The global unmanned surface vehicle (USV) market was valued at USD 1,513.0 million in 2019 and is expected to reach USD 3,098.0 million by 2027, growing at a CAGR of 13.0% during 2021-2027. In the present scenario, climate change, pollution and other factors are immensely harming and polluting the ocean and endangering its marine life. Oceanography aims at studying about the oceans and helps in predicting the contamination in ocean or any other activity as a result to which unmanned surface vehicle market is gaining popularity globally to attain this objective.
The global unmanned surface vehicle (USV) market is expected to witness the highest growth in the defense sector
On the basis of application, the global unmanned surface vehicle (USV) market is subdivided into defense and commercial. Amongst these segments, defense is expected to witness higher growth during the forecast period. The defense sector needs to identify probable threats and occurrence that could be national danger as a result to which it USV is gaining greater acceptance in this sector.
Global Unmanned Surface Vehicle Market Segmentation Analysis
Segment |
Categorization |
Leading Category |
Mode of Operation |
Autonomous Surface Vehicle and Remotely Operated Surface Vehicle |
Autonomous Surface Vehicle (Larger) |
Size |
Small, Medium, Large, and Extra-Large |
Large (Largest) |
Type |
Surface and Sub-Surface |
Surface (Faster) |
Application |
Defense and Commercial |
Defense (Faster) |
Region |
North America, Europe, Asia-Pacific, and Rest of the World |
North America (Largest) Europe (Fastest) |
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Geography Insight
Geographically, North America is the largest unmanned surface vehicle market and is expected to generate the largest revenue by 2027. This is owing to the increasing incidents of violence in countries along with rampant technological upgradation. On the other hand, Europe is expected to witness highest CAGR during the forecast period due to rampant demand for autonomous surface vehicles used by navies for ISR activities and oceanographic studies.
Competitive Insight
Some of the key players operating in the unmanned surface vehicle market are Textron Inc., ECA Group, Rafael Advanced Defense Systems, ASV Global, Israel Aerospace Industries, Atlas Elektronik, Teledyne Technologies, 5G International, SeaRobotics, Liquid Robotics, Maritime Robotics, and Elbit Systems.
Scope of the Report
Report Metric |
Details |
Market Size Available for the Years in the Study |
2015 – 2027 |
Historical Period |
2015 – 2020 |
Base Year |
2020 |
Forecast Period |
2021 – 2027 |
Segments Covered in the Study |
Mode of Operation, Size, Type, Application, System, Endurance, Hull Type, and Region |
Geographies Covered in the Study |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Sweden), Asia-Pacific (China, Japan, India, Singapore), and Rest of the World (Brazil, Israel, Nigeria, U.A.E.) |
Companies Covered in the Study |
Textron Inc., ECA Group, Rafael Advanced Defense Systems, ASV Global, Israel Aerospace Industries, Atlas Elektronik, Teledyne Technologies, 5G International, SeaRobotics, Liquid Robotics, Maritime Robotics, and Elbit Systems |
Global Unmanned Surface Vehicle Market Coverage
Mode of Operation Insight and Forecast 2015 – 2027
Size Insight and Forecast 2015 – 2027
Type Insight and Forecast 2015 – 2027
Application Insight and Forecast 2015 – 2027
System Vertical Insight and Forecast 2015 – 2027
Endurance Insight and Forecast 2015 – 2027
Hull Type Insight and Forecast 2015 – 2027
Geographical Segmentation
Unmanned Surface Vehicle Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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