Industry: Aerospace & Defense | Publish Date: 16-May-2025 | No of Pages: 438 | No. of Tables: 652 | No. of Figures: 577 | Format: PDF | Report Code : AD342
The global Autonomous Ships Market size was valued at USD 6.57 billion in 2019 and is predicted to reach USD 10.74 billion by 2030, with a CAGR of 4.5% from 2020-2030.
Autonomous ships are semi-automatic or fully-automatic crewless ships, technologically designed to operate with minimum or no human intervention. Fully-autonomous ships are equipped with sensors, GPS navigation, propulsion, auxiliary and other required software, as well as hardware systems that assist the ship in operating as per the environmental condition. On the other hand, semi-autonomous ships are partially automated and they require human interference from off board control units.
Benefits offered by autonomous ships such as: decreased labour costs, reduced risk of accidents, cost-effective and reliable functioning, as well as easy operations with higher efficacy; are expected to drive the growth of autonomous ships market, throughout the forecast period.
The global autonomous ships market is proliferating, owing to the upsurge in international sea-trade, soaring demand for cargo, augmentation in marine tourism, escalation in marine security, and stringent environmental regulations.
Additionally, the growing demand for smart ships, and upsurge in competition among manufactures; further supplements the growth of autonomous ships market.
However, complex nature of technology and increasing incidences of cyber-attacks are projected to hamper the autonomous ships market growth.
Moreover, increasing penetration of AI, IoT and advanced navigation technologies, higher adoption of live tracking and integrated radar systems, as well as growing safety concerns regarding the preservation of marine ecosystems, are the factors anticipated to create several lucrative opportunities in the global autonomous ships market in coming future.
The global autonomous ships market share has been analyzed based on autonomy level, fuel type, ship type, component, and geography. Based on autonomy level, the market is segmented into semi-autonomous and fully-autonomous. Based on fuel type, the market is fragmented into carbon neutral fuels, LNG, electric batteries, and heavy fuel oil/marine engine fuel. Based on ship type, the market is classified into commercial, passenger, and defense. Based on component, the autonomous ships market is classified into hardware and software. Geographic breakdown and analysis of each of the previously mentioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.
North America is estimated to account for the major market share in the global autonomous ships market, owing to the increase in overseas trade and cargo. Furthermore, presence of advanced technology, well-established infrastructures, surging marine tourism and high per capita income are the factors anticipated to drive the autonomous ships market growth.
Asia Pacific dominated the global autonomous ships market in the past, but the trend is expected to change during the forecast period. Factors such as growing demand for commercial ships, increasing exports in global trade, presence of harbour in more numbers, as well as evolving emerging economies specifically India and China, are expected in propagating the autonomous ships market growth throughout the forecast period.
Europe is expected to demonstrate a substantial growth in the autonomous ships market, witnessing the highest CAGR values, due to growing demand for cruisers, presence of huge number of ship owners, and conversion of traditional ships into autonomous ships.
The autonomous ships market is highly competitive and consists of various market players. Some of the major market players include ABB, Rolls-Royce Plc, Wartsila, Kongsberg Maritime, Honeywell International Inc., Hyundai Heavy Industries, Fugro, Neptec Technologies, General Electric, L3Harris Asv, Northrop Grumman Corporation, Mitsui E&S Holdings Co., Ltd., Valmet, Aselsan A.S., Bae Systems, Samsung Heavy Industries Co., Ltd., Marine Technologies Llc, DNV GL, Ulstein, Vigor Industrial Llc among others.
The key players are employing strategies such as product launches, acquisition, and technical collaboration, in-order to gain stronger position in the global autonomous ships market.
For instance, in September 2019, L3Harris Technologies, one of the key players in autonomous ships market announced the launch of its brand-new class of Autonomous Surface Vehicle (ASV) equipped with advanced capabilities, aimed at assisting United Kingdom’s Royal Navy to comprehend the maintenance of technical advantage over potential adversaries.
In December 2019, Sea Machines Robotics, Inc., one of the leading companies in autonomous ships market, collaborated with HamiltonJet to reinforce its autonomous-control and jet propulsion systems. The amalgamation of jet systems and sea machines for commercial vessels enables the owner to enhance the operational capabilities, precise station-keeping, increased maneuverability, and allows even emergency stops.
In January 2020, Kongsberg Gruppen., one of the major players in autonomous ships market, announced that it had received a 20.1 million Euro investment from Horizon 2020, an EU research program for its Norwegian autonomous-ship project named ‘AUTOSHIP,’ with an objective to install, monitor, and test two vessels in different operational environments. AUTOSHIP is a four-year Horizon 2020 project, set to be fulfilled by the collaboration of major giants viz. KONGSBERG and SINTEF, along with the participation of several European partners and under the support of the Research Council Organization of Norway.
Partially Autonomous
Remotely Autonomous
Fully Autonomous
Systems
Communication and Connectivity
Satellite Systems
Terrestrial System
Mobile Communication Network
Alarm Management Systems
Surveillance and Safety System
Radar
Automatic Identification System
Optical and Infra-red Cameras
High-resolution Sonar
Navigation Systems
LiDAR
GPS
Others
Power Management System
Propulsion Control System
Others
Software
Data Analysis Software
Artificial Intelligence
Computer Vision
Machine Learning
Structures
Commercial
Passenger Vessels
Cruise Ship
Passenger Ferries
Yachts and motorboats
Cargo Vessels
Bulk Carrier
Tanker
Barges and tugboats
Container vessels
Dry cargo vessels
Others
Defense
Aircraft Carriers
Amphibious Ships
Destroyers
Frigates
Submarines
Others
Carbon Neutral Fuels
LNG
Electric Batteries
Heavy fuel Oil/Marine Engine Fuel
Personal
Commercial
Defense
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
RoW
UAE
Saudi Arabia
South Africa
Brazil
Remaining Countries
ABB
Rolls-Royce Plc
Wartsila
Kongsberg Maritime
Honeywell International Inc.
Hyundai Heavy Industries
Fugro
Neptec Technologies
General Electric
L3Harris Asv
Northrop Grumman Corporation
Mitsui E&S Holdings Co., Ltd.
Valmet
Aselsan A.S.
Bae Systems
Samsung Heavy Industries Co., Ltd.
Marine Technologies Llc
DNV GL
Ulstein
Vigor Industrial Llc
REPORT SCOPE AND SEGMENTATION:
Parameters |
Details |
Analysis Period |
2019–2030 |
Base Year Considered |
2020 |
Forecast Period |
2020–2030 |
Market Size Estimation |
Billion (USD) |
Market Segmentation |
Autonomous Ships Market by Autonomy Type (Partially Autonomous, Remotely Autonomous, Fully Autonomous), by Solution (Systems, Intelligence Awareness System, Power Management System, Propulsion Control System, Other, Software, Structures), by Ship Type (Commercial, Passenger Vessels, Cargo Vessels, Defense), by Propulsion Type (Carbon Neutral Fuels, LNG, Electric Batteries, and others), by End Users (Personal and Commercial) - Global Opportunity Analysis and Industry Forecast, 2020 – 2030 |
Geographical Segmentation |
North America (U.S., Canada, Mexico), Europe (UK, Germany, Denmark, Greece, Norway, Rest of Europe), Asia-Pacific (China, Japan, Singapore, Australia, South Korea, Rest of APAC), Rest of the World (Latin America, Middle East, Africa) |
Companies Profiled |
ABB, Rolls-Royce Plc, Wartsila, Kongsberg Maritime, Honeywell International Inc., Hyundai Heavy Industries, Fugro, Neptec Technologies, General Electric, L3Harris Asv, Northrop Grumman Corporation, Mitsui E&S Holdings Co., Ltd., Valmet, Aselsan A.S., Bae Systems, Samsung Heavy Industries Co., Ltd., Marine Technologies Llc, DNV GL, Ulstein, Vigor Industrial Llc. |
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