Global Unmanned Marine Vehicles Market, By Type (Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicle (AUV)), Application (Commercial, Scientific Research, Defense, Miscellaneous), Product (Small Vehicles, High-Capacity Vehicles, Work Class Vehicles, Heavy Work Class Vehicles), Propulsion System (Electric, Non-Electric), System (Propulsion System, Collision Avoidance System, Navigation System, Communication System, Sensors, Payloads, Chassis), Speed (Less than 5 Knots, More than 5 Knots), Shape (Torpedo, Laminar Flow Body, Streamlined Rectangular Style, Multi-hull Vehicle), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The unmanned marine vehicles market is expected to witness market growth at a rate of 13.6% in the forecast period of 2021 to 2028. Data Bridge Market Research report unmanned marine vehicles market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Unmanned marine vehicles is a robot vehicle that can operate under the water without occupancy of a human being. Unmanned marine vehicles are self-driven vehicles and are generally utilized in the industries and in the military operations. The unmanned marine vehicles are armed with the devices and sensors needed for the specific task. Unmanned underwater vehicles are utilized for several applications including the surveillance, reconnaissance, mine countermeasures, ocean floor mapping, pipeline inspection, polar ice research, anti-submarine warfare, and so forth.
Factors such as the growing of the capital spending of the offshore oil and gas companies, the increasing of the defense expenditure of the countries around the world and the demand for the ocean data and mapping are expected to boost the growth of the unmanned marine vehicles market in the forecast period. However, the demand for the expansion of sophisticated and highly reliable unmanned marine vehicles and the high operational expenses of unmanned marine vehicles are the factors further anticipated to impede the growth of the unmanned marine vehicles market in the timeline period.
Additionally, the expansion and the assimilation of the progressive technologies in unmanned marine vehicles will further extend profitable opportunities for the growth of the unmanned marine vehicles market in the coming years. Despite that, the
slow under the water survey speed concluding from utilization of the acoustic communication technology and the economic difficulties because of the covid-19 pandemic might further challenge the growth of the unmanned marine vehicles market in the near future.
This unmanned marine vehicles market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the unmanned marine vehicles market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Unmanned Marine Vehicles Market Scope and Market Size
The unmanned marine vehicles market is segmented on the basis of type, application, product, propulsion system, system, speed and shape. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the type, the unmanned marine vehicles market is segmented into remotely operated vehicle (ROV) and autonomous underwater vehicle (AUV).
- Based on the application, the unmanned marine vehicles market is segmented into commercial, scientific research, defense, miscellaneous.
- Based on the product, the unmanned marine vehicles market is segmented into small vehicles, high-capacity vehicles, work class vehicles, heavy work class vehicles),
- Based on the propulsion system, the unmanned marine vehicles market is segmented into electric, non-electric.
- Based on the system, the unmanned marine vehicles market is segmented into propulsion system, collision avoidance system, navigation system, communication system, sensors, payloads, chassis.
- Based on the speed, the unmanned marine vehicles market is segmented into less than 5 knots, more than 5 knots.
- Based on the shape, the unmanned marine vehicles market is segmented into torpedo, laminar flow body, streamlined rectangular style, multi-hull vehicle.
Unmanned Marine Vehicles Market Country Level Analysis
The unmanned marine vehicles market is analysed and market size, volume information is provided by country, type, application, product, propulsion system, system, speed and shape as referenced above.
The countries covered in the unmanned marine vehicles market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the unmanned marine vehicles market because of the growing applicability of the ROVs in the defense and commercial sectors. Furthermore, the amplified utilization of autonomous underwater vehicles (AUVs) for carrying out the deep water surveys for the oil and gas industry which will further boost the growth of the unmanned marine vehicles market in the region during the forecast period. Europe is expected to observe significant amount of growth in the unmanned marine vehicles market because of the increasing demand in the defense and commercial sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Unmanned Marine Vehicles Market Share Analysis
The unmanned marine vehicles market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bipolar discrete semiconductor market.
The major players covered in the unmanned marine vehicles market report are Ocean Aero, Kongsberg, BAE Systems., EchoBlue Ltd, ATLAS ELEKTRONIK GmbH, General Dynamics Corporation, L3Harris Technologies, Inc., Rafael Advanced Defense Systems Ltd., SeaRobotics Corporation, ECA GROUP, Textron Inc., BaltRobotics, Teledyne Technologies Incorporated., Boeing., Deep Ocean Engineering, Inc., EvoLogics GmbH., Lockheed Martin Corporation., Subsea Tech, OceanAlpha, QinetiQ, Northrop Grumman, Saab AB, Oregon Iron Works, Fugro, BIRNS, Inc., SUBSEA 7, International Submarine Engineering Limited, Geomares, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.