WiseGuyReports.Com Publish a New Market Research Report On – “Unmanned Sea System 2017 Global Market - Drivers,Opportunities,Trends & Forecast to 2021”.

PUNE, INDIA, April 27, 2017 /EINPresswire.com/ --

The market research analyst estimates the growing demand for advanced autonomous sea systems to result in market growth during the period of 2016 to 2020. The augmented spending on military expansion and the increasing procurement of unmanned naval vessels by governments across the globe are expected to result in this market’s impressive CAGR of more than 6% by 2020.

This market research report estimates eminent factors, such as the growing use of COTS component, to drive market growth during the forecast period. The COTS component enables system reuse and reduces the time and cost required for developing unmanned sea systems. The ability of COTS components to provide a clear roadmap for the minimization of investment risks and the development of a product is expected to result in market growth during the forecast period.

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Geographical segmentation of the unmanned sea system market
Americas
APAC
EMEA

In this market study, analysts estimate the Americas to be the largest market for unmanned sea systems during the forecast period. Factors like the augmented procurement of unmanned sea systems by the US Navy and the increased spending on unmanned sea systems by agencies like DARPA are examples of some growth-promoting factors, which results in this region’s high market share of nearly 39% by 2019.

Competitive landscape and key vendors

This market is extremely competitive and is characterized by the presence of large vendors like Atlas, Elektronik and BAE Systems. The vendors in this market compete on the basis of product capability, design, and technology to gain maximum market prominence during the forecast period. The vendors that have the ability to produce highly capable and efficient unmanned sea systems at competitive costs are envisaged to gain a competitive edge over their rivals.
The top five leading vendors of the market include -
Atlas Elektronik
BAE Systems
General Dynamics
Mitsubishi Heavy Industries
Raytheon

The other prominent vendors analyzed in this market study are BaltRobotics, Bluefin Robotics, Boston Engineering Corporation, Gate Elektronik, Kongsberg, Lockheed Martin, Ocean Aero, Palmarii Dynamics, Saab, and Teledyne Technologies.
Growth drivers, challenges, and upcoming trends - Unmanned sea systems

Upcoming trends like the augmented use of advanced on-board electronics systems are rapidly gaining popularity due to their extensive real-time applications. Recently, it has been observed that the military is increasingly utilizing on-board electronic systems for unmanned sea systems as it helps them to carry out surveillance and reconnaissance activities at sea. Additionally, it also helps in the development of fully autonomous unmanned sea systems that can operate remotely and provide critical intelligence and/or attack capabilities.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the unmanned sea system market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

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Key questions answered in the report

What are the key factors driving the unmanned sea system market in the defense industry?
What are the key market trends impacting the growth of the unmanned sea system market in the defense industry?
What are the various opportunities and threats faced by the unmanned sea system market in the defense industry?
Trending factors influencing the market shares for EMEA, APAC, and Americas?
A key outcome of the five forces analysis on the unmanned sea system market in the defense industry?
Growth forecast of the unmanned sea system market in the defense industry until 2020?
Technavio also offers customization on reports based on specific client requirement.

Table Of Contents – Major Key Points

PART 01: Executive summary
Highlights

PART 02: Scope of the report
Market overview
Top vendor offerings

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights

PART 05: Market landscape
Market size and forecast
Five forces analysis

PART 06: Aerospace and defense value chain system

PART 07: Geographical segmentation
Segmentation of global unmanned sea system market by geography
Unmanned sea system market in Americas
Unmanned sea system market in EMEA
Unmanned sea system market in APAC

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
Competitive scenario
Other prominent vendors

PART 14: Key vendor analysis
Atlas Elektronik
BAE Systems
GD
Mitsubishi Heavy Industries Marine Machinery & Engine
Raytheon

Continued…….

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