Unmanned maritime vehicle (UMV) is a collective term that can be used to describe autonomous underwater vehicles, semi-submersibles, remotely operated vehicles, and unmanned surface craft. UMV includes any type of marine robots on the surface of below surface of fresh or salt water. UMV is generally used by the civilian, military, and scientific communities to undertake the designated missions. Considerable importance is being placed on the design & development of such vehicles, because they provide cost-effective solutions to numerous littoral, coastal and offshore problems.
As per analysis, “Global Unmanned Maritime Vehicles (UMVs) Market 2020-2026 by Vehicle Type (UUVs, USVs), Application (Commercial, Scientific Research, Defense & Security), Propulsion System (Electric, Mechanical) and Region” the key companies operating in the global UMVs market include Atlas Elektronik GmbH, C-Innovation, 5G International Inc., DOF Subsea AS, Fugro Subsea Services Ltd, ASV Unmanned Marine Systems, BAE Systems plc., Forum Energy Technologies, Boston Engineering, International Submarine Engineering (ISE) Ltd., General Dynamics Mission Systems, i-Tech (Subsea 7), Helix Energy Solutions, Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, Lockheed Martin Corporation, Kystdesign AS, Oceaneering International, Inc., Liquid Robotics, Ocean Aero, Inc., Rafael Advanced Defense Systems Ltd., Marine Tech SAS, Ocius Technology Ltd., SAAB SEAEYE LTD., SeaRobotics Corporation, Perry Slingsby Systems Limited, Saipem (Sonsub), Seebyte Ltd., SeaRobotics Corporation, Soil Machine Dynamics Ltd (SMD), SimpleUnmanned, LLC., Teledyne Technologies Inc., Thales S.A., Schilling Robotics, LLC, Textron Inc. and among others. To improve their market position in the global automated 3D printing market, major players are focusing on adopting the strategies for example recent developments, product innovation, joint venture, mergers & acquisitions, collaborations, and partnership.
On the basis of vehicle type, unmanned maritime vehicles market is categorized into USVs (remotely operated USVs and autonomous USVs), UUVs (ROVs and AUVs) and other UMVs. On the basis of application, market is categorized into scientific research, commercial, defense & security (Anti-Submarine Warfare (ASW), Mine Counter Measures (MCM), intelligence, Surveillance and Reconnaissance (ISR), transportation, security, search & rescue and others. Additionally, on the basis of propulsion system, market is categorized into electric system, mechanical system and others.
Increase in asymmetric threats & need for maritime security and rise in demand for UMVs for combat operations are some of the major factors, which are responsible for growth of the global unmanned maritime vehicles market. Apart from this, presence of low-cost substitutes is a major hamper factor for market. Moreover, rise in demand from navies for ISR activities and an oceanographic study is a key opportunity for market.
By regional analysis, the North-America segment dominates the global unmanned maritime vehicles market owing to presence of key manufacturers and surge in demand from navies for ISR activities & oceanographic studies across the region. Both Europe and Asia-Pacific regions are expected to exhibit substantial growth rate due to rise in demand for water quality monitoring & ocean data mapping over the forecast period. It is predicted that global unmanned maritime vehicles market will be reached at rapid pace because of rise in need for maritime security coupled with growth in asymmetric threats during the forecast period.
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Ankur Gupta, Head Marketing & Communications