Unmanned Surface Vessel (USV) Market Size and Market Trends: Complete Industry Overview (2024 to 2031

The "Unmanned Surface Vessel (USV) Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Unmanned Surface Vessel (USV) market is expected to grow annually by 10.4% (CAGR 2024 - 2031).

This entire report is of 127 pages.

Unmanned Surface Vessel (USV) Introduction and its Market Analysis

Unmanned Surface Vessel (USV) market research reports indicate a strong growth trajectory for the industry. USVs are autonomous or remotely controlled vessels used for various applications such as surveillance, research, and defense. The target market includes defense, oil & gas, and research sectors. Major factors driving revenue growth include increasing demand for maritime security, technological advancements, and cost-effectiveness. Key players in the market include Textron Defense Systems, Kongsberg Maritime, Elbit Systems, and Northrop Grumman. The report highlights the market's competitive landscape, trends, opportunities, and challenges, providing valuable insights and recommendations for industry stakeholders.

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The Unmanned Surface Vessel (USV) market is rapidly growing, with a variety of types including Remote Control, Autonomous Control, and Semi-autonomous vessels. These USVs are being used for various applications such as Military Use and Civil Use. In the military sector, USVs are utilized for surveillance, reconnaissance, and mine detection missions. Meanwhile, in the civil sector, they are used for oceanographic research, environmental monitoring, and offshore operations.

Regulatory and legal factors play a crucial role in shaping the USV market conditions. Governments around the world are working on developing guidelines and regulations for the operation of USVs to ensure safety and security. Compliance with these regulations is essential for companies operating in the USV market. Additionally, intellectual property rights and cybersecurity concerns are also significant considerations in the USV market.

Overall, the USV market is expected to continue expanding as technology advances and the demand for unmanned vessels grows in both military and civilian sectors. Companies operating in this market must stay informed about regulatory developments and legal factors to remain competitive and compliant.

Top Featured Companies Dominating the Global Unmanned Surface Vessel (USV) Market

The Unmanned Surface Vessel (USV) market is highly competitive, with several key players operating in the industry. Companies such as Textron Defense Systems (TDS), ALSEAMAR, Kongsberg Maritime, Rafael Advanced Defense Systems Ltd., Teledyne Marine, Elbit Systems Ltd, QinetiQ, ECA Group, Liquid Robotics, Northrop Grumman, Hi-Target International Group Limited, Kepuni, EvoLogics, CHC Navigation (CHCNAV), Yunzhou-Tech, SeaRobotics Corporation, China Shipbuilding Industry Corporation (CSIC), and L3 ASV are leading the market with their advanced technologies and innovative solutions.

These companies contribute significantly to the growth of the Unmanned Surface Vessel (USV) market by offering a wide range of products and services for various applications such as defense, oceanographic research, surveillance, autonomous shipping, and environmental monitoring. They leverage cutting-edge technology, advanced sensors, artificial intelligence, and autonomous systems to provide efficient and cost-effective solutions to their customers.

Several of these companies have reported substantial sales revenue from their USV business. For instance, Teledyne Marine reported a revenue of $ million in 2020, while Northrop Grumman generated $36.8 billion in sales revenue in the same year. Elbit Systems Ltd reported a revenue of $4.8 billion, and Kongsberg Maritime reported a revenue of $1.7 billion in 2020.

Overall, these companies play a critical role in driving innovation, research, and development in the Unmanned Surface Vessel (USV) market, contributing to its continuous growth and expansion in various industry sectors.

• Textron Defense Systems (TDS)
• ALSEAMAR
• Kongsberg Maritime
• Rafael Advanced Defense Systems Ltd.
• Teledyne Marine
• Elbit Systems Ltd
• QinetiQ
• ECA Group
• Liquid Robotics
• Northrop Grumman
• Hi-Target International Group Limited
• Kepuni
• EvoLogics
• CHC Navigation (CHCNAV)
• Yunzhou-Tech
• SeaRobotics Corporation
• China Shipbuilding Industry Corporation (CSIC)
• L3 ASV

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Unmanned Surface Vessel (USV) Market Analysis, by Type:

• Remote Control
• Autonomous Control
• Semi-autonomous

Unmanned Surface Vessels (USVs) can be classified into three types: Remote Control, Autonomous Control, and Semi-autonomous. Remote Control USVs are operated by a human operator from a remote location, Autonomous Control USVs operate independently using pre-programmed instructions, and Semi-autonomous USVs combine both remote and autonomous control features. These different types of USVs offer various benefits such as increased efficiency, reduced operational costs, improved safety, and enhanced mission capabilities. This versatility and functionality provided by USVs have led to a rise in demand in various industries such as defense, maritime security, environmental monitoring, and research, thereby boosting the overall USV market.

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Unmanned Surface Vessel (USV) Market Analysis, by Application:

• Military Use
• Civil Use

Unmanned Surface Vessels (USVs) are utilized for both military and civil purposes. In military use, USVs serve roles such as reconnaissance, mine countermeasures, surveillance, and autonomous swarm operations. In civil applications, USVs are employed for tasks like oceanic research, environmental monitoring, offshore oil and gas exploration, and security patrols. The fastest growing application segment in terms of revenue is the use of USVs for offshore oil and gas exploration, where they can perform tasks such as pipeline inspection and maintenance, data collection, and perimeter security. USVs offer cost-effectiveness, increased safety, and efficiency in both military and civil operations.

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Unmanned Surface Vessel (USV) Industry Growth Analysis, by Geography:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The Unmanned Surface Vessel (USV) market is expected to experience significant growth in regions such as North America, Asia Pacific (APAC), Europe, USA, and China. Among these regions, North America and the USA are expected to dominate the market with a market share percent valuation of around 40%. Asia Pacific is also expected to witness substantial growth, with China leading the market in the region. The market share of the USV market is projected to be highest in North America, followed by Europe and Asia Pacific, with each region expected to hold approximately 30% of the market share.

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