Market Research Report
Unmanned Sea Systems Market Forecasts to 2028 - Global Analysis By Type (USV, UUV), Capability (Autonomous, Remotely Operated), System (Sensors, Chassis), Application (Commercial, Military and Defense) and By Geography
|Unmanned Sea Systems Market Forecasts to 2028 - Global Analysis By Type (USV, UUV), Capability (Autonomous, Remotely Operated), System (Sensors, Chassis), Application (Commercial, Military and Defense) and By Geography|
Published: October 1, 2021
Stratistics Market Research Consulting
Content info: 200+ Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Unmanned Sea Systems Market is accounted for $1,334.70 million in 2020 and is expected to reach $5,815.93 million by 2028 growing at a CAGR of 20.2% during the forecast period. Increasing adoption in underwater application, increasing investment and use of 3D printing and composite materials are driving the market growth. However, uncertainty of network and communication system is hampering the growth of the market.
Unmanned sea systems are usually pre-programmed autonomous vehicles and remotely controlled to reduce risk of operators. These systems plays a vital role in maritime surveillance and helps naval agencies to intercept piracy, illegal immigration, smuggling, and overcome challenges related to fisheries protection, exclusive economic zone patrol, and national defence. Unmanned sea systems provide great and diverse operational opportunities for the naval forces.
Based on the type, the unmanned underwater vehicle segment is going to have lucrative growth during the forecast period as under water vehicles are known for underwater robots that operate with less or no human operators. UUVs are used to perform under water operations with various communication and functions associated with submerged platforms.
By geography, Asia Pacific is going to have high growth during the forecast period owing to growing mining activities and increased demand for underwater vehicles by mining industries. Moreover, China and Indian economies have increased their defense budgets, and are expanding their naval systems to strengthen their defense capability.
Some of the key players profiled in the Unmanned Sea Systems Market include Balt Robotics, Boston Engineering Corporation, BAE Systems, General Dynamics, Raytheon, Mitsubishi Heavy Industries, Lockheed Martin, Atlas Electronik, Thales, L3Harris Technologies Inc. and Saab AB.
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