US Navy Launches First Purpose-Built Midsize USV
The USV is purpose-built and capable of carrying multiple payloads, including weapons and sensors, and can operate autonomously for long periods of time. The Navy's broader aim to develop unmanned systems that can operate in contested environments is supported by the Overlord Large USV. Additionally, the Sea Hunter, the first autonomous surface ship, has been launched by the US Navy. It is designed to operate without a crew for several months and is part of the Navy's broader push to develop unmanned systems that can operate in contested environments.
MarketsandMarkets’ analysts estimate that the global unmanned surface vehicle market is expected to reach USD 1.2 billion and grow at a CAGR of 10.3% by 2028. Prominent players in the market include General Dynamics Corporation, Textron Inc., BAE Systems, Thales Group, and Lockheed Martin Corporation. The market growth factors include the rising demand for maritime security and the need for ocean data and mapping. Lack of skilled operators and high USV costs are the market restraints.
MarketsandMarkets Industry News Desk
Letter to EditorGET AHEAD
Top Research Reports to Fuel Your Industry KnowledgeEditor's Pick
Information and Communication Technology
Insurtech Funding News - Coverdash raises USD 13.5 Million
PODCASTS
Sustainable Digital Transformation & Industry 4.0
Sanjay Kaul, President-Asia Pacific & Japan, Cisco, and host Aashish Mehra, Chief Research Officer, MarketsandMarkets, in conversation on unraveling 'Sustainable Digital Transformation and Industry 4.0'
11 July 2023|S2E12|Listen Now
Generative AI
Prasad Joshi, Senior Vice President-Emerging Technology Solutions, Infosys, and host, Vinod Chikkareddy, CCO, MarketsandMarkets, in exploring the recent advances in AI and the generative AI space.
7 Nov 2023|S2E13|Listen Now
Unmanned Surface Vehicle Market
Download Whitepaper
The Sea Hunter, the first autonomous surface ship, has been launched by the US Navy.
MarketsandMarkets’ analysts estimate that the global unmanned surface vehicle market is expected to reach USD 1.2 billion and grow at a CAGR of 10.3% by 2028.
Follow IndustryNews by MarketsandMarkets
