About Unmanned Marine Vehicles (UMV)
Unmanned marine vehicles are being utilized to expedite the delivery of food, first aid, and other essential necessities to flood victims. The load-carrying unit, on which the weight to be transported should be put, is the vehicle's most fundamental component. The motor unit is connected to the weight carrying unit. This unit contains four motors that drive the propellers that move the vehicle forward. The motor driver is connected to the 12 V battery, which is then connected to the propellers. The direction of motion will be controlled by the HC -05 Bluetooth module. This assists the vehicle in moving in a specific direction. The operator can steer the vehicle with the help of the ESP 32 camera module mounted on the vehicle.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Unmanned Marine Vehicles (UMV) market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BAE Systems (United Kingdom), Lockheed Martin (United States), Northrop Grumman (United States), Kongsberg Maritime (Norway), QinetiQ (United Kingdom), Allen-Vanguard (Canada), Bluefin Robotics (United States) and SeaRobotics (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Unmanned Marine Vehicles (UMV) market by Type (Autonomous Underwater Vehicles, Remotely Operated Vehicles and Semi-Submersibles And Unmanned Surface Craft), Application (Military Application and Civil Application) and Region.
On the basis of geography, the market of Unmanned Marine Vehicles (UMV) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Unmanned Marine Vehicles (UMV) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Increasing Investment In R&D To UMV Among Players
Market Growth Drivers:
Surge In Demand For Water Quality Monitoring Fuels The Growth
Challenges:
Stringent Regulatory Factors In UMV Manufacturing and Proper Raw Material Procurement For Cost Effective Solutions
Restraints:
High Energy Consumption and Extravagant Manufacturing And Operational Overheads
Opportunities:
Increasing Adoption In Applications Such As Military & Defense
Market Leaders and their expansionary development strategies
In May 2020, BAE Systems Inc., the US subsidiary of British defense contractor BAE Systems, acquired an unmanned underwater vehicle (UUV) manufacturer. Riptide Autonomous Solutions specializes in compact UUVs that are efficient, flexible, and offer greater depth, range, durability, and speed.
Key Target Audience
Unmanned Marine Vehicles (UMV), New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.