IMARC Group has recently released a new research study “Unmanned Marine Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Unmanned marine vehicles Industry?

The global unmanned marine vehicles market size reached US$ 3.51 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.89 Billion by 2027, exhibiting a growth rate (CAGR) of 11.30% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What Is A Unmanned Marine Vehicles?

Unmanned marine vehicles (UMVs) represent robotic vessel systems that can be operated above and below the water surface automatically or remotely without any human intervention. They consist of unmanned surface craft, semi-submersibles, and remotely operated and autonomous underwater vehicles as some standard vessel types.

Unmanned marine vehicles can range from small vessels to mid-sized ships. They are used with numerous sensors that aid in acquiring and recording environment-related data of nearby areas and assessing vehicle response or course.These vehicles also help in improving marine animal monitoring, performing risky military-related tasks automatically, offering safety, minimizing survey duration at minimal operational costs, etc. In line with this, UMVs are stable and maneuverable. Consequently, they are extensively utilized in oceanographic or hydrographic data collection, deep-sea mining, and anti-submarine warfare (ASW) applications.

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What are the key factors driving the global unmanned marine market?

The expanding navy and defense department of the military sector and the increasing requirement for autonomous underwater and remotely operated vehicles in intelligence, surveillance and reconnaissance (ISR) operations are primarily augmenting the unmanned marine vehicles market.

Furthermore, the rising investments by government bodies in defense forces to deal with maritime-security threats, including torpedo dangers, underwater mines, diesel-electric submarine attacks, short-range anti-ship missiles, etc., are positively influencing the global market. Apart from this, the widespread adoption of autonomous marine vehicles in hydrographic surveys to produce navigational charts for safer transit of vessels and understand the freshwater environment for port and harbor development is acting as another significant growth-inducing factor. Moreover, the introduction of robotic platforms by key market players to neutralize potential underwater threats is expected to fuel the unmanned marine vehicles market in the coming years.

Who are the key players/companies in the global unmanned marine market?

Atlas Elektronik GmbH (ThyssenKrupp AG), Fugro, General Dynamics Mission Systems Inc. (General Dynamics Corporation), Kongsberg Gruppen, L3harris Technologies Inc., Lockheed Martin Corporation, QinetiQ, Rafael Advanced Defense Systems Ltd., Saab AB, Teledyne Technologies Inc., Textron Inc. and The Boeing Company.

Breakup by Type:

• Surface Vehicle
• Underwater Vehicle

Breakup by Control Type:

• Remotely Operated
• Autonomous

Breakup by Application:

• Defense
• Research
• Commercial
• Others

By Geography:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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