openPR Logo
Press release

Global Unmanned Surface Vehicle (USV) Market Trends, Size, Forecast - 2019-2025

08-22-2020 04:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Unmanned Surface Vehicle (USV) Market

Global Unmanned Surface Vehicle (USV) Market

The global unmanned surface vehicle (USV) market is estimated to grow at a CAGR of nearly 14.0% during the forecast period. Some key factors encouraging the market growth include rising defense contracts for unmanned surface vehicles, significant rise the demand for maritime security, and increasing investment in the oil and gas industry. As more than 80% of the global trade is conducted by sea, there is a significant chance of maritime crime. Therefore, the government is extensively focusing on maritime security to strengthen global peace, governance, and security, and promote global prosperity. In UK, Foreign & Commonwealth Office (FCO) aims to reinforce maritime security program which is invested by Official Development Assistance (ODA) and non-ODA funds.

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

A secure and stable maritime domain is crucial for the global economy. Maritime security relies on global co-operation to enforce and set proper standards of action and shared norms, consistent with international law. Maritime crime poses a severe threat to regional stability, international trade, and safety of seafarers. For the financial year 2019 to 2020, ODA offered nearly $1,218,724 to strengthen maritime security programme. In the US, $214 million budget is requested for the Maritime Security Program (MSP) in 2019. This, in turn, leads the demand for unmanned surface vehicles to protect the maritime operations.


A full report of Global Unmanned Surface Vehicle (USV) Market Is available at https://www.omrglobal.com/industry-reports/unmanned-surface-vehicle-usv-market

Global Unmanned Surface Vehicle (USV) Market Segmentation

By Application
• Defense
• Commercial

By Size
• Small
• Medium
• Large

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

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.)

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/unmanned-surface-vehicle-usv-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
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.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Unmanned Surface Vehicle (USV) Market Trends, Size, Forecast - 2019-2025 here

News-ID: 2119079 • Views:

More Releases from Orion Market Research

US Geriatric Medicine Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
US Geriatric Medicine Market Size, Trends, Latest Insights, Analysis and Forecas …
The US geriatric medicine market is projected to grow at a CAGR of 4.6% during the forecast period. The US has high per capita income; access to advanced healthcare, a large elderly population, and a high prevalence of chronic diseases are some of the major factors driving the geriatric medicine market in the country. Moreover, a significant presence of key market players, such as Pfizer Inc., Bristol-Myers Squibb Co., Abbott Laboratories
Urometer Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Urometer Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
The global urometer market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. The increasing cases of prostate cancer are expected to propel the growth of the global urometer market. Other than skin cancer, prostate cancer is the most common cancer in the US. According to the American Cancer Society (ACS), as of March 2022, around 268,490 new cases of prostate cancer and around
Urethral Dilators Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
Urethral Dilators Market Size, Trends, Latest Insights, Analysis and Forecast 20 …
The global urethral dilators market is anticipated to grow at a considerable CAGR of 4.9% during the forecast. The growing incidence of Healthcare-Acquired Infections (HAI) is Boosting the Global Urethral Dilators Market. These are infections that patients get while receiving treatment for medical or surgical conditions. These infections can be occurred in hospitals, surgical centers, ambulatory clinics, and long-term care facilities such as nursing homes and rehabilitation facilities. To
Transvaginal Endoscopy Market Will Exhibit an Impressive Expansion by 2024-2031
Transvaginal Endoscopy Market Will Exhibit an Impressive Expansion by 2024-2031
The global transvaginal endoscopy market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. Some of the prominent factors driving the market growth during the forecast period include the rising incidence of infertility among the female rising incidence of infertility globally, coupled with the increasing use of minimally invasive surgery. The MIS procedures involves minminal use of surgical incisions, and with the advent of laproscopic

All 5 Releases


More Releases for USV

Unmanned Surface Vehicle (USV) Market Size & Growth Analysis Report, 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
Unmanned Surface Vehicle (USV) Market worth $1,020 million by 2023
According to the new market research report on the "Unmanned Surface Vehicle (USV) Market by Application (ISR, MCM, Oceanography, Hydrography), System (Propulsion, Communication, Payload, Chassis), Type (Surface, Sub-surface), Mode of Operation, Size, Hull, Endurance and Region - Global Forecast to 2023", The unmanned surface vehicle market is estimated to be USD 534 million in 2018 and is projected to reach USD 1,020 million by 2023, at a Compound Annual Growth
Global Unmanned Surface Vehicle (USV) Market Analysis by 2020-2025
Scope of the Report: The global Unmanned Surface Vehicle (USV) market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 7.5%% in the forecast period of 2020 to 2025 and will expected to reach USD 610.3 million by 2025, from USD 457.2 million in 2019. Market segmentation Unmanned Surface Vehicle (USV) market is split by Type and by Application. For the period 2015-2025,
Unmanned Surface Vehicle (USV) Market Trends, Growth, Analysis and Forecast - 20 …
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
Global Unmanned Surface Vehicle (USV) Market Size, Industry Share, Growth & Fore …
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
Unmanned Surface Vehicle (USV) Market Overview and Scope by 2030
Unmanned surface vehicles (USV) also known as independent surface vehicles (ASV) function without any employees on the surface of the water. These are much cheaper than cars and study cars equivalent to the weather. Unmanned autopilot system (UAPS20) is the primary element in unmanned systems. These cars can be used to explore such areas where climatic conditions are rough, collecting the required data without placing any individual's life at risk. Request