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Comprehensive Unmanned Surface Vehicle (USV) Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Unmanned Surface Vehicle (USV) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for unmanned surface vehicles (USV) has undergone substantial expansion recently. The market value is projected to increase from $1.11 billion in 2024 to $1.24 billion in 2025, registering a compound annual growth rate (CAGR) of 11.1%. This notable expansion throughout the historical period can be ascribed to the increasing demand for maritime surveillance and security services, commercial utilization in shipping and logistics sectors, scientific exploration and research of oceans, monitoring and conservation of the environment, and strategies used for countering naval mines.
Unmanned Surface Vehicle (USV) Market Size Forecast: What's the Projected Valuation by 2029?
The market size of the unmanned surface vehicle (USV) is projected to experience significant expansion in the upcoming years, escalating to "$1.85 billion in 2029 with a compound annual growth rate (CAGR) of 10.7%. The surge during the forecast period can be linked to the increased adoption within the offshore energy sector, advancements in autonomous navigation systems, proliferating uses in maritime research, and integration with unmanned aerial vehicles (UAVs), alongside a global rise in maritime trade. Key trends to expect during the predicted period encompass the use of USVs in oceanographic research, emphasis on modular and scalable design, the unification of remote sensing technologies, broadening defense applications of USVs, and a heightened use in maritime security.
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What Are the Drivers Transforming the Unmanned Surface Vehicle (USV) Market?
The surge in maritime security threats is predicted to fuel the expansion of the Unmanned Surface Vehicle (USV) market. Maritime security threats encompass a range of potential hazards that could threaten the safe and secure operation of maritime activities, such as terrorism, piracy, theft, smuggling of goods and people, illegal fishing, among others. Unmanned Surface Vehicles (USVs) are employed in maritime security to perform tasks such as surveillance, patrol, and monitoring of maritime regions, contributing to heightened situational awareness, real-time data collection, and delivering support in regions that could be hazardous or challenging for crewed vessels to navigate. USVs can operate in conjunction with other human-operated vessels, increasing the ability of security forces to observe and respond to oceanic crises. For example, the International Chamber of Commerce based in Paris reported that in the first half of 2023, there were 65 noted instances of piracy and armed robbery against ships, a surge from the 58 incidents reported during the corresponding period in 2022. As a result, the escalating maritime security threats are accelerating the growth of the unmanned surface vehicle (USV) market.
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What Long-Term Trends Will Define the Future of the Unmanned Surface Vehicle (USV) Market?
The trend of technological innovation is gaining traction in the unmanned surface vehicle industry. Major players in this sector are concentrating on product innovation to maintain and further strengthen their market position. Sefine Shipyard-Aselsan, for example, a ship building company based in Turkey, launched the Marlin SDA in September 2022. This was the first ever unmanned surface vehicle outfitted with electronic warfare capabilities. The Marlin SDA is designed for use in naval warfare operations, both offensive and defensive, in a variety of marine environments. This cutting-edge technology enables the autonomous vehicle to track enemy vessels and potentially interfere with their radar systems. It can also serve in roles such as intelligence collection, electronic warfare, target identification and detection, as well as underwater and surface reconnaissance and surveillance.
Which Segments in the Unmanned Surface Vehicle (USV) Market Offer the Most Profit Potential?
The unmanned surface vehicle (USV) market covered in this report is segmented -
1) By Type: Surface, Sub-Surface
2) By Mode of Operation: Autonomous Surface Vehicle, Remotely Operated Surface Vehicle
3) By Hull Type: Catamaran (Twin Hulls), Kayak (Single Hull), Trimaran (Triple Hulls), Rigid Inflatable Hull
4) By Size: Small, Medium, Large, Extra Large
5) By Application: Defense, Commercial, Scientific Research, Other Applications
Subsegments:
1) By Surface: Small Surface Vehicles, Medium Surface Vehicles, Large Surface Vehicles
2) By Sub-Surface: Autonomous Underwater Vehicles (AUVs), Remotely Operated Vehicles (ROVs)
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Which Firms Dominate the Unmanned Surface Vehicle (USV) Market by Market Share and Revenue in 2025?
Major companies operating in the unmanned surface vehicle (USV) market include 5G International Inc., L3Harris Technologies, Atlas Elektronik GmbH, ECA Group, Elbit Systems Ltd., Liquid Robotics Inc., Rafael Advanced Defense Systems Ltd., SeaRobotics Corporation, Teledyne Technologies Inc., Textron Inc., Israel Aerospace Industries, Maritime Robotics, Kongsberg Maritime, Saab AB,Thales Group, Fugro NV, Open Ocean Robotics, RanMarine Technology, Xera Robotics Pvt. Ltd., Physical Sciences Inc., Metron Inc., ASV Global, ROV Aerospace Corp., Mesodyne, Blue Bear Plastics Private Limited, Oceaneering International Inc., Waertsilae SAM Electronics
Which Regions Offer the Highest Growth Potential in the Unmanned Surface Vehicle (USV) Market?
North America was the largest region in the unmanned surface vehicle (USV) market in 2024. The regions covered in the unmanned surface vehicle (USV) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Top Key Players Mentioned are -
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7.Rafael Advanced Defense Systems Ltd.
8.SeaRobotics Corporation
9.Teledyne Technologies…
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