Autonomous Ships Global Market to Reach $14.7 Billion by 2030: Growing Integration of Technology in Dock Management Systems Fuels the Sector

DUBLIN, July 12, 2023 /PRNewswire/ -- The "Autonomous Ships: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Autonomous Ships estimated at US$8 Billion in the year 2022, is projected to reach a revised size of US$14.7 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Commercial, one of the segments analyzed in the report, is projected to record 8.5% CAGR and reach US$9.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Defense segment is readjusted to a revised 7.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 7.4% CAGR

The Autonomous Ships market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 6.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.5% CAGR.

Select Competitors (Total 44 Featured) -

• ABB Ltd.
• BAE Systems plc
• Buffalo Automation
• DNV GL
• Fugro
• Hyundai Heavy Industries Co., Ltd.
• Kongsberg Gruppen
• L3Harris Technologies Inc.
• Mitsui O.S.K. Lines
• Northrop Grumman Corporation
• Rolls-Royce PLC
• Samsung Heavy Industries Co., Ltd
• Sea Machines Robotics, Inc.
• Vigor Industrial
• Wartsila Oyj Abp

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• The Race Between the Virus & Vaccines Intensifies. Amidst this Chaotic Battle, Where is the World Economy Headed?
• Progress on Vaccinations: Why Should Businesses Care?
• With IMF's Upward Revision of Global GDP Forecasts, Most Companies are Bullish about an Economic Comeback Despite a Continuing Pandemic
• A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2023
• Global Autonomous Ships Market under the COVID-19 Lens
• Competitive Scenario
• Autonomous Ships - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Increasing Sea-Based Trade and Tourism Drives Growth of the Global Autonomous Ships Market: Global Market Prospects & Outlook
• Global Autonomous Ships Market by Ship Type (2021 & 2027): Percentage Breakdown of Sales for Commercial and Defense
• Analysis by Autonomy
• Global Autonomous Ships Market by Autonomy (2021 & 2027): Percentage Breakdown of Sales for Partial Automation, Fully Autonomous, and Remote Operations
• Analysis by End-Use
• Global Autonomous Ships Market by End-Use (2021 & 2027): Percentage Breakdown of Sales for Line Fit, and Retrofit
• Regional Analysis
• World Autonomous Ships Market by Region (2021 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
• World Autonomous Ships Market - Geographic Regions Ranked by CAGR (Value Sales) for 2020-2027: China, Asia-Pacific, USA, Europe, Canada, Rest of World, and Japan
• China Aims at Being Leading Autonomous Shipping Country
• An Insight into Autonomous Ships
• Autonomous Vessels: A Brief Note
• Regulating Autonomous Vessels
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Sailing Towards Autonomous Shipping Technology
• Requirements for Sustainable Autonomous Technology Implementation
• Norway Research Institutes Pioneering Fully Automated Vessels
• Autonomous Vessels and the Maritime Industry
• Innovators in the Autonomous Vessels Industry
• Future of Artificial Intelligence (AI) at Sea
• Industry Adoption of Artificial Intelligence (AI) by Function: 2020
• Autonomous Docking Presenting Solutions to Complex Problems
• Severe Impact of Pandemic on Supply Chain Networks Derails Market Momentum
• Global Losses in Supply Chain as a % of Earnings Before Interest, Taxes, Depreciation & Amortization (EBITDA) in the Year 2020
• Growing Integration of Technology in Dock Management Systems
• Big Data & Cloud Technology Seek to Expand Role in Dock Management
• Global Cloud Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
• Global Adoption Rates (in %) of Big Data Technologies by Industry (2021E)
• Autonomous Vessels Helping Coast Guards in Safeguarding the Waters
• Steady Growth in Seaborne Trade Volumes Drives Demand for Autonomous Ships
• World Seaborne Trade: Total Volume of Goods Loaded in Billion Tons for the Years 2010 through 2020
• Seaborne Trade Outlook: Projected Seaborne Trade Volume in Billion Tons for the Years 2020, 2025, 2030 and 2035
• Rise in Number of Container Ships and Gas Carrier Marine Freight Worldwide: An Opportunity for the Market
• Shipbuilding Activity Trends Influence Dynamics of Autonomous Ships Market
• Rising Commercial Maritime Activity: Opportunity Indicator for Autonomous Ships
• World Seaborne Trade (in Billions of Cargo Ton Miles) for the Years 2015, 2017 and 2019
• Naval Autonomous Ships: Geopolitical Conflicts & Quest for Military Supremacy Widen the Business Case
• Healthy Defense Spending to Amplify the Need for Autonomous Naval Ships: Projected Defense Budget (In US$ Billion) for the Years 2019, 2021 and 2023
• Pandemic Affects the Military & Defense Sector
• Global Defense & Related Technologies Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
• Military Expenditure as a % of GDP in Select Countries
• How Tourism & Leisure Industry Is Impacted by the Pandemic & What's the New Normal?
• Global Tourism Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
• World Cruise Passengers (in Millions) for the Years 2010, 2015 and 2019-2021E
• Leisure Marine Industry amid COVID-19 Pandemic
• Percentage of People Going to Boating Regularly in the US by Age Group: 2019
• Challenges Associated with Autonomous Shipping
• Autonomous Ships Pose Survival Challenge to the Shipping Sector
• Impact of Autonomous Vessels on Employment
• Flags of Convenience

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/mm8id

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