The offshore oil and gas sector requires efficient and cost-effective solutions for exploration, maintenance, and monitoring of installations in often challenging and remote marine environments. Traditional methods often involve high human labor and operational costs, as well as potential safety risks. The trend toward higher capital expenditure in this industry presents a unique opportunity for USVs to showcase their value proposition. These autonomous or remotely operated vehicles perform a wide range of tasks such as pipeline inspections, structural assessments, environmental monitoring, and equipment maintenance. By deploying USVs, companies enhance their operational efficiency, reduce risks to human personnel, and collect accurate data with improved precision and consistency.
Instead of sending divers or crewed vessels for routine inspections or repairs, USVs navigate and carry out these tasks autonomously, equipped with specialized sensors and tools. For instance, in July 2023, Electric remotely operated vehicles (eROVs) that perform maintenance and repair tasks on offshore wind turbines are being developed by the National Robotarium in partnership with geo-data specialist Fugro. Deployed from Fugro’s uncrewed surface vessels (USVs), the companies say they are working together to explore how the offshore energy sector benefit from advances in this kind of autonomous technology. Less than 11 meters unmanned surface vehicles (USVs) with a size of less than 11 meters typically refer to compact and relatively small waterborne autonomous or remotely operated vehicles. These USVs are characterized by their compact dimensions, which make them suitable for various applications, including research, surveillance, environmental monitoring, and commercial purposes.
With the increase in demand for compact USVs in various industries these small USVs are gaining popularity in research, environmental monitoring, and commercial applications due to their maneuverability and versatility. Researchers and organizations are recognizing the benefits of having easily transportable and cost-effective platforms for tasks such as hydrographic surveys, water quality monitoring, and marine research. For instance, Liquid Robotics offers Wave Glider, a compact USV of 3.05 meter. This USV is equipped with a propulsion system that harnesses stored solar energy, and the same solar energy system also replenishes the batteries that operate its sensors.
Unmanned surface vehicles (USVs), falling within the size range of 11 to 26 meters in length, represent a category of autonomous or remotely operated marine vessels. These USVs are characterized by their moderate size, which position11-to-26-meter are mostly medium size unmanned surface vehicles equipped with advanced sensors and instruments that can conduct comprehensive oceanographic surveys, gather environmental data, and study marine ecosystems. As the global focus on understanding and addressing environmental challenges intensifies, medium-sized USVs are increasingly recognized as invaluable tools in advancing marine research efforts. For instance, Kongsberg Maritime AS provides Sounder, a Medium-sized 8-meter unmanned surface vehicle for hydroacoustic applications. Its autonomy system provides safe navigation and control of the system, capable of direct remote control, and supervised or autonomous operation s them as versatile platforms suitable for a diverse array of applications in aquatic environments.
More than 26-meter represents vehicles falling within the size range of above 26 meters in length representing a category of autonomous or remotely operated marine vessels notable for their substantial dimensions. Maritime security and defense applications also fuel the demand for large USVs. Their size allows for the integration of advanced surveillance, communication, and anti-submarine warfare systems. Large USVs are increasingly recognized as assets in naval operations, coastal defense, and border security. As nations prioritize the protection of maritime borders and critical infrastructure, these USVs create growth opportunities within the defense sector. For instance, in July 2023, USV AS contracted Astilleros Gondán shipyard to build an unmanned surface vessel (USV) that is 27 meters long and 7.5 meters wide capable of significantly reducing emissions and operating expenses compared to conventional vessels utilized for subsea inspection, maintenance, and repair (IMR) work.
The unmanned surface vehicle market is segmented on the basis of application, mode of operation, size, and region. Based on application, it is segmented into defense and commercial. On the basis of mode of operation, it is classified into autonomous surface vehicle and remotely operated surface vehicle. By size, it is categorized into less than 11 meters, 11 to 26 meters, and more than 26 meters. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include Atlas Elektronik GmbH, ECA Group, Elbit Systems Ltd., Israel Aerospace Industries, Kongsberg Maritime, L3Harris Technologies, Inc., Liquid Robotics, Maritime Robotics, SeaRobotics Corp. and Teledyne Technologies Incorporated.
Instead of sending divers or crewed vessels for routine inspections or repairs, USVs navigate and carry out these tasks autonomously, equipped with specialized sensors and tools. For instance, in July 2023, Electric remotely operated vehicles (eROVs) that perform maintenance and repair tasks on offshore wind turbines are being developed by the National Robotarium in partnership with geo-data specialist Fugro. Deployed from Fugro’s uncrewed surface vessels (USVs), the companies say they are working together to explore how the offshore energy sector benefit from advances in this kind of autonomous technology. Less than 11 meters unmanned surface vehicles (USVs) with a size of less than 11 meters typically refer to compact and relatively small waterborne autonomous or remotely operated vehicles. These USVs are characterized by their compact dimensions, which make them suitable for various applications, including research, surveillance, environmental monitoring, and commercial purposes.
With the increase in demand for compact USVs in various industries these small USVs are gaining popularity in research, environmental monitoring, and commercial applications due to their maneuverability and versatility. Researchers and organizations are recognizing the benefits of having easily transportable and cost-effective platforms for tasks such as hydrographic surveys, water quality monitoring, and marine research. For instance, Liquid Robotics offers Wave Glider, a compact USV of 3.05 meter. This USV is equipped with a propulsion system that harnesses stored solar energy, and the same solar energy system also replenishes the batteries that operate its sensors.
Unmanned surface vehicles (USVs), falling within the size range of 11 to 26 meters in length, represent a category of autonomous or remotely operated marine vessels. These USVs are characterized by their moderate size, which position11-to-26-meter are mostly medium size unmanned surface vehicles equipped with advanced sensors and instruments that can conduct comprehensive oceanographic surveys, gather environmental data, and study marine ecosystems. As the global focus on understanding and addressing environmental challenges intensifies, medium-sized USVs are increasingly recognized as invaluable tools in advancing marine research efforts. For instance, Kongsberg Maritime AS provides Sounder, a Medium-sized 8-meter unmanned surface vehicle for hydroacoustic applications. Its autonomy system provides safe navigation and control of the system, capable of direct remote control, and supervised or autonomous operation s them as versatile platforms suitable for a diverse array of applications in aquatic environments.
More than 26-meter represents vehicles falling within the size range of above 26 meters in length representing a category of autonomous or remotely operated marine vessels notable for their substantial dimensions. Maritime security and defense applications also fuel the demand for large USVs. Their size allows for the integration of advanced surveillance, communication, and anti-submarine warfare systems. Large USVs are increasingly recognized as assets in naval operations, coastal defense, and border security. As nations prioritize the protection of maritime borders and critical infrastructure, these USVs create growth opportunities within the defense sector. For instance, in July 2023, USV AS contracted Astilleros Gondán shipyard to build an unmanned surface vessel (USV) that is 27 meters long and 7.5 meters wide capable of significantly reducing emissions and operating expenses compared to conventional vessels utilized for subsea inspection, maintenance, and repair (IMR) work.
The unmanned surface vehicle market is segmented on the basis of application, mode of operation, size, and region. Based on application, it is segmented into defense and commercial. On the basis of mode of operation, it is classified into autonomous surface vehicle and remotely operated surface vehicle. By size, it is categorized into less than 11 meters, 11 to 26 meters, and more than 26 meters. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include Atlas Elektronik GmbH, ECA Group, Elbit Systems Ltd., Israel Aerospace Industries, Kongsberg Maritime, L3Harris Technologies, Inc., Liquid Robotics, Maritime Robotics, SeaRobotics Corp. and Teledyne Technologies Incorporated.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the unmanned surface vehicle market analysis from 2022 to 2032 to identify the prevailing unmanned surface vehicle market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the unmanned surface vehicle market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global unmanned surface vehicle market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Size
- Less than 11 Meters
- 11 to 26 Meters
- More than 26 Meters
By Application
- Defense
- Commercial
By Mode of Operation
- Autonomous Surface Vehicle
- Remotely Operated Surface Vehicle
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- ECA Group.
- Israel Aerospace Industries
- Liquid Robotics
- Teledyne Technologies Incorporated
- SeaRobotics Corp.
- Maritime Robotics
- ELBIT SYSTEMS LTD.
- Kongsberg Maritime AS
- Atlas Elektronik GmbH
- L3Harris Technologies, Inc.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: UNMANNED SURFACE VEHICLE MARKET, BY SIZE
CHAPTER 5: UNMANNED SURFACE VEHICLE MARKET, BY APPLICATION
CHAPTER 6: UNMANNED SURFACE VEHICLE MARKET, BY MODE OF OPERATION
CHAPTER 7: UNMANNED SURFACE VEHICLE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
The Unmanned Surface Vehicle Market is likely to experience a significant growth rate of 11.5% from 2023-2032 owing to advancements in technology that have significantly enhanced the capabilities of USVs, making them more reliable, efficient, and versatile.Unmanned surface vehicles (USV) are equipped with various sensors, communication systems, and navigation technologies, enabling them to perform a wide range of tasks across different industries and sectors. The market includes a diverse array of USV types, from small, agile systems used for data collection and environmental monitoring to larger, more sophisticated vessels employed in defense and security applications, offshore exploration, research, and commercial purposes such as shipping and logistics.
The global unmanned surface vehicles market is characterized by its dynamic nature, driven by rapid technological advancements, evolving regulatory frameworks, and the surge in recognition of USVs as efficient, cost-effective, and safer alternatives for marine operations traditionally conducted by manned vessels. This market's growth is further influenced by factors such as an increase in demand for maritime surveillance, scientific research, and offshore activities, making it a key segment within the broader field of autonomous and remotely operated systems. USVs offer enhanced efficiency and cost savings, making them appealing options for various industries. Their ability to operate continuously without crew rest leads to reduced labor and operational expenses, which attract businesses looking to optimize their maritime operations. Furthermore, the heightened safety quotient of USVs in hazardous environments is a critical factor, especially for applications such as offshore exploration and maritime security.
Key factors driving the growth of the unmanned surface vehicle market are the rise in demand for ocean data mapping, increasing maritime security and surveillance, and growing environmental monitoring and disaster response. The growth of the unmanned surface vehicle market can be attributed to Increased capital expenditure of companies in offshore oil and gas industry, and development of an unmanned surface vehicle for autonomous navigation in a paddy field. As these autonomous vessels continue to evolve and expand their capabilities, their applications diversify, drawing in new customers and industries and thereby fostering market growth. However, challenges including regulatory complexities, technological limitations, resistance to change, and cybersecurity risks act as impediments to the rapid expansion of the unmanned surface vehicles market. The successful development of this market hinges on effectively addressing these challenges while capitalizing on the numerous advantages that unmanned surface vehicles (USVs) offer across various sectors.
Autonomous surface vehicles operate on the surface of water without human intervention. ASVs are designed to perform a wide range of tasks autonomously or remotely, making them valuable tools in various industries, including maritime research, environmental monitoring, defense, and commercial applications.The offshore energy industry offers significant growth potential for Autonomous surface vehicles (ASVs). ASVs are well-suited for tasks such as offshore platform inspections, subsea infrastructure monitoring, and pipeline surveys. As the offshore energy sector seeks to optimize operations, reduce costs, and improve safety, ASVs provide an efficient solution for routine inspections and maintenance, especially in challenging offshore environments.
In addition, the hydrographic and geospatial survey industry offers substantial opportunities for ASVs. These vehicles can conduct bathymetric surveys, seafloor mapping, and charting of coastal and inland waterways with high precision. With the increasing need for accurate and up-to-date navigational data, ASVs are well-positioned to provide reliable surveying solutions. For instance, in November 2022, OceanAlpha’s UK partner - Storm Geomatics Ltd. was utilizing NORBIT’s sonar device on OceanAlpha SL40 Hydrographic Survey autonomous surface boat to detect the underwater entrances of beaver burrows. This collaboration enables humans and beavers to coexist in a safe and sustainable manner.Remotely operated surface vehicle controlled and operated remotely by a human operator, typically from a remote location or a nearby vessel. These control systems can include joysticks, consoles, or computer interfaces that transmit commands to the ROSV.
Remotely operated surface vehicles (ROSVs) are increasingly used for remote inspections of offshore platforms, subsea infrastructure, and pipelines. As offshore operations continue to expand into deeper and more challenging waters, ROSVs offer a solution that combines the advantages of human judgment with the safety and cost-efficiency of unmanned vehicles. This trend is expected to grow as energy companies seek to optimize maintenance processes and reduce operational downtime. Furthermore, the ROSV segment is benefiting from the rising demand for underwater archaeology and environmental monitoring. Remotely operated surface vehicles (ROSVs) equipped with high-definition cameras and sensors are valuable tools for exploring and documenting underwater archaeological sites, as well as conducting surveys of delicate marine ecosystems. The preservation of historical treasures and the study of aquatic environments are driving the demand for ROSVs in these applications. For instance, iXblue’s DriX USV, with remote-controlled and supervised autonomous technology is able to perform underwater exploration from the surface of water through a camera and sensors installed on it. It is equipped with HMI features (including camera video streams, and a survey line plan.
The unmanned surface vehicle market is segmented into application, mode of operation, size, and region. On the basis of application, the market is categorized into defense and commercial. On the basis of mode of operation, it is categorized into autonomous surface vehicle and remotely operated surface vehicle. On the basis of size, it is divided into less than 11 meters, 11 to 26 meters, and more than 26 meters. Region-wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study are Atlas Elektronik GmbH, ECA Group, Elbit Systems Ltd., Israel Aerospace Industries, Kongsberg Maritime, L3Harris Technologies, Inc., Liquid Robotics, Maritime Robotics, SeaRobotics Corp. and Teledyne Technologies Incorporated. The players in the market have been actively engaged in the adoption of various strategies such as collaboration, product launch, acquisition, partnership, and others to remain competitive and gain an advantage over the competitors in the market.
Key Market Insights
By size, the less than 11 meters segment was the highest revenue contributor to the market, and is estimated to reach $1.09 billion by 2032, with a CAGR of 10.6%.By application, the defense segment dominated the global market, and is estimated to reach $1.70 billion by 2032, with a CAGR of 12.0%.
Based on mode of operation, the energy storage segment was the highest revenue contributor to the market, with $0.35 billion in 2022, and is estimated to reach $1.1 billion by 2032, with a CAGR of 12.4%.
Based on region, North America was the highest revenue contributor, accounting for $0.37 billion in 2022, and is estimated to reach $0.92 billion by 2032, with a CAGR of 9.8%.
Companies Mentioned
- ECA Group.
- Israel Aerospace Industries
- Liquid Robotics
- Teledyne Technologies Incorporated
- SeaRobotics Corp.
- Maritime Robotics
- ELBIT SYSTEMS LTD.
- Kongsberg Maritime AS
- Atlas Elektronik GmbH
- L3Harris Technologies, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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