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Unmanned Surface Vehicle (USV) Market

Unmanned Surface Vehicle (USV) Market Market Research Report – Segmented By Application (Defense, Commercial), By Mode of Operation (Remotely Operated Surface Vehicle, Autonomous Surface Vehicle), By Size (Large 11 to 26 Meters, Medium 7 to 11 Meters, Extra Large >26 Meters, Small <7 Meters), By System (Propulsion, By Type, Communication, By Type, Payload, By Type, Chassis Material, By Type, Component, By Type, Software), By Type (Surface, Sub-Surface), By Endurance (<100 Hours, Hours, >1,000 Hours), By Hull Type (Kayak (Single Hull), Catamaran (Twin Hulls), Trimaran (Triple Hulls), Rigid Inflatable Hull) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.

Table of contents

Executive Summary

Unmanned Surface Vehicle (USV) Market from Consainsights analyses the Unmanned Surface Vehicle (USV) Market Market in the Aerospace & Defense industry over the forecast period to 2027.

Figure 1: Unmanned Surface Vehicle (USV) Market Size, 2019-2027

Unmanned Surface Vehicle (USV) Market research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Unmanned Surface Vehicle (USV) Market segmentation includes Application, Mode of Operation, Size, System, Type, Endurance, Hull Type and Geography.

All segmentations encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the Application, the Unmanned Surface Vehicle (USV) Market analysis covers Defense, Commercial.

Figure 2: Unmanned Surface Vehicle (USV) Market Share (%), Application 2021

Based on the Mode of Operation, the Unmanned Surface Vehicle (USV) Market analysis covers Remotely Operated Surface Vehicle, Autonomous Surface Vehicle.

Figure 3: Unmanned Surface Vehicle (USV) Market Share (%), Mode of Operation 2021

Based on the Size, the Unmanned Surface Vehicle (USV) Market analysis covers Large 11 to 26 Meters, Medium 7 to 11 Meters, Extra Large >26 Meters, Small <7 Meters.

Figure 4: Unmanned Surface Vehicle (USV) Market Share (%), Size 2021

Based on the System, the Unmanned Surface Vehicle (USV) Market analysis covers Propulsion, By Type, Communication, By Type, Payload, By Type, Chassis Material, By Type, Component, By Type, Software.

Figure 5: Unmanned Surface Vehicle (USV) Market Share (%), System 2021

Based on the Type, the Unmanned Surface Vehicle (USV) Market analysis covers Surface, Sub-Surface.

Figure 6: Unmanned Surface Vehicle (USV) Market Share (%), Type 2021

Based on the Endurance, the Unmanned Surface Vehicle (USV) Market analysis covers <100 Hours, Hours, >1,000 Hours.

Figure 7: Unmanned Surface Vehicle (USV) Market Share (%), Endurance 2021

Based on the Hull Type, the Unmanned Surface Vehicle (USV) Market analysis covers Kayak (Single Hull), Catamaran (Twin Hulls), Trimaran (Triple Hulls), Rigid Inflatable Hull.

Figure 8: Unmanned Surface Vehicle (USV) Market Share (%), Hull Type 2021

Key companies operating in the market include ASV Global, Teledyne Technologies, Textron, Atlas Elektronik, ECA Group, Searobotics, Elbit Systems, Rafael Advanced Defense Systems, International, Liquid Robotics, Maritime Tactical Systems (MARTAC) and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Market Overview

Definition & Scope

  • The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
  • The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
  • The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
  • Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
  • Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
  • As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

By Application

Introduction

By By Application, The Unmanned Surface Vehicle (USV) Market analysis covers Defense, Commercial.

Table: 1: Unmanned Surface Vehicle (USV) Market Size, By By Application

Defense

The Defense segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Commercial

The Commercial segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Mode of Operation

Introduction

By By Mode of Operation, The Unmanned Surface Vehicle (USV) Market analysis covers Remotely Operated Surface Vehicle, Autonomous Surface Vehicle.

Table: 2: Unmanned Surface Vehicle (USV) Market Size, By By Mode of Operation

Remotely Operated Surface Vehicle

The Remotely Operated Surface Vehicle segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Autonomous Surface Vehicle

The Autonomous Surface Vehicle segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Size

Introduction

By By Size, The Unmanned Surface Vehicle (USV) Market analysis covers Large 11 to 26 Meters, Medium 7 to 11 Meters, Extra Large >26 Meters, Small <7 Meters.

Table: 3: Unmanned Surface Vehicle (USV) Market Size, By By Size

Large 11 to 26 Meters

The Large 11 to 26 Meters segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Medium 7 to 11 Meters

The Medium 7 to 11 Meters segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Extra Large >26 Meters

The Extra Large >26 Meters segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Small <7 Meters

The Small <7 Meters segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By System

Introduction

By By System, The Unmanned Surface Vehicle (USV) Market analysis covers Propulsion, By Type, Communication, By Type, Payload, By Type, Chassis Material, By Type, Component, By Type, Software.

Table: 4: Unmanned Surface Vehicle (USV) Market Size, By By System

Propulsion, By Type

The Propulsion, By Type segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Communication, By Type

The Communication, By Type segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Payload, By Type

The Payload, By Type segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Chassis Material, By Type

The Chassis Material, By Type segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Component, By Type

The Component, By Type segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Software

The Software segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Type

Introduction

By By Type, The Unmanned Surface Vehicle (USV) Market analysis covers Surface, Sub-Surface.

Table: 5: Unmanned Surface Vehicle (USV) Market Size, By By Type

Surface

The Surface segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Sub-Surface

The Sub-Surface segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Endurance

Introduction

By By Endurance, The Unmanned Surface Vehicle (USV) Market analysis covers <100 Hours, Hours, >1,000 Hours.

Table: 6: Unmanned Surface Vehicle (USV) Market Size, By By Endurance

<100 Hours

The <100 Hours segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Hours

The Hours segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

>1,000 Hours

The >1,000 Hours segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

By Hull Type

Introduction

By By Hull Type, The Unmanned Surface Vehicle (USV) Market analysis covers Kayak (Single Hull), Catamaran (Twin Hulls), Trimaran (Triple Hulls), Rigid Inflatable Hull.

Table: 7: Unmanned Surface Vehicle (USV) Market Size, By By Hull Type

Kayak (Single Hull)

The Kayak (Single Hull) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Catamaran (Twin Hulls)

The Catamaran (Twin Hulls) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Trimaran (Triple Hulls)

The Trimaran (Triple Hulls) segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Rigid Inflatable Hull

The Rigid Inflatable Hull segment market was valued at US$ XX Mn in 2019 and grown at XX% CAGR over the historic years (2019 - 2027) to reach US$ XX Mn and is projected to grow at XX% CAGR over the forecast period to reach US$ XX Mn by 2027. The market represented the US$ XX Mn opportunity over 2019 - 2027 and estimated to create US$ XX Mn opportunity over 2019 - 2027.

Company Analysis

Introduction

Key companies operating in the market include ASV Global, Teledyne Technologies, Textron, Atlas Elektronik, ECA Group, Searobotics, Elbit Systems, Rafael Advanced Defense Systems, International, Liquid Robotics, Maritime Tactical Systems (MARTAC) and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.