Electric Ship Market Forecast to 2028 - ABB LTD., FJELLSTRAND AS, GENERAL DYNAMICS ELECTRIC BOAT (GENERAL DYNAMICS CORPORATION), HURTIGRUTEN, KONGSBERG MARITIME, MAN ENERGY SOLUTIONS SE

The gasoline-powered vessels presently dominate maritime transportation, the market for pure electric and hybrid ships and boats is proliferating. The marine industry is facing an increasing concern for emissions law. The marine industry is adopting the electric ship due to several benefits such as cost-effective, less noisy, less maintenance, and others, which boosting demand for the electric ship market globally. The industry has begun to understand the value of integrating a system, which anticipated to lead reduction in operation cost that also raises demand for the electric ship market.

MARKET DYNAMICS

The key factors driving the growth of the electric ship market are the increase in seaborne trade worldwide, rising maritime tourism industry, and stringent rules & regulations towards emissions. However, the high initial capital expenditure cost and inadequate charging infrastructure are the major restraints that are anticipated to hamper the growth of electric ship market. The electric ship growth has foreseen during the last three years and is expected to grow in the upcoming years that raises demand for the electric ship market.

Studying and analyzing the impact of Coronavirus COVID-19 on the Electric Ship industry, the report provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

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Major Players in the market are: ABB LTD., FJELLSTRAND AS, GENERAL DYNAMICS ELECTRIC BOAT (GENERAL DYNAMICS CORPORATION), HURTIGRUTEN, KONGSBERG MARITIME, MAN ENERGY SOLUTIONS SE, NORWEGIAN ELECTRIC SYSTEMS AS, PORTLINER, SIEMENS AG, VARD GROUP AS

Global Electric Ship Market: Applications and Types

Covid-19 Impact and Global Analysis - By Type (Battery Electric Ships, Plug-In Hybrid Electric Ships, Hybrid Electric Ships); Power (Less than 75 Kw, 75 - 150 Kw, 151 - 745 Kw, 746 - 7560 Kw, More than 7560 Kw); Range (Less than 50 Km, 50 - 100 Km, 101 - 1000 Km, More than 1000 Km); Ship Type (Cruise Ships, Ferries, Tankers, Bulk Carriers, Fishing Vessels, Destroyers, Aircraft Carriers, Others) and Geography

MARKET SEGMENTATION

The global Electric Ship market is segmented on the basis of product type and application. On the basis of product type the market is segmented as, sea port, inland port, warm water port, dry port, and others. Further, On the basis of application the market is segmented as passenger applications, and cargo applications.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Electric Ship based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Electric Ship market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Electric Ship from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Electric Ship market in these regions.

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Important Features of the report:

– Detailed analysis of the Global Electric Ship market

– Fluctuating market dynamics of the industry

– Detailed market segmentation

– Historical, current and projected market size in terms of volume and value

– Recent industry trends and developments

– Competitive landscape of the Global Electric Ship Market

– Strategies of key players and product offerings

– Potential and niche segments/regions exhibiting promising growth

– A neutral perspective towards Global Electric Ship market performance

Reasons to Purchase Global Electric Ship Market Report:

Current and future of Global Electric Ship market outlook in the developed and emerging markets.
Analysis of various perspectives of the market with the help of Porter’s five forces analysis.
The segment that is expected to dominate the Global Electric Ship market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, Global Electric Ship market shares, and strategies employed by the major market players.
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This release was published on openPR.