Unmanned Surface Vehicles Market Overviews
Unmanned Surface Vehicles Market size was valued at USD 1.18 Bn. in 2023. The total Unmanned Surface Vehicles Market revenue is expected to grow by 13.2% from 2024 to 2030, reaching nearly USD 2.8 Bn.
Unmanned Surface Vehicles (USVs) are autonomous vehicles designed to operate in diverse and cluttered environments without human intervention, demonstrating highly nonlinear dynamics. As global interest in commercial, scientific, and military applications related to both oceans and shallow waters increases, there is a rising demand for USVs equipped with advanced guidance, navigation, and control (GNC) capabilities. The unmanned surface vehicles market has seen huge growth and development in the past few years, which is driven by advancements in technology, increasing applications across various sectors and the increasing demand for autonomous capabilities in marine operations. The unmanned surface vehicles (USVs) market is expected to be driven by cost efficienc and growing demand across military, commercial, and research sectors.
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Unmanned Surface Vehicles Market Scope and Methodology:
In the oil and gas industry, unmanned surface vehicles (USVs) are increasingly important for exploration, surveying, and facility surveys. They perform routine maintenance, such as inspecting oil pipelines and filling stations, and deal with emergencies such as oil spills. USVs are equipped with advanced gas detection and thermal scanners, offering a safer, more cost-effective alternative to traditional methods, operating autonomously in hazardous areas monitoring volcanic columns, monitoring environments environmental hazards and collect detailed information for analysis.
Unmanned Surface Vehicles Market Regional Insights
North America Unmanned Surface Vehicles Market dominated the global market with the largest share in 2023. In the region, the US is a major for Unmanned Surface Vehicles. Unique Group, headquartered in Canada, has launched two new Unmanned Surface Vessels (USVs), the Uni-Mini and Uni-Max, expanding their USV fleet. The Uni-Mini is a compact, lightweight vehicle ideal for shallow water surveys, easily operated by two people, and integrates seamlessly with various transducers and GPS systems. The Uni-Max, featuring a Hybrid Power System and advanced engines, excels in remote or challenging terrains. CEO Sahil Gandhi highlighted the company’s commitment to innovation and operational efficiency.
Unmanned Surface VehiclesMarket Segmentation
Based on Propulsion Type: The market is segmented into Diesel, Electric, Solar and Hybrid. The Diesel segment held the largest Unmanned Surface Vehicles Market share in 2023. The Electric segment is expected to grow rapidly during the forecast period. The Hybrid segment is also expected to grow during the forecast period. DeepOcean has chartered a new-built unmanned surface vessel (USV) with a hybrid diesel-electric propulsion system from USV AS. The USV is expected to support subsea inspection, maintenance, repair (IMR), and survey work in offshore renewables and oil & gas industries. Capable of operating offshore for up to 30 days without refueling, it is expected to reduce CO2 emissions by over 90%. Delivery is expected by the end of 2024, with operations starting in 2025.
Unmanned Surface Vehicles Market Key Players
Elbit Systems [Haifa, Israel]
L3Harris Technologies [Melbourne, Florida, USA]
Kongsberg Maritime [Kongsberg, Norway]
Atlas Elektronik [Bremen, Germany]
ECA Group [La Garde, France]
Searobotics Corporation [Stuart, Florida, USA]
Deep Ocean Engineering [San Jose, California, USA]
QinetiQ Group [Farnborough, Hampshire, UK]
Rafael Advanced Defense Systems [Haifa, Israel]
Thales Group [Paris, France]
EvoLogics GmbH [Berlin, Germany]
Exail [Mérignac, France]
OceanAlpha [Zhuhai, Guangdong, China]
Meteksan Defence Industry Inc. [Ankara, Turkey]
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Key questions answered in the Unmanned Surface Vehicles Market are:
- What is Unmanned Surface Vehicles ?
- What was the Unmanned Surface Vehicles market size in 2023?
- What is the growth rate of the Unmanned Surface Vehicles Market?
- Which are the factors expected to drive the Unmanned Surface Vehicles market growth?
- What are the different segments of the Unmanned Surface Vehicles Market?
- What growth strategies are the players considering to increase their presence in Unmanned Surface Vehicles ?
- What are the upcoming industry applications and trends for the Unmanned Surface Vehicles Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Unmanned Surface Vehicles Market?
- Who are the leading companies and what are their portfolios in Unmanned Surface Vehicles Market?
- What segments are covered in the Unmanned Surface Vehicles Market?
- Who are the key players in the Unmanned Surface Vehicles market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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