Ulstein Group

Mar 20, 2023

ABB Ltd., L3 ASV, Honeywell International, Kongsberg Gruppen, Marine Technologies LLC, Mitsui O.S.K, Line, Northrop Grumman, Rolls-Royce, Ulstein Group ASA, Wartsila, Sea Machines Robotics, Inc., Neptec Technologies Corp., Shone Automation Inc., and Buffalo Automation, among others are some of the key players in the autonomous ships market. March 20, 2023 12:32 ET Mumbai, INDIA Brooklyn, New York, March 20, 2023 (GLOBE NEWSWIRE) -- According to a recently revamped/updated market research report published by Global Market Estimates, the Global Autonomous Ships Market is projected to grow from USD 87.5 Billion in 2023 to USD 167.5 Billion in 2028 at a CAGR of 7.1% from 2023 to 2028. The market will be driven during the forecast period by the increasing demand for fuel efficiency in marine transportation, the rising need for technologies to reduce marine collisions, and the growing demand for maritime transport for trade and tourism. Key Market Insights As per the ship type outlook, the commercial segment is expected to be the largest segment in the global market from 2023 to 2028 As per the component outlook, the hardware segment holds the largest share in the market The Asia Pacific region is analyzed to be the fastest-growing region in the market North America region will have the largest share in the market during the forecast period [2023-2028] ABB Ltd., L3 ASV, Honeywell International, Kongsberg Gruppen, Marine Technologies LLC, Mitsui O.S.K, Line, Northrop Grumman, Rolls-Royce, Ulstein Group ASA, Wartsila, Sea Machines Robotics, Inc., Neptec Technologies Corp., Shone Automation Inc., and Buffalo Automation, among others are some of the key players in the autonomous ships market Request for a Sample Copy of the Report @ https://www.globalmarketestimates.com/market-report/autonomous-ships-market-3818 Level of Autonomy Outlook (Revenue, USD Billion, 2023-2028) Semi-autonomous Commercial Hardware Carbon Neutral Fuels