Press release
Electric Ship Market to Reach USD 16.30 Bn by 2029, emerging at a CAGR of 13.3 percent and forecast 2023-2029
Electric Ship Market
Our latest report, titled "Global Electric Ship Market Overview," delves into the burgeoning electric ship industry. Electric boats, which initially faced a decline in demand with the advent of fuel-powered ships, are now experiencing resurgence due to significant government focus on innovation. Electric ships are designed to offer fuel savings and reduce greenhouse gas emissions, which is propelling market growth during the forecast period.
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Electric Ship Market Research Methodology:
Our research methodology combines primary and secondary sources, including interviews with industry experts, examination of annual reports, and meticulous financial data analysis, to provide a comprehensive market overview. We present meaningful insights, historical data, and statistically supported market statistics.
What are Electric Ship Market Dynamics:
The international shipping industry's carbon impact has been well-known in recent years. According to International marine Organization studies, the marine industry emits 940 million tons of CO2 each year, accounting for 2.5 to 3% of worldwide greenhouse gas emissions. Shipping accounts for 18 to 30% of total nitrogen oxide emissions in the atmosphere. As a result, ships are one of the major sources of pollution at seaports. As a result, manufacturers have been working on many alternatives to fossil fuels, such as electric ships powered by lithium-ion batteries. Because of the increasing demand for such boats, electric vehicle manufacturers are likely to enhance production of electric boats, hence enhancing market growth.
To Gain More Insights Into The Market Analysis, Browse Summary Of The Research Report: https://www.maximizemarketresearch.com/market-report/electric-ship-market/122061/
Electric Ship Market Regional Insights:
Europe Leads the Way: In 2020, Europe held the largest market share at 34.9%, and it is poised for significant growth during the forecast period. The region boasts a competitive landscape with numerous original component manufacturers and original equipment manufacturers, including Norwegian Electric Systems AS and Vard. Germany, in particular, is contributing significantly to market growth, thanks to growing environmental awareness and government incentives for electric transportation modes. Additionally, the rise of electric recreational and leisure vessels in the region's marine tourism and aquatic activities is further fueling market expansion.
What is Electric Ship Market Segmentation:
by Power Source
Fully Electric
Hybrid
by Power Output
7,560 kW
by Autonomy Level
Semi-Autonomous
Fully Autonomous
by Vessel Type
Commercial Vessel
Defense Vessel
Special Vessel
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Who are Electric Ship Market Key Players:
1. BoeschMotorboote
2. Bureau Veritas
3. Vision Marine Technologies
4. Corvus Energy Ltd.
5. YaraBirkeland
6. Duffy Electric Boat
7. General Dynamics (Electric Boat)
8. Kongsberg Gruppen ASA
9. Electrovaya Inc.
10 Triton Submarines
11 Vard (FINCANTIERI S.p.A.
12 Baltic Workboats AS
13 Norwegian Electric Systems AS
14 Corvus Energy
15 General Dynamics Electric Boat
16 MAN Energy Solutions SE
17 Vard
Table of content for the Electric Ship Market includes:
Electric Ship Market: Research Methodology
Electric Ship Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Electric Ship Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Contact Maximize Market Research:
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About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT and telecom, chemical, food and beverage, aerospace and defense, healthcare and others.
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