Unmanned Surface Vehicle Market Revenue, Demand, Share Analysis, Company Profiles, and Forecast

The global Unmanned Surface Vehicle (USV) market size was USD 2.1 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.0% during the forecast period. Increasing number of military and defense applications of USVs and rapid technological advancements in Unmanned Surface Vehicle (USV) are key factors driving market revenue growth.

The report is updated with the impact of the COVID-19 pandemic on the Unmanned Surface Vehicle market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Unmanned Surface Vehicle market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Unmanned Surface Vehicle market.

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Competitive Outlook: The leading companies operating in the Unmanned Surface Vehicle market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Unmanned Surface Vehicle Market and Profiled in the Report are:

L3Harris Technologies, Teledyne Marine, Atlas Elektronik, Liquid Robotics, ASV Global, Ocean Aero, Elbit Systems, Textron Systems, ECA Group, Maritime Robotics, Clearpath Robotics, SeaRobotics Corporation, Boston Engineering Corporation, Deep Ocean Engineering, 5G International Inc., Yanmar Company Limited, International Submarine Engineering (ISE), Autonomous Surface Vehicles Ltd (ASV Ltd), Kongsberg Maritime, and Maritime Tactical Systems

Objectives of the Report:

Study of the global Unmanned Surface Vehicle market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Unmanned Surface Vehicle market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Unmanned Surface Vehicle market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Unmanned Surface Vehicle market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Application Outlook (Revenue, USD Billion; 2019-2032)
  • Defense
    1. Surveillance
    2. Mine Countermeasures (MCM)
    3. Anti-Submarine Warfare (ASW)
    4. Electronic Warfare (EW)
    5. Others (border patrol, intelligence, reconnaissance)
  • Commercial
    1. Oil & Gas Exploration
    2. Environmental Monitoring
    3. Oceanographic Research
    4. Fishery Management
    5. Search and Rescue
    6. Others (shipping, port security)

• Type Outlook (Revenue, USD Billion; 2019-2032)
  • Surface
    1. Unmanned Surface Vehicle (USV)
    2. Autonomous Surface Vehicle (ASV)
  • Subsurface
    1. Autonomous Underwater Vehicle (AUV)
    2. Remotely Operated Vehicle (ROV)

• Mode of Operation Outlook (Revenue, USD Billion; 2019-2032)
  • Semi-Autonomous
  • Fully Autonomous

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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