![]() GlobalData’s latest report, ‘Thematic Intelligence: Unmanned Maritime Vehicles,’ highlights the projected expansion of the UMV market over the next decade, forecasting growth in the unmanned surface vehicle (USV) market from $894 million in 2023 to over $2.1 billion in 2033, while expenditures in the UUVs market are expected to increase from $379 million in 2023 to $965 million in 2033.Īidan Knight, Analyst, Aerospace, Defense & Security team at GlobalData, comments: “Growing investment in the UMV field has been partially spurred by recent developments in Ukraine, as its navy employed armed USV swarms to inflict significant damage against Russian warships and naval infrastructure. Against this backdrop, the size of the UMV market is forecast to reach over $3.1 billion by 2033, a projected increase of over $1.9 billion driven by a growing number of applications for littoral warfare, according to GlobalData, a leading data and analytics company. Developments in Ukraine have shown the world that unmanned maritime platforms can effectively operate hundreds of miles away from their home ports. Unmanned maritime vehicles (UMVs) are expected to play a significant role in future naval warfare.
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