Forecasting the Autonomous Boats Market Growth Rate: 2023-2032

The Autonomous Boats Global Market Report 2023, provides comprehensive information on the autonomous boats market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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The global autonomous boats market size is expected to grow from $1.14 billion in 2022 to $1.22 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autonomous boats market size is expected to grow to $1.56 billion in 2027 at a CAGR of 6.3%.

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Technology advancement is a key trend gaining popularity in the autonomous boats market. Major companies operating in the autonomous boats market are focused on developing new technological solutions to strengthen their position in the market. For instance, in November 2021, Yara Birkeland, a Norway-based manufacturer of electric and autonomous container vessels, innovated the first completely autonomous, electric cargo ship in the world. It will replace 40,000 trips made by diesel-powered trucks annually and reduce CO2 emissions by 1,000 tons.

The autonomous boats market is segmented:

1) By Type: Commercial, Military
2) By Component: Hardware, Software
3) By Fuel Type: Carbon Neutral Fuels, Liquefied Natural Gas, Electric Batteries, Heavy Fuel Oils (HFO)
4) By Autonomy: Partial Automation, Remotely Operated, Fully Autonomous

Asia-Pacific was the largest region in the autonomous boats market in 2022.

Major Players

• ABB Ltd.
• BAE System,
• The General Electric Company (GE)
• Honeywell International Inc.
• Kongsberg Maritime

The table of contents in TBRC’s autonomous boats market report includes:

1.Executive Summary
2. Autonomous Boats Market Characteristics
3. Autonomous Boats Market Trends And Strategies
4. Autonomous Boats Market – Macro Economic Scenario
5. Autonomous Boats Market Size And Growth

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26Africa Autonomous Boats Market
27. Autonomous Boats Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Autonomous Boats Market
29. Autonomous Boats Market Future Outlook and Potential Analysis
30. Appendix

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