9 Oct
2019
With high level of technology ushering in the realm of artificial intelligence, the marine industry is just on the verge of initiating the much-awaited technology- autonomous shipping! It’s already been quite a few years, developments with automated sensors and electric technologies have started butting in other autonomous transportation vehicles including planes and trains. However, ships have now become an additional focus too.
And, there is no doubt that autonomous ships have the potential to offer a plethora of benefits in the marine industry and they are as follows-
According to Allied Market Research, the global autonomous ships market is expected to grow at a significant CAGR from 2020–2030. Rise in demand for cargo transportation and surge in operational safety of vessels are the major factors driving the growth of the market. On the other hand, there always remains a chance for exploitation by hacking and it has happened to restrain the growth to some extent. However, in the last few years, there has been a significant rise in marine safety norms and at the same time, interference of automation has worked as a key factor to create multiple opportunities for the key players in the industry.
Commonly known as crewless ships, autonomous ships are designed to scuttle through the sea without human interference. Machineries like propulsion systems, GPS navigation, automated tracker and sensors help to make real time decisions according to the environment. When semi-automated ships are surveilled through off-board control centers with some human interference on board, autonomous ships tend to have their entire operations managed by high-end operating systems, which allows it to take decisions independently. To conclude, it can be stated that the autonomous ships market has huge potential to grow and in the next decade, it’s expected to thrive quite profusely.
Reference:
raconteur.net
Rosy Behera
Author's Bio- Rosy Behera holds a bachelor’s degree in Electrical and Electronics Engineering and now she is a content writer by profession. She loves to portray her thoughts and ideas with a nice command of words. Grabbing an audience with her creative write-ups is one of her biggest assets so far. Apart from writing, she is a certified “Odisi” dancer and has done Gardharva in Drawing, Painting, and Arts. She always explores new things through travel and is a big foodie.
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