(MENAFN- PR Newswire) DUBLIN, Nov. 24, 2022 /PRNewswire/ --
The 'electric boat market by propulsion, by battery type, by range, by power, by application: global opportunity analysis and industry forecast, 2021-2031' report has been added to
ResearchAndMarkets.com's offering.
According to the report the electric boat market was valued at $5.0 billion in 2021, and is estimated to reach $16.6 billion by 2031, growing at a CAGR of 12.9% from 2022 to 2031.Electric boats utilize battery power to carry off marine operation. They often utilize renewable energy sources such as wind turbines, solar panels, and towed generators. They utilize marine-grade lead-acid, nickel-based and lithium-ion batteries for enhanced operational efficiency. Electric boats or vessels are generally available in diesel-electric, pure electric, or hybrid variants. In addition, electric boats comprise key components such as electric charger, battery bank, controller, and electric motor.
They operate silently as they do not use internal combustion; are cost-effective; have minimal fuel requirements; and are highly environment friendly. Moreover, these boats are mainly used for recreational purposes and ferrying a small number of passengers. Sometimes these boats are also utilized as rescue vessels to carry out sea operations efficiently.The market is driven by introduction of regulations regarding emission of greenhouse gases, increase in demand for luxury vehicles with greater cabin comfort, and rise in production & sale of automotive. However, rise in demand for electric vehicles is the factor acting as a hindrance in the growth of the global electric boat market. On the contrary, increase in demand for multi-filtration system, and technological advancements are expected to create ample growth opportunities for the global electric boat market.With increase in adoption of electric boats across the globe, need for charging infrastructure is also growing subsequently. Government and private organizations in several countries are working closely to setup electric boat charging infrastructure in their region to support e-mobility.
For instance, Aqua superpower, a UK based company has been rapidly building its network of marine 'superchargers' across the globe. Built to the highest IP65 standards, each station provides AC and DC fast charger with a high output of 150kW, enabling fast recharging of electric boats. Key Benefits
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric boat market analysis from 2021 to 2031 to identify the prevailing electric boat market opportunities. The market research is offered along with information related to key drivers, restraints, and opportunities. Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. In-depth analysis of the electric boat market segmentation assists to determine the prevailing market opportunities. Major countries in each region are mapped according to their revenue contribution to the global market. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players. The report includes the analysis of the regional as well as global electric boat market trends, key players, market segments, application areas, and market growth strategies.
Key Topics Covered:
CHAPTER 1: INTRODUCTION CHAPTER 2: EXECUTIVE SUMMARY CHAPTER 3: MARKET OVERVIEW 3.1.Market definition and scope3.2.Key findings3.2.1.Top investment pockets3.3.Porter's five forces analysis3.4.Top player positioning3.5.Market dynamics3.5.1.Drivers3.5.2.Restraints3.5.3.Opportunities3.6.COVID-19 Impact Analysis on the market CHAPTER 4: ELECTRIC BOAT MARKET, BY PROPULSION 4.1 Overview4.1.1 Market size and forecast4.2 Pure Electric Boats4.2.1 Key market trends, growth factors and opportunities4.2.2 Market size and forecast, by region4.2.3 Market analysis by country4.3 Hybrid Electric Boats4.3.1 Key market trends, growth factors and opportunities4.3.2 Market size and forecast, by region4.3.3 Market analysis by country CHAPTER 5: ELECTRIC BOAT MARKET, BY BATTERY TYPE 5.1 Overview5.1.1 Market size and forecast5.2 Lead-acid Battery5.2.1 Key market trends, growth factors and opportunities5.2.2 Market size and forecast, by region5.2.3 Market analysis by country5.3 Lithium-ion Battery5.3.1 Key market trends, growth factors and opportunities5.3.2 Market size and forecast, by region5.3.3 Market analysis by country5.4 Nickel-based Battery5.4.1 Key market trends, growth factors and opportunities5.4.2 Market size and forecast, by region5.4.3 Market analysis by country CHAPTER 6: ELECTRIC BOAT MARKET, BY RANGE 6.1 Overview6.1.1 Market size and forecast6.2 Less than 50 km6.2.1 Key market trends, growth factors and opportunities6.2.2 Market size and forecast, by region6.2.3 Market analysis by country6.3 50 to 100 km6.3.1 Key market trends, growth factors and opportunities6.3.2 Market size and forecast, by region6.3.3 Market analysis by country6.4 101 to 1,000 km6.4.1 Key market trends, growth factors and opportunities6.4.2 Market size and forecast, by region6.4.3 Market analysis by country6.5 More than 1,000 km6.5.1 Key market trends, growth factors and opportunities6.5.2 Market size and forecast, by region6.5.3 Market analysis by country CHAPTER 7: ELECTRIC BOAT MARKET, BY POWER 7.1 Overview7.1.1 Market size and forecast7.2 Below 5 KW7.2.1 Key market trends, growth factors and opportunities7.2.2 Market size and forecast, by region7.2.3 Market analysis by country7.3 Between 5 KW to 30 KW7.3.1 Key market trends, growth factors and opportunities7.3.2 Market size and forecast, by region7.3.3 Market analysis by country7.4 Above 30 KW7.4.1 Key market trends, growth factors and opportunities7.4.2 Market size and forecast, by region7.4.3 Market analysis by country CHAPTER 8: ELECTRIC BOAT MARKET, BY APPLICATION 8.1 Overview8.1.1 Market size and forecast8.2 Passenger Boats8.2.1 Key market trends, growth factors and opportunities8.2.2 Market size and forecast, by region8.2.3 Market analysis by country8.3 Cargo Boats8.3.1 Key market trends, growth factors and opportunities8.3.2 Market size and forecast, by region8.3.3 Market analysis by country8.4 Others8.4.1 Key market trends, growth factors and opportunities8.4.2 Market size and forecast, by region8.4.3 Market analysis by country CHAPTER 9: ELECTRIC BOAT MARKET, BY REGION CHAPTER 10: COMPANY LANDSCAPE 10.1. Introduction10.2. Top winning strategies10.3. Product Mapping of Top 10 Player10.4. Competitive Dashboard10.5. Competitive Heatmap10.6. Key developments CHAPTER 11: COMPANY PROFILES 11.1 ABB LTD11.1.1 Company overview11.1.2 Company snapshot11.1.3 Operating business segments11.1.4 Product portfolio11.1.5 Business performance11.1.6 Key strategic moves and developments11.2 Aquawatt Green Marine Technologies11.2.1 Company overview11.2.2 Company snapshot11.2.3 Operating business segments11.2.4 Product portfolio11.2.5 Business performance11.2.6 Key strategic moves and developments11.3 Boesch Motorboote AG11.3.1 Company overview11.3.2 Company snapshot11.3.3 Operating business segments11.3.4 Product portfolio11.3.5 Business performance11.3.6 Key strategic moves and developments11.4 Boote Marian GmbH11.4.1 Company overview11.4.2 Company snapshot11.4.3 Operating business segments11.4.4 Product portfolio11.4.5 Business performance11.4.6 Key strategic moves and developments11.5 Candela Technology AB11.5.1 Company overview11.5.2 Company snapshot11.5.3 Operating business segments11.5.4 Product portfolio11.5.5 Business performance11.5.6 Key strategic moves and developments11.6 Corvus Energy11.6.1 Company overview11.6.2 Company snapshot11.6.3 Operating business segments11.6.4 Product portfolio11.6.5 Business performance11.6.6 Key strategic moves and developments11.7 Domani Yachts11.7.1 Company overview11.7.2 Company snapshot11.7.3 Operating business segments11.7.4 Product portfolio11.7.5 Business performance11.7.6 Key strategic moves and developments11.8 Duffy Electric Boat Company11.8.1 Company overview11.8.2 Company snapshot11.8.3 Operating business segments11.8.4 Product portfolio11.8.5 Business performance11.8.6 Key strategic moves and developments11.9 Echandia Group AB11.9.1 Company overview11.9.2 Company snapshot11.9.3 Operating business segments11.9.4 Product portfolio11.9.5 Business performance11.9.6 Key strategic moves and developments11.10 ElectraCraft Power Boats11.10.1 Company overview11.10.2 Company snapshot11.10.3 Operating business segments11.10.4 Product portfolio11.10.5 Business performance11.10.6 Key strategic moves and developments11.11 Frauscher Bootswerft GmbH & Co KG11.11.1 Company overview11.11.2 Company snapshot11.11.3 Operating business segments11.11.4 Product portfolio11.11.5 Business performance11.11.6 Key strategic moves and developments11.12 Greenline Yachts11.12.1 Company overview11.12.2 Company snapshot11.12.3 Operating business segments11.12.4 Product portfolio11.12.5 Business performance11.12.6 Key strategic moves and developments11.13 Grove Boats SA11.13.1 Company overview11.13.2 Company snapshot11.13.3 Operating business segments11.13.4 Product portfolio11.13.5 Business performance11.13.6 Key strategic moves and developments11.14 Learboats USA, Inc.11.14.1 Company overview11.14.2 Company snapshot11.14.3 Operating business segments11.14.4 Product portfolio11.14.5 Business performance11.14.6 Key strategic moves and developments11.15 NavAlt Solar & Electric Boats Pvt. Ltd11.15.1 Company overview11.15.2 Company snapshot11.15.3 Operating business segments11.15.4 Product portfolio11.15.5 Business performance11.15.6 Key strategic moves and developments11.16 Quadrofoil d.o.o.11.16.1 Company overview11.16.2 Company snapshot11.16.3 Operating business segments11.16.4 Product portfolio11.16.5 Business performance11.16.6 Key strategic moves and developments11.17 RAND Boats ApS11.17.1 Company overview11.17.2 Company snapshot11.17.3 Operating business segments11.17.4 Product portfolio11.17.5 Business performance11.17.6 Key strategic moves and developments11.18 Ruban Bleu11.18.1 Company overview11.18.2 Company snapshot11.18.3 Operating business segments11.18.4 Product portfolio11.18.5 Business performance11.18.6 Key strategic moves and developments11.19 Soel Yachts B.V.11.19.1 Company overview11.19.2 Company snapshot11.19.3 Operating business segments11.19.4 Product portfolio11.19.5 Business performance11.19.6 Key strategic moves and developments11.20 Torqeedo GmbH11.20.1 Company overview11.20.2 Company snapshot11.20.3 Operating business segments11.20.4 Product portfolio11.20.5 Business performance11.20.6 Key strategic moves and developments11.21 Vision Marine Technologies Inc.11.21.1 Company overview11.21.2 Company snapshot11.21.3 Operating business segments11.21.4 Product portfolio11.21.5 Business performance11.21.6 Key strategic moves and developments11.22 X Shore11.22.1 Company overview11.22.2 Company snapshot11.22.3 Operating business segments11.22.4 Product portfolio11.22.5 Business performance11.22.6 Key strategic moves and developments11.23 Yamaha Motor Co., Ltd.11.23.1 Company overview11.23.2 Company snapshot11.23.3 Operating business segments11.23.4 Product portfolio11.23.5 Business performance11.23.6 Key strategic moves and developments
For more information about this report visit
Media Contact:
Research and MarketsLaura Wood, Senior Manager[email protected]
For E.S.T Office Hours Call +1-917-300-0470For U.S./CAN Toll Free Call +1-800-526-8630For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907Fax (outside U.S.): +353-1-481-1716
Logo:
SOURCE Research and Markets