Quick Summary:
In the rapidly evolving global landscape, staying informed about emerging markets is crucial for strategic decision-making. The frontier of technological innovation is venturing deeper below the ocean's surface. The Unmanned Underwater Vehicles (UUV) market, currently valued at $2.8 billion, is projected to hold the potential of expanding over threefold by 2030, reaching a market worth of $9.2 billion. A noteworthy segment within this market, Remotely Operated Vehicles (ROV), is forecasted to hit $4.8 billion by the end of the analysis period.
In the United States, this niche market is set to rise from an estimated $817.4 million to lead the charge, with China not far behind, predicted to grow at an impressive 15.3% CAGR. This market research report provides in-depth analysis of all aspects of the UUV market growth, including competition, market shares, and geographical market trends. Relying on this data is a key advantage for those wishing to stay ahead in this exciting, emerging market. A thorough understanding of the industry’s leading competitors can prove invaluable as the global demand for UUV technology expands.
With the purchase of this report, you will also gain special features, such as access to digital archives, the publisher's Research Platform, and complimentary updates for one year.
Global Unmanned Underwater Vehicles (UUV) Market to Reach $9.2 Billion by 2030
The global market for Unmanned Underwater Vehicles (UUV) estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$9.2 Billion by 2030, growing at a CAGR of 16.3% over the analysis period 2022-2030. Remotely Operated Vehicle (ROV), one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$4.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Autonomous Underwater Vehicle (AUV) segment is readjusted to a revised 18.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $817.4 Million, While China is Forecast to Grow at 15.3% CAGR
The Unmanned Underwater Vehicles (UUV) market in the U.S. is estimated at US$817.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 15.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.7% and 14.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.Select Competitors (Total 42 Featured) -
- Atlas Elektronik GmbH
- Bluefin Robotics
- Fugro N.V.
- International Submarine Engineering (ISE) Ltd.
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Oceaneering International, Inc.
- Oceanserver Technology, Inc.
- SAAB AB
- Subsea 7 SA
- Teledyne Technologies Inc.
- The Boeing Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Unmanned Underwater Vehicles (UUV)?
What is the growth rate of the Global Market for Unmanned Underwater Vehicles (UUV)?
What is the forecasted size of the Global Market for Unmanned Underwater Vehicles (UUV)?
Who are the key companies in the Global Market for Unmanned Underwater Vehicles (UUV)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 2.8 Billion |
| Forecasted Market Value ( USD | $ 9.2 Billion |
| Compound Annual Growth Rate | 16.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Atlas Elektronik GmbH
- Bluefin Robotics
- Fugro N.V.
- International Submarine Engineering (ISE) Ltd.
- Kongsberg Gruppen ASA
- Lockheed Martin Corporation
- Oceaneering International, Inc.
- Oceanserver Technology, Inc.
- SAAB AB
- Subsea 7 SA
- Teledyne Technologies Inc.
- The Boeing Company
