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Unmanned Surface Vehicle Market Share

Report ID: GMI5741
Published Date: May 2023
Report Format: PDF

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Unmanned Surface Vehicle Market Share

Some of the major players operating in the unmanned surface vehicle market are:

5G International Inc.
BAE Systems
ECA GROUPE
lbit Systems Ltd.
Fugro
Kongsberg Maritime
L3Harris Technologies, Inc.
Liquid Robotics, Inc.
Maritime Robotics AS
OceanAlpha
SAAB AB
Sagar Defence Engineering
Teledyne, Inc.
Textron Systems
Thales

These players focus on strategic partnerships and new product launches for market expansion. Furthermore, these players are heavily investing in research, allowing them to introduce innovative products and garner maximum revenue in the market.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

The market valuation of unmanned surface vehicle was worth over USD 500 million in 2022 and will grow at a 5% CAGR between 2023 and 2032.

The defense sector held approximately 55% of the unmanned surface vehicle industry share in 2022 and is expected to grow at a lucrative pace by 2032 due to the increasing demand for USVs in anti-submarine warfare and special operations by forces in critical missions.

Asia Pacific market for unmanned surface vehicle is poised to grow at a 10% CAGR between 2023 to 2032 due to expanding automation and robotics sector.

5G International Inc., BAE Systems, ECA GROUPE, lbit Systems Ltd., Fugro, Kongsberg Maritime, L3Harris Technologies, Inc., Liquid Robotics, Inc., Maritime Robotics AS, OceanAlpha, SAAB AB, Sagar Defence Engineering, Teledyne, Inc., Textron Systems, and Thales.