Unmanned Surface Vehicle Trends and Forecast
The future of the global unmanned surface vehicle market looks promising with opportunities in the defense and commercial markets. The global unmanned surface vehicle market is expected to reach an estimated $3.4 billion by 2030 with a CAGR of 10.6% from 2024 to 2030. The major drivers for this market are rise in demand for water quality monitoring and ocean data mapping, growth in asymmetric threats and need for maritime security, and increasing capital expenditure in offshore oil and gas industries.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Unmanned Surface Vehicle by Segment
The study includes a forecast for the global unmanned surface vehicle by mode of operation, application, and region.
Unmanned Surface Vehicle Market by Mode of Operation [Shipment Analysis by Value from 2018 to 2030]:
• Autonomous Surface Vehicle
• Remotely Operated Surface Vehicle
Unmanned Surface Vehicle Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Defense
• Commercial
Unmanned Surface Vehicle Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Unmanned Surface Vehicle Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies unmanned surface vehicle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the unmanned surface vehicle companies profiled in this report include-
• L3Harris Technologies
• SeaRobotics
• ECA Group
• Teledyne Technologies
• ELBIT SYSTEMS
• Israel Aerospace Industries
• Kongsberg Maritime
• Atlas Elektronik
• Maritime Robotics
• Liquid Robotics
Unmanned Surface Vehicle Market Insights
Lucintel forecasts that autonomous surface vehicle is expected to witness the higher growth over the forecast period.
Within this market, defense is expected to witness the higher growth.
APAC is expected to witness highest growth over the forecast period due to growing need for big USVs for both military and commercial uses, including combat operations and the movement of freight, among other things.
Features of the Global Unmanned Surface Vehicle Market
Market Size Estimates: Unmanned surface vehicle market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Unmanned surface vehicle market size by mode of operation, application, and region in terms of value ($B).
Regional Analysis: Unmanned surface vehicle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different mode of operation, application, and regions for the unmanned surface vehicle market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the unmanned surface vehicle market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the unmanned surface vehicle market size?
Answer: The global unmanned surface vehicle market is expected to reach an estimated $3.4 billion by 2030.
Q2. What is the growth forecast for unmanned surface vehicle market?
Answer: The global unmanned surface vehicle market is expected to grow with a CAGR of 10.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the unmanned surface vehicle market?
Answer: The major drivers for this market are rise in demand for water quality monitoring and ocean data mapping, growth in asymmetric threats and need for maritime security, and increasing capital expenditure in offshore oil and gas industries.
Q4. What are the major segments for unmanned surface vehicle market?
Answer: The future of the global unmanned surface vehicle market looks promising with opportunities in the defense and commercial markets.
Q5. Who are the key unmanned surface vehicle market companies?
Answer: Some of the key unmanned surface vehicle companies are as follows:
• L3Harris Technologies
• SeaRobotics
• ECA Group
• Teledyne Technologies
• ELBIT SYSTEMS
• Israel Aerospace Industries
• Kongsberg Maritime
• Atlas Elektronik
• Maritime Robotics
• Liquid Robotics
Q6. Which unmanned surface vehicle market segment will be the largest in future?
Answer: Lucintel forecasts that autonomous surface vehicle is expected to witness the higher growth over the forecast period.
Q7. In unmanned surface vehicle market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing need for big USVs for both military and commercial uses, including combat operations and the movement of freight, among other things.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the unmanned surface vehicle market by mode of operation (autonomous surface vehicle and remotely operated surface vehicle), application (defense and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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