Electric Ships Global Market Report 2024

Global Electric Ships Market Report 2024

Electric Ships Global Market Report 2024 – By Type (Fully Electric, Hybrid), By Mode of Operation (Manned, Remotely Operated, Autonomous), By System (Energy Storage Systems, Power Conversion, Power Generation, Power Distribution), By Power (Less Than 75KW, 75 to 150KW, 151 to 745KW, 746 to 7,560KW, Greater Than 7,560KW), By Range (Less Than 50Km, 50 to 100Km, 101 to 1000Km, Greater Than 1,000Km) – Market Size, Trends, And Global Forecast 2024-2033

Name: Electric Ships Global Market Report 2024
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Electric Ships Global Market Report 2024

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Electric Ships Global Market Report 2024

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Electric Ships Market Definition

The electric ship refers to a ship that runs on a battery. These ships abide by all environmental rules and do not endanger marine life. Electric propulsion systems are an environmentally friendly alternative to traditional fuel in inland navigation and large commerce ships.

The main types of electric ships are fully electric, and hybrid. A fully electric ship operates on electricity. Electrical power is used to propel propeller blades in electric propulsion systems. Electric propulsion has gained traction in a wide range of maritime applications across Europe and Japan in recent years, from commercial and research ships to fishing vessels. The mode of operation for these ships is manned, remotely operated, and autonomous using systems such as energy storage systems, power conversion, power generation, and power distribution. It requires power of less than 75 kw, 75 to 150 kw, 151 to 745 kw, 746 to 7,560 kw, or greater than 7,560 kw that can cover a distance of less than 50 km, 50 to 100 km, 101 to 1000 km, or greater than 1,000 km.

Electric Ships Market Segmentation

The electric ships market covered in this report is segmented –

1) By Type: Fully Electric, Hybrid

2) By Mode of Operation: Manned, Remotely Operated, Autonomous

3) By System: Energy Storage Systems, Power Conversion, Power Generation, Power Distribution

4) By Power: Less Than 75KW, 75 to 150KW, 151 to 745KW, 746 to 7,560KW, Greater Than 7,560KW

5) By Range: Less Than 50Km, 50 to 100Km, 101 to 1000Km, Greater Than 1,000Km

Global Electric Ships Market Size 2023 to 2028: Graph

Electric Ships Market Size 2024 And Growth Rate

The electric ships market size has grown rapidly in recent years. It will grow from $8.06 billion in 2023 to $8.99 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the increasing global commercial trade, and the increasing government support.

Electric Ships Market Growth Forecast

The electric ships market size is expected to see rapid growth in the next few years. It will grow to $13.63 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to the rise in the adoption of hybrid and electric propulsion for retrofitting ships, the increasing defense expenditure, the increasing environmental concerns, and the increase in seaborne trade. Major trends in the forecast period include high-powered and technologically advanced bass boats, focus on battery-hybrid ships, focus on zero-emission vessels, technology innovations, focus on artificial intelligence, new electric foiling water taxis, and strategic partnerships and collaborations.

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Electric Ships Market Driver: Adoption Of Hybrid And Electric Propulsion In The Growing Electric Ship Market

The rise in the adoption of hybrid and electric propulsion for retrofitting ships is anticipated to drive the growth of the electric ship market. An eco-friendly ship's electric propulsion system is a hybrid system that uses dual-fuel engines, batteries, and fuel cells as multiple power sources. However, technologies such as fuel storage facilities, gas vaporizers, and battery thermal runaway avoidance must all be developed concurrently to apply these power sources to ships. For instance, in February 2021, the 2030 Green Ship-K Promotion Strategy, which is a key component of South Korea's aims to become carbon-neutral by 2050, focuses on the advancement and widespread use of low-carbon ship technologies, such as hydrogen fuel cells and propulsion systems. The initiative's goal is to reduce the country's shipping greenhouse gas emissions by 40% in the next 25 years, and 70% by 2050. Furthermore, Kawasaki has received its first order for large-capacity battery propulsion systems for coastal ships. Large-capacity lithium-ion (Li-ion) marine batteries, a propulsion control system, and an electric power management system are all part of the battery propulsion system.

Electric Ships Market Driver: Environmental Considerations Driving Growth In The Electric Ships Market

The increasing environmental concerns are anticipated to propel the growth of the electric ships market. Electric ships are a suitable way to drastically lower water pollution because they do not use any fuel and use very little oil, which makes them far less likely to harm aquatic life or other users of the water. According to a 2022 study from the Royal Institute of Technology in Stockholm, ships with electric hydrofoil technology could reduce emissions from marine transport by 97.5% compared to diesel vessels. The major element in reducing emissions is the combination of using hydrofoils and being driven by electricity. Therefore, the increasing environmental concerns are expected to drive the growth of the electric ships market.

Global Electric Ships Market Major Players

Major companies operating in the electric ships market report are ABB Limited, Siemens Energy, BAE Systems, Wärtsilä, Kongsberg Gruppen ASA, MAN Energy Solutions SE, Schottel GmbH, Corvus Energy, Anglo Belgian Corporation (ABC) NV, Leclanché SA, Cochin Shipyard Limited, Western India Shipyard, Hindustan Shipyard Ltd, Adani Kattupalli Shipyard (Larsen & Toubro), Shanghai Waigaoqiao Shipbuilding Co. Ltd., Qingdao Captain Marine Co Ltd, HBM-Huanan Building Materials (Shenzhen) Co Ltd, COSCO Shipping, Headway Technology Co. Ltd, Star MarinePro Corp Limited, China Shipbuilding Industry Co Ltd, Duffy Electric Boats, Wartsila, Kongsberg, General Dynamics Electric Boat, Leclanche SA, Tamarack Lake Electric Boat Company, SPRK Electric Boats, Canadian Electric Boat Company, Westport LLC, Midwest Lake Management Inc., Craig Catamaran Corporation, Astillero rio Santiago, Tandanor, Neptun Ship Design Gmbh, Spi astilleros, Lamwec Colombia, Navtek Naval Technologies, Empire Marine International LLC, Majix Marine, Al-Ghawas, Aries Marine, Ocean Boats, Royal Yachting, Crown Electric Ships and Boats, Alexandria, Joemarine Nautical Company Nigeria Limited, The Damen Group, Southern African Shipyards, Nigerdock FZE

Global Electric Ships Market Trend: Technological Advancements Shaping The Electric Ship Market

Technological advancements are shaping the electric ship market. The welding consumables market is increasing its demand by introducing and applying new technologies and updated software for the industries. The automotive industry is increasingly focusing on integrating smarter and safer safety systems into vehicles for better safety in different terrains and conditions. For instance, in November 2021, The Yara Birkeland, the world's first electric and self-propelled container ship with zero emissions, had its first journey in the Oslo fjord. Yara Birkeland is a multi-actor project in which KONGSBERG is in charge of the development and delivery of all newly created technologies on the ship. Massterlys' monitoring and operations center in Horten will be in charge of the ship. KONGSBERG and Wilhelmsen have teamed up to form Massterly.

Global Electric Ships Market Trend: Rise Of Battery Hybrid Ships In The Electric Ship Market

Companies operating in the electric ships market are increasingly focusing on battery-hybrid ships. Hybrid ships have an electric battery system in addition to an engine. As the ship travels and expends excess energy, which is stored in battery packs, these systems are refilled. The vessel can then be entirely powered by the batteries in low-power scenarios or get additional power from them to reduce peak demand. For example, in 2022, Hurtigruten, a Norway-based company that builds new expedition ships using a new and environmentally sustainable hybrid technology, launched its first environmentally upgraded battery-hybrid ship. In order to lower CO2 emissions, two sizable battery packs with a combined capacity of 1,120kWh each were installed at the Myklebust Yard in northwest Norway as part of the improvements. Aside from installing SCR (Selective Catalytic Reduction) systems to cut NOX (nitrogen oxides) by 80%, Hurtigruten also had the hull of the ship modified to minimize drag and boost efficiency.

Electric Ships Market Merger And Acquisition: Beneteau Expands Small Motorboat Production With Acquisition Of Starfisher

In October 2021, Groupe Beneteau, a French company involved in building sailing yachts and motorboats for all types of boating practices, acquired Starfisher, for an undisclosed amount. This acquisition will allow Beneteau to expand its small motorboat production capacity and create a presence in Portugal, in addition to the three other plants dedicated to these markets in Poland and the United States. Starfisher is a Portuguese company that designs and builds two types of motorboats, from 6 to 12 meters in length, pleasure-fishing boats, and recreational cruisers.

Regional Analysis For The Global Electric Ships Market

Western Europe was the largest region in the electric ship market in 2023. The regions covered in the electric ships market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the electric ships market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The electric ship market consists of sales of battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The electric ships market research report is one of a series of new reports from The Business Research Company that provides electric ships market statistics, including electric ships industry global market size, regional shares, competitors with an electric ships market share, detailed electric ships market segments, market trends, and opportunities, and any further data you may need to thrive in the electric ships industry. This electric ships market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electric Ships Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$8.99 billion
Revenue Forecast In 2033	$13.63 billion
Growth Rate	CAGR of 11% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Fully Electric, Hybrid 2) By Mode of Operation: Manned, Remotely Operated, Autonomous 3) By System: Energy Storage Systems, Power Conversion, Power Generation, Power Distribution 4) By Power: Less Than 75KW, 75 to 150KW, 151 to 745KW, 746 to 7,560KW, Greater Than 7,560KW 5) By Range: Less Than 50Km, 50 to 100Km, 101 to 1000Km, Greater Than 1,000Km
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	ABB Limited; Siemens Energy; BAE Systems; Wärtsilä; Kongsberg Gruppen ASA; MAN Energy Solutions SE; Schottel GmbH; Corvus Energy; Anglo Belgian Corporation (ABC) NV; Leclanché SA; Cochin Shipyard Limited; Western India Shipyard; Hindustan Shipyard Ltd; Adani Kattupalli Shipyard (Larsen & Toubro); Shanghai Waigaoqiao Shipbuilding Co. Ltd.; Qingdao Captain Marine Co Ltd; HBM-Huanan Building Materials (Shenzhen) Co Ltd; COSCO Shipping; Headway Technology Co. Ltd; Star MarinePro Corp Limited; China Shipbuilding Industry Co Ltd; Duffy Electric Boats; Wartsila; Kongsberg; General Dynamics Electric Boat; Leclanche SA; Tamarack Lake Electric Boat Company; SPRK Electric Boats; Canadian Electric Boat Company; Westport LLC; Midwest Lake Management Inc.; Craig Catamaran Corporation; Astillero rio Santiago; Tandanor; Neptun Ship Design Gmbh; Spi astilleros; Lamwec Colombia; Navtek Naval Technologies; Empire Marine International LLC; Majix Marine; Al-Ghawas; Aries Marine; Ocean Boats; Royal Yachting; Crown Electric Ships and Boats; Alexandria; Joemarine Nautical Company Nigeria Limited; The Damen Group; Southern African Shipyards; Nigerdock FZE
Customization Scope	Request for Sample
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1. Executive Summary

2. Electric Ships Market Characteristics

3. Electric Ships Market Trends And Strategies

4. Electric Ships Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Electric Ships Market Size and Growth

5.1. Global Electric Ships Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Electric Ships Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Electric Ships Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Electric Ships Market Segmentation

6.1. Global Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Fully Electric

Hybrid

6.2. Global Electric Ships Market, Segmentation By Mode of Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Manned

Remotely Operated

Autonomous

6.3. Global Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Energy Storage Systems

Power Conversion

Power Generation

Power Distribution

6.4. Global Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Less Than 75KW

75 to 150KW

151 to 745KW

746 to 7,560KW

Greater Than 7,560KW

6.5. Global Electric Ships Market, Segmentation By Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Less Than 50Km

50 to 100Km

101 to 1000Km

Greater Than 1,000Km

7. Electric Ships Market Regional And Country Analysis

7.1. Global Electric Ships Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Electric Ships Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Electric Ships Market

8.1. Asia-Pacific Electric Ships Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Electric Ships Market

9.1. China Electric Ships Market Overview

9.2. China Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Electric Ships Market

10.1. India Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Electric Ships Market

11.1. Japan Electric Ships Market Overview

11.2. Japan Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Electric Ships Market

12.1. Australia Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Electric Ships Market

13.1. Indonesia Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Electric Ships Market

14.1. South Korea Electric Ships Market Overview

14.2. South Korea Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Electric Ships Market

15.1. Western Europe Electric Ships Market Overview

15.2. Western Europe Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Electric Ships Market

16.1. UK Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Electric Ships Market

17.1. Germany Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Electric Ships Market

18.1. France Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Electric Ships Market

19.1. Italy Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Electric Ships Market

20.1. Spain Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Electric Ships Market

21.1. Eastern Europe Electric Ships Market Overview

21.2. Eastern Europe Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Electric Ships Market

22.1. Russia Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Electric Ships Market

23.1. North America Electric Ships Market Overview

23.2. North America Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Electric Ships Market

24.1. USA Electric Ships Market Overview

24.2. USA Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Electric Ships Market

25.1. Canada Electric Ships Market Overview

25.2. Canada Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Electric Ships Market

26.1. South America Electric Ships Market Overview

26.2. South America Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Electric Ships Market

27.1. Brazil Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Electric Ships Market

28.1. Middle East Electric Ships Market Overview

28.2. Middle East Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Electric Ships Market

29.1. Africa Electric Ships Market Overview

29.2. Africa Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Electric Ships Market Competitive Landscape And Company Profiles

30.1. Electric Ships Market Competitive Landscape

30.2. Electric Ships Market Company Profiles

30.2.1. ABB Limited

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Siemens Energy

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. BAE Systems

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Wärtsilä

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Kongsberg Gruppen ASA

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Electric Ships Market Other Major And Innovative Companies

31.1. MAN Energy Solutions SE

31.2. Schottel GmbH

31.3. Corvus Energy

31.4. Anglo Belgian Corporation (ABC) NV

31.5. Leclanché SA

31.6. Cochin Shipyard Limited

31.7. Western India Shipyard

31.8. Hindustan Shipyard Ltd

31.9. Adani Kattupalli Shipyard (Larsen & Toubro)

31.10. Shanghai Waigaoqiao Shipbuilding Co. Ltd.

31.11. Qingdao Captain Marine Co Ltd

31.12. HBM-Huanan Building Materials (Shenzhen) Co Ltd

31.13. COSCO Shipping

31.14. Headway Technology Co. Ltd

31.15. Star MarinePro Corp Limited

32. Global Electric Ships Market Competitive Benchmarking

33. Global Electric Ships Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Electric Ships Market

35. Electric Ships Market Future Outlook and Potential Analysis

35.1 Electric Ships Market In 2028 - Countries Offering Most New Opportunities

35.2 Electric Ships Market In 2028 - Segments Offering Most New Opportunities

35.3 Electric Ships Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Electric Ships Market, Segmentation By Mode of Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Electric Ships Market, Segmentation By Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Electric Ships Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Electric Ships Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: Asia-Pacific, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: China, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: India, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Japan, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Australia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: Indonesia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: South Korea, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Western Europe, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: UK, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: Germany, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: France, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Italy, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Spain, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Eastern Europe, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: Russia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: North America, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: USA, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: Canada, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: South America, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Brazil, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Middle East, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Africa, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: ABB Limited Financial Performance

Table 77: Siemens Energy Financial Performance

Table 78: BAE Systems Financial Performance

Table 79: Wärtsilä Financial Performance

Table 80: Kongsberg Gruppen ASA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Electric Ships Market, Segmentation By Mode of Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Electric Ships Market, Segmentation By Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Electric Ships Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Electric Ships Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: Asia-Pacific, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: China, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: India, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Japan, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Australia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: Indonesia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: South Korea, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Western Europe, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: UK, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: Germany, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: France, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Italy, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Spain, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Eastern Europe, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: Russia, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: North America, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: USA, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: Canada, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: South America, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Brazil, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Middle East, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Electric Ships Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Electric Ships Market, Segmentation By System, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Africa, Electric Ships Market, Segmentation By Power, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: ABB Limited Financial Performance

Figure 77: Siemens Energy Financial Performance

Figure 78: BAE Systems Financial Performance

Figure 79: Wärtsilä Financial Performance

Figure 80: Kongsberg Gruppen ASA Financial Performance

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Frequently Asked Questions

What is the definition of the electric ships market?

How will the electric ships market drivers and restraints affect the electric ships market dynamics? What forces will shape the electric ships industry going forward?

The electric ships market major growth driver - Adoption Of Hybrid And Electric Propulsion In The Growing Electric Ship Market. For further insights on the electric ships market, request a sample here

What is the forecast market size or the forecast market value of the electric ships market?

The electric ships market size has grown rapidly in recent years. It will grow from $8.06 billion in 2023 to $8.99 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, the increasing global commercial trade, and the increasing government support. The electric ships market size is expected to see rapid growth in the next few years. It will grow to $13.63 billion in 2028 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to the rise in the adoption of hybrid and electric propulsion for retrofitting ships, the increasing defense expenditure, the increasing environmental concerns, and the increase in seaborne trade . Major trends in the forecast period include high-powered and technologically advanced bass boats, focus on battery-hybrid ships, focus on zero-emission vessels, technology innovations, focus on artificial intelligence, new electric foiling water taxis, and strategic partnerships and collaborations. For further insights on the electric ships market, request a sample here

How is the electric ships market segmented?

The electric ships market is segmented
1) By Type: Fully Electric, Hybrid
2) By Mode of Operation: Manned, Remotely Operated, Autonomous
3) By System: Energy Storage Systems, Power Conversion, Power Generation, Power Distribution
4) By Power: Less Than 75KW, 75 to 150KW, 151 to 745KW, 746 to 7,560KW, Greater Than 7,560KW
5) By Range: Less Than 50Km, 50 to 100Km, 101 to 1000Km, Greater Than 1,000KmFor further insights on the electric ships market, request a sample here

Which region has the largest share of the electric ships market? What are the other regions covered in the report?

Western Europe was the largest region in the electric ship market in 2023. The regions covered in the electric ships market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the electric ships market, request a sample here.

Who are the major players in the electric ships market?

What are the key trends in the electric ships market?

Major trend in the electric ships market - Technological Advancements Shaping The Electric Ship Market. For further insights on the electric ships market, request a sample here.

What are the major opportunities in the electric ships market? What are the strategies for the electric ships market?

For detailed insights on the major opportunities and strategies in the electric ships market, request a sample here.

How does the electric ships market relate to the overall economy and other similar markets?

For detailed insights on electric ships market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the electric ships industry?

For detailed insights on the mergers and acquisitions in the electric ships industry, request a sample here.

What are the key dynamics influencing the electric ships market growth? SWOT analysis of the electric ships market.

For detailed insights on the key dynamics influencing the electric ships market growth and SWOT analysis of the electric ships industry, request a sample here.