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Global Autonomous Ships Market: By Level of Autonomy: Semi-Autonomous, Fully Autonomous; By Component: Hardware, Software; By Ship Type: Commercial Ships, Others; By Fuel Type; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Autonomous Ships Market Outlook

The global autonomous ships market attained a value of nearly USD 84.6 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 7.2% to reach about USD 128.4 billion by 2026.

 

Increase in the Demand for Freight Transportation through Marine to Propel Demand in the Industry

There is an increase in demand for cargo transportation via waterways. Because of the safe and secure nature of sea transportation, a large number of cargos are effectively moved to other ports. Additionally, compared to road and air transits, cargo ships are less expensive for delivering products since ships can transport more cargo in a shorter amount of time. This is aiding the market growth of autonomous ships.

 

Global Autonomous Ships Market

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The autonomous ships industry is expected to grow due to recent advances in commercial boats and big companies' invention of cargo ships. Furthermore, the deployment of autonomous marines, particularly in cargo ships, is projected to increase demand for freight transportation via maritime routes. As a result, all of these factors are expected to contribute to an increase in demand for cargo transportation by sea in the forecast period, thereby aiding the autonomous ships industry.

 

Autonomous Ships: Industry Definition and Segmentation

Autonomous ships are watercrafts that are controlled by artificial intelligence (AI). These vehicles might be unmanned and operate automatically, similar to a seagoing drone. Autonomous ships employ a network of sensors paired with sensor fusion to provide an accurate composite view of the environment to the ship's AI.

The major levels of autonomy in autonomous ships are:

  • Semi-Autonomous
  • Fully Autonomous

The market can be broadly categorised on the basis of its components into:

  • Hardware
  • Software

The market can be divided based on ship type into:

  • Commercial Ships
  • Defence Ships
  • Passenger Ships

The industry is fragmented by fuel type into:

  • Carbon Neutral Fuels
  • Liquefied Natural Gas
  • Electric Batteries
  • Heavy Fuel Oils (HFO)

The EMR report looks into the regional markets of autonomous ships like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Increase in Operational Safety of Ships to Boost the Autonomous Ships Industry

New defence and commercial vessels are outfitted with cutting-edge technologies to increase safety and efficiency. The deployment of sophisticated technologies is a key driver in the market for autonomous ships. As there will be no personnel on board to control the operations of the autonomous ships that are in the market, they will either be outfitted with artificial intelligence, Internet of Things (IoT), cloud computing, and other new technologies, or their activities will be remotely managed from a land-based control centre. This helps to minimise the frequency of accidents caused by human mistake since these autonomous ships are outfitted with modern sensors, infrared cameras, developed radar and LIDAR modules, automated identification systems, and other features that make ship operation safer and is expected to propel the demand for autonomous ships in future.

 

Key Industry Players in the Global Autonomous Ships Market

The report presents a detailed analysis of the following key players in the global autonomous ships market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • ABB Ltd.
  • L3Harris Technologies, Inc.
  • Rolls-Royce PLC
  • Wärtsilä
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Level of Autonomy, Component, Ship Type, Fuel Type, Region
Breakup by Level of Autonomy Semi-Autonomous, Fully Autonomous
Breakup by Component Hardware, Software
Breakup by Ship Type Commercial Ships, Defence Ships, Passenger Ships
Breakup by Fuel Type Carbon Neutral Fuels, Liquefied Natural Gas, Electric Batteries, Heavy Fuel Oils (HFO)
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ABB Ltd., L3Harris Technologies, Inc., Rolls-Royce PLC, Wärtsilä, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Autonomous Ships Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Autonomous Ships Historical Market (2016-2020) 
    8.3    Global Autonomous Ships Market Forecast (2021-2026)
    8.4    Global Autonomous Ships Market by Level of Autonomy
        8.4.1    Semi-Autonomous
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Fully Autonomous
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Autonomous Ships Market by Component
        8.5.1    Hardware
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Software
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
    8.6    Global Autonomous Ships Market by Ship Type
        8.6.1    Commercial Ships
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Defence Ships
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Passenger Ships
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
    8.7    Global Autonomous Ships Market by Fuel Type
        8.7.1    Carbon Neutral Fuels
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Liquefied Natural Gas
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Electric Batteries
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Heavy Fuel Oils (HFO)
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2016-2020)
            8.7.4.3    Forecast Trend (2021-2026)
    8.8    Global Autonomous Ships Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    ABB Ltd.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    L3Harris Technologies, Inc.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Rolls-Royce PLC
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Wärtsilä
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Autonomous Ships Market: Key Industry Highlights, 2016 and 2026
2.    Global Autonomous Ships Historical Market: Breakup by Level of Autonomy (USD Million), 2016-2020
3.    Global Autonomous Ships Market Forecast: Breakup by Level of Autonomy (USD Million), 2021-2026
4.    Global Autonomous Ships Historical Market: Breakup by Component (USD Million), 2016-2020
5.    Global Autonomous Ships Market Forecast: Breakup by Component (USD Million), 2021-2026
6.    Global Autonomous Ships Historical Market: Breakup by Ship Type (USD Million), 2016-2020
7.    Global Autonomous Ships Market Forecast: Breakup by Ship Type (USD Million), 2021-2026
8.    Global Autonomous Ships Historical Market: Breakup by Fuel Type (USD Million), 2016-2020
9.    Global Autonomous Ships Market Forecast: Breakup by Fuel Type (USD Million), 2021-2026
10.    Global Autonomous Ships Historical Market: Breakup by Region (USD Million), 2016-2020
11.    Global Autonomous Ships Market Forecast: Breakup by Region (USD Million), 2021-2026
12.    North America Autonomous Ships Historical Market: Breakup by Country (USD Million), 2016-2020
13.    North America Autonomous Ships Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Europe Autonomous Ships Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Europe Autonomous Ships Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Asia Pacific Autonomous Ships Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Asia Pacific Autonomous Ships Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Latin America Autonomous Ships Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Latin America Autonomous Ships Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Middle East and Africa Autonomous Ships Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Middle East and Africa Autonomous Ships Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    Global Autonomous Ships Market Structure

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