Rise in Demand from Defense & Commercial Sector Expected to Drive Asia-Pacific Unmanned Maritime Vehicles Market: Ken Research

Unmanned maritime vehicles or UMVs are robot vehicles that can operate under the water without use of any human being. These robot vehicles are self-driven vehicles and are generally utilized in various industries and in the military operations. These vehicles are armed with specific devices & sensors needed for the particular task. Asia-pacific unmanned maritime vehicles find its primary applications in defense & security, scientific research and commercial sectors. The defense & security sector is also segmented as Intelligence, Surveillance and Reconnaissance (ISR), search & rescue, Anti-Submarine Warfare (ASW), Mine Counter Measures (MCM), transportation, security and others.

As per analysis, “Asia Pacific Unmanned Maritime Vehicles (UMVs) Market 2020-2026 by Vehicle Type (UUVs, USVs), Application (Commercial, Scientific Research, Defense & Security), Propulsion System (Electric, Mechanical) and Country” the key companies operating in the Asia-Pacific Unmanned Maritime Vehicles (UMVs) market include Forum Energy Technologies, C-Innovation, i-Tech (Subsea 7), Liquid Robotics, Deep Trekker Inc, 5G International Inc., Boston Engineering, Atlas Elektronik GmbH, Fugro Subsea Services Ltd, BAE Systems plc, DOF Subsea AS, General Dynamics Mission Systems, Israel Aerospace Industries Ltd., ECA Group, Kongsberg Gruppen ASA, Lockheed Martin Corporation, Helix Energy Solutions, Kystdesign AS, Ocean Aero, Inc., Ocius Technology Ltd., SAAB SEAEYE LTD., International Submarine Engineering (ISE) Ltd., Oceaneering International, Inc., Rafael Advanced Defense Systems Ltd., Marine Tech SAS, Saipem (Sonsub), SAAB SEAEYE LTD., Soil Machine Dynamics Ltd (SMD), Schilling Robotics, LLC, Thales S.A., Textron Inc., SimpleUnmanned, LLC., Seebyte Ltd., Teledyne Technologies Inc. and among others. These renowned players incorporate various strategic initiatives such as partnership, expansion, acquisition, and product or technology launch in order to maintain their positions and to gain the competitive advantage in the regional market.

Rise in demand from defense & commercial sector, followed by oceanic surveillance for defense purposes and increase in maritime threats are some major factors, which are responsible for growth of the unmanned maritime vehicles market. Apart from this, high cost for equipment & maintenance issue is a major hindering factor for market. Furthermore, expansion & assimilation of progressive technologies in UMVs and increase in number of offshore oil & gas activities and development in Autonomous Underwater Vehicle (AUV) technologies are leading opportunities for market.

By country-wise analysis, the Asia-Pacific region is bifurcated into India, China, Australia, Japan and rest of the region. China country holds major share in regional unmanned maritime vehicles market owing to growth in adoption of technologies and increase in security concern from uncertain threats & attacks across the country. Additionally, various innovation & research centers are opened so as to undertake or develop the design of unmanned maritime vehicles. In addition, India and Japan are also adopting innovative technologies to develop the autonomous underwater vehicles that are operated remotely as the security concerns are enhancing to protect the borders from the external threats and also growing demand for oceanography & research. It is estimated that future of the Asia-Pacific unmanned maritime vehicles market will be bright as a result of growth in adoption of underwater unmanned vehicle by naval forces coupled with increase in usage of unmanned maritime vehicles for underwater mapping particularly for marine geo-science studies during the forecast period.

For More Information, click on the link below:-

Asia Pacific Unmanned Maritime Vehicles Market Research Report

Related Report:-

Global Unmanned Maritime Vehicles (UMVs) Market 2020-2026 by Vehicle Type (UUVs, USVs), Application (Commercial, Scientific Research, Defense & Security), Propulsion System (Electric, Mechanical) and Region

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com +91-9015378249

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