5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Unmanned Sea Systems Market is Segmented by Type (Unmanned Underwater Vehicles (UUV), Unmanned Surface Vehicles (USV)), Capability (Remotely Operated Vehicle, Autonomous Vehicle), and Geography.
Fastest Growing Market:
The unmanned sea systems market is anticipated to register a CAGR of over 10% during the forecast period.
The study of unmanned sea systems market includes the use of unmanned underwater vehicles (UUV) and unmanned surface vehicles (USV), for military and commercial applications.
|Unmanned Underwater Vehicles (UUV)|
|Unmanned Surface Vehicles (USV)|
|Remotely Operated Vehicle|
|Rest of World|
Report scope can be customized per your requirements. Click here.
The autonomous vehicle segment of the market is expected to register the highest CAGR during the forecast period. Currently, there is a substantial investment in the development of new autonomous vehicles, and also to convert the existing remotely controlled vehicles into autonomous vehicles, to minimize human interference and increase the efficiency of the vehicles. For instance, in July 2019, the US Navy (USN) initiated the development of a decision support aid for the Sea Hunter unmanned surface vessel program, using the artificial intelligence (AI) algorithms. Under the operator decision aid (ODA) pilot project, the Naval Sea Systems Command (NAVSEA) plans to develop a warning and maneuver recommendations prototype. Such initiatives by the governments are fuelling the growth of this market segment during the forecast period.
To understand key trends, Download Sample Report
The North American region is expected to generate the highest demand for unmanned sea systems during the forecast period. The majority of the demand for unmanned sea systems in North America is generated from the United States. The country, being the highest military spender, is currently investing heavily in unmanned sea systems, after it successfully integrated UAVs and UGVs into its armed forces. As a part of these investments, the Navy is currently seeking to build new Medium Unmanned Surface Vehicle (MUSV) and Large Unmanned Surface Vehicle (LUSV), the new sea platforms with anti-surface and strike warfare capabilities for a range of missions, like anti-submarine sonar applications, command and control, and sweeping ISR. Also, the Navy is working with defense companies, like Lockheed Martin and Boeing, to manufacture and deploy Extra Large Unmanned Undersea Vehicles (XLUUVs).
To understand geography trends, Download Sample Report.
The prominent players in the market are The Boeing Company, L3Harris Technologies Inc., Lockheed Martin Corporation, General Dynamics Corporation, and Saab AB. Currently, the major manufacturing companies based in the United States are majorly dependent on the orders and contracts provided by the US Department of Defense. With product and technology innovation, companies can increase their geographic presence, thereby increasing their market share. Also, the growing partnerships between the companies to exchange technology and technical expertise, as well as the acquisition of smaller companies and startups by the major defense companies, are expected to increase the market consolidation in the coming years.
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Unmanned Underwater Vehicles (UUV)
5.1.2 Unmanned Surface Vehicles (USV)
5.2.1 Remotely Operated Vehicle
5.2.2 Autonomous Vehicle
5.3.1 North America
126.96.36.199 United States
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 Rest of Asia-Pacific
5.3.4 Rest of World
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 ATLAS ELEKTRONIK GmbH
6.2.2 BAE Systems plc
6.2.3 General Dynamics Corporation
6.2.4 Lockheed Martin Corporation
6.2.5 Teledyne Technologies Incorporated
6.2.6 Kongsberg Gruppen AS
6.2.7 Saab AB
6.2.8 L3Harris Technologies Inc.
6.2.9 Maritime Robotics AS
6.2.10 The Boeing Company
6.2.11 ECA SA
6.2.12 Elbit Systems Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability