Global Armored Unmanned Underwater Vehicle Market Research Report: Information by Type [ROV and AUV (Shallow, Medium, and Large)], Propulsion System (Electric, Mechanical, and Hybrid), Application [ISR (Intelligence, Surveillance, and Reconnaissance), Mine Countermeasures, Anti-Submarine Warfare, Security, Detection, and Inspection, and Navigation & Accident Investigation], and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)– Forecast Till 2025

Armored Unmanned Underwater Vehicle Market Research Report - Global Forecast till 2025

As per a detailed analysis by Market Research Future (MRFR), the Global Armored Unmanned Underwater Vehicle Market is anticipated to register an impressive CAGR during the forecast period (2018-2023). The surging need for maritime surveillance is encouraging the market growth globally. Acknowledged as underwater drones, unmanned underwater vehicles (UUV) are vehicles which has the ability to operate underwater without the intervention of human. The types include autonomous underwater vehicles (AUV) and remotely operated vehicles (ROV). While the remotely operated UUV can be controlled by cables, the autonomous UUV can be operated independently with human input.

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The armored unmanned underwater vehicle market has witnessed a tectonic surge in the past few years due to the surging demand for maritime surveillance. The growing use of such vehicles in mine countermeasure and anti-submarine warfare is triggering its demand across the globe. The armored UUV is likely to observe a surging demand in the coming years due to the less error and technological advancements. The ocean is known for carrying out several activities like marine mining fishing, aquaculture, marine biotechnology, and others.

Segmental Analysis:

The global armored unmanned underwater vehicle market has been segmented on the basis of type and application.

By mode of application, the global armored unmanned underwater vehicle market has been segmented into remotely operated vehicles (ROV) and autonomous underwater vehicles (AUV). Among these, the ROV segment is likely to gain huge prominence during the review period due to the surging demand for high-powered ROVs for ultra-deep sea ocean levels drilling.

Mine countermeasures, ISR, security, detection, and inspection, anti-submarine warfare, and navigation & accident investigation sums up the application segment of armored unmanned underwater vehicle market.

Regional Insights:

Geographically, the armored unmanned underwater vehicle market has been studied under regions namely, EMEA, America, and Asia-Pacific.

Considering the global scenario, the American region is predicted to dominate the armored unmanned underwater vehicle market. The region is anticipated to retain its growth due to the surging expenditure on armored UUVs by Canada and the U.S. In this region, North America is likely to contribute a major share due to the augmenting incidences of terrorism coupled with the rising offshore drilling activities in this region.

The EMEA is considered to bag the second position in the global market. Meanwhile, Asia Pacific is anticipated to register the highest growth due to the surging demand from economies like India, China, Japan, and South Korea.

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Competitive Dashboard:

The prominent players operating in the global armored unmanned underwater vehicle market comprises Teledyne Technologies Inc. (US), Kongsberg Gruppen (Norway), Lockheed Martin Corporation (US), General Dynamics (US), BAE Systems (US), Saab Group (Sweden), Oceanserver Technology, Inc. (US), Subsea 7 S.A. (UK), International Submarine Engineering Ltd. (Canada), and ATLAS ELEKTRONIK GmbH (Germany).

Industry Updates:

February 05, 2019: A developer of autonomous underwater vehicles, Teledyne Gavia has recently declared that the company will be introducing its latest 6000 meter-rated AUV, SeaRaptor, at the Ocean Business technology exhibition, 2019. The SeaRaptor AUV comprises a wide range of Teledyne content and constitutes of ascent and descent weight releases, acoustic modems, a black box pinger locator, obstacle avoidance multi-beam sonar, sub-bottom profiler, multi-beam echosounders, Doppler Velocity Log, and onboard processing software.

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