MRRS adds "Unmanned Surface Vehicle (USV) Market by Application (Defense, Scientific Research, Commercial, Miscellaneous), Size (Small, Medium, Large, Extra Large), Propulsion System, Modes of Operation, Payload & Geography – Global Forecast to 2021" latest studies, published in January 2017. It is a professional and in-depth study.

“Increasing need for ISR, water quality monitoring and data mapping is a major factor for increasing procurement of Unmanned Surface Vehicle (USV), globally”
The global unmanned surface vehicle market is expected to grow from an estimated USD 437.57 million in 2016 to USD 861.37 million by 2021, at a CAGR of 14.51% from 2016 to 2021. The market for USV is driven by critical factors, such as increasing need for ocean data and mapping, maritime security and asymmetric threats.

“Defense segment to witness higher growth during the forecast period in unmanned surface vehicle market”
The key applications considered for the market study are commercial and defense. Defense segment market is estimated to grow at the highest CAGR during the forecast period, than other applications. USVs are used for several defense applications, such as mine counter measures, anti-submarine, and maritime security, among others. Unmanned underwater vehicles are also available for performing such applications. However there are several advantages of USVs over UUVs as unmanned underwater vehicles have limited endurance, power, payload capacity and cannot withstand in destructive war, along with incapability to send exact data due to water disturbance.

“North America dominates; Europe to grow at the highest rate”
The North American region dominates the global unmanned surface vehicle market in 2016, and is expected to continue its dominance during the forecast period. The U.S. is considered to be the largest developer, operator, and exporter of USV, globally, thereby resulting in the large share of the North American region in the global unmanned surface vehicle market.
The market in Europe is projected to grow at the highest CAGR during the forecast period. This rapid growth can be attributed to the fact that increasing demand from scientific research and survey industries. In European region maritime threats are continuously increasing which are affecting the transportation of goods and energy. Due to such situation the demand for the USVs is increasing in maritime security area.

“Break-up of profile of primary participants for the Unmanned Underwater Vehicle Market”

• By Company Type – Tier 1 – 35 %, Tier 45 – 20% and Tier 3 – 20%
• By Designation – C level – 35%, Director level – 25%, Others – 40%
• By Region – North America – 45%, Europe – 30%, APAC – 200%, RoW – 5%

The major companies profiled in the report include Autonomous Surface Vehicle Limited (U.K.), Textron Inc. (U.S.), ECA Group (France), Israel Aerospace Industries (Israel), Elbit Systems (Israel), among others.

Table Of Contents
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 STUDY SCOPE 14
1.3.1 MARKETS COVERED 14
1.3.2 YEARS CONSIDERED FOR THE STUDY 15
1.4 CURRENCY & PRICING 15
1.5 DISTRIBUTION CHANNEL PARTICIPANTS 15
1.6 LIMITATIONS 16
1.7 MARKET STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 21
2.2 FACTOR ANALYSIS 22
2.2.1 INTRODUCTION 22
2.2.2 DEMAND-SIDE INDICATORS 23
2.2.2.1 Increasing demand of USV’s from military applications 23
2.2.2.2 Rising demand in oceanographic applications 23
2.2.3 SUPPLY-SIDE INDICATORS 24
2.2.3.1 Reliability of components 24
2.3 MARKET-SIZE ESTIMATION 24
2.3.1 BOTTOM-UP APPROACH 25
2.3.2 TOP-DOWN APPROACH 26
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 27
2.5 RESEARCH ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN THE USV MARKET 34
4.2 USV MARKET, BY APPLICATION 34
4.3 EUROPE: USV MARKET, BY APPLICATION 35
4.4 USV MARKET, BY REGION 36
4.5 USV MARKET, BY SIZE 36
...

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