Authored By: Sarah
02 Sep 2024

Unmanned Maritime Systems Market Size to grow by USD 9286.1 million between 2024-2028 

The Unmanned Maritime Systems Market is expected to increase by USD 9286.1 million billion. As per the research report 2024-2028 published by Technavio, the market is expected to grow at a CAGR of 15.35% during the forecast period. The industry is segmented by Type (UUVs, USVs, and UAVs), Technology (Remotely operated vehicle and Autonomous vehicle), and Geography (North America, Europe, APAC, South America, and Middle East and Africa).

UUVs is expected to lead the Type segment of the Unmanned Maritime Systems Market

Unmanned underwater vehicles (UUVs) are advanced technological solutions designed for autonomous underwater operations. These vehicles employ onboard sensors and software for navigation and mission execution, eliminating the need for real-time human intervention. UUVs have gained significant traction in various industries, including oil and gas, environmental monitoring, and defense, due to their capabilities in seafloor mapping, pipeline inspection, and military applications. The escalating demand for sophisticated underwater technology and increasing investments in underwater research and defense are propelling the growth of the UUV market. From a naval perspective, UUVs offer distinct advantages in network-centric scenarios, such as extended operational reach and covert capabilities, minimizing risk to manned assets.

Know what factors are driving the market growth - Access free sample report

The North America contributes 33% share to the Unmanned Maritime Systems Market in 2024

The North America hold the largest regional market size in the current year. The Unmanned Maritime Systems Market represents a significant growth opportunity for businesses seeking to automate and optimize maritime operations. These systems, which include unmanned surface vessels, underwater drones, and autonomous submarines, offer enhanced efficiency, cost savings, and improved safety. Key market drivers include increasing demand for maritime surveillance, expanding offshore energy exploration, and advancements in autonomous technology. Businesses investing in this sector can expect robust growth and competitive advantages in the near future.

Know which companies are participating in the market- Download the report

Unmanned Maritime Systems Market Research Overview 

The global Unmanned Maritime Systems (UMS) market is a significant segment of the broader capital goods industry. This sector falls under the aerospace and defense market, which includes companies producing platforms for naval, land, and air domains, as well as arms and ammunition, defense electronics, defense logistics equipment, space platforms, and launch vehicles. Additionally, the aerospace and defense industry encompasses maintenance, repair, and overhaul (MRO) activities for commercial and defense sectors. According to Technavio, the global capital goods market size is determined by the combined revenue generated by manufacturers and providers for industries such as aerospace and defense, building, construction and engineering, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors. In the context of this market, UMS refers to autonomous or remotely operated watercraft used for various applications, including surveillance, transportation, and research.

The Unmanned Maritime Systems Market is experiencing significant growth, fueled by the Rising demand for unmanned maritime systems from defense sector. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Unmanned Maritime Systems Market Research Analysis

Unmanned maritime systems, including Autonomous Underwater Vehicles (AUVs) and Unmanned Surface Vehicles (USVs), are gaining significant attention in the global market due to their autonomous capabilities and applications in various sectors. These systems are increasingly being used for maritime security, surveillance, and defense in Exclusive Economic Zones (EEZs) and international waters. The demand for unmanned vehicles is driven by the need for enhanced security against international terrorism, piracy, smuggling, illegal immigration, and fisheries protection. Surface warships are being complemented with unmanned sea systems for remote recharge capabilities and extended surveillance missions. Key players in the market include defense budget holders, manufacturing delays, payload suppliers, and service providers. Autonomous technologies are at the forefront of innovation, with naval agencies and international organizations investing heavily in these systems for national defense and maritime security. The market for unmanned maritime systems is expected to grow significantly in the coming years, with applications ranging from ports protection and international trade facilitation to fisheries management and environmental monitoring. The integration of autonomous technologies in maritime systems is set to revolutionize the way we secure our waters and protect national security.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!

Safe and Secure SSL Encrypted

Technavio

  • 2500 USD

[5 reports/month/user]

  • 5000 USD

close
  • Basic Plan [5000 USD/Year]:

    Single User
    Download 5 Reports/Month
    View 100 Reports/Month
    Add upto 3 Users at 625 USD/user

  • Teams Plan [7500 USD/Year]:

    5 User
    Download 5 Reports/Month/User
    View 100 Reports/Month/User
    Add upto 30 Users at 500 USD/user

*You can upgrade to Teams plan at Subscription page

close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization).
    Complimentary Customization Included

*For Enterprise license, go to checkout page

Technavio Get the report (PDF) sent to your email within minutes.