Electric Power Boats Market Size, share, growth report explores industry trends & analysis 2027 | Soel Yachts, Duffy Electric Boats

Global Electric Power Boats Market report offers overarching research and analysis-based study on, “Global Electric Power Boats Market 2021 by Manufacturers, Regions, Type, and Application, Forecast to 2027.”  The market report provides a comprehensive analysis of market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product promotions and area marketplace expanding.

The global Electric Power Boats market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 12.66%.

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Impact and Recovery Analysis of Covid-19:

The occurrence of COVID-19 has brought effects on many features, like flight cancellations; travel bans, and quarantines; restaurants closed; all indoor events restricted; emergency declared in several countries; huge slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

COVID-19 can affect the worldwide economy in 3 ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

Recent Developments:

In October 2021, Groupe Beneteau announced the acquisition of STARFISHER, which has become GB PORTUGAL, thereby strengthening its production capacity for 25 to 35-foot powerboats by establishing itself in Portugal.​
In June 2021, South Korea’s first commercialized hydrogen-electric boat was unveiled at the 2021 Busan International Boat Show, where the Hydrogenia vessel is powered by a Danfoss Editron electric drivetrain and sub-system.
In May 2021, Limestone Boats and Vision Marine Technologies partnered to produce electric outboard motors equipped to the powerboats produced by Limestone Boats, with an aim to increase up to 510 powerboats in 2022.

Market segmentation:

The study contains market share analysis and profiles of players such as ElectraCraft, Aquawatt, Torqeeoo, LTS Marine, RAND Boats, Hinckley Company, FRAUSCHER, Bruce Schwab, Edorado Marine, Soel Yachts, Duffy Electric Boats, Q YACHTS, Hybrid Boats, Templar Marine, Mercury Marine

Types of Electric Power Boats market is primarily split into:

Battery Type
Marine Generator Type

On the basis of applications, the Electric Power Boats market covers:

Civil Use
Military Use

Regions and Countries Level Analysis:

Europe is expected to hold the largest market share and is anticipated to witness considerable growth over the forecast period. Germany is playing a significant role along with the United Kingdom in propelling the adoption of electric boats and ships in the region in wake of growing environmental regulations and emission standards. Moreover, the growing popularity of electric recreational and leisure vessels in marine tourism, water adventures, and fishing activities in the region is expected to propel regional market growth.

However, the COVID-19 pandemic, which recently spread across European countries, especially Italy, United Kingdom, Spain, and Germany, is expected to have a short-term impact on market growth. Next to Europe, North America to witness the highest growth followed by the Asia Pacific. In North America, the United States is considered a big place for boaters as majority of population in United States is fond of boating and leisure activities. 

The report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2021-2027) of the following regions:

North America (U.S. and Canada)

Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)

Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)

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Report Contents in the Table:

Chapter 1 provides an overview of the Electric Power Boats market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of the market by type, application, and region are also offered in this chapter.

Chapter 2 is about the market landscape and major players. It bids competitive situations and market concentration status along with the basic information of these key players.

Chapter 3 provides a full-scale analysis of major players in the Electric Power Boats industry. The basic information, as well as the profiles, applications, and specifications of products market recital along with Corporate Overview, are obtainable.

Chapter 4 gives a worldwide view of the Electric Power Boats market. It covers production, market share revenue, price, and the development rate by type.

Chapter 5 focuses on the application of Electric Power Boats, by analyzing the consumption and    growth rate of each application.

Chapter 6 is about the production, consumption, export, and import of Electric Power Boats in each region.

Chapter 7 pays attention to the production, revenue, price, and gross margin of Electric Power Boats in markets of different regions. The study on production, revenue, price, and gross margin of the global market is covered in this part.

Chapter 8 efforts on manufacturing analysis, including key raw material analysis, cost structure analysis, and process analysis, making up a complete analysis of manufacturing cost.

Chapter 9 introduces the business chain of Electric Power Boats. Business chain analysis, raw material sources and downstream buyers are analyzed in this chapter.

Chapter 10 provides strong insights into market dynamics.

Chapter 11 prospects the entire Electric Power Boats market, including the global production and revenue forecast, regional forecast. It also predicts the Electric Power Boats market by type and application.

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In all key aspects—regions, market segments, and competitive landscape levels—we personalize research data. Every time a report is purchased, we provide 40 hours of free custom analyst time.

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