sales@reportocean.com (Bussiness Sales)
+18882123539 (Us - Toll Free)
+919997112116 (Rest Of World)
Global Unmanned Surface Vehicles Market Size study & Forecast, by Size, by Application, by Mode of Operation and Regional Analysis, 2023-2030

Global Unmanned Surface Vehicles Market Size study & Forecast, by...

Home / Categories / Aerospace and Defence
Global Unmanned Surface Vehicles Market Size study & Forecast, by Size, by Application, by Mode of Operation and Regional Analysis, 2023-2030
Global Unmanned Surface Vehicles Market...
Report Code
RO2/103/1212

Publish Date
03/Apr/2024

Pages
200
PRICE
$ 4250/-
This is a single user license, allowing one specific user access to the product. The product is a PDF.
$ 4950/-
This is a 1-5 user license, allowing up to five users have access to the product. The product is a PDF.
$ 5650/-
This is an enterprise license, allowing all employees within your organization access to the product. The product is a PDF..
Global Unmanned Surface Vehicles Market is valued at approximately USD 0.92 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 11.5% during the forecast period 2023-2030. Unmanned Surface Vehicles (USVs) are autonomous or remotely operated watercraft that operate on the surface of the water without a human crew on board. These vehicles are designed for various applications, ranging from scientific research and environmental monitoring to defense and commercial purposes. The key factors driving the market growth are increasing demand for maritime security, rising focus on ocean exploration, growing demand for water quality monitoring and ocean data mapping, and growing use of unmanned surface vehicles for defense missions that are anticipated to create the lucrative demand for the market during the forecast period 2023-2030.

Additionally, the growing demand for water quality monitoring and ocean data mapping is a significant driver for the increased adoption and growth of the Unmanned Surface Vehicles (USVs) Market. For instance, in 2021, A/S Norske Shell is actively engaged in a comprehensive seabed monitoring initiative for the Ormen Lange gas field off Norway's coast, utilizing cutting-edge Fetch Pressure Monitoring Transponders (PMTs). Deployed at depths of 800 to 1,100 meters, these transponders enable continuous assessment of critical underwater conditions. The long-term monitoring campaign, facilitated by Sonardyne International Limited using the XOCEAN XO-450 Unmanned Surface Vehicle (USV), ensures informed decision-making and optimal operational efficiency for the gas field. The USV, transported to Norway via cargo ship, was deployed by marine operations service provider SafePath AS, supporting Shell's commitment to maintaining a robust monitoring system. Moreover, the advancements in naval technologies and the rise in defense budgets for USVs are anticipated to create the lucrative opportunities for the market. However, the availability of low-cost substitutes and interoperability issues between USVs and existing maritime systems stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Unmanned Surface Vehicles Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the growing defense and security investments, presence of key market players, and growing interest in the commercial use of USVs for various applications such as offshore oil and gas exploration, fisheries management, hydrographic surveying, and environmental monitoring. Whereas, the Asia Pacific is expected to grow at the fastest growth rate over the forecast period, owing to factors such as the rising demand for oceanographic research, growing commercial applications, and government initiatives and support.

Major market player included in this report are:
Teledyne Technologies Incorporated
L3Harris Technologies, Inc.
SeaRobotics Corp.
Liquid Robotics
Kongsberg Maritime AS
Atlas Elektronik GmbH
Maritime Robotics
ECA Group.
Elbit Systems Ltd
Israel Aerospace Industries
Recent Developments in the Market:
In March 2022, Kongsberg Maritime is excited to introduce the EM 712 USV, a cutting-edge multibeam echosounder designed specifically for Unmanned Surface Vehicles (USV). This innovative addition enhances KM's renowned EM 712 family, known for its excellence in shallow- to medium-water multibeam echosounders tailored for seabed mapping applications.
Global Unmanned Surface Vehicles Market Report Scope:
Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Size, Application, Mode of Operation, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Size:
Less than 11 Meters
11 to 26 Meters
More than 26 Meters
By Application:
Defense
Commercial
By Mode of Operation:
Autonomous Surface Vehicle
Remotely Operated Surface Vehicle
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

OUR CLIENTS

500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, UNITED STATES
+18882123539
sales@reportocean.com