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Unmanned Surface Vehicle Market to Reach $2.7 Billion, Globally, by 2032 at 11.5% CAGR: Allied Market Research

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Allied Market Research published a report, titled, “Unmanned Surface Vehicle Market by Application (Defense and Commercial), Mode of Operation (Autonomous Surface Vehicle and Remotely Operated Surface Vehicle), and Size (11 Meters, 11 To 26 Meters, and More Than 26 Meters): Global Opportunity Analysis and Industry Forecast, 2023–2032.” According to the report, the global unmanned surface vehicle industry generated $0.92 billion in 2022 and is anticipated to generate $2.7 billion by 2032, witnessing a CAGR of 11.5% from 2023 to 2032.

Download Sample of Research Report Overview – https://www.alliedmarketresearch.com/request-sample/3852

Leading Market Players in USV Industry: – 

  • Atlas Elektronik GmbH
  • ECA Group
  • Elbit Systems Ltd.
  • Israel Aerospace Industries
  • Kongsberg Maritime
  • L3Harris Technologies, Inc.
  • Liquid Robotics
  • Maritime Robotics
  • SeaRobotics Corp.
  • Teledyne Technologies Incorporated. 

The report provides a detailed analysis of these key players in the global unmanned surface vehicle market. These players have adopted various strategies such as collaboration, acquisition, investment, agreement, product launch, partnership, and others to increase their market penetration and strengthen their position in the industry. The report helps determine the business performance, operating segments, developments, and product portfolios of every market player.

Procure Complete Research Report Now – https://www.alliedmarketresearch.com/unmanned-surface-vehicle-usv-market/purchase-options

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Unmanned surface vehicles (USVs) are autonomous watercraft that operate without a human operator on board. They can be used to navigate on the surface of the water, collect data, conduct surveys, conduct research, or perform other tasks independently or under the control of a remotely operated vehicle (ROV). USVs come in a variety of shapes and sizes. They are equipped with sensors and cameras, as well as other technologies to help them perform their specific tasks. USVs are becoming more and more popular because they are efficient, versatile, and capable of operating in challenging or hazardous environments.

Prime Determinants of Growth: 

The global unmanned surface vehicle market is experiencing growth due to several factors, including a rise in demand for ocean data mapping, increasing maritime security and surveillance, and growing environmental monitoring and disaster response. However, the development of collision avoidance systems, networking issues, limited endurance and range constrain unmanned surface vehicle applications hamper the growth of the market. On the contrary, increased capital expenditure of companies in the offshore oil and gas industry, and the development of an unmanned surface vehicle for autonomous navigation in a paddy field are expected to offer remunerative opportunities for the expansion of the unmanned surface vehicle market during the forecast period.

USVs Industry Report Coverage & Details: 

Report Coverage 

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Details 

Forecast Period 

2023–2032 

Base Year 

2022

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Market Size in 2022 

$0.92 Billion 

Market Size in 2032 

$2.7 Billion 

CAGR 

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11.5 %

No. of Pages in Report 

244

Segments Covered 

Application, Mode of Operation, Size, and Region 

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Drivers  

Rise in demand for ocean data mapping 

Increasing maritime security and surveillance 

Growing environmental monitoring and disaster response 

Opportunities 

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Increased capital expenditure of companies in offshore oil and gas industry  

Development of an unmanned surface vehicle for autonomous navigation in a paddy field 

Restraints 

Development of collision avoidance systems and networking issues  

Limited endurance and range constrain unmanned surface vehicle applications 

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The Russia-Ukraine War Impact: 

  • The RussiaUkraine war had a mixed impact on the unmanned surface vehicles (USV) market. Increased geopolitical tensions and security concerns in the Black Sea region and other waterways have led to a rise in demand for USVs in military and defense applications. As nations seek to bolster their maritime surveillance capabilities and protect their interests, they invest in advanced USV technology for intelligence gathering, reconnaissance, and border security.
  • However, the escalation of hostilities in the region has raised concerns about the safety and operability of USVs in contested waters. Furthermore, the uncertainty and instability resulting from the conflict have affected investor confidence and slowed down decision-making processes in various industries. This has led to delays in the adoption of USVs for commercial applications such as shipping, offshore exploration, and environmental monitoring.

The Less than 11 Meters segment to maintain its leadership status throughout the forecast period- 

By size, the less than 11 meters segment held the highest market share in 2022, accounting for more than two-fifths of the global unmanned surface vehicle market revenue, and is estimated to maintain its leadership status throughout the forecast period. This is due to an increase in demand for compact USVs in various industries due to the growing popularity of small USVs in research and environmental monitoring. However, the more than 26 meters segment is projected to manifest the highest CAGR of 12.6% from 2023 to 2032. Owing to the rise in number of nations prioritizing the protection of maritime borders and critical infrastructure.

The defense segment to maintain its leadership status throughout the forecast period- 

By application, the defense segment held the highest market share in 2022, accounting for more than three-fifths of the global unmanned surface vehicle market revenue, and is estimated to maintain its leadership status throughout the forecast period. The same segment is projected to manifest the highest CAGR of 12.0% from 2023 to 2032. This is due to a growing emphasis on maritime domain awareness and security, and a surge in innovations in autonomous navigation, sensor technologies, and communication systems.

The mode of operation segment to maintain its lead position during the forecast period-

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By mode of operation, the remotely operated surface vehicle segment accounted for the largest share in 2022, contributing to more than three-fifths of the global unmanned surface vehicle market revenue, and is expected to maintain its lead position during the forecast period. This is due to a growing demand for unmanned surface vehicles for remote inspections of offshore platforms, subsea infrastructure, and pipelines. However, the autonomous surface vehicle segment is projected to manifest the highest CAGR of 12.4% from 2023 to 2032. owing to a rise in demand for unmanned surface vehicles with the increasing need for accurate and up-to-date navigational data.

Interested to Procure the Research Report? Inquire Before Buying – https://www.alliedmarketresearch.com/purchase-enquiry/3852

North America to maintain its dominance by 2032-

Based on region, North America held the highest market share in terms of revenue in 2022, accounting for two-fifths of the global unmanned surface vehicle market. Due to an increase in enthusiasm for Unmanned Surface Vehicles (USVs) in the realm of scientific exploration and environmental surveillance, researchers and institutions. However, the Asia-Pacific region is expected to maintain dominance during the forecast period. The same region is also expected to witness the fastest CAGR of 13.6% from 2023 to 2032. Owing to a rise in the investment in R&D efforts by government and private entities to improve USV capabilities and expand their range of applications.

Similar Reports We Have on USV Industry:

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Tanker Cargo Ship Market Research Report 2023-2032

Cargo Shipping Market Research Report 2023-2032

Autonomous Ships Market Research Report 2023-2032

Warship and Naval Vessels Market Research Report 2023-2032

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Artificial Intelligence

Aetion Launches Barcelona Technology Hub and Appoints Ken Watson as Chief Technology Officer

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BARCELONA, Spain, June 24, 2024 /PRNewswire/ — Aetion®, the global leader in real-world evidence (RWE) technology and analytics, announced today the creation of an RWE technology hub in Barcelona, Spain, to convene the most capable group of dedicated RWE technologists in the industry. Aetion also announced the appointment of Ken Watson as Chief Technology Officer (CTO). Ken draws upon his decades of experience at companies such as Microsoft, the Toronto Stock Exchange, and WeWork — as well as several startups he co-founded — and is responsible for leading Aetion’s overall engineering and product strategy.

Aetion established a presence in Barcelona in 2021 and has steadily grown its team there since. As part of the launch of its technology hub, Aetion will more than double the size of its engineering team in Spain, drawing top technical talent locally and from around Europe. The Barcelona team will work across Aetion’s product suite, enhancing existing offerings and continuing to innovate at the forefront of RWE technology. The recent release of Aetion® Discover — the first Aetion product to be built in Barcelona — was a turning point in establishing the city as Aetion’s new technology hub. Aetion Discover is a visual-first application designed for exploratory analyses on wide-ranging research questions from disease burden to unmet need, real-world value, and more, and it is already transforming the way clients generate insights quickly and at scale.
Ken joined Aetion in August 2023 as SVP of Engineering and, early on, led the successful launch of Discover and product enhancements such as an R development environment integrated with Aetion applications, workflow updates to Aetion® Substantiate, and new data management capabilities in the Aetion Evidence Platform®.
“As a technology leader of companies at all stages and sizes, and as a multi-time founder himself, Ken is the ideal person to lead Aetion’s overall technology and product organization and our Barcelona technology hub,” said Jeremy Rassen, Aetion President and Co-Founder. “His expertise in building global teams, combined with the mission-driven engineering talent in Barcelona, will be put toward solving complex problems and further accelerating our ambitious software roadmap.”
Ken shared, “I am honored to be stepping into the CTO role at this inflection point for Aetion. Building high-quality software in a rapidly evolving field takes entrepreneurial spirit and technical know-how, and I’m thrilled to bring my skills to help answer today’s most pressing questions in healthcare. With our expanded and co-located Barcelona team working closely with our world-class epidemiologists and data scientists, I am confident in our ability to deliver the next wave of software innovation that’s so critically needed in this era of novel treatment proliferation.”
Aetion is the only company to offer a full range of software products to turn real-world data into real-world evidence. All Aetion applications are built upon its flagship Aetion Evidence Platform, providing interoperability across applications while consistently drawing upon virtually any source data and hosting environment.
Contact [email protected] for more information on Aetion software and services, or [email protected] to inquire about roles in Aetion’s Barcelona Technology Hub.
About Aetion®
Aetion is a healthcare analytics company that delivers real-world evidence for the manufacturers, purchasers, and regulators of medical treatments and technologies. Aetion’s suite of real-world data analytics applications analyzes data from the real world to produce transparent, rapid, and scientifically validated answers on safety, effectiveness, and value. Founded by Harvard Medical School faculty members with decades of experience in epidemiology and health outcomes research, Aetion informs healthcare’s most critical decisions—what works best, for whom, and when—to guide product development, commercialization, and payment innovation. Learn more at aetion.com.
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Workers embrace AI and prioritise skills growth amid rising workloads and an accelerating pace of change: PwC 2024 Global Workforce Hopes & Fears Survey

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Almost half (45%) of workers say their workload has increased significantly in the past year, as almost two-thirds (62%) say the pace of change at work has increased over the same timeMore than one-quarter (28%) say they are very or extremely likely to switch employer in the next 12 months – a higher proportion than during the ‘Great Resignation’ (19%) in 2022Employees prioritise skills-growth: fewer than half (46%) strongly or moderately agree that their employer provides adequate opportunities to learn new skills. This is particularly important for workers considering leaving: two-thirds (67%) say opportunities to learn new skills are a key factor in any decision to job-switchMore than 80% of workers who use generative AI daily expect it to make their time at work more efficient in the next 12 months. Half (49%) of all users expect it to lead to higher salariesCost-of-living pressures ease slightly: the proportion of workers with money left over each month rises to 45% (compared to 38% in 2023). However, 52% say they are still financially stressedLONDON, June 25, 2024 /PRNewswire/ — Among more than 56,000 workers across 50 countries and territories, many say they are prioritising long-term skills growth to accelerate their careers amid rising workloads and heightened workplace uncertainty, according to PwC’s 2024 Global Workforce Hopes & Fears Survey, published today.

In the last 12 months, workers say they have experienced rising workloads (45%) and an accelerating pace of workplace change. Nearly two-thirds (62%) say they have experienced more change at work in the past year than the 12 months prior, with two-fifths (40%) noting their daily responsibilities have changed to a large or very large extent. Almost half (44%) don’t understand the purpose of changes taking place.
In the midst of this growing mix of employee pressures, the findings suggest workers are alert to opportunities elsewhere, and are highly focused on skills growth and embracing AI.
More than one-quarter (28%) say they are likely to switch employer in the next 12 months, a percentage far higher than during the ‘Great Resignation’ (19%) of 2022. Two-thirds (67%) of those considering moving say skills is an important factor in their decision to stay with their current employer or switch to a new one.
Carol Stubbings, Global Markets and Tax & Legal Services (TLS) Leader, PwC UK, said:
“As workers face heightened uncertainty, rising workloads and continue to face financial stress, they are prioritising skills growth and embracing new and emerging technologies such as GenAI to turbocharge their growth and accelerate their careers. The findings suggest that job satisfaction is no longer enough. Employees are placing an increased premium on skills growth in a climate characterised by constant technological change. Employers must ensure they are investing in their employees and technological platforms to mitigate employee pressures and retain the brightest talent.”
Workers embrace AI to ease workplace pressures and unlock personal growth
As employees face heightened workplace pressures, they are also turning to new and emerging technologies such as generative AI (GenAI) to help. Among those employees who use GenAI daily, 82% expect it to make their time at work more efficient in the next 12 months.
Employees are also optimistic about opportunities for GenAI to support their growth. Half (49%) of all users expect GenAI to lead to higher salaries – an expectation that’s even higher (76%) among employees who use the technology daily. More than 70% of users agree that GenAI tools will create opportunities to be more creative at work (73%) and improve the quality of their work (72%).
The skills imperative
Workers are placing an increased premium on skills growth to mitigate their concerns and accelerate their careers. Employees who say they are likely to switch employers in the next 12 months are nearly twice as likely to strongly consider upskilling in that decision than workers planning to stay (67% vs. 36%). This comes as fewer than half (46%) of all employees moderately or strongly agree that their employer provides adequate opportunities to learn new skills that will be helpful to their careers.
Employees who are likely to leave in the next year may be more attuned to skills changes that are needed than the general workforce, with 51% moderately or strongly agreeing that the skills their job requires will change in the next five years (vs. 29% of those unlikely to change employer).
There is particular interest in the impact of AI on skills development, with 76% of all users expecting it to create opportunities to learn new skills at work. However, employers will need to invest heavily in new and emerging technology training and access. Among employees who have not used GenAI at work in the last 12 months, one-third (33%) don’t think there are opportunities to use the technology in their line of work, while 24% don’t have access to the tools at work, and 23% don’t know how to use the tools.
Despite the pace of change, there are also signs of optimism and engagement at work. 60% of workers expressed at least moderate job satisfaction (up from 56% in 2023) while more than half (57%) of employees who view fair pay as important agree that their job is fairly paid. Cost-of-living pressures have slightly eased since 2023 (the proportion of workers with money left over each month has risen to 45%, up from 38%). However,  more than half (52%) say they are still financially stressed to some degree.
Pete Brown, Global Workforce Leader, PwC UK, said:
“Technology is fundamentally transforming the way work gets done and the types of skills employers are looking for. Employees are therefore placing an increased premium on organisations that invest in their skills growth so that they can stay relevant and thrive in a digital world. Businesses in turn must be proactive in their upskilling programs – prioritising the employee experience and being transparent. Because when you meaningfully engage your workforce, they become an accelerant for successful transformation.”
Notes to Editors: 
About the Survey
In March 2024, PwC surveyed 56,600 individuals across 50 countries and territories who are in work or active in the labour market. The sample was designed to reflect a range of industries, demographic characteristics and working patterns. You can read the full report on pwc.com.
About PwC
© 2024 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
Contact:  Imran Javaid, Global Corporate Affairs and Communications, PwC UK: [email protected] Dan Barabas, Global Corporate Affairs and Communications, PwC UK: [email protected]
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Amagi Showcases New Stream Technology With VIZIO

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Amagi’s new Zero Slate delivers personalized linear streaming, resulting in increased viewership on VIZIO FAST channels 
NEW YORK, June 24, 2024 /PRNewswire/ — Amagi, the global leader in cloud-based SaaS technology for broadcast and Connected TV (CTV), today announced the first successful showcase of Amagi’s Zero Slate technology on VIZIO’s owned and operated WatchFree+ channels, part of Amagi’s broader Stream Personalization initiative. This innovative new offering enhances the streaming experience with its highly impactful, patent-pending technology that can dynamically adjust the length of ad breaks on a per-viewer basis, eliminating the need for slates or filler to round out linear ad breaks.

This new “viewer-first” personalized approach to digital streaming has already demonstrated a lift in viewership (Amagi ANALYTICS showing more than 20% increase) on VIZIO’s owned and operated channels utilizing the Zero Slate capabilities. This industry-first innovation from Amagi paves the path for a more engaging and profitable future for entertainment and enhanced viewer experiences.
Data from Amagi ANALYTICS indicates that slates, often used to fill the unsold portion of ad pods, may increase viewer churn by as much as 15% in today’s Free Ad-supported Streaming TV (FAST) ecosystem. Zero Slate’s early success demonstrates that personalizing pod length can boost viewer engagement, enabling more high-quality viewing experiences over time. This capability also represents an important first step for Amagi toward a broader suite of Stream Personalization capabilities that offer even more engaging linear viewing experiences.
“We are pleased to partner with Amagi on this showcase of their Zero Slate technology. This collaboration reinforces VIZIO’s commitment to enhancing user experiences and delivering personalized content as we expand Zero Slate across more channels,” said Katherine Pond, Group Vice President of Platform Content and Partnerships at VIZIO.
“We are grateful to have partnered with an industry leader like VIZIO to test the impact of our new Zero Slate capability and are excited about Stream Personalization’s ability to further transform the linear viewing experience,” said Srinivasan KA, Co-founder and Chief Revenue Officer, Amagi.
About VIZIOFounded and headquartered in Orange County, California, our mission at VIZIO Holding Corp. (NYSE: VZIO) is to deliver immersive entertainment and compelling lifestyle enhancements that make our products the center of the connected home. We are driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful operating system. We also offer a portfolio of innovative sound bars that deliver consumers an elevated audio experience. Our platform gives content providers more ways to distribute their content and advertisers more tools to connect with the right audience.
For more information, visit VIZIO.com and follow VIZIO on Facebook, Twitter, and [email protected] 
About AmagiAmagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 5,000 channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.
Link to Word Doc: www.wallstcom.com/Amagi/240624-Amagi-VIZIO_ZSlate.docx 
Agency Contact:Joseph LesieutreWall Street CommunicationsEmail: [email protected]
Amagi Contact:Aashish WashikarDirector – Corporate CommunicationsEmail: [email protected]: +91 9533390005

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