Albany – NY, Oct. 20, 2015 (GLOBE NEWSWIRE) — A UUV is a small submarine and is used for different underwater tasks. This vehicle is classified into two categories: remotely operated and autonomous. Remotely operated UUV is controlled by cables, whereas autonomous UUV is operated independently through human input. Remotely operated UUV is divided into two classes: work-class and eyeball. Work-class remotely operated UUV is heavy and large and has the capability of lifting large equipment. Eyeball remotely operated UUV is small in size and used for scientific exploration, inspection, observation, and rescue. Autonomous UUV is programmed to gather oceanographic data.
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Global UUV market to grow at a CAGR of 20.65% over the period 2014-2019. The report includes the present scenario and the growth prospects of the global UUV market for the period 2015-2019. The market can be segmented into two: remotely operated UUV and autonomous UUV. These types are further segmented based on the areas of application, such as defense, scientific research, and commercial applications.
Global UUV Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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Key market driver
Growing number of offshore construction
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Key market challenge
Operating complexities
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Key market trend
Introduction of hybrid remotely operated UUV
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Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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