Electric and Hybrid Propulsion Systems Help Drive Growth in USV Market

XOCEAN’s XO-450 USV. (Image credit: XOCEAN)

The global market for uncrewed surface vessels (USVs) is growing rapidly, and the rate is expected to accelerate.

A recent research report projects a CAGR of 12.5 percent through 2025. This growth rate is being driven by market demand for harvesting more high-quality survey data for a wide range of commercial and scientific applications and, on the supply side, by improvements in technology.

Click here to read the full article in ON&T’s June 2021 digital issue.

By Steve Trkla, President, Torqeedo Inc.

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