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The global autonomous ships market size was USD 6.40 billion in 2020.The market is expected to grow from USD 6.55 billion in 2021 to USD 12.07 billion in 2028 at a CAGR of 9.13% in the 2021-2028 period.

This information is published by Fortune Business Insights, in its report, titled, “Autonomous Ships Market, 2021-2028.”

As per our analysts, the inclusion of the latest and ground-breaking technologies in ships is a factor that bolsters the market growth as well as product demand.

The effect of the pandemic was registered on the naval industry. For instance, according to the report presented by the United Nations Conference on Trade and Development (UNCTAD) 2020, global marine trade was deteriorated by 4.1% in 2020.

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