The unmanned surface vehicle (USV) market is projected to grow from USD 470.1 Million in 2017 to USD 938.5 Million by 2022, at a CAGR of 14.83% during the forecast period.
Factors, such as increase demand for the ISR, water quality monitoring, maritime security and threats, and need for ocean data and mapping are driving the unmanned surface vehicle market. unmanned surface vehicles have been increasing the interest of various manufacturers and their inclination towards the USV market. Government organizations and private agencies have been investing to manufacture and develop advanced and efficient USVs.
On the basis of application, the given market has been segmented into defense, commercial, scientific research, and others. The defense segment is projected to grow at a significant CAGR during the forecast period, because USVs offers greater capacity compared to traditional equivalent systems and can be equipped with stabilized weapons system and electro optical tracking system. This would help defense forces monitor at night using infrared vision.
5G International, Inc.
ASV Unmanned Marine Systems
Atlas Elektronik Gmbh.
Elbit Systems Ltd.
Rafael Advanced Defense Systems
Teledyne Technologies, Inc.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Unmanned Surface Vehicle Market, By Application
8 Unmanned Surface Vehicle Market, By Size
9 Unmanned Surface Vehicle Market, By Propulsion System
10 Unmanned Surface Vehicle Market, By Modes of Operation