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Autonomous Ships Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global autonomous ships market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2021-2026. 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 Wärtsilä.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Component, Level of Autonomy, Fuel Type, Installation, Ship Type, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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 Wärtsilä.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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    Wärtsilä
           16.3.14.1 Company Overview
           16.3.14.2 Product Portfolio
           16.3.14.3 Financials
           16.3.14.4 SWOT Analysis

List of Figures

Figure 1: Global: Autonomous Ships Market: Major Drivers and Challenges
Figure 2: Global: Autonomous Ships Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Autonomous Ships Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Autonomous Ships Market: Breakup by Component (in %), 2020
Figure 5: Global: Autonomous Ships Market: Breakup by Level of Autonomy (in %), 2020
Figure 6: Global: Autonomous Ships Market: Breakup by Fuel Type (in %), 2020
Figure 7: Global: Autonomous Ships Market: Breakup by Installation (in %), 2020
Figure 8: Global: Autonomous Ships Market: Breakup by Ship Type (in %), 2020
Figure 9: Global: Autonomous Ships Market: Breakup by Region (in %), 2020
Figure 10: Global: Autonomous Ships (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Autonomous Ships (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Autonomous Ships (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Autonomous Ships (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Autonomous Ships (Semi-Autonomous) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Autonomous Ships (Semi-Autonomous) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Autonomous Ships (Fully-Autonomous) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Autonomous Ships (Fully-Autonomous) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Autonomous Ships (Carbon Neutral Fuel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Autonomous Ships (Carbon Neutral Fuel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Autonomous Ships (Liquefied Natural Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Autonomous Ships (Liquefied Natural Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Autonomous Ships (Electric Batteries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Autonomous Ships (Electric Batteries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Autonomous Ships (Heavy Fuel Oil-HFO) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Autonomous Ships (Heavy Fuel Oil-HFO) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Autonomous Ships (OEM) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Autonomous Ships (OEM) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Autonomous Ships (Retrofit) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Autonomous Ships (Retrofit) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Autonomous Ships (Commercial Ships) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Autonomous Ships (Commercial Ships) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Autonomous Ships (Defense Ships) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Autonomous Ships (Defense Ships) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Autonomous Ships (Passenger Ships) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Autonomous Ships (Passenger Ships) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: North America: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: North America: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: United States: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: United States: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Canada: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Canada: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Asia-Pacific: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Asia-Pacific: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: China: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: China: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Japan: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Japan: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: India: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: India: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: South Korea: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: South Korea: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Australia: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Australia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Indonesia: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Indonesia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Others: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Europe: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Europe: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Germany: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Germany: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: France: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: France: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: United Kingdom: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: United Kingdom: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Italy: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Italy: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Spain: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Spain: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Russia: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Russia: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Others: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Latin America: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Latin America: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Brazil: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Brazil: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Mexico: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Mexico: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Others: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Others: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Middle East and Africa: Autonomous Ships Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Middle East and Africa: Autonomous Ships Market: Breakup by Country (in %), 2020
Figure 84: Middle East and Africa: Autonomous Ships Market Forecast: Sales Value (in Million US$), 2021-2026
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

List of Tables

Table 1: Global: Autonomous Ships Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Autonomous Ships Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Autonomous Ships Market Forecast: Breakup by Level of Autonomy (in Million US$), 2021-2026
Table 4: Global: Autonomous Ships Market Forecast: Breakup by Fuel Type (in Million US$), 2021-2026
Table 5: Global: Autonomous Ships Market Forecast: Breakup by Installation (in Million US$), 2021-2026
Table 6: Global: Autonomous Ships Market Forecast: Breakup by Ship Type (in Million US$), 2021-2026
Table 7: Global: Autonomous Ships Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Autonomous Ships Market: Competitive Structure
Table 9: Global: Autonomous Ships Market: Key Players

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