SATCOM Segment is Expected to be Fastest Growing During Forecast Period for SAM Region

According to a new market research study on “SAM Small Unmanned Surface Vehicles Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Size, Payload, and Application,” is expected to reach US$ 60.76 million by 2028 from US$ 32.73 million in 2021. The market is estimated to grow at a CAGR of 9.2% from 2021 to 2028. The report provides trends prevailing in the SAM small unmanned surface vehicles market along with the drivers and restraints pertaining to the market growth.       Governmental rules towards usage of USVs and continues investments in unmanned exploration technologies are the major factor driving the growth of the SAM small unmanned surface vehicles market. However, presence of low cost UUVs hinders the growth of SAM small unmanned surface vehicles market.    

In case of COVID-19, SAM is highly affected especially Brazil. The COVID-19 pandemic has adversely affected many USV vendors, which also led to the shutdown of manufacturing facilities. According to the research study, Argentina was expected to witness a decline of 7.7% during the COVID-19 pandemic in FY 2020 owing to the impact of pandemic that has led to reduced operations across different locations in the country. Moreover, South America has enough water resources that requires to be maintained for operational use across different industries and also it is expected to offer lucrative opportunities for market vendors during the forecast period.

The SAM small unmanned surface vehicles market is segmented based on size, payload, application, and country. Based on size, market has been segmented into 1-2 M, >2-4 M, and >4-6 M. The 1-2 M segment dominated the market in 2020 and >2-4 M segment is expected to be fastest growing during forecast period. Based on payload, the market has been segmented into sonars, camera, GPS, SATCOM, and others. The camera segment dominated the market in 2020 and SATCOM segment is expected to be fastest growing during forecast period. Based on application, the market has been segmented into defense, scientific research, disaster management, hydrography, and others. The hydrography segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the market has been segmented into Brazil, Argentina, and rest of SAM.   

Aanderaa Data Instruments AS; AutoNaut Ltd; Eco Marine Power; HYDRONALIX; Liquid Robotics, Inc.; OceanAlpha Group Ltd.; and Sirehna are among the leading companies in the SAM small unmanned surface vehicles market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, AutoNaut and the University of East Anglia (UEA) have partnered to develop a new unmanned surface vessel (USV) designed to deploy research equipment in remote and inaccessible ocean locations. The ‘Caravela’ is based on an AutoNaut USV, adapted to carry, and release an underwater glider.     

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