Unmanned surface vehicle market: Growth opportunities led by 5G International Inc, AutoNaut Ltd, Clearpath Robotics Inc – Technavio

NEW YORK, Feb. 2, 2023 /PRNewswire/ — The unmanned surface vehicle market size is forecast to increase by USD 715.64 million from 2022 to 2027, at a CAGR of 7.26%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 1240.05 million.  The growth of the market will be driven by increased research and investment in USVs, increased applicability of USVs, and advancement in computing and communications – Download the Sample Report

The market is segmented by end-user (defense and commercial), type (remotely operated and autonomous), and geography (North America, APAC, Europe, Middle East and Africa, and South America).

Segmentation by end-user (defense and commercial)

• Defense: The defense segment grew gradually by USD 787.06 million in 2017 and continued to grow by 2021. The rising demand for cost-effective unmanned solutions and the need to eliminate human subjects in hazardous underwater surveys are driving the growth of the defense segment. Defense sectors across the world are investing heavily in the deployment of USVs and testing their operations. Furthermore, governments of many countries are undertaking several training operations and demonstration activities to increase awareness about USVs among armed forces. These developments are fueling the growth of the defense segment during the forecast period.

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Technavio has extensively analyzed 15 major vendors, including 5G International Inc., AutoNaut Ltd., Clearpath Robotics Inc., Deep Ocean Engineering Inc., ECA Group, Liquid Robotics Inc., Marakeb Technologies LLC, Maritime Robotics AS, Maritime Tactical Systems Inc., Ocean Aero, Oceanalpha Group Ltd., Rafael Advanced Defense Systems Ltd., Rakuten Group Inc., Saildrone Inc., SeaRobotics Corp., Textron Inc., thyssenkrupp AG, QinetiQ Ltd., Elbit Systems Ltd., and L3Harris Technologies Inc.

Key benefits for industry players & stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer landscape – Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

Get a holistic overview of the unmanned surface vehicle market by industry experts to evaluate and develop growth strategies. Download the Sample

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What are the key data covered in this unmanned surface vehicle market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the unmanned surface vehicle market between 2023 and 2027
• Precise estimation of the size of the unmanned surface vehicle market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Unmanned Surface Vehicle Market industry across North America, APAC, Europe, Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Unmanned Surface Vehicle Market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global unmanned surface vehicle market 2017 – 2021
• Exhibit 18: Historic Market Size – Data Table on Global unmanned surface vehicle market 2017 – 2021 ($ million)

• 4.2 End User Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End User Segment 2017 – 2021 ($ million)

• 4.3 Mode of operation Segment Analysis 2017 – 2021
• Exhibit 20: Historic Market Size – Mode of operation Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Defense – Market size and forecast 2022-2027
• Exhibit 34: Chart on Defense – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Defense – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Defense – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Defense – Year-over-year growth 2022-2027 (%)

• 6.4 Commercial – Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 
• Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments 
• Exhibit 43: Chart on Type – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type 
• Exhibit 45: Chart on Comparison by Type
• Exhibit 46: Data Table on Comparison by Type

• 7.3 Remotely operated – Market size and forecast 2022-2027
• Exhibit 47: Chart on Remotely operated – Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Remotely operated – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Remotely operated – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Remotely operated – Year-over-year growth 2022-2027 (%)

• 7.4 Autonomous – Market size and forecast 2022-2027
• Exhibit 51: Chart on Autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Autonomous – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Autonomous – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Autonomous – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027
• Exhibit 61: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 APAC – Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.7 South America – Market size and forecast 2022-2027
• Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027
• Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027
• Exhibit 85: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027
• Exhibit 89: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Norway – Market size and forecast 2022-2027
• Exhibit 93: Chart on Norway – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Norway – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Norway – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Norway – Year-over-year growth 2022-2027 (%)

• 9.12 Japan – Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 5G International Inc. 
• Exhibit 108: 5G International Inc. – Overview
• Exhibit 109: 5G International Inc. – Product / Service
• Exhibit 110: 5G International Inc. – Key offerings

• 12.4 AutoNaut Ltd. 
• Exhibit 111: AutoNaut Ltd. – Overview
• Exhibit 112: AutoNaut Ltd. – Product / Service
• Exhibit 113: AutoNaut Ltd. – Key offerings

• 12.5 Clearpath Robotics Inc. 
• Exhibit 114: Clearpath Robotics Inc. – Overview
• Exhibit 115: Clearpath Robotics Inc. – Product / Service
• Exhibit 116: Clearpath Robotics Inc. – Key offerings

• 12.6 Deep Ocean Engineering Inc. 
• Exhibit 117: Deep Ocean Engineering Inc. – Overview
• Exhibit 118: Deep Ocean Engineering Inc. – Product / Service
• Exhibit 119: Deep Ocean Engineering Inc. – Key offerings

• 12.7 ECA Group 
• Exhibit 120: ECA Group – Overview
• Exhibit 121: ECA Group – Product / Service
• Exhibit 122: ECA Group – Key offerings

• 12.8 Elbit Systems Ltd. 
• Exhibit 123: Elbit Systems Ltd. – Overview
• Exhibit 124: Elbit Systems Ltd. – Product / Service
• Exhibit 125: Elbit Systems Ltd. – Key offerings

• 12.9 L3Harris Technologies Inc. 
• Exhibit 126: L3Harris Technologies Inc. – Overview
• Exhibit 127: L3Harris Technologies Inc. – Business segments
• Exhibit 128: L3Harris Technologies Inc. – Key news
• Exhibit 129: L3Harris Technologies Inc. – Key offerings
• Exhibit 130: L3Harris Technologies Inc. – Segment focus

• 12.10 Liquid Robotics Inc. 
• Exhibit 131: Liquid Robotics Inc. – Overview
• Exhibit 132: Liquid Robotics Inc. – Product / Service
• Exhibit 133: Liquid Robotics Inc. – Key offerings

• 12.11 Marakeb Technologies LLC 
• Exhibit 134: Marakeb Technologies LLC – Overview
• Exhibit 135: Marakeb Technologies LLC – Product / Service
• Exhibit 136: Marakeb Technologies LLC – Key offerings

• 12.12 Maritime Robotics AS 
• Exhibit 137: Maritime Robotics AS – Overview
• Exhibit 138: Maritime Robotics AS – Product / Service
• Exhibit 139: Maritime Robotics AS – Key offerings

• 12.13 Ocean Aero 
• Exhibit 140: Ocean Aero – Overview
• Exhibit 141: Ocean Aero – Product / Service
• Exhibit 142: Ocean Aero – Key offerings

• 12.14 QinetiQ Ltd. 
• Exhibit 143: QinetiQ Ltd. – Overview
• Exhibit 144: QinetiQ Ltd. – Business segments
• Exhibit 145: QinetiQ Ltd. – Key offerings
• Exhibit 146: QinetiQ Ltd. – Segment focus

• 12.15 Rakuten Group Inc. 
• Exhibit 147: Rakuten Group Inc. – Overview
• Exhibit 148: Rakuten Group Inc. – Business segments
• Exhibit 149: Rakuten Group Inc. – Key offerings
• Exhibit 150: Rakuten Group Inc. – Segment focus

• 12.16 SeaRobotics Corp. 
• Exhibit 151: SeaRobotics Corp. – Overview
• Exhibit 152: SeaRobotics Corp. – Product / Service
• Exhibit 153: SeaRobotics Corp. – Key offerings

• 12.17 thyssenkrupp AG 
• Exhibit 154: thyssenkrupp AG – Overview
• Exhibit 155: thyssenkrupp AG – Business segments
• Exhibit 156: thyssenkrupp AG – Key news
• Exhibit 157: thyssenkrupp AG – Key offerings
• Exhibit 158: thyssenkrupp AG – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 159: Inclusions checklist
• Exhibit 160: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 161: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 162: Research methodology
• Exhibit 163: Validation techniques employed for market sizing
• Exhibit 164: Information sources

• 13.5 List of abbreviations 
• Exhibit 165: List of abbreviations

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