Unmanned Underwater Vehicles Market

The unmanned underwater vehicles market is valued at USD 4.8 billion in 2024 and is projected to reach USD 11.1 billion by 2030, at a CAGR of 15.0% from 2024 to 2030. The market growth is driven by increasing investment in deployment of UUVs for various commercial and defense applications. Prominent companies in this industry are primarily located in Europe, Asia Pacific and North America. Kongsberg (Norway), Saab AB (Sweden), Oceaneering International, Inc. (US), Boeing (US), and Fugro (Netherlands) are recognized as key players in the unmanned underwater vehicles market. Key players in unmanned underwater vehicles market are investing heavily in developing advanced UUVs for various underwater applications. They are also focusing on partnerships and collaborations to expand their market presence and offer comprehensive solutions.

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Major Unmanned Underwater Vehicles companies include:

• Kongsberg (Norway)
• Saab AB (Sweden)
• Boeing (US)
• Oceaneering International, Inc. (US)
• Fugro (Netherlands).

KONGSBERG  (NORWAY)

Kongsberg is a leading technology corporation delivering mission-critical solutions. The company operates through Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other Activities segments. The major subsidiaries of Kongsberg are Kongsberg Defence & Aerospace, Kongsberg Maritime, and Kongsberg Next. Kongsberg, along with its subsidiaries, offers high-technology systems to the shipping, oil & gas, and aerospace & defense industries. It is one of the prime manufacturers of marine technology products. Kongsberg Maritime has a broader product portfolio which includes ROVs and AUVs for various commercial and defense applications.

SAAB AB (SWEDEN)

Saab AB is one of the leading global technology company engaged in the development and deployment of innovative solutions and products as per the needs of its clients. It is one of the leading defense and security companies providing products, services, and solutions for military and civil security. The Dynamics segment offers a market-leading product portfolio comprising ground combat weapons, missile systems, torpedoes, UUVs, and other solutions. Saab AB focuses on five core areas: Fighter Systems, Advanced Weapon Systems, Sensors, Command and Control Systems, and Underwater Systems. It is a leading provider of naval systems, primarily to the Swedish Navy. The company offers Sabertooth UUV, which has advanced AUV functionality, deep water capability, and a long excursion range. Sabertooth also has six degrees of freedom and fully autonomous navigation.

OCEANEERING INTERNATIONAL INC. (US)

Oceaneering International Inc. is a US-based multinational engineering company engaged in the design, manufacturing, and distribution of unmanned marine systems. The company provides Unmanned Underwater Vehicles (UUVs) for many commercial areas, such as offshore drilling, survey & seabed mapping, pipeline/cabling/inspection, and communication under its Subsea Robotics business segment. The company is one of the world’s largest manufacturers of ROVs (Remote Operated Vehicles) and offers commercial autonomous underwater vehicle (AUV) surveys to the offshore oil and gas industry. The company offers Freedom AUV, which is one of the most advanced, resident-capable underwater solutions. The company has been focusing on new agreements and contracts as a strategy to increase its product offerings and market share.

Boeing (US)

Boeing offers products and services for the aerospace & defense market. The company is a global leader in defense technologies and complete lifecycle solutions for the aerospace market. They are the leading suppliers of Unmanned Underwater Vehicles for US Navy. The company also serves the maritime industry with its electronics and unmanned systems. The company operates through three business segments: Commercial Airplanes, Defense, Space & Security, and Global Services. The company mostly serves the US military with its defense, space, and security products, including its Large AUVs, Echo Voyager and Echo Seeker. The Boeing Echo Voyager is a fully autonomous, extra-large UUV (XLUUV) that can operate in clear and congested waters without physical human contact. The company also offers Orca, an XLUUV designated by the US Navy as “Orca.” The Orca is capable of autonomous operation on missions for up to several months. It can achieve undersea maritime dominance in changing environments and contested waters.

FUGRO (NETHERLANDS)

Fugro is a provider of geotechnical, geo-consultancy, survey, subsea, and geoscience services. The company offers geological and environmental data that is collected, analyzed, and processed to help in the overall construction of engineering projects and buildings. It also provides insights into the feasibility of constructing large structures and buildings by undertaking geological surveys, both onshore and offshore. Fugro specializes in remote and autonomous solutions, including unmanned underwater vehicles (UUVs). The company is a market leader in seabed geophysical, offshore survey, and offshore geotechnical services. It caters to varied verticals such as oil & gas, mining, infrastructure, and power industries.

Related Reports:

Unmanned Underwater Vehicles Market by Type (Autonomous Underwater Vehicles (AUVs), Remotely Operated Vehicles (ROVs)), Product Type), Propulsion, Application, System, Speed, Shape, Depth and Region - Global Forecast to 2030

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