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Unmanned Surface Vehicle (USV)s Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 200 Pages Fortune Business Insights Pvt. Ltd. May, 2024 FOB18819937
Best Price Guarantee
Price from $4,850
Length 200 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date May, 2024
SKU FOB18819937

Unmanned Surface Vehicle (USV)s Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Unmanned Surface Vehicle (USV) Market

The Unmanned Surface Vehicle (USV) market size was valued at USD 2.16 billion in 2023, and the market is now projected to grow from USD 2.27 billion in 2024 to USD 3.29 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period of 2024-2032.

The COVID-19 pandemic created substantial opportunities at the Unmanned Surface Vehicle (USV) market growth as curtailing coronavirus outbreak changed into prioritized. USVs, being unmanned, became extra attractive for operations that required minimum human intervention. With restrained physical access, there has been a greater emphasis on developing robust far-off monitoring and control capabilities for USVs.

Cleansing oceans have noticed an escalated demand and desire resulting in an amplified USV market share proportion worldwide with none USV. Due to the constant development of the population of a country, the number of people who want to consume sparkling water and use it for other purposes is constantly growing. On the other hand Industrialization and globalization have provided around %1 increase in water pollutants. Plastic waste products are dumped into the sea in large volumes causing pollution of the water body.

Above all, there has been a great increase in the use of small-sized USVs for non-lethal operations and with AI assistants. Even most USVs are significantly smaller than 14 meters thus they are difficult to detect through radar, acoustic, infrared, or magnetic sensors. Thus with burgeoning use of stealth generation USVs become increasingly invisible.

Comprehensive Analysis of Unmanned Surface Vehicle (USV) Market

The Unmanned Surface Vehicle (USV) market and aerospace & defense industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defense industry. These segmentations are methodically segregated by types of size, component, mode of operation, endurance, hull type, and application. The mode of operation types includes, autonomous and remotely operated. However, the endurance is such as short (upto 100 hours),extra-long (above 1000 hours), long (500 – 1000 hours), and medium (100 – 500 hours).

The North American region is conducive to the global Unmanned Surface Vehicle (USV) market, leading to a recall of USD 0.81 billion owing to most of the developers are based in the region. This growth is because of an increase in the Navy's defense finances, which has increased the demand for cars in the U.S. In addition, growing Canadian exports and financial development are expected to drive the marketplace boom.

The top players in the market play a crucial role in the aerospace & defense industry assuring industrial prospectus growth and setting market standards. These players include, Kongsberg Maritime (Norway), SaaB AB (Sweden), ASV (U.K.), Atlas Elektronik GmbH (Germany), L3 Harris Technologies (U.S.), ECA Group (France), Thales Group (France), Fugro (Netherlands), Textron Inc (U.S.), Liquid Robotics (U.S.),Elbit Systems (Israel), 5G international (U.S.),Rafael Advanced Defense Systems Ltd. (Israel), and Teledyne Technologies (U.S.) these market players provide a level-playing competitive landscape.

In June 2023, Thales USV (Unmanned Surface Vessel) Apollo efficiently completed a rigorous series of self-reliant MCM trials, paving the way for self-sufficient mine hunting operations inside the Royal Navy and the industry. Apollo, a Thales-constructed Royal Navy Motor Boat (RNMB), completed a series of open water guarantee assessments.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.7% from 2024-2032

Unit Value (USD billion)

Segmentation By Size

Small USV

Medium USV

Large USV

Extra-Large USV

By Component

Power & Propulsion Systems

Communication Systems

Sensors & Optronics

Hull

Inertial Navigation & Positioning System

ISR & Imaging Systems

Weapon Payloads

By Mode of Operation

Autonomous

Remotely Operated

By Endurance

Short (Up to 100 Hours)

Medium (100 - 500 Hours)

Long (500 - 1000 Hours)

Extra-Long (Above 1000 Hours)

By Hull Type

Kayak (Single Hull)

Catamaran (Twin Hull)

Trimaran (Triple Hull)

Rigid Inflatable Hull

By Application

Intelligence, Surveillance, and Reconnaissance

Naval & Homeland Security

Anti-Submarine Warfare

Hydrography & Oceanography

Environmental & Meteorological Monitoring

Natural Resource Mapping & Exploration

Others

By Geography

North America (By Size, By Component, By Mode of Operation, By Endurance, By Hull Type, and By Application)

U.S. (By Size)

Canada (By Size)

Europe (By Size, By Component, By Mode of Operation, By Endurance, By Hull Type, and By Application)

U.K. (By Size)

Germany (By Size)

France (By Size)

Russia (By Size)

Nordic Countries (By Size)

Italy (By Size)

Spain (By Size)

Rest of Europe (By Size)

Asia Pacific (By Size, By Component, By Mode of Operation, By Endurance, By Hull Type, and By Application)

China (By Size)

Japan (By Size)

India (By Size)

South Korea (By Size)

Australia (By Size)

Rest of Asia Pacific (By Size)

Rest of the World (By Size, By Component, By Mode of Operation, By Endurance, By Hull Type, and By Application)

Latin America (By Size)

Middle East & Africa (By Size)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Supply Chain and Regulatory Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Qualitative Analysis Related to COVID-19
4.5.1. Impact of COVID-19 on the Market
4.5.2. Supply Chain Challenges amidst Pandemic
4.5.3. Potential Opportunities due to this Global Crisis
5. Global Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Cuisine Type
5.2.1.1. Asian
5.2.1.2. Italian
5.2.1.3. Mexican
5.2.1.4. Others
5.2.2. By Food Type
5.2.2.1. Veg
5.2.2.2. Non-Veg
5.2.3. By Distribution Channel
5.2.3.1. Hypermarkets/Supermarkets
5.2.3.2. Convenience Stores
5.2.3.3. Grocery Stores
5.2.3.4. Online Sales Channel
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Cuisine Type
6.2.1.1. Asian
6.2.1.2. Italian
6.2.1.3. Mexican
6.2.1.4. Others
6.2.2. By Food Type
6.2.2.1. Veg
6.2.2.2. Non-Veg
6.2.3. By Distribution Channel
6.2.3.1. Hypermarkets/Supermarkets
6.2.3.2. Convenience Stores
6.2.3.3. Grocery Stores
6.2.3.4. Online Sales Channel
6.2.4. By Country (Value)
6.2.4.1. U.S.
6.2.4.1.1. By Cuisine Type (Value)
6.2.4.1.1.1. Asian
6.2.4.1.1.2. Italian
6.2.4.1.1.3. Mexican
6.2.4.1.1.4. Others
6.2.4.2. Canada
6.2.4.2.1. By Cuisine Type (Value)
6.2.4.2.1.1. Asian
6.2.4.2.1.2. Italian
6.2.4.2.1.3. Mexican
6.2.4.2.1.4. Others
6.2.4.3. Mexico
6.2.4.3.1. By Cuisine Type (Value)
6.2.4.3.1.1. Asian
6.2.4.3.1.2. Italian
6.2.4.3.1.3. Mexican
6.2.4.3.1.4. Others
7. Europe Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Cuisine Type
7.2.1.1. Asian
7.2.1.2. Italian
7.2.1.3. Mexican
7.2.1.4. Others
7.2.2. By Food Type
7.2.2.1. Veg
7.2.2.2. Non-Veg
7.2.3. By Distribution Channel
7.2.3.1. Hypermarkets/Supermarkets
7.2.3.2. Convenience Stores
7.2.3.3. Grocery Stores
7.2.3.4. Online Sales Channel
7.2.4. By Country (Value)
7.2.4.1. France
7.2.4.1.1. By Cuisine Type (Value)
7.2.4.1.1.1. Asian
7.2.4.1.1.2. Italian
7.2.4.1.1.3. Mexican
7.2.4.1.1.4. Others
7.2.4.2. Spain
7.2.4.2.1. By Cuisine Type (Value)
7.2.4.2.1.1. Asian
7.2.4.2.1.2. Italian
7.2.4.2.1.3. Mexican
7.2.4.2.1.4. Others
7.2.4.3. UK
7.2.4.3.1. By Cuisine Type (Value)
7.2.4.3.1.1. Asian
7.2.4.3.1.2. Italian
7.2.4.3.1.3. Mexican
7.2.4.3.1.4. Others
7.2.4.4. Italy
7.2.4.4.1. By Cuisine Type (Value)
7.2.4.4.1.1. Asian
7.2.4.4.1.2. Italian
7.2.4.4.1.3. Mexican
7.2.4.4.1.4. Others
7.2.4.5. Germany
7.2.4.5.1. By Cuisine Type (Value)
7.2.4.5.1.1. Asian
7.2.4.5.1.2. Italian
7.2.4.5.1.3. Mexican
7.2.4.5.1.4. Others
7.2.4.6. Rest of Europe
7.2.4.6.1. By Cuisine Type (Value)
7.2.4.6.1.1. Asian
7.2.4.6.1.2. Italian
7.2.4.6.1.3. Mexican
7.2.4.6.1.4. Others
8. Asia Pacific Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Cuisine Type
8.2.1.1. Asian
8.2.1.2. Italian
8.2.1.3. Mexican
8.2.1.4. Others
8.2.2. By Food Type
8.2.2.1. Veg
8.2.2.2. Non-Veg
8.2.3. By Distribution Channel
8.2.3.1. Hypermarkets/Supermarkets
8.2.3.2. Convenience Stores
8.2.3.3. Grocery Stores
8.2.3.4. Online Sales Channel
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Cuisine Type (Value)
8.2.4.1.1.1. Asian
8.2.4.1.1.2. Italian
8.2.4.1.1.3. Mexican
8.2.4.1.1.4. Others
8.2.4.2. India
8.2.4.2.1. By Cuisine Type (Value)
8.2.4.2.1.1. Asian
8.2.4.2.1.2. Italian
8.2.4.2.1.3. Mexican
8.2.4.2.1.4. Others
8.2.4.3. Japan
8.2.4.3.1. By Cuisine Type (Value)
8.2.4.3.1.1. Asian
8.2.4.3.1.2. Italian
8.2.4.3.1.3. Mexican
8.2.4.3.1.4. Others
8.2.4.4. Australia
8.2.4.4.1. By Cuisine Type (Value)
8.2.4.4.1.1. Asian
8.2.4.4.1.2. Italian
8.2.4.4.1.3. Mexican
8.2.4.4.1.4. Others
8.2.4.5. Rest of Asia Pacific
8.2.4.5.1. By Cuisine Type (Value)
8.2.4.5.1.1. Asian
8.2.4.5.1.2. Italian
8.2.4.5.1.3. Mexican
8.2.4.5.1.4. Others
9. South America Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Cuisine Type
9.2.1.1. Asian
9.2.1.2. Italian
9.2.1.3. Mexican
9.2.1.4. Others
9.2.2. By Food Type
9.2.2.1. Veg
9.2.2.2. Non-Veg
9.2.3. By Distribution Channel
9.2.3.1. Hypermarkets/Supermarkets
9.2.3.2. Convenience Stores
9.2.3.3. Grocery Stores
9.2.3.4. Online Sales Channel
9.2.4. By Country (Value)
9.2.4.1. Argentina
9.2.4.1.1. By Cuisine Type (Value)
9.2.4.1.1.1. Asian
9.2.4.1.1.2. Italian
9.2.4.1.1.3. Mexican
9.2.4.1.1.4. Others
9.2.4.2. Brazil
9.2.4.2.1. By Cuisine Type (Value)
9.2.4.2.1.1. Asian
9.2.4.2.1.2. Italian
9.2.4.2.1.3. Mexican
9.2.4.2.1.4. Others
9.2.4.3. Rest of South America
9.2.4.3.1. By Cuisine Type (Value)
9.2.4.3.1.1. Asian
9.2.4.3.1.2. Italian
9.2.4.3.1.3. Mexican
9.2.4.3.1.4. Others
10. Middle East & Africa Ethnic Food Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Cuisine Type
10.2.1.1. Asian
10.2.1.2. Italian
10.2.1.3. Mexican
10.2.1.4. Others
10.2.2. By Food Type
10.2.2.1. Veg
10.2.2.2. Non-Veg
10.2.3. By Distribution Channel
10.2.3.1. Hypermarkets/Supermarkets
10.2.3.2. Convenience Stores
10.2.3.3. Grocery Stores
10.2.3.4. Online Sales Channel
10.2.4. By Country (Value)
10.2.4.1.
10.2.4.1.1. South Africa
10.2.4.1.1.1. By Cuisine Type (Value)
10.2.4.1.1.1.1. Asian
10.2.4.1.1.1.2. Italian
10.2.4.1.1.1.3. Mexican
10.2.4.1.1.1.4. Others
10.2.4.1.2. Turkey
10.2.4.1.2.1. By Cuisine Type (Value)
10.2.4.1.2.1.1. Asian
10.2.4.1.2.1.2. Italian
10.2.4.1.2.1.3. Mexican
10.2.4.1.2.1.4. Others
10.2.4.1.3. Rest of Middle East & Africa
10.2.4.1.3.1. By Cuisine Type (Value)
10.2.4.1.3.1.1. Asian
10.2.4.1.3.1.2. Italian
10.2.4.1.3.1.3. Mexican
10.2.4.1.3.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Ethnic Food Market Revenue Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. Ajinomoto Co. Inc.
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Associated British Foods PLC
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. McCormick & Company Inc.
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. MTR Foods
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Nestle S.A.
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. General Mills
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Conagra Brands Inc.
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Tasty Bite Edibles Pvt. Ltd.
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Taco Bell
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. B&G Foods
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Appendix

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