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Unmanned Underwater Vehicles (UUV) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 119 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5685040

Unmanned underwater vehicles (UUV) are self-propelled vehicles, typically deployed from a surface vessel without any human operator onboard. These vehicles are designed to operate independently (or by a remote controller) for periods ranging from a few hours to several days.UUVs have received significant attention worldwide and increasingly being widely used across numerous applications. Some of the popular applications of UUV include surveillance, reconnaissance, mine countermeasures, ocean floor mapping, pipeline inspection, polar ice research, anti - submarine warfare and several others.

The most prominent factor driving the overall UUV market include consistently rising investment by the defense departments on undersea drones. UUVs are capable of operating in conditions where humans are incapable of reaching. This makes UUVs highly suitable for performing difficult tasks submerged in water. Another major factor fueling the market growth is the growing adoption of these drones from the oil & gas sector. Nevertheless, factors such as limited battery life and underwater communication barriers pose significant barrier to the market growth.

The report titled GlobalUnmanned Underwater Vehicles (UUV)Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030 offers strategic insights into the global unmanned underwater vehicles market along with the market size and estimates for the duration 2015 to 2030. The said research study covers in-depth analysis of market segments based on product type, operating depth, applications and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2021 & 2030. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading unmanned underwater vehicles vendors, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report are Kongsberg Maritime AS, Boeing Company, Bluefin Robotics Corporation (General Dynamics Corporation), Raytheon Company, Teledyne Technologies, Inc., Lockheed Martin Corporation, Saab Group, Subsea 7 S.A., Thales Group, BAE Systems Plc. and several others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.


Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the unmanned underwater vehicle industry
  • Comparative analysis for different segments for the years 2021 & 2030
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2020 - 2021)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global unmanned underwater vehicles market, offering market size and estimates for the period from 2022 to 2030, keeping in mind the above-mentioned factors.

Currently, the overall unmanned underwater vehicles market is led by the remotely operated vehicles (ROV) segment. As of 2021, the segment contributes to more than fifty percent of the total revenue generated worldwide. These are typically tethered drones and are controlled remotely by a human operator. ROVs are popularly used for oceanic survey, pipeline inspection and environmental research. These vehicles are typically equipped with a camera and lights. Other payloads include sensors, SONAR, magnetometers and few others.

In the following years, autonomous underwater vehicles (AUV) and hybrid underwater vehicles segments are set to exhibit the highest growth. Most of the applications now demand preprogrammed UUVs that can carry out the given task with minimal human intervention. Growing investment for advancement of UUVs is estimated to result into higher adoption of AUVs and hybrid vehicles over the forecast period.

The overall unmanned underwater vehicles market is led by the North America region, as of 2021. The region contributes to more than fifty percent of the total revenue generated worldwide. The market here is principally backed by the U.S. accounting for nearly 90% of the total regional revenue. Due to high investment over undersea drones, the demand for UUVs is estimated to remain strong in the region over the forecast period. Subsequently, the region would continue dominating the market throughout the forecast period.

In the following years, Asia Pacific and Europe are set to emerge as the fastest-growing markets for UUVs. The Europe UUV market is primarily governed by Russia, the U.K. and France having strong expenditure over UUVs. Similarly, in Asia Pacific, China and Japan are the major consumers of UUVs. The demand for UUVs in Asia Pacific is set to increase due to rising territorial disputes in Asia Pacific waters.


Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.


Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Unmanned Underwater Vehicles (UUV) market are as follows:


  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Unmanned Underwater Vehicles (UUV) market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.


Market Segmentation

Product

  • Autonomous Underwater Vehicles (AUV)
  • Remotely Operating Underwater Vehicles (ROV)
  • Hybrid Underwater Vehicles

Operating

  • Less than 200m
  • 200 to 1,000m
  • 1,000 to 3,000m
  • More than 3,000m

More than 3,000m

  • Defense
  • Scientific Research
  • Commercial

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Unmanned Underwater Vehicles (UUV) market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Unmanned Underwater Vehicles (UUV) market?
  • Which is the largest regional market for Unmanned Underwater Vehicles (UUV) market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Unmanned Underwater Vehicles (UUV) market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Unmanned Underwater Vehicles (UUV) market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Unmanned Underwater Vehicles (UUV) Market
2.2. Global Unmanned Underwater Vehicles (UUV) Market, By Product, 2021 (US$ Million)
2.3. Global Unmanned Underwater Vehicles (UUV) Market, By Operating, 2021 (US$ Million)
2.4. Global Unmanned Underwater Vehicles (UUV) Market, By More than 3,000m, 2021 (US$ Million)
2.5. Global Unmanned Underwater Vehicles (UUV) Market, By Geography, 2021 (US$ Million)
2.6. Impact of Covid 19
2.7. Attractive Investment Proposition by Geography, 2021
2.8. Competitive Analysis
2.8.1. Market Positioning of Key Unmanned Underwater Vehicles (UUV) Market Vendors
2.8.2. Strategies Adopted by Unmanned Underwater Vehicles (UUV) Market Vendors
2.8.3. Key Industry Strategies
3. Unmanned Underwater Vehicles (UUV) Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Unmanned Underwater Vehicles (UUV) Market Value, 2020-2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Autonomous Underwater Vehicles (AUV)
4.3.2. Remotely Operating Underwater Vehicles (ROV)
4.3.3. Hybrid Underwater Vehicles
5. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Less than 200m
5.3.2. 200 to 1,000m
5.3.3. 1,000 to 3,000m
5.3.4. More than 3,000m
6. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Defense
6.3.2. Scientific Research
6.3.3. Commercial
7. North America Unmanned Underwater Vehicles (UUV) Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
7.3. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
7.4. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
7.5.Unmanned Underwater Vehicles (UUV) Market: By Region, 2020-2030, USD (Million)
7.5.1.North America
7.5.1.1. U.S.
7.5.1.2. Canada
7.5.1.3. Rest of North America
8. UK and European Union Unmanned Underwater Vehicles (UUV) Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
8.3. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
8.4. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
8.5.Unmanned Underwater Vehicles (UUV) Market: By Region, 2020-2030, USD (Million)
8.5.1.UK and European Union
8.5.1.1. UK
8.5.1.2. Germany
8.5.1.3. Spain
8.5.1.4. Italy
8.5.1.5. France
8.5.1.6. Rest of Europe
9. Asia Pacific Unmanned Underwater Vehicles (UUV) Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
9.3. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
9.4. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
9.5.Unmanned Underwater Vehicles (UUV) Market: By Region, 2020-2030, USD (Million)
9.5.1.Asia Pacific
9.5.1.1. China
9.5.1.2. Japan
9.5.1.3. India
9.5.1.4. Australia
9.5.1.5. South Korea
9.5.1.6. Rest of Asia Pacific
10. Latin America Unmanned Underwater Vehicles (UUV) Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
10.3. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
10.4. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
10.5.Unmanned Underwater Vehicles (UUV) Market: By Region, 2020-2030, USD (Million)
10.5.1.Latin America
10.5.1.1. Brazil
10.5.1.2. Mexico
10.5.1.3. Rest of Latin America
11. Middle East and Africa Unmanned Underwater Vehicles (UUV) Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Unmanned Underwater Vehicles (UUV) Market: By Product, 2020-2030, USD (Million)
11.3. Unmanned Underwater Vehicles (UUV) Market: By Operating, 2020-2030, USD (Million)
11.4. Unmanned Underwater Vehicles (UUV) Market: By More than 3,000m, 2020-2030, USD (Million)
11.5.Unmanned Underwater Vehicles (UUV) Market: By Region, 2020-2030, USD (Million)
11.5.1.Middle East and Africa
11.5.1.1. GCC
11.5.1.2. Africa
11.5.1.3. Rest of Middle East and Africa
12. Company Profile
12.1. Kongsberg Maritime AS
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Boeing Company
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Bluefin Robotics Corporation (General Dynamics Corporation)
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Raytheon Company
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Teledyne Technologies, Inc.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Lockheed Martin Corporation
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Saab Group
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Subsea 7 S.A.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Thales Group
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. BAE Systems Plc.
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. ATLAS ELEKTRONIK GmbH
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. L3 OceanServer
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives
12.13. International Submarine Engineering Ltd.
12.13.1. Company Overview
12.13.2. Financial Performance
12.13.3. Product Portfolio
12.13.4. Strategic Initiatives
List of Figures
Figure 1 Global Unmanned Underwater Vehicles (UUV) Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Unmanned Underwater Vehicles (UUV) Market: Quality Assurance
Figure 5 Global Unmanned Underwater Vehicles (UUV) Market, By Product, 2021
Figure 6 Global Unmanned Underwater Vehicles (UUV) Market, By Operating, 2021
Figure 7 Global Unmanned Underwater Vehicles (UUV) Market, By More than 3,000m, 2021
Figure 8 Global Unmanned Underwater Vehicles (UUV) Market, By Geography, 2021
Figure 9 Global Unmanned Underwater Vehicles (UUV) Market, By Product, 2021 Vs 2030, %
Figure 10 Global Unmanned Underwater Vehicles (UUV) Market, By Operating, 2021 Vs 2030, %
Figure 11 Global Unmanned Underwater Vehicles (UUV) Market, By More than 3,000m, 2021 Vs 2030, %
Figure 12 U.S. Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 13 Canada Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 14 Rest of North America Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 15 UK Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 16 Germany Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 17 Spain Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 18 Italy Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 19 France Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 20 Rest of Europe Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 21 China Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 22 Japan Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 23 India Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 24 Australia Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 25 South Korea Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 26 Rest of Asia Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 27 Brazil Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 28 Mexico Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 29 Rest of Latin America Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 30 GCC Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 31 Africa Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030
Figure 32 Rest of Middle East and Africa Unmanned Underwater Vehicles (UUV) Market (US$ Million), 2020 - 2030

Companies Mentioned

  • Kongsberg Maritime AS
  • Boeing Company
  • Bluefin Robotics Corporation (General Dynamics Corporation)
  • Raytheon Company
  • Teledyne Technologies Inc.
  • Lockheed Martin Corporation
  • Saab Group
  • Subsea 7 S.A.
  • Thales Group
  • BAE Systems Plc.
  • ATLAS ELEK