Learn about the global autonomous ships market through The Business Research Company, which provides information on autonomous ships market size, autonomous ships market drivers and restraints, autonomous ships market players, the COVID-19 impact on the autonomous ships market, and more.

The global autonomous ships market size is expected to grow from $6.46 billion in 2021 to $6.88 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The global autonomous ship market size is expected to grow to $8.89 billion in 2026 at a CAGR of 6.6%.

Increasing marine accidents caused by human errors lead to high financial losses which are predicted to act as a major driver for the growth of the autonomous ships market.

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The autonomous ships market consists of sales of autonomous ships and related services. The autonomous ship is also known as crewless watercraft piloted by artificial intelligence (AI) without human interference. These ships are unmanned and function autonomously as a type of seafaring drone. Autonomous ships work on artificial intelligence technology and sensors which include lidar, radar, high definition cameras, sonar, and thermal imaging.

Global Autonomous Ships Market Segments Include:
By Autonomy: Fully Autonomous, Remote Operations, Partial Autonomous

By End-User: Commercial, Defense

By Propulsion Type: Fully Electric, Hybrid

By Fuel Type: Carbon Neutral Fuels, LNG, Electric, and Heavy Fuel Oil/Marine Engine Fuel

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the autonomous ships market in 2021.

Major companies undertaking various strategic initiatives like the development of fully autonomous ships, which is likely to be a major trend driving the growth of the autonomous ships industry.

TBRC’s autonomous ships market report covers:

Major Market Players: General Electric, DNV GL, Rolls-Royce Holding PLC, Kongsberg Gruppen AS, NYK Line, Mitsui E&S Holdings Co Ltd, Wärtsilä Corporation, DSME Co. Ltd, Vigor Industrial LL, and Praxis Automation Technology B.V.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Autonomous Ships Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides autonomous ships market overviews, analyzes and forecasts market size, share, autonomous ships market players, autonomous ships market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s autonomous ships market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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