Home > Automotive > Mobility > Electric Ships Market

Electric Ships Market Share

  • Report ID: GMI4640
  • Published Date: Dec 2022
  • Report Format: PDF
 Download Free Sample

Electric Ships Market Share

Some electric ships market players include :

  • TSUNEISHI SHIPBUILDING Co., Ltd
  • Guangzhou Shipyard International Company Ltd
  • Siemens
  • ABB
  • Damen Shipyards Group

These firms are prioritizing partnerships to gain a competitive edge in the sector. Citing an instance, in October 2022, ABB Limited, a Swedish-Swiss multinational corporation, joined forces with Incat Tasmania, a high-speed craft (HSC) catamaran ferries manufacturer, to manufacture lightweight hybrid-electric ferries. As part of the partnership, ABB agreed to supply zero-emission propulsion and power solutions and analyze a future commercial setup for building a 148 m-long ferry to Incat Tasmania.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

In 2022, global market size for Electric Ships held a valuation of over USD 4 billion and is expected to grow at over 9% CAGR between 2023 and 2032 backed by the increasing environmental consciousness.

Some key firms in the electric ships business include Akasol AG, ABB Limited, Anglo Belgian Corporation (ABC), Corvus Energy, BAE Systems PLC, Damen Shipyards Group N.V., Eco Marine Power Co. Ltd., Echandia Marine AB, and EST Floattech, among others.

Latin America electric ships market is anticipated to be worth over USD 300 million by 2032 driven by a surging digitalization trend across regional sectors, coupled with heavy investments by the regional governments toward developing the latest technology for the marine industry.

Electric power source segment is slated to grow at a 10% CAGR from 2023 to 2032 on account of stringent regulations that are urging ship manufacturers to replace traditional heavy fuel oil engines with cleaner power sources.

Electric Ships Market Scope

  • Electric Ships Market Size
  • Electric Ships Market Analysis
  • Electric Ships Market Share

    • Buy Now

    Premium Report Details

    • Base Year: 2022
    • Companies covered: 24
    • Tables & Figures: 305
    • Countries covered: 17
    • Pages: 260
     Download Free Sample
    ×
    Get a free sample of Electric Ships Market
    Inquiry Before Buying
    Get special pricing options on this report
    Request Sectional Data
    Over 70% of our clients customize reports to fit their needs. Please tell us how you would like to customize yours below

    Your personal details will remain secure and confidential.