Press release
Autonomous Ships Market 2020-2030 Future Product Development Plans | Covid-19 Impact Analysis | ABB Ltd., L3 ASV, Honeywell International, Kongsberg Gruppen, Marine Technologies, Northrop Grumman, Rolls-Royce, Ulstein Group ASA, Wartsila
In the world where tech giants such as Google, Tesla, and Uber are eager to see driverless cars roaming on the street, the time is close when autonomous ships would dominate oceans.
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According to a recent report published by Allied Market Research, titled, "Autonomous Ships Market by Level of Autonomy, Ship Type, and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2020-2030," The global autonomous ships market size was valued at $88,013.3 million in 2020, and is projected to reach $134,900.0 million by 2030, registering a CAGR of 4.4% from 2020 to 2030. The semi-autonomous by level of autonomy segment was the highest contributor to the market in 2020, accounting for $86,885.8 million, and is estimated to reach $126,119.5 million by 2030, registering a CAGR of 3.8% during the forecast period. In 2020, the autonomous ships market share accounted highest for the Asia-Pacific region.
Key drivers that are propelling the growth of the Autonomous Ships market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.
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The report presents in-depth insights into each of the leading Autonomous Ships end user verticals along with annual forecasts to 2026. The report provides revenue forecast with sales, and sales growth rate of the global Autonomous Ships market. The forecasts are also provided with respect to the product, application, and regional segments of the market. The forecasts are issued to understand the future outlook and prospects of the industry.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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Top 10 leading companies in the global Autonomous Ships market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Autonomous Ships products and services. The key players operating in the global Autonomous Ships industry include ABB Ltd., L3 ASV, Honeywell International, Kongsberg Gruppen, Marine Technologies LLC, Mitsui O.S.K. Lines, Northrop Grumman, Rolls-Royce, Ulstein Group ASA, and Wartsila.
Latest news and industry developments in terms of market expansions, acquisitions, growth strategies, joint ventures and collaborations, product launches, market expansions etc. are included in the report.
Key Benefits
o The report provides a qualitative and quantitative analysis of the current Autonomous Ships market trends, forecasts, and market size from 2018 to 2030 to determine the prevailing opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market report also provides an understanding of the current position of the market players active in the Autonomous Ships industry.
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Highlights of the Report
o Competitive landscape of the Autonomous Ships Market.
o Revenue generated by each segment of the Autonomous Ships market by 2026.
o Factors expected to drive and create new opportunities in the Autonomous Ships industry.
o Strategies to gain sustainable growth of the market.
o Region that would create lucrative business opportunities during the forecast period.
o Top impacting factors of the Autonomous Ships market.
Sea trials to test 'AI Captain' of Mayflower Autonomous Ship | https://www.mayflower400uk.org/news/2020/march/sea-trials-to-test-ai-captain-of-mayflower-autonomous-ship/
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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