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Wednesday, May 06, 2015

Unmanned sea systems market entering turbulent waters

Seehecht DM-2-A4Unmanned naval surface and underwater system production is slated to be mixed during the next 10 years, with Forecast International expecting manufacturers to produce some 29 550 units through 2024. The value of this market over the next decade is $15.4 billion.

Among the major segments of this market are torpedoes, unmanned underwater vehicles (UUVs) and unmanned surface vessels (USVs). The latter two system types may be used as naval targets, or to perform offshore patrol duties and mineclearing.

"Sales of torpedoes will account for more than half of this market's value, but the unmanned vehicle segments are growing rapidly," said Larry Dickerson, Forecast International's senior unmanned systems analyst.

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