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Global Marine Battery Market Size study, by sales channel (OEM, Aftermarket ), by propulsion type ( Fully Electric, Hybrid, Conventional), by application (Commercial, Defense), by battery type (Lead-acid, Lithium, Fuel Cell ) and Regional Forecasts 2020-2027

July 2020 | 200 pages | ID: G81D535C50DFEN
Bizwit Research & Consulting LLP

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Global Marine Battery Market is valued approximately USD 178 million in 2019 and is anticipated to grow with a healthy growth rate of more than 21.6 % over the forecast period 2020-2027.
Batteries used for marine applications must endure extreme vibrations and pressures, and so the marine batteries are specially designed to operate in the extreme conditions. In comparison to a general starter battery, the marine battery is designed to store and release power for a much longer period of time. The marine battery is used to back up the safety equipment and to power the trolling motor, as well as various other electronic components and systems. Growth in seaborne trade globally along with increasing marine tourism industry are prominent factors towards market growth. Also, rising environmental regulations on air and water pollution, manufacturers are focusing on acquiring new technologies to reduce emissions while increasing performance of marine batteries. The key players of global marine battery market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, Akasol AG announced plans to open a manufacturing facility in the US in June 2019. This project is in response to demand from major foreign manufacturers for the company's high energy battery modules. Similarly, in 2019, EST-Floattech obtained a contract from Netherlands based Bijlsma Wartena to provide 1,050 Green Orca batteries with an energy capacity of more than 2,5 MWh of Lithium-ion Polymer NMC battery fuel. This contract is likely to help enhance the company 's position on the marine battery market. However, limited range and capacity of fully electric ships impedes the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Marine Battery market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing demand for powerboats for leisure activities in the region. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing investments in the electrification of ships and the restructuring efforts undertaken by ship manufacturing companies would create lucrative growth prospects for the Marine Battery market across Europe region.

Major market player included in this report are:
Toshiba Corporation
Corvus Energy
Akasol AG
EST-Floattech
Siemens AG
Spear Power Systems (US)
Echandia MarineAB
Sterling PBES Energy Solutions
The Furukawa Battery Co.Ltd
Lithium Werks B.V

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By sales channel:
OEM
Aftermarket
By propulsion type:
Fully Electric
Hybrid
Conventional
By application
Commercial
Defense
By battery type
Lead-acid
Lithium
Fuel Cell
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Marine Battery Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
  1.2.1. Marine Battery Market, by Region, 2018-2027 (USD Million)
  1.2.2. Marine Battery Market, by Battery Type, 2018-2027 (USD Million)
  1.2.3. Marine Battery Market, by Propulsion Type, 2018-2027 (USD Million)
  1.2.4. Marine Battery Market, by Sales Channel, 2018-2027 (USD Million)
  1.2.5. Marine Battery Market, by Application, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MARINE BATTERY MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MARINE BATTERY MARKET DYNAMICS

3.1. Marine Battery Market Impact Analysis (2018-2027)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL MARINE BATTERY MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Sales Channell
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Sales Channell (2017-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Sales Channell
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MARINE BATTERY MARKET, BY BATTERY TYPE

5.1. Market Snapshot
5.2. Global Marine Battery Market by Battery Type, Performance - Potential Analysis
5.3. Global Marine Battery Market Estimates & Forecasts by Battery Type 2017-2027 (USD Million)
5.4. Marine Battery Market, Sub Segment Analysis
  5.4.1. Lead-acid
  5.4.2. Lithium
  5.4.3. Fuel Cell

CHAPTER 6. GLOBAL MARINE BATTERY MARKET, BY PROPULSION TYPE

6.1. Market Snapshot
6.2. Global Marine Battery Market by Propulsion Type, Performance - Potential Analysis
6.3. Global Marine Battery Market Estimates & Forecasts by Propulsion Type 2017-2027 (USD Million)
6.4. Marine Battery Market, Sub Segment Analysis
  6.4.1. Fully Electric
  6.4.2. Hybrid
  6.4.3. Conventional

CHAPTER 7. GLOBAL MARINE BATTERY MARKET, BY SALES CHANNEL

7.1. Market Snapshot
7.2. Global Marine Battery Market by Propulsion Type, Performance - Potential Analysis
7.3. Global Marine Battery Market Estimates & Forecasts by Sales Channel 2017-2027 (USD Million)
7.4. Marine Battery Market, Sub Segment Analysis
  7.4.1. OEM
  7.4.2. Aftermarket

CHAPTER 8. GLOBAL MARINE BATTERY MARKET, BY APPLICATION

8.1. Market Snapshot
8.2. Global Marine Battery Market by Propulsion Type, Performance - Potential Analysis
8.3. Global Marine Battery Market Estimates & Forecasts by application 2017-2027 (USD Million)
8.4. Marine Battery Market, Sub Segment Analysis
  8.4.1. Commercial
  8.4.2. Defense

CHAPTER 9. GLOBAL MARINE BATTERY MARKET, REGIONAL ANALYSIS

9.1. Marine Battery Market, Regional Market Snapshot
9.2. North America Marine Battery Market
  9.2.1. U.S. Marine Battery Market
    9.2.1.1. Battery Type breakdown estimates & forecasts, 2017-2027
    9.2.1.2. Propulsion Type breakdown estimates & forecasts, 2017-2027
    9.2.1.3. Sales Channel breakdown estimates & forecasts, 2017-2027
    9.2.1.4. Application breakdown estimates & forecasts, 2017-2027
  9.2.2. Canada Marine Battery Market
9.3. Europe Marine Battery Market Snapshot
  9.3.1. U.K. Marine Battery Market
  9.3.2. Germany Marine Battery Market
  9.3.3. France Marine Battery Market
  9.3.4. Spain Marine Battery Market
  9.3.5. Italy Marine Battery Market
  9.3.6. Rest of Europe Marine Battery Market
9.4. Asia-Pacific Marine Battery Market Snapshot
  9.4.1. China Marine Battery Market
  9.4.2. India Marine Battery Market
  9.4.3. Japan Marine Battery Market
  9.4.4. Australia Marine Battery Market
  9.4.5. South Korea Marine Battery Market
  9.4.6. Rest of Asia Pacific Marine Battery Market
9.5. Latin America Marine Battery Market Snapshot
  9.5.1. Brazil Marine Battery Market
  9.5.2. Mexico Marine Battery Market
9.6. Rest of The World Marine Battery Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Toshiba Corporation
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Corvus Energy
  10.2.3. Akasol AG
  10.2.4. EST-Floattech
  10.2.5. Siemens AG
  10.2.6. Spear Power Systems (US)
  10.2.7. Echandia Marine AB
  10.2.8. Sterling PBES Energy Solutions
  10.2.9. The Furukawa Battery Co. Ltd
  10.2.10. Lithium Werks B.V

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Marine Battery market, report scope
TABLE 2. Global Marine Battery market estimates & forecasts by region 2017-2027 (USD Million)
TABLE 3. Global Marine Battery market estimates & forecasts by Battery Type 2017-2027 (USD Million)
TABLE 4. Global Marine Battery market estimates & forecasts by Propulsion Type 2017-2027 (USD Million)
TABLE 5. Global Marine Battery market estimates & forecasts by Sales Channel 2017-2027 (USD Million)
TABLE 6. Global Marine Battery market estimates & forecasts by Application 2017-2027 (USD Million)
TABLE 7. Global Marine Battery market by segment, estimates & forecasts, 2017-2027 (USD Million)
TABLE 8. Global Marine Battery market by region, estimates & forecasts, 2017-2027 (USD Million)
TABLE 9. Global Marine Battery market by segment, estimates & forecasts, 2017-2027 (USD Million)
TABLE 10. Global Marine Battery market by region, estimates & forecasts, 2017-2027 (USD Million)
TABLE 11. Global Marine Battery market by segment, estimates & forecasts, 2017-2027 (USD Million)
TABLE 12. Global Marine Battery market by region, estimates & forecasts, 2017-2027 (USD Million)
TABLE 13. Global Marine Battery market by segment, estimates & forecasts, 2017-2027 (USD Million)
TABLE 14. Global Marine Battery market by region, estimates & forecasts, 2017-2027 (USD Million)
TABLE 15. Global Marine Battery market by segment, estimates & forecasts, 2017-2027 (USD Million)
TABLE 16. Global Marine Battery market by region, estimates & forecasts, 2017-2027 (USD Million)
TABLE 17. U.s. Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 18. U.s. Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 19. U.s. Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 20. Canada Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 21. Canada Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 22. Canada Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 23. UK Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 24. UK Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 25. UK Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 26. Germany Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 27. Germany Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 28. Germany Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 29. ROE Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 30. ROE Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 31. ROE Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 32. China Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 33. China Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 34. China Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 35. India Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 36. India Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 37. India Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 38. Japan Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 39. Japan Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 40. Japan Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 41. ROAPAC Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 42. ROAPAC Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 43. ROAPAC Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 44. Brazil Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 45. Brazil Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 46. Brazil Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 47. Mexico Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 48. Mexico Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 49. Mexico Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 50. ROLA Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 51. ROLA Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 52. ROLA Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 53. Row Marine Battery market estimates & forecasts, 2017-2027 (USD Million)
TABLE 54. Row Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 55. Row Marine Battery market estimates & forecasts by segment 2017-2027 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Marine Battery market
TABLE 57. List of primary sources, used in the study of global Marine Battery market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered


LIST OF FIGURES

FIG 1. Global Marine Battery market, research methodology
FIG 2. Global Marine Battery market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Marine Battery market, key trends 2019
FIG 5. Global Marine Battery market, growth prospects 2020-2027
FIG 6. Global Marine Battery market, porters 5 force Sales Channell
FIG 7. Global Marine Battery market, pest analysis
FIG 8. Global Marine Battery market, value chain analysis
FIG 9. Global Marine Battery market by segment, 2017 & 2027 (USD Million)
FIG 10. Global Marine Battery market by segment, 2017 & 2027 (USD Million)
FIG 11. Global Marine Battery market by segment, 2017 & 2027 (USD Million)
FIG 12. Global Marine Battery market by segment, 2017 & 2027 (USD Million)
FIG 13. Global Marine Battery market by segment, 2017 & 2027 (USD Million)
FIG 14. Global Marine Battery market, regional snapshot 2017 & 2027
FIG 15. North America Marine Battery market 2017 & 2027 (USD Million)
FIG 16. Europe Marine Battery market 2017 & 2027 (USD Million)
FIG 17. Asia pacific Marine Battery market 2017 & 2027 (USD Million)
FIG 18. Latin America Marine Battery market 2017 & 2027 (USD Million)
FIG 19. Global Marine Battery market, company market share analysis (2019)














COMPANIES MENTIONED

Toshiba Corporation
Corvus Energy
Akasol AG
EST-Floattech
Siemens AG
Spear Power Systems (US)
Echandia MarineAB
Sterling PBES Energy Solutions
The Furukawa Battery Co.Ltd
Lithium Werks B.V


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