Unmanned underwater vehicles (UUV) By Application Forecast Size By Application Analysis, Growth, Trends And Forecast By 2023

Unmanned underwater vehicles (UUV) are also called by underwater vehicle or wagon that drive inside the water without human interferences. Right now there different types of UUV are available in market depending upon what is purpose. The UUV are dived in two major parts which are ‘Remotely Operated Vehicles (ROV)’ and ‘Autonomous Underwater Vehicles (AUV)’.

The remotely operated vehicles are the robots that go inside the sea or ocean, but they are connected to ship above on surface with unique cables they are connected. This cables act as intermediated between ROV and ship operator. The operator guide this vehicle with the help of remote control. ROV is setup with lights, sonar systems, camera for video and picture purpose and arm like structure to collect objects, lifting heavy objects and removing obstacles.

AUVs are different from the ROV as there is no link with operator on ship. They are self-powered and guided vehicles. AUVs are trending vehicles in recent time for ocean base study. AUVs can performs same as ROV but they do not have cables or remote, they do mapping, detecting, and removing obstruction without any human operator, fully automated. Once they are done with the survey and collecting the information, they are back to surface where data is collected and stored in the systems.

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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.

Industry - Competitive Outlook               

Key players are approaching new techniques so that they can offer this technology in more affordable price with advance functionality. The same would improve market performance. Heavy investments are made by major players in the R&D sector.

The key players of the global armored UUV market are  , Subsea 7 S.A., Oceanserver Technology, Inc., Kongsberg Gruppen , Teledyne Technologies Inc., General Dynamics , Lockheed Martin Corporation , Saab Group, and BAE Systems.