Unmanned Marine Vehicles Market 2024 Analysis, Share, Trends, and Overview 2024-2031

The global unmanned marine vehicles market is anticipated to grow at a significant CAGR of 12.1% during the forecast period. One of the core factors that is fueling the market is the rising demand for automated marine vehicles in the defense and commercial sector of the Europe region. The region consists of several countries such as the UK, Germany, Spain, France, and others which are highly developed in most the industry. This has raised the production of different advanced products for transferring to another region. For instance, in July 2019, French Navy aimed for 1200 unmanned systems by 2030. Out of 1200, 900 unmanned aerial vehicles (UAV) to equip boats, ashore bases and semaphores (land-based signaling and monitoring station), about fifty unmanned surface vehicles (USV) for surveillance and 200 unmanned underwater vehicles (UUV) and underwater gliders for mine warfare and environmental monitoring. In addition, over the past few years, the region has been facing some tension between countries such as Ukraine, Russia, and others which has increased the demand for defense equipment including unmanned marine vehicles for surveillance oceans close to the borders.

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Commercially, demand for unmanned marine vehicles has raised due to various research, and technological advancements. For instance, the UK's Maritime Autonomy Surface Tested (MAST), an unmanned surface vessel (USV) encouraged by the ground-breaking BLADERUNNER hull shape, has already been in for trials in the Tidal Thames. MAST was developed by Portchester-based ASV Ltd, with the assistance of a research fund from the Defense Science and Technology Laboratory (DSTL), which provided a testbed to host multiple new technologies. For instance, in May 2021, the German Federal Ministry for Economic Affairs and Energy announced facilitating $14 million for their Maritime Research Program for developing a novel autonomous submersible robotics system.

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Market Coverage

Segment Covered-
o By Type

o By Control Type

o By Application

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including ATLAS ELEKTRONIK GmbH, General Dynamics Corp., Liquid Robotics (A Boeing Company), Rafael Advanced Defense Systems Ltd., SeaRobotics Corp., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Unmanned Marine Vehicles Market Report Segment

By Type

Surface Vehicle
Underwater Vehicle

By Control Type

Remotely Operated
Autonomous

By Application

Defense
Commercial
Research

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