GCC’s Uncrewed Surface Vessel Market Projected to Reach $2.75 Billion by 2030

globalbizmag.com

GCC’s Uncrewed Surface Vessel Market Projected to Reach $2.75 Billion by 2030

Traditional maritime sector is getting revolutionised with uncrewed (unmanned) and autonomous systems, and it is witnessing rapid adoption by the Middle East countries, especially in the GCC region, which are looking at improved safety measures and economically sustainable commercial operations.

The uncrewed surface vessel (USV) market, which is valued at $967 million in 2023 in the region and is projected to reach $2.75 billion by 2030.

Taking advantage of the market’s growth, the Abu Dhabi-based Al Seer Marine, a worldwide player across multiple marine sectors, and L3Harris Technologies in the US, a global leader in the aerospace and defence industry, have reaffirmed their teaming agreement at the recently held Abu Dhabi International Petroleum Exhibition Conference (ADIPEC), marking yet another significant milestone in the ongoing evolution of their strategic partnership.

This continued collaboration serves to fortify the two companies’ strong relationship, underscored by the successful execution of numerous projects over the past six years.

The renewal of this new agreement will capitalise on L3Harris’ extensive international experience in the design and deployment of uncrewed platforms and will enhance Al Seer Marine’s ability to continue manufacturing and delivering USVs across various markets in the Gulf Cooperation Council (GCC) region.

“The surge in the adoption of unmanned systems within the local and regional markets is propelling market growth. Companies are making substantial investments in the development and procurement of unmanned systems over manned alternatives due to their risk mitigation benefits and enhanced operational accuracy. Therefore, this agreement aligns seamlessly with our strategic business objectives,” Guy Neivens, CEO of Al Seer Marine, said in a statement to Abu Dhabi Securities Exchange (ADX) on Tuesday.

The partnership renewal emphasises Al Seer Marine’s dedication to its Maritime Autonomous Centre of Excellence, effectively bridging the gap between manufacturing and the maritime industry, the statement said.

Robotic 3D Printers

In another recent innovation, Al Seer Marine is initiating the commissioning of one of the world’s largest robotic 3D printers — a groundbreaking endeavour that will greatly accelerate maritime platform production.

Al Seer Marine’s Training Institute also offers Abu Dhabi Technical and Vocational Education and Training (ACTVET), encompassing a comprehensive array of programs for maritime uncrewed operator training and technical maintenance.

The renewal of this agreement shows the strength of our partnership and commitment to deliver maritime autonomy and long-term sustainment in the UAE and GCC region.

About Al Seer Marine

Al Seer Marine Supplies and Equipment was established in 2003 and has a portfolio of services including the management and training, construction of vessels, high-tech boatbuilding, unmanned systems development, and manufacturing. Al Seer Marine employs more than 1,200 people onboard and ashore from more than 50 nationalities.

Global Business Magazine

Global Business Magazine

Related post

Leave a Reply

Your email address will not be published. Required fields are marked *