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Unmanned Surface Vehicles Market Trends, Segment and Future Growth to 2022(ASV Global, Liquid Robotics, Teledyne Marine, Ocius Technologies, ATLAS ELEKTRONIK GmbH, Clearpath Robotics, Ocean Aero, QinetiQ North America, Marine Advanced Research, and Elbit

09-27-2018 09:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Cosmos

Unmanned Surface Vehicles Market Trends, Segment and Future

Global Unmanned Surface Vehicles Market Size:

The unmanned surface vehicles 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.

Global Unmanned Surface Vehicles Market Overview:

Unmanned surface vehicles are machines operated remotely on the surface of the water without human intervention. They are also known as autonomous surface vehicles. Unmanned surface vehicles are more valuable in oceanology because of their greater flexibility and lower cost than meteorological or research vessels. Unmanned surface vehicles have increased the interest of several government organizations and private builders and, as a result, are investing huge sums in the development of independent machines. These unmanned surface vehicles can replace conventional ocean vessels because they are fully automatic or semi-automatic and reduce the risk to operators of manned surface vehicles.

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Drivers and Restraints:

The growing demand for unmanned surface vehicles is due to research in the fields of oceanography and hydrography. The growing need to monitor water quality and antisubmarine warfare is another determining factor in the market for unmanned surface vehicles. The growing demand for advanced, reliable and efficient surface vehicles, as well as the trend to modernize the military sector worldwide, should boost the market for unmanned surface vehicles. In addition, the increase in maritime safety and threats, and the growing need to map ocean data are driving the market for unmanned surface vehicles.

The main factor that hinders the market of unmanned surface vehicles is the ability to understand the situation. The investigation is still ongoing to improve situational awareness of the unmanned surface vehicle. In addition, the factor of prevention and detection of collisions also limits the growth of the market. The detection of collisions is one of the most important factors for unmanned systems and, as a result, manufacturers are developing robust technologies to improve this limitation.

Leading manufacturer’s partner with established players and emerging companies to design and develop an unmanned surface vehicle that can operate for longer. Currently, unmanned surface vehicles operate for three months in a row. This technological development can grow the market exponentially over the years. In addition, another opportunity for the manufacturers of unmanned surface vehicles is to collaborate with underwater unmanned vehicles with unmanned underwater vehicles, which will improve marine and marine applications, oil and gas exploration markets

Segmentation:

The market for unmanned surface vehicles can be segmented according to the payload, depending on the end user and the geography.

By payload, the unmanned surface vehicle can be divided into side scan sonar, towed net, mini underwater autonomous vehicle, extensible mine interceptor, unmanned aerial vehicle, geotechnical data collector and profilers. The end users of these unmanned surface vehicles can be classified in the defence and trade sectors. The use in the defence sector includes intelligence, surveillance and recognition (ISR), mining action measures (MCM) and antisubmarine warfare. The commercial sector uses, among other things, unmanned surface vehicles for oil and gas exploration and ocean data mapping.

Based on geography, the unmanned surface vehicle market can be segmented into North America, Europe, Asia-Pacific, Middle East, Africa and Latin America. American manufacturers are investing heavily in research and development to technologically modernize existing surface vehicles and, as a result, North America is the dominant region in the unmanned surface vehicle market, followed by Asia-Pacific and Europe.

Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-unmanned-surface-vehicle-usv-market-analysis-and-forecast-to-2022-growth-opportunity-asse/1153018

The key manufacturers of unmanned surface vehicles across the globe are ASV Global (U.S.), Liquid Robotics Inc. (U.S.), Teledyne Marine (U.S.), Ocius Technologies (U.S.), ATLAS ELEKTRONIK GmbH (Germany), Clearpath Robotics Inc., (Canada), Ocean Aero (U.S.) , Rafael Advanced Defense Systems Ltd. (Israel), QinetiQ North America (U.S.), Deep Ocean Engineering, Inc. (U.S.), Marine Advanced Research, Inc. (U.S.), and Elbit Systems, Ltd. (Israel). 

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.

Contact: 
Kevin Stewart
kevin@researchcosmos.com
Global Sales Manager
Research Cosmos
www.researchcosmos.com
+1 888 709 8757   
LinkedIn - https://www.linkedin.com/company/market-research-cosmos
Twitter - https://twitter.com/researchcosmos
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