openPR Logo
Press release

Electric Ships Market Is Growing Significantly | Norwegian Electric Systems AS, Corvus Energy, General Dynamics Electric Boat, MAN Energy Solutions SE, Siemens and Others.

06-30-2020 11:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Electric Ships Market Is Growing Significantly | Norwegian

ReportsnReports adds “Electric Ships Market” to its store. The Report provides in-depth analysis of the Electric Ships Market at global and key country level.

Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=2697898

The Global Electric Ships Market size is projected to grow from USD 5.2 Billion in 2019 to USD 15.6 Billion by 2030, at a CAGR of 13.2% from 2025 to 2030.

Top Companies Profiled in the Electric Ships Market:
• Norwegian Electric Systems AS (Norway)
• Corvus Energy (Norway)
• General Dynamics Electric Boat (US)
• MAN Energy Solutions SE (Germany)
• Vard (Norway)
• Siemens (Germany)
• Leclanché SA (Switzerland)

“The new build & line-fit segment is estimated to grow at a higher CAGR during the forecast period.”
Based on end-use, the new build & line-fit segment is estimated to grow at a higher CAGR during the forecast period as compared to the retrofit segment. The growth of the new build & line-fit segment can be attributed to the increased demand for fully electric ships by countries in North America and Europe.

“The hybrid segment is estimated to lead the electric ships market in 2019.”
Based on type, the hybrid segment is estimated to account for a majority of the global electric ships market share in 2019 as compared to the fully electric ships. There is a large retrofit potential of ships such as ferries, cruise ships, tugs, container vessels, general cargo ships, and tankers, among others.

“The remotely operated segment is expected to grow at the highest CAGR during the forecast period.”
Based on the mode of operation, the remotely operated segment is projected to grow at the highest CAGR during the forecast period. Advancements in technology have enabled the shipping industry to explore technologies such as autonomous shipping and remotely operated shipping.

Go For Interesting Discount Here: https://www.reportsnreports.com/purchase.aspx?name=2697898

Table of Contents:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Regional Scope
1.2.3 Years Considered for the Study
1.3 Currency & Pricing
1.4 Limitations
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.2 Market Definition & Scope
2.2.1 Primary Data
2.2.1.1 Key Data From Primary Sources
2.2.1.2 Breakdown of Primaries
2.2.2 Segment Definitions
2.2.2.1 Electric Ships Market, By System
2.2.2.2 Electric Ship Market, By End Use
2.2.2.3 Electric Ship Market, By Type
2.2.2.4 Electric Ship Market, By Mode of Operation
2.2.2.5 Electric Ship Market, By Power (kW)
2.2.2.6 Electric Ship Market, By Range (Km)
2.2.2.7 Electric Ship Market, By Ship Type
2.2.3 Exclusions
2.3 Market Size Estimation & Methodology
2.3.1 Top-Down Approach
2.4 Data Triangulation
2.4.1 Market Sizing & Forecasting
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Electric Ships Market
4.2 Hybrid Ships Market, By Type
4.3 Electric Ship Market, By Range
4.4 Electric Ship Market, By Ship Type
4.5 Commercial Electric Ship Market, By Type
4.6 Electric Ship Market, By Region

5 Market Overview
5.1 Introduction
5.2 Roadmap of Marine Electrification
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Implementation of Sulfur 2020 Rule
5.3.1.2 Hybrid and Electric Propulsion Technology Catering to the Retrofit Market
5.3.1.3 Increase in Seaborne Trade Across the Globe
5.3.1.4 Growing Maritime Tourism Industry
5.3.1.5 Development of Lithium-Ion Batteries
5.3.2 Restraints
5.3.2.1 Long Downtime During Retrofitting Ships Causes High Cost and Loss Revenue
5.3.2.2 Limited Range and Capacity of Fully-Electric Ships
5.3.3 Challenges
5.3.3.1 Inadequate Charging Infrastructure
5.3.3.2 High Initial Capital Expenditure Cost
5.3.4 Opportunity
5.3.4.1 Potential for Marine Battery Manufacturers to Manufacture High Powered Batteries
5.3.4.2 Potential for Battery Charging Via Renewable Sources of Energy for Onboard Ship
5.3.4.3 Hybrid Propulsion Technology for Large Ships
….And More

#Customization Service of the Report:
ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Do you have any query or specific requirement? Ask to our industry expert at https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=2697898

Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Electric Ships Market Is Growing Significantly | Norwegian Electric Systems AS, Corvus Energy, General Dynamics Electric Boat, MAN Energy Solutions SE, Siemens and Others. here

News-ID: 2082117 • Views: 250

More Releases from ReportsandReports

Smart Home Market 2020-2025: Johnson Controls International, United Technologies …
The report titled “Smart Home Market” sheds a concentrated focus on the Smart Home industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=3438948 The Global Smart Home Market size is expected to grow from USD 78.3 Billion in 2020 to USD 135.3 Billion by 2025, at
Synthetic Paper Market to Witness Huge Growth by Key Players: PPG Industries Inc …
The report titled “Synthetic Paper Market” sheds a concentrated focus on the Synthetic Paper industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=421181 The Global Synthetic Paper Market size is projected to grow from USD 526 Million in 2020 to USD 819 Million by 2025, at
Metal Forming Market to Witness Huge Growth by Key Players: Magna, Benteler, Tow …
The report titled “Metal Forming Market” sheds a concentrated focus on the Metal Forming industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=1618357 The Metal Forming Market for automotive is projected to grow at a CAGR of 3.2% from 2020 to 2025, to reach USD 202.23
Automotive Axle & Propeller Shaft Market to Witness Huge Growth by Key Players: …
The report titled “Automotive Axle & Propeller Shaft Market” sheds a concentrated focus on the Automotive Axle & Propeller Shaft industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market. Need a Free Sample Report? Visit: https://www.reportsnreports.com/contacts/requestsample.aspx?name=898777 The Global Automotive Axle and Propeller Market size in terms of value is estimated to be USD

All 5 Releases


More Releases for Ship

MgBOX Magnesium Air Battery for Ship Trials
Portable fuel cell battery developed by Furukawa Battery can provide electricity for up to 5 days Fukuoka, Japan – 7th March 2019 – In co-operation with Furukawa Battery Co., Ltd. (Furukawa Battery) and several ship owners, Eco Marine Power (EMP) is conducting an evaluation trial using the MgBOX fuel cell or air battery. These trials will help determine how this innovative emergency battery can be best stored and used on ships.
LNG Bunkering Market Outlook by Product Overview, Application and Regions 2024- …
LNG Bunkering Market   The LNG Bunkering market Report provides a detailed analysis of the LNG Bunkering industry. It provides an analysis of the past 5 years and a future forecast till the year 2024.It also studies the future market trends in the global market. It studies the market by the various parameters such as sales, volumes, and the revenues. It also gives us an insight in the LNG Bunkering industry and is also making
Automation for Ship Renewable Energy Systems Unveiled
Computer systems for sail-assisted propulsion and ship solar power Fukuoka, Japan - 23rd October 2018 - As part of the ongoing strategy to prepare its EnergySail and Aquarius MRE for commercial release, Eco Marine Power (EMP) unveiled today further details of its automated control and monitoring systems. These will enable EMP’s technologies to integrate with existing ship-based systems. This will facilitate the seamless operation between EMP's renewable energy platforms with other
Yucatan Mexico small ship cruise
The adventure tour company, Explorations, has added a new one of a kind small ship cruise and land tour to Yucatan, Mexico. Starting at ending in Miami, Florida, passengers have 9 nights aboard the M/V Victory II and 2 nights in colonial Campeche in addition to an overnight at Chichen Itza. Unlike the large cruise ships the M/V Viceroy II is designed for only 202 passengers and its size allows
Agricultural Colorants: Businesses Prepare to Jump Ship
Qyresearchreports include new market research report Global Agricultural Colorants Market Research Report 2018 to its huge collection of research reports. The global Agricultural Colorants market has been assessed with an exclusive forecast study that traces its progress from the past through future years. The report offered herewith is an intelligent guideline for players looking to successfully counter market challenges and cement their growth in the industry. With objective information provided on
Utilise ship-building capacities more efficiently
Large tube bending machines from transfluid in greater use worldwide Challenges offer opportunities for creative ideas and innovations: In the international ship-building and offshore sector there is a search for new ways of planning capacities more efficiently and utilising resources more effectively. In tube machining the industry is therefore working with time-efficient and cost-saving bending machines more than ever, for increasingly large tube diameters. In demand are efficient solutions such as