Unmanned Surface Vehicle (USV) Market Size By Size, By Mode of Operation, By Application, By Geographic Scope And Forecast


Posted June 24, 2020 by jennysmith22119

Unmanned Surface Vehicle (USV) Market was valued at USD 561.2 Million in 2019 and is projected to reach USD 1,505.1 Million by 2027, growing at a CAGR of 13.06% from 2020 to 2027.

 
Unmanned Surface Vehicle (USV) Market Size And Forecast
The Global Unmanned Surface Vehicle (USV) Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Unmanned Surface Vehicle (USV) Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.

Unmanned Surface Vehicle (USV) Market was valued at USD 561.2 Million in 2019 and is projected to reach USD 1,505.1 Million by 2027, growing at a CAGR of 13.06% from 2020 to 2027.

What is Unmanned Surface Vehicle (USV)?
The Unmanned surface vehicle (USV) refers to the vessels that operate on the water surface without the presence of any crew members. Such vessels are developed using a variety of sensors and configurations to operate them remotely by an operator located on land or on board of another vessel. USVs are employed for various commercial, research, and military applications. USVs provide a cost-effective option to conduct a hydrographic survey and oceanographic research than other equivalent research vessels. Also, it provides the first line of defense for conducting various military operations, therefore avoiding the unnecessary risks to the defense personnel.

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Global Unmanned Surface Vehicle (USV) Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The demand for the development of unmanned surface vehicles (USVs) is rising due to growing commercial, scientific, and military issues. USVs are significantly employed for military applications for conducting various missions and tasks such as – surveillance and reconnaissance, mine countermeasures, defense system testing, training, and others, therefore boosting the market. The growing government investments from several nations to strengthen their maritime capabilities by operating USV have contributed significantly to the market growth. The continuous research and developmental activities to make advancements in the USV is expected to provide an immense growth opportunity for the market over the forecast period.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Unmanned Surface Vehicle (USV) Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Unmanned Surface Vehicle (USV) Market Competitive Landscape
The “Global Unmanned Surface Vehicle (USV) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as – Kongsberg, Teledyne Technologies, ECA Group, Elbit Systems Ltd., Textron Systems, ASV Global, Atlas Elektronik, Rafael Advanced Defense Systems, Liquid Robotics. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Unmanned Surface Vehicle (USV) Market, By Size
• Small
• Medium
• Large

Unmanned Surface Vehicle (USV) Market, By Mode of Operation
• Autonomous Surface Vehicle
• Remotely Operated Surface Vehicle

Unmanned Surface Vehicle (USV) Market, By Application
• Defense
• Commercial
• Scientific Research

 Unmanned Surface Vehicle (USV) Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags Unmanned Surface Vehicle (USV) Market
Last Updated June 24, 2020