Global Unmanned Surface Vehicle (USV) Market Size, Trends and Growth Opportunity, By Type (Surface and Sub-Surface), Application (Defense, Commercial, Scientific Research, and Others), Endurance (100-500 Hours, <100 Hours, 500-1000 Hours, and >1000 Hours), Operation (Remote Operated Surface Vehicle and Autonomous Surface Vehicle), System (Propulsion, Chassis Material, Payload, Component, Software, and Communication), Hull Type (Catamaran (Twin Hulls), Kayak (Single Hull), Trimaran (Triple Hulls), and Rigid Inflatable Hull), Size (Medium (4 to 8 M), Small (Less than 4 M), Large (8 to 12 M), and Extra-Large (Above 12 M)) By Region and forecast till 2027.
Report ID : IR1001116 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 254
Global Unmanned Surface Vehicle (USV) Market Size, Trends and Growth Opportunity, By Type (Surface and Sub-Surface), Application (Defense, Commercial, Scientific Research, and Others), Endurance (100-500 Hours, <100 Hours, 500-1000 Hours, and >1000 Hours), Operation (Remote Operated Surface Vehicle and Autonomous Surface Vehicle), System (Propulsion, Chassis Material, Payload, Component, Software, and Communication), Hull Type (Catamaran (Twin Hulls), Kayak (Single Hull), Trimaran (Triple Hulls), and Rigid Inflatable Hull), Size (Medium (4 to 8 M), Small (Less than 4 M), Large (8 to 12 M), and Extra-Large (Above 12 M)) By Region and forecast till 2027.
Global Unmanned Surface Vehicle (USV) Market
Global Unmanned Surface Vehicle (USV) Market was valued at USD 767.29 Million in 2021 and is slated to reach at USD 1674.03 Million by 2027 at a CAGR of 13.19 % from 2022-2027.
The unmanned surface vehicle (USV) is a water-based craft that can function without the need for human operators to be present on board. They can either be pre-programmed to run independently or remotely controlled by an operator. It is primarily used for nautical and oceanographic purposes and is often powered by quickly rechargeable lithium-ion batteries. The unmanned surface vehicle has a number of benefits and can be employed for a variety of reasons, including military, search and rescue, and commercial and academic research. It is being more widely employed across a variety of business sectors, including aquaculture, and has a great deal of potential to be an effective tool for disaster management.
Market Drivers
Ocean contamination, or marine pollution, has increased throughout time. Moreover, around 75% of the Earth's surface is made up of water, of which 2.5% is fresh water and 97.5% is the ocean. Fresh water is becoming more and more necessary for drinking and other uses as a result of the population's rapid growth. The use of unmanned surface vehicles for naval operations has recently undergone a revolution. These vehicles have evolved from being tools for doing numerous jobs to being systems with a high degree of autonomy. Furthermore, due to differing plans developed by various military ministries, the majority of nations are currently dealing with asymmetric warfare.
Market Restraints
Wars were waged more than 50 years ago with a show of power as nations concentrated on full-scale assaults. Yet, as time went on and technology improved, numerous economies simultaneously grew and began to rely more on other elements, such as reconnaissance and surveillance. As a result, leaders around the world are now concentrating on improving autonomous surface vehicles (ASV). They may typically be used to detect underwater mines and traps and to accompany big vessels and battleships. Unmanned surface vehicles (USVs) are increasingly being used because to their numerous commercial, military, and research uses. These vehicles can operate autonomously and on their own, or they can be controlled by a driver who directs their path and manages their operation. The technological complexity of collision detection is a challenge for autonomous cars. The lack of a competent collision mechanism in the vehicle is acting as a key market restraint because these vehicles can collide with any other marine vehicle quite simply.
Impact of COVID-19
Due to the abrupt closure of manufacturing facilities in all sectors, COVID-19 had a severe effect on the unmanned surface vehicle (USV) market. The COVID-19 epidemic has had several adverse effects on the unmanned surface vehicle (USV) sector. After the pandemic, the use of USVs for ocean mapping has grown significantly. Also, significant sect oral expansion is anticipated in the near future. Several strategic choices are being made by manufacturers and solution providers to improve their products in the post-COVID-19 environment. The participants are engaged in a variety of research and development projects to further the unmanned surface vehicle's technology (USV). The businesses will do this to market cutting-edge technologies.
Recent Developments
ECA GROUP created Critical Design Review in October 2022 to advance autonomous robotic systems in the third generation MCM programmer. This product has assisted the business in enhancing its customer offers and diversifying its product line.
A brand-new unmanned surface vehicle (USV) and sounder USV System were introduced by KONGSBERG in April 2019. The sounder USV system is a flexible platform that was made to function in a variety of market niches, including surveys. This has aided the business in expanding its product line and market share.
Market Segmentation
Global Unmanned Surface Vehicle (USV) Market By Type, Application, Endurance, Operation, System, Hull Type, Size. By Type such as Surface and Sub-Surface. By Application such as Defense, Commercial, Scientific Research, and Others. By Endurance such as 100-500 Hours, <100 Hours, 500-1000 Hours, and >1000 Hours. By Operation such as Remote Operated Surface Vehicle and Autonomous Surface Vehicle. By System such as Propulsion, Chassis Material, Payload, Component, Software, and Communication. By Hull Type such as Catamaran (Twin Hulls), Kayak (Single Hull), Trimaran (Triple Hulls), and Rigid Inflatable Hull. By Size such as Medium (4 to 8 M), Small (Less than 4 M), Large (8 to 12 M), and Extra-Large (Above 12 M).
Regional Analysis
Global Unmanned Surface Vehicle (USV) Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America is anticipated to dominate the global unmanned surface vehicle (USV) market in 2023 as a result of the increasing use of infrastructure such bridges, water quality monitoring, and seabed mapping. As the home of numerous massive market participants in the unmanned surface vehicle (USV) market, the U.S. is predicted to dominate the region of North America. Due to increased investment in research and development efforts connected to autonomous vehicles, Germany is anticipated to dominate the region of Europe. Due to the rising need for big USVs for commercial and defense purposes such combat operations, cargo transportation, and others, China is predicted to dominate the Asia-Pacific area.
Key Players
This report includes a list of numerous Key Players, namely Elbit Systems Ltd., Rafael Advanced Defense Systems Ltd., Seafloor Systems, Inc., SeaRobotics Corporation, Saildrone Inc., Deep Ocean Engineering, Inc., Zhuhai Yunzhou Intelligent Technology Co., Ltd., Kongsberg Maritime, Tecnologies, Inc., Teledyne Technologies Incorporated.
Market Taxonomy
By Type
• Surface
• Sub-Surface
By Application
• Defense
• Commercial
• Scientific Research
• Others
By Endurance
• 100-500 Hours
• <100 Hours
• 500-1000 Hours
• >1000 Hours
By Operation
• Remote Operated Surface Vehicle
• Autonomous Surface Vehicle
By System
• Propulsion
• Chassis Material
• Payload
• Component
• Software
• Communication
By Hull Type
• Catamaran (Twin Hulls)
• Kayak (Single Hull)
• Trimaran (Triple Hulls)
• Rigid Inflatable Hull
By Size
• Medium (4 to 8 M)
• Small (Less than 4 M)
• Large (8 to 12 M)
• Extra-Large (Above 12 M)
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Unmanned Surface Vehicle (USV) Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Unmanned Surface Vehicle (USV) Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Unmanned Surface Vehicle (USV) Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
5.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Type
5.3.1 Surface
5.3.2 Sub-Surface
6 Global Unmanned Surface Vehicle (USV) Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Application
6.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
6.3.1 Defense
6.3.2 Commercial
6.3.3 Scientific Research
6.3.4 Others
7 Global Unmanned Surface Vehicle (USV) Market, By Endurance
7.1 Y-o-Y Growth Comparison, By Endurance
7.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Endurance
7.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
7.3.1 100-500 Hours
7.3.2 <100 Hours
7.3.3 500-1000 Hours
7.3.4 >1000 Hours
8 Global Unmanned Surface Vehicle (USV) Market, By Operation
8.1 Y-O-Y Growth Comparison, By Operation
8.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Operation
8.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
8.3.1 Remote Operated Surface Vehicle
8.3.2 Autonomous Surface Vehicle
9 Global Unmanned Surface Vehicle (USV) Market, By System
9.1 Y-O-Y Growth Comparison, By System
9.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By System
9.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
9.3.1 Propulsion
9.3.2 Chassis Material
9.3.3 Payload
9.3.4 Component
9.3.5 Software
9.3.6 Communication
10 Global Unmanned Surface Vehicle (USV) Market, By Hull Type
10.1 Y-O-Y Growth Comparison, By Hull Type
10.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Hull Type
10.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
10.3.1 Catamaran (Twin Hulls)
10.3.2 Kayak (Single Hull)
10.3.3 Trimaran (Triple Hulls)
10.3.4 Rigid Inflatable Hull
11 Global Unmanned Surface Vehicle (USV) Market, By Size
11.1 Y-O-Y Growth Comparison, By Size
11.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Size
11.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
11.3.1 Medium (4 to 8 M)
11.3.2 Small (Less than 4 M)
11.3.3 Large (8 to 12 M)
11.3.4 Extra-Large (Above 12 M)
12Global Unmanned Surface Vehicle (USV) Market, By Region
12.1 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Region
12.2 Global Unmanned Surface Vehicle (USV) Market Share Analysis, By Region
12.3 Global Unmanned Surface Vehicle (USV) Market Size and Forecast, By Region
13 North America Unmanned Surface Vehicle (USV) Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 North America Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
13.3 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
13.4 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
13.5 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
13.6 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
13.7 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
13.8North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
13.9 North America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Country
13.9.1 U.S.
13.9.2 Canada
13.9.3 Mexico
14EuropeUnmanned Surface Vehicle (USV) Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Europe Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
14.3 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
14.4 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
14.5 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
14.6 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
14.7 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
14.8 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
14.9 Europe Unmanned Surface Vehicle (USV) Market Size and Forecast, By Country
14.9.1 Germany
14.9.2 France
14.9.3 UK
14.9.4. Rest of Europe
15Asia Pacific Unmanned Surface Vehicle (USV) Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Asia Pacific Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
15.3 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
15.4 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
15.5 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
15.6 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
15.7 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
15.8 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
15.9 Asia Pacific Unmanned Surface Vehicle (USV) Market Size and Forecast, By Country
15.9.1 China
15.9.2 Japan
15.9.3 India
15.9.4. Rest of Asia Pacific
16Latin America Unmanned Surface Vehicle (USV) Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Latin America Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
16.3 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
16.4 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
16.5 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
16.6 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
16.7 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
16.8 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
16.9 Latin America Unmanned Surface Vehicle (USV) Market Size and Forecast, By Country
16.9.1. Brazil
16.9.2.Rest of Latin America
17Middle East Unmanned Surface Vehicle (USV) Market Analysis and Forecast (2022-2027)
17.1 Introduction
17.2 Middle East Unmanned Surface Vehicle (USV) Market Share Analysis, By Type
17.3 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Application
17.4 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Endurance
17.5 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Operation
17.6 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By System
17.7 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Hull Type
17.8 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Size
17.9 Middle East Unmanned Surface Vehicle (USV) Market Size and Forecast, By Country
17.9.1. Saudi Arabia
17.9.2. UAE
17.9.3. Egypt
17.9.4. Kuwait
17.9.5. South Africa
18Competitive Analysis
18.1 Competition Dashboard
18.2 Market share Analysis of Top Vendors
18.3 Key Development Strategies
19Company Profiles
19.1 Elbit Systems Ltd.
19.1.1 Overview
19.1.2 Offerings
19.1.3 Key Financials
19.1.4 Business Segment & Geographic Overview
19.1.5 Key Market Developments
19.1.6 Key Strategies
19.2 Rafael Advanced Defense Systems Ltd.
19.2.1 Overview
19.2.2 Offerings
19.2.3 Key Financials
19.2.4 Business Segment & Geographic Overview
19.2.5 Key Market Developments
19.2.6 Key Strategies
19.3 Teledyne Technologies Incorporated
19.3.1 Overview
19.3.2 Offerings
19.3.3 Key Financials
19.3.4 Business Segment & Geographic Overview
19.3.5 Key Market Developments
19.3.6 Key Strategies
19.4 Seafloor Systems, Inc.
19.4.1 Overview
19.4.2 Offerings
19.4.3 Key Financials
19.4.4 Business Segment & Geographic Overview
19.5 Key Market Developments
19.4.6 Key Strategies
19.5 SeaRobotics Corporation
19.5.1 Overview
19.5.2 Offerings
19.5.3 Key Financials
19.5.4 Business Segment & Geographic Overview
19.5.5 Key Market Developments
19.5.6 Key Strategies
19.6 Saildrone Inc.
19.6.1 Overview
19.6.2 Offerings
19.6.3 Key Financials
19.6.4 Business Segment & Geographic Overview
19.6.5 Key Market Developments
19.6.6 Key Strategies
19.7 Deep Ocean Engineering, Inc.
19.7.1 Overview
19.7.2 Offerings
19.7.3 Key Financials
19.7.4 Business Segment & Geographic Overview
19.7.5 Key Market Developments
19.7.6 Key Strategies
19.8 Zhuhai Yunzhou Intelligent Technology Co., Ltd.
19.8.1 Overview
19.8.2 Offerings
19.8.3 Key Financials
19.8.4 Business Segment & Geographic Overview
19.8.5 Key Market Developments
19.8.6 Key Strategies
19.9 Kongsberg Maritime
19.9.1 Overview
19.9.2 Offerings
19.9.3 Key Financials
19.9.4 Business Segment & Geographic Overview
19.9.5 Key Market Developments
19.9.6 Key Strategies
19.10 Tecnologies, Inc.
19.10.1 Overview
19.10.2 Offerings
19.10.3 Key Financials
19.10.4 Business Segment & Geographic Overview
19.10.5 Key Market Developments
19.10.6 Key Strategies