Market Overview

Global Autonomous Ship and Ocean Surface Robot Market Report 2018: Expected Revenue of $3.48 Billion by 2035, Growing at a CAGR of 26.7%

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Global Autonomous Ship and Ocean Surface Robot Market Report 2018: Expected Revenue of $3.48 Billion by 2035, Growing at a CAGR of 26.7%

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DUBLIN, Aug. 15, 2018 /PRNewswire/ --

The "Global Autonomous Ship and Ocean Surface Robot Market: Focus on Mode of Operation, Subsystem, End User, and Application - Analysis and Forecast, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

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The autonomous ship market is expected to cumulatively generate a revenue of $3.48 billion by 2035, growing at a CAGR of 26.7% in terms of volume during the period 2024-2035. In terms of value, the global ocean surface robot market accounted for $505.7 million in the year 2017.

With increasing seaborne trade worldwide, there is an imminent need to reduce the risk factors associated with the cargo, make room for more cargo, and automate the operations. Therefore, with the prospect of implementing autonomy in the ship industry, there is an increase in the demand for unmanned ocean-going vehicles and ships as they fundamentally eliminate the operators from the platform and allow new modes of operations.

Ocean surface robots, popularly known as unmanned surface vehicles, come in varied forms and greatly depend on their intended function. Initially, the ocean surface robots were designed and developed for educational use. However, with continued advancements in the system, ocean surface robots have been increasingly utilized for environment data collection and monitoring, thus acting as more efficient and cost-effective solutions than the conventional ocean-going ships.

Furthermore, autonomy is also used for cargo shipping, thus reducing the overall cost associated with crew handling. With the increase in the automation of operations, there has been a decrease in the cargo shipping cost, thereby reducing the average earning of cargo shipping service providers.

The autonomous ship and ocean surface robot market has witnessed a high growth rate owing to enhanced advantages of these systems in environmental monitoring and increasing need for maritime security. The rising need for autonomy in the ocean-going vehicles by law enforcement agencies, commercial industries, scientific research organizations, and naval forces has driven the demand for autonomous ships and ocean surface robots. These vehicles are capable of carrying out maritime applications without the need for an onboard human operator.

In addition, the growing maritime challenges increase the demand for the autonomous ship and ocean surface robot to perform operations including environmental monitoring, seabed mapping, anti-submarine warfare, and underwater mine-hunting, among others. Considering an optimistic scenario, autonomous ships are expected to be commercially available in the market by 2024 with more than 130 ships from 2024 to 2035. In terms of value, the global ocean surface robot market accounted for $505.7 million in the year 2017.

With Europe having the highest market share during the period 2017-2028, the demand for ocean surface robots across different geographies in the near future is expected to be promising. The region is anticipated to witness the highest growth rate during the period 2018-2028 mainly due to factors such as increased investment by the government and the development and enhancement of ocean surface robot subsystems by various companies.

The following points provide a concrete description of topics covered in the report:

  • What was the market size of the ocean surface robots market in terms of value and volume in 2017, and what will be the growth rate during the forecast period 2018-2028?
  • What number of autonomous ships are commercially available in the market from 2024 to 2035 for optimistic, idealistic, and pessimistic scenarios?
  • Which companies are involved in the ecosystem of autonomous ship industry? What are the major developments by these industry players?
  • What is the market size of different modes of operations of semi-autonomous and fully-autonomous ocean surface robots?
  • What was the market value of different subsystems of ocean surface robots in 2017? What are the technological advancements in every subsystem?
  • What is the market analysis of end users of ocean surface robots, such as naval, commercial, scientific research, and law enforcement, on the basis of different applications?
  • What is the market size of ocean surface robots on the basis of the leading nations across different geographical regions? Furthermore, what is the market analysis of regions on the basis of different end users?
  • What are the key trends and opportunities in the ocean surface robot market across nations and regions globally?
  • What are the major driving forces that are expected to increase the demand of autonomous ships and ocean surface robots during the forecast period?
  • What are the major challenges inhibiting the growth of the global autonomous ship and ocean surface robot market?
  • What kind of new strategies are adopted by the existing market players to make a mark in the autonomous ship and ocean surface robot industry?
  • What is the competitive strength of the key players in the ocean surface robot market through market share analysis and player positioning model?
  • Who are the key players operating in the market, along with their business financials, company snapshots, key products & services, major developments, SWOT analysis and future programs?

Key Topics Covered:

Executive Summary

1 Market Dynamics
1.1 Overview
1.2 Market Drivers
1.2.1 Enhanced Advantages in Environmental Monitoring
1.2.2 Increasing Need for Maritime Security
1.2.3 Growing Investments in Marine Robotics Technology
1.3 Market Challenges
1.3.1 Lack of Rules and Regulations
1.3.2 Automation Challenges to Ship Designer
1.4 Market Opportunities
1.4.1 Advantages Attributed to Autonomous Cargo Ships
1.4.2 Advantages of Electrically-Powered Engines

2 Competitive Insights
2.1 Overview
2.2 Key Market Strategies and Developments
2.2.1 Partnerships, Agreements, and Contracts
2.2.2 Product Launches
2.2.3 Mergers and Acquisitions
2.2.4 Other Developments
2.3 Market Share Analysis and Player Ranking

3 Industry Analysis
3.1 Overview
3.2 Product Mapping of Autonomous Ships and Ocean Surface Robots
3.3 Value Chain Analysis
3.4 Industry Attractiveness: Porter's Five Forces Analysis

4 Global Autonomous Ship and Ocean Surface Robot Market
4.1 Assumptions and Limitations
4.2 Market Overview

5 Global Autonomous Ship Market, 2024-2035
5.1 Market Overview
5.2 Autonomy in Ships: An Advancement in Ship Intelligence
5.3 Economic Benefits of Autonomous Ships
5.4 Ongoing Projects and Partnerships
5.5 The Case of Rolls-Royce: Advanced Autonomous Waterborne Applications Initiative (AAWA) Project

6 Global Ocean Surface Robot Market, 2017-2028
6.1 Market Overview
6.2 Global Ocean Surface Robot Market (by Mode of Operation)
6.2.1 Market Overview
6.2.2 Semi-Autonomous Ocean Surface Robot
6.2.3 Fully-Autonomous Ocean Surface Robot
6.3 Global Ocean Surface Robot Market (by Subsystem)
6.3.1 Market Overview
6.3.2 Propulsion System
6.3.3 Sensory System
6.3.4 Connectivity and Communication System
6.3.5 Structure
6.4 Global Ocean Surface Robot Market (by End User and Application)
6.4.1 Market Overview
6.4.2 Naval
6.4.2.1 Anti-Submarine Warfare
6.4.2.2 Intelligence, Surveillance, and Reconnaissance (ISR)
6.4.2.3 Maritime Security
6.4.2.4 Mine Counter-Measures
6.4.3 Commercial
6.4.3.1 Oil and Gas Exploration
6.4.3.2 Ocean Data Collection
6.4.3.3 Transportation
6.4.4 Scientific Research
6.4.4.1 Oceanographic and Hydrographic Survey
6.4.4.2 Seabed Mapping
6.4.4.3 Environmental Data Collection
6.4.5 Law Enforcement
6.4.5.1 Search and Rescue
6.4.5.2 Coast Guard
6.5 Global Ocean Surface Robot Market (by Region)
6.5.1 Market Overview
6.5.2 North America Ocean Surface Robot Market
6.5.2.1 North America Ocean Surface Robot Market Analysis (by End User)
6.5.2.2 The U.S.
6.5.2.3 Canada
6.5.3 Europe Ocean Surface Robot Market
6.5.3.1 Europe Ocean Surface Robot Market Analysis (by End User)
6.5.3.2 The U.K.
6.5.3.3 Denmark
6.5.3.4 Norway
6.5.3.5 Finland
6.5.3.6 Russia
6.5.3.7 Rest-of-Europe
6.5.4 Asia-Pacific Ocean Surface Robot Market
6.5.4.1 Asia-Pacific Ocean Surface Robot Market Analysis (by End User)
6.5.4.2 China
6.5.4.3 India
6.5.4.4 Japan
6.5.4.5 Rest-of-Asia-Pacific
6.5.5 Rest-of-the-World (RoW) Ocean Surface Robot Market
6.5.5.1 Rest-of-the-World Ocean Surface Robot Market Analysis (by End User)
6.5.5.2 Middle East
6.5.5.3 Latin America
6.5.5.4 Africa

7 Company Profiles
7.1 Overview
7.2 ASV Global
7.3 Atlas Elektronik GmbH (ThyssenKrupp)
7.4 Automated ships Ltd.
7.5 BAE Systems plc
7.6 ECA Group
7.7 Elbit Systems Ltd.
7.8 Kongsberg Gruppen
7.9 Liquid Robotics
7.10 Rafael Advanced Defense Systems Ltd.
7.11 Rolls-Royce Holding plc
7.12 Saab AB
7.13 SeaRobotics
7.14 Singapore Technologies Engineering Ltd.
7.15 Textron Inc.
7.16 Thales Group
7.17 Other Key Players
7.17.1 Al Marakeb
7.17.2 iXblue
7.17.3 Oceanalpha Co., Ltd.
7.17.4 Marine Advanced Research
7.17.5 Maritime Robotics
7.17.6 Teledyne Marine

8 Research Scope and Methodology
8.1 Scope of the Report
8.2 Global Autonomous Ship and Ocean Surface Robot Market Research Methodology

9 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/4jbs6s/global_autonomous?w=5

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