Unmanned Surface Vehicle (USV) Market Worth 861.37 Million USD by 2021
May 11, 2016 at 18:00 PM EDT
Pune, India -- (SBWIRE) -- 05/11/2016 -- The report "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", The global unmanned surface vehicle (USV) market is estimated at USD 437.57 Million in 2016 to reach USD 861.37 Million by 2021, at a projected CAGR of 14.51% from 2016 to 2021. This growth can be attributed to the rising demand for maritime security, protection of shallow waters and ports, and the need for ocean data and mapping, globally.