According to P&S Intelligence, the global unmanned underwater vehicles (UUVs) market is experiencing growth. The reasons behind the growth can be credited to the increasing defense expenditure of nations globally and the rising need for seafloor mapping data.

In the coming few years, the autonomous underwater vehicle category is all set to be the fastest-growing in the market, on the basis of type. Additionally, the category is projected to maintain its dominance in the future as well.

This can be credited to the extensive utilization of such platforms in the oil and gas sector in order to create detailed maps of the seafloor before constructing the subsea infrastructure. 

This makes the fixing of pipelines and systems simple and price-effective, with negligible destruction of the environment.

In the past few years, North America generated the largest revenue in the unmanned underwater vehicles market. This is mainly because of the increasing utilization of progressive underwater inspection methods and the growing requirement for maritime protection.

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Furthermore, the growing defense expenditure on enhanced unmanned military and navy machines has further contributed to the development of the regional industry. Furthermore, key stakeholders remain to concentrate on advancing the autonomous functions and growing the battery life of UUVs.

An extensive variety of vehicle types and applications, also the count of creative methods to fuel the efficiency of UUVs, have been advanced. Underwater communication, Battery technology, propulsion systems, and sensor fusion are all examples of workings that have endured technological improvements.

UUVs armed with cutting-edge technologies can perform underwater studies for almost two days because the operatives remain on the ground. For example, the underwater vehicle Hugin by Kongsberg Gruppen ASA can work for more than 100 hours because of its better battery technology. These improvements in the UUV technology can be observed as a key trend in the unmanned underwater vehicles industry.

UUVs play a vital role in naval warfare as they provide substantial standoff and clandestine abilities and have the capability to familiarize intelligently with the changes in tactical circumstances. Their onboard systems hold the capability of familiarizing according to the mission plan and identifying changes without the requirement for intervention by workers.

Therefore, the navy and other divisions of defense in numerous nations are joining private players to do research and development for next-generation UUVs. For example, in February 2021, the U.S. Defense Advanced Research Projects Agency (DARPA) choose three contractors for a UUV growth program, named the Manta Ray Project.