Unmanned Surface Vehicle Market Revenue, Industry Growing
Demand and Forecast - 2031

The global unmanned surface vehicle market is anticipated to
grow at a considerable CAGR of 4.9% during the forecast period (2024-2031). One
of the crucial factors that are boosting the market is the growing market
players to increase the competitiveness in the market. In the last few years,
several companies have taken participated in the making of unmanned surface
vehicles with different designs, technologies, and applications which has
increased the demand in the market. In the last 10 years, 3 startups have
gained a lot of attention in the unmanned surface vehicle market due to several
reasons such as design, technology, quality, and other offers. These three
startups are-

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Saildrone - Founded in 2012, the company is located in
Alameda, US. Saildrone is known for manufacturing solar and wind-powered
unmanned surface vehicle (USV) that floats on the ocean surface. These USVs are
proficient in carrying a sensor suite, relaying data back to shore in real-time
via satellite, deploying sensor payloads, and can navigate to any part of the
world’s oceans. In January 2021, the company launched a 72-foot autonomous
seabed-mapping boat.

Buffalo Automation- Founded in 2014, the company is located
in Buffalo, US. Buffalo Automation Group (BAG) is known as a robotics company
that develops USVs for marine transport applications. BAG has created 'Automate
Technology' which can be fitted onto existing boats; which enables a boat to
project weather conditions and be able to chart its steer clear of obstacles,
its path to a destination, and other such hazards. 

Open Ocean Robotics - Founded in 2017, the company is
located in Victoria, US. It is a provider of USVs for oceanic observations. The
company also offers energy-harvesting USVs equipped with cameras, sensors, and
communication devices to collect ocean data.      

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Market Coverage

Segment Covered- 

• By
  Size


• By
  Mode of Operation


• By
  Application

Regions Covered-

• North
  America


• Europe


• Asia-Pacific


• Rest
  of the World

Competitive Landscape- Including ECA Group, Elbit
Systems Ltd., Kongsberg Gruppen ASA, L3Harris Technologies, Inc., Teledyne
Technologies Inc., and others.

Key questions addressed by the report

• What
  is the market growth rate?


• Which
  segment and region dominate the market in the base year?


• Which
  segment and region will project the fastest growth in the market?


• How
  COVID-19 impacted the market?

o             Deviation
from the pre-COVID-19 forecast

o             Most
affected region and segment

• Who
  is the leader in the market?


• How
  players are addressing challenges to sustain growth?


• Where
  is the investment opportunity?

Global Unmanned Surface Vehicle Market Report Segment

By Size

• Small


• Medium


• Large

By Mode of Operation

• Autonomous
  Surface Vehicle


• Remotely
  Operated Surface Vehicle

By Application

• Defense


• Commercial

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