Chicago, IL -- (SBWIRE) -- 09/08/2017 -- The unmanned maritime vehicles systems are used in a wide range of military and commercial applications. In military, they are used during warfare and combat trainings whereas in commercial sector these vehicle systems are used in oil and gas studies, oceanography studies, and other environmental surveys. Defense agencies across the world are investing in development and modernizing initiatives of the defense systems which is creating scope for the market growth during the forecasted period. This report studies the current and future aspects of military unmanned maritime vehicles market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the military unmanned maritime vehicles market. The scope of this report covers the military unmanned maritime vehicles market by its major segments, which include the types, applications, and the major geographic regions.

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The military unmanned maritime vehicles market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia-Pacific region holds the highest market share and is the largest revenue contributor of the military unmanned maritime vehicles market. Rapid modernization of defense systems is leading to market growth. Advancement in defense technology is also promoting the market growth in this region. Countries like India and China are investing more on developing their defense systems, which is contributing towards the progress of military unmanned maritime vehicle market. Next in line is the Middle East and Africa region, which is witnessing rapid market growth due to increase in terrorist attacks and modernization of navies. Likewise, geo-political tensions in the Middle East and Africa region are also favoring the progress of the market.

MARKET SEGMENTATION

This report analyzes the military unmanned maritime vehicles market by the following segments:

Military Unmanned Maritime Vehicles Market, by Type

1. Autonomous Underwater Vehicle (AUV)
2. Unmanned Surface Vehicle (USV)
3. Remotely Operated Vehicle (ROV)

KEY MARKET PLAYERS

Key players in the military unmanned maritime vehicles market include:

1. Autonomous Surface Vehicles (ASV) Ltd
2. Atlas Elektronik
3. BAE Systems plc.
4. Bluefin Robotics Corporation
5. The Boeing Company
6. ECA Group
7. Kongsberg Gruppen ASA
8. Lockheed Martin Corporation
9. Oceaneering International
10. Rafael Advanced Defense Systems Ltd.

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