Autonomous Ships Market
Global Autonomous ships Market was valued at US$ 6.5Bn in 2017 and is expected to reach US$ 14.2Bn by 2026, at a CAGR of 10.26% during a forecast period. Due are increasing seaborne trade. Rising in ship-to-ship and ship-to-shore communication and connectivity, rising demand for security from natural threats in sea. These technologies are being pursued most vigorously by the nuclear-armed nations and factors to impact more on the growth of Autonomous ships Market. Based on the Application, Commercial segment is expected to hold the largest share in the market during the forecast period. Trends illustrate two sides of the same coin: as ships get bigger and companies aim at achieving economies of scale. Rising tourist and rising income are some effects in this segment growth, Changes in policymakers to support technological advances and cost savings. The report reveals, the top 10 liner shipping companies operated more than 61 per cent of the global container fleet. UNCTAD argues t...