NEW YORK, Nov. 26, 2021 /PRNewswire/ -- The unmanned
underwater vehicles market size is expected to increase by
USD 1.91 bn from 2020 to 2025,
according to the latest research report from Technavio. The growth
momentum of the market is expected to decelerate at a CAGR of
13.77%. This market forecast report provides a detailed customer
landscape matrix comparing key industry-driven parameters.
Download Our Free Sample Report to explore key
takeaways of the unmanned underwater vehicles market.
The unmanned underwater vehicles market report offers a
comprehensive analysis of the strategies adopted by vendors and the
trends, drivers, and challenges affecting the market size. This
report identifies the growing demand for stealth platform as
one of the prime reasons driving the unmanned underwater vehicles
market growth during the next few years.
The unmanned underwater vehicles market covers the following
areas:
Unmanned Underwater Vehicles Market Sizing
Unmanned Underwater Vehicles Market Forecast
Unmanned Underwater Vehicles Market Analysis
Market Challenges
- Design and operational challenges: Unmanned sea
systems present certain design challenges and operational
restrictions. Some limitations in operating unmanned underwater
vehicles are related to speed, extended range, payload carrying
capacity, and endurance.
- Increasing investments for deploying manned submarines:
The increasing investments in manned attack submarines can
negatively impact the unmanned underwater vehicles market,
primarily for the UUVs segment. As most submarines in many
countries are nearing the end of their service life, there is a
growing need to replace them. This may diminish the investments in
UUVs and limit the funding required for developing advanced
unmanned underwater vehicles and associated electronics.
- Data breaching due to malicious cyber wars: Occurrences
of data leakage can make both manned and unmanned combat platforms
vulnerable to threats even before they are commissioned. This is a
major challenge for the market.
Some Companies Mentioned
- ATLAS ELEKTRONIK GmbH
- BAE Systems Plc
- Fugro NV
- General Dynamics Corp.
- International Submarine Engineering Ltd.
- Kongsberg Gruppen ASA
- L3Harris Technologies Inc.
- Lockheed Martin Corp.
- Teledyne Technologies Inc.
- The Boeing Co.
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Report
Unmanned
Underwater Vehicles Market Scope
|
Report
Coverage
|
Details
|
Page
number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Decelerate at a CAGR
of 13.77%
|
Market growth
2021-2025
|
USD 1.91
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
18.97
|
Regional
analysis
|
North America,
Europe, APAC, MEA, and South America
|
Performing market
contribution
|
North America at
34%
|
Key consumer
countries
|
US, China, Germany,
Norway, and France
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
ATLAS ELEKTRONIK
GmbH, BAE Systems Plc, Fugro NV, General Dynamics Corp.,
International Submarine Engineering Ltd., Kongsberg Gruppen ASA,
L3Harris Technologies Inc., Lockheed Martin Corp., Teledyne
Technologies Inc., and The Boeing Co.
|
Market
Dynamics
|
Parent market
analysis, market growth inducers and obstacles, fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for the forecast
period
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Us
Technavio is a leading global technology research and advisory
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Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio