Asia Pacific Small Unmanned Surface Vehicles Market

The APAC small unmanned surface vehicles market is expected to grow from US$ 118.66 million in 2021 to US$ 266.47 million by 2028; it is estimated to grow at a CAGR of 12.3% from 2021 to 2028.

With the growth of coastal developments, the maritime domain is increasingly becoming congested, fueled by state and non-state actors using the sea for various activities. The warrants have a high emphasis on maritime surveillance and protection. Therefore, modern assets, such as unmanned vehicles, are deployed to reduce human life risks and mitigate enemy contacts by moving into other domains. Moreover, the surging application of digital connectivity acts as a major factor in the growth of unmanned oceanic systems. As connectivity plays a paramount role for the modern networked sea and sub-sea forces. The defense sectors in major countries are substantially investing in the development of connect subsea-based sensors, submerged platforms, and surface assets with air systems and space-based assets, as well as in cyber operations. This factor is anticipated to trigger the expanding operations of unmanned assets to counter any potential adversary threat. Thus, the continuous investments in the development of deep sea exploration technologies are expected to provide numerous profitable opportunities for the unmanned surface vehicle market players in the coming years, thereby driving the APAC market growth.   

COVID-19 affected APAC severely. The temporary shutdown of industrial facilities resulted in disruption in the manufacturing of marine products due to the demand reduction. The pandemic also raised concerns regarding the investments in maritime technologies across Asian countries, such as India, Japan, South Korea. However, leading vendors in this market, such as Hong Kong-based OceanAlpha Group Ltd., rolled out new products during the pandemic. For instance, in August 2020, OceanAlpha rolled out 1,000 Dolphin 1 Remote Control Lifebuoys from its assembly line in Yancheng, China, which has led the company to achieve a milestone for its production base. Moreover, the company held approximately 60% of the global small USV market share in 2020. However, the APAC market also witnessed a decline of 4.23% y-o-y basis compared to FY 2019. According to the research study, it is expected to regain and surpass its share in the market by the end of FY 2021.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC small unmanned surface vehicles market. The APAC small unmanned surface vehicles market is expected to grow at a good CAGR during the forecast period.    

APAC Small Unmanned Surface Vehicles Market Revenue and Forecast to 2028 (US$ Million)     

APAC Small Unmanned Surface Vehicles Market Segmentation

APAC Small Unmanned Surface Vehicles Market – By Size

• 1-2 M
• >2-4 M
• >4-6 M

APAC Small Unmanned Surface Vehicles Market – By Payload

• Sonars
• Camera
• GPS
• SATCOM
• Others

APAC Small Unmanned Surface Vehicles Market – By Application

• Defense
• Scientific Research
• Disaster Management
• Hydrography
• Others

APAC Small Unmanned Surface Vehicles Market, by Country

• Australia
• China    
• India
• Japan
• South Korea
• Rest of APAC

APAC Small Unmanned Surface Vehicles Market - Companies Mentioned

• Aanderaa Data Instruments AS
• AutoNaut Ltd
• Eco Marine Power
• HYDRONALIX
• Liquid Robotics, Inc.
• OceanAlpha Group Ltd.   
• QinetiQ Group plc  
• Sirehna 

Asia Pacific Small Unmanned Surface Vehicles Market Strategic Insights

Asia Pacific Small Unmanned Surface Vehicles Market Segmentation Analysis

Asia Pacific Small Unmanned Surface Vehicles Market Report Highlights

Asia Pacific Small Unmanned Surface Vehicles Report Scope

Asia Pacific Small Unmanned Surface Vehicles Market Country and Regional Insights