The autonomous boats market is projected to grow from USD 558 million in 2024 to USD 872 million by 2029, at a CAGR of 9.3% during the forecast period. The marine sector has experienced significant growth in the last several years due to factors including increased global trade, growing environmental consciousness, and technological advancements. The integration of advanced technologies, adherence to safety standards, and robust emergency protocols collectively enhance the safety of autonomous boats, making them a viable and secure option for various maritime applications.
Kongsberg Maritime(Norway), ABB( Switzerland), Rolls-Royce PLC (UK), Hyundai Heavy Industries(South Korea), and Fugro (Netherlands) are some of the leading companies in the market. To strengthen their position in the market, these companies have implemented various growth strategies, including investments, collaborations & expansions, contracts, partnerships, and agreements.
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Major Autonomous Boats companies include:
Kongsberg Maritime a leading provider of marine technology solutions worldwide is a branch of Kongsberg Gruppen, headquartered in Kongsberg, Norway. The company provides solutions for vessel control, safety, and efficiency. It specializes in navigation systems, autonomous vessel technologies, dynamic positioning, and marine automation. Kongsberg Maritime, which is well-known for placing a high priority on innovation and research, provides cutting-edge systems and services, such as training and simulation programs, to support a wide range of maritime operations. The company is dedicated to improving safety, sustainability, and operational excellence in the maritime industry and has a global presence across major maritime hubs.
ABB headquartered in Zurich, Switzerland, is a leading global technology company specializing in electrification, robotics, automation, and digitalization solutions. Founded in 1988 from the merger of ASEA and BBC, ABB operates across various sectors, including utilities, industry, transportation, and infrastructure. The company is renowned for its innovative products and services, such as advanced power grids, industrial automation systems, and robotics, aimed at improving efficiency, sustainability, and productivity. With a strong global presence and a focus on integrating digital technologies with industrial systems, ABB is focused on driving the future of energy and automation through solutions and sustainable practices.
Rolls-Royce Ltd, headquartered in London, UK, is a renowned global engineering company specializing in high-performance power systems and propulsion technologies. Established in 1904, Rolls-Royce is well-known for its advanced engines used in aerospace, marine, and energy sectors. The company provides innovative solutions for civil and defense aviation, marine propulsion, and power generation, focusing on enhancing efficiency, sustainability, and reliability. With a strong commitment to research and development, Rolls-Royce leads in the design and manufacturing of cutting-edge technologies and services that drive performance and environmental stewardship across its diverse markets.
Hyundai Heavy Industries(South Korea)
Hyundai Heavy Industries Co., Ltd., headquartered in Ulsan, South Korea, is one of the world’s largest and most comprehensive heavy industries and shipbuilding companies. Hyundai Heavy Industries was founded in 1972 and is an industry leader in shipbuilding, industrial plant engineering, offshore engineering, and engine and machinery manufacturing. The company is well known for its high-quality and innovative products, which include offshore platforms, LNG carriers, and large container ships. It is also known for its innovations in green technology and industrial automation. Hyundai Heavy Industries is a leader in the heavy industries sector, advancing technological advancement and sustainable practices in the maritime and industrial with extensive experience and global presence.
Fugro is a prominent international supplier of geotechnical, survey, and geospatial services, with its headquarters located in Leidschendam, Netherlands. The company was established in 1962 and focuses on providing vital information and insights for environmental assessments, offshore operations, and infrastructure projects. Fugro uses technologies to support the design, building, and administration of complicated projects. These services include geotechnical investigations, land and marine surveys, and remote sensing solutions. Fugro is a global company that focuses on innovation and sustainability and assists clients in reducing risks and maximizing performance in marine industry.
Related Reports:
Autonomous Boats Market by Propulsion (Fully Electric, Fuel-powered, Hybrid Electric), Boat Size (<20 Feet, 20-40 Feet, >40 Feet), Type (Cruising Boats, Tug & Work Boats, Combat Boats), Autonomy and Region - Global Forecast to 2029
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