The global unmanned surface vehicle market revenue was around US$ 0.92 billion in 2022 and is estimated to reach US$ 2.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 11.5% during the forecast period from 2023 to 2032.

Unmanned surface vehicles (USVs) are water vessels prepared to navigate the surface of the water without human crews. These vehicles are developed with a variety of navigation systems, sensors, and communication devices, letting them function remotely or autonomously from a shore-based station or another vessel.

Factors Influencing Market Growth

- Naval forces and governments worldwide are increasingly looking to incorporate USVs into their fleets for tasks like mine countermeasures, anti-submarine warfare, coastal surveillance, and intelligence gathering. This increasing interest in military applications opens up substantial opportunities for the market.

- The burgeoning demand for effective disaster response capabilities and environmental monitoring is a driving force behind the rapid development of the unmanned surface vehicle (USV) market.

- The increasing emphasis on maritime security and safety, specifically in response to the growing environmental concerns and security threats, has stimulated an augmented demand for the market.

Impact of COVID-19

The impact of the COVID-19 pandemic had a significant influence on the global unmanned surface vehicle market due to the closure of manufacturing facilities in all sectors. After the pandemic, there has been a significant growth in the usage of USVs for ocean mapping. Solution providers and manufacturers are making several strategic conclusions to enhance their products in the post-COVID-19 environment. The participants are functioning on a variety of research and development projects to increase USV technology.

Regional Analysis

In 2022, North America dominated the global unmanned surface vehicles market in terms of revenue. This due to the rise in demand for maritime security and surveillance has been a force behind the adoption of USVs in the North America region. These remotely or autonomous functioned vessels are well-suited for monitoring and patrolling offshore and coastal areas, delivering improved situational awareness and cost-effective solutions.

Leading Companies

The leading prominent companies profiled in the global unmanned surface vehicle market are: -

- Atlas Elektronik GmbH
- ECA Group
- Elbit Systems Ltd.
- Israel Aerospace Industries
- Kongsberg Maritime
- L3Harris Technologies, Inc.
- Liquid Robotics
- Maritime Robotics
- SeaRobotics Corp
- Teledyne Technologies Incorporated.
- Other prominent key players

Segmentation Outline

The global unmanned surface vehicle market segmentation focuses on Size, Application, Mode of Operation, and Region.

Segmentation based on Size

- Less than 11 Meters
- 11 to 26 Meters
- More than 26 Meters

Segmentation based on Application

- Defense
- Commercial

Segmentation based on Mode of Operation

- Autonomous Surface Vehicle
- Remotely Operated Surface Vehicle

Segmentation based on Region

- North America
- The U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Singapore
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa