Middle East & Africa Unmanned Surface Vehicle Market Size & Outlook
MEA unmanned surface vehicle market highlights
- The MEA unmanned surface vehicle market generated a revenue of USD 163.8 million in 2023.
- The market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, autonomous was the largest revenue generating type in 2023.
- Autonomous is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 163.8 million |
| Market revenue in 2030 | USD 337.7 million |
| Growth rate | 10.9% (CAGR from 2024 to 2030) |
| Largest segment | Autonomous |
| Fastest growing segment | Autonomous |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Autonomous |
| Key market players worldwide | ECA Group, Elbit Systems Ltd, Fugro NV, Kongsberg Gruppen ASA, L3Harris Technologies Inc, Saab AB ADR, Teledyne Technologies Inc, Textron Inc, Thales Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 10.3% of the global unmanned surface vehicle market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 879.5 million by 2030.
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Unmanned Surface Vehicle Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ECA Group | View profile | 501-1000 | Toulon, Provence-Alpes-Cote d'Azur, France, Europe | https://www.ecagroup.com/ |
| Saab AB ADR | View profile | 22335 | Olof Palmes gata 17, 5th Floor, Stockholm, Sweden, SE-111 22 | https://www.saab.com |
| Kongsberg Gruppen ASA | View profile | 13602 | Kirkegardsveien 45, Kongsberg, Norway, N-3616 | https://www.kongsberg.com |
| Fugro NV | View profile | 9401 | Veurse Achterweg 10, Leidschendam, ZH, Netherlands, 2264 SG | https://www.fugro.com |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| Teledyne Technologies Inc | View profile | 14900 | 1049 Camino Dos Rios, Thousand Oaks, CA, United States, 91360-2362 | https://www.teledyne.com |
| Elbit Systems Ltd | View profile | 18984 | Advanced Technology Center, P.O. Box 539, Haifa, Israel, 3100401 | https://www.elbitsystems.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| Textron Inc | View profile | 35000 | 40 Westminster Street, Providence, RI, United States, 02903 | https://www.textron.com |
Middle East & Africa unmanned surface vehicle market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to unmanned surface vehicle market will help companies and investors design strategic landscapes.
Autonomous was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa unmanned surface vehicle market based on autonomous covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of unmanned surface vehicle market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa unmanned surface vehicle market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa unmanned surface vehicle market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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