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Unmanned Surface Vehicle (USV) Market by Application, Size, Modes of Operation and Payload Forecast 2017-2023

01-16-2019 10:37 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Unmanned Surface Vehicle (USV) Market

Unmanned Surface Vehicle (USV) Market

Unmanned surface vehicle (USV) also known as autonomous surface vehicles (ASV) operate on the surface of the water without any crew. These are far cheaper than the equivalent weather vehicles and research vehicles. The main component that drives such unmanned systems is the unmanned auto pilot system (UAPS20). These vehicles can be used to explore such places, where the climatic condition is rough thereby gathering necessary information without putting the life of any individual at stake.

The key factors for the growth of the market are increased demand for water quality monitoring, maritime security, and threats, and the need for ocean data and mapping. With the fresh water bodies getting contaminated and in spite of the government initiatives to stop them; such vehicles will be of utmost help in surveillance and preventing them from getting contaminated. However, the presence of low cost autonomous underwater vehicle (AUV) and remotely operated underwater vehicle (ROV) are expected restraint the market growth.

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The market for unmanned surface vehicle is segmented into application, size, propulsion system, modes of operation, payload, and geography. By application, it is divided into defense, scientific research, commercial, and others. By size, it is classified into small, medium, large, and extra-large. By mode of operation, it is categorized into intelligence, surveillance and reconnaissance (ISR), mine counter measures (MCM), anti-submarine warfare, oil & gas explorations, oceanology data mapping, and others. By payload segment, it is segmented into sidescan sonar, towed array, dipping sonar, mini autonomous underwater vehicle, expandable mine neutralizers, unmanned aerial vehicle, geotechnical seabed data collector, and underway water column profilers. By geography, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.

Key Benefits
• This report provides an extensive analysis of the current and emerging market trends and dynamics of the global unmanned surface vehicle market.
• In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2023.
• Exhaustive analysis of the market by application helps understand the technologies that are currently used along with the variants that are expected to gain prominence in the future.
• Competitive intelligence helps understand the competitive scenario across the geographies as well as among the players.

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Key Players
• 5G International, Inc.
• ASV Global
• Atlas Elektronik GmbH.
• Eca Group
• Elbit Systems Ltd.
• Liquid Robotics, Inc.
• Rafael Advanced Defense Systems Ltd.
• Searobotics
• Teledyne Technologies, Inc.
• Textron, Inc.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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