Autonomous Ships Market Global Growth, Trends, Forecast | Business Revenue And Outlook, 2020-30

The Business Research Company offers " Autonomous Ships Market Global Report 2020-30: Covid 19 Growth and Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global autonomous ships market is expected to decline from $6.36 billion in 2019 to $5.77 billion in 2020 at a compound annual growth rate (CAGR) of -9.23%. The decline is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing and remote working, and the closure of industries and other commercial activities. The entire supply chain from production to international trade has been impacted. The market is then expected to recover and reach $7.28 billion in 2023 at CAGR of 8.05%.

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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.

The increasing threat of cybersecurity and privacy is expected to limit the growth of the autonomous ships market during the forecast period. The advancements in technology and adoption of artificial intelligence (AI), mobility systems, and the internet of things (IoT) are creating higher chances of cybersecurity and data threats which is a major challenge for the autonomous ship industry.

Autonomous Ships Market Segmentation: -
By Autonomy
1. Fully Autonomous
2. Remote Operations
3. Partial Autonomous

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Few Points From Table Of Content
1. Executive Summary
2. Autonomous Ships Market Characteristics
3. Autonomous Ships Market Size And Growth
4. Autonomous Ships Market Segmentation
5. Autonomous Ships Market Regional And Country Analysis
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25. Autonomous Ships Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Autonomous Ships Market
27. Autonomous Ships Market Trends And Strategies
28. Autonomous Ships Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the autonomous ships market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the autonomous ships market are 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 LLC., Praxis Automation Technology B.V.

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