Armored Unmanned Underwater Vehicle Market Research Report – Global Forecast to 2023

Armored Unmanned Underwater Vehicle
Market Research Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Armored Unmanned Underwater Vehicle Market Research Report - Forecast to
2023
Global Armored Unmanned Underwater Vehicle Market Information Report by Type (Remotely Operated
Vehicles (ROV) and Autonomous Underwater Vehicles (AUV)), by Application (ISR (Intelligence,
Surveillance, and Reconnaissance), Mine Countermeasures, Anti-Submarine Warfare, Security, Detection,
and Inspection, and Navigation & Accident Investigation), and by Region (Americas, APAC, & EMEA) Forecast to 2023
Unmanned underwater vehicles (UUV) are also known as underwater drones. These vehicles can operate underwater
without human intervention. These vehicles have two types and they are Remotely Operated Vehicles (ROV) and
Autonomous Underwater Vehicles (AUV). Increased need for maritime surveillance is primarily fuelling the growth of the
market. The increasing use of these vehicles in anti-submarine warfare and mine countermeasure, is also fuelling the
market growth. Thus, the global armored UUV market is expected to show significant growth, during the forecast period.
However, declining military budgets, in many countries, is one major factor that can hamper the growth of the market.
The report for Global Armored Unmanned Underwater Vehicle Market of Market Research Future comprises of extensive
primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts,
key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of
current market scenario which includes historical and projected marke7t size in terms of value, technological advancement,
macro economical and governing factors in the market. The report provides details information and strategies of the top key
players in the industry. The report also gives a broad study of the different market segments and regions.
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Armored Unmanned Underwater Vehicle Market Research Report - Forecast to
2023
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Armored Unmanned Underwater Vehicle Market Research Report - Forecast to
2023
Segmentation and Regional Analysis
The industry for armored unmanned underwater vehicle is fragmented by type, by application, and by region. The type is
divide by remotely operated vehicles (ROV) and autonomous underwater vehicles (AUV). The application is divide by ISR,
mine countermeasures, anti-submarine warfare, security, detection, and inspection, and navigation & accident
investigation.
The Americas lead the market for armored UUV. The high expenditure are made by the U.S. and Canada, is the prime factor
for market growth in this region. EMEA is the second largest region for the armored UUV market. Asia-Pacific region is
expected to witness the highest growth, during the forecast period, largely due to increasing demand from the countries
such as China, India, South Korea, and Japan.
The Americas dominate the market for armored UUV. The high expenditure on armored UUVs by the U.S. and Canada, is the
primary growth driver of the market in the region. EMEA is the second largest region for the armored UUV market. AsiaPacific region is expected to witness the highest growth, during the forecast period, largely due to increasing demand from
the countries such as China, India, South Korea, and Japan.
Key Players
The key players of the global armored UUV market are Kongsberg Gruppen (Norway), Teledyne Technologies Inc. (US),
General Dynamics (US), Lockheed Martin Corporation (US), Saab Group (Sweden), BAE Systems (US), Subsea 7 S.A. (UK),
Oceanserver Technology, Inc. (US), ATLAS ELEKTRONIK GmbH (Germany), and International Submarine Engineering Ltd.
(Canada).
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Global Armored Unmanned Underwater Vehicle Market Information Report by Type (Remotely Operated Vehicles (ROV) and Autonomous Underwater Vehicles (AUV)), by Application (ISR (Intelligence, Surveillance, and Reconnaissance), Mine Countermeasures, Anti-Submarine Warfare, Security, Detection, and Inspection, and Navigation & Accident Investigation), and by Region (Americas, APAC, & EMEA) - Forecast to 2023