Unmanned Underwater Vehicles (UUV) - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Unmanned Underwater Vehicles (UUV) market is accounted for $3.06 billion in 2018 and is expected to reach $10.85 billion by 2027 growing at a CAGR of 15.1% during the forecast period. Some of the key factors propelling the market growth are growing utilization of unmanned underwater vehicles for marine security and deep-water offshore oil & gas manufacture. However, distortion of transmissions underwater is the restraining factor for the growth of the market.
Unmanned Underwater Vehicles (UUV) is an automaton motor vehicle to work underwater without a human being occupant. These vehicles may be separated into the two categories of distantly operated underwater vehicles (ROUVs), which are controlled by a remote human operator, and autonomous underwater vehicles (AUVs), which operate independently of direct human input. Sometimes only vehicles in the second category are considered a kind of robot, but those in the first category are also robots related to surgical robots, which also mainly need an operator.
By payload, camera segment is expected to grow at the significant market share during the forecast period due to the rising adoption of huge motion cameras in unmanned underwater vehicles is a key aspect to grow. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period due to early on adoption of recent technologies and rising military budget, particularly in US, are factors driving expansion of the target market in this area. In addition, rising off-shore drilling actions is another factor anticipated to propel growth.
Some of the key players in Unmanned Underwater Vehicles (UUV) Market include Aquabotix, Atlas EleKTronik GmbH, Bluefin Robotics Corporation, Dominion Diving Limited, FMC Technologies, Fugro N.V, International Submarine Engineering (ISE), Kongsberg Gruppen, Kongsberg Maritime, Lockheed Martin Corporation, Maridan A/S, Oceaneering International, Inc, Oeanserver Technology, Inc, Saab Group, Subsea 7 S.A, Teledyne Gavia, Teledyne Technologies Inc and The Boeing Company.
• Hybrid Vehicles
• Autonomous Unmanned Vehicles (AUV)
• Remotely Operated Vehicles (ROV)
Operating Depths Covered:
• Less than 200m
• More than 3000m
Size Ranges Covered:
• Man-Portable( 3-9)
• LWV (9- 12.75)
• Inertial Navigation Systems (INS)
• Lighting Systems
• Synthetic Aperture Sonar
• Video Screens
Propulsion Systems Covered:
Product Types Covered:
• Heavy Weight Vehicles
• Heavy Work Class Vehicles
• High-capacity Electric Vehicles
• Large Vehicles
• Light Weight Vehicles
• Man Portable
• Small Vehicles
• Work Class Vehicles
• Defence and Government
• Scientific Research
• Academic Research
• Commercial Exploration
• Retrieval and Delivery Systems
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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