North America Small Unmanned Surface Vehicles Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Size (1-2 M, >2-4 M, and >4-6 M), Payload (Sonars, Camera, GPS, SATCOM, and Others), and Application (Defense, Scientific Research, Disaster Management, Hydrography, and Others)
The North America small unmanned surface vehicles market is expected to grow from US$ 124.16 million in 2021 to US$ 242.21 million by 2028. It is estimated to grow at a CAGR of 10.0% from 2021 to 2028. Marine conservation faces various threats due to increasing coastal populations, high demand for marine resources from consumers and tourists, and environmental degradation impacts on coral reefs, such as damage from bleaching events. Challenges include low enforcement resources, increased ecosystem threats from unrestricted coastal development, and technical planning needs for protected areas. There is an increase in coastal water patrolling to address these concerns. Conservation organizations and government agencies work with partners, propelling the demand for small unmanned surface vehicles. Several countries adopt small USVs for coastal water patrol due to this long-endurance, unmanned vessels that constantly patrol congested and remote lands. There is a rise in the deployment of advanced technologies in small unmanned surface vehicles from military and defense sectors, such as Intelligence, Surveillance and Reconnaissance (ISR), Mine Counter Measures (MCM), and Anti-Submarine warfare, due to increasing asymmetric threats. Today, a war against submarines is carried out by an inter-connected network of surface ships, aircraft, and other submarines. Intelligence, surveillance, and reconnaissance (ISR) continue to be the foundation of ASW (anti-submarine warfare). It is accomplished through an array of sensors used to detect and track the acoustic activity of enemy subs. Recent developments in naval drone technology may lead to a new era of anti-submarine warfare, where sub-hunting robots could take the lead in patrolling the seas. This increasing development by market players for underwater surface vehicles is likely to raise demand for small unmanned surface vehicles for various applications, such as coastal water patrolling and anti-submarine warfare, driving the North America market in the near future.
The COVID-19 pandemic hit almost all industries worldwide, disrupting the supply chain in various sectors, creating a demand & supply gap. The reduction in the investments of automation technologies is one of the pandemic's significant impacts that severely affected the market. However, according to the research study, the market is expected to regain its growth by the second quarter of 2022. Regarding hydrography operations, the COVID-19 has not impacted heavily in the adoption of automation technologies. The marine industry operations have been suspended during one-two quarter of 2020, which affected the demand for unmanned surface vehicles across the region. Also, the need for unmanned systems has increased over the past few years, a trend across marine industry operations. For instance, the defense sector has become one of the most growing markets for unmanned systems across North America, specifically in the US, due to rising investments in the adoption of autonomous unmanned vehicles across the defense industry that has driven the market in 2020.
The 1-2 M segment led the North America small unmanned surface vehicles market based on the size in 2020. 1-2 m unmanned surface vehicle is operated by a remote controller so that users can enjoy a higher level of flexibility and safety in a harsh working environment. These 1-2 m length USVs are an innovative technology that will replace traditional foam buoys and jet skis. It also provides a survey on offshore coasts, shoals, and reefs where traditional manned vessels are unable to enter. There is a rise in the demand for 1-2 m USVs due to rising demand from various applications such as collecting water samples and quality data for water environment monitoring and ocean data mapping. The above advantages and features of 1-2 M small unmanned surface vehicles are expected to increase its demand during the forecast period, driving the North America small unmanned surface vehicles market.
The overall North America small unmanned surface vehicles market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America small unmanned surface vehicles market. The process also serves the purpose of obtaining overview and forecast for the North America small unmanned surface vehicles market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America small unmanned surface vehicles market. Aanderaa Data Instruments AS; AutoNaut Ltd; Eco Marine Power; HYDRONALIX; Liquid Robotics, Inc.; OceanAlpha Group Ltd.; QinetiQ Group plc; SeaRobotics Corporation; and Sirehna are among a few players operating in the North America small unmanned surface vehicles market.
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