Global Autonomous Ships Market 2017-2025 by Type and Application - Market CAGR Expected to Grow at 12.8% - ResearchAndMarkets.com

DUBLIN--()--The "Global Autonomous Ships Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global autonomous ships market was valued at US$ 56.75 Bn in 2016 and is expected to grow at a CAGR of 12.8% during the forecast period from 2017 to 2025.

According to the U.S. Coast Guard, 96% of all marine casualty occur due to human errors. The aforementioned factor is very serious and hence has given the rise to the thought of autonomous ships.

Autonomous ships are state-of-the-art maritime transport to meet competitiveness, safety and sustainability challenges of marine transportation. Autonomous ships are capable of tackling many issues related to marine transportation such as human errors, casualty losses, adverse weather conditions and criminal activities. In addition, autonomous ships offer a variety of other merits such as efficient use of space in ship design, better fuel efficiency and reduction in transportation time.

Autonomous ship are expected to change the marine transportation by improved optimization of operations and processes and effective resource management. The aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of 12.8% during the forecast period 2017 - 2025.

The global autonomous ships market is fairly consolidated with a limited number of autonomous ship manufacturers across the world.

Key Trends:

  • Increasing investments towards testing of fully autonomous ships for commercial applications
  • Rising adoption of autonomous ships in the military and defense sector for applications such as mine counter measures, anti-submarines and maritime security, among others

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

Chapter 4 Global Autonomous Ships Market, By Type

Chapter 5 Global Autonomous Ships Market, By Application

Chapter 6 North America Autonomous Ships Market Analysis

Chapter 7 Europe Autonomous Ships Market Analysis

Chapter 8 Asia Pacific Autonomous Ships Market Analysis

Chapter 9 Rest of the World Autonomous Ships Market Analysis

Chapter 10 Company Profiles

  • Kongsberg Gruppen ASA
  • Rolls-Royce Holdings Plc
  • Automated Ships Ltd.
  • Mitsui O.S.K. Lines/Mitsui Engineering & Shipbuilding Co.
  • ASV Global
  • Vigor Industrial

For more information about this report visit https://www.researchandmarkets.com/research/59l52g/global_autonomous?w=4

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Related Topics: Maritime

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Maritime