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Global Military Unmanned Maritime Systems Market

  • August 2014
  • -
  • Frost & Sullivan
  • -
  • 87 pages

Market is Poised for Substantial Growth After a Few More Years of Development and Testing

The global unmanned maritime systems (UMS) market is a relatively nascent market in which innovations are rapidly improving capabilities. Some of these innovations are being developed by companies in response to the large demand requirements from oil and gas companies. Military users are taking advantage of these innovations and adapting UMS capabilities for potential military missions. It is expected that the United States will dominate the global market for military UMS for the time being; however, just like the unmanned aerial system (UAS) market, countries with large militaries will increase spending on UMS once the technology is proven and cost effective.

Key Findings
-It is estimated that the global military unmanned maritime systems (UMS) market will almost double, from $ million in 2013 to $million by 2020. This is viewed as a best-case scenario as the market is still nascent with great growth potential.
-UMS growth for the forecast period will mainly be driven by research, development, test, and evaluation (RDT&E). Procurement will increase after the forecast period.
oMost UMS projects will be tested in limited capabilities demonstrations or during small unit operations. Once validated, new systems will be adapted for use on a larger scale.
oProcurement of substantial UMSs on a global basis will occur after the forecast period.
oCurrently, there seems to be more demand for UMSs from the commercial oil and gas industry than from global militaries. Therefore, many innovations are coming from commercial requirements and then being adapted for military use—the opposite of how technology development normally flows.
-The United States will dominate the global market for military UMSs during the forecast period, but just like the unmanned aerial systems (UAS) market, countries with large militaries will increase spending on UMSs once the technology is proven and cost effective. It is likely that procurement of UMSs will accelerate at the end of, and beyond, the forecast period.
-Outside North America, the Asia-Pacific region will spend the most on UMSs over the forecast period. This is mostly due to China’s continued military buildup in all areas and the rest of the region needing to develop asymmetric defenses to Chinese and North Korean military threats.
-The Middle East will have the largest compound annual growth rate (CAGR) over the forecast period. Countries in this region are cash-rich and will substantially increase defense budgets over the next several years to counter rising threats to high-value targets.
-It is estimated that the top UMS competitors generated % of market revenue in 2013. A large portion of the total UMS market will consist of defense spending on RDT&E grants/contracts to spark innovation and interest in the market.

Table Of Contents

Global Military Unmanned Maritime Systems Market
1. EXECUTIVE SUMMARY

Executive Summary
Key Findings
Market Engineering Measurements
CEO's Perspective

2. MARKET OVERVIEW

Market Overview
Market Definitions
Key Questions This Study Will Answer
Market Segmentation

3. DRIVERS AND RESTRAINTS—TOTAL MILITARY UMS MARKET

Drivers and Restraints—Total Military UMS Market
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained

4. FORECAST AND TRENDS—TOTAL MILITARY UMS MARKET

Forecast and Trends—Total Military UMS Market
Market Engineering Measurements
Market Engineering Measurements
Forecast Assumptions
Revenue Forecast
Percent Revenue Forecast by Region
Revenue Forecast by Region
Global Hot Spots

5. MARKET SHARE AND COMPETITIVE ANALYSIS— TOTAL MILITARY UMS MARKET

Market Share and Competitive Analysis— Total Military UMS Market
Market Share
Market Share Analysis
Competitive Environment
Top Competitors
Competitive Factors and Assessment

6. CEO'S 360 DEGREE PERSPECTIVEON THE MILITARY UMS INDUSTRY

CEO's 360 Degree Perspectiveon the Military UMS Industry
CEO's 360 Degree Perspective

7. AFRICA BREAKDOWN

Africa Breakdown
Africa Key Findings
Africa Revenue Forecast
Africa Revenue Forecast Discussion

8. ASIA-PACIFIC BREAKDOWN

Asia-Pacific Breakdown
Asia-Pacific Key Findings
Asia-Pacific Revenue Forecast
Asia-Pacific Revenue Forecast Discussion

9. EUROPE BREAKDOWN

Europe Breakdown
Europe Key Findings
Europe Revenue Forecast
European Revenue Forecast Discussion

10. THE MIDDLE EAST BREAKDOWN

The Middle East Breakdown
The Middle East Key Findings
The Middle East Revenue Forecast
The Middle East Revenue Forecast Discussion

11. NORTH AMERICA BREAKDOWN

North America Breakdown
North America Key Findings
North America Revenue Forecast
North America Revenue Forecast Discussion
US DoD Revenue Forecast—Program Funding
US DoD Percent Contract Breakdown by Segment
US DoD Market Share Analysis

12. SOUTH AMERICA BREAKDOWN

South America Breakdown
South America Key Findings
South America Revenue Forecast
South America Revenue Forecast Discussion

13. THE LAST WORD

The Last Word
The Last Word—3 Big Predictions
Legal Disclaimer

14. APPENDIX

Appendix
Market Engineering Methodology
Additional Sources of Information on the UMS Market
List of Other Companies
Partial List of Companies Interviewed
Learn More—Next Steps

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