The growth of unmanned underwater vehicle market is highly influenced by the remarkable growth in the need for ISR and submarine detection. The growing naval conflicts have resulted in the increase in military spending towards advanced unmanned marine systems, which in turn has significantly fueled the R&D practices leading to new product developments. This factor is also bolstering the unmanned underwater vehicle market. Growth in the recent five years is primarily driven by two major factors, such as the rise in demand for enhanced ISR and diesel-electric submarine detection and increase in maritime conflict, which demands technologically enhanced the unmanned underwater vehicle.
Unmanned Underwater Vehicle Market to 2025 – Global Analysis and Forecast by types, applications, and geography. The US, which maintains the position of being the largest Defense spender in the world, is constantly trying to counter Chinese belligerence in the South China Sea. The Asian giant is trying to establish Anti-Access/Area Denial (A2/AD) policy along the international trade routes, which has been opposed by several countries worldwide
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The Unmanned Underwater Vehicle Market is segmented by types are Remotely Operated Vehicle (ROVs) and Autonomous. Among the two types of UUVs, The ROVs are heavily adopted among the defense sectors across the globe, pertaining to the demand for enhanced object detection and ISR capabilities. The different types of ROVs used by the industries include free swimming ROVs, bottom-crawling ROVs, and structurally reliant ROVs. The remotely operated vehicles are also deployed by the commercial and research organizations in order to obtain a clear understanding of the undersea environment.
The ROVs are also capable of integrating advanced instruments for the measurement and evaluation of temperature, water clarity and penetration of light under the sea surface. Similarly, the autonomous underwater vehicles (AUVs) are completely automated vehicles deployed for inspection of objects, mines, silent submarines and other threats under the seabed. These vehicles require no human involvement and thereby mitigating the human risk completely. The market for the autonomous underwater vehicle is witnessing an upsurge in the current scenario pertaining to the procurement of advanced technologies among the defense forces, and companies operating in the field of oceanographic surveys. The innovation, development, and adoption of modern technological equipment are allowing naval forces and maritime organizations to effectively synchronize air, naval and land components into a single unit.
Key industry participants in the field of UUV include Kongsberg Gruppen, ECA Group, Teledyne Technologies Inc., Lockheed Martin Corporation, Atlas Elektronik GmbH, Saab AB, Subsea 7 S.A., L-3 Technologies, International Submarine Engineering, and Gabri S.r.L among others.
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