Unmanned Surface Vehicle (USV) Market 2022 Size-Share with Top Companies, Regional Growth Rate, Trends Future Opportunities and Global Industry Analysis Forecast to 2027

The Unmanned Surface Vehicle (USV) Market 2022 report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2022 to 2027. The structured analysis contains graphical as well as a diagrammatic representation of the global Unmanned Surface Vehicle (USV) Market with its specific geographical regions.

The Global Unmanned Surface Vehicle (USV) Market Size is Projected to Reach at a CAGR of 14% during 2022-2027.

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Market Overview:

It has a differential global positioning system (DGPS) receiver and can operate either using the remote control or on autopilot with the help of the vehicle's control software. For LBL positioning, an acoustic transceiver was towed behind the Sonobot, and a wireless connection was configured between the transceiver and a PC running positioning software (SiNAPS). Using USV with an LBL positioning system can save time and cost. Large vessels can be deployed using a USV, and the over 10-hour battery life is a further advantage of USVs. This is driving the market growth over the forecast period. 

The key manufacturers covered in this report:

Teledyne Technologies, Inc., Elbit Systems Ltd., Rafael Advanced Defense Systems Ltd., Eca Group, 5G International, Inc., Searobotics, Israel Aerospace Industries, Liquid Robotics, Inc., Maritime Robotics, ASV Global, Textron, Inc.

Recent Developments

In July 2021, L3Harris Technologies received a contract to deliver the first Unmanned Surface Vehicle (USV) built specifically to protect the environment and its emergency response personnel during oil spill response operations.
In January 2021, Elbit Systems was granted a contract to provide Seagull USVs (Unmanned Surface Vehicles) to the Navy of an Asia Pacific country. Elbit Systems will supply Seagull USV systems that are particularly equipped to undertake Mine Counter Measures (MCM) operations, with the potential to add technology modules for Anti-Submarine Warfare. The contract will be completed over a 17-month period.
In August 2020, The US Navy awarded L3Harris Technologies a contract for the Medium Unmanned Surface Vehicle (MUSV) program. This is the Navy's first unmanned surface vehicle program to support its Distributed Maritime Operations plan.

Segmentation by type:

Small
Medium
Large
Extra Large

Segmentation by application:

Defense
Scientific Research
Commercial
Others

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The North America region is estimated to lead the Unmanned surface vehicles market in the forecast period

The North American region is estimated to lead the Unmanned surface vehicles market in the forecast period. The growth of the North America Unmanned surface vehicles market is primarily driven by increasing focus on increasing investments in Unmanned surface vehicles technologies by countries in this region. In addition, factors including increasing geopolitical tensions and increased defense-related expenditure are expected to drive the demand for Unmanned surface vehicles market in the region.

The regions are further sub-divided into:

North America - US, Canada, and Mexico
Europe - UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific - China, India, Japan, South Korea, Australia & Rest of APAC
Latin America - Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa - Saudi Arabia, UAE, Israel, South Africa

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Highlights of the Unmanned Surface Vehicle (USV) Market Report:

Detailed overview of Unmanned Surface Vehicle (USV) Market
Changing the Unmanned Surface Vehicle (USV) market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Unmanned Surface Vehicle (USV) market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Unmanned Surface Vehicle (USV) Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

Finally, the Unmanned Surface Vehicle (USV) Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Unmanned Surface Vehicle (USV) industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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By Product Type, Applications & Growth Factors
Industry Status and Outlook for Major Applications / End Users / Usage Area

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