Unmanned Marine Vehicle Market Outlook 2024: Key Industry News & Emerging Trends
The unmanned marine vehicle (UMV) market encompasses a variety of technologies, including unmanned surface vehicles (USVs) and unmanned underwater vehicles (UUVs). The market’s expansion is supported by increasing investments from defense budgets globally as nations seek to bolster their naval capabilities.Â
| Unmanned Marine Vehicle Market Statistics (2024) | Predictions and Insights | Source |
|---|---|---|
| 1. The US Marine Corps budget for 2023-24 is 53.2 billion USD. | The Marine Corps is progressing in integrating more technologically advanced systems that support distributed maritime operations, leveraging unmanned and artificial intelligence technologies in defense. | Contact us to view the source. |
| 2. In 2023, the us exported vessels and warships worth 52.74 million USD. | The strategic push toward unmanned marine vehicles reflects a broader shift in maritime operations, emphasizing the role of autonomous technologies in enhancing operational capabilities and safety. | Contact us to view the source. |
| 3. China exported warships worth 365.2 million USD in the financial year 2023. | China’s significant exports of warships underscore a growing global trend of integrating unmanned marine vehicles to enhance naval capabilities and extend the operational reach of maritime forces. | Contact us to view the source. |
| 4. China’s defense budget 2024 is worth 231.36 billion USD, a 7.2 percent increase from the previous year. | This includes significant investments in unmanned marine vehicles to bolster maritime autonomy and enhance naval capabilities. | Contact us to view the source. |
Unmanned Marine Vehicle Market – Key Takeaways
The future of the unmanned marine vehicle market looks promising with continued technological advancements and expanding use cases. As the capabilities of UMVs expand, they are expected to play a pivotal role in changing the dynamics of maritime operations.