An Autonomous Underwater Vehicle (AUV) Is A Robot That Travels Underwater Without Requiring Input From An Operator. AUVs Constitute Part Of A Larger Group Of Undersea Systems Known As Unmanned Underwater Vehicles, A Classification That Includes Non-Autonomous Remotely Operated Underwater Vehicles (ROVs) – Controlled And Powered From The Surface By An Operator/Pilot Via An Umbilical Or Using Remote Control. In Military Applications An AUV Is More Often Referred To As An Unmanned Undersea Vehicle (UUV).
The Global Military Unmanned Underwater Vehicles (UUV) Market Size Was Estimated At USD 760.10 Million In 2021 And Is Projected To Reach USD 1973.20 Million By 2028, Exhibiting A CAGR Of 14.60% During The Forecast Period.
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Military Unmanned Underwater Vehicles (UUV) Market Segmentation
The global military UUV market is segmented by type, application, and region. By type, the market is segmented into remotely operated underwater vehicles (ROVs) and autonomous underwater vehicles (AUVs). The ROV segment is expected to dominate the market during the forecast period, owing to the increasing demand for these vehicles for minesweeping and other applications that require human intervention.
By application, the market is segmented into minesweeping, anti-submarine warfare, intelligence gathering, and others. The minesweeping segment is expected to dominate the market during the forecast period, owing to the increasing demand for these vehicles to clear sea mines.
By region, the Military Unmanned Underwater Vehicles (UUV) Market Share is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market during the forecast period, owing to the presence of major defense players in the region.
Military Unmanned Underwater Vehicles (UUV) Market Top Players
Some of the key players operating in the global military UUV market are:
BAE Systems
General Dynamics
Kongsberg Maritime
L3Harris Technologies
Oceaneering International
Saab
Subsea 7
Teledyne Technologies
Ultra Electronics
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Military Unmanned Underwater Vehicles (UUV) Market Key Trends
Some of the key trends in the global military UUV market include:
The increasing demand for AUVs
The development of new UUV technologies, such as swarm UUVs
The growing focus on UUVs for commercial applications
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest Of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest Of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest Of South America)
The Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest Of MEA)
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Military Unmanned Underwater Vehicles (UUV) Market Outlook
The global military UUV market is expected to grow at a healthy CAGR during the forecast period. The growth of the market is driven by the increasing demand for these vehicles for a variety of applications, such as minesweeping, anti-submarine warfare, and intelligence gathering. The development of new UUV technologies and the growing focus on UUVs for commercial applications are also expected to boost the growth of the market during the forecast period.
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Article source: https://article-realm.com/article/Business/49423-Military-Unmanned-Underwater-Vehicles-UUV-Market-Industry-Analysis-and-2032.html
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