coming years.
Due to high entry barrier to industry, fewer companies are entering the market, also well-established companies operating in the market are coming up with new offerings. Major manufacturers of the unmanned underwater vehicle are based in North America and Europe region. However, the new growth opportunities are emerging at an exponential rate in the Asia Pacific and the Middle East and Africa region in especially in countries such as China, Japan, India, Saudi Arabia, and UAE among others.
The top companies operating in the field of the unmanned underwater vehicle include
- Kongsberg Gruppen
- Teledyne Technologies Inc.
- Lockheed Martin Corporation
- Saab AB
- L3 Technologies Inc.
- SubSea 7
- Atlas Elektronik GmbH
- International Submarine Engineering Ltd.
- ECA Group
- Gabri S.R.L
Key Topics Covered:
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
2. Key Takeaways
3. Unmanned Underwater Vehicle Market - Accessories Market
4. Unmanned Underwater Vehicle Market Landscape
4.1 Market Overview
4.2 Market Segmentation
4.2.1 Global Unmanned Underwater Vehicle Market - by Type
4.2.2 Global Unmanned Underwater Vehicle Market - by Application
4.2.3 Global Unmanned Underwater Vehicle Market - by Geography
4.3 Porter's Five Force Analysis
4.3.1 Bargaining Power of Buyers
Increase In Number of End Users
4.3.2 Bargaining Power of Suppliers
Large Number of Suppliers Operating In the Market
4.3.3 Threats To Substitutes
Usage of Multi Beam Echo Sounders Such As Usbl and Lbl
4.3.4 Threats To New Entrants
Large Number of Established and Well-Known Players Operating In the Market
4.3.5 Competitive Rivalry
Large Number of Players
Prime Suppliers Are Financially Balanced
5. Unmanned Underwater Vehicle Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Maritime Conflicts To Accentuate the Demand For Unmanned Underwater Vehicles
5.1.2 Need For Enhanced Isr and Detection of Submarine Among Defence Forces
5.2 Key Market Restraints
5.2.1 Lack of Regulations
5.3 Key Market Opportunities
5.3.1 Surging Demand For Technologically Enhanced Undersea Vehicles Among Defence Forces
5.4 Future Trends
5.4.1 Continual Advancements In Unmanned Sub-Sea Technology To Propel Growth
5.5 Impact Analysis of Drivers and Restraints
6. Unmanned Underwater Vehicle - Global Market Analysis
6.1 Global Unmanned Underwater Vehicle Market Overview
6.2 Global Unmanned Underwater Vehicle Market Forecast and Analysis
7. Unmanned Underwater Vehicle Market Revenue and Forecasts To 2025 - Types
7.1 Overview
7.2 Global Unmanned Underwater Vehicle Market Breakdown, by Types, 2017 & 2025
7.3 Remotely Operated Vehicle (Rov) Market
7.4 Autonomous Underwater Vehicle (Auv) Market
8. Unmanned Underwater Vehicle Market Revenue and Forecasts To 2025 - Applications
8.1 Overview
8.2 Global Unmanned Underwater Vehicle Market Breakdown, by Applications, 2017 & 2025
8.3 Commercial Market
8.4 Defense Market
8.5 Research Market
9. Unmanned Underwater Vehicle Market Revenue and Forecasts To 2025 - Geographical Analysis
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Competitive Landscape
11.1 Competitive Product Mapping
11.2 Market Positioning - Global Top 5 Players Ranking
12. Global Unmanned Underwater Vehicle Market - Key Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/j56rnw/global_unmanned?w=12