Unmanned Surface Vehicle Market Growth, Size, Trends, Demand, Share and Future Outlook
Unmanned Surface Vehicle Market Size- By Size, By Application, By Mode of Operation- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: AMIN24119 | Pages: 1 - 232 | Formats*: |
| Category : Automotive & Transportation | |||
Unmanned Surface Vehicle Market Introduction and Overview
According to SPER Market Research, the Global Unmanned Surface Vehicle Market is estimated to reach USD 1.98 billion by 2033 with a CAGR of 10.51%.
The report includes an in-depth analysis of the Global Unmanned Surface Vehicle Market, including market size and trends, product mix, applications, and supplier analysis. Unmanned surface vehicles, or USVs, are boats built to operate on the water's surface without the need for human operators. These vehicles may function independently or can be remotely controlled from a shore-based station or another vessel thanks to their array of sensors, navigation systems, and communication devices. USVs are available in a variety of forms and sizes, from small, agile boats to bigger ships. Their expanding importance in a variety of domains is due to their economical and effective functioning in a range of marine and nautical applications. Improved commercial activities at sea, improved maritime security, and the advancement of marine science are all made possible by USVs.
- March 2022: Kongsberg Maritime is happy to announce the release date of the EM 712 USV, a new multibeam echosounder designed for use with unmanned surface vehicles (USV), which is set for March 2022. The newest member of KM's industry-leading EM 712 series of multibeam echosounders for seabed mapping applications in shallow to medium water.
- Feb 2022: The DE&S Mine Hunting Capability (MHC) Team and ATLAS Elektronik UK signed a contract in February 2022 for the delivery of the ARCIMS unmanned surface vessel mine hunting system to the UK Royal Navy.
Market Opportunities and Challenges
Investigation and exploration in the maritime domain a compelling way to further our understanding of and study of the oceans is through Maritime Research and study. In distant or dangerous marine situations, USVs provide an effective and economical way to collect data. For applications including underwater mapping, environmental monitoring, and oceanographic surveys, these vehicles can be fitted with a variety of sensors and instrumentation. Sustained data gathering missions are made possible by USVs' increasing ability to operate for extended periods of time without human interference thanks to developments in autonomy and navigation technology. This emerging field not only advances our knowledge of marine environments and resources, but it also makes maritime activities safer and more environmentally friendly.
Man-made vessel competition: The established presence and confidence of human vessels in maritime operations creates a danger of competition for unmanned surface vehicles (USVs), potentially overshadowing the technology that is still in its infancy. Manned vessels may provide some services or skills that unmanned surface vehicles (USVs) cannot match, such as human decision-making and flexibility in challenging circumstances. Furthermore, the infrastructure and laws that are in place could favor human vessels, which would hinder the general adoption of USVs.
Market Competitive Landscape
A few numbers of very large companies dominate the worldwide market for Unmanned Surface Vehicle and have a strong regional presence. These top businesses actively participate in strategic growth activities. Several notable entities in the worldwide Liquid Robotics, Kangsberg Maritime AS, L3Harris Technologies, Inc., ECA Group, Atlas Elektronik GmbH, ELBIT SYSTEMS LTD., SeaRobotics Corp., Teledyne Technologies Incorporated, Israel Aerospace Industries, Maritime Robotics.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Size, By Application, By Mode of Operation |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Liquid Robotics, Kangsberg Maritime AS, L3Harris Technologies,Inc., ECA Group, Atlas Elektronik GmbH, ELBIT SYSTEMS LTD., SeaRobotics Corp., Teledyne Technologies Incorporated, Israel Aerospace Industries, Maritime Robotics. |
COVID-19 Impact on Global Unmanned Surface Vehicle Market
The COVID-19 epidemic had a major effect on the unmanned surface vehicle (USV) sector by impeding project deployments, delaying manufacture, and upsetting supply chains. The crisis did, however, also bring to light the significance of autonomous technology in a number of fields, such as offshore energy operations, environmental monitoring, and maritime surveillance. Unmanned systems adoption was further expedited by the requirement for contactless operations and remote monitoring, which encouraged investment and innovation in the USV sector. The long-term picture for USVs is still favorable despite early difficulties; projections indicate further expansion.
Key Target Audience:
- Fisheries and Aquaculture
- Oil and Gas Sector
- Government and Military Agencies
- Maritime Industry
- Research and Academia
- Technology Providers and Manufactures
- Regulatory Agencies
- Environmental Agencies
- Media and Communication
Our in-depth analysis of the Unmanned Surface Vehicle Market includes the following segments:
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Key Topics Covered in the Report:
- Global Unmanned Surface Vehicle Market Size (FY’2024-FY’2033)
- Overview of Global Unmanned Surface Vehicle Market
- Segmentation of Global Unmanned Surface Vehicle Market By Size (Less than 11 Meters, 11-26 Meters, More than 26 Meters).
- Segmentation of Global Unmanned Surface Vehicle Market By Application (Defense, Commercial).
- Segmentation of Global Unmanned Surface Vehicle Market By Mode of Operation (Autonomous Surface Vehicle, Remotely Operated Surface Vehicle)
- Statistical Snap of Global Unmanned Surface Vehicle Market
- Expansion Analysis of Global Unmanned Surface Vehicle Market
- Problems and Obstacles in Global Unmanned Surface Vehicle Market
- Competitive Landscape in the Global Unmanned Surface Vehicle Market
- Impact of COVID-19 and Demonetization on Global Unmanned Surface Vehicle Market
- Details on Current Investment in Global Unmanned Surface Vehicle Market
- Competitive Analysis of Global Unmanned Surface Vehicle Market
- Prominent Players in the Global Unmanned Surface Vehicle Market
- SWOT Analysis of Global Unmanned Surface Vehicle Market
- Global Unmanned Surface Vehicle Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Unmanned Surface Vehicle Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Unmanned Surface Vehicle Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Unmanned Surface Vehicle Market
7. Global Unmanned Surface Vehicle Market, By Size (USD Million)
7.1. Global Unmanned Surface Vehicle Market Value Share and Forecast, By Size, 2024-20337.2. Less Than 11 Meters7.3. 11-26 Meters7.4. More than 26 Meters
8. Global Unmanned Surface Vehicle Market, By Application (USD Million)
8.1. Global Unmanned Surface Vehicle Market Value Share and Forecast, By Application, 2024-20338.2. Defense8.3. Commercial
9. Global Unmanned Surface Vehicle Market, By Mode of Operation (USD Million)
9.1. Global Unmanned Surface Vehicle Market Value Share and Forecast, By Mode of Operation, 2024-20339.2. Autonomous Surface Vehicle9.3. Remotely Operated Surface Vehicle
10. Global Unmanned Surface Vehicle Market Forecast, 2020-2033 (USD Million)
10.1. Global Unmanned Surface Vehicle Market Size and Market Share
11. Global Unmanned Surface Vehicle Market, By Size 2020-2033 (USD Million)
11.1. Global Unmanned Surface Vehicle Market Size and Market Share By Size (2020-2026)11.2. Global Unmanned Surface Vehicle Market Size and Market Share By Size (2027-2033)
12. Global Unmanned Surface Vehicle Market, By Application 2020-2033 (USD Million)
12.1. Global Unmanned Surface Vehicle Market Size and Market Share By Application (2020-2026)12.2. Global Unmanned Surface Vehicle Market Size and Market Share By Application (2027-2033)
13. Global Unmanned Surface Vehicle Market, By Mode of Operation, 2020-2033 (USD Million)
13.1. Global Unmanned Surface Vehicle Market Size and Market Share By Mode of Operation (2020-2026)13.2. Global Unmanned Surface Vehicle Market Size and Market Share By Mode of Operation (2027-2033)
14. Global Unmanned Surface Vehicle Market, By Region, 2020-2033 (USD Million)
14.1. Global Unmanned Surface Vehicle Market Size and Market Share By Region (2020-2026)14.2. Global Unmanned Surface Vehicle Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific14.4. Europe14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe14.5. Middle East and Africa14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa14.6. North America14.6.1. Canada14.6.2. Mexico14.6.3. United States14.7. Latin America14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Liquid Robotics15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments15.2. Kangsberg Maritime AS15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments15.3. L3Harris Technologies,Inc.15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments15.4. ECA Group15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments15.5. Atlas Elektronik GmbH15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments15.6. ELBIT SYSTEMS LTD.,15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments15.7. SeaRobotics Corp.,15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments15.8. Teledyne Technologies Incorporated15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments15.9. Israel Aerospace Industries15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments15.10. Maritime Robotics15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments15.11. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Unmanned Surface Vehicle Market CAGR of 10.51% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Unmanned Surface Vehicle Market size is USD 1.98 billion from 2024 to 2033.
Unmanned Surface Vehicle Market Segment is covered By Size, By Application, By Mode of Operation.
The North America is anticipated to have the highest Market share in the Unmanned Surface Vehicle Market.
The key players in the Market include Companies Covered Liquid Robotics, Kangsberg Maritime AS, L3Harris Technologies,Inc., ECA Group, Atlas Elektronik GmbH, ELBIT SYSTEMS LTD., SeaRobotics Corp., Teledyne Technologies Incorporated.
Unmanned surface vehicles, or USVs, are boats built to operate on the water's surface without the need for human operators.
Unmanned Surface Vehicle Market is projected to reach USD 1.98 billion by 2033, growing at a CAGR of 10.51% during the forecast period.
Unmanned Surface Vehicle Market grew in Market size from 2022. The Market is expected to reach USD 1.98 billion by 2033, at a CAGR of 10.51% during the forecast period.
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