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Global Unmanned Surface Vehicle (USV) Market is Projected to Grow at a CAGR of 9.85% By 2031

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2 years ago

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Visiongain has published a new report entitled the Unmanned Surface Vehicle (USV) Market 2021-2031. It includes profiles of Unmanned Surface Vehicle (USV) and Forecasts Market Segment by Operation (Remotely Operated Surface Vehicle, Autonomous Surface Vehicle) Market Segment by System (USV Propulsion System, USV Communication System, USV Payload System, USV Chassis Material, USV Component, USV Software) Market Segment by Hull Operation (Kayak (Single Hull), Catamaran (Twin Hulls), Trimaran (Triple Hulls), Rigid Inflatable Hull, Other Hull Operation) Market Segment by Application (Inland & Offshore Survey, Environmental Monitoring, Security & Rescue, Cargo Shipping, Oceanographic Survey, Other Application) Market Segment by Endurance (<100 Hours, 100-500 Hours, 500-1000 Hours, >1000 Hours) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.

The global unmanned surface vehicle (USV) market was valued at US$520 million in 2020 and is projected to grow at a CAGR of 9.85% during the forecast period 2021-2031.

Download Exclusive Sample of Report @ https://www.visiongain.com/report/usv-market-2021/#download_sampe_div

The growing use of USVs in military applications such as border and littoral zone patrol, submarine hunting, minesweeping, ISR, offensive capabilities, and seaborne targets is projected to support the market’s robust expansion. During the forecast period, the market is expected to benefit from the integration of artificial intelligence (AI) in unmanned naval vehicles to better combat operations for command-and-control applications. Furthermore, the expanding commercial applications of USVs in oceanography, exploration, and environmental sciences are likely to boost the market’s growth in the near future. The growing demand for USVs in the oil and gas industry is projected to create profitable business possibilities for the market.

How has COVID-19 had a significant negative impact on the Unmanned Surface Vehicle (USV) Market?

In all industries worldwide, COVID affected supply chains. The military industry is often resilient to global commercial shocks, although cushion defense characteristics have faded in recent years. Although it is still too early to predict precisely whether the industry is flat, shrinking or growing unaffected by the global pandemic, it is very important that defense companies identify what the major impact points are and assess the potential of defense undertakings to influence business plans, supply chains and the underlying lines. This will help to form steps to prevent the storm from happening to companies. Supply side shocks may be one of the most obvious outcomes of the defense pandemic. The initial victims of this pandemic are companies which are based in nations that are hardly touched by the virus or are dependent on supply chains in the countries concerned.

The supplier chain and resource patterns of DTIB will also effect the production, since supply side limitations are more likely to be facing production waits with branching supply networks. The European DTIB has a fair number of branching supply chains with a final platform or solution of multiple components and subsystems from different suppliers. Regulation and repriorisation of the supply chain manufacturing tasks could have an effect on defense production. The probability of such activities cannot be ruled out, particularly when governments are distracting equipment for manufacturing medical devices such as fans.

How this Report Will Benefit you?

Visiongain’s 577+ page report provides 337 tables and 330 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the global unmanned surface vehicle (USV) market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Unmanned Surface Vehicle (USV). Get the financial analysis of the overall market and different segments including type, media, application, gas type and capture higher market share. We believe that high opportunity remains in this fast-growing unmanned surface vehicle (USV) market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report would help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.

What are the current market drivers?

A Platform of Unmanned Surface Vehicle Swarms for Real Time Monitoring in Aquaculture Environments

Aquaculture is one of the fastest-growing food industries. Aquaculture accounted for 47 percent of global fish output, which peaked at over 171 million tons. Aquaculture has been responsible for the continued remarkable rise in the availability of fish for human consumption, despite rather stagnant capture fisheries production. an end-to-end mobile solution for real-time monitoring of aquaculture settings The entire system comprises data collecting equipment, which is comprised of a fleet of USVs outfitted with aquatic and environmental sensors.

The Shipping Industry Is Moving into A New Era with Unmanned and Autonomous Ships

The maritime sector is entering a new age with unmanned and autonomous ships, which will cut emissions while also reducing accidents caused by human mistake. However, others say that the individual, from those who design the system to those who monitor the ship, is still in the loop. As a result, the likelihood of additional undiscovered human mistakes is considerable. The shipmaster or operator will no longer be onboarding the ship, but will instead be stationed in one of eight Shore Control Centers (SCC). If there are any emergencies or unforeseen situations that the automation cannot manage, he must be ready to step in. When watching the ships in the SCC, it might be difficult for the operator to obtain excellent SA. Only visual and auditory cues are provided via monitors. If the captain is onboard, he will use all of his senses to learn about the sea and how the ship reacts to it and the weather. The operator risks losing SA unless a well-designed method to replace the sensory information is found.

Get Detailed TOC @ https://www.visiongain.com/report/usv-market-2021/#download_sampe_div

Where are the market opportunities?

The Supply of Ship Officers To The Shipping Industry Will Not Be Sufficient In Future Years

In the next years, the supply of ship officers will be insufficient for the maritime sector. the scarcity of ship officers would increase in the future years as a result of the increasing number of new structures coming on line and the unwillingness of young people to go to sea. The study found that the current moderate shortage of ship officers in the world merchant fleet will not be resolved unless training is increased or measures are taken to address the situation, and that the current global supply will likely not meet future demand for officers in the next five to ten years.

Enhance The Safety of Navigation and Resolve The Problem Of Human Errors In Maritime Accidents     

Because of different navigational duties and paper work throughout the journey, the ship officer’s responsibilities are growing. Schedules would be particularly tighter for coastal cruises. The navigating officers would be stressed by frequent port calls and lengthy hours of sailing in crowded coastal waters. Due to the insufficient number of navigating officers on board, these stressors may arise as a result of a severe workload, resulting in tiredness and exhaustion. The navigating officer is frequently left in charge of the bridge while also being required to react to circumstances that may not be appropriately seen or responded. Despite the fact that the STCW Convention places strict competency standards for navigating officers, things might go wrong when they are under continual stress

Competitive Landscape

The major players operating in the global USV market are Thales Group Aerospace, SeaRobotics Corp., Liquid Robotics Corporation, RAFAEL Advanced Defense Systems Ltd., L3Harris Technologies Inc., AeroVironment, Inc., Aurora Flight Sciences, Airbus Group SE, Boeing Aerospace, BAE      Systems, Elbit Systems Ltd., Textron Inc., MARTAC | Maritime Tactical Systems, Inc., Atlas Elektronik, Teledyne Technologies Incorporated. These major players operating in this market have adopted various strategies comprising M&A, investment in R&D, collaborations, partnerships, regional business expansion, and new product launch.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence

Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Defense USV Market and leading companies. You will find data, trends and predictions.

Find more research reports on the Military Sector; please click on the following links:

Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: [email protected]

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.

Contact:

Dev Visavadia
PR at Visiongain Reports Limited
Tel: + 44 0207 336 6100
Email: [email protected]

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Artificial Intelligence

Elevate Your Virtual Reality Experience with KIWI design RGB Vertical Stand, Now Available on Meta’s Website

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15 hours ago

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May 11, 2024

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LOS ANGELES, May 11, 2024 /PRNewswire/ — Top-tier VR accessories provider KIWI design has launched its latest product, the RGB Vertical Stand. This Meta-authorized accessory, designed to deepen users’ immersion in the metaverse, is now available on the official Meta website.

“KIWI design’s commitment to pushing the boundaries of virtual reality accessories takes another leap forward with the introduction of our new products,” said Ray,the CEO of KIWI design. “We are always dedicated to bringing innovative upgrades to VR device accessories, with the goal of enriching users’ virtual reality experiences.”
The newly launched RGB Vertical Stand features a user-friendly modular design with push-in assembly, making it easy to set up and use. It is compatible with Meta Quest 3, Quest 2, and Quest Pro, ensuring widespread usability. With a magnetic USB Type-C connector, it provides an effortless way to charge and display your headset. Users can also customize their display with 16 pre-set ambient multicolor RGB light options.
With VR technology constantly evolving, users are seeking more immersive experiences. As a leading manufacturer of VR accessories, KIWI design is committed to enhancing the user experience, through unique product designs. Since its establishment in 2015, KIWI design has acquired over 100 patents and has a diverse product lineup, including head straps, facial interfaces, VR stands, charging accessories, and controller grip covers.
KIWI design has also actively participated in the Made for Meta program, which is provided by Meta to strengthen its partnerships with leading brands to deliver accessories that enhance Meta products with more choice and a richer experience for everyone. KIWI design’s participation in this program validates its high-quality design standards.
The RGB Vertical Stand for Meta Quest 3, Quest 2, and Quest Pro and another specially designed authorized charging dock for the Meta  Oculus Quest 2 are now available for purchase on both KIWI design’s website and Amazon. For more information about our brand and products, please visit our website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.
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Artificial Intelligence

WIO Taps Gracenote to Revolutionize Television Broadcast Reporting

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1 day ago

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May 11, 2024

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LOS ANGELES, May 11, 2024 /PRNewswire/ — WIO LLC, parent company of the global TV broadcast airings platform, WIOpro™, has announced a new strategic agreement with Gracenote, the global content data business unit of Nielsen, to address the longstanding challenge of accurately tracking and collecting music royalties generated by broadcast television and digital programming, With this agreement, WIO will integrate Gracenote TV program metadata and show airings into its WIOpro™ (“When’s It On – Professional”) platform enabling performance rights organizations, copyright management organizations and other entities to better monitor broadcast schedules and identify when royalties have been earned.

By integrating Gracenote historical program data into WIOpro’s new LookBack™ feature, WIO is enhancing its reporting capabilities and empowering Collection Societies, Rights Management Companies and the royalty-earning community to more easily monitor and export broadcast airings and better understand collections opportunities.
“At WIO, we are committed to empowering collection societies and copyright holders around the world with our platform tools and unprecedented access to the best and most accurate television broadcast and streaming data available,” said Shawn Pierce, Co-Founder and CEO of WIO LLC. “We have enjoyed an incredible relationship with Gracenote for 10 years. With the solidification of this agreement, we are able to deliver an unrivaled dataset to the royalty and residual community in a way that has not been offered before.” said Adam Shafron, Co-Founder and CTO of WIO LLC.
“WIO’s platform developed to solve the difficult matter of royalty tracking only becomes more powerful based on the integration of accurate, timely and comprehensive Gracenote metadata,” said Scott Monahan, Director, Strategic Partnerships, Gracenote. “We look forward to the combination of WIOpro’s technology and Gracenote’s program metadata delivering on the promise of transforming music royalty collection so that rights holders can be fairly compensated for use of their work.”
WIO and Gracenote will be at the MusicBiz 2024 conference in Nashville, TN May 13 – 16. Contact Dave Pelman, COO of WIO LLC at [email protected] for media queries or to book an appointment for a product demonstration.
About WIO:WIO is a technology company dedicated to providing broadcast television and digital programming data tailored specifically for the royalty and residual collection industry. Through its platform WIOpro (wiopro.com), users obtain access to real-time broadcast insights, reporting and curated data delivery.
About Gracenote:Gracenote is the content data business unit of Nielsen providing entertainment metadata, connected IDs and related offerings to the world’s leading creators, distributors and platforms. Gracenote enables advanced content navigation and discovery capabilities helping individuals easily connect to the TV shows, movies, music, podcasts and sports they love while delivering powerful content analytics making complex business decisions simpler.
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Artificial Intelligence

IDTechEx Explores Printed Electronics in Electrified and Autonomous Mobility

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2 days ago

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May 10, 2024

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BOSTON, May 10, 2024 /PRNewswire/ — Electrification, autonomy, and vehicle ownership saturation are causing a technological revolution in the automotive sector. These automotive meta-trends are driving drastic changes in electronic component requirements and present a high-volume opportunity for printed electronics to capitalize on.

Historically, printed electronics technologies have nurtured a close relationship with the automotive sector, with printed force sensors pioneering passenger safety through seat occupancy and seatbelt detection. As such, the automotive sector continues to represent the lion’s share of the global printed and flexible sensor market, which IDTechEx’s report on the topic evaluates as worth US$421M in 2024. However, if the automotive sector is to continue to be a reliable revenue stream, printed electronics technology providers must adapt to address the emerging technical challenges facing future mobility.
Augmenting autonomous vehicles with printed electronics
As vehicle autonomy levels advance, the increasing number and distribution of spatial mapping sensors required will need continuous performance improvements to ensure passenger safety. Emerging printed electronics technologies can augment these sensors, extending detection bandwidth and maximizing reliability during operation.
Transparent conductive films (TCFs) are being developed to heat and defog LiDAR sensor panels, ensuring the function is unperturbed by external environmental conditions. Properties such as high transparency and low haze are important for defogging. These properties can be easily tuned using the wide variety of material options available for TCFs, including carbon nanotubes and silver nanowires.
IDTechEx identifies printed heating as a leading application of transparent conductive films. This is attributed to diminishing growth prospects in capacitive touch sensing applications. Innovations in thin film coating techniques have enabled indium tin oxide (ITO) to dominate touch sensing applications, all but displacing TCFs completely.
Looking towards the future, printed electronics technologies could play a more active role in advanced autonomous driving. Emerging semiconductive materials, such as quantum dots, printed directly onto conventional silicon image sensor arrays can extend detection range and sensitivity deeper into the infrared region. Augmenting existing image sensor technology with enhanced spectral range could facilitate the competition of hybrid silicon sensors with established InGaAs detectors.
Printed sensors promise granularized battery health monitoring
Vehicle electrification is driving the sustained development and evolution of electronic management systems, particularly in the battery and electric drivetrain. A strong market pull exists for technologies that increase vehicle efficiency, range, and lifetime while reducing recharge times.
Printed pressure and temperature sensors measure battery cell swelling and thermal profiles, providing granularized physical data that can be used to optimize battery deployment and recharging. Moreover, hybrid printed sensors that combine integrated printed heating elements promise a solution to actively address battery temperature. IDTechEx estimates that printed sensor-enabled battery deployment and charging optimizations could be worth up to US$3000 in savings per vehicle.
There remains uncertainty about whether electrification trends will correspond to increased demand for physical sensors in electric vehicle batteries, owing to the utility of existing electronic readouts for managing deployment. Virtual sensors also pose a threat, where AI-enabled software models interpret data to predict and emulate physical sensor functions without the need for discreet components. However, emerging regulations regarding safety and sensor redundancy will likely favor measurable metrics and see automotive makers continue to adopt physical sensors. IDTechEx predicts that virtual sensors are unlikely to displace their physical counterparts – so long as low-cost sensors remain widely available.
Embedding printed electronics in the car of the future
IDTechEx predicts that global car sales will saturate over the next decade, with automakers increasingly looking for premium features and technical innovations to differentiate themselves from the competition. In-cabin technologies will be highly desirable – as the location where passengers reside and interact with the vehicle the most.
Lighting elements are emerging as a prominent differentiator, described as “the new chrome” by Volkswagen’s chief designer. The use of in-mold structural electronics (IMSE) enables the integration of embedded lighting elements using existing manufacturing processes. 3D electronics technologies are intrinsically attractive for automotive integration, as functional layers are conformable and lightweight while easily embedded within existing aesthetic elements.
Despite strong tailwinds, the adoption of in-mold electronics within automotive interiors has been sluggish. This is attributed to the challenges of meeting automotive qualification requirements, as well as stiff competition with less sophisticated alternatives such as applying functional films to thermoformed parts. Nevertheless, momentum is building, with technology providers like Tactotek partnering with Mercedes-Benz and Stallantis to progress the automotive validation of IMSE to TRL5.
Outlook for printed electronics in automotive applications
Just as printed force sensors heralded early passenger safety systems, printed electronics technology is poised to underpin next-generation innovations for the car of the future. But this time, the competition will be stiff. Critical cost requirements must be met, while desirable new functionality must address existing challenges faced by manufacturers. Printed electronics can play a role in supporting emerging electrified and autonomous mobility, such as augmenting LiDAR sensors or optimizing electric battery deployment. Demand for technologies that enhance passenger experience and vehicle aesthetics will continue to grow, and printed electronics can supply low-power, lightweight lighting solutions for these.
Sustained engagement from tier suppliers and manufacturers continues to make the automotive sector key to printed sensor market growth opportunities – a total market IDTechEx predicts will reach US$960M by 2034. Strong partnerships between material providers and printed electronics technology providers are complementary to those of the highly vertically integrated automotive value chains between tier suppliers and OEMs. Leveraging printing techniques to provide solutions that slot into existing manufacturing processes and designs will be crucial. In the medium term, the printed electronics technologies most likely to realize revenue potential are those that can adapt to service emerging challenges already known to the automotive industry.
For more information on IDTechEx’s research on this topic, please see their report, “Printed and Flexible Sensors 2024-2034: Technologies, Players, Markets”. Downloadable sample pages are available for this report.
For the full portfolio of printed and flexible electronics market research from IDTechEx, please visit www.IDTechEx.com/Research/PE.
About IDTechEx:
IDTechEx provides trusted independent research on emerging technologies and their markets. Since 1999, we have been helping our clients to understand new technologies, their supply chains, market requirements, opportunities and forecasts. For more information, contact [email protected] or visit www.IDTechEx.com. 
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