According to Stratistics MRC, the Global Unmanned Sea Systems Market is accounted for $1,334.70 million in 2020 and is expected to reach $5,815.93 million by 2028 growing at a CAGR of 20.2% during the forecast period. Increasing adoption in underwater application, increasing investment and use of 3D printing and composite materials are driving the market growth. However, uncertainty of network and communication system is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period owing to growing mining activities and increased demand for underwater vehicles by mining industries. Moreover, China and Indian economies have increased their defense budgets, and are expanding their naval systems to strengthen their defense capability.
Some of the key players profiled in the Unmanned Sea Systems Market include Balt Robotics, Boston Engineering Corporation, BAE Systems, General Dynamics, Raytheon, Mitsubishi Heavy Industries, Lockheed Martin, Atlas Electronik, Thales, L3Harris Technologies Inc. and Saab AB.
Types Covered:
• Unmanned Surface Vehicle
• Unmanned Underwater Vehicle
Capabilities Covered:
• Autonomous Vehicle
• Remotely Operated Vehicle
Systems Covered:
• Communication System
• Collision Avoidance System
• Propulsion System
• Sensors
• Chassis
• Navigation System
• Payloads
Applications Covered:
• Commercial
• Scientific Research
• Military and Defense
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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