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0 0.00914944086750247 -0.000338868180277835 0.0166045408336158 0.0149101999322264 -0.000338868180278023 0.00643849542527942 0.0166045408336156
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Global Unmanned Underwater Vehicles Market to Take Deep Dive to Reach USD 24.28 billion by 2032: Astute Analytica [Yahoo! Finance]

Ocean Power Technologies, Inc. (OPTT) 
Company Research Source: Yahoo! Finance
Rapid innovations in autonomy, sensors, and subsea residency increase UUVs capabilities for longer, deeper missions. Industry partnerships drive advancements, focusing on ease of use and carbon-free solutions, solidifying demand in oil & gas, research, and defense sectors. New Delhi, March 14, 2024 (GLOBE NEWSWIRE) -- The global unmanned underwater vehicles market is projected to reach a valuation of US$ 24.28 billion by 2032, up from US$ 4.24 billion in 2023, at a CAGR of 21.40% during the forecast period 2024–2032. The Unmanned Underwater Vehicles (UUVs) market is experiencing significant growth driven by rapid technological advancements. These advancements have expanded the capabilities and potential applications for UUVs across industries. In line with this, they are increasingly being equipped with sophisticated sensors and instruments for collecting crucial data on bathymetry, water quality, and seafloor conditions. Apart from this, they often come equipped with navigation a Show less Read more
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