Unmanned Surface Vehicle (USV) Market Size, Share, Analysis, Industry Report and Forecast 2022-2028

The global unmanned surface vehicle (USV) market is estimated to grow at a CAGR of nearly 14.0% during the forecast period. A significant rise in defense contracts for the development of unmanned surface vehicles is offering an opportunity for the growth of the market. The Navy has an increasing interest in USVs for maritime operations. This allows to carry out a comprehensive range of tasks, including intelligence surveillance and reconnaissance (ISR)), mine countermeasures (MCM), and anti-submarine warfare (ASW). The rising shift from manned vehicles to unmanned vehicles has been primarily contributing to the development of USVs for naval operations.

To Request a Sample of our Report on Unmanned Surface Vehicle (USV) Market:  https://www.omrglobal.com/request-sample/unmanned-surface-vehicle-usv-market

In February 2020, the US Navy selected 40 companies to develop USVs which will share contracts amounting to $982.1 million to support the USV family of systems. The contract is for five years and comprises three one-year options. All 40 companies will get $1,000 up-front, and in the next five to eight years will compete for individual delivery orders for USV propulsion systems, sensor and sensor-processing payloads, integrated unmanned surface vessels, and other phases of advanced USV design. These contractors will focus on vehicle autonomy and navigation, sensors and sensor processing, logistics and sustainment, and ashore and host platform elements. The companies selected to participate in the next-generation unmanned surface vehicle project include BAE Systems, Advanced Acoustic Concepts LLC, Continental Tide Defense Systems Inc., Gibbs & Cox, Inc., L3Harris Technologies and Lockheed Martin Corp.

In January 2018, Leonardo was awarded the most important project, OCEAN2020, which is associated with the first European Defence Fund's initiative. The project aims to encourage defence capabilities of Europe. This will stimulate technological research of Europe in the naval domain by the incorporation of unmanned platforms in interdiction and surveillance missions. OCEAN2020 project will see unmanned platforms of several kinds (surface, fixed-wing, underwater, rotary wing) combined with command and control centres of naval units’. This will support naval operations for data exchange through satellite, with command and control centres on land. The combined and cooperative application of both manned and unmanned vehicles are shown in the project.

Italian Navy continue to make contributions to OCEAN2020 project, including making available naval assets and helicopters and the development of operational scenarios. The project will comprise two live demonstrations of maritime interdiction and surveillance operations, performed by European fleets with the use of unmanned surface vessels, aircraft, and underwater systems. The Navy considers USVs as a cost-effective, high-endurance, and reconfigurable ships with sufficient capacity to carry several modular payloads. This shift towards USVs is offering an opportunity for increasing application of these vehicles in defense sector, which in turn, will contribute to the growth of the global USV market.

(Get 15% Discount on Buying this Report)

A full Report of Unmanned Surface Vehicle (USV) Market is Available @  https://www.omrglobal.com/industry-reports/unmanned-surface-vehicle-usv-market

Global USV Market- Segmentation

By Application

·        Defense 

·        Commercial

By Size

·        Small 

·        Medium

·        Large

Global USV Market– Segment by Region 

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

Company Profiles

·        5G International Inc.

·        Austal Ltd.

·        BAE Systems plc

·        Clearpath Robotics Inc.

·        Deep Ocean Engineering, Inc.

·        ECA Group (Groupe Gorgé Co.)

·        Elbit Systems Ltd.

·        Gibbs & Cox, Inc. 

·        L3Harris Technologies, Inc.

·        Liquid Robotics, Inc. (Boeing Co.)

·        Marine Advanced Research Inc.

·        Maritime Tactical Systems (MARTAC), Inc.

·        Ocean Aero

·        Ocius Technologies

·        QinetiQ Group

·        Rafael Advanced Defense Systems Ltd.

·        SeaRobotics Corp.

·        Teledyne Technologies Inc.

·        Textron Systems Corp.

·        thyssenkrupp AG

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

 

Comments

Post a Comment

Popular posts from this blog

European Data Backup and Recovery Market Size, Share, Analysis, Industry Report and Forecast 2019-2025

  European Data Backup and Recovery Market are expected to reach $5.7 billion in 2027, growing at a CAGR of 9.5% during the forecast period (2021-2027). Factors responsible for the growth of the market in Europe are well-developed telecommunication infrastructure, high internet penetration, high adoption of cloud-based devices among people and organization. Regulations regarding the data localization such as GDPR by the European Union and countries own data localization and protection act are providing growth to the market. Major economies which are expected to hold a considerable market are UK, Germany, France, Italy, and Spain. These economies are part of the European Union, which covers most of the continent. The aim of the European Union was to increase economic cooperation and encourage free trade among countries. To Request a Sample of our Report on European Data Backup and Recovery Market :   https://www.omrglobal.com/request-sample/european-data-backup-recovery-...
Read more

Insect Repellent Market Is Likely to Experience a Tremendous Growth by 2031

This informative Insect Repellent Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can boost up the revenue rate of their business. It also permits key organizations to make communication with customers and know their demands for making right investment in the product development. By increasing the product portfolio by referring the important market data provided in this Insect Repellent Market research report, key players can grow and expand their business forward. Continuously developing customer demands are also described in this global report to help new entrants make required changes in the final product launch and then bring into the market. It becomes easy for key players to prioritize the demands and requirements of target audience and have complete understanding of end-user experience with the help o...
Read more

Asia-Pacific Urban Air Mobility Market Growth, Size, Share, Industry Report and Forecast 2019-2025

The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market. To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market :   https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the As...
Read more