Marine Electric Vehicles Market Size with Major Eminent Players: Duffy Electric Boat Company, Corvus Energy, Tamarack Lake Electric Boat Company, Torqeedo, Electrovaya, Blue Riband, Triton Submarines, Saft Groupe S.A and Boesch Boats

Crystal Market Research adds “Marine Electric Vehicles Market – 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023” reports to its database.

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Industry Outlook and Trend Analysis:
The Marine Electric Vehicles Market has witnessed significant growth in the recent years and is anticipated to grow tremendously over the forecast period. A Marine electric vehicle makes use of at least one electric motors or traction motors for force. A Marine electric vehicle might be controlled through a collector system by power from off-vehicle sources, or might be self-contained with a battery, an electric generator or solar panels to change over fuel to electricity. EVs incorporate, yet are not constrained to, road and rail vehicles, surface and underwater vessels, electric spacecraft and electric aircraft.

Leading Players:
The leading players in the market are Duffy Electric Boat Company, Corvus Energy, Tamarack Lake Electric Boat Company, Torqeedo, Electrovaya, Blue Riband, Triton Submarines, Saft Groupe S.A and Boesch Boats. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Regional Outlook and Trend Analysis:
In 2015, the Americas ruled the market representing about 51% of the market share. Factors like the constant and extended support from the government to create electric vehicles, the urgent requirement for the lessening of carbon emissions, and unstable fuel prices to boost this market’s development in the region over the estimated time frame.

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The Marine Electric Vehicles Market is segmented as follows-
By Vehicle Type: Leisure and tourist surface boats, Personal and tourist submarines, Workboats & Automated utility vehicles (AUVs)

By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)

Drivers and Restraints:
The developing demand for electric unmanned underwater vehicles (UUVs) has been a key development driver for this market. UUVs have broad applications in maritime operations like detailed mapping of the ocean floor, off-shore hydrocarbon extraction, and scientific research. Besides, UUVs are fitted with superior quality cameras that effectively transmit information from the UUV to the administrator. With improved control of the vehicle and better images, a superior examination of the underwater environment is conceivable. The expanding exercises associated with seabed mapping from oil and gas and defence sectors will push the market for marine electric vehicles amid the gauge time frame.

Vehicle Type Outlook and Trend Analysis:
In 2015, the work boats segment commanded the marine electric vehicles market and represented around 36% of the share of the overall industry. The expanding pressures from International Maritime Organization to protect the earth from discharges created by water crafts and vessels have influenced merchants to consider approaches to decrease the usage of fuel. Subsequently, they are choosing alternative forms of technology like work boats and AUVs in oil and gas industry, therefore pushing the development prospects of this market portion in the coming years.

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Major TOC of Global Marine Electric Vehicles Market:
Part 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Part 2. Executive Summary
2.1. Key Highlights

Part 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities

Part 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)

Part 5. Marine Electric Vehicles Market, By Vehicle Type
5.1. Introduction
5.2. Global Marine Electric Vehicles Sales, Revenue and Market Share by Vehicle Type (2014-2018)
5.2.1. Global Marine Electric Vehicles Sales and Sales Share by Vehicle Type (2014-2018)
5.2.2. Global Marine Electric Vehicles Revenue and Revenue Share by Vehicle Type (2014-2018)
5.3. Workboats
5.3.1. Global Workboats Sales and Growth Rate (2014-2018)
5.4. Leisure and tourist surface boats
5.4.1. Global Leisure and tourist surface boats Sales and Growth Rate (2014-2018)
5.5. Automated utility vehicles (AUVs)
5.5.1. Global Automated utility vehicles (AUVs) Sales and Growth Rate (2014-2018)
5.6. Personal and tourist submarines
5.6.1. Global Personal and tourist submarines Sales and Growth Rate (2014-2018)

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