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Global Electric Ship Market Size - Forecasts to 2026

Global Electric Ship Market

Global Electric Ship Market

The global electric ship market is projected to grow from USD 5.1 billion in 2021 and is expected to reach USD 10.5 billion by 2026 at a CAGR of 11.5% from 2021 to 2026. The need for an electric-powered maritime ship has grown in response to the growing need to reduce greenhouse emissions and reduce fuel wastage. Additionally, the market's growth is being aided by shipwrights’ heightened awareness of reducing noise pollution caused by marine vehicles propulsion technology.

Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Electric Ship Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/electric-ship-market-3581

By Type (Fully Electric, Hybrid), By System (Energy Storage Systems, Power Generation, Power Conversion and Power Distribution Systems), By Ship Type (Commercial, Defence), By Operation (Manned, Remotely Operated, Autonomous), By Power Output (75 kW, 75 - 745 kW), By Region (By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Key Market Insights
• The hybrid segment is estimated to have the largest share in the market during the forecast period
• The expansion of the electric ship market in this region is fueled by a surge in strong economic growth combined with high manufacturing rates in the APAC region
• The market for the energy storage system is predicted to have the largest share in the market
• Based on ship type, the commercial electric vehicles accounted for the largest market share during the forecast period
• Wartsila, Kongsberg Gruppen, Abb, General Electric Company (GE), Vard (Fincantieri), Leclanché Sa, Siemens, Bae Systems, Saft (Total), Echandia Marine Ab, Corvus Energy, General Dynamics Electric Boat, among others are the top players in the electric ship market.

Browse the Report @ https://www.globalmarketestimates.com/market-report/electric-ship-market-3581

Type Outlook (Revenue, USD Billion, 2021-2026)
• Fully Electric
• Hybrid

System Outlook (Revenue, USD Billion, 2021-2026)
• Energy Storage Systems
• Power Generation
• Power Conversion
• Power Distribution Systems

Ship Type Outlook (Revenue, USD Billion, 2021-2026)
• Commercial
• Defense

Operation Outlook (Revenue, USD Billion, 2021-2026)
• Manned
• Remotely Operated
• Autonomous

Power Output Outlook (Revenue, USD Billion, 2021-2026)
• 75 kW
• 75 - 745 kW

Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA

Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php

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