Global Unmanned Surface Vehicle (USV) Market to 2023 - Increased Demand for USVs for Water Quality Monitoring and Ocean Data Mapping

DUBLIN, Nov. 13, 2018 /PRNewswire/ --

The "Unmanned Surface Vehicle (USV) Market by Application (ISR, MCM, Oceanography, Hydrography), System (Propulsion, Communication, Payload, Chassis), Type, Mode of Operation, Size, Hull, Endurance and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The unmanned surface vehicle market is estimated to be USD 534 million in 2018 and is projected to reach USD 1,020 million by 2023, at a CAGR of 13.8% from 2018 to 2023.

Increase in demand for ISR, water quality monitoring, maritime security and threats, and the need for ocean data and mapping are the major factors that are expected to drive the unmanned surface vehicle market during the forecast period. The demand for unmanned surface vehicles is leading to the increasing interest of various manufacturers and their inclination towards investing in the unmanned surface vehicle market. Government organizations and private agencies have been investing significantly in the manufacture and development of advanced and efficient unmanned surface vehicles.

By application, the defense segment is expected to grow at the highest CAGR during the forecast period

On the basis of application, the given market has been segmented into defense and commercial. The defense segment is projected to grow at a significant CAGR during the forecast period, because unmanned surface vehicles offer greater capacity compared to traditional equivalent systems and can be equipped with stabilized weapon systems and electro-optical tracking systems. This is expected to help militaries monitor also during the night using infrared vision.

The large segment is expected to lead the unmanned surface vehicle market from 2018 to 2023

Based on size, the unmanned surface vehicle market has been segmented into small, medium, large, and extra large. The growth of the large segment can be attributed to the high-value contracts awarded to manufacturers of unmanned surface vehicles for the development of large unmanned surface vehicles, which are majorly used in defense applications, such as ISR activities, combat operations, cargo & resupply, etc.

The autonomous surface vehicle segment to grow at the higher CAGR in the unmanned surface vehicle market from 2018 to 2023

Based on mode of operation, the unmanned surface vehicle market has been segmented into remotely operated surface vehicle and autonomous surface vehicle. The growth of autonomous surface vehicle segment can be attributed to the increasing use of autonomous surface vehicles in defense and commercial applications, as these vehicles are able to conduct any commercial or military operations on their own without any human intervention. Changes in the surroundings of these vehicles are sensed by onboard sensing devices, which information is then electronically transmitted to the remotely located human operators.

The European region is expected to exhibit the highest growth rate in the unmanned surface vehicle market and is projected to grow at the highest CAGR during the forecast period. This growth is due to the demand for unmanned surface vehicles by navies for ISR activities and oceanographic studies, along with the presence of key manufacturers, such as the ECA Group (France), ASV (UK), and Atlas Elektronik (Germany) are in the region. Atlas Elektronik accounts for the largest share with reference to the manufacture of unmanned surface vehicles in the European region.

The major players in the unmanned surface vehicle market include ASV Global (UK), Teledyne Technologies (US), Textron Inc. (US), ECA Group (France), Israel Aerospace Industries (Israel), Atlas Elektronik (Germany), SeaRobotics (US), Maritime Robotics (Norway), Elbit Systems (Israel), Rafael Advanced Defense Systems (Israel), 5G International (US), and Liquid Robotics (US), among others.

ASV Global (now L3 ASV) is one of the key market players engaged in forming strategic partnerships and agreements so as to increase the adoption of USVs for commercial and defense applications by surveyors, scientific researchers, and defense organizations.

Recent Developments

• In July 2018, ASV Global entered into a partnership with Sonardyne International Ltd., the National Oceanography Centre (NOC), and SeeByte to deliver a long endurance, multi-vehicle, autonomous survey solution.
• In May 2018, Teledyne Marine and Research Products Development Company (RPDC) signed an agreement to collaborate on global commercialization of new technologies developed within Saudi Arabia.
• In January 2018, Textron Systems signed a Cooperative Research and Development Agreement (CRADA) with Naval Sea Systems Command (NAVSEA).

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Currency & Pricing
1.4 Limitations
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market-Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Unmanned Surface Vehicle Market
4.2 Europe Unmanned Surface Vehicle Market, By Size and Country
4.3 Unmanned Surface Vehicle Market, By Key Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Demand for USVs for Water Quality Monitoring and Ocean Data Mapping
5.2.1.2 Rise in Asymmetric Threats and Need for Maritime Security
5.2.2 Restraints
5.2.2.1 Presence of Low-Cost Substitutes Such as Uuvs
5.2.3 Opportunities
5.2.3.1 Advancements in USV Design
5.2.3.2 High Demand for Autonomous Surface Vehicles to Carry Out Combat Operations
5.2.4 Challenges
5.2.4.1 Unclear Navigation Rules and Need for Human Intervention
5.2.4.2 Development of Collision Avoidance Systems and Networking Issues

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Supply Chain Analysis
6.4 Industry Trends
6.5 Technology Trends
6.5.1 Unmanned Surface Vehicles as Weapons of War
6.5.2 Caracas Technology
6.5.3 Data Dissemination
6.5.4 Launch and Recovery Systems
6.5.5 System to Refuel at Sea
6.5.6 Collaborative Unmanned Systems
6.5.7 Special Monitoring of Applied Response Technology (SMART)
6.5.8 Artificial Intelligence for Unmanned Surface Vehicles
6.5.9 Maritime Autonomy Surface Testbed (MAST)
6.6 3D Printing in Unmanned Surface Vehicles
6.7 Unmanned Surface Vehicle Capabilities in Comparison With Other Unmanned Vehicles
6.8 Innovation & Patent Registrations
6.9 Key Trend Analysis

7 Unmanned Surface Vehicle Market, By Application
7.1 Introduction
7.2 Defense
7.2.1 Intelligence, Surveillance, and Reconnaissance (ISR)
7.2.1.1 Increasing Demand for USV for Its ISR Capabilities
7.2.2 Mine Countermeasures
7.2.2.1 Increasing Adoption of USVs for Minesweeping and Mine Identification
7.2.3 Maritime Security
7.2.3.1 Unmanned Surface Vehicles are Capable of Performing Coastal Surveillance and Port Patrol Operations
7.2.4 Anti-Submarine Warfare (ASW)
7.2.4.1 Increased Demand for Unmanned Surface Vehicles for Use in Anti-Submarine Warfare
7.2.5 Electronic Warfare
7.2.5.1 Key Focus on Developing USV for Use of Electronic Warfare
7.2.6 Special Operation Forces
7.2.6.1 USVs are Being Used for Special Operation Forces in Critical Missions
7.2.7 Maritime Interdiction Operation Support
7.2.7.1 USVs are Deployed in Missions to Mitigate and Eliminate Risks to Friendly Forces Without Affecting Onboard Ship Crew
7.2.8 Marine Targetry
7.2.8.1 Increasing Use of USVs for Naval Gunnery Training
7.2.9 Firefighting
7.2.9.1 USVs are Deployed for Firefighting and Rescue Operations as They are Highly Prompt and Convenient
7.2.10 Others
7.3 Commercial
7.3.1 Ocean Data Collection
7.3.1.1 Use of Autonomous Observing Systems Such as USVs has Led to the Possibility of Collection of Different Types of Ocean Data
7.3.2 Oil & Gas Exploration
7.3.2.1 Demand From Oil and Gas Industry is Driving the Growth of USV Market
7.3.3 Oceanographic & River Mapping Study
7.3.3.1 Deployment of USVs to Conduct Advanced Scientific Research Studies
7.3.4 Environmental Monitoring
7.3.4.1 Increasing Need for Real Time Data for Weather Forecast Analysis and Monitoring
7.3.5 Seabed Mapping
7.3.5.1 USVs are Being Used for Bathymetric Measurements By Using Bathymetric Equipment and Software
7.3.6 Hydrographic Survey
7.3.6.1 Increasing Demand for USVs for Surveying the Shallow Depths of Water Bodies and Areas Along the Shores
7.3.7 Marine Salvage & Debris Removal
7.3.7.1 Major Use of USVs for Removal of Waste and Debris From Ocean Waters
7.3.8 Others

8 Unmanned Surface Vehicle Market, By Mode of Operation
8.1 Introduction
8.2 Remotely Operated Surface Vehicle
8.2.1 Enhanced Operational Efficiency of USVs Generate Extensive Growth Opportunities for USV Manufactures.
8.3 Autonomous Surface Vehicle
8.3.1 Huge Demand for Autonomous USVs to Handle Critical Missions in Marine Warfare

9 Unmanned Surface Vehicle Market, By Size
9.1 Introduction
9.2 Large
9.2.1 Large Size USVs are Increasingly Used for Mine Countermeasure Mission, Anti-Submarine Warfare, and Maritime Shield
9.3 Medium
9.3.1 Medium Sized USVs are Increasingly Used for Pre-War and Post War Maintenance and Support to Naval Forces
9.4 Extra Large
9.4.1 Extra-Large-Sized USVs are Used for Missions That Require Large Payloads and High Autonomy
9.5 Small
9.5.1 Small-Sized USVs are Gaining Traction in the Commercial Sector, Owing to Their Wide Range of Applications

10 Unmanned Surface Vehicle Market, By System
10.1 Introduction
10.2 Propulsion, By Type
10.2.1 Diesel/Gasoline Engine
10.2.1.1 Most USVs are Powered By Diesel/Gasoline Engines as They Provide Higher Energy, and Higher Payload Capacity
10.2.2 Solar
10.2.2.1 Solar Powered USVs Reduce Operating and Maintenance Costs as Compared to Other Systems
10.2.3 Hybrid
10.2.3.1 Hybrid Energy Sources Ensure Significant Improvements in the Endurance and Payload Weight Carrying Capacity of USVs
10.2.4 Electric
10.2.4.1 High Demand Due to Lithium-Ion Batteries Have High Specific Density, High Voltage, and Can Operate in A Wide Range of Temperatures
10.2.5 Others
10.3 Communication, By Type
10.3.1 Radio
10.3.1.1 Use of Radios in USVs to Receive Commands From the Ground Station
10.3.2 Wi-Fi
10.3.2.1 Increasing Use of Wi-Fi-Based Communication in USVs for Small Ranges Operations
10.3.3 Satellite
10.3.3.1 Higher Adoption of Satellite Communications in USVs to Ensure Uninterrupted Connectivity in Harsh Maritime Conditions
10.3.4 Uhf/Vhf
10.3.4.1 Uhf/Vhf Communications in USVs Suitable for Beyond Line of Sight Or Beyond the Horizon Operations
10.3.5 Others
10.4 Payload, By Type
10.4.1 Cameras
10.4.1.1 Increasing Use of Various Cameras as Payload in USVs for Precise Visual and Thermal Data Collection
10.4.2 Sensors
10.4.2.1 Most Critical Payload in USVs Used to Examine Undersea Cables and Classify A Wide Variety of Chemicals in Seawater
10.4.3 Sonar
10.4.3.1 Increasing Use of Sonar in USVs for Motion Sensing and Collision Avoidance
10.4.4 X-Band Marine Radars
10.4.4.1 Demand for X-Band Radars in USVs for Understanding the Sea Dynamics
10.4.5 Visual Systems
10.4.5.1 Visual Systems are Used Widely in Navy Operations Such as Rapid Clearing of Mines and Conducting Search & Rescue Operations
10.4.6 Lidar
10.4.6.1 USVs are Equipped With Lidar Components to Be Used for Remote Sensing
10.4.7 Echo Sounders
10.4.7.1 Echo Sounders are Payloads That are Used in USVs for Bathymetry and Other Hydrographic Surveys
10.4.8 Others
10.5 Chassis Material, By Type
10.5.1 Aluminum
10.5.1.1 Aluminum Counts for Major Share in USV Material
10.5.2 Carbon Composites
10.5.2.1 Carbon Composites Have the Second Highest Adoption Due to Their High Stiffness and Low Weight
10.5.3 Fiberglass
10.5.3.1 Fibreglass is Expected to Grow at the Highest CAGR in the USV Chassis Material Segment
10.5.4 Others
10.6 Component, By Type
10.6.1 Motor
10.6.1.1 Motor Accounts for Major Share in USV Components
10.6.2 Navigation, Guidance, and Control (Ngc) System
10.6.2.1 Ngc System is Estimated to Grow at the Highest CAGR
10.6.3 Hardware
10.6.3.1 Adoption of Autonomy Components is Increasing in USV Market
10.7 Software
10.7.1.1 Software Solutions Form A Critical Part in Any Unmanned System as They Enhance the Capabilities of A Vehicle

11 Unmanned Surface Vehicle Market, By Type
11.1 Introduction
11.2 Surface
11.2.1 Surface USV Accounts for the Major Share in the USV Market
11.3 Sub-Surface
11.3.1 Sub-Surface USV is the Latest Trend Adopted By Several Emerging Players Globally

12 Unmanned Surface Vehicle Market, By Endurance
12.1 Introduction
12.2 <100 Hours
12.2.1 Higher Adoption of <100 Hours Endurance USVs in Commercial as Well as Defense Application for Data Collection
12.3 100-500 Hours
12.3.1 USVs With an Endurance Range Within 100-500 Hours are Used Mostly for Commercial Applications Such as Oceanographic & River Mapping
12.4 500-1000 Hours
12.4.1 USVs With an Endurance Range Within 500-1000 Hours are Mostly Used for Oilfield Services
12.5 >1,000 Hours
12.5.1 USVs Having an Endurance Range >1,000 Hours are Widely Used for Military Applications Such as Iisr, Mcm, ASW, and Amd Missions

13 Unmanned Surface Vehicle Market, By Hull Type
13.1 Introduction
13.2 Kayak (Single Hull)
13.2.1 The Adoption of Kayaks is More Than Other USVs Due to Their Convenient Mounting and Loading Capabilities.
13.3 Catamaran (Twin Hulls)
13.3.1 Catamaran Accounts for the Second Highest CAGR
13.4 Trimaran (Triple Hulls)
13.4.1 Increasing Demand for Trimarans Due to Their Greater System Stability, Minimized Risk of Capsizing in Rough Water
13.5 Rigid Inflatable Hull
13.5.1 Rigid Inflatable Hulls are Suitable in Military Applications Because of Their Greater Endurance and Payload Capacity

14 Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 Us
14.2.1.1 US Leads the USV Market With the Maximum Share Across Countries Globally
14.2.2 Canada
14.2.2.1 Canada Government's Strategic Decision to Develop Its Own Indigenous Marine Industry to Grow the Market
14.3 Asia Pacific
14.3.1 China
14.3.1.1 China is Also Ahead Higher Adopting and Deploying Unmanned Systems Such as Unmanned Surface Vehicles.
14.3.2 India
14.3.2.1 Indian Defence Forces are Focusing to Develop Unmanned Surface, and Underwater Vehicles
14.3.3 Japan
14.3.3.1 Japan is One of the Leading Countries in Asia Pacific Working Actively on Developing Unmanned Surface Vehicle and Autonomous Ship Building
14.3.4 Singapore
14.3.4.1 Increasing Deliveries of USVs Driving the Singapore USV Market
14.3.5 Rest of Asia Pacific
14.3.5.1 Demand for Unmanned Maritime Systems for Defense Sector
14.4 Europe
14.4.1 Uk
14.4.1.1 UK Key Market Players are Focusing on Collaborating With Research Institutes for Increasing the Adoption of USVs
14.4.2 Sweden
14.4.2.1 Increasing Demand for USV's for Naval Operations
14.4.3 Germany
14.4.3.1 The Offshore Drilling Activities Have Been Undertaken By the German Government and Hence, the USV Market Will Show Prominent Development in the Next Few Years
14.4.4 France
14.4.4.1 The French Government Focuses on Strategic Sectors Such as Deep Offshore, Liquefied Natural Gas, Unconventional Gas, and Extra-Heavy Oils and Oil Sands
14.4.5 Italy
14.4.5.1 Italy's USV Defense Segment is Estimated to Have the Highest CAGR
14.4.6 Rest of Europe
14.4.6.1 Supply of USV Components and Systems From Oems to Drive the Growth of the Market
14.5 Middle East
14.5.1 UAE
14.5.1.1 The Gulf Corporation is Investing in Sea Exploration Activities in Regards to Iraqi Defense Threats
14.5.2 Israel
14.5.2.1 Presence of Some of the Major Manufacturers in Israel Which Fuels the Market for USV
14.5.3 Rest of the Middle East
14.5.3.1 Growing Unrest in the Middle East is Likely to Fuel the Demand for USVs to Modernize the Naval Defense Equipment
14.6 Rest of the World
14.6.1 Nigeria
14.6.1.1 Nigeria is Expected to Have the Highest CAGR
14.6.2 Brazil
14.6.2.1 Growth of the Commercial Segment of USVs is Expected to Be Driven By the Extensive Offshore Drilling Activities Undertaken in the Country

15 Competitive Landscape
15.1 Overview
15.2 Market Share Analysis, 2017
15.3 Competitive Scenario
15.3.1 New Product Launches & Developments
15.3.2 Contracts
15.3.3 Partnerships & Agreements

16 Company Profiles
16.1 Asv Global
16.2 Teledyne Technologies
16.3 Textron
16.4 Atlas Elektronik
16.5 ECA Group
16.6 Searobotics
16.7 Elbit Systems
16.8 Rafael Advanced Defense Systems
16.9 5g International
16.10 Liquid Robotics
16.11 Maritime Tactical Systems (Martac)

For more information about this report visit https://www.researchandmarkets.com/research/n4qsqh/global_unmanned?w=5

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