Unmanned Underwater Vehicles (UUV) Market to Reach Billion USD by 2022

Unmanned underwater vehicles, also known as underwater drones are vehicles that can operate underwater without any human occupant. These vehicles are of two types – remotely operated underwater vehicles (ROV) which can be operated with the help of a remote human operator, and autonomous underwater vehicles (AUV) which can operate without any direct human input. The latter can be regarded as a robot. Defense and Military authorities use unmanned vehicles during oceanic warfare to discover and destroy underwater mines. They can be used to locate and detonate nuclear weapons. In addition, mining and drilling sector also makes use of unmanned underwater vehicles. This report studies the current and future aspects of unmanned underwater vehicles market.

The report on the global Unmanned Underwater Vehicles (UUV) Market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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The unmanned underwater vehicles market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Middle East and Africa region holds the highest market share and is the largest revenue contributor in the forecasted period of the unmanned underwater vehicles market. Due to the increasing activities related to oil and gas exploration, the UUV market in the MEA region is expected to continue growing at the same pace and during the forecasted period.

MARKET SEGMENTATION

This report analyzes the Unmanned Underwater Vehicles (UUV) Market by the following segments:

Unmanned Underwater Vehicle Market, by Type

1. ROV
2. AUV

Unmanned Underwater Vehicle Market, by Application

1. Commercial Exploration
2. Defense
3. Scientific Research
4. Miscellaneous

Unmanned Underwater Vehicle Market, by Payload

1. Sensors
2. Synthetic Aperture Sonar
3. Inertial Navigation Systems (INS)
4. Cameras
5. Video Screens
6. Lighting Systems
7. Others

Unmanned Underwater Vehicle Market, by Propulsion system

1. Electric Systems
2. Mechanical Systems
3. Hybrid Systems
4. Others

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