Unmanned Surface Vehicles (USV) (Defense) – Thematic Research
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Unmanned surface vehicles (USVs) have the potential to be used as force multipliers in many areas of the military field, including naval operations, with their modular structures and their ability to carry many different payloads. With the use of artificial intelligence (AI) in USVs at full maturity, it is expected that by the end of 2020, USVs will take part in naval battle groups with manned platforms.
The global USV market size was US$2.1 billion in 2021 and the market is expected to grow at a CAGR of more than 3% between 2021 and 2031. The unmanned surface vehicles (USV) market research report provides an in-depth understanding of the underlying factors driving demand for USVs in the top spending countries across the world and identifies the opportunities offered. The report will also strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
For more insights on the USV market forecast, download a free report sample
Key Trends in the USV Market
The key trends that are impacting the USV market can be classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
- Technology trends – The key technology trends impacting the USV market include modularity, growing demand for small-sized USVs for non-lethal missions, test and development centers/organizations, mothership concepts, processor chips, artificial intelligence (AI), maritime swarm technologies, and others.
- Macroeconomic trends – The key macroeconomic trends that will shape the USV market are common procurement and R&D cost-sharing, company partnership, and economic risk.
- Regulatory trends – The key regulatory trends impacting the USV market include Ethics in AI and collision avoidance.
USV Industry Analysis
The global USV market size was US$2.1 billion in 2021 and the utilization of the unmanned system in military and commercial areas is increasing day by day. Along with the rapid development of computers, communication, information fusion, and artificial intelligence technology, the technologies that restrain the development of unmanned vehicles will be solved one by one. It is expected that the utilization and deployment of unmanned systems will continue to grow in the future.
USV Market Value Chain
The USV industry value chain can be split into four segments: USV types, USV components layer, USV sub-components layer, and end-user layer
USV Types: The key layers under USV types are large USVs, medium USVs, small USVs, and USVs. When we come to the size of USVs, there is a significant demand for small-sized USVs that can operate in littoral water, inshore and remote areas.
USV Market Value Chain Analysis
To know more about the USV market value chain, download a free report sample
USV Market - Competitive Landscape
The leading companies in the USV market are Leidos, Gibbs & Cox, Austal USA, L3 ASV, ST Engineering, Elbit, MARTAC, and Atlas.
Defense Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecards have a thematic screen and a valuation screen.
- The thematic screen tells us who are the overall leaders in the themes that matter most, based on our thematic engine.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
Defense Sector Scorecard – Thematic Screen
To know more about the defense sector scorecards, download a free report sample
USV Market Overview
Report Pages | 39 |
Regions Covered | Global |
Market Size (2021) | US$2.1 Billion |
CAGR (2021-31) | >3% |
Key Trends | Technology Trends, Macroeconomic Trends, and Regulatory Trends |
Value Chains | USV Types, USV Components Layer, USV Sub-Components Layer, and End-User Layer |
Leading Companies | Leidos, Gibbs & Cox, Austal USA, L3 ASV, ST Engineering, Elbit, MARTAC, and Atlas |
Scope
- Navies and companies, cooperating with universities and research and development centers, have been developing and experimenting with various USVs for many years and have transitioned some of these efforts into procurement/manufacture programs. There are still many USV programs under development and at the technology demonstration level.
- A key driver for the development of USVs is to move people away from contested and dangerous environments to avoid casualties.
- Large SUSVs, MSUVs and LUSVs have generally switchable and modular mission payload suites, therefore, they can perform multi-mission changing mission modules. Collective advances in technology allow these vehicles to execute more complex missions, with increased autonomy and their support packages. However, small vehicles such as VSUSVs, SUSVs, and Gliders are better suited to single-type missions, such as hydrographic survey and ISR missions.
Reasons to Buy
- Our thematic investment research product, supported by our thematic engine, is aimed at senior (C-Suite) executives in the corporate world as well as institutional investors.
- Corporations: Helps CEOs in all industries understand the disruptive threats to their competitive landscape.
- Investors: Helps fund managers focus their time on the most exciting investment opportunities in global Aerospace & Defense.
- Whilst most investment research is underpinned by backwards looking company valuation models, GlobalData’s thematic methodology identifies which companies are best placed to succeed in a future filled with multiple disruptive threats. Compared to all our rival thematic research houses, our unique differentiator is that our thematic engine has a proven track record of predicting leaders and challengers.
- Gain an in-depth understanding of the underlying factors driving demand for Unmanned Surface Vehicles in the top spending countries across the world and identify the opportunities offered by each of them.
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
Atlas Elektronik UK
Austal US
BAE Systems
Bollinger
CASC
CSIC
ECA
Elbit Systems
Fincantieri
Gibbs&Cox
HII
Ixblue
Kongsberg
L3 ASV
Leidos
Leonardo
LIG Nex1
Liquid Robotics
Lockheed Martin
Maritime Robotics
M Ship
MARTAC
Metal Shark
Meteksan
Rafael
Sea Kit
SeaRobotics
Saildrone
ST Engineering
Teledyne Marine
Textron
Thales
WAM-V Marine Advanced Robotic
Yunzhou
Zycraft
Table of Contents
Frequently asked questions
-
What was the USV market size in 2021?
The global USV market size was US$2.1 billion in 2021.
-
What is the USV market growth rate?
The USV market is expected to grow at a CAGR of more than 3% between 2021 and 2031.
-
What key technology trends are impacting the USV market?
The key technology trends impacting the USV market include modularity, growing demand for small-sized USVs for non-lethal missions, test and development centers/organizations, mothership concepts, processor chips, and others.
-
What key macroeconomic trends are shaping the USV market?
The key macroeconomic trends that will shape the USV market are common procurement and R&D cost-sharing, company partnership, and economic risk.
-
What key regulatory trends are impacting the USV market?
The key regulatory trends impacting the USV market include Ethics in AI and collision avoidance.
-
What are the components of the USV industry value chains?
GlobalData’s USV industry value chain consists of USV types, USV components layer, USV sub-components layer, and end-user layer.
-
Which are the leading companies in the USV industry?
The leading companies in the USV industry are Leidos, Gibbs & Cox, Austal USA, L3 ASV, ST Engineering, Elbit, MARTAC, and Atlas.
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