Electric Ship Market by Type (Fully electric, Hybrid), Ship Type (Commercial, Defense), System, Mode of Operation (Manned, Remotely Operated, Autonomous), End Use (Newbuild & Linefit, Retrofit), Power, Tonnage, Range and Region – Global Forecast to 2030
The Electric Ship market size is projected to grow from USD 3.3 billion in 2022 to USD 14.2 billion by 2030, at a CAGR of 20.0% from 2022 to 2030. The increase in global trade operations and passenger traffic are the primary factors driving the growth of the Electric Ship market. Furthermore, the demand for advanced electrical systems onboard marine vessel is boosting the adoption of Electric Ship systems, which reduces harmful emissions and decreases end-user operating and maintenance costs.
Hybrid Electric segment is expected to account for the largest share in 2022.
Based on type, the hybrid electric segment is projected to dominate the Electric Ship market during the forecast period. Hybridization of ships is one of the major methods by which vessel operators are trying to reduce emission of vessels. Due to major economies driving the stakeholders of the marine industry to lower emissions and provide sustainable solutions, the adoption of hybrid ships are one of the major steps the industry is adopting to fulfil these needs.
The 50-100 km range is projected to lead the market during the forecast period
Based on range, 50-100 km segment is expected to lead the market during the forecast period. 50-100 km range ships usually contain all the mid-sized ships, that are mostly used for inland shipping activities. These ships are easy to be converted to hybrid propulsion or be replaced with fully electric solutions. Due to these factors 50-100km range ships are leading the market.
The Retrofit segment is projected to lead Electric Ship market during the forecast period
Based on End Use, the retrofit segment is projected to lead the Electric Ship market during the forecast period. The retrofit market currently holds lower market share in the end use segment. But in the future with reduction in retrofitting cost the segment is expected to grow faster during the forecast period. Retrofitting will be the leading method for electrifying larger ships that still has a lot of life left.
Europe is expected to account for the largest market share in 2022
The Electric Ships market has been studied for the regions North America, Europe, Asia Pacific, and Rest of the World. Europe is expected to dominate the market during the forecast period. The regions has all the major players like ship builders, component manufacturers, system integrators that are key to the electric ships market. The region is also a frontrunner in adopting sustainable solution to cut down emissions. These are some of the factors driving the European electric ships market.
The break-up of the profile of primary participants in the Electric Ship market:
Research Coverage:
The report segments the Electric Ship market based on by type (Fully-electric, Hybrid), by ship type (Commercial, Defense), System, Mode of Operation (Manned, Remotely Operated, Autonomous), End Use (Newbuild & Linefit, Retrofit), Power, Tonnage, Range and Region. The Electric Ship market has been studied for North America, Europe, Asia Pacific, and Rest of the World. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Electric Ship market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, solutions, and services; key strategies; Contracts, partnerships, agreements, new product & service launches, mergers and acquisitions; and recent developments associated with the Electric Ship market. Competitive analysis of upcoming startups in the Electric Ship market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Electric Ship market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Hybrid Electric segment is expected to account for the largest share in 2022.
Based on type, the hybrid electric segment is projected to dominate the Electric Ship market during the forecast period. Hybridization of ships is one of the major methods by which vessel operators are trying to reduce emission of vessels. Due to major economies driving the stakeholders of the marine industry to lower emissions and provide sustainable solutions, the adoption of hybrid ships are one of the major steps the industry is adopting to fulfil these needs.
The 50-100 km range is projected to lead the market during the forecast period
Based on range, 50-100 km segment is expected to lead the market during the forecast period. 50-100 km range ships usually contain all the mid-sized ships, that are mostly used for inland shipping activities. These ships are easy to be converted to hybrid propulsion or be replaced with fully electric solutions. Due to these factors 50-100km range ships are leading the market.
The Retrofit segment is projected to lead Electric Ship market during the forecast period
Based on End Use, the retrofit segment is projected to lead the Electric Ship market during the forecast period. The retrofit market currently holds lower market share in the end use segment. But in the future with reduction in retrofitting cost the segment is expected to grow faster during the forecast period. Retrofitting will be the leading method for electrifying larger ships that still has a lot of life left.
Europe is expected to account for the largest market share in 2022
The Electric Ships market has been studied for the regions North America, Europe, Asia Pacific, and Rest of the World. Europe is expected to dominate the market during the forecast period. The regions has all the major players like ship builders, component manufacturers, system integrators that are key to the electric ships market. The region is also a frontrunner in adopting sustainable solution to cut down emissions. These are some of the factors driving the European electric ships market.
The break-up of the profile of primary participants in the Electric Ship market:
- By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
- By Designation: C Level – 50%, Director Level – 25%, Others-25%
- By Region: North America – 47%, Europe – 21%, Asia Pacific – 21%, Rest of the World – 11%.
Research Coverage:
The report segments the Electric Ship market based on by type (Fully-electric, Hybrid), by ship type (Commercial, Defense), System, Mode of Operation (Manned, Remotely Operated, Autonomous), End Use (Newbuild & Linefit, Retrofit), Power, Tonnage, Range and Region. The Electric Ship market has been studied for North America, Europe, Asia Pacific, and Rest of the World. The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Electric Ship market. A detailed analysis of the key industry players has been done to provide insights into their business overviews, solutions, and services; key strategies; Contracts, partnerships, agreements, new product & service launches, mergers and acquisitions; and recent developments associated with the Electric Ship market. Competitive analysis of upcoming startups in the Electric Ship market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Electric Ship market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on Electric Ship offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Electric Ship market
- Market Development: Comprehensive information about lucrative markets – the report analyses the Electric Ship market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Electric Ship market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the Electric Ship market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 MARKETS COVERED
1.2.2 REGIONAL SCOPE
1.2.3 YEARS CONSIDERED
1.3 CURRENCY & PRICING
TABLE 1 USD EXCHANGE RATES, 2019–2021
1.4 LIMITATIONS
1.5 INCLUSIONS & EXCLUSIONS
1.6 MARKET STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 REPORT PROCESS FLOW
FIGURE 2 ELECTRIC SHIPS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.2 RECESSION IMPACT ANALYSIS
2.2.1 DEMAND-SIDE ANALYSIS
FIGURE 3 US: NAVAL DEFENSE BUDGET
FIGURE 4 BREAKDOWN OF US NAVAL DEFENSE BUDGET
2.2.2 SUPPLY-SIDE ANALYSIS
FIGURE 5 QUARTERLY REVENUE OF TOP THREE COMPANIES
2.3 FACTOR ANALYSIS
2.3.1 INTRODUCTION
2.3.2 DEMAND-SIDE INDICATORS
2.3.2.1 Growing maritime tourism industry
2.3.3 SUPPLY-SIDE INDICATORS
2.3.3.1 Advanced batteries for electric ships
2.3.4 KEY PRIMARY DETAILS
TABLE 2 PRIMARY DETAILS
2.4 MARKET SIZE ESTIMATION & METHODOLOGY
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Regional electric ships market
2.4.1.2 Electric ships: demand-side analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION: ELECTRIC SHIPS MARKET
2.6 PRICING ANALYSIS
2.7 MARKET SIZING & FORECASTING
TABLE 3 RESEARCH ASSUMPTIONS
2.8 LIMITATIONS
2.9 LIST OF SOURCES
TABLE 4 PUBLICATIONS & ORDER BOOKS OF SHIPYARDS/COMPONENT SUPPLIERS/REGULATORY PUBLICATIONS CONSIDERED FOR MARKET STUDY
TABLE 5 MAGAZINES/PRESS RELEASES/NEWSLETTERS REFERRED TO FOR MARKET STUDY
3 EXECUTIVE SUMMARY
FIGURE 9 HYBRID ELECTRIC SHIPS EXPECTED TO DOMINATE MARKET IN 2022
FIGURE 10 MANNED SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET FROM 2022 TO 2030
FIGURE 11 NEWBUILD & LINE FIT SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD
FIGURE 12 EUROPE TO COMMAND ELECTRIC SHIPS MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SHIPS MARKET, 2022–2030
FIGURE 13 INCREASING NEED TO REDUCE EMISSIONS DRIVES DEMAND FOR ELECTRIC SHIPS
4.2 ELECTRIC SHIPS MARKET, BY PASSENGER SHIP TYPE
FIGURE 14 FERRIES TO LEAD MARKET DURING FORECAST PERIOD
4.3 ELECTRIC SHIPS MARKET, BY RANGE
FIGURE 15 50–100 KM SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD
4.4 ELECTRIC SHIPS MARKET, BY COUNTRY
FIGURE 16 MARKET IN FINLAND PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 ROADMAP OF MARINE ELECTRIFICATION
TABLE 6 MILESTONES IN IMPLEMENTATION PLAN FOR ELECTRIFICATION IN MARINE TRANSPORT (2025-2035-2050)
5.3 MARKET DYNAMICS
FIGURE 17 ELECTRIC SHIPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Implementation of IMO Sulphur 2020 regulation
TABLE 7 SULFUR CONTENT REGULATIONS IN BUNKER FUEL
5.3.1.2 Rise in adoption of hybrid and electric propulsion to retrofit ships
5.3.1.3 Increase in seaborne trade across globe
5.3.1.4 Growing maritime tourism industry
FIGURE 18 GLOBAL CRUISE INDUSTRY, BY REGION, 2021
5.3.1.5 Development of lithium-ion batteries
FIGURE 19 MOST COMMON LITHIUM-ION BATTERIES WITH KEY FEATURES
TABLE 8 CURRENT BATTERY CAPACITY AND REQUIREMENTS OF SHIPS
5.3.1.6 Need for reduction in carbon emissions
5.3.1.7 Reduction in overall operating costs of ships
5.3.2 RESTRAINTS
5.3.2.1 Long downtime in retrofitting ships
5.3.2.2 Limited range and capacity of fully electric ships
5.3.3 OPPORTUNITIES
5.3.3.1 Potential of high-powered batteries
FIGURE 20 RELATIVE FEASIBILITY OF DIFFERENT ENERGY STORAGE TECHNOLOGIES
5.3.3.2 Potential for battery charging via renewable sources of energy
5.3.3.3 Hybrid propulsion technology for large ships
5.3.4 CHALLENGES
5.3.4.1 Inadequate charging infrastructure
5.3.4.2 High initial capital expenditure
5.4 PRICING ANALYSIS
TABLE 9 CASE 1: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 10 CASE 2: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 11 CASE 3: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 12 AVERAGE SELLING PRICE OF ELECTRIC SHIPPING HARDWARE (USD MILLION)
5.5 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS: ELECTRIC SHIPS MARKET
5.6 MARKET ECOSYSTEM MAP
FIGURE 22 ELECTRIC SHIPS MARKET: ECOSYSTEM MAP
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ELECTRIC SHIPS MARKET
FIGURE 23 REVENUE SHIFT IN ELECTRIC SHIPS MARKET
5.8 PORTER'S FIVE FORCES ANALYSIS
FIGURE 24 PORTER'S FIVE FORCES ANALYSIS OF ELECTRIC SHIPS MARKET
TABLE 13 PORTER'S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWERS OF SUPPLIERS
5.8.4 BARGAINING POWERS OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 TRADE ANALYSIS: IMPORT/EXPORT DATA
5.9.1 INTERNATIONAL MARITIME TRADE DATA, 2010–2019
FIGURE 25 DEVELOPMENT OF INTERNATIONAL MARITIME TRADE (2010–2019)
5.9.2 WORLD SEABORNE TRADE, 2015–2019
TABLE 14 WORLD SEABORNE TRADE, 2015–2019
5.10 RECESSION IMPACT ANALYSIS
FIGURE 26 RECESSION IMPACT ANALYSIS
5.11 CASE STUDY ANALYSIS
5.11.1 USE CASE: AURIGA LEADER
5.11.2 USE CASE: YARA BIRKELAND
5.11.3 USE CASE: CHANGJIANG SAN XIA 1
5.11.4 USE CASE: ELLEN
5.11.5 USE CASE: FUTURE OF THE FJORDS
5.12 TARIFF AND REGULATORY LANDSCAPE
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS (%)
5.13.2 BUYING CRITERIA
FIGURE 28 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS
TABLE 16 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS
5.14 KEY CONFERENCES AND EVENTS, 2023
TABLE 17 ELECTRIC SHIPS MARKET: CONFERENCES AND EVENTS IN 2023
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY
FIGURE 29 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY
6.3 PHASING OF MARINE PROPULSION TECHNOLOGIES
FIGURE 30 POTENTIAL PHASING OF DIFFERENT PROPULSION TECHNOLOGIES IN MARINE INDUSTRY
6.4 EMERGING TRENDS
FIGURE 31 EMERGING TRENDS
6.4.1 ELECTRIFICATION OF LEISURE BOATS
6.4.2 POTENTIAL OF HYBRID TECHNOLOGY
6.4.3 SOLAR SAILS
6.4.4 ADVANCED BATTERIES FOR ELECTRIC SHIPS
6.4.5 HYDROGEN AS ZERO-EMISSION FUEL
6.4.6 BATTERY-POWERED NAVAL VESSELS
6.4.7 NEXT-GENERATION SOLID-STATE BATTERY TECHNOLOGY
6.4.7.1 Summary of commercial batteries
6.5 SUPPLY CHAIN ANALYSIS
FIGURE 32 ELECTRIC SHIPS: SUPPLY CHAIN
6.6 ELECTRIC SHIPS MARKET: KEY PATENTS
7 ELECTRIC SHIPS MARKET, BY SHIP TYPE
7.1 INTRODUCTION
FIGURE 33 COMMERCIAL SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 18 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 19 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2 COMMERCIAL
TABLE 20 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 21 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.1 PASSENGER VESSELS
TABLE 22 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 23 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 24 ELECTRIC PASSENGER VESSELS VOLUME (UNITS)
TABLE 25 ELECTRIC CARGO VESSELS VOLUME (UNITS)
TABLE 26 OTHER COMMERCIAL ELECTRIC VESSELS VOLUME (UNITS)
7.2.1.1 Yachts
7.2.1.1.1 Solar power used to charge batteries of fully electric yachts
7.2.1.2 Ferries
7.2.1.2.1 High adoption in North America and Europe due to changing environmental regulations
7.2.1.3 Cruise ships
7.2.1.3.1 Adoption of hybrid-electric propulsion technology likely to increase in coming years
7.2.1.4 Motorboats
7.2.1.4.1 Rising demand for electric motorboats in Europe
7.2.2 CARGO VESSELS
TABLE 27 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 28 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.2.1 Container vessels
7.2.2.1.1 First to adopt full electric setup due to smaller size
7.2.2.2 Bulk carriers
7.2.2.2.1 Retrofit demand in bulk carriers to increase in coming years
7.2.2.3 Tankers
7.2.2.3.1 Increasing developments underway to equip tankers with lithium-ion batteries
7.2.2.4 General cargo ships
7.2.2.4.1 High potential of retrofit market for general cargo ships
7.2.3 OTHERS
TABLE 29 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 30 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.3.1 Fishing vessels
7.2.3.1.1 Rising adoption of electric propulsion in fishing vessels
7.2.3.2 Dredgers
7.2.3.2.1 Negligible market for dredgers with fully electric propulsion system
7.2.3.3 Tugs & workboats
7.2.3.3.1 Account for major share of global ship fleet
7.2.3.4 Research vessels
7.2.3.4.1 Market for retrofitting research vessels larger than newbuilds
7.2.3.5 Submarines
7.2.3.5.1 Useful for underwater exploration due to minimal vibration from motor
7.3 DEFENSE
TABLE 31 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 32 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.3.1 DESTROYERS
7.3.1.1 Defense forces of US, UK, and India to focus on integration of electric propulsive destroyers
7.3.2 FRIGATES
7.3.2.1 Electric and hybrid propulsion used in frigates either directly or along with diesel engine
7.3.3 CORVETTES
7.3.3.1 South Korea key market for corvettes with all-electric propulsion
7.3.4 OFFSHORE SUPPORT VESSELS
7.3.4.1 Adoption of hybrid propulsion technology for OSVs to increase during forecast period
7.3.5 AIRCRAFT CARRIERS
7.3.5.1 Indian Navy states possibility of using aircraft carrier with hybrid propulsion
7.3.6 SUBMARINES
7.3.6.1 US, France, and India — currently using or developing electric propulsion systems
8 ELECTRIC SHIPS MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 34 FULLY ELECTRIC SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 33 ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 34 ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 35 CRUISE SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 36 YACHTS MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 37 FERRY MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 38 COMMERCIAL SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS)
8.2 FULLY ELECTRIC
TABLE 39 GLOBAL ELECTRIC SHIP PROJECTS
TABLE 40 LIST OF FULLY ELECTRIC SHIPS
FIGURE 35 NUMBER OF FULLY ELECTRIC SHIPS, BY COUNTRY, 2019
TABLE 41 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 42 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
8.2.1 BATTERY
8.2.1.1 Lithium battery
8.2.1.1.1 Major power source for hybrid and fully electric vessels
8.2.1.2 Lead acid battery
8.2.1.2.1 Wide range of applications in marine sector
8.2.2 ELECTRO-SOLAR
8.2.2.1 Involves use of renewable energy to recharge batteries in ships
8.2.3 FUEL CELLS
8.2.3.1 Alternative to lithium-ion and lead acid batteries
TABLE 43 ONGOING FUEL CELL PROJECTS IN SHIPPING INDUSTRY
8.3 HYBRID
FIGURE 36 EXPERT VIEWS ON HYBRID TECHNOLOGY
TABLE 44 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 45 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
8.3.1 DIESEL & BATTERY
8.3.1.1 Significant advancements to encourage adoption of hybrid-electric propulsion in large cruise ships
8.3.2 LPG/LNG & BATTERY
8.3.2.1 LPG/LNG engines use electric propulsion motors to power ships
9 ELECTRIC SHIPS MARKET, BY END USE
9.1 INTRODUCTION
FIGURE 37 NEWBUILD & LINE FIT SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD
TABLE 46 ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 47 ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
9.2 NEWBUILD & LINE FIT
9.2.1 HIGH DEMAND FOR FULLY ELECTRIC FERRIES IN EUROPE
9.3 RETROFIT
9.3.1 INCREASE IN RETROFITTING TO INCREASE EFFICIENCY AND EXTEND DURABILITY OF VESSELS
10 ELECTRIC SHIPS MARKET, BY POWER
10.1 INTRODUCTION
FIGURE 38 75–150 KW SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 48 ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 49 ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
10.2 <75 KW
10.2.1 DEMAND FOR FULLY ELECTRIC YACHTS IN EUROPE TO DRIVE MARKET
10.3 75–150 KW
10.3.1 USE OF FULLY ELECTRIC FERRIES FOR TRANSPORT TO BOOST MARKET
10.4 151–745 KW
10.4.1 CARGO VESSELS WITH 151–745 KW POWER RANGE TO PRESENT LARGE RETROFIT MARKET
10.5 746–7,560 KW
10.5.1 INCREASED DEVELOPMENT OF HYBRID PROPULSION IN 746–7560 KW SEGMENT
10.6 >7,560 KW
10.6.1 ADOPTION OF HYBRID-ELECTRIC PROPULSION SYSTEMS CHALLENGING IN SHIPS WITH HIGH POWER CAPACITY
11 ELECTRIC SHIPS MARKET, BY TONNAGE
11.1 INTRODUCTION
FIGURE 39 <500 DWT SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 50 ELECTRIC SHIPS MARKET, BY TONNAGE, 2018–2021 (USD MILLION)
TABLE 51 ELECTRIC SHIPS MARKET, BY TONNAGE, 2022–2030 (USD MILLION)
11.2 <500 DWT
11.2.1 RISE IN DEMAND FOR PUBLIC TRANSPORT VESSELS TO DRIVE MARKET
11.3 500–5,000 DWT
11.3.1 INCREASING MARINE TRADE ACROSS VARIOUS INDUSTRIES TO BOOST MARKET
11.4 5,001–15,000 DWT
11.4.1 INCREASING CROSS-COUNTRY TRADE BY CARGO VESSELS TO DRIVE DEMAND
11.5 >15,000 DWT
11.5.1 GROWING DEFENSE MARINE INDUSTRY TO FUEL MARKET
12 ELECTRIC SHIPS MARKET, BY SYSTEM
12.1 INTRODUCTION
FIGURE 40 POWER CONVERSION SEGMENT TO GROW FASTEST DURING FORECAST PERIOD
TABLE 52 ELECTRIC SHIPS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)
TABLE 53 ELECTRIC SHIPS MARKET, BY SYSTEM, 2022–2030 (USD MILLION)
12.2 ENERGY STORAGE SYSTEMS
FIGURE 41 TYPES OF ENERGY STORAGE SYSTEMS
FIGURE 42 FLYWHEEL, SMES, AND ULTRA-CAPACITORS: EFFICIENT FOR USE IN SHIPPING INDUSTRY
TABLE 54 COMPARISON OF PRINCIPAL ENERGY STORAGE SYSTEMS
12.2.1 <1,000 KW
12.2.1.1 <1,000 kW energy storage systems majorly required by small ships
12.2.2 1,001–5,000 KW
12.2.2.1 Tourism to drive 1,001–5,000-kW segment for Ro-Ro and sightseeing boats
12.2.3 >5,000 KW
12.2.3.1 >5,000 kW power used by large ships
12.3 POWER CONVERSION
12.4 POWER GENERATION
TABLE 55 ELECTRIC PROPULSION SHIP (8,444G/T, CEMENT CARRYING VESSEL) AND EXISTING SHIP: COMPARISON
12.4.1 GENERATORS
12.4.1.1 Rise in demand for electric propulsion to increase demand for generators
12.4.2 ENGINES
12.4.2.1 Hybrid propulsion to boost demand for engines
12.4.3 PROPULSION MOTORS
12.4.3.1 Retrofitting to fuel demand for propulsion motors
12.5 POWER DISTRIBUTION
13 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION
13.1 INTRODUCTION
FIGURE 43 MANNED SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 56 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 57 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
13.2 MANNED
13.2.1 RETROFITTING DIESEL-DRIVEN SHIPS WITH ELECTRIC AND HYBRID PROPULSION TO DRIVE SEGMENT
13.3 REMOTELY OPERATED
13.3.1 INCREASING INVESTMENTS IN REMOTELY OPERATED SHIPS TO BOOST SEGMENT
13.4 AUTONOMOUS
13.4.1 INCREASING INVESTMENTS DRIVE MARKET FOR AUTONOMOUS ELECTRIC SHIPS
FIGURE 44 VIEWS ON AUTONOMY IN ELECTRIC SHIPS BY INDUSTRY EXPERTS
14 ELECTRIC SHIPS MARKET, BY RANGE
14.1 INTRODUCTION
FIGURE 45 50–100 KM SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 58 ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 59 ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
14.2 <50 KM
14.2.1 ADOPTION OF FULLY ELECTRIC PASSENGER FERRIES AND TUGS TO DRIVE SEGMENT
14.3 50–100 KM
14.3.1 DEMAND FOR FULLY ELECTRIC INLAND CONTAINER SHIPS TO FUEL MARKET
14.4 100–1,000 KM
14.4.1 INCREASED DEMAND FOR RETROFITTING CARGO VESSELS TO FUEL SEGMENT
14.5 >1,000 KM
14.5.1 HIGH DEMAND FOR LONG-DISTANCE CARGO VESSELS TO BOOST MARKET
15 REGIONAL ANALYSIS
15.1 INTRODUCTION
FIGURE 46 EUROPE ESTIMATED TO HOLD LARGEST SHARE OF ELECTRIC SHIPS MARKET IN 2022
15.1.1 REGIONAL RECESSION IMPACT ANALYSIS
FIGURE 47 NAVAL BUDGET TREND, BY REGION (2019–2022)
TABLE 60 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 61 ELECTRIC SHIPS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 62 ELECTRIC SHIPS MARKET, BY REGION, 2022–2030 (USD MILLION)
15.2 NORTH AMERICA
15.2.1 PESTLE ANALYSIS: NORTH AMERICA
FIGURE 48 NORTH AMERICA: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 63 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 64 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 65 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 66 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 67 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 68 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 69 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 70 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 71 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 72 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 73 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 74 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 75 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 76 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 77 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 78 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 79 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 80 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 81 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 82 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 83 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 84 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 85 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 86 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 87 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 88 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.2.2 US
15.2.2.1 High demand for luxury sailing to increase adoption of electric boats
TABLE 89 US: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 90 US: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 91 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 92 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 93 US: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 94 US: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.2.3 CANADA
15.2.3.1 Strategic government decision to develop indigenous marine industry
TABLE 95 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 96 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 97 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 98 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 99 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 100 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3 EUROPE
15.3.1 PESTLE ANALYSIS: EUROPE
FIGURE 49 EUROPE: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 101 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 102 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 103 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 104 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 105 EUROPE: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 106 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 107 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 108 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 109 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 110 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 111 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 112 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 113 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 114 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 115 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 116 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 117 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 118 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 119 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 120 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 121 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 122 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 123 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 124 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 125 EUROPE: ELECTRIC SHIPS MARKET, BY POWER 2018–2021 (USD MILLION)
TABLE 126 EUROPE: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.3.2 NORWAY
15.3.2.1 Implementation of IMO rule to drive adoption of hybrid or electric propulsion
FIGURE 50 CO2 EMISSIONS FROM DOMESTIC SHIPPING IN NORWAY
TABLE 127 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 128 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 129 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 130 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 131 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 132 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.3 GREECE
15.3.3.1 Stringent IMO 2020 rule to drive demand for electric ships
TABLE 133 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 134 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 135 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 136 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 137 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 138 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.4 NETHERLANDS
15.3.4.1 Push toward using zero-emission ships to reduce costs and improve efficiency
TABLE 139 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 140 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 141 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 142 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 143 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 144 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.5 FINLAND
15.3.5.1 Major focus on green marine technologies
TABLE 145 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 146 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 147 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 148 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 149 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 150 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.6 GERMANY
15.3.6.1 Upgrades of ship equipment to boost demand for electric ships
TABLE 151 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 152 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 153 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 154 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 155 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 156 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.7 DENMARK
15.3.7.1 Presence of stringent environmental regulations
TABLE 157 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 158 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 159 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 160 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 161 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 162 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.8 REST OF EUROPE
TABLE 163 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 164 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 165 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 166 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 167 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 168 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4 ASIA PACIFIC
15.4.1 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 169 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 170 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 171 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 172 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 173 ASIA PACIFIC: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 174 ASIA PACIFIC: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 175 ASIA PACIFIC: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 176 ASIA PACIFIC: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 177 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 178 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 179 ASIA PACIFIC: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 180 ASIA PACIFIC: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 181 ASIA PACIFIC: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 182 ASIA PACIFIC: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 183 ASIA PACIFIC: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 184 ASIA PACIFIC: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 185 ASIA PACIFIC: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 186 ASIA PACIFIC: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 187 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 188 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 189 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 190 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2021–2030 (USD MILLION)
TABLE 191 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 192 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 193 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 194 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.4.2 CHINA
15.4.2.1 Presence of several shipbuilding companies
TABLE 195 CHINA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 196 CHINA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 197 CHINA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 198 CHINA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 199 CHINA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 200 CHINA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.3 SOUTH KOREA
15.4.3.1 Adoption of fuel cells for development of ships and hydrogen economy
TABLE 201 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 202 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 203 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 204 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 205 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 206 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.4 JAPAN
15.4.4.1 Focus on reduction of greenhouse gas emissions from international shipping
TABLE 207 JAPAN: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 208 JAPAN: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 209 JAPAN: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2020 (USD MILLION)
TABLE 210 JAPAN: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 211 JAPAN: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 212 JAPAN: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.5 NEW ZEALAND
15.4.5.1 Increased focus on shift from diesel-driven ships to electric ships to reduce operational costs
TABLE 213 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 214 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 215 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 216 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 217 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 218 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.6 INDIA
15.4.6.1 Significant retrofit potential for navy ships
TABLE 219 INDIA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 220 INDIA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 221 INDIA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 222 INDIA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 223 INDIA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 224 INDIA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.7 REST OF ASIA PACIFIC
15.4.7.1 Increasing development of electric passenger ferries
TABLE 225 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 226 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 227 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 228 REST OF APAC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 229 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 230 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.5 REST OF THE WORLD
15.5.1 PESTLE ANALYSIS: REST OF THE WORLD
FIGURE 52 REST OF THE WORLD: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 231 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 232 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY REGION, 2022–2030 (USD MILLION)
TABLE 233 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 234 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 235 REST OF THE WORLD: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 236 REST OF THE WORLD: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 237 REST OF THE WORLD: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 238 REST OF THE WORLD: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 239 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 240 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 241 REST OF THE WORLD: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 242 REST OF THE WORLD: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 243 REST OF THE WORLD: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 244 REST OF THE WORLD: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 245 REST OF THE WORLD: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 246 REST OF THE WORLD: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 247 REST OF THE WORLD: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 248 REST OF THE WORLD: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 249 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 250 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 251 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 252 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 253 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 254 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 255 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 256 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.5.2 LATIN AMERICA
15.5.2.1 Large fleet size of ships to encourage adoption of hybrid propulsion
TABLE 257 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 258 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 259 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 260 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 261 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 262 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.5.3 MIDDLE EAST & AFRICA
15.5.3.1 Retrofitting of existing fleet of ships to boost market
TABLE 263 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 264 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 265 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 266 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 267 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 268 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
16 COMPETITIVE LANDSCAPE
16.1 INTRODUCTION
16.2 RANKING OF LEADING PLAYERS, 2022
FIGURE 53 RANKING OF LEADING PLAYERS IN ELECTRIC SHIPS MARKET, 2022
16.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2022
FIGURE 54 ELECTRIC SHIPS MARKET: SHARE OF LEADING BATTERY SUPPLIERS, 2022
FIGURE 55 ELECTRIC SHIPS MARKET: SHARE OF LEADING SYSTEM INTEGRATORS, 2022
FIGURE 56 ELECTRIC SHIPS MARKET SHARE, BY AREA OF OPERATION, 2022
FIGURE 57 ELECTRIC SHIPS MARKET SHARE, BY BATTERY APPLICATION, 2022
FIGURE 58 ELECTRIC SHIPS MARKET SHARE, BY MODE OF OPERATION
16.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2022
FIGURE 59 REVENUE ANALYSIS OF LEADING PLAYERS IN ELECTRIC SHIPS MARKET, 2022
16.5 COMPETITIVE OVERVIEW
TABLE 269 KEY DEVELOPMENTS BY LEADING PLAYERS IN ELECTRIC SHIPS MARKET BETWEEN 2018 AND 2023
16.6 COMPANY PRODUCT FOOTPRINT ANALYSIS
TABLE 270 COMPANY PRODUCT FOOTPRINT
TABLE 271 COMPANY TYPE FOOTPRINT
TABLE 272 COMPANY SHIP TYPE FOOTPRINT
TABLE 273 COMPANY REGION FOOTPRINT
16.7 COMPANY EVALUATION QUADRANT
16.7.1 STARS
16.7.2 EMERGING LEADERS
16.7.3 PERVASIVE PLAYERS
16.7.4 PARTICIPANTS
FIGURE 60 ELECTRIC SHIPS MARKET COMPETITIVE LEADERSHIP MAPPING, 2022
16.8 STARTUPS/SME EVALUATION QUADRANT
16.8.1 PROGRESSIVE COMPANIES
16.8.2 RESPONSIVE COMPANIES
16.8.3 DYNAMIC COMPANIES
16.8.4 STARTING BLOCKS
FIGURE 61 ELECTRIC SHIPS MARKET: STARTUPS/SME COMPETITIVE LEADERSHIP MAPPING, 2022
16.9 COMPETITIVE BENCHMARKING
TABLE 274 ELECTRIC SHIP MARKET: KEY STARTUPS/SMES
16.10 COMPETITIVE SCENARIO
16.10.1 DEALS
TABLE 275 DEALS, 2018–2023
16.10.2 PRODUCT LAUNCHES
TABLE 276 PRODUCT LAUNCHES, 2018–2023
16.10.3 OTHERS
TABLE 277 OTHERS, 2018–2023
17 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
17.1 INTRODUCTION
17.2 KEY PLAYERS
17.2.1 ABB
TABLE 278 ABB: BUSINESS OVERVIEW
FIGURE 62 ABB: COMPANY SNAPSHOT
TABLE 279 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 280 ABB: DEALS
17.2.2 W?RTSIL?
TABLE 281 W?RTSIL?: BUSINESS OVERVIEW
FIGURE 63 W?RTSIL?: COMPANY SNAPSHOT
TABLE 282 W?RTSIL?: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 283 W?RTSIL?: DEALS
TABLE 284 W?RTSIL?: PRODUCT LAUNCHES
17.2.3 KONGSBERG GRUPPEN
TABLE 285 KONGSBERG GRUPPEN: BUSINESS OVERVIEW
FIGURE 64 KONGSBERG GRUPPEN: COMPANY SNAPSHOT
TABLE 286 KONGSBERG GRUPPEN: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 287 KONGSBERG GRUPPEN: DEALS
17.2.4 GENERAL ELECTRIC COMPANY
TABLE 288 GENERAL ELECTRIC COMPANY: BUSINESS OVERVIEW
FIGURE 65 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
TABLE 289 GENERAL ELECTRIC COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 290 GENERAL ELECTRIC COMPANY: DEALS
17.2.5 VARD (FINCANTIERI)
TABLE 291 VARD (FINCANTIERI): BUSINESS OVERVIEW
TABLE 292 VARD (FINCANTIERI): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 293 VARD (FINCANTIERI): DEALS
17.2.6 SIEMENS
TABLE 294 SIEMENS: BUSINESS OVERVIEW
FIGURE 66 SIEMENS: COMPANY SNAPSHOT
TABLE 295 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 296 SIEMENS: DEALS
17.2.7 LECLANCH? SA
TABLE 297 LECLANCH? SA: BUSINESS OVERVIEW
FIGURE 67 LECLANCH? SA: COMPANY SNAPSHOT
TABLE 298 LECLANCH? SA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 299 LECLANCH? SA: DEALS
TABLE 300 LECLANCH? SA: PRODUCT LAUNCHES
17.2.8 BAE SYSTEMS
TABLE 301 BAE SYSTEMS: BUSINESS OVERVIEW
FIGURE 68 BAE SYSTEMS: COMPANY SNAPSHOT
TABLE 302 BAE SYSTEMS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 303 BAE SYSTEMS: DEALS
17.2.9 SAFT
TABLE 304 SAFT: BUSINESS OVERVIEW
FIGURE 69 SAFT: COMPANY SNAPSHOT
TABLE 305 SAFT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 306 SAFT: DEALS
17.2.10 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA)
TABLE 307 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): BUSINESS OVERVIEW
TABLE 308 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 309 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): DEALS
17.2.11 MAN ENERGY SOLUTIONS SE (TRATON GROUP)
TABLE 310 MAN ENERGY SOLUTIONS SE (TRATON GROUP): BUSINESS OVERVIEW
TABLE 311 MAN ENERGY SOLUTIONS SE (TRATON GROUP): PRODUCTS & SERVICES OFFERED
TABLE 312 MAN ENERGY SOLUTIONS SE (TRATON GROUP): DEALS
17.2.12 CORVUS ENERGY
TABLE 313 CORVUS ENERGY: BUSINESS OVERVIEW
TABLE 314 CORVUS ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 315 CORVUS ENERGY: DEALS
TABLE 316 CORVUS ENERGY: OTHERS
17.2.13 ECHANDIA MARINE AB
TABLE 317 ECHANDIA MARINE AB: BUSINESS OVERVIEW
TABLE 318 ECHANDIA MARINE AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 319 ECHANDIA MARINE AB: DEALS
17.2.14 GENERAL DYNAMICS ELECTRIC BOAT
TABLE 320 GENERAL DYNAMICS ELECTRIC BOAT: BUSINESS OVERVIEW
TABLE 321 GENERAL DYNAMICS ELECTRIC BOAT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 322 GENERAL DYNAMICS ELECTRIC BOAT: DEALS
17.2.15 ANGLO BELGIAN CORPORATION (ABC) NV
TABLE 323 ANGLO BELGIAN CORPORATION (ABC) NV: BUSINESS OVERVIEW
TABLE 324 ANGLO BELGIAN CORPORATION (ABC) NV: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 325 ANGLO BELGIAN CORPORATION (ABC) NV: DEALS
17.2.16 SCHOTTEL GMBH
TABLE 326 SCHOTTEL GMBH: BUSINESS OVERVIEW
TABLE 327 SCHOTTEL GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 328 SCHOTTEL GMBH: DEALS
17.2.17 VISEDO (DANFOSS)
TABLE 329 VISEDO (DANFOSS): BUSINESS OVERVIEW
TABLE 330 VISEDO (DANFOSS): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 331 VISEDO (DANFOSS): DEALS
17.2.18 BORGWARNER
TABLE 332 BORGWARNER: BUSINESS OVERVIEW
TABLE 333 BORGWARNER: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 334 BORGWARNER: DEALS
17.2.19 FJELLSTRAND
TABLE 335 FJELLSTRAND: BUSINESS OVERVIEW
TABLE 336 FJELLSTRAND: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 337 FJELLSTRAND: PRODUCT LAUNCHES
TABLE 338 FJELLSTRAND: DEALS
17.2.20 S?BY V?RFT A/S
TABLE 339 S?BY V?RFT A/S: BUSINESS OVERVIEW
TABLE 340 S?BY V?RFT A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
17.2.21 MITSUBISHI SHIPBUILDING CO. LTD.
TABLE 341 MITSUBISHI SHIPBUILDING CO. LTD.: BUSINESS OVERVIEW
TABLE 342 MITSUBISHI SHIPBUILDING CO. LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 343 MITSUBISHI SHIPBUILDING CO. LTD.: DEALS
17.3 OTHER PLAYERS
17.3.1 ECO MARINE POWER CO. LTD.
TABLE 344 ECO MARINE POWER CO. LTD.: COMPANY OVERVIEW
17.3.2 EST FLOATTECH
TABLE 345 EST FLOATTECH: COMPANY OVERVIEW
17.3.3 THE COCHIN SHIPYARD
TABLE 346 THE COCHIN SHIPYARD: COMPANY OVERVIEW
17.3.4 SHIFT
TABLE 347 SHIFT: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
18 APPENDIX
18.1 DISCUSSION GUIDE
18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
18.3 CUSTOMIZATION OPTIONS
18.4 RELATED REPORTS
18.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 MARKETS COVERED
1.2.2 REGIONAL SCOPE
1.2.3 YEARS CONSIDERED
1.3 CURRENCY & PRICING
TABLE 1 USD EXCHANGE RATES, 2019–2021
1.4 LIMITATIONS
1.5 INCLUSIONS & EXCLUSIONS
1.6 MARKET STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 REPORT PROCESS FLOW
FIGURE 2 ELECTRIC SHIPS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.2 RECESSION IMPACT ANALYSIS
2.2.1 DEMAND-SIDE ANALYSIS
FIGURE 3 US: NAVAL DEFENSE BUDGET
FIGURE 4 BREAKDOWN OF US NAVAL DEFENSE BUDGET
2.2.2 SUPPLY-SIDE ANALYSIS
FIGURE 5 QUARTERLY REVENUE OF TOP THREE COMPANIES
2.3 FACTOR ANALYSIS
2.3.1 INTRODUCTION
2.3.2 DEMAND-SIDE INDICATORS
2.3.2.1 Growing maritime tourism industry
2.3.3 SUPPLY-SIDE INDICATORS
2.3.3.1 Advanced batteries for electric ships
2.3.4 KEY PRIMARY DETAILS
TABLE 2 PRIMARY DETAILS
2.4 MARKET SIZE ESTIMATION & METHODOLOGY
2.4.1 BOTTOM-UP APPROACH
2.4.1.1 Regional electric ships market
2.4.1.2 Electric ships: demand-side analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.5 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION: ELECTRIC SHIPS MARKET
2.6 PRICING ANALYSIS
2.7 MARKET SIZING & FORECASTING
TABLE 3 RESEARCH ASSUMPTIONS
2.8 LIMITATIONS
2.9 LIST OF SOURCES
TABLE 4 PUBLICATIONS & ORDER BOOKS OF SHIPYARDS/COMPONENT SUPPLIERS/REGULATORY PUBLICATIONS CONSIDERED FOR MARKET STUDY
TABLE 5 MAGAZINES/PRESS RELEASES/NEWSLETTERS REFERRED TO FOR MARKET STUDY
3 EXECUTIVE SUMMARY
FIGURE 9 HYBRID ELECTRIC SHIPS EXPECTED TO DOMINATE MARKET IN 2022
FIGURE 10 MANNED SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET FROM 2022 TO 2030
FIGURE 11 NEWBUILD & LINE FIT SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD
FIGURE 12 EUROPE TO COMMAND ELECTRIC SHIPS MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SHIPS MARKET, 2022–2030
FIGURE 13 INCREASING NEED TO REDUCE EMISSIONS DRIVES DEMAND FOR ELECTRIC SHIPS
4.2 ELECTRIC SHIPS MARKET, BY PASSENGER SHIP TYPE
FIGURE 14 FERRIES TO LEAD MARKET DURING FORECAST PERIOD
4.3 ELECTRIC SHIPS MARKET, BY RANGE
FIGURE 15 50–100 KM SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD
4.4 ELECTRIC SHIPS MARKET, BY COUNTRY
FIGURE 16 MARKET IN FINLAND PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 ROADMAP OF MARINE ELECTRIFICATION
TABLE 6 MILESTONES IN IMPLEMENTATION PLAN FOR ELECTRIFICATION IN MARINE TRANSPORT (2025-2035-2050)
5.3 MARKET DYNAMICS
FIGURE 17 ELECTRIC SHIPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.3.1 DRIVERS
5.3.1.1 Implementation of IMO Sulphur 2020 regulation
TABLE 7 SULFUR CONTENT REGULATIONS IN BUNKER FUEL
5.3.1.2 Rise in adoption of hybrid and electric propulsion to retrofit ships
5.3.1.3 Increase in seaborne trade across globe
5.3.1.4 Growing maritime tourism industry
FIGURE 18 GLOBAL CRUISE INDUSTRY, BY REGION, 2021
5.3.1.5 Development of lithium-ion batteries
FIGURE 19 MOST COMMON LITHIUM-ION BATTERIES WITH KEY FEATURES
TABLE 8 CURRENT BATTERY CAPACITY AND REQUIREMENTS OF SHIPS
5.3.1.6 Need for reduction in carbon emissions
5.3.1.7 Reduction in overall operating costs of ships
5.3.2 RESTRAINTS
5.3.2.1 Long downtime in retrofitting ships
5.3.2.2 Limited range and capacity of fully electric ships
5.3.3 OPPORTUNITIES
5.3.3.1 Potential of high-powered batteries
FIGURE 20 RELATIVE FEASIBILITY OF DIFFERENT ENERGY STORAGE TECHNOLOGIES
5.3.3.2 Potential for battery charging via renewable sources of energy
5.3.3.3 Hybrid propulsion technology for large ships
5.3.4 CHALLENGES
5.3.4.1 Inadequate charging infrastructure
5.3.4.2 High initial capital expenditure
5.4 PRICING ANALYSIS
TABLE 9 CASE 1: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 10 CASE 2: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 11 CASE 3: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK
TABLE 12 AVERAGE SELLING PRICE OF ELECTRIC SHIPPING HARDWARE (USD MILLION)
5.5 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS: ELECTRIC SHIPS MARKET
5.6 MARKET ECOSYSTEM MAP
FIGURE 22 ELECTRIC SHIPS MARKET: ECOSYSTEM MAP
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ELECTRIC SHIPS MARKET
FIGURE 23 REVENUE SHIFT IN ELECTRIC SHIPS MARKET
5.8 PORTER'S FIVE FORCES ANALYSIS
FIGURE 24 PORTER'S FIVE FORCES ANALYSIS OF ELECTRIC SHIPS MARKET
TABLE 13 PORTER'S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWERS OF SUPPLIERS
5.8.4 BARGAINING POWERS OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 TRADE ANALYSIS: IMPORT/EXPORT DATA
5.9.1 INTERNATIONAL MARITIME TRADE DATA, 2010–2019
FIGURE 25 DEVELOPMENT OF INTERNATIONAL MARITIME TRADE (2010–2019)
5.9.2 WORLD SEABORNE TRADE, 2015–2019
TABLE 14 WORLD SEABORNE TRADE, 2015–2019
5.10 RECESSION IMPACT ANALYSIS
FIGURE 26 RECESSION IMPACT ANALYSIS
5.11 CASE STUDY ANALYSIS
5.11.1 USE CASE: AURIGA LEADER
5.11.2 USE CASE: YARA BIRKELAND
5.11.3 USE CASE: CHANGJIANG SAN XIA 1
5.11.4 USE CASE: ELLEN
5.11.5 USE CASE: FUTURE OF THE FJORDS
5.12 TARIFF AND REGULATORY LANDSCAPE
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS (%)
5.13.2 BUYING CRITERIA
FIGURE 28 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS
TABLE 16 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS
5.14 KEY CONFERENCES AND EVENTS, 2023
TABLE 17 ELECTRIC SHIPS MARKET: CONFERENCES AND EVENTS IN 2023
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY
FIGURE 29 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY
6.3 PHASING OF MARINE PROPULSION TECHNOLOGIES
FIGURE 30 POTENTIAL PHASING OF DIFFERENT PROPULSION TECHNOLOGIES IN MARINE INDUSTRY
6.4 EMERGING TRENDS
FIGURE 31 EMERGING TRENDS
6.4.1 ELECTRIFICATION OF LEISURE BOATS
6.4.2 POTENTIAL OF HYBRID TECHNOLOGY
6.4.3 SOLAR SAILS
6.4.4 ADVANCED BATTERIES FOR ELECTRIC SHIPS
6.4.5 HYDROGEN AS ZERO-EMISSION FUEL
6.4.6 BATTERY-POWERED NAVAL VESSELS
6.4.7 NEXT-GENERATION SOLID-STATE BATTERY TECHNOLOGY
6.4.7.1 Summary of commercial batteries
6.5 SUPPLY CHAIN ANALYSIS
FIGURE 32 ELECTRIC SHIPS: SUPPLY CHAIN
6.6 ELECTRIC SHIPS MARKET: KEY PATENTS
7 ELECTRIC SHIPS MARKET, BY SHIP TYPE
7.1 INTRODUCTION
FIGURE 33 COMMERCIAL SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 18 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 19 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2 COMMERCIAL
TABLE 20 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 21 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.1 PASSENGER VESSELS
TABLE 22 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 23 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 24 ELECTRIC PASSENGER VESSELS VOLUME (UNITS)
TABLE 25 ELECTRIC CARGO VESSELS VOLUME (UNITS)
TABLE 26 OTHER COMMERCIAL ELECTRIC VESSELS VOLUME (UNITS)
7.2.1.1 Yachts
7.2.1.1.1 Solar power used to charge batteries of fully electric yachts
7.2.1.2 Ferries
7.2.1.2.1 High adoption in North America and Europe due to changing environmental regulations
7.2.1.3 Cruise ships
7.2.1.3.1 Adoption of hybrid-electric propulsion technology likely to increase in coming years
7.2.1.4 Motorboats
7.2.1.4.1 Rising demand for electric motorboats in Europe
7.2.2 CARGO VESSELS
TABLE 27 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 28 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.2.1 Container vessels
7.2.2.1.1 First to adopt full electric setup due to smaller size
7.2.2.2 Bulk carriers
7.2.2.2.1 Retrofit demand in bulk carriers to increase in coming years
7.2.2.3 Tankers
7.2.2.3.1 Increasing developments underway to equip tankers with lithium-ion batteries
7.2.2.4 General cargo ships
7.2.2.4.1 High potential of retrofit market for general cargo ships
7.2.3 OTHERS
TABLE 29 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 30 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.2.3.1 Fishing vessels
7.2.3.1.1 Rising adoption of electric propulsion in fishing vessels
7.2.3.2 Dredgers
7.2.3.2.1 Negligible market for dredgers with fully electric propulsion system
7.2.3.3 Tugs & workboats
7.2.3.3.1 Account for major share of global ship fleet
7.2.3.4 Research vessels
7.2.3.4.1 Market for retrofitting research vessels larger than newbuilds
7.2.3.5 Submarines
7.2.3.5.1 Useful for underwater exploration due to minimal vibration from motor
7.3 DEFENSE
TABLE 31 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 32 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
7.3.1 DESTROYERS
7.3.1.1 Defense forces of US, UK, and India to focus on integration of electric propulsive destroyers
7.3.2 FRIGATES
7.3.2.1 Electric and hybrid propulsion used in frigates either directly or along with diesel engine
7.3.3 CORVETTES
7.3.3.1 South Korea key market for corvettes with all-electric propulsion
7.3.4 OFFSHORE SUPPORT VESSELS
7.3.4.1 Adoption of hybrid propulsion technology for OSVs to increase during forecast period
7.3.5 AIRCRAFT CARRIERS
7.3.5.1 Indian Navy states possibility of using aircraft carrier with hybrid propulsion
7.3.6 SUBMARINES
7.3.6.1 US, France, and India — currently using or developing electric propulsion systems
8 ELECTRIC SHIPS MARKET, BY TYPE
8.1 INTRODUCTION
FIGURE 34 FULLY ELECTRIC SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 33 ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 34 ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 35 CRUISE SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 36 YACHTS MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 37 FERRY MARKET VOLUME, BY POWER SOURCE (UNITS)
TABLE 38 COMMERCIAL SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS)
8.2 FULLY ELECTRIC
TABLE 39 GLOBAL ELECTRIC SHIP PROJECTS
TABLE 40 LIST OF FULLY ELECTRIC SHIPS
FIGURE 35 NUMBER OF FULLY ELECTRIC SHIPS, BY COUNTRY, 2019
TABLE 41 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 42 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
8.2.1 BATTERY
8.2.1.1 Lithium battery
8.2.1.1.1 Major power source for hybrid and fully electric vessels
8.2.1.2 Lead acid battery
8.2.1.2.1 Wide range of applications in marine sector
8.2.2 ELECTRO-SOLAR
8.2.2.1 Involves use of renewable energy to recharge batteries in ships
8.2.3 FUEL CELLS
8.2.3.1 Alternative to lithium-ion and lead acid batteries
TABLE 43 ONGOING FUEL CELL PROJECTS IN SHIPPING INDUSTRY
8.3 HYBRID
FIGURE 36 EXPERT VIEWS ON HYBRID TECHNOLOGY
TABLE 44 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 45 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
8.3.1 DIESEL & BATTERY
8.3.1.1 Significant advancements to encourage adoption of hybrid-electric propulsion in large cruise ships
8.3.2 LPG/LNG & BATTERY
8.3.2.1 LPG/LNG engines use electric propulsion motors to power ships
9 ELECTRIC SHIPS MARKET, BY END USE
9.1 INTRODUCTION
FIGURE 37 NEWBUILD & LINE FIT SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD
TABLE 46 ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 47 ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
9.2 NEWBUILD & LINE FIT
9.2.1 HIGH DEMAND FOR FULLY ELECTRIC FERRIES IN EUROPE
9.3 RETROFIT
9.3.1 INCREASE IN RETROFITTING TO INCREASE EFFICIENCY AND EXTEND DURABILITY OF VESSELS
10 ELECTRIC SHIPS MARKET, BY POWER
10.1 INTRODUCTION
FIGURE 38 75–150 KW SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 48 ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 49 ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
10.2 <75 KW
10.2.1 DEMAND FOR FULLY ELECTRIC YACHTS IN EUROPE TO DRIVE MARKET
10.3 75–150 KW
10.3.1 USE OF FULLY ELECTRIC FERRIES FOR TRANSPORT TO BOOST MARKET
10.4 151–745 KW
10.4.1 CARGO VESSELS WITH 151–745 KW POWER RANGE TO PRESENT LARGE RETROFIT MARKET
10.5 746–7,560 KW
10.5.1 INCREASED DEVELOPMENT OF HYBRID PROPULSION IN 746–7560 KW SEGMENT
10.6 >7,560 KW
10.6.1 ADOPTION OF HYBRID-ELECTRIC PROPULSION SYSTEMS CHALLENGING IN SHIPS WITH HIGH POWER CAPACITY
11 ELECTRIC SHIPS MARKET, BY TONNAGE
11.1 INTRODUCTION
FIGURE 39 <500 DWT SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET DURING FORECAST PERIOD
TABLE 50 ELECTRIC SHIPS MARKET, BY TONNAGE, 2018–2021 (USD MILLION)
TABLE 51 ELECTRIC SHIPS MARKET, BY TONNAGE, 2022–2030 (USD MILLION)
11.2 <500 DWT
11.2.1 RISE IN DEMAND FOR PUBLIC TRANSPORT VESSELS TO DRIVE MARKET
11.3 500–5,000 DWT
11.3.1 INCREASING MARINE TRADE ACROSS VARIOUS INDUSTRIES TO BOOST MARKET
11.4 5,001–15,000 DWT
11.4.1 INCREASING CROSS-COUNTRY TRADE BY CARGO VESSELS TO DRIVE DEMAND
11.5 >15,000 DWT
11.5.1 GROWING DEFENSE MARINE INDUSTRY TO FUEL MARKET
12 ELECTRIC SHIPS MARKET, BY SYSTEM
12.1 INTRODUCTION
FIGURE 40 POWER CONVERSION SEGMENT TO GROW FASTEST DURING FORECAST PERIOD
TABLE 52 ELECTRIC SHIPS MARKET, BY SYSTEM, 2018–2021 (USD MILLION)
TABLE 53 ELECTRIC SHIPS MARKET, BY SYSTEM, 2022–2030 (USD MILLION)
12.2 ENERGY STORAGE SYSTEMS
FIGURE 41 TYPES OF ENERGY STORAGE SYSTEMS
FIGURE 42 FLYWHEEL, SMES, AND ULTRA-CAPACITORS: EFFICIENT FOR USE IN SHIPPING INDUSTRY
TABLE 54 COMPARISON OF PRINCIPAL ENERGY STORAGE SYSTEMS
12.2.1 <1,000 KW
12.2.1.1 <1,000 kW energy storage systems majorly required by small ships
12.2.2 1,001–5,000 KW
12.2.2.1 Tourism to drive 1,001–5,000-kW segment for Ro-Ro and sightseeing boats
12.2.3 >5,000 KW
12.2.3.1 >5,000 kW power used by large ships
12.3 POWER CONVERSION
12.4 POWER GENERATION
TABLE 55 ELECTRIC PROPULSION SHIP (8,444G/T, CEMENT CARRYING VESSEL) AND EXISTING SHIP: COMPARISON
12.4.1 GENERATORS
12.4.1.1 Rise in demand for electric propulsion to increase demand for generators
12.4.2 ENGINES
12.4.2.1 Hybrid propulsion to boost demand for engines
12.4.3 PROPULSION MOTORS
12.4.3.1 Retrofitting to fuel demand for propulsion motors
12.5 POWER DISTRIBUTION
13 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION
13.1 INTRODUCTION
FIGURE 43 MANNED SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
TABLE 56 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 57 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
13.2 MANNED
13.2.1 RETROFITTING DIESEL-DRIVEN SHIPS WITH ELECTRIC AND HYBRID PROPULSION TO DRIVE SEGMENT
13.3 REMOTELY OPERATED
13.3.1 INCREASING INVESTMENTS IN REMOTELY OPERATED SHIPS TO BOOST SEGMENT
13.4 AUTONOMOUS
13.4.1 INCREASING INVESTMENTS DRIVE MARKET FOR AUTONOMOUS ELECTRIC SHIPS
FIGURE 44 VIEWS ON AUTONOMY IN ELECTRIC SHIPS BY INDUSTRY EXPERTS
14 ELECTRIC SHIPS MARKET, BY RANGE
14.1 INTRODUCTION
FIGURE 45 50–100 KM SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 58 ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 59 ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
14.2 <50 KM
14.2.1 ADOPTION OF FULLY ELECTRIC PASSENGER FERRIES AND TUGS TO DRIVE SEGMENT
14.3 50–100 KM
14.3.1 DEMAND FOR FULLY ELECTRIC INLAND CONTAINER SHIPS TO FUEL MARKET
14.4 100–1,000 KM
14.4.1 INCREASED DEMAND FOR RETROFITTING CARGO VESSELS TO FUEL SEGMENT
14.5 >1,000 KM
14.5.1 HIGH DEMAND FOR LONG-DISTANCE CARGO VESSELS TO BOOST MARKET
15 REGIONAL ANALYSIS
15.1 INTRODUCTION
FIGURE 46 EUROPE ESTIMATED TO HOLD LARGEST SHARE OF ELECTRIC SHIPS MARKET IN 2022
15.1.1 REGIONAL RECESSION IMPACT ANALYSIS
FIGURE 47 NAVAL BUDGET TREND, BY REGION (2019–2022)
TABLE 60 REGIONAL RECESSION IMPACT ANALYSIS
TABLE 61 ELECTRIC SHIPS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 62 ELECTRIC SHIPS MARKET, BY REGION, 2022–2030 (USD MILLION)
15.2 NORTH AMERICA
15.2.1 PESTLE ANALYSIS: NORTH AMERICA
FIGURE 48 NORTH AMERICA: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 63 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 64 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 65 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 66 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 67 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 68 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 69 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 70 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 71 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 72 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 73 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 74 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 75 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 76 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 77 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 78 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 79 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 80 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 81 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 82 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 83 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 84 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 85 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 86 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 87 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 88 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.2.2 US
15.2.2.1 High demand for luxury sailing to increase adoption of electric boats
TABLE 89 US: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 90 US: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 91 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 92 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 93 US: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 94 US: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.2.3 CANADA
15.2.3.1 Strategic government decision to develop indigenous marine industry
TABLE 95 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 96 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 97 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 98 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 99 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 100 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3 EUROPE
15.3.1 PESTLE ANALYSIS: EUROPE
FIGURE 49 EUROPE: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 101 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 102 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 103 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 104 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 105 EUROPE: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 106 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 107 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 108 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 109 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 110 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 111 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 112 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 113 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 114 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 115 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 116 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 117 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 118 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 119 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 120 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 121 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 122 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 123 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 124 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 125 EUROPE: ELECTRIC SHIPS MARKET, BY POWER 2018–2021 (USD MILLION)
TABLE 126 EUROPE: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.3.2 NORWAY
15.3.2.1 Implementation of IMO rule to drive adoption of hybrid or electric propulsion
FIGURE 50 CO2 EMISSIONS FROM DOMESTIC SHIPPING IN NORWAY
TABLE 127 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 128 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 129 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 130 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 131 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 132 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.3 GREECE
15.3.3.1 Stringent IMO 2020 rule to drive demand for electric ships
TABLE 133 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 134 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 135 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 136 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 137 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 138 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.4 NETHERLANDS
15.3.4.1 Push toward using zero-emission ships to reduce costs and improve efficiency
TABLE 139 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 140 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 141 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 142 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 143 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 144 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.5 FINLAND
15.3.5.1 Major focus on green marine technologies
TABLE 145 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 146 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 147 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 148 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 149 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 150 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.6 GERMANY
15.3.6.1 Upgrades of ship equipment to boost demand for electric ships
TABLE 151 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 152 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 153 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 154 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 155 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 156 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.7 DENMARK
15.3.7.1 Presence of stringent environmental regulations
TABLE 157 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 158 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 159 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 160 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 161 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 162 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.3.8 REST OF EUROPE
TABLE 163 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 164 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 165 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 166 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 167 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 168 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4 ASIA PACIFIC
15.4.1 PESTLE ANALYSIS: ASIA PACIFIC
FIGURE 51 ASIA PACIFIC: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 169 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 170 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)
TABLE 171 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 172 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 173 ASIA PACIFIC: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 174 ASIA PACIFIC: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 175 ASIA PACIFIC: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 176 ASIA PACIFIC: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 177 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 178 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 179 ASIA PACIFIC: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 180 ASIA PACIFIC: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 181 ASIA PACIFIC: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 182 ASIA PACIFIC: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 183 ASIA PACIFIC: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 184 ASIA PACIFIC: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 185 ASIA PACIFIC: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 186 ASIA PACIFIC: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 187 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 188 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 189 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 190 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2021–2030 (USD MILLION)
TABLE 191 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 192 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 193 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 194 ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.4.2 CHINA
15.4.2.1 Presence of several shipbuilding companies
TABLE 195 CHINA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 196 CHINA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 197 CHINA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 198 CHINA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 199 CHINA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 200 CHINA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.3 SOUTH KOREA
15.4.3.1 Adoption of fuel cells for development of ships and hydrogen economy
TABLE 201 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 202 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 203 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 204 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 205 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 206 SOUTH KOREA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.4 JAPAN
15.4.4.1 Focus on reduction of greenhouse gas emissions from international shipping
TABLE 207 JAPAN: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 208 JAPAN: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 209 JAPAN: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2020 (USD MILLION)
TABLE 210 JAPAN: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 211 JAPAN: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 212 JAPAN: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.5 NEW ZEALAND
15.4.5.1 Increased focus on shift from diesel-driven ships to electric ships to reduce operational costs
TABLE 213 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 214 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 215 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 216 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 217 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 218 NEW ZEALAND: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.6 INDIA
15.4.6.1 Significant retrofit potential for navy ships
TABLE 219 INDIA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 220 INDIA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 221 INDIA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 222 INDIA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 223 INDIA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 224 INDIA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.4.7 REST OF ASIA PACIFIC
15.4.7.1 Increasing development of electric passenger ferries
TABLE 225 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 226 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 227 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 228 REST OF APAC: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 229 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 230 REST OF ASIA PACIFIC: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.5 REST OF THE WORLD
15.5.1 PESTLE ANALYSIS: REST OF THE WORLD
FIGURE 52 REST OF THE WORLD: ELECTRIC SHIPS MARKET SNAPSHOT
TABLE 231 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 232 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY REGION, 2022–2030 (USD MILLION)
TABLE 233 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 234 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 235 REST OF THE WORLD: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 236 REST OF THE WORLD: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 237 REST OF THE WORLD: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 238 REST OF THE WORLD: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 239 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 240 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 241 REST OF THE WORLD: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 242 REST OF THE WORLD: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 243 REST OF THE WORLD: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 244 REST OF THE WORLD: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 245 REST OF THE WORLD: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 246 REST OF THE WORLD: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 247 REST OF THE WORLD: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 248 REST OF THE WORLD: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 249 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
TABLE 250 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION)
TABLE 251 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 252 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
TABLE 253 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION)
TABLE 254 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION)
TABLE 255 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION)
TABLE 256 REST OF THE WORLD: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION)
15.5.2 LATIN AMERICA
15.5.2.1 Large fleet size of ships to encourage adoption of hybrid propulsion
TABLE 257 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 258 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 259 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 260 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 261 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 262 LATIN AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
15.5.3 MIDDLE EAST & AFRICA
15.5.3.1 Retrofitting of existing fleet of ships to boost market
TABLE 263 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 264 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION)
TABLE 265 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION)
TABLE 266 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION)
TABLE 267 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION)
TABLE 268 MIDDLE EAST & AFRICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION)
16 COMPETITIVE LANDSCAPE
16.1 INTRODUCTION
16.2 RANKING OF LEADING PLAYERS, 2022
FIGURE 53 RANKING OF LEADING PLAYERS IN ELECTRIC SHIPS MARKET, 2022
16.3 MARKET SHARE ANALYSIS OF LEADING PLAYERS, 2022
FIGURE 54 ELECTRIC SHIPS MARKET: SHARE OF LEADING BATTERY SUPPLIERS, 2022
FIGURE 55 ELECTRIC SHIPS MARKET: SHARE OF LEADING SYSTEM INTEGRATORS, 2022
FIGURE 56 ELECTRIC SHIPS MARKET SHARE, BY AREA OF OPERATION, 2022
FIGURE 57 ELECTRIC SHIPS MARKET SHARE, BY BATTERY APPLICATION, 2022
FIGURE 58 ELECTRIC SHIPS MARKET SHARE, BY MODE OF OPERATION
16.4 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS, 2022
FIGURE 59 REVENUE ANALYSIS OF LEADING PLAYERS IN ELECTRIC SHIPS MARKET, 2022
16.5 COMPETITIVE OVERVIEW
TABLE 269 KEY DEVELOPMENTS BY LEADING PLAYERS IN ELECTRIC SHIPS MARKET BETWEEN 2018 AND 2023
16.6 COMPANY PRODUCT FOOTPRINT ANALYSIS
TABLE 270 COMPANY PRODUCT FOOTPRINT
TABLE 271 COMPANY TYPE FOOTPRINT
TABLE 272 COMPANY SHIP TYPE FOOTPRINT
TABLE 273 COMPANY REGION FOOTPRINT
16.7 COMPANY EVALUATION QUADRANT
16.7.1 STARS
16.7.2 EMERGING LEADERS
16.7.3 PERVASIVE PLAYERS
16.7.4 PARTICIPANTS
FIGURE 60 ELECTRIC SHIPS MARKET COMPETITIVE LEADERSHIP MAPPING, 2022
16.8 STARTUPS/SME EVALUATION QUADRANT
16.8.1 PROGRESSIVE COMPANIES
16.8.2 RESPONSIVE COMPANIES
16.8.3 DYNAMIC COMPANIES
16.8.4 STARTING BLOCKS
FIGURE 61 ELECTRIC SHIPS MARKET: STARTUPS/SME COMPETITIVE LEADERSHIP MAPPING, 2022
16.9 COMPETITIVE BENCHMARKING
TABLE 274 ELECTRIC SHIP MARKET: KEY STARTUPS/SMES
16.10 COMPETITIVE SCENARIO
16.10.1 DEALS
TABLE 275 DEALS, 2018–2023
16.10.2 PRODUCT LAUNCHES
TABLE 276 PRODUCT LAUNCHES, 2018–2023
16.10.3 OTHERS
TABLE 277 OTHERS, 2018–2023
17 COMPANY PROFILES
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
17.1 INTRODUCTION
17.2 KEY PLAYERS
17.2.1 ABB
TABLE 278 ABB: BUSINESS OVERVIEW
FIGURE 62 ABB: COMPANY SNAPSHOT
TABLE 279 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 280 ABB: DEALS
17.2.2 W?RTSIL?
TABLE 281 W?RTSIL?: BUSINESS OVERVIEW
FIGURE 63 W?RTSIL?: COMPANY SNAPSHOT
TABLE 282 W?RTSIL?: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 283 W?RTSIL?: DEALS
TABLE 284 W?RTSIL?: PRODUCT LAUNCHES
17.2.3 KONGSBERG GRUPPEN
TABLE 285 KONGSBERG GRUPPEN: BUSINESS OVERVIEW
FIGURE 64 KONGSBERG GRUPPEN: COMPANY SNAPSHOT
TABLE 286 KONGSBERG GRUPPEN: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 287 KONGSBERG GRUPPEN: DEALS
17.2.4 GENERAL ELECTRIC COMPANY
TABLE 288 GENERAL ELECTRIC COMPANY: BUSINESS OVERVIEW
FIGURE 65 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
TABLE 289 GENERAL ELECTRIC COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 290 GENERAL ELECTRIC COMPANY: DEALS
17.2.5 VARD (FINCANTIERI)
TABLE 291 VARD (FINCANTIERI): BUSINESS OVERVIEW
TABLE 292 VARD (FINCANTIERI): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 293 VARD (FINCANTIERI): DEALS
17.2.6 SIEMENS
TABLE 294 SIEMENS: BUSINESS OVERVIEW
FIGURE 66 SIEMENS: COMPANY SNAPSHOT
TABLE 295 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 296 SIEMENS: DEALS
17.2.7 LECLANCH? SA
TABLE 297 LECLANCH? SA: BUSINESS OVERVIEW
FIGURE 67 LECLANCH? SA: COMPANY SNAPSHOT
TABLE 298 LECLANCH? SA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 299 LECLANCH? SA: DEALS
TABLE 300 LECLANCH? SA: PRODUCT LAUNCHES
17.2.8 BAE SYSTEMS
TABLE 301 BAE SYSTEMS: BUSINESS OVERVIEW
FIGURE 68 BAE SYSTEMS: COMPANY SNAPSHOT
TABLE 302 BAE SYSTEMS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 303 BAE SYSTEMS: DEALS
17.2.9 SAFT
TABLE 304 SAFT: BUSINESS OVERVIEW
FIGURE 69 SAFT: COMPANY SNAPSHOT
TABLE 305 SAFT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 306 SAFT: DEALS
17.2.10 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA)
TABLE 307 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): BUSINESS OVERVIEW
TABLE 308 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 309 NORWEGIAN ELECTRIC SYSTEMS AS (HAVYARD GROUP ASA): DEALS
17.2.11 MAN ENERGY SOLUTIONS SE (TRATON GROUP)
TABLE 310 MAN ENERGY SOLUTIONS SE (TRATON GROUP): BUSINESS OVERVIEW
TABLE 311 MAN ENERGY SOLUTIONS SE (TRATON GROUP): PRODUCTS & SERVICES OFFERED
TABLE 312 MAN ENERGY SOLUTIONS SE (TRATON GROUP): DEALS
17.2.12 CORVUS ENERGY
TABLE 313 CORVUS ENERGY: BUSINESS OVERVIEW
TABLE 314 CORVUS ENERGY: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 315 CORVUS ENERGY: DEALS
TABLE 316 CORVUS ENERGY: OTHERS
17.2.13 ECHANDIA MARINE AB
TABLE 317 ECHANDIA MARINE AB: BUSINESS OVERVIEW
TABLE 318 ECHANDIA MARINE AB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 319 ECHANDIA MARINE AB: DEALS
17.2.14 GENERAL DYNAMICS ELECTRIC BOAT
TABLE 320 GENERAL DYNAMICS ELECTRIC BOAT: BUSINESS OVERVIEW
TABLE 321 GENERAL DYNAMICS ELECTRIC BOAT: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 322 GENERAL DYNAMICS ELECTRIC BOAT: DEALS
17.2.15 ANGLO BELGIAN CORPORATION (ABC) NV
TABLE 323 ANGLO BELGIAN CORPORATION (ABC) NV: BUSINESS OVERVIEW
TABLE 324 ANGLO BELGIAN CORPORATION (ABC) NV: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 325 ANGLO BELGIAN CORPORATION (ABC) NV: DEALS
17.2.16 SCHOTTEL GMBH
TABLE 326 SCHOTTEL GMBH: BUSINESS OVERVIEW
TABLE 327 SCHOTTEL GMBH: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 328 SCHOTTEL GMBH: DEALS
17.2.17 VISEDO (DANFOSS)
TABLE 329 VISEDO (DANFOSS): BUSINESS OVERVIEW
TABLE 330 VISEDO (DANFOSS): PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 331 VISEDO (DANFOSS): DEALS
17.2.18 BORGWARNER
TABLE 332 BORGWARNER: BUSINESS OVERVIEW
TABLE 333 BORGWARNER: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 334 BORGWARNER: DEALS
17.2.19 FJELLSTRAND
TABLE 335 FJELLSTRAND: BUSINESS OVERVIEW
TABLE 336 FJELLSTRAND: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 337 FJELLSTRAND: PRODUCT LAUNCHES
TABLE 338 FJELLSTRAND: DEALS
17.2.20 S?BY V?RFT A/S
TABLE 339 S?BY V?RFT A/S: BUSINESS OVERVIEW
TABLE 340 S?BY V?RFT A/S: PRODUCTS/SERVICES/SOLUTIONS OFFERED
17.2.21 MITSUBISHI SHIPBUILDING CO. LTD.
TABLE 341 MITSUBISHI SHIPBUILDING CO. LTD.: BUSINESS OVERVIEW
TABLE 342 MITSUBISHI SHIPBUILDING CO. LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED
TABLE 343 MITSUBISHI SHIPBUILDING CO. LTD.: DEALS
17.3 OTHER PLAYERS
17.3.1 ECO MARINE POWER CO. LTD.
TABLE 344 ECO MARINE POWER CO. LTD.: COMPANY OVERVIEW
17.3.2 EST FLOATTECH
TABLE 345 EST FLOATTECH: COMPANY OVERVIEW
17.3.3 THE COCHIN SHIPYARD
TABLE 346 THE COCHIN SHIPYARD: COMPANY OVERVIEW
17.3.4 SHIFT
TABLE 347 SHIFT: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
18 APPENDIX
18.1 DISCUSSION GUIDE
18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
18.3 CUSTOMIZATION OPTIONS
18.4 RELATED REPORTS
18.5 AUTHOR DETAILS
