Unmanned surface vehicle (USV) market Exhibit a Remarkable CAGR of 13.7% Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

Data Bridge Market Research analyses that the global unmanned surface vehicle (USV) market is expected to reach the value of USD 2,758.17 million by 2030, at a CAGR of 13.7% during the forecast period. The unmanned surface vehicle (USV) market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Market Overview

The unmanned surface vehicle (USV) is a water-borne vessel that can operate without the requirement of human onboard operators. They can be either remotely operated by an operator or are pre-programmed to be able to run on their own. It is usually powered by rapidly rechargeable lithium-ion batteries or solar energy and is mainly used for ocean exploration and maritime purposes.

The unmanned surface vehicle offers various advantages, which can be used for different kinds of applications such as commercial and research, defense purposes, search and rescue, and many more. Its adoption is steadily growing across various industry verticals, such as aquaculture, and has a huge potential to be an ideal vehicle that can be used for disaster management purposes.

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Global Unmanned Surface Vehicle (USV) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:

Drivers

Increasing demand for unmanned vehicles for cleaning oceans

Marine pollution, or the contamination of oceans, has been growing over the years. Moreover, about 75% of Earth's surface has been covered by water, of which 97.5% is occupied by the ocean and 2.5% by fresh water. The rapidly increasing population has led to a growing need for fresh water for drinking and other purposes.

Although, the growth in industrialization and globalization has led to a surge in water pollution. A huge amount of plastic waste is being deployed in the ocean which is contaminating the water. In addition, the history of oil and gas exploration and transportation has witnessed several oil spills which have destroyed the aquatic life and quality of water. Along with this, chemical contamination is concerning for health, environmental, and economic reasons which have led to the demand for cleaning such water resources.

Increasing asymmetric threats and use of unmanned surface vehicle (USV) in defense

Unmanned surface vehicles are being revolutionized for naval purposes for the past few years. These vehicles have been evolving from tools to carry out many tasks to systems capable of operating with a high degree of autonomy. Moreover, most countries are facing asymmetric warfare because of different strategies framed by different defense departments.

However, asymmetric warfare can describe conflicts. Such conflicts often involve strategies and tactics of unconventional warfare. The resources of asymmetric threats can be referred to as the attack by individuals, organizations, or nations to target any government, military or some valuable asset in order to acquire the asset or destroy the state. These attacks need to be continuously monitored by countries in order to protect them from any form of attack or any other type of applications such as illegal drug trafficking, air crash, maritime search investigations, payload delivery, and many others.

Some of the major players operating in global unmanned surface vehicle (USV) market are Maritime Robotics AS, Elbit Systems Ltd., Rafael Advanced Defense Systems Ltd., Boeing, Utek, Seafloor Systems, Inc., SeaRobotics Corporation, Saildrone Inc., Deep Ocean Engineering, Inc., Zhuhai Yunzhou Intelligent Technology Co., Ltd., Kongsberg Maritime, Tecnologies, Inc., OCIUS, ATLAS ELEKTRONIK GmbH, Clearpath Robotics Inc., Teledyne Technologies Incorporated, Textron Inc., ECA GROUP and 5G Maritime among others.

Major problems which are addressed in  Unmanned Surface Vehicle (USV) Market report:

How the market status is recently?
How the is going to be in forecast period?
What the  Unmanned Surface Vehicle (USV) Market trends are?
What the key player's moves are?
What are the recent developments in the  Unmanned Surface Vehicle (USV) Market?
What the market drivers and restrains are?

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