Autonomous Ships Market – Trends Forecast Till 2028

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Autonomous Ships Market Growth, Industry Share,
Trends, Overview Forecast 2028
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Autonomous Ships Market Growth, Industry Share,
Trends, Overview Forecast 2028
Autonomous Ships Market by Level of Autonomy
(Semi-autonomous and Fully-autonomous), Ship Type
(Commercial, Passenger, and Défense), Component
(Hardware and Software) and Fuel Type (Carbon
Neutral Fuels, LNG, Electric, and Heavy Fuel
Oil/Marine Engine Fuel) and region (North
America, Europe, Asia-Pacific, Middle East and
Africa and South America). The global autonomous
ships market size is estimated to be valued at
USD 85.84 billion in 2020, registering a CAGR of
4.8 from 2021 to 2028. ABB, GENERAL ELECTRIC,
Vigor Industrial LLC., Honeywell International
Inc., Rolls-Royce plc, Wärtsilä, KONGSBERG,
Siemens, Hyundai Heavy Industries Co., Ltd.,
Marine Technologies, LLC, Praxis Automation
Technology B.V., L3Harris Technologies, Inc.,
Northrop Grumman., Mitsui ES Holdings Co., Ltd.,
DNV GL, Fugro, Valmet, ASELSAN A.S., BAE Systems
are the key players in the market.
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Market Overview
Autonomous ships also known as crewless ships are
equipped with the software hardware without
human interference. The components such as
sensors, automated navigation, propulsion
auxiliary systems, GPS tracker, and others,
present in the ships help to make decision in
accordance with the environment. Moreover, the
partially automated ships are controlled
monitored through the off-board control centers
with the interference of humans. In addition,
autonomous ships have their complete operations
controlled by the advanced operating systems,
which enables it to take decisions and actions by
itself. Demand for smart and autonomous ships,
which can reduce human involvement in the
operation is the major factor that has supported
long-term expansion for Autonomous Ships
Market. Unlike other industries, the shipping
industry have also suffered due to the COVID-19
disease. According to estimations from the
International Chamber of Shipping (world's
principal shipping organization, which represents
around 80 of the world's merchant tonnage,
through membership by national shipowners
associations), every month roughly 100,000
seafarers reach the end of their employment
contract and need to be repatriated.
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Market Segmentation
Autonomous Ships Market is segmented into
component, level of autonomy, fuel type, ship
type and region

• On the basis of Component
• Hardware
• Software
• On the basis of Level of Autonomy  
• Semi-Autonomous
• Fully-Autonomous

• On the basis of Fuel Type  
• Carbon Neutral Fuels
• Liquefied natural gas
• Electric batteries
• Heavy fuel oils (HFO)

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Market Segmentation

• On the basis of Ship Type
• Commercial ships
• Defence ships
• Passenger ships
• On the basis of Region
• Asia Pacific
• North America
• Europe
• South America
• Middle East Africa

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Competitive Landscape

• ABB
• GENERAL ELECTRIC
• Vigor Industrial LLC.
• Honeywell International Inc.
• Rolls-Royce plc
• Wärtsilä
• KONGSBERG
• Siemens
• Hyundai Heavy Industries Co., Ltd.
• Marine Technologies LLC

• Praxis Automation Technology B.V.
• L3Harris Technologies, Inc.
• Northrop Grumman.
• Mitsui ES Holdings Co., Ltd.
• DNV GL
• Fugro
• Valmet
• ASELSAN A.S.
• BAE Systems

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Recent Developments

• Kongsberg Maritime signed a contract with China
  Merchants Jinling Shipyard (Weihai) to provide
  propulsion and manoeuvring system for two
  roll-ons, roll-off passenger (RoPax) vessels
  under construction for Finnlines. The two
  230m-long vessels will be deployed in the Baltic
  Sea by 2023 after they are delivered.
• Kongsberg Maritime and Massterly, a Kongsberg
  Wilhelmsen joint venture, signed contracts with
  the leading Norwegian grocery distributor ASKO to
  equip two new vessels with autonomous technology
  and manage their operations at sea.

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Contact Information
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