Unmanned Underwater Vehicles (UUV) Market Pegged for Robust Expansion During 2018 to 2023

Unmanned Underwater Vehicles (UUV) market size will grow from in 2017 to by 2023, at an estimated CAGR of . The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

The growth of the market can be attributed to the rising number of deep-water offshore oil & gas production activities and increasing maritime security threats. Government organizations and private agencies across the globe have been investing in the development and manufacturing of advanced UUVs.

By Market Players:
Kongsberg Gruppen , Teledyne Technologies Inc. , Lockheed Martin Corporation , Saab Group , Oceaneering International, Inc. , Subsea 7 S.A. , The Boeing Company , Oceanserver Technology, Inc. , Bluefin Robotics Corporation , Atlas EleKTronik GmbH , International Submarine Engineering Ltd. , Fugro N.V.

By Type
ROV, AUV.

By Application
Commercial Exploration, Defense, Scientific Research, Miscellaneous.

By Payload
Sensors, Synthetic Aperture Sonar, Inertial Navigation Systems (INS), Cameras, Video Screens, Lighting Systems, Others.

By Propulsion system
Electric Systems, Mechanical Systems, Hybrid Systems, Others.

By ROV Product Type
Small Vehicles, High-capacity Electric Vehicles, Work Class Vehicles, Heavy Work Class Vehicles.

By AUV Product Type
Man Portable, Light Weight Vehicles, Heavy Weight Vehicles, Large Vehicles.

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