Shore Power market is projected to grow from US$ 1357.9 million in 2023 to US$ 2095.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of 7.5% - Valuates Reports

The global Shore Power market is projected to grow from US$ 1357.9 million in 2023 to US$ 2095.6 million by 2029, at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period.

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Shore Power Market
Shore power or shore supply is the provision of shoreside electrical power to a ship at berth while its main and auxiliary engines are shut down.
Market Analysis and Insights: Global Shore Power Market
While the term denotes shore as opposed to off-shore, it is sometimes applied to aircraft or land-based vehicles (such as campers, heavy trucks with sleeping compartments and tour buses), which may plug into grid power when parked for idle reduction.
Report Includes
This report presents an overview of global market for Shore Power market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Shore Power, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Shore Power, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Shore Power revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Shore Power market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Shore Power revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Siemens, Wärtsilä, ABB, Schneider Electric and Cavotec, etc.

Segment by Type
-Transformer
-Switchgear
-Frequency Converter
-Cable & accessories
-Others (Auxiliary Power System, and Voltage Stabilizers)

Segment by Application
-Shoreside
-Shipside

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