The maritime safety system refers to planned solution and services implemented by shipping companies to ensure ship and marine environment safety. MSS aims to alert the system about the position and safety-related concerns about the ships in the vicinity, search and rescue coordination, and protection from terrorism, piracy, robbery, illegal trafficking activities, and others. The main types of systems include ship security reporting system, automatic identification system (AIS), global maritime distress safety system (GMDSS), long range tracking and identification (LRIT) system, vessel monitoring and management system, other systems (automated manifest system (AMS), and automated mutual assistance vessel rescue system (AMVER). Security reporting system refers to electric systems used to prevent or abate potential risks in ships by taking less hazardous processes programs to reduce injuries and property loss. The maritime safety system are used for loss prevention and detection, security management, counter piracy, coastal monitoring, safety of ship, pollution prevention and response (PPR) management. They used by government institutions, oil & gas, marine & construction, shipping & transportation, cargos & containers, other end-users. The maritime safety system market research report is one of a series of new reports from The Business Research Company that provides maritime safety system market statistics, including maritime safety system industry global market size, regional shares, competitors with a maritime safety system market share, detailed maritime safety system market segments, market trends and opportunities, and any further data you may need to thrive in the maritime safety system industry. This maritime safety system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global maritime safety system market size grew from $18.45 billion in 2022 to $19.87 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. 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 maritime safety system market size is expected to grow to $26.04 billion in 2027 at a CAGR of 7.0%. The growing maritime trade and transportation are expected to propel the maritime safety system market. The increased well-being of consumers leads to increased production. The lower emissions on long voyages, maritime trade, and transportation assist producers in remaining competitive. The volume of products moved on a single trip is greater, making sea transport more cost-effective and environmentally friendly than other methods of shipping goods over long distances. For instance, in May 2021, according to the Ministry of External Affairs, an India-based government agency responsible for implementing foreign policy, approximately 95% of India's trade by volume and 70% by value are transported by maritime. Additionally, the Ministry of Shipping announced the allocation of Rs. 1,702.35 crores (USD 233.48 million) in the Union Budget 2020–21 to promote merchant ship flagging in the nation, and subsidy money worth Rs. 1,624 crores (USD 222.74 million) to Indian shipping businesses. Furthermore, the government proposed the doubling of the ship recycling capacity of ~4.5 million light displacement tonnes (LDT) by 2024. Therefore, the rising maritime trade and transportation will drive the maritime safety system. Technology developments such as AI, IoT are a key trend gaining popularity in the maritime safety system market. For a long time, the key technology of marine safety and systems has remained unchanged. However, the rising number of accidents, terrorism, and other components is now subject to many changes created within maritime safety and security by involving AI, IoT, Big Data, digital route management, innovative defense technology, integrated control systems, and others. For instance, In December 2020, Iridium Communications, satellite communications company, has introduced its GMDSS service that is embedded with a strong network of 66 cross-linked Low Earth Orbit (LEO) satellites which provide low latency, high-quality, and real-time voice and data connections across the entire system, including seas and polar regions. In April 2021, Leonardo, an Italian aerospace, defense, and security company, acquired a 30% stake in GEM Electronica for an undisclosed amount. Through this acquisition, Leonardo will strengthen its market position in the naval sector, particularly in the sector of short and mid sensors for navigation, maritime, coastal, and airport surveillance. It will broaden and diversify Leonardo's product offering and improve engineering, manufacturing, and marketing. GEM Electronica is an Italian company producing small and medium-sized 3D radars, electro-optical sensors, and inertial systems for the maritime, air, and land sectors. Major players in the maritime safety system market are Raytheon Anschutz, Honeywell , Elbit Systems, Saab Group , OSI Maritime Systems, BAE Systems, Thales Group, Kongsberg Gruppen, Smiths Group PLC, Signalis SA., HALO Maritime Defense Systems, SRT Marine Systems PLC., Westminster Group, Captain's Eye, and Consilium. Asia-Pacific was the largest region in the maritime safety system market in 2022 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the maritime safety sytem market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the maritime safety system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The maritime safety system market consists of revenues earned by entities by providing maritime safety solutions such as navigation, tracking, sending, and receiving real-time data, assistance to vessels, and managing ship traffic. The market value includes the value of related goods sold by the service provider or included within the service offering. The maritime safety system market also includes sales of automatic identification systems, GMDSS systems, long-range tracking and identification (LRIT) system, automated manifest system (AMS), automated mutual assistance vessel rescue systems (AMVER), and vessel management systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global maritime safety system market is segmented - 1) By System: Ship Security Reporting System, Automatic Identification System (AIS), Global Maritime Distress Safety System (GMDSS), Long Range Tracking and Identification (LRIT) System, Vessel Monitoring and Management System, Other Systems 2) By Application: Loss prevention and detection, Security management, Counter piracy, Coastal monitoring, Safety of ship, Pollution Prevention and Response (PPR) management 3) By End User: Government Institutions, Oil & Gas, Marine & construction, Shipping & Transportation, Cargos & containers, Other End-Users

The search, detection, and navigation instruments refer to the instruments used by nautical navigators and pilots as tools for their trade. Search, detection, and navigation instruments are used for searching, detecting, recording, and guiding to determine the speed, and direction to arrive at the point of destination. The main types of search, detection and navigation instruments are compasses, aeronautical and space navigation instruments, nautical navigation instruments and radio navigational aid apparatus. A compass is a tool for navigation and geographic orientation that displays the cardinal directions. It usually consists of a magnetized needle or another element that can pivot to align itself with magnetic north, such as a compass card or compass rose. The various technologies used are radio frequency identification based (RFID), cellular, network, Bluetooth, remote sensing services, real-time kinetic and others that are used for marine, aviation, military and other applications. The search, detection, and navigation instruments market research report is one of a series of new reports from The Business Research Company that provides search, detection, and navigation instruments market statistics, including search, detection, and navigation instruments industry global market size, regional shares, competitors with a search, detection, and navigation instruments market share, detailed search, detection, and navigation instruments market segments, market trends and opportunities, and any further data you may need to thrive in the search, detection, and navigation instruments industry. This search, detection, and navigation instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global search, detection, and navigation instruments market size will grow from $283.87 billion in 2022 to $309.49 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. 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 search, detection, and navigation instruments market size is expected to grow to $424.16 billion in 2027 at a CAGR of 8.2%. The increasing demand from civilian and defense aircraft manufacturing industries drove the market for search, detection and navigation instruments. The increasing demand was supported by rising disposable income, increasing air travel and military usage. Rise in working group and middle-class demography will affect the demand positively. For instance, in 2020, Airbus invested $1 billion to manufacture 63 A320 Family aircraft per month, beginning in 2021. Therefore, the increasing demand from civilian and defense aircraft manufacturing companies is expected to drive the market for search, detection and navigation instruments. Stringent regulations on tariffs limited the growth of search, detection and navigation instruments manufacturing. Governments across the world are imposing tariffs owing to trade wars between countries, national defense or curtailment of monopoly powers, volatile oil prices and volatility in international trade. The World Trade Organization permitted the USA to tax European exports as much as $7.5 billion annually. As a result, the USA has imposed tariffs of 10% on imports of large civil aircraft, and industrial products among other goods from the European Union. The tariffs could raise prices for American companies importing goods and machinery thereby increasing the expenses. The increase in the import duties and taxes has a negative impact on search, detection, and navigational instruments market growth. Companies in the marine industry are preferring navigation instruments incorporated with augmented reality (AR). AR is a technology that reflects the digital information in the real world. Navigation systems integrated with AR technology provide great support to the sailors in ship keeping and related operations. For instance, Mitsui O.S.K. Lines (MOL) planned to install AR navigation systems on 21 very large crude oil carriers (VLCCs) operated by them. This navigation system will superimpose real-time video imagery and voyage information and provide support to crewmembers during their watch-keeping and ship operations visually. The benefits provided by AR technology in real time will increase the demand for instruments with such advanced technology. In January 2020, BAE systems, a British multinational defense, security and aerospace company acquired military GPS business from United Technologies for $1.93 Billion. The acquisition of GPS business from United Technologies will strengthen the professional and technical capabilities of BAE Systems to provide more comprehensive portfolio of solutions and adds new technology for BAE Systems that is compatible with industry-standard equipment and helps for the increasing product line. United Technologies is an American multinational conglomerate which operates in the fields of research and manufacturing products in numerous areas, including aircraft engines, aerospace systems and industrial products. Major players in the search, detection and navigation instruments market are BAE Systems PLC., Leonardo S.p.A, Raytheon, Thales Group, United Technologies Corp., Agilent Technologies, Siemens Medical Solutions, Boeing, Thermo Fisher Scientific, and Medtronic PLC. Asia-Pacific was the largest region in the search, detection and navigation instruments market in 2022. North America was the second-largest region in the global search, detection, and navigation instruments market. The regions covered in the global search, detection, and navigation instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the search, detection and navigation instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The search, detection, and navigation instruments market consists of sales of compasses, aeronautical and space navigation instruments, nautical navigation instruments, radio navigational aid apparatus, and other search, detection, and navigation instruments. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global search, detection, and navigation instruments market is segmented - 1) By Type: Compasses, Aeronautical and Space Navigation Instruments, Nautical Navigation Instruments, Radio Navigational Aid Apparatus 2) By Technology: Radio Frequency Identification based(RFID), Cellular, Network, Bluetooth, Remote Sensing Services, Real Time Kinetic, Other Technologies 3) By Application: Marine, Aviation, Military, Other Applications

The navigational, measuring, electro-medical, and control instrument helps to navigate, assess, monitor, and regulate the efficiencies of electrical inputs, and outputs in real time. The main types of navigational, measuring, electromedical, and control instruments are search, detection, and navigation instruments, automatic environmental control, industrial process variable instruments, totalizing fluid meter and counting device, electricity, and signal testing instruments, analytical laboratory instrument, watch, clock, measuring device and magnetic and optical media. Industrial process variable instruments are used to measure and control process variables within a production or manufacturing area. Level, pressure, temperature, humidity, flow, pH, force, speed, and other process variables are used in industries. The instruments are sold through OEM, and aftermarket sales channels and are used for medical, electronic, oil & gas, consumer goods, chemicals, and other applications. The navigational, measuring, electro medical and control instruments market research report is one of a series of new reports from The Business Research Company that provides navigational, measuring, electro medical and control instruments market statistics, including navigational, measuring, electro medical and control instruments industry global market size, regional shares, competitors with a navigational, measuring, electro medical and control instruments market share, detailed navigational, measuring, electro medical and control instruments market segments, market trends and opportunities, and any further data you may need to thrive in the navigational, measuring electro medical and control instruments industry. This navigational, measuring, electromedical, and control instruments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global navigational, measuring, electro medical and control instruments market grew from $643.2 billion in 2022 to $700.18 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. 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 navigational, measuring, electro medical and control instruments market is expected to grow to $956.74 billion in 2027 at a CAGR of 8.1%. The rapid pace of innovations in electronics technology is stimulating consistent demand for newer and faster products and applications. Technological development is a key to attracting both consumers and business users for either replacing or upgrading the older products with advanced versions. Digital technologies such as the internet of things (IoT) and the latest communication technologies such as 5G are expected to aid in the development of innovative electronic products. This is expected to increase the demand for electronic products such as navigational, measuring, electromedical, and control instruments which will ultimately drive market growth during the forecast period. Rising sustainability issues and stringent new regulation standards are compelling navigational, measuring, electromedical, and control instruments manufacturers to review the entire environmental impact of their products, from the use of harmful chemicals in manufacturing, energy consumption during consumer use to waste disposal at the end of the product's life. These rising new regulation standards are likely to be a major hindrance to navigational, measuring, electromedical, and control instruments manufacturers, especially for multinational organizations that have to keep up with different regulatory standards across different regions. New advancements in smartwatches using AI are one of the latest trends in the navigational, measuring, electromedical, and control instruments manufacturing market. Smartwatches equipped with additional features such as AI are gaining popularity among watch users. An AI-enabled smartwatch is a wearable device that offers various features to its users such as calculations, translations, messaging, and health tracking, and is directly connected to the internet. The AI-enabled smartwatch uses sensors to detect the electrical signals given by the wearer's heart and can monitor blood pressure, can analyse the glucose levels of a patient. For instance, in 2020, PKvitality, a French-based producer of bio-wearable, partnered with Beurer GmBH, a Germany-based medical product, and Well-being Company, to develop painless and discreet continuous glucose monitoring (CGM) device in the form of a smartwatch to monitor glucose levels. Major companies in the navigational, measuring, electro medical and control instruments market include Thermo Fisher Scientific, Siemens AG, Apple, Honeywell International Inc., Schneider Electric SE, Compagnie Financiere Richemont SA, Agilent Technologies, Inc., Hexagon AB, Emerson Electric Co, the swatch group Asia-Pacific was the largest region in the navigational, measuring, electro medical and control instruments market in 2022. North America was the second largest region in the navigational, measuring, electro medical and control instruments market. The regions covered in the navigational, measuring, electro medical and control instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the navigational, measuring, electro medical and control instruments market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The navigational, measuring, electro medical and control instruments market consists of sales of compasses, aeronautical and space navigation instruments, nautical navigation instruments, radio navigational aid apparatus, airflow controllers, air conditioning and refrigeration, heating and cooling system controls, heating regulators, boiler controls, buoyancy instruments, chromatographs, combustion control instruments, gas consumption meters, water consumption meters, parking meters, taxi meters, gauges for motor vehicles and equipment for collecting fare, circuit and continuity testers, volt meters, ohm meters, watt meters, multimeters, semiconductor test equipment, element analysis, separation analysis, molecular analysis, alarm clocks, clock materials and parts, time clocks, wall clocks, electrodes, level and bulk measuring instruments, nanofluidic measurement and control devices, orifice plates, blank audio tapes, blank video tapes, blank diskettes, mass duplicating (i.e., making copies) audio, video, software, and other navigational, measuring, electro medical and control instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global navigational, measuring, electro medical and control instruments market is segmented - 1) By Type: Search, Detection, And Navigation Instruments, Automatic Environmental Control, Industrial Process Variable Instruments, Totalizing Fluid Meter And Counting Device, Electricity And Signal Testing Instruments, Analytical Laboratory Instrument, Watch, Clock, Measuring Device, Magnetic And Optical Media 2) By Application: Medical, Electronic, Oil & Gas, Consumer Goods, Chemicals, Other Applications 3) By Sales Channel: OEM, Aftermarket

Inland water freight transportation refers to a mode of transportation over stretches of water, not part of the sea, over which crafts with a carrying capacity of at least 50 tonnes can navigate when normally loaded to provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways. The main types of transportation in the inland water freight transport market are liquid bulk transportation and dry bulk transportation. Dry bulk transportation involves the shipment of dry raw materials in large, unpackaged parcels. It is also segmented by fuel into heavy fuel oil, diesel, biofuel, and others; and by vessel type into cargo ships, container ships, tankers, and others. The inland water freight transport market research report is one of a series of new reports from The Business Research Company that provides inland water freight transport market statistics, including inland water freight transport industry global market size, regional shares, competitors with an inland water freight transport market share, detailed inland water freight transport market segments, market trends and opportunities, and any further data you may need to thrive in the inland water freight transport industry. This inland waterway freight transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global inland water freight transport market size will grow from $16.99 billion in 2022 to $17.82 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. 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 inland water freight transport market size is expected to grow to $20.70 billion in 2027 at a CAGR of 3.8%. The need for economical transportation for cargo has been the main driving factor for the inland water freight transport market. Water freight is usually considered inexpensive and economical for heavier cargo because of the difference in fare charging in comparison to other modes of transport. On water transport, the rate is often calculated by the cubic metre of the standard container. On the other hand, in air transport, the chargeable weight is calculated by a combination of size and weight of cargo. According to the U.S. Department of Transportation, goods worth approximately $736 billion were shipped through ocean vessels in 2000, and by 2020, international trade is expected to double within the US, with the majority of the trade expected to move via ocean shipping. According to the World Bank, which is the major financer of India's National Waterway Project, the cost of transporting one tonne of freight over 100 km through roadways is around $3.07; through railways it is around $1.93; and through waterways it is around $1.62; and this makes waterways the economical way of transporting cargo in India. Volatility in the crude oil price is impacting water transport, and therefore it is expected to restrain the market for inland water freight transport during the period. According to the United Nations Conference on Trade and Development, fuel oil is a major source powering the global economy and supplies 95% of the energy used in world transport. Water transport carries over 80% of global merchandise trade by volume and is highly dependent on oil. As the cost of oil rises, the carriers are forced to raise prices or bear losses. Usually, the receiver is charged more to make up for the added costs. Higher fuel costs cause product inflation and affect every aspect of product transportation. When fuel prices fall, the consumer receives goods at a low price, and logistics companies use the saved money to improve their operations. Fuel price changes have a direct impact on operational costs. For instance, according to US energy information administration data, crude oil prices rose during the year 2021, with Brent crude oil spot prices averaging $71/b for the year compared with $42/b in 2020, thus increasing the operating costs of water transport and hindering the inland water freight transport market's growth. The development of information technology platforms for better vessel management is an emerging trend in the inland water freight transport market. For instance, in April 2021, according to research published in Springer, a Germany based publishing company, about 80% of global trade by volume was carried by waterways, with a fleet of 95402 ships in 2019. Information technology on ships is used for fuel optimization and monitoring vessel performance, recognising scanned copies and photos of documents, customer relationship management, warehouse management, and Que management systems. A few significant online apps and portals used for operations management on ships are BunkerEx, an online portal for ship owners helping in finding optimal bunker ports; Nautilus Labs, which takes data from sensors, manual reports, and market information to get a unified fleet intelligence picture; and Radiantfleet, with its software, helps in digitising workflows, cutting costs, and improving budgeting. Therefore, the combination of digital and physical connectivity helps carriers and seaports integrate their processes with shippers and track devices for containers and cargo. In April 2020, Kirby Corporation, a USA-based waterway transport company, acquired Savage Inland Marin’s inland barge fleet for $278 million. With this acquisition, Kirby Corporation will be able to provide better service to customers’ fleeting needs with young and well-maintained vessels. Savage Inland Marine is a USA-based company operating in inland water freight transport. Major players in the inland water freight transport market are American Commercial Barge Line, Ingram Barge, Kirby Inland Marine, American River Transportation, CMA CGM Group, McKeil Marine Limited, AP Moller - Maersk A/S, Rhenus Group, and Imperial Logistics International. Western Europe was the largest region in the inland water freight transport market in 2022. Asia-Pacific was the second largest region in the global inland water freight transport market. The regions covered in the global inland water freight transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the inland water freight transport market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The inland freight water transport market includes revenues earned by entities by providing navigation as well as drainage, irrigation, water supply, and hydroelectric power generation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global inland water freight transport market is segmented - 1) By Type Of Transportation: Liquid Bulk Transportation, Dry Bulk Transportation 2) By Fuel: Heavy Fuel Oil, Diesel, Biofuel, Other Fuels 3) By Vessel Type: Cargo Ships, Container Ships, Tankers, Other Vessel Types

An autonomous ship means navigating a ship without human input from passengers using sensing equipment (LIDAR), environmental sensitive control equipment, and navigation equipment. The autonomy in the autonomous ship market is fully autonomous, remote operations, and partial autonomous. Partial autonomous ships refer to the ships that are safer than the others and are operated by artificial intelligence, which helps to avoid droning of the ship. The propulsion types involved are fully electric or hybrid. The various fuel types involved are carbon-neutral fuels, LNG, electricity, and heavy fuel oil/marine engine fuel. The end-users involved are commercial and defense. The autonomous ships market research report is one of a series of new reports from The Business Research Company that provides autonomous ship market statistics, including global market size, regional shares, competitors with an autonomous ship market share, detailed autonomous ship market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous ship industry. This autonomous ship market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global autonomous ships market size will grow from $6.88 billion in 2022 to $7.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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 ships market size is expected to grow to $9.47 billion in 2027 at a CAGR of 6.6%. Increasing marine accidents caused by human errors lead to high financial losses, which are predicted to act as a major driver for the growth of the autonomous ship market. Unmanned ships or autonomous technology apprehend accidents attributed to human errors and contribute to the higher potential of reducing onboard accidents. According to a 2021 report published by the Insurance Information Institute, a US industry association which exists to improve public understanding of insurance, in 2020, 49 large ships were completely lost, which is essentially unchanged from 48 in 2019. Therefore, the use of autonomous ships to reduce the increasing number of accidents due to human error and financial losses is expected to drive the demand for autonomous ships over the next few years. The increasing threat of cybersecurity and privacy is expected to limit the growth of the autonomous ship market during the forecast period. The advancements in technology and adoption of artificial intelligence (AI), mobility systems, and the internet of things (IoT) are creating higher chances of cybersecurity and data threats, which is a major challenge for the autonomous ship industry. According to the Association for Computing Machinery (ACM)’s journal on cybersecurity of the autonomous ship, cybersecurity is a serious issue for autonomous ships, regardless of the form and level of autonomy of the ship, owing to their increased dependence on ICT for controlling the ship, accessibility of systems to the internet, and increased connectivity of the ship’s control system to onshore monitoring systems. Thus, the rising threat of cybersecurity and privacy is predicted to act as a major factor restraining the autonomous ship market over the forthcoming years. Major companies are undertaking various strategic initiatives like the development of fully autonomous ships, which is likely to be a major trend driving the growth of the autonomous ship industry. For instance, according to Offshore Energy news published in September 2021, UK engineering company Rolls-Royce and Sea Machines Robotics, the USA-based startup developing autonomous ship solutions, have started a new collaboration that will deliver comprehensive remote command, autonomous control, and intelligent crew support systems to the marine market. In November 2021, Ocean Power Technologies (OPT), a US-based company that provides critical ocean intelligence services, acquired Marine Advanced Robotics, Inc. (MAR) for an undisclosed amount. This acquisition gives OPT access to a proven, cutting-edge offshore product line that has roaming capabilities and greatly enhances the OPT business plan. Marine Advanced Robotics, Inc. (MAR) is a US-based developer and manufacturer of autonomous surface vehicles (ASVs). Major players in the autonomous ships market are General Electric, DNV GL, Rolls-Royce Holding PLC., Kongsberg Gruppen AS, NYK Line, Mitsui E&S Holdings Co Ltd., Wärtsilä Corporation, DSME Co. Ltd., Vigor Industrial LL, and Praxis Automation Technology B.V. Asia-Pacific was the largest region in the autonomous ships market in 2022. Western Europe was the second largest region in the global autonomous ships market. The regions covered in the global autonomous ships market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the autonomous ships market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The autonomous ship market consists of sales of autonomous container ships, maritime autonomous surface ships (MASS), and crewless vessels. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global autonomous ships market is segmented - 1) By Autonomy: Fully Autonomous, Remote Operations, Partial Autonomous 2) By End-User: Commercial, Defense 3) By Propulsion Type: Fully Electric, Hybrid 4) By Fuel Type: Carbon Neutral Fuels, LNG, Electric, and Heavy Fuel Oil/Marine Engine Fuel

Battle force ship refers to warships capable of aiding combat operations, such as aircraft carriers, and support crafts. The battle force ship components include an anchor, rudder, bow, keel, accommodation, propeller, mast, bridge, hatch coves, and bow thrusters. The main types of vessels in battle force ships are frigates, corvettes, destroyers, aircraft carriers, torpedo boats, support crafts, and others. A frigate is a navy ship that can travel at high speeds and is relatively small. Frigates are frequently deployed to defend other ships. The different applications include search and rescue, combat operations, mcm operations, coastal surveillance, and others and involve various technologies such as conventional power or nuclear power. The battle force ships market research report is one of a series of new reports from The Business Research Company that provides battle force ship market statistics, including battle force ship industry global market size, regional shares, competitors with a battle force ship market share, detailed battle force ship market segments, market trends and opportunities, and any further data you may need to thrive in the battle force ship industry. This battle force ship market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global battle force ships market size will grow from $35.43 billion in 2022 to $38.36 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. 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 battle force ships market size is expected to grow to $48.77 billion in 2027 at a CAGR of 6.2%. A rise in maritime security investment will anticipate the growth of the battle force ship market. Maritime security basically deals with safety and security concerns regarding the prevention of intentional damage through sabotage, subversion, or terrorism. According to reports from the Ghana Ports and Harbours Authority, in 2020, Ghana’s Maritime Security is buckling up for increasing investments to enhance security to protect Ghana’s territorial waters following rising maritime insecurity threats across the West African sub-region. Thus, increased investment in maritime security is expected to boost the growth of the battle force ship market. The economic slowdown due to the COVID-19 impact is expected to limit the growth of the battle force ship market. The COVID-19 outbreak has led to restrictive containment measures that have involved closures of economic activities across the world, and their revival would be a serious challenge. In many countries, to cope with a declining economy, there are cost cuts in the budget for many sectors. For instance, in India, the defence budget is expected to be slashed by 20% to 40%, which is between $5.36 billion and $10.71 billion (INR 40,000 crore and INR 80,000 crore). Due to low budgets, the navy had to rethink its plan to have 200 warships by 2027. Therefore, the economic slowdown has resulted in low budget allocation in the defence sector, and the low budget can hamper the growth of the battle force ship market during the period. The rise in the use of 3D printing technology for shipbuilding is gradually increasing for battle force ships, which is likely to be an emerging trend in the market. 3D printing is a computer-controlled process in which materials are layered consecutively to form objects. The shipbuilding industry is increasingly adopting this 3D printing technology to improve efficiencies and the quality of the manufactured parts. Direct Metal Laser Sintering (DMLS) and Fused Deposition Modeling (FDM) are two main applications of 3D printing in shipbuilding. For instance, in April 2020, the Indian Navy collaborated with think3D, an Indian 3D printing service bureau, to generate on-demand replacement parts utilising additive manufacturing for both on- and off-shore circumstances. In March 2020, Huntington Ingalls Industries, a US-based shipbuilding company, acquired Hydroid Inc. for $350 million. The deal will help Huntington Ingalls Industries expand its strategic capabilities and growth in the autonomous and unmanned maritime systems market. It will also help Hydroid provide leading-edge autonomous unmanned underwater vehicles (UUVs) to the U.S. government and key allies. Hydroid Inc. is a maritime company specialising in unmanned underwater vehicles and autonomous underwater vehicles. Major players in the battle force ship market are BAE Systems, Lockheed Martin Corp., General Dynamics Corporation, Huntington Ingalls Industries, Abu Dhabi Ship Building, Austal, Damen Schelde Naval Shipbuilding (DSNS), Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries, Mazagon Docks Limited, Naval Group SA, PO Sevmash, Thales, ThyssenKrupp Marine Systems AG, Fincantier, ASC PTY Ltd., Raytheon, SaaB AB, Mitsubishi Heavy Industries Ltd., Kawasaki Shipbuilding Corporation, Kockums AB, and United Shipbuilding Corporation. Asia-Pacific was the largest region in the battle force ships market in 2022. Western Europe is expected to be the fastest-growing region in the global battle force ships market during the forecast period. The regions covered in the global battle force ships market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the battle force ships market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The battle force ship market consists of sales of battle force ships, such as combat warships, and support watercraft. Values in this market are factory gate values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organisations in the specified geography within the market, irrespective of where they are produced.  It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global battle force ships market is segmented - 1) By Vessel Type: Frigates, Corvettes, Destroyers, Aircraft Carriers, Torpedo Boats, Support Crafts, Others 2) By Technology: Conventional Powered, Nuclear Powered 3) By Application:  Search and Rescue, Combat Operations, MCM Operations, Coastal Surveillance, Others

The electric ship refers to a ship that runs on a battery. These ships abide by all environmental rules and do not endanger marine life. Electric propulsion systems are an environmentally friendly alternative to traditional fuel in inland navigation and large commerce ships. The main types of electric ships are fully electric, and hybrid. A fully electric ship operates on electricity. Electrical power is used to propel propeller blades in electric propulsion systems. Electric propulsion has gained traction in a wide range of maritime applications across Europe and Japan in recent years, from commercial and research ships to fishing vessels. The mode of operation for these ships is manned, remotely operated, autonomous that using systems such as energy storage systems, power conversion, power generation, and power distribution. It requires power of less than 75 kw, 75 to 150 kw, 151 to 745 kw, 746 to 7,560 kw, or greater than 7,560 kw that can cover a distance of less than 50 km, 50 to 100 km, 101 to 1000 km, or greater than 1,000 km. The electric ships market research report is one of a series of new reports from The Business Research Company that provides electric ships market statistics, including electric ships industry global market size, regional shares, competitors with a electric ships market share, detailed electric ships market segments, market trends and opportunities, and any further data you may need to thrive in the electric ships industry. This electric ships market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global electric ships market size grew from $7.19 billion in 2022 to $8.1 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. 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 electric ships market size is expected to grow to $12.97 billion in 2027 at a CAGR of 12.5%. The rise in the adoption of hybrid and electric propulsion for retrofitting ships is anticipated to drive the growth of the electric ship market. An eco-friendly ship's electric propulsion system is a hybrid system that uses dual-fuel engines, batteries, and fuel cells as multiple power sources. However, technologies such as fuel storage facilities, gas vaporizers, and battery thermal runaway avoidance must all be developed concurrently to apply these power sources to ships. For instance, in February 2021, the 2030 Green Ship-K Promotion Strategy, which is a key component of South Korea's aims to become carbon-neutral by 2050, focuses on the advancement and widespread use of low-carbon ship technologies, such as hydrogen fuel cells and propulsion systems. The initiative's goal is to reduce the country's shipping greenhouse gas emissions by 40% in the next 25 years, and 70% by 2050. Furthermore, Kawasaki has received its first order for large-capacity battery propulsion systems for coastal ships. Large-capacity lithium-ion (Li-ion) marine batteries, a propulsion control system, and an electric power management system are all part of the battery propulsion system. Technological advancements are shaping the electric ship market. The welding consumables market is increasing its demand by introducing and applying new technologies and their updated software for the industries. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions. For instance, in November 2021, The Yara Birkeland, the world's first electric and self-propelled container ship with zero emissions, had its first journey in the Oslo fjord. Yara Birkeland is a multi-actor project in which KONGSBERG is in charge of the development and delivery of all newly created technologies on the ship. Massterlys' monitoring and operations center in Horten will be in charge of the ship. KONGSBERG and Wilhelmsen have teamed up to form Massterly. In October 2021, Groupe Beneteau, a French company involved in building sailing yachts and motorboats for all types of boating practices, acquired Starfisher, for an undisclosed amount. This acquisition will allow Beneteau to expand its small motorboat production capacity and create a presence in Portugal, in addition to the three other plants dedicated to these markets in Poland and the United States. Starfisher is a Portuguese company that designs and builds two types of motorboats, from 6 to 12 meters in length, pleasure-fishing boats, and recreational cruisers. Major players in the electric ship's market are ABB Ltd., Wartsila, Kongsberg, Norwegian Electric Systems AS, Corvus Energy, General Dynamics Electric Boat, MAN Energy Solutions SE, Leclanche SA, Siemens AG, General Electric Company, Bureau Veritas, Canadian Electric Boat Company, Electrovaya Inc., Triton Submarines, Duffy Electric Boats, and Akasol AG. Western Europe was the largest region in the electric ship market in 2022. The regions covered in the electric ship market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the electric ships market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The electric shipmarket consists of sales of battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global electric ships market is segmented - 1) By Type: Fully Electric, Hybrid 2) By Mode of Operation: Manned, Remotely Operated, Autonomous 3) By System: Energy Storage Systems, Power Conversion, Power Generation, Power Distribution 4) By Power: Less Than 75 KW, 75 to 150 KW, 151 to 745 KW, 746 to 7,560 KW, Greater Than 7,560 KW 5) By Range: Less Than 50 km, 50 to 100 km, 101 to 1000 km, Greater Than 1,000 km

Inland water passenger transportation refers to a mode of transportation over stretches of water, not part of the sea, over which crafts with a carrying capacity of not less than 50 tonnes can navigate when normally loaded to provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways. The main passenger transportation types in the inland water passenger transport market are canal passenger transportation, intercostal transportation of passengers, lake passenger transportation, water shuttle services, river passenger transportation, ship chartering with the crew, and water taxi services. Lake passenger transportation provides inland water transportation for passengers on lakes. The market is segmented by mode into cruise ships, cargo-passenger ships, ferry ships, and others; and by application into the supply chain, distribution, and end customers. The inland water passenger transport market research report is one of a series of new reports from The Business Research Company that provides inland water passenger transport market statistics, including inland water passenger transport industry global market size, regional shares, competitors with an inland water passenger transport market share, detailed inland water passenger transport market segments, market trends and opportunities, and any further data you may need to thrive in the inland water passenger transport industry. This inland water passenger transport market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global inland water passenger transport market size will grow from $1.64 billion in 2022 to $1.74 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. 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 inland water passenger transport market size is expected to grow to $2.11 billion in 2027 at a CAGR of 4.9%. The rising use of boats through inland waterways as a means of providing sightseeing services is expected to drive the inland waterway passenger transport market. There are many places, such as the Mine Bay Rock Carvings in New Zealand, Horizontal Falls in Australia, AgiaRoumeli in Greece, and others, that are not accessible by roads but only through waterways, generating higher demand for inland waterway passenger transport services. According to Voices navigable de France, the French navigation authority, sightseeing vessels carried 11 million passengers and employed 1,440 people in France. Moreover, according to the European Barge Union's Annual Report 2019-2020, the number of cruise passengers on European rivers increased by 9.9%, reaching 1.79 million passengers. Hence, an increase in the use of boats on inland waterways for sightseeing is boosting the inland waterway passenger transport market. Safety issues associated with boat services operating on inland waterways like rivers, lakes, and others are expected to limit the growth of the inland water passenger transport market. Traveling by boat on inland waterways is always associated with risks. Overloading, or even minor negligence, can lead to an unfortunate incident that could lead to a loss of life. For instance, according to the Australian Maritime Safety Authority, in August 2020, Australia reported 83 incidents involving domestic commercial vessels. Factors such as overcrowding, not maintaining proper safety measures, natural disasters and sudden climate change are reasons for poor safety for passengers, restricting the growth of the inland water passenger transport market. Companies in the inland water passenger transport market are increasingly implementing technology for enhancing the passenger and guest experience on-board. Cruise and ferry boats are among the first inland waterway passenger ships to adopt and integrate the technology. For instance, in July 2020, Ferryhopper, a Greece-based ferry booking platform, launched the 1st version of Ferryhopper's App. This app enables customers to look up direct and indirect ferry connections, evaluate ferry operators, and check the status of available tickets in real time. In October 2020, Hornblower Group, a USA-based leading yacht and public dining cruise company, acquired Shore Excursions of America for an undisclosed amount. Through this acquisition, Hornblower Group plans to expand its land excursion portfolio while further creating a more seamless booking process for agents and consumers. Shore Excursions of America (SEA) is a US-based provider of cruise extension packages, shore excursions, and uniquely inclusive exploration travel. Major players in the inland water passenger transport market are American Commercial Lines LLC, Ingram Industries, Jeffboat, European Cruise Service, Alnmaritec Ltd., Bayliner, Groupe Beneteau, CIWTC, CMA CGM Group, and Carnival Corporation. Western Europe was the largest region in the a inland water passenger transport market in 2022. Asia-Pacific was the second largest region in the global inland water passenger transport market. The regions covered in the global inland water passenger transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the inland water passenger transport market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The inland water passenger transport market includes revenues earned by entities by providing navigation as well as drainage, irrigation, water supply, and hydroelectric power generation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global inland water passenger transport market is segmented - 1) By Passenger Transportation Type: Canal Passenger Transportation, Intercostal Transportation Of Passengers, Lake Passenger Transportation, Water Shuttle Services, River Passenger Transportation, Ship Chartering With Crew, Water Taxi Services 2) By Mode: Cruise Ships, Cargo-Passenger Ship, Ferry Ships, Other Modes 3) By Application: Supply Chain, Distribution, End Customers