Business intelligence has been employed here to generate Global Unmanned Marine Vehicles Market report which is a vital aspect when it comes to accomplish thorough and wide-ranging market insights. Unmanned Marine Vehicles Market is an ultimate solution for sound decision making and superior management of goods and services. Hence, many businesses have started adopting a market research report solution. This market research report endows clients with the supreme level of market data which exactly suits to the niche and business requirements. Unmanned Marine Vehicles Market report has been prepared specifically by keeping in mind business needs of all sizes.
Global Unmanned Marine Vehicles Market is expected to register a substantial CAGR of 8.08% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the rising levels of expenditure and investments provided by various governments & private organisations for the advancement of products along with a rise in threats from coastal areas.
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Unmanned marine vehicles are autonomous robots that are designed to be operated either underwater or on its surface without the need of any human intervention, although another variant of these vehicles are remotely operated by a human. The size of these vehicles depends on their usage and deployment; mostly designed for surveillance purposes and are therefore equipped with sensors, cameras so that the recorded data can be monitored by an individual.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
Rapid rise in the demand for surveillance equipments and instruments amid a growth of oceanic surveillance for defense applications; this factor is expected to drive the growth of the market
Rising levels of applications along with enhanced capabilities for scientific research and border surveillance; this factor is expected to drive the growth of the market
Increased usage of unmanned marine vehicles for underwater mapping particularly for marine geoscience studies is expected to drive the growth of the market
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To have finest market insights and knowhow of the most excellent market opportunities into the specific markets, Unmanned Marine Vehicles Market research report is an ideal option. Each topic of this report is examined very wisely to acquire a clear idea about all the factors that are influencing the market growth and Semiconductor industry. The report carries out the study of the market with respect to general market conditions, market status, market improvement, key developments, cost and profit of the specified market regions, position and comparative pricing between major players. The research study that has taken place in Unmanned Marine Vehicles Market report covers the local, regional as well as global market.
Key Developments in the Market:
- In September 2018, L3 Technologies, Inc. announced that they had acquired ASV Global, LLC. This acquisition will significantly expand their unmanned marine solutions & capabilities, which include anti-submarine warfare, surface combatant unmanned off-board sensors, also integrated unmanned surface and undersea vessel. The integrated operations will form a new company known as “L3 ASV”.
- In April 2018, BAE Systems announced that they are investing 10 million pounds for the upgradation of their Maritime Integration & Support Centre (MISC) situated in Portsmouth, England. The facility provides support to the “Royal Navy” warships along with focusing on research and advancement of technologies. This investment will further advance the development of technologies such as information & electronic warfare, artificial intelligence, unmanned vehicles and new weapons.
Global Unmanned Marine Vehicles Market Major Competitors/Players:
Few of the major competitors currently working in the global unmanned marine vehicles market are:-
- Ocean Aero, Inc.;
- Kongsberg Group;
- BAE Systems;
- EchoBlue Ltd;
- Atlas Elektronik;
- General Dynamics Corporation;
- L3 ASV;
- Rafael Advanced Defense Systems Ltd.;
- SeaRobotics Corporation;
- ECA GROUP;
- Textron Inc.;
BaltRobotics; Teledyne Technologies Incorporated; Boeing; Deep Ocean Engineering; EvoLogics GmbH; Lockheed Martin Corporation; Subsea Tech; OceanAlpha; QinetiQ; Northrop Grumman Corporation; Saab AB; Oregon Iron Works, Inc.; Fugro; BIRNS, Inc.; SUBSEA 7 and International Submarine Engineering Limited.
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