Unmanned Underwater Vehicles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Shallow AUVs (up to 100 m), Medium AUVs (up to 1,000m), Large AUVs (more than 1,000m)), By Shape (Torpedo, Laminar Flow Body, Streamlined Rectangular Style, Multi-hull Vehicle), By Application (Collision Avoidance, Communication, Navigation, Propulsion, Imaging), and B

Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format

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Unmanned Underwater Vehicles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Shallow AUVs (up to 100 m), Medium AUVs (up to 1,000m), Large AUVs (more than 1,000m)), By Shape (Torpedo, Laminar Flow Body, Streamlined Rectangular Style, Multi-hull Vehicle), By Application (Collision Avoidance, Communication, Navigation, Propulsion, Imaging), and B

unmanned

Technological Advancements Expected to Drive the Market Growth

Unmanned underwater vehicle market players are working on improving the battery life, autonomy, and manipulation ability to increase their sales in the commercial sector. They have an average battery life of fewer than 24 hours, and if required to work deep water, thrusters consume the majority of the power. The limited capacity of unmanned underwater vehicles creates the demand for human interference in charging them. The advent of autonomous underwater vehicles that supports the use of nickel-metal hydride (NiMH) batteries is expected to boost market growth. They boast of a slower degradation rate and fewer leakage chances at the time of accidents which makes them preferable to lithium-ion batteries. Increased use of nickel-metal hydride in high-speed unmanned underwater vehicles is expected to boost the market demand across the globe. The onboard sensors used in unmanned underwater vehicles, along with technological advancements, can lower the power consumption rate of the electronic components used in unmanned underwater vehicles. Technologies are developed that can support autonomous underwater vehicles charging underwater. UUV is integrated with navigation, communication, and imaging technologies, and these can provide high-resolution seafloor mapping in the deep waters. Market players are making high-end investments for the research and development activities and finding advanced technologies that can offer their data collection ability and endurance and stabilize their stable sonar resolution. Therefore, the integration of the advanced technologies in unmanned underwater vehicles and the ongoing technological advancements are expected to bolster the global unmanned underwater vehicles market growth over the next five years.

Concerns regarding Maritime Security and Naval Security Support the High Market Demand

Maritime security and maritime privacy concerns are threats to the global shipping industry that can pose a risk to human life and result in financial losses. Drug smuggling, migrant smuggling, and port security are some of the ongoing activities that are adversely affecting maritime security. Concerned authorities are making the use of unmanned underwater vehicles to improve maritime security and overcome such threats through intelligence, surveillance, and reconnaissance (ISR) operations. Unmanned underwater vehicles are also called underwater drones, underwater robots, and underwater submarines. For subsea operations, unmanned underwater vehicles are being increasingly used by the military, navy, and coastal security forces for different purposes, including anti-submarine warfare, inspection/identification, and mine countermeasures. The rise in demand for unmanned underwater vehicles in the United States, Canada, and China is expected to propel the market growth over the forecast period.

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Market Segmentation


MIR Segment1

In terms of country, the United States is anticipated to hold a significant market share in the forecast period due to high defense expenditure to build a strong naval fleet in the country.

Market Players

SAAB Seaeye, Lockheed Martin Corporation, Kongsberg Gruppen, Teledyne Technologies, Oceaneering International Inc., BAE Systems, Bluefin Robotics, International Submarine Engineering, Atlas Elektronik, Boston Engineering Corporation, are the major market players operating in the global unmanned underwater vehicles market.

Attribute

Details

Base Year

2021

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Shape

·         Application

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey

Key companies profiled

SAAB Seaeye, Lockheed Martin Corporation, Kongsberg Gruppen, Teledyne Technologies , Oceaneering International Inc., BAE Systems , Bluefin Robotics, International Submarine Engineering, Atlas Elektronik, Boston Engineering Corporation

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