What is Autonomous or Unmanned Surface Vessel?
The Unmanned Surface Vehicles (USV) or Autonomous Surface Vehicles (ASV) are vessels that operates on the water surface besides any crew. They are remotely managed and can be managed through an operator placed on land or on board of any other vessel. Thereby preserving a first line of protection or function inspections of different ships, etc… whilst manned boats are saved at a protected distance, averting needless risks. USV are treasured for oceanographic applications, as they are greater beneficial than the climate buoys, however extra reasonably priced than the climate ships or equal lookup vessels, and extra adaptable than business vessels. With them you can make bathymetry, exploration and mapping of the marine funds, and can make monitoring of giant mammals for organic studies. There are USV that are powered through the power of the waves and from their photo voltaic cells, accomplishing to have months of maritime autonomy.
The market study is broken down, by Application (Robotic Research, Surveillance, Inspection of bridges, Military, Naval Operations and Others) and major geographies with country level break-up.
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing towards the production technologies, efficiency enhancement and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge invest in market growth strategies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Autonomous or Unmanned Surface Vessel market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L3Harris Technologies (United Kingdom), Textron Inc. (United States), Rafael Advanced Defense Systems Ltd. (Israel), ECA Group (France), Teledyne Technologies (United States), Elbit Systems (Israel), Sea Machines (United States), XOCEAN (Ireland), Maritime Applied Physics Corporation (MAPC) (United States) and Physical Sciences Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are ECA Group (France), Teledyne Technologies (United States) and Elbit Systems (Israel).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Autonomous or Unmanned Surface Vessel market by Type, Application and Region.
On the basis of geography, the market of Autonomous or Unmanned Surface Vessel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Size, the sub-segment i.e. Extra Large will boost the Autonomous or Unmanned Surface Vessel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
The regulatory environment for USV operations is changing unexpectedly as the technological know-how develops and is extra often deployed on industrial projects. The Maritime Autonomous Surface Ship UK Industry Conduct Principles and Code of Practice 2020 (V4) has been organized via the UK Maritime Autonomous Systems Regulatory Working Group (MASRWG) and posted through Maritime UK via the Society of Maritime Industries. Organisations that contributed to the improvement of the MASS Code of Practice encompass The Maritime & Coastguard Agency (MCA), Atlas Elektronik UK Ltd, AutoNaut, Fugro, the UK Chamber of Shipping, UKHO, Nautical Institute, National Oceanography Centre, Dynautics Limited, Sagar Defence Engineering and many more.
Market Trend
- Growing demand for small-sized USVs for non-lethal mission
- Maritime Swarm Technologies
Market Drivers
- Rise in Demand for Water Quality Monitoring and Ocean Data Mapping
- Increase the Safety of Aquatic Life
Opportunities
- Fast-growing Unmanned Surface Vehicle
- Advancements in USV
Restraints
- Presence of Low cost Autonomous Underwater Vehicle
Challenges
- Need to Create a Specialized interface with Launch and Recovery Systems and Developing a Compatible Network with Host Vessels in a Timely Manner
Key Target Audience
Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.