HOME Research Insight New product launches and long term contracts are among the key strategies adopted by leading market players to catalyze their growth in the global unmanned surface vehicle (USV) market



New product launches and long term contracts are among the key strategies adopted by leading market players to catalyze their growth in the global unmanned surface vehicle (USV) market


In 2015, the global USV market was dominated by ASV Unmanned Marine Systems (U.K.), Teledyne Technologies, Inc. (U.S.) and Textron Inc. (U.S.), Atlas Elektronik Gmbh (Germany) and ECA Group (France). ASV Unmanned Marine Systems and Teledyne Technologies, Inc. are expected to continue their dominance till 2021. The ASV Unmanned Marine Systems has supplied more than 70 unmanned and autonomous marine systems across 10 countries.

Long-term contracts and new product launches are among the most important strategies adopted by the leading market players to strengthen and sustain their positions in the global USV market. In January 2016, ASV Unmanned Marine Systems strengthened the partnership with Thales (France) to develop USV technology for security, military, civil and maritime domains. The agreement was a result of successful trial of Halcyon USV. In March 2016, the company constructed C-Worker 5 vehicle that is five-meters long and is capable of operating at 7 knots for 5 days without refueling. The product would reduce launch and recovery operations, and increase survey efficiency.

Teledyne Technologies, Inc. and Textron Inc. are also among the major players of the given market. The U.S. is the most important market for Oceaneering International as well as for Teledyne Technologies, Inc. In April 2015, Teledyne Oceanscience (a subsidiary of Teledyne Technologies, Inc.) in collaboration with Teledyne Odom Hydrographic demonstrated a multibeam echosounder-equipped Z-Boat 1800 survey boat at the U.S. Hydro 2015 Conference in National Harbor, MD. In July 2015, Textron Inc. (U.S.) got an extension worth USD 11 million to supply engineering services for the Unmanned Influence Sweep System (UISS) program. The UISS is an unmanned surface vessel (USV) with acoustic and magnetic minesweeping capabilities that would be a part of the U.S. Navy’s Littoral Combat Ship (LCS) mine warfare module.

Other companies such as ECA Group (France), Elbit Systems Ltd. (Israel) and Atlas Elektronik GMBH (Germany) are focusing on strategies, such as contracts and agreements to strengthen their competitive positions in the global USV market, with special focus on the emerging markets of the world.

Related Reports:

Unmanned Surface Vehicle (USV) Market by Application (Defense, Scientific Research, Commercial, Miscellaneous), Size (Small, Medium, Large, Extra Large), Propulsion System, Modes of Operation, Payload & Geography - Global Forecast to 2021

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