Table of Content


"1    INTRODUCTION    39
1.1    OBJECTIVES OF THE STUDY    39
1.2    MARKET DEFINITION    39
1.3    STUDY SCOPE    40
FIGURE 1    UNMANNED SURFACE VEHICLE SEGMENTATION    40
1.3.1    REGIONAL SCOPE    41
1.3.2    YEARS CONSIDERED FOR THE STUDY    41
1.4    CURRENCY & PRICING    42
1.5    USD EXCHANGE RATES    42
1.6    LIMITATIONS    42
1.7    INCLUSIONS & EXCLUSIONS    42
1.8    MARKET STAKEHOLDERS    44
2    RESEARCH METHODOLOGY    45
2.1    RESEARCH DATA    45
FIGURE 2    REPORT PROCESS FLOW    45
FIGURE 3    UNMANNED SURFACE VEHICLES MARKET: RESEARCH DESIGN    46
2.1.1    SECONDARY DATA    47
2.1.1.1    Key data from secondary sources    47
2.1.2    PRIMARY DATA    48
2.1.2.1    Key data from primary sources    48
2.1.2.2    Breakdown of primaries    48
2.1.2.3    Key insights from primary respondents    49
2.2    FACTOR ANALYSIS    49
2.2.1    INTRODUCTION    49
2.2.2    DEMAND-SIDE INDICATORS    50
2.2.2.1    Effect of COVID-19 on USV Market    50
2.2.2.2    Rising defense spending of countries worldwide    50
2.2.3    SUPPLY-SIDE INDICATORS    51
2.2.3.1    Major US defense contractors’ financial trends    51
2.2.3.2    Need for minimizing limitations    51
2.3    MARKET SIZE ESTIMATION    51
2.4    SCOPE    51
2.5    RESEARCH APPROACH & METHODOLOGY    52
2.5.1    BOTTOM-UP APPROACH    52
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    52
2.5.2    TOP-DOWN APPROACH    52
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    52

2.6    DATA TRIANGULATION    53
FIGURE 6    DATA TRIANGULATION    53
2.7    ASSUMPTIONS    54
2.8    RISK ANALYSIS    54
3    EXECUTIVE SUMMARY    55
FIGURE 7    BY DEFENSE APPLICATION, MINE COUNTERMEASURE SEGMENT PROJECTED TO LEAD UNMANNED SURFACE VEHICLE MARKET FROM 2021 TO 2026    56
FIGURE 8    BY SIZE, SMALL SEGMENT PROJECTED TO REGISTER HIGHEST CAGR FROM  2021 TO 2026    56
FIGURE 9    BY PROPULSION SYSTEM, DIESEL/GASOLINE ENGINE SEGMENT PROJECTED TO LEAD UNMANNED SURFACE VEHICLE MARKET FROM 2021 TO 2026    57
FIGURE 10    ASIA PACIFIC UNMANNED SURFACE VEHICLE MARKET TO REGISTER HIGHEST CAGR FROM 2021 TO 2026    58
4    PREMIUM INSIGHTS    59
4.1    ATTRACTIVE OPPORTUNITIES IN UNMANNED SURFACE VEHICLE MARKET    59
FIGURE 11    SIGNIFICANT USV DEPLOYMENT BY MILITARIES TO DRIVE MARKET    59
4.2    UNMANNED SURFACE VEHICLE MARKET, BY SIZE    59
FIGURE 12    LARGE SEGMENT ESTIMATED TO ACCOUNT FOR LARGEST MARKET  SHARE
IN 2021    59
4.3    UNMANNED SURFACE VEHICLE MARKET, BY ENDURANCE    60
FIGURE 13    100-500 HOURS SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    60
4.4    UNMANNED SURFACE VEHICLE MARKET, BY COUNTRY    60
FIGURE 14    INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD    60
5    MARKET OVERVIEW    61
5.1    INTRODUCTION    61
5.2    MARKET DYNAMICS    62
FIGURE 15    UNMANNED SURFACE VEHICLE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    62
5.2.1    DRIVERS    62
5.2.1.1    Increased demand for water quality monitoring and ocean data mapping    62
5.2.1.2    Rise in asymmetric threats and need for maritime security    63
FIGURE 16    NUMBER OF ACTUAL AND ATTEMPTED PIRACY ATTACKS IN SELECTED TERRITORIES WORLDWIDE IN 2020, BY COUNTRY    63
5.2.1.3    Increasing capital expenditure of companies in offshore oil & gas industry    64
5.2.2    RESTRAINTS    64
5.2.2.1    Presence of low-cost substitutes such as UUVs    64
5.2.3    OPPORTUNITIES    64
5.2.3.1    Advancements in USV design    64
5.2.3.2    High demand for unmanned surface vehicles for combat operations    64
5.2.4    CHALLENGES    65
5.2.4.1    Unclear navigation rules and need for human intervention    65
5.2.4.2    Development of collision avoidance systems and networking issues    65
5.3    COVID-19 IMPACT ON USV MARKET    65
FIGURE 17    COVID-19 IMPACT ON UNMANNED SURFACE VEHICLE MARKET    66
5.3.1    DEMAND-SIDE IMPACT    67
5.3.1.1    Key developments from January 2018 to October 2021    67
TABLE 1    KEY DEVELOPMENTS IN UNMANNED SURFACE VEHICLE MARKET,
2018-2021    67
5.3.2    SUPPLY-SIDE IMPACT    68
5.3.2.1    Key developments from January 2020 to June 2021    68
TABLE 2    KEY DEVELOPMENTS IN UNMANNED SURFACE VEHICLE MARKET,
2019-2021    68
5.4    TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS    69
5.4.1    REVENUE SHIFT AND NEW REVENUE POCKETS FOR UNMANNED SURFACE VEHICLE MANUFACTURERS    69
FIGURE 18    REVENUE SHIFT IN UNMANNED SURFACE VEHICLE MARKET    69
5.5    AVERAGE SELLING PRICE ANALYSIS OF UNMANNED SURFACE VEHICLE, 2020    70
TABLE 3    AVERAGE SELLING PRICE ANALYSIS OF UNMANNED SURFACE VEHICLE
AND COMPONENTS IN 2020    70
5.6    UNMANNED SURFACE VEHICLE MARKET ECOSYSTEM    70
5.6.1    PROMINENT COMPANIES    70
5.6.2    PRIVATE AND SMALL ENTERPRISES    70
5.6.3    END USERS    70
FIGURE 19    UNMANNED SURFACE VEHICLE MARKET ECOSYSTEM MAP    71
TABLE 4    UNMANNED SURFACE VEHICLE MARKET ECOSYSTEM    71
5.7    TECHNOLOGY ANALYSIS    72
5.7.1    OBJECT RECOGNITION    72
5.7.2    MAPPING    72
5.7.3    LOCALIZATION    72
5.7.4    PREDICTIVE MAINTENANCE    72
5.7.5    COLLISION AVOIDANCE TOOL    73
5.8    USE CASE ANALYSIS    73
5.8.1    USE CASE: LAR    73
5.8.2    USE CASE: AUTONOMOUS CARGO SHIPS    73
5.8.3    USE CASE: OCEANOGRAPHY    74
5.9    VALUE CHAIN ANALYSIS OF UNMANNED SURFACE VEHICLE MARKET    74
FIGURE 20    VALUE CHAIN ANALYSIS    74
5.10    PORTER’S FIVE FORCES ANALYSIS    76
5.10.1    THREAT OF NEW ENTRANTS    76
5.10.2    THREAT OF SUBSTITUTES    76

5.10.3    BARGAINING POWER OF SUPPLIERS    77
5.10.4    BARGAINING POWER OF BUYERS    77
5.10.5    RIVALRY AMONGST EXISTING CUSTOMERS    77
5.11    TARIFF AND REGULATORY LANDSCAPE    77
6    INDUSTRY TRENDS    78
6.1    INTRODUCTION    78
6.2    TECHNOLOGY TRENDS    78
6.2.1    ANTI-COLLISION TECHNOLOGY    78
6.2.2    MODULAR SYSTEMS    78
6.2.3    MARITIME SWARMING TECHNOLOGY    79
6.3    SUPPLY CHAIN ANALYSIS    79
FIGURE 21    SUPPLY CHAIN ANALYSIS    80
6.4    IMPACT OF MEGA TRENDS    80
6.4.1    UNMANNED SURFACE VEHICLES AS WEAPONS OF WAR    80
6.4.2    CARACAS TECHNOLOGY    80
6.4.3    DATA DISSEMINATION    80
6.4.4    LAUNCH AND RECOVERY SYSTEMS    81
6.4.5    SYSTEM TO REFUEL AT SEA    81
6.4.6    COLLABORATIVE UNMANNED SYSTEMS    81
6.4.7    SPECIAL MONITORING OF APPLIED RESPONSE TECHNOLOGY (SMART)    81
6.4.8    ARTIFICIAL INTELLIGENCE FOR UNMANNED SURFACE VEHICLES    82
6.4.9    MARITIME AUTONOMY SURFACE TESTBED (MAST)    82
6.4.10    3D PRINTING IN UNMANNED SURFACE VEHICLES    82
6.5    INNOVATIONS AND PATENT REGISTRATIONS    83
TABLE 5    INNOVATIONS & PATENT REGISTRATIONS    83
7    UNMANNED SURFACE VEHICLE MARKET, BY APPLICATION    86
7.1    INTRODUCTION    87
FIGURE 22    UNMANNED SURFACE VEHICLE MARKET, BY APPLICATION,  
2021-2026 (USD MILLION)    87
TABLE 6    UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2018–2020 (USD MILLION)    88
TABLE 7    UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2021–2026 (USD MILLION)    88
7.2    DEFENSE    88
TABLE 8    UNMANNED SURFACE VEHICLE MARKET SIZE, BY DEFENSE APPLICATION,  2018–2020 (USD MILLION)    89
TABLE 9    UNMANNED SURFACE VEHICLE MARKET SIZE, BY DEFENSE APPLICATION,  2021–2026 (USD MILLION)    89
7.2.1    INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)    89
7.2.1.1    Increasing demand for USV for their ISR capabilities    89

7.2.2    MINE COUNTERMEASURE    90
7.2.2.1    Increasing adoption of USVs for minesweeping and mine identification    90
7.2.3    HYDROGRAPHIC SURVEY    90
7.2.3.1    Unmanned surface vehicles are capable of performing coastal surveillance and port patrol operations    90
7.2.4    ANTI-SUBMARINE WARFARE (ASW)    90
7.2.4.1    Increased demand for unmanned surface vehicles for use in  anti-submarine warfare    90
7.2.5    ELECTRONIC WARFARE    91
7.2.5.1    Key focus on developing USVs for use in electronic warfare    91
7.2.6    COMMUNICATION    91
7.2.6.1    Strategic & tactical superiority of unmanned systems and communication technology to drive the market    91
7.2.7    NAVAL WARFARE    91
7.2.7.1    USVs are deployed in missions to mitigate and eliminate risks to friendly forces without affecting onboard ship crew    91
7.2.8    FIREFIGHTING    91
7.2.8.1    USVs are deployed for firefighting and rescue operations as they are highly prompt and convenient    91
7.3    COMMERCIAL    92
TABLE 10    UNMANNED SURFACE VEHICLE MARKET SIZE, BY COMMERCIAL APPLICATION,  2018–2020 (USD MILLION)    92
TABLE 11    UNMANNED SURFACE VEHICLE MARKET SIZE, BY COMMERCIAL APPLICATION,  2021–2026 (USD MILLION)    92
7.3.1    WEATHER MONITORING    93
7.3.1.1    Use of autonomous observing systems, such as USVs, led to possibility of collection of different types of ocean data    93
7.3.2    SEARCH AND RESCUE    93
7.3.2.1    Better reliability for offshore rescue operations driving growth of
USV market    93
7.3.3    ENVIRONMENT MONITORING    93
7.3.3.1    Increasing need for real-time data for weather forecast analysis
and monitoring    93
7.3.4    INFRASTRUCTURE INSPECTION    94
7.3.4.1    USVs being used to reduce costs incurred in maintenance and
repair of bridges and related infrastructure    94
7.3.5    HYDROGRAPHIC SURVEY    94
7.3.5.1    Increasing demand for USVs for surveying shallow depths of
water bodies and areas along shores    94
7.3.6    SECURITY    94
7.3.6.1    Increasing threats over ports to drive segment    94
7.3.7    FIREFIGHTING    95
7.3.7.1    Increasing demand for shallow water firefighting USVs to
drive market    95

8    UNMANNED SURFACE VEHICLE MARKET, BY SYSTEM    96
8.1    INTRODUCTION    97
FIGURE 23    BY SYSTEM, PAYLOAD SEGMENT PROJECTED TO REGISTER HIGHEST CAGR FROM 2021 TO 2026    97
TABLE 12    UNMANNED SURFACE VEHICLE MARKET SIZE, BY SYSTEM,
2018–2020 (USD MILLION)    97
TABLE 13    UNMANNED SURFACE VEHICLE MARKET SIZE, BY SYSTEM,
2021–2026 (USD MILLION)    98
8.2    PROPULSION, BY TYPE    98
TABLE 14    UNMANNED SURFACE VEHICLE PROPULSION MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    98
TABLE 15    UNMANNED SURFACE VEHICLE PROPULSION MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    99
8.2.1    DIESEL/GASOLINE ENGINE    99
8.2.1.1    Most USVs are powered by diesel/gasoline engines as they provide higher energy and higher payload capacity    99
8.2.2    RENEWABLE    99
8.2.2.1    Solar-powered USVs reduce operating and maintenance costs as compared to other systems    99
8.2.3    HYBRID    99
8.2.3.1    Hybrid energy sources ensure significant improvements in endurance and payload weight carrying capacity of USVs    99
8.2.4    ELECTRIC    100
8.2.4.1    High demand for lithium-ion battery-based electric propulsion systems due to their high specific density, high voltage, and ability to operate in wide temperature range    100
8.3    COMMUNICATION, BY TYPE    100
TABLE 16    UNMANNED SURFACE VEHICLE COMMUNICATION MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    100
TABLE 17    UNMANNED SURFACE VEHICLE COMMUNICATION MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    101
8.3.1    RADIO    101
8.3.1.1    Use of radios in USVs to receive commands from ground stations    101
8.3.2    WI-FI    101
8.3.2.1    Increasing use of Wi-Fi-based communication in USVs for small range operations    101
8.3.3    SATELLITE    101
8.3.3.1    Higher adoption of satellite communications in USVs to ensure uninterrupted connectivity in harsh maritime conditions    101
8.3.4    UHF/VHF    101
8.3.4.1    UHF/VHF communications in USVs suitable for beyond line of sight or beyond the horizon operations    101
8.3.5    OTHERS    102

8.4    PAYLOAD, BY TYPE    102
TABLE 18    UNMANNED SURFACE VEHICLE PAYLOAD MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    102
TABLE 19    UNMANNED SURFACE VEHICLE PAYLOAD MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    102
8.4.1    CAMERA    103
8.4.1.1    Increasing use of various cameras as payload in USVs for precise visual and thermal data collection    103
8.4.2    SENSOR    103
8.4.2.1    Most critical payload in USVs used to examine undersea cables and classify wide variety of chemicals in seawater    103
8.4.3    SONAR    103
8.4.3.1    Increasing use of SONAR in USVs for motion sensing and collision avoidance    103
8.4.4    X-BAND MARINE RADAR    103
8.4.4.1    Demand for X-band radars in USVs to understand sea dynamics    103
8.4.5    VISUAL SYSTEM    103
8.4.5.1    Visual systems widely used in navy operations, such as rapid mine clearance and search & rescue    103
8.4.6    LIDAR    104
8.4.6.1    USVs equipped with LiDAR components to be used for remote sensing    104
8.4.7    ECHO SOUNDER    104
8.4.7.1    Echo sounders are used in USV for bathymetry and other hydrographic surveys    104
8.4.8    OTHERS    104
8.5    CHASSIS MATERIAL, BY TYPE    104
TABLE 20    UNMANNED SURFACE VEHICLE CHASSIS MATERIAL MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    104
TABLE 21    UNMANNED SURFACE VEHICLE CHASSIS MATERIAL MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    105
8.5.1    ALUMINUM    105
8.5.1.1    Aluminum accounts for major share in USV materials    105
8.5.2    CARBON FIBER    105
8.5.2.1    Carbon fibers have second-highest adoption due to their high stiffness and low weight    105
8.5.3    THERMOPLASTIC    105
8.5.3.1    Better resistance to chemical attack to drive growth of segment    105
8.5.4    FIBERGLASS    105
8.5.4.1    Fiberglass expected to register highest CAGR in USV chassis material segment    105
8.6    COMPONENT, BY TYPE    106
TABLE 22    UNMANNED SURFACE VEHICLE COMPONENT MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    106
TABLE 23    UNMANNED SURFACE VEHICLE COMPONENT MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    106
8.6.1    MOTOR    106
8.6.1.1    Motor accounts for major share in USV components    106
8.6.2    NAVIGATION, GUIDANCE, AND CONTROL (NGC) SYSTEM    106
8.6.2.1    NGC subsegment projected to register highest CAGR    106
8.6.3    HARDWARE    106
8.6.3.1    Adoption of autonomous components increasing in USV market    106
8.6.4    SOFTWARE    107
9    UNMANNED SURFACE VEHICLE MARKET, BY ENDURANCE    108
9.1    INTRODUCTION    109
FIGURE 24    BY ENDURANCE, 100-500 HOURS SEGMENT PROJECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD    109
TABLE 24    UNMANNED SURFACE VEHICLE MARKET SIZE, BY ENDURANCE,  
2018–2020 (USD MILLION)    109
TABLE 25    UNMANNED SURFACE VEHICLE MARKET SIZE, BY ENDURANCE,  
2021–2026 (USD MILLION)    109
9.2    <100 HOURS    110
9.2.1    USVS WITH <100 HOURS ENDURANCE WIDELY ADOPTED IN COMMERCIAL AND DEFENSE APPLICATIONS FOR DATA COLLECTION    110
9.3    100–500 HOURS    110
9.3.1    USVS WITH ENDURANCE RANGE OF 100–500 HOURS MOSTLY USED IN COMMERCIAL APPLICATIONS, SUCH AS OCEANOGRAPHY & RIVER MAPPING    110
9.4    500–1,000 HOURS    110
9.4.1    USVS WITH ENDURANCE RANGE OF 500–1,000 HOURS MOSTLY USED FOR OILFIELD SERVICES    110
9.5    >1,000 HOURS    110
9.5.1    USVS WITH ENDURANCE RANGE OF >1,000 HOURS ARE WIDELY USED IN MILITARY APPLICATIONS, SUCH AS IISR, MCM, ASW, AND AMD MISSIONS    110
10    UNMANNED SURFACE VEHICLE MARKET, BY HULL TYPE    111
10.1    INTRODUCTION    112
FIGURE 25    BY HULL TYPE, SINGLE SEGMENT ESTIMATED TO LEAD UNMANNED SURFACE VEHICLE MARKET IN 2021    112
TABLE 26    UNMANNED SURFACE VEHICLE MARKET SIZE, BY HULL TYPE,
2018–2020 (USD MILLION)    112
TABLE 27    UNMANNED SURFACE VEHICLE MARKET SIZE, BY HULL TYPE,
2021–2026 (USD MILLION)    112
10.2    SINGLE    113
10.2.1    SINGLE HULL TYPES PREFERRED OVER OTHER HULL TYPES DUE TO THEIR CONVENIENT MOUNTING AND LOADING CAPABILITIES    113
10.3    TWIN    113
10.3.1    CATAMARAN SEGMENT TO WITNESS SECOND-HIGHEST CAGR    113
10.4    TRIPLE    113
10.4.1    INCREASING DEMAND FOR TRIMARANS DUE TO THEIR GREATER SYSTEM STABILITY AND MINIMIZED RISK OF CAPSIZING IN ROUGH WATER    113

10.5    RIGID INFLATABLE    113
10.5.1    RIGID INFLATABLE HULLS ARE SUITABLE FOR MILITARY APPLICATIONS DUE TO THEIR GREATER ENDURANCE AND PAYLOAD CAPACITY    113
11    UNMANNED SURFACE VEHICLE MARKET, BY CRUISING SPEED    114
11.1    INTRODUCTION    115
FIGURE 26    BY CRUISING SPEED, >30 KNOTS SEGMENT ESTIMATED TO LEAD UNMANNED SURFACE VEHICLE MARKET IN 2018    115
TABLE 28    UNMANNED SURFACE VEHICLE MARKET SIZE, BY CRUISING SPEED,  
2018–2020 (USD MILLION)    115
TABLE 29    UNMANNED SURFACE VEHICLE MARKET SIZE, BY CRUISING SPEED,  
2021–2026 (USD MILLION)    115
11.2    LESS THAN 10 KNOTS    116
11.2.1    USEFUL FOR HYDROGRAPHIC SURVEYS    116
11.3    10-30 KNOTS    116
11.3.1    INCREASING DEMAND FOR LAR OPERATIONS    116
11.4    MORE THAN 30 KNOTS    116
11.4.1    INCREASING DEMAND FOR DEFENSE APPLICATIONS    116
12    UNMANNED SURFACE VEHICLE MARKET, BY TYPE    117
12.1    INTRODUCTION    118
FIGURE 27    BY TYPE, REMOTELY OPERATED SURFACE VEHICLE SEGMENT PROJECTED TO REGISTER HIGHER CAGR FROM 2021 TO 2026    118
TABLE 30    UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION)    118
TABLE 31    UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION)    119
12.2    REMOTELY OPERATED SURFACE VEHICLE    119
12.2.1    ENHANCED OPERATIONAL EFFICIENCY OF REMOTELY OPERATED SURFACE VEHICLES GENERATES EXTENSIVE GROWTH OPPORTUNITIES FOR MANUFACTURERS    119
12.3    AUTONOMOUS SURFACE VEHICLE    119
12.3.1    HUGE DEMAND FOR AUTONOMOUS SURFACE VEHICLES TO HANDLE CRITICAL MISSIONS IN MARINE WARFARE    119
13    UNMANNED SURFACE VEHICLE MARKET, BY SIZE    120
13.1    INTRODUCTION    121
FIGURE 28    BY SIZE, SMALL SEGMENT PROJECTED TO REGISTER HIGHEST CAGR  FROM 2021 TO 2026    121
TABLE 32    UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2018–2020 (USD MILLION)    121
TABLE 33    UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2021–2026 (USD MILLION)    122
13.2    SMALL <3 METERS    122
13.2.1    SMALL-SIZED USVS GAINING TRACTION IN COMMERCIAL SECTOR OWING
TO THEIR WIDE RANGE OF APPLICATIONS    122
13.3    MEDIUM 3-7 METERS    122
13.3.1    MEDIUM-SIZED USVS INCREASINGLY USED FOR PRE-WAR AND POST-WAR MAINTENANCE AND SUPPORT BY NAVAL FORCES    122
13.4    LARGE 7-14 METERS    123
13.4.1    LARGE-SIZED USVS INCREASINGLY USED FOR MINE COUNTERMEASURE MISSIONS, ANTI-SUBMARINE WARFARE, AND MARITIME SHIELDS    123
13.5    EXTRA LARGE >14 METERS    123
13.5.1    EXTRA-LARGE-SIZED USVS USED FOR MISSIONS THAT REQUIRE LARGE PAYLOADS AND HIGH AUTONOMY    123
14    REGIONAL ANALYSIS    124
14.1    INTRODUCTION    125
FIGURE 29    UNMANNED SURFACE VEHICLE MARKET IN ASIA PACIFIC PROJECTED TO REGISTER HIGHEST CAGR FROM 2021 TO 2026    125
TABLE 34    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY REGION,  
2018–2020 (USD MILLION)    125
TABLE 35    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY REGION,  
2021–2026 (USD MILLION)    126
TABLE 36    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    126
TABLE 37    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    126
TABLE 38    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    126
TABLE 39    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    127
TABLE 40    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
 2018–2020 (USD MILLION)    127
TABLE 41    GLOBAL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    127
14.2    NORTH AMERICA    127
14.2.1    PESTLE ANALYSIS: NORTH AMERICA    128
FIGURE 30    NORTH AMERICA UNMANNED SURFACE VEHICLE MARKET SNAPSHOT    129
TABLE 42    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY COUNTRY,  2018–2020 (USD MILLION)    129
TABLE 43    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY COUNTRY,  2021–2026 (USD MILLION)    130
TABLE 44    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    130
TABLE 45    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    130
TABLE 46    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    130
TABLE 47    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    131
TABLE 48    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    131
TABLE 49    NORTH AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    131
14.2.2    US    131
14.2.2.1    US leads USV market with maximum share across countries globally    131
TABLE 50    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2018–2020 (USD MILLION)    132
TABLE 51    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2021–2026 (USD MILLION)    133
TABLE 52    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2018–2020 (USD MILLION)    133
TABLE 53    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2021–2026 (USD MILLION)    133
TABLE 54    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION)    133
TABLE 55    US: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION)    134
14.2.3    CANADA    134
14.2.3.1    Canadian government’s strategic decision to develop its own indigenous marine industry to grow market    134
TABLE 56    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    134
TABLE 57    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    135
TABLE 58    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    135
TABLE 59    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    135
TABLE 60    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    135
TABLE 61    CANADA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    136
14.3    ASIA PACIFIC    136
14.3.1    PESTLE ANALYSIS: ASIA PACIFIC    136
FIGURE 31    ASIA PACIFIC UNMANNED SURFACE VEHICLE MARKET SNAPSHOT    138
TABLE 62    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE, BY COUNTRY,  2018–2020 (USD MILLION)    138
TABLE 63    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE, BY COUNTRY,  2021–2026 (USD MILLION)    139
TABLE 64    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    139
TABLE 65    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    139
TABLE 66    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    139
TABLE 67    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    140
TABLE 68    ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    140
TABLE 69    ASIA PACIFIC:: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    140
14.3.2    CHINA    140
14.3.2.1    China increasingly adopting and deploying unmanned systems, such as unmanned surface vehicles    140
TABLE 70    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    141
TABLE 71    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    141
TABLE 72    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    141
TABLE 73    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    142
TABLE 74    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    142
TABLE 75    CHINA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    142
14.3.3    INDIA    142
14.3.3.1    Among all APAC countries, payload-mounted USV market in India expected to grow at highest CAGR during forecast period    142
TABLE 76    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    143
TABLE 77    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    143
TABLE 78    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    143
TABLE 79    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    144
TABLE 80    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    144
TABLE 81    INDIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    144
14.3.4    JAPAN    144
14.3.4.1    Japan to witness significant demand for USVs for border security & surveillance applications due to it being an island    144
TABLE 82    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    145
TABLE 83    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    145
TABLE 84    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    145
TABLE 85    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    145
TABLE 86    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    146
TABLE 87    JAPAN: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    146

14.3.5    SOUTH KOREA    146
14.3.5.1    Continuous development and support of government to drive USV market in South Korea    146
TABLE 88    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    147
TABLE 89    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    147
TABLE 90    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    147
TABLE 91    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    147
TABLE 92    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    148
TABLE 93    SOUTH KOREA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    148
14.3.6    AUSTRALIA    148
14.3.6.1    Continuous development in autonomous systems and support of government to drive USV market in Australia    148
TABLE 94    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    148
TABLE 95    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    149
TABLE 96    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    149
TABLE 97    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    149
TABLE 98    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    149
TABLE 99    AUSTRALIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    150
14.3.7    REST OF APAC    150
TABLE 100    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION, 2018–2020 (USD MILLION)    150
TABLE 101    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    150
TABLE 102    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,  
BY SIZE, 2018–2020 (USD MILLION)    151
TABLE 103    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY SIZE,  2021–2026 (USD MILLION)    151
TABLE 104    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY TYPE,  2018–2020 (USD MILLION)    151
TABLE 105    REST OF ASIA PACIFIC: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY TYPE,  2021–2026 (USD MILLION)    151
14.4    EUROPE    152
14.4.1    PESTLE ANALYSIS: EUROPE    152
FIGURE 32    EUROPE UNMANNED SURFACE VEHICLE MARKET SNAPSHOT    153
TABLE 106    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY COUNTRY,  
2018–2020 (USD MILLION)    154
TABLE 107    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY COUNTRY,  
2021–2026 (USD MILLION)    154
TABLE 108    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    154
TABLE 109    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    155
TABLE 110    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    155
TABLE 111    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    155
TABLE 112    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    155
TABLE 113    EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    156
14.4.2    UK    156
14.4.2.1    UK’s Defense Science and Technology Laboratory creates awareness about USVs by awarding contracts to various companies to demonstrate USVs    156
TABLE 114    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2018–2020 (USD MILLION)    156
TABLE 115    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  
2021–2026 (USD MILLION)    156
TABLE 116    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2018–2020 (USD MILLION)    157
TABLE 117    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2021–2026 (USD MILLION)    157
TABLE 118    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2018–2020 (USD MILLION)    157
TABLE 119    UK: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION)    157
14.4.3    GERMANY    158
14.4.3.1    Germany is developing new technology for USVs for conserving resources by integrating emission-free, air-independent fuel cell propulsion systems with USV modifiable underwater mothership    158
TABLE 120    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    158
TABLE 121    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    158
TABLE 122    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    159
TABLE 123    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    159
TABLE 124    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    159
TABLE 125    GERMANY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    159
14.4.4    FRANCE    160
14.4.4.1    Among all European countries, payload-mounted USV market  in France expected to register highest CAGR during forecast period    160
TABLE 126    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    160
TABLE 127    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    160
TABLE 128    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    161
TABLE 129    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    161
TABLE 130    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    161
TABLE 131    FRANCE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    161
14.4.5    ITALY    162
14.4.5.1    Italy mostly uses USVs for exploring archeological sites in North Tyrrhenian Sea    162
TABLE 132    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    162
TABLE 133    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    163
TABLE 134    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2018–2020 (USD MILLION)    163
TABLE 135    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,
2021–2026 (USD MILLION)    163
TABLE 136    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    163
TABLE 137    ITALY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    164
14.4.6    NORWAY    164
14.4.6.1    USVs are used for coastal surveillance and combatting illegal drug trade in Spain    164
TABLE 138    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    164
TABLE 139    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    164
TABLE 140    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    165
TABLE 141    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    165
TABLE 142    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    165
TABLE 143    NORWAY: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    165
14.4.7    REST OF EUROPE    166
TABLE 144    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    166
TABLE 145    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    166
TABLE 146    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY SIZE,  2018–2020 (USD MILLION)    166
TABLE 147    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    167
TABLE 148    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    167
TABLE 149    REST OF EUROPE: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    167"
"14.5    MIDDLE EAST    167
14.5.1    PESTLE ANALYSIS: MIDDLE EAST    168
FIGURE 33    MIDDLE EAST UNMANNED SURFACE VEHICLE MARKET SNAPSHOT    169
TABLE 150    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY COUNTRY,  2018–2020 (USD MILLION)    169
TABLE 151    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY REGION,  2021–2026 (USD MILLION)    170
TABLE 152    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    170
TABLE 153    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    170
TABLE 154    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    170
TABLE 155    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    171
TABLE 156    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    171
TABLE 157    MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    171
14.5.2    SAUDI ARABIA    172
14.5.2.1    Need for cyber-defense boosts market in Saudi Arabia    172
TABLE 158    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    172
TABLE 159    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    172
TABLE 160    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    172
TABLE 161    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    173
TABLE 162    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    173
TABLE 163    SAUDI ARABIA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    173
14.5.3    ISRAEL    173
14.5.3.1    Military modernization programs and development of capabilities of Israel-based defense organizations drive market    173
TABLE 164    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    174
TABLE 165    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    174
TABLE 166    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    174
TABLE 167    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    175
TABLE 168    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    175
TABLE 169    ISRAEL: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    175
14.5.4    REST OF MIDDLE EAST    175
TABLE 170    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION, 2018–2020 (USD MILLION)    175
TABLE 171    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION, 2021–2026 (USD MILLION)    176
TABLE 172    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY SIZE,  2018–2020 (USD MILLION)    176
TABLE 173    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY SIZE,  2021–2026 (USD MILLION)    176
TABLE 174    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY TYPE,  2018–2020 (USD MILLION)    176
TABLE 175    REST OF MIDDLE EAST: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY TYPE,  2021–2026 (USD MILLION)    177
14.6    REST OF THE WORLD    177
TABLE 176    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY REGION,  2018–2020 (USD MILLION)    177
TABLE 177    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY REGION,  2021–2026 (USD MILLION)    177
TABLE 178    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    178
TABLE 179    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    178
TABLE 180    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    178
TABLE 181    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    178
TABLE 182    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    179
TABLE 183    REST OF WORLD: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    179
14.6.1    LATIN AMERICA    179
14.6.1.1    Heavy investment in offshore oil and gas drilling activities to
drive market    179
TABLE 184    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2018–2020 (USD MILLION)    179
TABLE 185    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE,
BY APPLICATION,  2021–2026 (USD MILLION)    180
TABLE 186    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2018–2020 (USD MILLION)    180
TABLE 187    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  2021–2026 (USD MILLION)    180
TABLE 188    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2018–2020 (USD MILLION)    180
TABLE 189    LATIN AMERICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  2021–2026 (USD MILLION)    181
14.6.2    AFRICA    181
14.6.2.1    Growth of commercial application segment of USVs expected to be driven by extensive offshore drilling activities in Africa    181
TABLE 190    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2018–2020 (USD MILLION)    181
TABLE 191    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY APPLICATION,  2021–2026 (USD MILLION)    181
TABLE 192    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2018–2020 (USD MILLION)    182
TABLE 193    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY SIZE,  
2021–2026 (USD MILLION)    182
TABLE 194    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2018–2020 (USD MILLION)    182
TABLE 195    AFRICA: UNMANNED SURFACE VEHICLE MARKET SIZE, BY TYPE,  
2021–2026 (USD MILLION)    182
15    COMPETITIVE LANDSCAPE    183
15.1    INTRODUCTION    183
TABLE 196    KEY DEVELOPMENTS BY LEADING PLAYERS IN UNMANNED SURFACE VEHICLE MARKET BETWEEN 2018 AND 2021    183
15.2    REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020    185
FIGURE 34    REVENUE ANALYSIS OF LEADING PLAYERS IN UNMANNED SURFACE VEHICLE MARKET, 2020    185
15.3    MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2020    186
FIGURE 35    MARKET SHARE ANALYSIS OF LEADING PLAYERS IN UNMANNED SURFACE VEHICLE MARKET, 2020    186
TABLE 197    UNMANNED SURFACE VEHICLE MARKET: DEGREE OF COMPETITION    186
15.4    COMPANY EVALUATION QUADRANT    188
15.4.1    UNMANNED SURFACE VEHICLE MARKET COMPETITIVE LEADERSHIP MAPPING    188
15.4.1.1    Star    188
15.4.1.2    Emerging Leaders    188
15.4.1.3    Pervasive    188
15.4.1.4    Participant    188
FIGURE 36    UNMANNED SURFACE VEHICLE MARKET (GLOBAL) COMPANY  EVALUATION MATRIX    189
15.4.2    UNMANNED SURFACE VEHICLE MARKET COMPETITIVE LEADERSHIP MAPPING (SME)    189
15.4.2.1    Progressive companies    189
15.4.2.2    Responsive companies    189
15.4.2.3    Starting blocks    190
15.4.2.4    Dynamic companies    190
FIGURE 37    UNMANNED SURFACE VEHICLE MARKET (SME) COMPETITIVE LEADERSHIP MAPPING, 2020    190

15.5    COMPANY PRODUCT FOOTPRINT ANALYSIS    191
TABLE 198    COMPANY FOOTPRINT    191
TABLE 199    COMPANY PRODUCT FOOTPRINT    192
TABLE 200    COMPANY REGION FOOTPRINT    193
15.6    COMPETITIVE SCENARIO AND TRENDS    194
15.6.1    DEALS    194
TABLE 201    UNMANNED SURFACE VEHICLE MARKET, DEALS, 2018–2021    194
15.6.2    PRODUCT LAUNCHES    196
TABLE 202    AIRCRAFT PROPELLER SYSTEM MARKET, PRODUCT LAUNCHES, 2017–2021    196
16    COMPANY PROFILES    198
(Business overview, Products/solutions/services offered, Recent Developments, MNM view)*
16.1    INTRODUCTION    198
16.2    KEY PLAYERS    199
16.2.1    L3HARRIS TECHNOLOGIES    199
TABLE 203    L3HARRIS TECHNOLOGIES: BUSINESS OVERVIEW    199
FIGURE 38    L3HARRIS TECHNOLOGIES: COMPANY SNAPSHOT    200
TABLE 204    L3HARRIS TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    200
TABLE 205    L3HARRIS TECHNOLOGIES: PRODUCT DEVELOPMENTS    201
TABLE 206    L3HARRIS TECHNOLOGIES: DEALS    201
16.2.2    TELEDYNE TECHNOLOGIES    203
TABLE 207    TELEDYNE TECHNOLOGIES: BUSINESS OVERVIEW    203
FIGURE 39    TELEDYNE TECHNOLOGIES: COMPANY SNAPSHOT    204
TABLE 208    TELEDYNE TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    204
TABLE 209    TELEDYNE TECHNOLOGIES: PRODUCT DEVELOPMENTS    205
TABLE 210    TELEDYNE TECHNOLOGIES: DEALS    206
16.2.3    TEXTRON    207
TABLE 211    TEXTRON: BUSINESS OVERVIEWS    207
FIGURE 40    TEXTRON: COMPANY SNAPSHOT    208
TABLE 212    TEXTRON: PRODUCTS/SOLUTIONS/SERVICES OFFERED    208
TABLE 213    TEXTRON: DEALS    209
16.2.4    ECA GROUP    211
TABLE 214    ECA GROUP: BUSINESS OVERVIEW    211
TABLE 215    ECA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    211
TABLE 216    ECA GROUP: DEAL    212
16.2.5    ELBIT SYSTEMS    214
TABLE 217    ELBIT SYSTEMS: BUSINESS OVERVIEW    214
FIGURE 41    ELBIT SYSTEMS: COMPANY SNAPSHOT    214
TABLE 218    ELBIT SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    215
TABLE 219    ELBIT SYSTEM: PRODUCT DEVELOPMENTS    215
TABLE 220    ELBIT SYSTEMS: DEAL    216
16.2.6    SEAROBOTICS    218
TABLE 221    SEAROBOTICS: BUSINESS OVERVIEW    218
TABLE 222    SEAROBOTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    218
TABLE 223    SEAROBOTICS: PRODUCT DEVELOPMENTS    219
TABLE 224    SEAROBOTICS: DEAL    219
16.2.7    SAAB AB    220
TABLE 225    SAAB AB: BUSINESS OVERVIEW    220
FIGURE 42    SAAB AB: COMPANY SNAPSHOT    220
TABLE 226    SAAB AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    221
16.2.8    RAFAEL ADVANCED DEFENSE SYSTEMS    222
TABLE 227    RAFAEL ADVANCED DEFENSE SYSTEMS: BUSINESS OVERVIEW    222
TABLE 228    RAFAEL ADVANCED DEFENSE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    222
16.2.9    5G INTERNATIONAL    224
TABLE 229    5G INTERNATIONAL: BUSINESS OVERVIEW    224
TABLE 230    5G INTERNATIONAL: PRODUCT/SOLUTIONS/SERVICES OFFERED    224
16.2.10    LIQUID ROBOTICS    225
TABLE 231    LIQUID ROBOTICS: BUSINESS OVERVIEW    225
TABLE 232    LIQUID ROBOTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    225
TABLE 233    LIQUID ROBOTICS: DEALS    225
16.2.11    MARITIME TACTICAL SYSTEMS (MARTAC)    226
TABLE 234    MARTAC: BUSINESS OVERVIEW    226
TABLE 235    MARTAC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    226
16.2.12    THALES    227
TABLE 236    THALES: BUSINESS OVERVIEW    227
FIGURE 43    THALES: COMPANY SNAPSHOT    228
TABLE 237    THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    228
16.2.13    ATLAS ELEKTRONIK GMBH    229
TABLE 238    ATLAS ELEKTRONIK GMBH: BUSINESS OVERVIEW    229
TABLE 239    ATLAS ELEKTRONIK GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    229
16.2.14    CLEARPATH ROBOTICS    230
TABLE 240    CLEARPATH ROBOTICS: BUSINESS OVERVIEW    230
TABLE 241    CLEARPATH ROBOTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    230
16.2.15    OCEAN AERO    231
TABLE 242    OCEAN AERO: BUSINESS OVERVIEW    231
TABLE 243    OCEAN AERO: PRODUCTS/SOLUTIONS/SERVICES OFFERED    231
TABLE 244    OCEAN AERO: DEAL    231
16.2.16    DEEP OCEAN ENGINEERING    232
TABLE 245    DEEP OCEAN ENGINEERING: BUSINESS OVERVIEW    232
TABLE 246    DEEP OCEAN ENGINEERING: PRODUCTS/SOLUTIONS/SERVICES OFFERED    232
16.2.17    MARINE ADVANCED RESEARCH    233
TABLE 247    MARINE ADVANCED RESEARCH: BUSINESS OVERVIEW    233
TABLE 248    MARINE ADVANCED RESEARCH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    233
16.2.18    SAILDRONE    234
TABLE 249    SAILDRONE: BUSINESS OVERVIEW    234
TABLE 250    SAILDRONE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    234
TABLE 251    SAILDRONE: DEAL    235
16.2.19    SEAFLOOR SYSTEMS    236
TABLE 252    SEAFLOOR SYSTEMS: BUSINESS OVERVIEW    236
TABLE 253    SEAFLOOR SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    236
16.3    OTHER PLAYERS    237
16.3.1    ZHUHAI YUNZHOU INTELLIGENCE TECHNOLOGY    237
TABLE 254    ZHUHAI YUNZHOU INTELLIGENCE TECHNOLOGY: BUSINESS OVERVIEW    237
TABLE 255    ZHUHAI YUNZHOU INTELLIGENCE TECHNOLOGY: PRODUCTS/SOLUTIONS/ SERVICES OFFERED    237
16.3.2    MARITIME ROBOTICS    238
TABLE 256    MARITIME ROBOTICS: BUSINESS OVERVIEW    238
TABLE 257    MARITIME ROBOTICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    238
16.3.3    QINETIQ    239
TABLE 258    QINETIQ: BUSINESS OVERVIEW    239
TABLE 259    QINETIQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED    239
16.3.4    OCIUS TECHNOLOGIES    240
TABLE 260    OCIUS TECHNOLOGIES: BUSINESS OVERVIEW    240
TABLE 261    OCIUS TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    240
TABLE 262    OCIUS TECHNOLOGIES: DEAL    241
16.3.5    KONGSBERG    242
TABLE 263    KONGSBERG: BUSINESS OVERVIEW    242
TABLE 264    KONGSBERG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    242
*Details on Business overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
17    APPENDIX    243
17.1    DISCUSSION GUIDE    243
17.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    246
17.3    RELATED REPORTS    248
17.4    AUTHOR DETAILS    249"