Ken Research’s Global Unmanned Surface Vehicles (USVs) Market 2017-2025 by Application, Vehicle Type, Size, Hardware Component, Propulsion System and Region gives a detailed analysis on global market for unmanned surface vehicles. The report also covers Present competitive scenario and the prophesy manufacture trend; and profiles global USV vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in global USVs market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions. The top players in the market are 5G International Inc., ASV Unmanned Marine Systems, Atlas Elektronik GmbH, ECA Group, Elbit Systems Ltd., Israel Aerospace Industries Ltd., Liquid Robotics, Ocean Aero, Inc., Ocius Technology Ltd., Rafael Advanced Defense Systems Ltd., SeaRobotics Corporation, Seebyte Ltd., Teledyne Technologies Inc. and Textron Inc.
Unmanned Surface Vehicles are autonomous vehicles that serve on the top of water without any human interference. USV combines both small survey vessels and unmanned survey platforms. Thus, the advantages of this include protection of ports, ocean mapping and maritime security. USVs are used in environmental monitoring and underwater topographic surveys. Scientific research and development are happening on a large scale on USV and hydrographic surveying companies are largely employing USVs for their operations. Research and technological innovations are improving USVs by equipping them with cameras, sensors, sonars, visual systems and their payloads. Data from leading vendors and online searched reveal upwards trend in interest towards USVs and their related concepts including surface vessels, autonomous surface vehicles, unmanned maritime vehicles and so on. Other drivers in the market are increased research in hydrography and oceanography.
In the forecast period, the figures are favourable for USVs with North America being the leader. The growing demand is mainly due to the increase in the application of USVs like ocean data and mapping, maritime security and protection of shallow waters. Segment wise, military and defense is the major source of revenue for USVs. This is complemented with autonomy and intelligence. In the North American market, USA is the leading global market in terms of development, exports and operations. China is another growing and emerging market for USVs due to increase in investments in military and naval assets.
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Ankur Gupta, Head Marketing & Communications