Projected to expand at a CAGR of 10.5% from 2022 to 2028, the global electric ship market will worth USD 8,303 million by 2028-end, according to Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the propulsion type, range, ship type, and region. The global market data on electric ship can be segmented by propulsion type: hybrid, pure electric. The hybrid segment captured the largest share of the market in 2021. Electric ship market is further segmented by range: less than 50 km, 50 - 100 km, 101 - 1000 km, more than 1000 km. Based on ship type, the electric ship market is segmented into: aircraft carriers, cruise ships, ferries , fishing vessels, others. In 2021, the ferries segment made up the largest share of revenue generated by the electric ship market. On the basis of region, the electric ship market also can be divided into: North America, Europe, Asia-Pacific, Rest of the World (RoW).
The global electric ship market is highly competitive. The leading players in the electric ship market include ABB Ltd., Akasol AG, Anglo Belgian Corporation NV, BAE Systems plc, Corvus Energy, Danfoss Editron Oy, Duffield Marine Inc. (Duffy Electric Boat Company), Fjellstrand AS, Ganz Boats GmbH, General Dynamics Corporation (General Dynamics Electric Boat), Groupe Beneteau, Havyard Group ASA, Hurtigruten AS, Kongsberg Gruppen, Leclanche SA, MAN Energy Solutions SE, Siemens Energy (Siemens AG), VARD AS, Wartsila Oyj Abp.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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