Increasing Defense Expenditure Drives Unmanned Underwater Vehicles Market

According to P&S Intelligence, the global unmanned underwater vehicles (UUVs) market is experiencing growth. The reasons behind the growth can be credited to the increasing defense expenditure of nations globally and the rising need for seafloor mapping data.

In the coming few years, the autonomous underwater vehicle category is all set to be the fastest-growing in the market, on the basis of type. Additionally, the category is projected to maintain its dominance in the future as well.

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Furthermore, the growing defense expenditure on enhanced unmanned military and navy machines has further contributed to the development of the regional industry. Furthermore, key stakeholders remain to concentrate on advancing the autonomous functions and growing the battery life of UUVs.

An extensive variety of vehicle types and applications, also the count of creative methods to fuel the efficiency of UUVs, have been advanced. Underwater communication, Battery technology, propulsion systems, and sensor fusion are all examples of workings that have endured technological improvements.

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UUVs play a vital role in naval warfare as they provide substantial standoff and clandestine abilities and have the capability to familiarize intelligently with the changes in tactical circumstances. Their onboard systems hold the capability of familiarizing according to the mission plan and identifying changes without the requirement for intervention by workers.

Therefore, the navy and other divisions of defense in numerous nations are joining private players to do research and development for next-generation UUVs. For example, in February 2021, the U.S. Defense Advanced Research Projects Agency (DARPA) choose three contractors for a UUV growth program, named the Manta Ray Project.

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