Global Autonomous Ships Market Forecast to 2030 - Focus on Digital Marine Automation Systems, Vessel Traffic Management System, & Integrated Ship Automation Systems
DUBLIN, Jan. 16, 2019 /PRNewswire/ --
The "Autonomous Ships Market by Autonomy (Fully Autonomous, Remote Operations, Partial Automation), Ship Type (Commercial, Defense), End Use (Linefit, Retrofit), Solution (Systems, Software, Structures), and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The autonomous ships market is estimated to be USD 6.1 billion in 2018 and is projected to reach USD 13.8 billion by 2030, at a CAGR of 7.00% from 2018 to 2030.
Autonomous ships are one of the variants of automated vessels. These ships involve the integration of various systems and subsystems enabling effective decision making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or eliminating human intervention. Some of the major factors driving this market include the increasing global sea trade, improving marine navigational safety resulting in lesser accidents, and growing maritime tourism.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the autonomous ships market.
Automation systems act as important risk management tools as they help in the detection of individual component failures in a ship, to ensure safety. According to the report published by Sea Europe in 2018, the marine sector has been witnessing growth in the number of delivery of ships, boats, and submarines since 2011. However, in 2016, the shipbuilding industry reported a decline in orders for new ships due to the oversupply of tankers, container ships, and bulkers. Nonetheless, the growth in maritime tourism resulted in an upsurge in sales of passenger ships, and cruises, in the same year. Thus, the rise in the number of commercial vessels is one of the most significant factors driving the autonomous ships market.
The autonomous ships market is anticipated to witness moderate growth in the near future, primarily driven by an increase in demand for modern technologies such as propulsion systems, safety systems, and ship health monitoring systems from the commercial sector and the rise in passenger and freight movement.
Technological advancements have resulted in the development of smart automation systems and autonomous ships with high performance, thereby enhancing growth prospects for manufacturers of marine automation systems. The growth of the market is, however, restrained by an increase in cybersecurity threats. The lack of skilled personnel to handle and operate marine automation systems is a key challenge to the growth of the autonomous ships market.
Key Topics Covered:
1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.3 Primary Data
2.4 Market Size Estimation
2.5 Data Triangulation
2.6 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Growth Opportunities in Autonomous Ships Market
4.2 Europe Autonomous Ships Market, By Solution
4.3 Asia Pacific Autonomous Ships Market, By Ship Type & Country
4.4 North America Autonomous Ships Market, By Ship Type
4.5 Asia Pacific Autonomous Ships Market, By Autonomy
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Automation to Reduce Human Errors and Risks
5.2.1.2 Increased Budgets of Shipping Companies for the Incorporation of ICT in Vessels
5.2.1.3 Increasing Demand for Situational Awareness in Vessels
5.2.1.4 Growing Maritime Tourism Industry Expected to Lead to the Development of Automation Systems in Passenger Vessels
5.2.2 Restraints
5.2.2.1 Vulnerability of Ships to Cyber Threats Due to Automation
5.2.3 Opportunities
5.2.3.1 Initiatives for the Development of Autonomous Ships
5.2.3.2 Revision and Formulation of Marine Safety Regulations in Several Countries
5.2.4 Challenges
5.2.4.1 Cost-Intensive Customization of Marine Automation Systems
5.2.4.2 Lack of Skilled Personnel to Handle and Operate Marine Automation Systems
5.2.4.3 Lack of Common Standards for Data Generated From Different Subsystems in A Ship
5.2.4.4 Unclear Regulatory Framework for Autonomous Ships
6 Industry Trends
6.1 Introduction
6.2 Autonomous Ships Roadmap
6.3 Technological Advancements in the Marine Industry
6.3.1 Artificial Intelligence
6.3.2 Big Data Analytics
6.3.3 Satellite Communication Enabling Connectivity With Multiple Sites
6.3.4 Internet of Things (IoT)
6.4 Technology Trends
6.4.1 Digital Marine Automation Systems
6.4.1.1 Sensor Fusion Solutions
6.4.1.2 Control Algorithms
6.4.1.3 Conning Systems
6.4.1.4 Connectivity Solutions
6.4.1.5 Autopilot
6.4.1.6 Mooring Control and Monitoring Systems
6.4.1.7 Automated Radar Plotting Aid / Navigation Radar Servers (NRS)
6.4.1.8 Electronic Chart Display and Information System
6.4.1.9 Communication Systems
6.4.1.10 Voyage Data Recorders
6.4.1.11 Decision Support Systems
6.4.2 Vessel Traffic Management System
6.4.3 Autonomous Ships
6.4.4 Integrated Ship Automation Systems
6.5 Innovations and Patent Registrations, 2011-2016
7 Autonomous Ship Market, By Autonomy
7.1 Introduction
7.2 Partial Automation
7.2.1 Increasing Demand on Board Automation Systems is Expected to Drive the Demand for Partial Automation
7.3 Remote Operations
7.3.1 Increasing Investments in Remotely Operated Ships is Expected to Drive the Demand for Remotely Operated Vessels
7.4 Fully Autonomous
7.4.1 Increasing Investments on Developing Autonomous Ships is Expected to Drive the Demand for Fully Autonomous Ships
8 Autonomous Ships Market, By Solution
8.1 Introduction
8.2 Systems
8.2.1 Communications & Connectivity
8.2.1.1 Rising Demand for Satellite Connectivity and Mobile Satellite Devices is Expected to Drive the Market for Communications & Connectivity
8.2.1.1.1 Satellite System
8.2.1.1.2 Very Small Aperture Terminal
8.2.1.1.3 Terrestrial Communication System
8.2.2 Intelligent Awareness Systems
8.2.2.1 Alarm Management Systems
8.2.2.1.1 Increasing Demand for Systems to Detect System Failures and Predictive Maintenance
8.2.2.2 Surveillance and Safety Systems
8.2.2.2.1 Ensuring Safe and Secure Navigation of Ships Will Boost Demand for Surveillance and Safety
8.2.2.3 Navigation Systems
8.2.2.3.1 Need for Efficient Route Planning for Ships Will Boost Demand for Navigation Systems
8.2.2.3.1.1 Lidar
8.2.2.3.1.2 Gps
8.2.2.3.1.3 Inertial Navigation System
8.2.2.3.1.4 Radar
8.2.2.3.1.5 Automatic Identification System
8.2.2.3.1.6 Optical and Infra-Red Cameras
8.2.2.3.1.7 High-Resolution Sonar
8.2.3 Reliability, Health, and Safety Management
8.2.3.1 Ship Information Management Systems
8.2.3.1.1 Increasing Demand to Have Onboard Information of Ships in Data Centers is Expected to Drive the Market for Ship Information Management Systems
8.2.3.2 Ballast Management Systems
8.2.3.2.1 Stringent Regulations to Treat Ballast Water in Ships is Driving the Growth of Ballast Management
8.2.3.3 Propulsion Control Systems
8.2.3.3.1 Optimum Performance of Propulsion Systems is Driving the Demand for Propulsion Control System
8.2.3.4 Machinery Management Systems
8.2.3.4.1 Importance of Monitoring Health and Functions of Vessel Systems is Driving the Growth of the Machinery Management Systems
8.2.3.5 Thruster Control Systems
8.2.3.5.1 Enhancing Easy Maneuvering of Ship is Driving the Demand for Thruster Control Systems
8.2.3.6 Power Management Systems
8.2.3.6.1 Importance of Continuing Power Supply in Vessels is Supporting the Growth of Pms
8.3 Software
8.3.1 Fleet Management Software
8.3.1.1 Increase in Marine Vessel Deliveries Will Boost Demand for Fleet Management Software
8.3.2 Data Analysis Software
8.3.2.1 IoT Based Sensors and Alarm Monitoring Sensors are Supporting the Growth of Data Analysis Software
8.3.3 Artificial Intelligence
8.3.3.1 Increasing Demand for Autonomous Ships is Expected to Drive the Market for Artificial Intelligence During the Forecast Period
8.3.3.1.1 Machine Learning
8.3.3.1.2 Computer Vision
8.4 Structures
8.4.1 Increasing Demand for Remotely Operated Vessel and Fully Autonomous Ships is Expected to Drive the Demand for Structures Segment
9 Autonomous Ships Market, By Ship Type
9.1 Introduction
9.2 Commercial
9.2.1 Bulk Carrier
9.2.1.1 Increasing Demand for World Seaborne in Dry Bulk Cargoes is Expected to Drive the Demand for Autonomous Ships
9.2.2 Gas Tanker
9.2.2.1 Increasing Demand for Seaborne Lpg Trade is Expected to Drive the Market for Autonomous Ships
9.2.3 Tankers
9.2.3.1 Increase in the Demand for Seaborne Tanker Shipping Service is Expected to Drive the Market for Autonomous Ships
9.2.4 Passenger Cruise
9.2.4.1 Growth in International Sea Travel Will Boost Demand in Passenger Ships & Cruises
9.2.5 Dry Cargo
9.2.5.1 Container
9.2.5.1.1 Increasing Seaborne Trade is Expected to Drive the Demand for Container Ships
9.2.5.2 General Cargo
9.2.5.2.1 Increasing Seaborne Trade for General Cargo is Expected to Drive the Demand for General Cargo Ships
9.2.6 Others
9.2.6.1 Research Vessels
9.2.6.1.1 Increasing Demand of Research Vessel for Oceanographic Research, Seismic Surveys, Polar Research, Naval/Defense Research, Fisheries Research, and Oil Exploration is Expected to Drive the Market for Autonomous Ships During the Forecast Period
9.2.6.2 Dredgers
9.2.6.2.1 Growing Demand for Energy, and Water Related Tourism is Expected to Drive the Demand for Dredgers in Autonomous Ships Market
9.2.6.3 Others
9.2.6.3.1 Increasing Demand for Offshore Vessels, Tugboats is Expected to Drive the Market for Autonomous Ships During the Forecast Period
9.3 Defense
9.3.1 Aircraft Carrier
9.3.1.1 Upgradation of New Components is Driving the Growth of Aircraft Carriers
9.3.2 Amphibious
9.3.2.1 Increase in Demand for Amphibious Warfare Ships By Various Countries is Expected to Drive the Market for Autonomous Ships
9.3.3 Destroyer
9.3.3.1 Increase in Demand for Destroyers to Help Large Vessels and Protect Them Against Small But Powerful Short-Range Attackers
9.3.4 Frigate
9.3.4.1 Improvising the Co-Ordination in the Naval Fleet is Driving the Growth in Frigates
9.3.5 Submarine
9.3.5.1 Growing Demand for Cheap Small Submarines for Operations in Shallow Waters is Driving the Demand for Submarines
9.3.6 Nuclear Submarine
9.3.6.1 Growing Demand for Underwater Stealth for Longer Duration is Driving the Demand for Submarines
10 Autonomous Ships Market, By End Use
10.1 Introduction
10.2 Line Fit
10.2.1 Increase in the Deliveries of New Ship is Expected to Drive the Demand in Line Fit Segment
10.3 Retrofit
10.3.1 Rise in the Upgradation of Automation Systems for Older Vessels is Expected to Drive the Demand in Retrofit Segment
11 Regional Analysis
12 Competitive Landscape
12.1 Introduction
12.2 Ranking Analysis of Companies in Autonomous Ships Market, 2017
12.3 Competitive Scenario
12.3.1 Contracts
12.3.2 New Product Launches
12.3.3 Acquisitions
12.3.4 Agreements, Partnerships, Expansion and Collaborations
13 Company Profiles
13.1 ABB
13.2 Honeywell International
13.3 Rolls-Royce
13.4 Wartsila
13.5 Kongsberg Gruppen
13.6 Siemens
13.7 Hyundai Heavy Industries (Hhi)
13.8 General Electric (Ge)
13.9 Rh Marine
13.10 Valmet
13.11 Ulstein
13.12 Marlink
13.13 Marine Technologies LLC
13.14 Praxis Automation & Technology B.V.
For more information about this report visit https://www.researchandmarkets.com/research/fw6nmm/global_autonomous?w=5
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article