The Global Unmanned Sea Systems Market is expected to grow at a CAGR of 7.72% to reach $ X.XX billion by the year 2020. Unmanned sea systems can primarily be classified as Unmanned Underwater Vehicle (UUV) or Unmanned Surface Vehicles (USV). The USV operate on the water surface without a crew, whereas, UUV operate under the water and perform various functions including communications with other submerged platforms.
Unmanned Sea Systems are crucial component for naval operations, as they provide a great strategic and tactical advantage to the operators. Contemporary UUVs and USVs are capable of operating autonomously with minimum interference from the human controllers, which give the naval forces greater reach and operational capability. The autonomous capability of the UUVs and USVs is the major driver of the market. The autonomous sea systems as a result will see the highest growth rate in the forecast period. The unmanned sea systems market has also benefitted from commercial off the shelf components (COTS). They reduce the development time, cost and enables system reuse.
Along with the North American region, Asia Pacific is expected to be the fastest growing region in the forecast period. The growth in Asia Pacific region will be primarily propelled by the need to counter the growing threat and dominance of China and North Korea. China has been staking new boundary claims which have encroached on the territorial claims of countries such as Japan, India, Philippines, Vietnam and Indonesia. Of late, Japan and India have started building state of the art military and naval assets, which has given a big boost to the unmanned sea systems market.
Raytheon, BAE Systems, and Atlas Elektronik are some of the key players in the global unmanned sea systems Market. The market has been segmented by Type (UUV, USV), by Capability (Remotely Operated Vehicle, Autonomous Vehicle) and by Geography (North America, South America, Europe, Middle East & Africa and Asia Pacific).
Some Major Points from Table of content:
- EXECUTIVE SUMMARY
- MARKET OVERVIEW AND TRENDS
3.2 Market Trends
3.3 Porters Five Force Framework
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Competitve rivalry within the Industry
- MARKET DYNAMICS
- GLOBAL UNMANNED SEA SYSTEMS MARKET, SEGMENTED BY TYPE
- GLOBAL UNMANNED SEA SYSTEMS MARKET, SEGMENTED BY CAPABILITY
6.1 Remotely Operated Vehicle
6.2 Autonomous Vehicle
- GLOBAL UNMANNED SEA SYSTEMS MARKET, SEGMENTED BY GEOGRAPHY
7.1 North America
7.1.1 United States
7.2 South America
7.3 Asia Pacific
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