How big is the Unmanned Sea Systems Market?

The Unmanned Sea Systems Market size is expected to reach USD 2.30 billion in 2024 and grow at a CAGR of 13.78% to reach USD 4.38 billion by 2029. Read More

What is the current Unmanned Sea Systems Market size?

In 2024, the Unmanned Sea Systems Market size is expected to reach USD 2.30 billion. Read More

Who are the key players in Unmanned Sea Systems Market?

General Dynamics Corporation, Teledyne Technologies Incorporated, Kongsberg Gruppen ASA, thyssenkrupp AG and BAE Systems plc are the major companies operating in the Unmanned Sea Systems Market. Read More

Which is the fastest growing region in Unmanned Sea Systems Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Unmanned Sea Systems Market?

In 2024, the North America accounts for the largest market share in Unmanned Sea Systems Market. Read More

What years does this Unmanned Sea Systems Market cover, and what was the market size in 2023?

In 2023, the Unmanned Sea Systems Market size was estimated at USD 2.02 billion. The report covers the Unmanned Sea Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Unmanned Sea Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Unmanned Sea System Market Analysis | Industry Forecast, Size & Report

Unmanned Sea System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Unmanned Sea System Market is Segmented by Type (Unmanned Underwater Vehicles (UUV) and Unmanned Surface Vehicles (USV)), Capability (Remotely Operated Vehicles and Autonomous Vehicles), Application (Military, Commercial, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Report Offers Market Size and Forecast for All The Above Segments In Value (USD).

Unmanned Sea System Industry Overview

The unmanned sea systems market is semi-consolidated in nature with a presence of few players holding significant shares in the market. Some of the key players in the market are General Dynamics Corporation, Teledyne Technologies Incorporated, BAE Systems plc, thyssenkrupp AG, and Kongsberg Gruppen ASA. Various companies have been collaborating on the development of autonomous features, as well as sophisticated acoustic and imaging sensors (like cameras, radar, sonar, and GPS), to decrease the pilot involvement operation of the systems in complex, variable, and communications-limited environments.

Also, major international shipbuilding and technology companies have been investing in acquiring stakes in UUV/USV manufacturers to enter the market studied. For instance, in July 2023, Garden Reach Shipbuilders and Engineers (GRSE), an Indian state-owned shipyard, launched Neerakshi, an autonomous underwater vehicle (AUV).