"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

Autonomous Ship Market Size, Share & Industry Analysis, By Autonomy (Fully Autonomous, Remote Operations, Partial Automation), By Ship Type (Commercial, Defense), By End-Use (Line fit, Retrofit), By Solution (Systems, Software, Structures) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI101797 | Status : Ongoing

 

KEY MARKET INSIGHTS

An autonomous ship is a watercraft operated with the help of artificial intelligence. These autonomous ships are the unmanned vessels and function autonomously as a type of seafaring drone. Different sensors are combined with ship to give precise images. The major components such as radar, high definition cameras, LiDAR, sonar, and thermal imaging are used in ships. Introduction of advanced technologies such as autonomous navigation technology, E-navigation, automation software, and maritime remote control technology drives the autonomous ship market.


Growing seaborne trade, increasing maritime safety norms, and growing maritime tourism are the factors expected to propel the growth of the market. Additionally, recently there has been rise in  the investment in research and development capabilities by the shipping companies. The focus of these companies is to incorporate advanced technologies in the ships such as automation software, maritime remote control system, e-navigation in vessels are driving the growth of the market. Automated ships include on-boarded advanced decision support systems that carry out operational decisions independently without intervention from human operators.


Key Market Driver -

Key Market Driver – • Increasing expenditure by shipping companies for incorporation of autonomous navigation technology in vessels • Rising adoption of automation to reduce safety issues and human errors

Key Market Restraint -

Key Market Restraint – • Lack of skilled employees to operate automation ships


Recently, the company named, YARA signed a contract with shipyard VARD of USD 30 million to develop the autonomous container vessel, named Yara Birkeland. These ships would be delivered by 2020. Moreover, Orolia Maritime signed a contract with Kongsberg Maritime to provide Netwave NW6000 voyage data recorders. Lack of skilled employees to operate and handle marine automation systems hampers the growth of autonomous ship market. Rise in demand for maritime tourism industry and rise in collaborations and partnerships with leading manufacturers propel the market growth.


Key Players Covered:


The leading companies in the autonomous ship market include ABB, Honeywell International, Rolls-Royce, Wartsila, Kongsberg, Siemens AG, Marine Technologies LLC, Hyundai Heavy Industries, GE, Rh Marine, Valmet, Ulstein Group ASA, Marlink, and among others.


Regional Analysis:


The autonomous ship market is analyzed across five major regions North America, Europe, Asia Pacific, and the Rest of the world.


Europe is anticipated to be the fastest-growing autonomous ship market during the forecast period. The increase in demand for autonomous ships and cruise ships in the region expected to drive the market. The presence of key players such as Wartsila, Rolls-Royce, Kongsberg, Rh Marine, and others drive the autonomous ship market across the region.


To gain extensive insights into the market, Request for Customization


Asia Pacific has significant growth during the forecast period in autonomous ship market owing to increase in naval expenditure from countries such as China, India, South Korea, and others to strengthen their naval system. China is involved in constructing Asia’s 1st and the world’s largest test field for autonomous ships in Zhuhai, Guangdong. In addition, South Korea is global leader in advanced ships, large container ships with advanced infrastructure in information and communications technology (ICT) technology driving the growth of market. The presence of key players such as HHI, DSME, Samsung, Wuchang Shipbuilding Industry Group, and others drive the autonomous ship market in Asia Pacific.


Segmentation






























 ATTRIBUTE


 DETAILS

By Autonomy




  • Fully Autonomous

  • Remote Operations

  • Partial Automation



By Ship Type




  • Commercial

  • Defense



By End-Use




  • Line fit

  • Retrofit



By Solution




  • Systems

  • Software

  • Structures



By Geography




  • North America (The U.S. and Canada)

  • Europe (The U.K, Germany, France, Italy, Russia and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Rest of the World (the Middle East and Africa and South America)



Key Industry Developments



  • In 2019 - China had designed and developed the world's first armed amphibious drone boat.

  • In 2019 - Orolia had announced partnership with Radio Holland which includes the development of a Voyage Data Recorder (VDR) especially designed to improve safe navigation and performance for inland shipping.


Autonomous Ship Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • $4850
    $6850
    $8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Aerospace & Defense Clients

Dupont
Mitsubishi
Kaman
Itic
Toyota

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X