Global Unmanned Surface Vehicle Market 2018-2022 - Increased Adoption of MAS Systems Comprising of USVs, UUVs and ROVs in the Maritime and Commercial Industries

DUBLIN, Sept. 26, 2018 /PRNewswire/ --

The "Global Unmanned Surface Vehicle Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global unmanned surface vehicle market to grow at a CAGR of 14.04% during the period 2018-2022.

Global Unmanned Surface Vehicle Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also includes a discussion of the key vendors operating in this market. This industry research report provides a detailed analysis of the market by end-users (defense and commercial).

According to the report, one of the major drivers for this market is the increased adoption of MAS systems comprising of USVs, UUVs and ROVs in the maritime industry and commercial segment. These systems are used to improve efficiency and reduce operational and labor costs. USVs are being used in the commercial segment for various offshore and coastal tasks such as subsea positioning, surveying and environmental monitoring.

USV companies are investing heavily on extensive research on the use of AI in USVs. In 2018, ASV Global has invested on a new research project to create AI-based autonomous navigation system for USVs. This increased emphasis on the use of AI in USVs will be a major trend driving the growth of unmanned surface vehicle market during the forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the availability of high number of substitute products such as ROVs, AUVs and UAVs. ROVs are widely used for underwater expeditions, underwater surveys and ocean floor mapping. The substitutes are increasingly being used to collect data along predetermined routes. Moreover, the cost effectiveness of these substitutes compared to USVs will see an increased adoption of the substitutes and consequently impact the growth of the unmanned surface vehicle market.

Market Trends

• Increased emphasis on use of AI in USVs
• Increasing number of startups
• Introduction of USVs operating on alternative energy sources
  

Key vendors

• ASV Global
• Thyssenkrupp (Atlas Elektronik)
• Group Gorge (ECA Group)
• Boeing (Liquid Robotics)
• Elbit Systems

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Market Segmentation By End-User

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/q3tcsk/global_unmanned?w=5

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SOURCE Research and Markets