WiseGuyReports.Com Publish a New Market Research Report On –“ Unmanned Surface Vehicles (USV) for Defense & Security 2019 Market Segmentation,Application,Technology & Market Analysis Research Report to 2024”.
Unmanned Surface Vehicles (USV) for Defense & Security Market 2019
Speaking about Unmanned Surface Vehicles (USV), these are the machinery that can be operated of controlled remotely on the water surface. They don’t need any human involvement in the operation. They also called autonomous surface vehicles. USVs are quite valuable in oceanology. The reason behind this the USVs cheaper cost and better flexibility. They are quite less expensive than research vessels or weather ships. It has been observed that USVs have increased the interest of defense and security agencies, and they are now investing more in developing better USVs. This will trigger the growth of global USV for Defence and security market.
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Listed Key Players
As per the latest market report, during the forecast period, i.e., from 2018 to 2025, the global market for Unmanned Surface Vehicles (USV) will grow at around 6 percent of Compound Annual Growth Rate. From the year 2018 to 2025, it will grow by USD 8.698 billion. Recently, many countries, NATO members, have started investing heavily in autonomous defense & security systems. Even though the initial focus was on developing uncrewed aerial vehicles, now they are investing in the development of USVs.
There is an increasing requirement to reduce the number of fatalities and protection of life on the battlefield is triggering the demand for USV across the world. One of the primary driving factors for this market is the increasing need for monitoring submarine warfare. The growing demand for reliable, highly efficient, and advanced uncrewed surface vehicles and the latest trend to modernize the defense and security worldwide are expected to propel the market growth. However, the high-cost of crewless surface vehicles is expected to affect the growth rate of the market during the forecast period.
Global Market Segmentation Analysis
The Unmanned Surface Vehicles (USV) for Defense & Security, the Technology market is segmented on the basis of type, and region. Based on type, it is split into Unmanned Surface Vehicles in relation to Unmanned Underwater Vehicles, Unmanned Surface Vehicles for Defense and Security, Unmanned Surface Vehicles for Maritime Mines Countermeasures; Anti-Submarine Warfare; Security and other missions and others. As per the report, Unmanned Surface Vehicles for Defense and Security segment is expected to dominate this segment. Surveillance, intelligence and reconnaissance form an essential part of defense and military operation. For this, various defense agencies are now employing USVs for maximum success. So, this segment will enjoy maximum market share.
Geographical Market Segmentation Analysis
Based on geography, the global market for Unmanned Surface Vehicles (USV) for Defense & Security, Technology is segmented into Europe, Asia Pacific, South America, Middle East & Africa, and North America. Apart from the regions, the report also includes data from some significant countries’ market growth and opportunities. So, the countries included in this latest market report are China, the United States, the United Kingdom, Russia, Korea, India, Japan, Italy, Germany, France, Australia, New Zealand, GCC Countries, and more. As per the statistical data given in the market report, the Middle East and African region is expected to dominate the global market during the forecast period.
Latest Industry News
In 2018, Israel Aerospace Industries launched a new and advanced air and ground robotic system for the surveillance defense system, border patrol, and reconnaissance. This combines both aerial and land capabilities.
Textron System has recently developed some new technologies which will be integrated into is upcoming USVs. The Textron is now planning to acquire some new companies to developed better USVs.
Complete Report Details @ https://www.wiseguyreports.com/reports/3815750-global-unmanned-surface-vehicles-usv-for-defense-security
Table of Contents – Major Key Points
2 Executive Summary
3 Current Technologies and Applications of the Unmanned Surface Vehicles
4 Future Technologies
5 Drivers and Inhibitors
6 Global USV Market Forecasts by Region – 2018-2025
7 Global USV Market Forecast by Market Segments – 2018-2025
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