Global Unmanned Surface Vehicle (USV) Market Size, Industry Share, Growth & Forecast To 2025
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In February 2020, the US Navy selected 40 companies to develop USVs which will share contracts amounting to $982.1 million to support the USV family of systems. The contract is for five years and comprises three one-year options. All 40 companies will get $1,000 up-front, and in the next five to eight years will compete for individual delivery orders for USV propulsion systems, sensor and sensor-processing payloads, integrated unmanned surface vessels, and other phases of advanced USV design. These contractors will focus on vehicle autonomy and navigation, sensors and sensor processing, logistics and sustainment, and ashore and host platform elements. The companies selected to participate in the next-generation unmanned surface vehicle project include BAE Systems, Advanced Acoustic Concepts LLC, Continental Tide Defense Systems Inc., Gibbs & Cox, Inc., L3Harris Technologies and Lockheed Martin Corp.
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In January 2018, Leonardo was awarded the most important project, OCEAN2020, which is associated with the first European Defence Fund's initiative. The project aims to encourage defence capabilities of Europe. This will stimulate technological research of Europe in the naval domain by the incorporation of unmanned platforms in interdiction and surveillance missions. OCEAN2020 project will see unmanned platforms of several kinds (surface, fixed-wing, underwater, rotary wing) combined with command and control centres of naval units'. This will support naval operations for data exchange through satellite, with command and control centres on land. The combined and cooperative application of both manned and unmanned vehicles are shown in the project.
Italian Navy continue to make contributions to OCEAN2020 project, including making available naval assets and helicopters and the development of operational scenarios. The project will comprise two live demonstrations of maritime interdiction and surveillance operations, performed by European fleets with the use of unmanned surface vessels, aircraft, and underwater systems. The Navy considers USVs as a cost-effective, high-endurance, and reconfigurable ships with sufficient capacity to carry several modular payloads. This shift towards USVs is offering an opportunity for increasing application of these vehicles in defense sector, which in turn, will contribute to the growth of the global USV market.
Global USV Market- Segmentation
Global USV Market- Segment by Region
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Middle East and Africa
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