Autonomous Ships Market Forecasts to 2028 | Drivers and Opportunities| Key player Analysis ABB, Mitsui E&S Holdings Co., Ltd, Marlink, Marine Technologies LLC

According to Stratistics MRC, the Global Autonomous Ships Market is accounted for $5.80 billion in 2020 and is expected to reach $13.65 billion by 2028 growing at a CAGR of 11.3% during the forecast period. The increasing use of automated systems to scale back human errors and risks, development of next-generation autonomous vessels and increasing development of software are the major factors driving the market growth. However, vulnerability related to cyber threats is restraining the market growth.

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Based on end user, the linefit segment is estimated to have a lucrative growth due to the increased investments in naval defence by various countries and rise in seaborne trade activities across the globe. By geography, Asia Pacific is going to have high growth during forecast period. Asia Pacific has witnessed rapid economic development over the years, increasing maritime trade. This uplift in sea trade has eventually led to an increasing demand for ships to transport manufactured goods worldwide. Thus, the increasing number of ships has uplift the demand for autonomous ships in the Asia Pacific region.

Some of the key players profiled in the Autonomous Ships Market include ABB, Mitsui E&S Holdings Co., Ltd, Marlink, Marine Technologies LLC, Ladar Ltd, L3Harris Asv, Kongsberg, Hyundai Heavy Industries, Honeywell International Inc, General Electric, Fugro, DNV Gl, Buffalo Automation, BAE System and Aselsan A.S. Company.

Autonomy’s Covered:
• Fully Autonomous
• Partial Automation
• Remote Operations

Solutions Covered:
• Systems
• Software
• Structures

Types Covered:
• Maritime Autonomous Ships
• Small Autonomous Ships

Propulsions Covered:
• Fully Electric
• Hybrid
• Conventional

Components Covered:
• Hardware
• Software

Ship Types Covered:
• Commercial
• Defense

Fuel Types Covered:
• Carbon Neutral Fuels
• Liquefied Natural Gas (LNG)
• Electric Batteries
• Heavy fuel Oil (HFO)/Marine Engine Fuel

End Users Covered:
• Linefit
• Retrofit

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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