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Report
Autonomous Ships Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 143 Pages I IMARC Group
The global autonomous ships market size reached US$ 95.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 141.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.70% during 2022-2028.
Autonomous ships are technologically advanced watercrafts embedded with radio detection and ranging (RADAR), light detection and ranging (LIDAR), high-definition cameras, thermal imaging, and sonar. They assist the operating system in making decisions and reduce crew sizes to minimize the need for accommodation, simplify the design, increase cargo carrying capacity and lower building costs. As they make shipping safer by decreasing accidents, the demand for autonomous ships is escalating around the world.
Autonomous Ships Market Trends:
Presently, there is a rise in cargo shipping as it finds extensive application in transporting different goods to distant geographical locations. This, in confluence with the increasing marine accidents on account of human errors, resulting in financial losses and harm to the marine ecosystem, represents one of the key factors catalyzing the demand for autonomous ships across the globe. Apart from this, a high degree of isolation and the unattractive nature of the job is restricting millennials worldwide from becoming seafarers. This, along with the growing requirement of seagoing professionals for maritime trading, acts as another factor influencing the demand for unmanned ships positively. Furthermore, the integration of artificial intelligence (AI) and robotics with autonomous ships and advancements in sensor technologies for improved navigation systems is creating a favorable market outlook. Moreover, leading market players are focusing on incorporating the Internet of Things (IoT) and other innovative technologies to reduce the environmental footprint of maritime traffic and improve the efficiency of autonomous marine ventures. Other major factors, including a significant rise in seaborne trade, increase in maritime tourism, and extensive investments in research and development (R&D) activities to develop reliable and cost-effective functioning of unmanned vessels, are anticipated to impel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global autonomous ships market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, level of autonomy, fuel type, installation and ship type.
Breakup by Component:
Hardware
Software
Breakup by Level of Autonomy:
Semi-Autonomous
Fully-Autonomous
Breakup by Fuel Type:
Carbon Neutral Fuel
Liquefied Natural Gas
Electric Batteries
Heavy Fuel Oil (HFO)
Breakup by Installation:
OEM
Retrofit
Breakup by Ship Type:
Commercial Ships
Defense Ships
Passenger Ships
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, BAE Systems plc, DNV AS, General Electric Company, Honeywell International Inc., Kongsberg Gruppen, L3Harris Technologies Inc., Mitsui & Co. Ltd., Rolls-Royce plc, Samsung Heavy Industries Co. Ltd., Siemens AG, Ulstein Group ASA, Valmet Oyj and Wartsila.
Key Questions Answered in This Report:
How has the global autonomous ships market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global autonomous ships market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the level of autonomy?
What is the breakup of the market based on the fuel type?
What is the breakup of the market based on the installation?
What is the breakup of the market based on the ship type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global autonomous ships market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Autonomous Ships Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Level of Autonomy
7.1 Semi-Autonomous
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Fully-Autonomous
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Fuel Type
8.1 Carbon Neutral Fuel
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquefied Natural Gas
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electric Batteries
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Heavy Fuel Oil (HFO)
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Installation
9.1 OEM
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Retrofit
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Ship Type
10.1 Commercial Ships
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Defense Ships
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Passenger Ships
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 ABB Ltd
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 BAE Systems plc
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 DNV AS
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 SWOT Analysis
16.3.4 General Electric Company
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Honeywell International Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Kongsberg Gruppen
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 L3Harris Technologies Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 Mitsui & Co. Ltd.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 Rolls-Royce plc
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Samsung Heavy Industries Co. Ltd.
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 Siemens AG
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 Ulstein Group ASA
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.13 Valmet Oyj
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis
16.3.14 Wartsila
16.3.14.1 Company Overview
16.3.14.2 Product Portfolio
16.3.14.3 Financials
16.3.14.4 SWOT Analysis
Figure 1: Global: Autonomous Ships Market: Major Drivers and Challenges
Figure 2: Global: Autonomous Ships Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Autonomous Ships Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Autonomous Ships Market: Breakup by Component (in %), 2022
Figure 5: Global: Autonomous Ships Market: Breakup by Level of Autonomy (in %), 2022
Figure 6: Global: Autonomous Ships Market: Breakup by Fuel Type (in %), 2022
Figure 7: Global: Autonomous Ships Market: Breakup by Installation (in %), 2022
Figure 8: Global: Autonomous Ships Market: Breakup by Ship Type (in %), 2022
Figure 9: Global: Autonomous Ships Market: Breakup by Region (in %), 2022
Figure 10: Global: Autonomous Ships (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Autonomous Ships (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Autonomous Ships (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Autonomous Ships (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Autonomous Ships (Semi-Autonomous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Autonomous Ships (Semi-Autonomous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Autonomous Ships (Fully-Autonomous) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Autonomous Ships (Fully-Autonomous) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Autonomous Ships (Carbon Neutral Fuel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Autonomous Ships (Carbon Neutral Fuel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Autonomous Ships (Liquefied Natural Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Autonomous Ships (Liquefied Natural Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Autonomous Ships (Electric Batteries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Autonomous Ships (Electric Batteries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Autonomous Ships (Heavy Fuel Oil-HFO) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Autonomous Ships (Heavy Fuel Oil-HFO) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Autonomous Ships (OEM) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Autonomous Ships (OEM) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Autonomous Ships (Retrofit) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Autonomous Ships (Retrofit) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Autonomous Ships (Commercial Ships) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Autonomous Ships (Commercial Ships) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Autonomous Ships (Defense Ships) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Autonomous Ships (Defense Ships) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Autonomous Ships (Passenger Ships) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Autonomous Ships (Passenger Ships) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Autonomous Ships Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Autonomous Ships Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Autonomous Ships Industry: SWOT Analysis
Figure 86: Global: Autonomous Ships Industry: Value Chain Analysis
Figure 87: Global: Autonomous Ships Industry: Porter's Five Forces Analysis
Table 1: Global: Autonomous Ships Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Autonomous Ships Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Autonomous Ships Market Forecast: Breakup by Level of Autonomy (in Million US$), 2023-2028
Table 4: Global: Autonomous Ships Market Forecast: Breakup by Fuel Type (in Million US$), 2023-2028
Table 5: Global: Autonomous Ships Market Forecast: Breakup by Installation (in Million US$), 2023-2028
Table 6: Global: Autonomous Ships Market Forecast: Breakup by Ship Type (in Million US$), 2023-2028
Table 7: Global: Autonomous Ships Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 8: Global: Autonomous Ships Market: Competitive Structure
Table 9: Global: Autonomous Ships Market: Key Players
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