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Breakdown of the autonomous surface vessel market by use case

Nick Chubb by Nick Chubb
2 years ago
Reading Time: 6 mins read
Breakdown of the autonomous surface vessel market by use case
Table of Contents
  1. Defence
  2. Autonomous and remote vessel management
  3. Unmanned workboats
  4. Supporting technology
  5. Decision Support Systems
  6. Surface Drones
  7. Unmanned Merchant Ships
  8. Vessel construction and design

The Maritime Autonomous Surface Ship market was worth an estimated $1.5bn USD in 2020 and is projected to be worth $5.3bn by 2025. But how is that market currently broken down and how will each of those market sectors grow over the next five years? The MASS market is broken down into eight sectors; defence, autonomous and remote vessel management, unmanned workboats, decision support systems, surface drones, unmanned merchant ships, and autonomous vessel construction and design. Below, we have outlined each of those sectors, their contribution to the overall market, and our forecast of their growth trajectory. This analysis is based on a group of 74 commercial organisations operating in this sector.

Defence

The defence sector is characterised by a small number of large contractors that have been operating for much of the last century. Major players in this space include L3 Harris, BAE Systems, and Rafael Advanced Defence Systems. The US Navy was the most active customer operating in this space through 2020, issuing several large contracts for the construction of unmanned surface vessels including a $42million contract awarded to six US defence contractors.

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