Commercial Unmanned Underwater Vehicles Growth Opportunities

Commercial Unmanned Underwater Vehicles Growth Opportunities

Technological Advances in Autonomous Technology Propel Adoption of UUVs

RELEASE DATE
28-Aug-2023
REGION
Global
Deliverable Type
Market Research
Research Code: K928-01-00-00-00
SKU: AE_2023_108
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Commercial Unmanned Underwater Vehicles Growth Opportunities
Published on: 28-Aug-2023 | SKU: AE_2023_108

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This research delves into the realm of unmanned maritime systems (UMSs), with a particular focus on underwater unmanned vehicles (UUVs), highlighting their role in the global market landscape. Through a comprehensive analysis, this study shows the link between international developments and the evolving commercial UUV market. As a subset of UMS, UUVs have been on the market for longer than other unmanned maritime systems and experience a higher rate of adoption.

Currently valued at approximately $698.9 million, the commercial UMS market steadily surges forward with a notable yearly growth rate of 5.3%. Frost & Sullivan predicts an impending ascent, forecasting the market to expand beyond $906.0 million by 2026. Predominantly driven by demand from the oil and gas industry, this surge underscores the important role UUVs are playing in the commercial world.

In summary, this study provides profound insights into the growth opportunities for manufacturers of UMSs and businesses looking to adopt these solutions. Information for this report was collected from internal databases, academic articles, industry publications, and in-depth interviews.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Commercial Unmanned Underwater Vehicles (UUVs) Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Scope

Overview, Trends, and Challenges

Trends Shaping the Commercial UUV Market

UUV Platform Segmentation

Key Application Areas for Commercial UUV

Key Application Areas for Commercial UUV (continued)

Representative Industry Participants

Representative Commercial UUV Manufacturers

Growth Drivers

Growth Restraints

Growth Opportunity 1: AI to Enable Autonomous Underwater Infrastructure Inspections with UUVs

Growth Opportunity 1: AI to Enable Autonomous Underwater Infrastructure Inspections with UUVs (continued)

Growth Opportunity 2: UUVs for O&G Infrastructure Inspections

Growth Opportunity 2: UUVs for O&G Infrastructure Inspections (continued)

Growth Opportunity 3: UUVs for Maritime Research

Growth Opportunity 3: UUVs for Maritime Research (continued)

Key Conclusions

List of Exhibits

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This research delves into the realm of unmanned maritime systems (UMSs), with a particular focus on underwater unmanned vehicles (UUVs), highlighting their role in the global market landscape. Through a comprehensive analysis, this study shows the link between international developments and the evolving commercial UUV market. As a subset of UMS, UUVs have been on the market for longer than other unmanned maritime systems and experience a higher rate of adoption. Currently valued at approximately $698.9 million, the commercial UMS market steadily surges forward with a notable yearly growth rate of 5.3%. Frost & Sullivan predicts an impending ascent, forecasting the market to expand beyond $906.0 million by 2026. Predominantly driven by demand from the oil and gas industry, this surge underscores the important role UUVs are playing in the commercial world. In summary, this study provides profound insights into the growth opportunities for manufacturers of UMSs and businesses looking to adopt these solutions. Information for this report was collected from internal databases, academic articles, industry publications, and in-depth interviews.
More Information
Deliverable Type Market Research
Author Juan Perl
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Unmanned Underwater Vehicles
Keyword 2 Autonomous Underwater Vehicle
Keyword 3 Uuv Market
Podcast No
WIP Number K928-01-00-00-00