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Pulished Date February, 2020
ID: 9169
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Autonomous Ships Market By Autonomy (Semi-Autonomous, Fully Autonomous, Remotely Controlled), By Ship Type (Commercial, Passenger and Defense), By Solutions (Systems, Software and Structures), and Regional Forecast 2020-2025

Pulished: February, 2020
ID: 9169
Pages: 145

Product Description:

Autonomous ships are ships built remotely, in which all operations are carried out by people located on the high seas. There is a need for a reliable and high-quality communication system between unmanned ships and coasts. Autonomous Ships are based on integrated sensor technology, control algorithms, communication and connection processes. Similarly, they take advantage of the fusion of dynamic location data and navigation, marine automation, satellite and location references. The control system used for autonomous lines is based on RADAR technology. An independent ship control system is connected to the simulator. Autonomous transport uses control algorithms to generate detailed 3D maps of the operational area to ensure safe operation. The sensors are used to identify problematic conditions, such as unexpected objects at sea, dangerous weather conditions or collision risks.

Market Overview

The global Autonomous Ships Market was worth US$ xx million in 2020 and is estimated to reach US$ xx million by the end of 2025, growing at an annual compound rate of xx% between 2020 and 2025.

Recent Developments and Trends

Yara Birkeland is a 120-container autonomous container ship currently under construction. Yarra International initially plans to launch a crewed vessel in 2020. With the consistent implementation of independent functions, ships are presumed to conduct autonomous uncrewed operations by 2022.

In December 2018, Rolls-Royce, one of the pioneers of autonomous technology, worked with Finnish, Finland's state ferry operator, to successfully demonstrate the world's first fully autonomous ferry, Falco.

Based in Norway, DNV GL participates in many projects for autonomous vessels. One of these projects is the NFAS (Norwegian Autonomous Ship Forum), which has the support of the Norwegian government.

Rolls-Royce and Intel have partnered to design sophisticated, intelligent transport systems. These smart connected and advanced data-based systems are foreseen to improve the safety of commercial vessels for owners, operators, cargo owners and ports.

In December 2017, Rolls-Royce and Mitsui O.S.K. Line announced that they had begun a joint study of an intelligent advisory-type recognition (IAS) system that detects obstacles near vessels equipped with advanced sensors and provides immediate operational support information to personnel on board.

Market Growth

The market is driven by factors such as the increase in world maritime trade, the increase in marine navigation, the increased demand for autonomous security ships and the rise in tourism.

Drivers 

Most sea casualties are caused by human error. This is a severe problem, and the Autonomous Ships are introduced to overcome this. The autonomous ship is designed with higher load capacity and lower wind resistance, which reduces human error, the number of accidents and improves operations and process optimization. Meanwhile, the crew payment and the lack of crew accommodation provide financial savings. The driving force behind the global autonomous ships market is that it can solve many of the problems associated with maritime transport, such as bad weather and criminal activity. In ship design, you can also use space efficiently, increase fuel efficiency and shorten transport time. 

In the global autonomous ship market, there are special tools to perform essential tasks such as energy monitoring, equipment status monitoring, analysis and remote maintenance of autonomous vessels, along with a high level of security. During the forecast period, the autonomous ship business will allow wireless observation and control operations. To operate a ship remotely, you need a sophisticated decision support system. In terms of advanced technology, the demand for the global autonomous driving market is expected to increase within the predicted period.

Restraints

But the control system involved in the global autonomous ship market is a very complicated process. As a person operates the control system on the coast, it is possible to make mistakes. These factors can slow the growth of the global market.

Market Segmentation

On the basis of Autonomy, the global autonomous ship market has been divided into semi-autonomous, remotely controlled and fully autonomous markets. Since complete autonomous vessels are expected to be marketed by 2020, market sales were mainly driven by semi-autonomous vessels. The ship is preinstalled with components and systems such as sensors and navigation systems, which play a vital role in smooth operations.

By Solution, the global market is divided into systems, software and structures. The systems and software sectors occupied the dominant market share in 2018 as the implementation of automation systems increased in already manufactured vessels.

By Ship Type, the commercial sector dominated the market and, as cargo shipments increase, the demand for ships and sailors increases, which increases operating costs, accelerating the adoption of more automation systems for commercial ships. The system is expected to reduce segmentation costs and provide more space for cargo, driving segment growth in the coming years.

Regional Analysis

By regions, the global autonomous ship market is divided into North America, Europe, the Middle East and Africa, Asia Pacific and Latin America. Countries in Europe, such as Norway, Germany, Russia, Sweden and the United Kingdom, are making significant investments in this field as investments in commercial and military autonomous vessels increase. 

In terms of revenue, the Asia-Pacific autonomous ship market dominated the business in 2018 and is predicted to maintain market dominance during the forecast period. Most of the region growth can be attributed to countries like China, which are some of the best shipping countries in the world. China has a commanding market position as the most considerable bulk and container port. 

Europe autonomous ship market is estimated to see the fastest CAGR during the forecast period due to the increased demand for cruise ships and autonomous vessels in the region. In addition, Europe has the most shipowners in the world. These shipowners are contributing to regional growth as the adoption of autonomous systems and components to modernize existing vessels increases.

Leading Company

Rolls-Royce and Kongsberg Gruppen are the main market players involved in contracts and acquisitions to increase sales of automation systems and autonomous vessels for a variety of applications.

Key Players

Key players include Yara, Rolls-Royce, Kongsberg, Spotify, Uber, Airbnb, ASV Global, Mitsui O.S.K, Lines/Mitsui Engineering & Shipbuilding Co., Automated Ships Ltd., K-MATE, Hronn and Vigor Industrial

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Autonomous Ships Market, By Autonomy                    

                                6.1.1 Semi-Autonomous              

                                6.1.2 Remotely Controlled          

                                6.1.3 Fully Autonomous

                                6.1.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.5 Y-o-Y Growth Rate Analysis             

                                6.1.6 Market Attractiveness Index          

                6.2 Autonomous Ships Market, By Ship Type                      

                                6.2.1 Commercial            

                                6.2.2 Passenger

                                6.2.3 Defence   

                                6.2.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.5 Y-o-Y Growth Rate Analysis             

                                6.2.6 Market Attractiveness Index          

                6.3 Autonomous Ships Market, By Solutions                       

                                6.3.1 Software  

                                6.3.2 Systems   

                                6.3.3 Structures

                                6.3.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Autonomy         

                                7.2.3 By Ship Type           

                                7.2.4 By Solutions            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Autonomy         

                                7.3.3 By Ship Type           

                                7.3.4 By Solutions            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Autonomy         

                                7.4.3 By Ship Type           

                                7.4.4 By Solutions            

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Autonomy         

                                7.5.3 By Ship Type           

                                7.5.4 By Solutions            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Autonomy         

                                7.6.3 By Ship Type           

                                7.6.4 By Solutions            

8. Key Player Analysis                                    

                8.1 Yara               

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Rolls-Royce                 

                8.3 Kongsberg                  

                8.4 Uber                              

                8.5 ASC Global                  

                8.6 Mitsui Engineering & Shipbuilding Co.                             

                8.7 Automated Ships Ltd                              

                8.8 K-MATE                        

                8.9 Hronn                           

                8.10 Vigor Industrial                       

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Autonomy, By Solution, By Ship Type and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Autonomous Ships Market By Region, From 2020-2025 ( USD Billion )
  2. Global Autonomous Ships Market By Autonomy, From 2020-2025 ( USD Billion )
  3. Global Semi-Autonomous Market By Region, From 2020-2025 ( USD Billion )
  4. Global Remotely Controlled Market By Region, From 2020-2025 ( USD Billion )
  5. Global Fully Autonomous Market By Region, From 2020-2025 ( USD Billion )
  6. Global Autonomous Ships Market By Ship Type, From 2020-2025 ( USD Billion )
  7. Global Commercial Market By Region, From 2020-2025 ( USD Billion )
  8. Global Passenger Market By Region, From 2020-2025 ( USD Billion )
  9. Global Defence Market By Region, From 2020-2025 ( USD Billion )
  10. Global Autonomous Ships Market By Solutions, From 2020-2025 ( USD Billion )
  11. Global Software Market By Region, From 2020-2025 ( USD Billion )
  12. Global Systems Market By Region, From 2020-2025 ( USD Billion )
  13. Global Structures Market By Region, From 2020-2025 ( USD Billion )

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