The unmanned underwater vehicle market is expected to grow from US$ 2.83 billion in 2022 to US$ 4.44 billion by 2028; it is estimated to grow at a CAGR of 7.8% from 2022 to 2028.
With the increase in coastal developments, the maritime domain is increasingly becoming congested, fueled by both state and non-state actors using the sea for various activities. This increases the need for maritime surveillance and protection. As a result, the demand for modern assets, such as unmanned vehicles, which can be deployed to reduce human life risks and mitigate enemy contact by moving into other domains such as scientific research, inspection, and search & rescue, is increasing. Moreover, the surging application of digital connectivity acts as a major factor in the growth of unmanned oceanic systems. Connectivity plays a paramount role for the modern networked sea and subsea forces, as the value of every sensor and effector is determined by the degree of its integration in the overall C4ISR chain. Major countries are substantially investing in the defense sectors for the development of connected subsea-based sensors and submerged platforms as this factor is anticipated to trigger more expanding operations of unmanned assets to counter any potential adversary threat.
More autonomous unmanned systems are expected to be developed and deployed by the prime countries in the coming years. This will provide them with significant knowledge of operating such systems and facilitate measuring their future requirements. In pursuit of elevating the robustness of existing force capabilities, defense organizations are expected to continually invest in developing and procuring enhanced systems in the coming years. Distinguished innovations in terms of software and hardware are expected to fuel the demand for unmanned systems among defense forces.
Based on application, the defense segment is expected to account for the largest share of the global unmanned underwater vehicle market in 2022. Unmanned underwater vehicles have a wide range of applications in defense and commercial sectors and research organizations. The deployment of such unmanned marine vehicles in naval forces dates long back, and the major defense forces, such as the US, the UK, Russia, France, and China, are investing substantial amounts in developing robust UUVs. Moreover, defense forces across the globe are encountering maritime security threats such as seabed mines, submarine warfare, and anti-ship & anti-submarine missiles. These potential threats are pressurizing the defense forces to use unmanned underwater systems to counter these threats and reduce risk to human lives. In addition, the manufacturers of unmanned underwater vehicles are integrating enhanced ISR capabilities and improved sensors for smart and connected underwater vehicles, which is increasing the interest among the defense forces to deploy advanced UUVs and strengthen their naval forces.
Strategic Insights
Regional Analysis of Unmanned Underwater Vehicle Market
Asia Pacific (APAC) has been an active participant in the UUV market for over a decade and has made significant development since then. China and Japan are the pioneers in UUV development in APAC, whereas India is a rapidly emerging economy in the UUV market. Moreover, majority of the Asian economies, including Australia, Japan, China, Singapore, and Vietnam, use UUVs that are manufactured by domestic and international suppliers such as Xi'an Tianhe Maritime Technologies, Beijing Unbtek Innovation Technology Co Ltd, Tianjin Deepinfar Ocean Technology Co Ltd, Hydroid Inc, and Mitsubishi Heavy Industries Ltd for mine countermeasures (MCM), underwater research, and border surveillance applications. MCM are the key missions for UUVs, and in APAC, most of the navies conglomerate MCM-based UUVs with intelligence, surveillance, and reconnaissance (ISR). However, the ISR missions that are beyond MCM require maturity in terms of concepts and technologies. Such factors are generating new market opportunities for market vendors across the global unmanned underwater vehicles market.
Lucrative Regions – Unmanned Underwater Vehicle Market Share
Market Insights – Unmanned Underwater Vehicle Market
Accessories-Based Insights
Based on accessories, the unmanned underwater vehicle market is segmented into camera, sensor, sonar, navigation system, communication system, and others. The others segment includes components such as lighting systems and video screens. The camera segment is expected to dominate the unmanned underwater vehicle market in 2022, and it is expected to retain its dominance during the forecast period as well. Cameras are being installed on underwater vessels or vehicles for detecting and monitoring nearby and distant obstacles on the way. The imaging companies are constantly focusing on increasing the capabilities of cameras as the demand for high-end and high-megapixel cameras is increasing among unmanned marine drone manufacturers. The high-end cameras provide better output with high quality, facilitating the end users to gather a clear understanding of the underwater world. This factor is compelling the manufacturers of UUVs to pressure the imaging component manufacturers to design and develop high-end cameras, thereby propelling the demand for cameras in the unmanned underwater vehicle market in the current scenario. It is also expected to bolster the market in the coming years.
Players operating in the unmanned underwater vehicle market are collaboratively working with the end users to cater to the rising number of contracts for military drones across different regions.
- In 2019, the US Navy awarded a contract worth US$ 15.8 million to KONGSBERG HYDROID for the MK 18 Family of unmanned underwater vehicle systems.
- In July 2022, the US Defense Advanced Research Projects Agency (DARPA) awarded a contract worth US$ 8.5 million to Boeing for integrating an advanced undersea payload-delivery system aboard the company's Orca extra-large unmanned underwater vehicle (XLUUV).
Kongsberg Gruppen, Teledyne Marine, Lockheed Martin Corporation, Saab AB, L3Harris Technologies Inc, SUBSEA7, ATLAS ELEKTRONIK GmbH, International Submarine Engineering Limited, ECA Group, and Gabri Srl are among the key players operating in the unmanned underwater vehicle market. The market report provides detailed market insights, which help the key players strategize growth in coming years.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Accessories, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION 13
1.1 SCOPE OF THE STUDY 13
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 13
2. KEY TAKEAWAYS 14
3. UNMANNED UNDERWATER VEHICLE MARKET - ACCESSORIES MARKET 16
4. UNMANNED UNDERWATER VEHICLE MARKET LANDSCAPE 18
4.1 MARKET OVERVIEW 18
4.2 MARKET SEGMENTATION 19
4.2.1 Global Unmanned Underwater Vehicle Market – By Type 20
4.2.2 Global Unmanned Underwater Vehicle Market – By Application 20
4.2.3 Global Unmanned Underwater Vehicle Market – By Geography 21
4.3 PORTER’S FIVE FORCE ANALYSIS 22
4.3.1 Bargaining Power of Buyers 22
Increase in Number of End Users 22
4.3.2 Bargaining Power of Suppliers 22
Large Number of Suppliers Operating in the Market 22
4.3.3 Threats to Substitutes 23
Usage of Multi Beam Echo Sounders such as USBL and LBL 23
4.3.4 Threats to New Entrants 23
Large Number of Established and Well-Known Players Operating in the Market 23
4.3.5 Competitive Rivalry 23
Large Number of Players 23
Prime Suppliers Are Financially Balanced 23
5. UNMANNED UNDERWATER VEHICLE MARKET – KEY INDUSTRY DYNAMICS 24
5.1 KEY MARKET DRIVERS 24
5.1.1 Maritime Conflicts to Accentuate the Demand for Unmanned Underwater Vehicles 24
5.1.2 Need for Enhanced ISR and Detection of Submarine among Defence Forces 24
5.2 KEY MARKET RESTRAINTS 25
5.2.1 Lack of Regulations 25
5.3 KEY MARKET OPPORTUNITIES 25
5.3.1 Surging Demand for Technologically Enhanced Undersea Vehicles among Defence Forces 25
5.4 FUTURE TRENDS 26
5.4.1 Continual Advancements in Unmanned Sub-sea Technology to Propel Growth 26
5.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 27
6. UNMANNED UNDERWATER VEHICLE – GLOBAL MARKET ANALYSIS 28
6.1 GLOBAL UNMANNED UNDERWATER VEHICLE MARKET OVERVIEW 28
6.2 GLOBAL UNMANNED UNDERWATER VEHICLE MARKET FORECAST AND ANALYSIS 30
7. UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – TYPES 31
7.1 OVERVIEW 31
7.2 GLOBAL UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPES, 2017 & 2025 31
7.3 REMOTELY OPERATED VEHICLE (ROV) MARKET 32
7.3.1 Overview 32
7.3.2 Remotely Operated Vehicle Market Forecasts and Analysis 32
7.4 AUTONOMOUS UNDERWATER VEHICLE (AUV) MARKET 33
7.4.1 Overview 33
7.4.2 Autonomous Underwater Vehicle Market Forecasts and Analysis 33
8. UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – APPLICATIONS 34
8.1 OVERVIEW 34
8.2 GLOBAL UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY APPLICATIONS, 2017 & 2025 34
8.3 COMMERCIAL MARKET 35
8.3.1 Overview 35
8.3.2 Commercial Market Forecasts and Analysis 35
8.4 DEFENSE MARKET 36
8.4.1 Overview 36
8.4.2 Defense Market Forecasts and Analysis 36
8.5 RESEARCH MARKET 37
8.5.1 Overview 37
8.5.2 Research Market Forecasts and Analysis 38
9. UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – GEOGRAPHICAL ANALYSIS 39
9.1 OVERVIEW 39
9.2 NORTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET 39
9.2.1 Overview 39
9.2.2 North America Unmanned Underwater Vehicle Market Forecasts and Analysis 40
9.2.3 North America Market Forecasts and Analysis – By Countries 41
9.2.3.1 U.S Unmanned Underwater Vehicle Market Revenue and Forecast to 2025 42
9.2.3.2 Canada Unmanned Underwater Vehicle Market Forecast & Analysis to 2025 43
9.2.3.3 Mexico Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 44
9.2.4 North America Unmanned Underwater Vehicle Market Breakdown, by Type 45
9.2.5 North America Unmanned Underwater Vehicle Market Breakdown, by Application 46
9.3 EUROPE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 47
9.3.1 Overview 47
9.3.2 Europe Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 47
9.3.3 Europe Unmanned Underwater Vehicles Market Breakdown, by Key Countries 48
9.3.3.1 France Unmanned Underwater Vehicles Market Revenue and Forecasts to 2025 (US$ Mn) 49
9.3.3.2 Germany Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 50
9.3.3.3 Russia Unmanned underwater vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 51
9.3.3.4 UK Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 52
9.3.4 Europe Unmanned Underwater Vehicles Market Breakdown, by Type 53
9.3.5 Europe Unmanned Underwater Vehicles Market Breakdown, by Application 54
9.4 ASIA PACIFIC (APAC) UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 55
9.4.1 Overview 55
9.4.2 Asia Pacific Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 55
9.4.3 Asia Pacific Unmanned Underwater Vehicle Market Breakdown, by Key Countries 56
9.4.3.1 China Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 57
9.4.3.2 India Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 58
9.4.3.3 Japan Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 59
9.4.3.4 Rest of APAC Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 60
9.4.4 Asia Pacific Unmanned Underwater Vehicles Market Breakdown, by Type 61
9.4.5 Asia Pacific Unmanned Underwater Vehicles Market Breakdown, by Application 62
9.5 MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 63
9.5.1 Overview 63
9.5.2 Middle East And Africa Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 63
9.5.3 Middle East And Africa Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 64
9.5.3.1 Saudi Arabia Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 64
9.5.3.2 UAE Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 65
9.5.3.3 South Africa Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 66
9.5.4 Middle East And Africa Unmanned Underwater Vehicle Market Breakdown, by Type 67
9.5.5 Middle East And Africa Unmanned Underwater Vehicles Market Breakdown, by Application 68
9.6 SOUTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 69
9.6.1 Overview 69
9.6.2 South America Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 69
9.6.3 South America Unmanned Underwater Vehicle Market Breakdown, by Key Countries 70
9.6.3.1 Brazil Unmanned Underwater Vehicle Market Revenue and Forecasts to 2025 (US$ Mn) 71
9.6.4 South America Unmanned Underwater Vehicle Market Breakdown, by Type 72
9.6.5 South America Unmanned Underwater Vehicles Market Breakdown, by Application 73
10. INDUSTRY LANDSCAPE 74
10.1 OVERVIEW 74
10.2 MARKET INITIATIVE 75
10.3 MERGER AND ACQUISITION 76
10.4 NEW DEVELOPMENT 77
11. COMPETITIVE LANDSCAPE 78
11.1 COMPETITIVE PRODUCT MAPPING 78
11.2 MARKET POSITIONING – GLOBAL TOP 5 PLAYERS RANKING 79
12. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET – KEY COMPANY PROFILES 80
12.1 KONGSBERG GRUPPEN 80
12.1.1 Key Facts 80
12.1.2 Business Description 80
12.1.3 Financial Overview 81
12.1.4 SWOT Analysis 81
12.1.5 Key Developments 83
12.2 TELEDYNE TECHNOLOGIES INCORPORATE 84
12.2.1 Key Facts 84
12.2.2 Business Description 84
12.2.3 Financial Overview 84
12.2.4 SWOT Analysis 85
12.2.5 Key Developments 86
12.3 LOCKHEED MARTIN CORPORATION 87
12.3.1 Key Facts 87
12.3.2 Business Description 87
12.3.3 Financial Overview 88
12.3.4 SWOT Analysis 88
12.3.5 Key Developments 90
12.4 SAAB AB 91
12.4.1 Key Facts 91
12.4.2 Business Description 91
12.4.3 Financial Overview 92
12.4.4 SWOT Analysis 92
12.4.5 Key Developments 94
12.5 L3 TECHNOLOGIES, INC. 95
12.5.1 Key Facts 95
12.5.2 Business Description 95
12.5.3 Financial Overview 96
12.5.4 SWOT Analysis 96
12.5.5 Key Developments 97
12.6 SUBSEA 7 S.A. 98
12.6.1 Key Facts 98
12.6.2 Business Description 98
12.6.3 Financial Overview 99
12.6.4 SWOT Analysis 99
12.6.5 Key Developments 101
12.7 ATLAS ELEKTRONIK GMBH 102
12.7.1 Key Facts 102
12.7.2 Business Description 102
12.7.3 Financial Overview 102
12.7.4 SWOT Analysis 103
12.7.5 Key Developments 104
12.8 INTERNATIONAL SUBMARINE ENGINEERING LIMITED 105
12.8.1 Key Facts 105
12.8.2 Business Description 105
12.8.3 Financial Overview 105
12.8.4 SWOT Analysis 106
12.8.5 Key Developments 107
12.9 ECA GROUP 108
12.9.1 Key Facts 108
12.9.2 Business Description 108
12.9.3 Financial Overview 109
12.9.4 SWOT Analysis 109
12.9.5 Key Developments 110
12.10 GABRI S.R.L. 111
12.10.1 Key Facts 111
12.10.2 Business Description 111
12.10.3 Financial Overview 111
12.10.4 SWOT Analysis 112
12.10.5 Key Developments 113
13. APPENDIX 114
13.1.1 About The Insight Partners 114
13.2 GLOSSARY OF TERMS 115
13.3 METHODOLOGY 116
13.3.1 Coverage 116
13.3.2 Secondary Research 116
13.3.3 Primary Research 117
LIST OF TABLES
TABLE 1. NORTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – BY TYPE (US$ MN) 45
TABLE 2. NORTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 – BY APPLICATION (US$ MN) 46
TABLE 3. EUROPE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – BY TYPE (US$ MN) 53
TABLE 4. EUROPE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – BY APPLICATION (US$ MN) 54
TABLE 5. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – BY TYPE (US$ MN) 61
TABLE 6. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 – BY APPLICATION (US$ MN) 62
TABLE 7. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 – BY TYPE (US$ MN) 67
TABLE 8. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 – BY APPLICATION (US$ MN) 68
TABLE 9. SOUTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 – BY TYPE (US$ MN) 72
TABLE 10. SOUTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET REVENUE AND FORECASTS TO 2025 – BY APPLICATION (US$ MN) 73
TABLE 11. GLOSSARY OF TERM: UNMANNED UNDERWATER VEHICLE MARKET 115
LIST OF FIGURES
FIGURE 1. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET – 2017 & 2025 (US$ BN) 14
FIGURE 2. ASIA PACIFIC REVENUE 2017-2025 (US$ MN) 15
FIGURE 3. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET – ACCESSORIES MARKET 17
FIGURE 4. UNMANNED UNDERWATER VEHICLE MARKET SEGMENTATION 19
FIGURE 5. UNMANNED UNDERWATER VEHICLE MARKET SEGMENTATION - GEOGRAPHIC 20
FIGURE 6. PORTER’S FIVE FORCE ANALYSIS 22
FIGURE 7. UNMANNED UNDERWATER VEHICLE MARKET IMPACT ANALYSIS OF DRIVER AND RESTRAINTS 27
FIGURE 8. GLOBAL UNMNANNED UNDERWATER VEHICLE MARKET 28
FIGURE 9. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET FORECAST AND ANALYSIS 30
FIGURE 10. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPES, 2017 & 2025 (%) 31
FIGURE 11. GLOBAL REMOTELY OPERATED VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 32
FIGURE 12. GLOBAL AUTONOMOUS UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 33
FIGURE 13. GLOBAL UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY APPLICATIONS, 2017 & 2025 (%) 34
FIGURE 14. GLOBAL COMMERCIAL MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 35
FIGURE 15. GLOBAL DEFENSE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 37
FIGURE 16. GLOBAL RESEARCH MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 38
FIGURE 17. UNMANNED UNDERWATER VEHICLE MARKET, GLOBAL BREAKDOWN BY REGION, 2017 & 2025 (%) 39
FIGURE 18. UNMANNED UNDERWATER VEHICLE MARKET, NORTH AMERICA REVENUE FORECAST, 2017 - 2025 (USD MN) 40
FIGURE 19. UNMANNED UNDERWATER VEHICLE MARKET, NORTH AMERICA BREAKDOWN BY COUNTRY, 2017 & 2025 (%) 41
FIGURE 20. U.S UNMANNED UNDERWATER VEHICLE MARKET, REVENUE FORECAST, 2017 - 2025 (USD MN) 42
FIGURE 21. CANADA UNMANNED UNDERWATER VEHICLE MARKET, REVENUE FORECAST, 2017 - 2025 (USD MN) 43
FIGURE 22. MEXICO UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 44
FIGURE 23. NORTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 45
FIGURE 24. NORTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET BREAKDOWN, BY APPLICATION, 2017 & 2025 (%) 46
FIGURE 25. EUROPE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 47
FIGURE 26. EUROPE UNMANNED UNDERWATER VEHICLES MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025 (%) 48
FIGURE 27. FRANCE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 49
FIGURE 28. GERMANY UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 50
FIGURE 29. RUSSIA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 51
FIGURE 30. UK UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 52
FIGURE 31. EUROPE UNMANNED UNDERWATER VEHICLES MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 53
FIGURE 32. EUROPE UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY APPLICATION, 2017 & 2025 (%) 54
FIGURE 33. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 56
FIGURE 34. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025 (%) 57
FIGURE 35. CHINA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 57
FIGURE 36. INDIA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 58
FIGURE 37. JAPAN UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 59
FIGURE 38. REST OF APAC UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 60
FIGURE 39. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 61
FIGURE 40. ASIA PACIFIC UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY APPLICATION, 2017 & 2025 (%) 62
FIGURE 41. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 63
FIGURE 42. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025 (%) 64
FIGURE 43. SAUDI ARABIA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 64
FIGURE 44. UAE UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 65
FIGURE 45. SOUTH AFRICA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 66
FIGURE 46. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 67
FIGURE 47. MIDDLE EAST AND AFRICA UNMANNED UNDERWATER VEHICLES MARKET BREAKDOWN, BY APPLICATION, 2017 & 2025 (%) 68
FIGURE 48. SOUTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 69
FIGURE 49. SOUTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN BY KEY COUNTRIES, 2017 & 2025 (%) 70
FIGURE 50. BRAZIL UNMANNED UNDERWATER VEHICLE MARKET REVENUE AND FORECASTS TO 2025 (US$ MN) 71
FIGURE 51. SOUTH AMERICA UNMANNED UNDERWATER VEHICLE MARKET BREAKDOWN, BY TYPE, 2017 & 2025 (%) 72
FIGURE 52. SOUTH AMERICA UNMANNED UNDERWATER VEHICLES MARKET BREAKDOWN, BY APPLICATION, 2017 & 2025 (%) 73
FIGURE 53. UNMANNED UNDERWATER VEHICLE MARKET, INDUSTRY LANDSCAPE 74
FIGURE 54. GLOBAL TOP 5 PLAYERS 79
The List of Companies - Unmanned Underwater Vehicle Market
- Kongsberg Gruppen
- Teledyne Technologies Inc.
- Lockheed Martin Corporation
- Saab AB
- L3 Technologies Inc.
- SubSea 7
- Atlas Elektronik GmbH
- International Submarine Engineering Ltd.
- ECA Group
- Gabri S.R.L
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Unmanned Underwater Vehicle Market
Apr 2024
Apr 2024
Advanced Air Mobility Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Hardware, Software), Operation Mode (Piloted, Autonomous), Propulsion Type (Fully Electric, Hybrid), End Use (Passenger, Cargo)
Apr 2024
Airport Fueling Equipment Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Tanker Capacity (Below 5,000 Liters; 5,000–20,000 Liters; and Above 20,000 Liters), Aircraft Type (Civil Aircraft and Military Aircraft), and Power Source (Electric and Non-Electric)
Apr 2024
Satellite Optical Ground Station Market
Forecast to 2028 - Global Analysis by Operation (Laser Satcom and Optical Operations), Equipment (Consumer Equipment and Network Equipment), Application (Laser Operations, Debris Identification, Earth Observation, and Space Situational Awareness), and End User (Government and Military and Commercial Enterprises)
Apr 2024
Electro-Optics in Naval Market
Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Camera, Sensor, and Laser Range Finder), Application (Target Detection, Identification, and Tracking; Surveillance; Fire Control; and Others), and End Use (Defense and Commercial)
Apr 2024
Commercial Air Traffic Management Market
Forecast to 2030 - COVID-19 Impact and Global Analysis By Type (Air Traffic Services, Air Traffic Flow Management, and Airspace Management), Component (Hardware and Software), Application (Communication, Navigation, Surveillance, Traffic Control, and Others), and Airport Class (Class I, Class II, Class III, and Class IV)