Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market to Grow at 5.4% CAGR to Reach US$ 1.5 billion by 2025 Led by Key Players Kongsberg Gruppen, Teledyne Technologies, Lockheed Martin, ASV Global, Atlas Elektronik

According to the new research report published by The Insight Partners, titled “Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Global Analysis and Forecast to 2025”, the global unmanned underwater vehicle & unmanned surface vehicle market is expected to reach US$ 1.5 billion in 2025, registering a CAGR of 5.4% during the forecast period 2017 to 2025.

The global unmanned underwater vehicle and unmanned surface vehicle market is experiencing a steady growth in the current scenario and is anticipated to rise in the coming years. The market for unmanned underwater vehicle and unmanned surface vehicle consists of well-established players across the globe, which invests huge amounts in order to deliver the most advanced technology to the naval forces, commercial sectors, and scientific research institutions and organizations.

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

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Key findings of the study:
• From a growth perspective, the Asia-Pacific region is anticipated to witness a lucrative CAGR growth rate of 8.6% during the forecast period
• Based on application, the defense segment is projected to witness significant lucrative profitable opportunities with projected CAGR growth rate of 6.8%
• Based on payload, the camera segment is projected to grow with a CAGR of 7.2%

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - Company Profiles
• Kongsberg Gruppen
• Teledyne Technologies
• Lockheed Martin
• ASV Global
• Atlas Elektronik
• ECA Group
• Rafael Advanced Defense Systems
• General Dynamics
• Boeing
• Clearpath Robotics

Some of the major software companies are also strengthening unmanned underwater vehicle and unmanned surface vehicle market grip by installing advanced software which enhance the capabilities of the respective vehicles.The manufacturers of unmanned underwater vehicles and unmanned surface vehicles are partnering with various other manufacturers or software companies in order to design, develop advanced technology products. Sometimes partnerships also include modification and improvement of capabilities, which increase the adoption rate of unmanned underwater vehicles and unmanned surface vehicles. Companies such as ASV Global partnered with UK’s National Oceanographic Center in 2018, for the development of Containerized Autonomous Marine Laboratory to serve the Commonwealth Marine Economies to support Commonwealth Small Island Developing States.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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GLOBAL UNMANNED UNDERWATER VEHICLE & UNMANNED SURFACE VEHICLE MARKET SEGMENTATION

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market – By Driving Mechanism
• Solar
• Electric
• Diesel

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market – By Payload
• Camera
• Sensors
• Sonar
• Navigation Systems
• Others

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market – By Application
• Commercial
• Defense
• Research

Unmanned Underwater Vehicle & Unmanned Surface Vehicle Market - By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Russia
o UK

• Asia-Pacific (APAC)
o Japan
o China
o India
o South Korea

• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa

• South America
o Brazil

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This release was published on openPR.