New York, NY, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Unmanned Underwater Vehicles Market By Type (Remotely Operated Vehicle and Autonomous Underwater Vehicle), By Application (Commercial Exploration, Defense, Scientific Research, and Miscellaneous), By Payload (Sensors, Synthetic Aperture Sonar, Inertial Navigation Systems, Cameras, Video Screens, Lighting Systems, and Others), By Propulsion System (Electric, Mechanical, Hybrid, and Others), and By Product Type (Small Vehicles, High-Capacity Electric Vehicles, Work Class Vehicles, Heavy Work Class Vehicles, Man Portable, Light Weight Vehicles, Heavy Weight Vehicles, and Large Vehicles): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global unmanned underwater vehicles market was around USD 2.92 billion in 2018 and is expected to reach approximately USD 7.64 billion by 2025, at a CAGR of slightly above 14.91% between 2018 and 2025.
Unmanned underwater vehicles (UUV), also referred to as underwater drones, are vehicles that can operate underwater without any kind of human interference. The global unmanned underwater vehicles market is growing, owing to its rising applications in the defense and military sector, scientific research applications, and commercial purposes. The rising demand for these vehicles in navel applications for safety and security purposes is another major factor driving the unmanned underwater vehicles market growth. Moreover, the increasing number of offshore oil and gas activities is also expected to propel this market in the future. Additionally, rising surveillance activity for security purposes, increasing rigid rules and regulations, and growing government investments will further accelerate the unmanned underwater vehicles market. Underwater sea exploration for sea mapping and oil and gas pipelines inspection are also stimulating the market. However, the unmanned underwater vehicles market may be negatively affected due to the economic crisis and defense budget cuts.
Browse through 88 Tables & 45 Figures spread over 188 Pages and in-depth TOC on “Global Unmanned Underwater Vehicles Market: By Type, Applications, Industry Size, Share, Segments, Analysis and Forecast, 2018–2025”.
Request Free Sample Report of Global Unmanned Underwater Vehicles Market @ https://www.zionmarketresearch.com/sample/unmanned-underwater-vehicles-market
By application, the unmanned underwater vehicles market includes commercial exploration, scientific research, defense, and miscellaneous. The defense segment is estimated to hold a substantial market share over the projected time period, owing to the rising need for safety and security. The commercial exploration segment will register good growth, owing to UUV’s uses in underwater activities for commercial purposes like laying gas pipelines and conducting oil inspections.
Based on payload, the rising demand for synthetic aperture sonar due to its multiple uses in satellites, aircrafts, submarines, and underwater drones that help in tracking missiles and providing translated images are projected to drive this market segment’s growth.
Request for PDF Brochure of This Report: https://www.zionmarketresearch.com/requestbrochure/unmanned-underwater-vehicles-market
On the basis of the propulsion system, the unmanned underwater vehicles market is segmented into electric, mechanical, hybrid, and others. Hybrid systems are anticipated to hold a substantial market share, owing to the development of improved engines by the manufacturers, to deploy fuel-efficient engines. Moreover, the advantages of UUVs over manual vehicles are also expected to drive this segment.
The North American unmanned underwater vehicles market is anticipated to show notable growth over the projected time period, owing to the presence of prominent market players, such as Boston Engineering Corporation, Bluefin Corp, and Deep Ocean Engineering in the region and increased government spending in the defense sector.
Browse the full “Unmanned Underwater Vehicles Market By Type (Remotely Operated Vehicle and Autonomous Underwater Vehicle), By Application (Commercial Exploration, Defense, Scientific Research, and Miscellaneous), By Payload (Sensors, Synthetic Aperture Sonar, Inertial Navigation Systems, Cameras, Video Screens, Lighting Systems, and Others), By Propulsion System (Electric, Mechanical, Hybrid, and Others), and By Product Type (Small Vehicles, High-Capacity Electric Vehicles, Work Class Vehicles, Heavy Work Class Vehicles, Man Portable, Light Weight Vehicles, Heavy Weight Vehicles, and Large Vehicles): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/unmanned-underwater-vehicles-market
The European unmanned underwater vehicles market will hold a substantial share globally in the future, owing to the increasing adoption of UUV for performing scientific research and conducting maritime surveys and oceanic studies. Electric systems are expected to witness the highest market demand across the European region, owing to the buoyancy changes, which charges batteries.
The Asia Pacific is anticipated to hold a significant share of the unmanned underwater vehicles globally in the years ahead, owing to the presence of developing nations of India and China. Moreover, the leading market players are targeting the Asia Pacific to improve their market penetration with new and improved unmanned underwater vehicles, which will further boost the unmanned underwater vehicles market.
Inquire more about this report before purchase @ https://www.zionmarketresearch.com/inquiry/unmanned-underwater-vehicles-market
Latin America and the Middle East and Africa are likely to witness notable growth in the unmanned underwater vehicles market in the upcoming years. This can be attributed to the rising demand for oil and gas energy, growing government investments in scientific research and defense and oil and gas sectors in these regions. In January 2018, Saudi Arabia Oil Company launched a new autonomous underwater vehicle (AUV), to conduct offshore platform waste surveys and spot seabed clearance and potential waste.
Some leading market players of the unmanned underwater vehicles market are Kongsberg Gruppen, Lockheed Martin Corporation, Teledyne Technologies, Saab Group, Oceaneering International, The Boeing Company, Subsea 7, International Submarine Engineering, Atlas Elektronik, Fugro, and Bluefin Robotics.
Request customized copy of report @ https://www.zionmarketresearch.com/custom/863
This report segments the global unmanned underwater vehicles market into:
Global Unmanned Underwater Vehicles Market: Type Analysis
- Remotely Operated Vehicle (ROV)
- Autonomous Underwater Vehicle (AUV)
Global Unmanned Underwater Vehicles Market: Application Analysis
- Commercial Exploration
- Defense
- Scientific Research
- Miscellaneous
Global Unmanned Underwater Vehicles Market: Payload Analysis
- Sensors
- Synthetic Aperture Sonar
- Inertial Navigation Systems (INS)
- Cameras
- Video Screens
- Lighting Systems
- Others
Global Unmanned Underwater Vehicles Market: Propulsion System Analysis
- Electric
- Mechanical
- Hybrid
- Others
Global Unmanned Underwater Vehicles Market: Product Type Analysis
- Small Vehicles
- High-capacity Electric Vehicles
- Work Class Vehicles
- Heavy Work Class Vehicles
- Man Portable
- Light Weight Vehicles
- Heavy Weight Vehicles
- Large Vehicles
Global Unmanned Underwater Vehicles Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
Related Reports:
- Network Centric Warfare Market: https://www.zionmarketresearch.com/report/network-centric-warfare-market
- Security Robot Market: https://www.zionmarketresearch.com/report/security-robots-market
- Radar System Market: https://www.zionmarketresearch.com/report/radar-systems-market
- Military Robotics Market: https://www.zionmarketresearch.com/report/military-robotics-market
- Radar Security Market: https://www.zionmarketresearch.com/report/radar-security-market
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research
Follow Us Twitter: https://twitter.com/zion_research
Visit Our Blog: http://zmrnewsnetwork.com | http://www.clickfeaturetech.com | https://prosampleresume.com
Contact Us:
Joel John
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Blog: http://newszmr.com