The Unmanned Maritime Vehicles (UMVs) are robotic fleets that operate under the sea or on the surface of sea. It is also known as unmanned sea systems (USSs). Unmanned maritime vehicles market is developing fast along with rising demand for environmental monitoring, deep-water utilization, regional tensions and anti-terrorism war. These vehicles have potential for improving the naval capabilities owing to their high re-configurability, scalability, and rapid deploy ability have further led to decline in the operational time.
According to study, “Asia-Pacific Unmanned Maritime Vehicles (UMVs) Market 2018-2026 by Vehicle Type, Application, Propulsion System and Country” the key companies operating in the Asia-Pacific Unmanned Maritime Vehicles (UMVs) market are Boston Engineering, ASV Unmanned Marine Systems, 5G International Inc., DOF Subsea AS, Atlas Elektronik GmbH, General Dynamics Mission Systems, BAE Systems plc, Forum Energy Technologies, C-Innovation, International Submarine Engineering (ISE) Ltd., Deep Trekker Inc., Helix Energy Solutions, ECA Group, Kongsberg Gruppen ASA, Fugro Subsea Services Ltd., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, i-Tech (Subsea 7), Ocius Technology Ltd., Kystdesign AS, Perry Slingsby Systems Limited, Liquid Robotics, Rafael Advanced Defense Systems Ltd., Ocean Aero, Inc., Saipem (Sonsub), Oceaneering International, Inc., SeaRobotics Corporation, Marine Tech SAS, Saab Seaeye Ltd., Soil Machine Dynamics Ltd (SMD), Seebyte Ltd., Teledyne Technologies Inc., Schilling Robotics, LLC, Thales S.A., Simple Unmanned, LLC., Textron Inc. The leading players are doing significant developments in the technology to reduce the regional tensions & escalating the provocation of such vehicles which further benefitted to boost the value of market share and leading the successful market growth more extremely throughout the forecast period.
By vehicle type, Asia-Pacific Unmanned Maritime Vehicles (UMVs) market is segregated as Unmanned Surface Vehicles (USVs), Unmanned Underwater Vehicles (UUVs) and others. USVs are further segregated as autonomous USVs and remotely operated USVs. UUVs are further segregated as Autonomous Underwater Vehicles (AUVs) and Remotely Operated Underwater Vehicles (ROVs). By propulsion system, market is segregated as mechanical system, electric system and others. In addition, by application, market is segregated as scientific research, commercial, defense & security and others.
The Asia-Pacific Unmanned Maritime Vehicles (UMVs) market is driven by rise in demand for water quality monitoring and ocean data mapping, followed by growth in asymmetric threats and increase in need for maritime security. However, presence of low-cost substitutes and growth in development of collision avoidance systems coupled with networking issues are hindering factors for market. Furthermore, increase in use of UMVs for combat operations is a major opportunity for market.
Based on geography, the Asia-Pacific Unmanned Maritime Vehicles (UMVs) market is segregated as Japan, China, India, Australia and rest of Asian-Pacific region. It is anticipated that future of the market will be optimistic on account of presence of key manufacturers during the forecast period. It is also anticipated that the Asia-Pacific UMVs market will be grow by approximately 10.5% yearly in the terms of capex and reach US $1,537.2 million by 2026, representing the third leading regional market in the globe.
For More Information, click on the link below:-
Ankur Gupta, Head Marketing & Communications