Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market Outlook to 2025 with Leading Top Key Players Gruppen, Teledyne Technologies, Lockheed Martin, ASV Global, Atlas Elektronik, ECA Group

The UUVs & USVs are the drones operating underwater and on surface with or without human interference. Currently, these UUVs & USVs have wide range of applications in defense sector, commercial sectors, and scientific research organizations. The deployment of such unmanned marine vehicles in naval forces dates long back, and the major defense forces such as the US, the UK, Russia, France, and China are investing substantial amounts in development of robust technology UUVs and USVs. Moreover, the defense forces across the globe are facing maritime security threats such as seabed mines, submarine warfare, and anti-ship & anti-submarine missiles, among others. Therefore, these potential threats are pressurizing the defense forces to incorporate unmanned systems on or under ocean surface to counter these threats and reduce the human risk.

Global UUVs & USVs market is expected to grow from US$ 991.2 Mn in 2017 and is anticipated to escalate at a CAGR of 5.4% from 2018 to 2025 to account for US$ 1,482.6 Mn by 2025.

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The Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Leading Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market Players:
1. Kongsberg Gruppen
2. Teledyne Technologies
3. Lockheed Martin
4. ASV Global
5. Atlas Elektronik
6. ECA Group
7. Rafael Advanced Defense Systems
8. General Dynamics
9. Boeing
10. Clearpath Robotics

North America has largest market share of UUVs & USVs market, followed by Europe and Asia-Pacific region. This attributes to significant investments by US Department of Defense in UUVs & USVs has led the growth of defense sector in this region. With the growing utilization of AUVs & ROVs for off-shore discoveries in this region is responsible for owing the largest share in North America market during the forecast period.

The report focuses on an in-depth segmentation of this market based by driving mechanism, by payload, and by applications. The geographic segmentation of the report covers six major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and South America (SAM). The regional market has been further bifurcated by respective countries. By application segment where defense application accounted for the largest market share and commercial application expected to grow with a highest market growth in 2017; whereas, APAC region is expected to grow at the highest CAGR during the forecast period.

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Important points of this market research report:
• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward-looking perspective on different factors driving or restraining market growth
• It provides seven-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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This release was published on openPR.