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The global unmanned underwater vehicles market is estimated to reach $10.32 billion by 2034, with a CAGR of 8.9%. The market is led by Kongsberg Maritime, The Boeing Company, Saab AB, Oceaneering International, and Lockheed Martin. The remotely operated vehicles segment accounted for the largest share in 2024, while the small vehicles segment is expected to be the fastest-growing segment in the market. The electric systems segment is also expected to grow the fastest in the propulsion system segment. The sensors segment was the largest in the payload segment, and the defense market was the largest application segment in 2024.

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