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Global Autonomous Ships Market Size, by Type, by Fuel Type, by End Use, by Component, by Autonomy, and, by Region; Trend Analysis, Competitive Market Share & Forecast, 2016-26

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  • 125 Pages
  • January 2020
  • Region: Global
  • Blueweave Consulting & Research Pvt Ltd
  • ID: 4997124
The Global Autonomous Ships is expected to grow at a significant rate during the forecast period. The Global Autonomous Ships Market is projected to reach the valuation of $14.7 Billion by the year 2026 by growing at a CAGR of 4.4% during the forecast period 2016- 2026. The market is growing owing to various factors. The surge in the ability of autonomous technology to tackle several issues associated with marine transportation, fatality, adverse climate situations, and criminal activities, propel the market of autonomous ships. Besides, autonomous ships have the ability to use space in designing ship efficiently, has better fuel effectiveness, and takes less transportation time. Global autonomous ships market has a special tool, which performs essential tasks such as energy supervision, equipment health monitoring, and analytical and remote maintenance for autonomous ships. Also, it provides a higher level of safety, as there is no possibility of human errors except technical issues.

Heavy Fuel Oil segment in Fuel Type is expected to maintain its dominance throughout Forecast horizon

On the premise of Fuel Type, the heavy fuel oil/marine engine fuel segment is projected to maintain its dominance during the forecast horizon. It is due to its properties such as high density and high viscosity and application of high alkaline cylinder lubrication for neutralizing the acid generated by high Sulphur content in HFOs.

Increase in Demand for Cargo Transportation through Marines

Several cargos are proficiently transported to the other ports owing to the safe and secure environment of marine transportation. It is surging the demand for the transportation of cargo through waterways, thereby boosting the market growth of Autonomous ships during the forecast horizon 2016-2026. Moreover, autonomous cargo ships are less expensive as compared to land and airfreights. Autonomous ships can transport more carriages from one place to another within a short period.

Increase in Operational Safety of Ships

Autonomous ships are equipped with technologies such as artificial intelligence, IoT, cloud computing, and other advanced technologies or their operations, which can be controlled by the shore master from the control room remotely. Autonomous ships are equipped with several advanced sensors, radar, automatic identification systems, infrared cameras, and others, which decrease the incidence of an accident. Besides, grounding of vessels, shipyard accidents, sailboat accidents, freight transport accidents, and others are minimized to a certain degree by installing automated features on boats. Developments in automation also help to increase the operational safety of ships.

Anticipated Trend in Ships Transportation

The steps toward automation in the field of marine along with the demonstrations and analysis of autonomous ships of large firms have created various countries to develop autonomous ships.

Europe accounts for the lion’s share of the global Autonomous Ships market during the anticipated period

By geography, the Autonomous Ships market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is anticipated to grow at the highest CAGR, owing to the adoption of autonomous technology in marine transport along with the implementation of new technologies in the region. Asia-Pacific is expected to maintain the highest revenue contribution during the forecast period due to the increase in the sale & production of ships and the constant adoption of trending technologies along with the speedy adoption of automation.

Autonomous Ships Market: Competitive Landscape

The major market players in the Autonomous ships are Rolls-Royce, ABB Ltd., Honeywell International, L3 ASV, Marine Technologies LLC, Kongsberg Gruppen, Northrop Grumman, Mitsui O.S.K. Lines, Ulstein Group ASA, Wartsila, Airbnb, Automated Ships Ltd., K-MATE, ASV Global, Vigor Industrial and other prominent players are expanding their presence in the market by implementing various innovations and technology.

The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of autonomous Ships’ market size & forecast. The report promises to provide state-of-the-art innovations of autonomous Ships and industry insights, which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive analysis of the market.

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Table of Contents

1. Research Framework
1.1. Research Objective
1.2. Automation Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Automations
2.2. Quantitative Research
2.2.1. Primary & Secondary Automations
2.3. Breakdown of Primary Research Respondents, By Region
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents
2.5. Market Size Estimation
2.6. Assumption For The Study
2.7. Market Breakdown & Data Triangulation
3. Executive Summary
4. Global Smart Card Insights
4.1. DROC Analysis
4.1.1. Growth Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Technological Landscape
4.3. Regulatory Framework
4.4. Company Market Share Analysis, 2019
4.5. Porter’s Five forces analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Intensity of Rivalry
5. Global Smart Card Market Overview
5.1. Market Estimates & Forecast By Value, 2016-2026
5.1.1. By Value (USD)
5.2. Market Share & Forecast
5.2.1. By Type Contactless Contact-based Other Card Type
5.2.2. By Component Hardware Smart Card Readers Others
5.2.3. By Application Ticketing Identity Management Security and Payments Access Management Others
5.2.4. By End-User BFSI Retail Government Healthcare IT and Telecommunication Other End-user Industries
5.2.5. By Region North America Europe Asia Pacific Latin America Middle East & Africa
6. North America Smart Card Market
6.1. Market Estimates & Forecast By Value, 2016-2026
6.1.1. By Value (USD)
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By Component
6.2.3. By Application
6.2.4. By End-User
6.2.5. By Country U.S Canada
7. Europe Smart Card Market
7.1. Market Estimates & Forecast By Value, 2016-2026
7.1.1. By Value (USD)
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Component
7.2.3. By Application
7.2.4. By End-User
7.2.5. By Country Germany U.K France Italy Spain Rest of Europe
8. Asia Pacific Smart Card Market
8.1. Market Estimates & Forecast By Value, 2016-2026
8.1.1. By Value (USD)
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Component
8.2.3. By Application
8.2.4. By End-User
8.2.5. By Country China India Japan South Korea Rest of Asia Pacific
9. Latin America Smart Card Market
9.1. Market Estimates & Forecast By Value, 2016-2026
9.1.1. By Value (USD)
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Component
9.2.3. By Application
9.2.4. By End-User
9.2.5. By Country Brazil Mexico Argentina Rest of Latin America
10. Middle East & Africa Smart Card Market
10.1. Market Estimates & Forecast By Value, 2016-2026
10.1.1. By Value (USD)
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Component
10.2.3. By Application
10.2.4. By End-User
10.2.5. By Country Saudi Arabia UAE South Africa Rest of Middle East & Africa
11. Company Profile (Company Overview, Financial Matrix, Automation landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
11.1. Cardcom Technology
11.2. CardLogix Corporation
11.3. CPI Card Group
11.4. Eastcompeace Technology Co. Ltd
11.5. American Banknote Corporation
11.6. Bartronics
11.7. Beijing Datang Smartcard Technology Co. Ltd
11.8. Inteligensa Group
11.9. KONA I
11.10. NXP Semiconductors NV
11.11. Oberthur
11.12. Perfect Plastic Printing Corporation
11.13. SCM Microsystems
11.14. Square, Inc.
11.15. VALID
11.16. Verifone
11.17. Watchdata
11.18. Wuhan Tianyu
11.19. Gemalto NV
11.20. Giesecke & Devrient (G&D) GmbH
11.21. Goldpac Group
11.22. HENGBAO
11.23. Hypercom
11.24. IDEMIA
11.25. Infineon Technologies AG
11.26. Other Prominent Players