Global Unmanned Surface Vehicle Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Unmanned Surface Vehicle Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global unmanned surface vehicle market report has been segmented on the basis of application, size, modes of operation, payload, and region.
Global Unmanned Surface Vehicle Market: Overview
Unmanned surface vehicle is also called as autonomous surface vehicles which operates on the surface of the water without any team. They are not that costly as weather vehicles, research vehicles and others. The key component which is useful in driving unmanned systems is the unmanned auto pilot system. They are useful for exploring in places where the climatic condition Is uneven. Unmanned surface vehicle is respected in oceanography, as these vehicles are more capable than secured or drifting weather floats.
Global Unmanned Surface Vehicle Market: Dynamics
Increasing demand for oceanic security water quality monitoring, and dangers coupled with increasing need for ocean data and mapping are the major factors expected to drive the target market. In addition, increasing awareness of various manufacturers and their preference to financing in the unmanned surface vehicle market is other factor expected to drive the global unmanned surface vehicle (USV) market. However, the existence of low cost independent underwater vehicles and remotely functioned underwater vehicle are some major factor hampering the target market to a certain extent.
Furthermore, increasing investment of government organizations and private agencies in the manufacturing and development of advanced and efficient USVs are another factor expected to drive the growth of the target market.
Global Unmanned Surface Vehicle Market: Segment Analysis
On the basis of application, defense segment is expected to dominate the global market in terms of market share. Due to increasing importance from navies across the world for many purposes, including reconnaissance, surveillance, mine countermeasures, and anti-submarine warfare. This is the factor expected to drive the growth of defense segment. On the basis of size, small segment dominates the global market in terms of revenue. On the basis of operation, intelligence surveillance and reconnaissance (ISR) segment dominates the global market in terms of share. On the basis of payload sides can sonar segment dominates the global market over the forecast period.
Global Unmanned Surface Vehicle Market: Regional Analysis
Currently, North America market accounts for largest share and is likely to drive growth over the forecast period. Due to rapid technological developments and the growing occurrences of violence in countries, and is a factor expected to drive growth of the target market in this region. Asia Pacific market in expected to observed fastest growth in terms of revenue in the near future, due to increasing demand for ocean data mapping and water quality monitoring, are among some factors driving growth of the target market in Asia Pacific region. Europe is also accounted for the major moderate revenue growth over next 10 years, due to increasing demand for autonomous surface vehicles by navies for oceanographic studies and ISR activities. In addition, market in Middle East and Africa expected to witness average market share over the forecast period, followed by Latin America in the global unnamed surface vehicle market.
Global Unmanned Surface Vehicle Market Segmentation:
Segmentation by application:
- Scientific Research
Segmentation by size:
- Extra Large
Segmentation by modes of operation:
- Intelligence Surveillance and Reconnaissance (ISR)
- Mine Counter Measures (MCM)
- Anti-Submarine Warfare
- Oil & Gas Explorations
- Oceanology Data Mapping
Segmentation by payload:
- Sidescan Sonar
- Towed Array
- Dipping Sonar
- Mini Autonomous Underwater Vehicle
- Expandable Mine Neutralizers
- Unmanned Aerial Vehicle
- Geotechnical Seabed Data Collector
- Underway Water Column Profilers
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 5G International Private Limited
- Autonomous Surface Vehicles Limited
- Atlas Elektronik GmbH.
- Eca Group
- Elbit Systems Ltd.
- Liquid Robotics, Inc.
- Rafael Advanced Defense Systems Ltd.
- Teledyne Technologies, Inc.
- Textron, Inc.
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