Global Marine Electric Vehicle Market Report 2024

Marine Electric Vehicle Global Market Report 2024 – By Technology (Electric Propulsion Systems, Electric Motors, Energy Storage Systems, Charging Infrastructure), By Vessel-Size (Small Electric Boats (Up to 6 meters), Medium-Sized electric Boats (6-10 meters), Large Electric ships (Over 10 meters)), By Ownership (Rental And Charter Services, Individual Ownership), By Vehicle Type (Military Vehicle, Work Boat, Leisure And Tourist Surface Boat, Autonomous Underwater Vehicle, Other Vehicle Types), By Application (Leisure And Recreational, Commercial, Military) – Market Size, Trends, And Global Forecast 2024-2033

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Marine Electric Vehicle Market Definition And Segments

Marine electric vehicles (MEVs) are a type of watercraft designed with electric propulsion as their primary power source. These vehicles utilize electrification and environmentally friendly alternatives that rely on internal combustion engines in the transportation sector, aiming to reduce emissions and environmental impacts in the maritime industry. It is used to operate on water bodies such as rivers, lakes, seas, and oceans.

The main technologies in marine electric vehicles are electric propulsion systems, electric motors, energy storage systems, and charging infrastructure. Electric propulsion systems refer to a type of propulsion technology that uses electricity to generate thrust or propulsion for vehicles or vessels. The various vessel sizes include small electric boats (up to 6 meters), medium-sized electric boats (6-10 meters), and large electric ships (over 10 meters) with various ownerships such as rental and charter services, and individual ownership. The various vehicle types include military vehicles, work boats, leisure and tourist surface boats, autonomous underwater vehicles, and others. These are used in various applications such as leisure and recreational, commercial, and military.

The marine electric vehicle market covered in this report is segmented –

1) By Technology: Electric Propulsion Systems, Electric Motors, Energy Storage Systems, Charging Infrastructure

2) By Vessel-Size: Small Electric Boats (Up to 6 meters), Medium-Sized electric Boats (6-10 meters), Large Electric ships (Over 10 meters)

3) By Ownership: Rental And Charter Services, Individual Ownership

4) By Vehicle Type: Military Vehicle, Work Boat, Leisure And Tourist Surface Boat, Autonomous Underwater Vehicle, Other Vehicle Types

5) By Application: Leisure And Recreational, Commercial, Military

The marine electric vehicle market size has grown rapidly in recent years. It will grow from $8.97 billion in 2023 to $10.36 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to environmental regulations, fuel price volatility, emission reduction targets, public perception and image.

The marine electric vehicle market size is expected to see rapid growth in the next few years. It will grow to $17.27 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to international maritime organization (imo) regulations, cost competitiveness, global sustainability initiatives, research and development investments, public awareness and pressure. Major trends in the forecast period include development of dynamic positioning systems, adoption of energy-efficient electric propulsion systems, introduction of solar-powered electric boats, implementation of shore-to-ship electric charging infrastructure, integration of advanced energy management systems, development of high-speed electric ferries.

Rising Cruise Demand Fuels the Marine Electric Vehicle Market

The increasing demand for cruises is expected to propel the growth of the marine electric vehicle market going forward. Cruises refer to vacations or trips taken on cruise ships or cruise liners, which are large passenger vessels designed to offer a unique and enjoyable way to explore various destinations. Electric cruise ships are used as marine electric vehicles for passengers to provide and promote leisure, tourism, and transportation, encouraging eco-friendliness and reducing greenhouse gas emissions. For instance, in April 2023, according to the Cruise Lines International Association, a US-based trade association, British and Irish holidaymakers took around 1.7 million cruises, up from 479,000 the previous year. Therefore, the increasing demand for cruises is driving the growth of the marine electric vehicle market.

Surge In Maritime Tourism Sparks Growth In The Marine Electric Vehicle Market

Growing maritime tourism is expected to propel the growth of the marine electric vehicle market going forward. Maritime tourism encompasses water-oriented activities such as yachting, boating, cruises, and water sports, along with the associated infrastructure and land services. Marine tourism harnesses marine vehicles for exploration, recreation, and leisure experiences on the water. For instance, in December 2023, according to the NOAA Office for Coastal Management (OCM), a US-based federal government agency, maritime tourism experienced remarkable growth, with a 27.3% increase, contributing $49.8 billion to the marine economy, outpacing the national economic growth rate. Therefore, growing maritime tourism is driving the growth of the marine electric vehicle market.

Major companies operating in the marine electric vehicle market report are ABB Ltd., Torqeedo GmbH, Corvus Energy Ltd., Duffy Electric Boat Company, Electrovaya Inc., Ruban Bleu, Saft, Triton Submarines LLC, BAE Systems, Kongsberg Gruppen, Vision Marine Technologies, Boesch Motorboote AG, Echandia Marine AB, Leclanché, WEG, Echandia Marine AB, Triton Submarines LLC, Azura Marine, Ruban Bleu, Elco Motor Yachts, Aquawatt, Alfastreet Marine, Rand Boats, Duffy Electric Boat Company, Boesch Motorboote AG, Aquon One, Iguana Yachts, Vita Power, Zin Boats, Crown Electric Ships and Boats

High Initial Costs Impede Growth In The Marine Electric Vehicle Market

The high initial costs are the main restraining factor limiting the growth of the marine electric vehicle market during the forecast period. For particular consumers, the price of batteries, infrastructure for charging, and maintenance may impede adoption. Marine electric vehicles may have greater starting costs than traditional marine boats, including spending on the purchase of battery-powered propulsion systems and accompanying equipment. For instance, in August 2023, according to the New York Times Company, a US-based media outlets, a great majority of Americans cannot afford battery-powered vehicles. High pricing is driven by a lack of batteries, raw materials like lithium, and components such as semiconductors. Affluent consumers' high demand for electric vehicles implies that automakers have little motivation to manufacture cheaper variants. Therefore, the high initial costs are curbing the growth of the marine electric vehicle market.

Developing Innovative Products In Marine Electric Vehicles To Drive The Revenues

Major companies operating in the marine electric vehicle market are focusing on the development of innovative products such as the Cheetah R630 to provide high-quality services to customers. The Cheetah R630 is the first electric RIB (rigid Inflatable Boat) with a highly efficient lightweight hull that saves fuel when propelled by a combustion engine but is easily converted to electric propulsion. For instance, in June 2023, Cheetah Marine, a UK-based company that designs and constructs power catamarans launched Cheetah R630. The Cheetah R630 is an electric vessel with a 6.3-meter (20 ft 6 in) rigid inflatable boat that is super-efficient and eco-friendly for the marine industry with sustainable boating. The Cheetah R630 electric vessel can also run on diesel or gasoline. It provides ample room for both passengers and equipment. The Cheetah R630 has fuel storage under the deck, which keeps the deck clear and clean.

General Motors Acquired Pure Watercraft to Expand In Electric Marine Transportation

In November 2021, General Motors, a US-based automotive manufacturing company, acquired a 25% stake in Pure Watercraft for an undisclosed amount. With this acquisition, General Motors aims to expand all-electric marine transportation with innovative marine propulsion technology and develop battery-electric watercraft. Pure Watercraft is a US-based company that manufactures electric propulsion systems and marine electric vehicles, such as electric boats.

North America was the largest region in the marine electric vehicle market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the marine electric vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

The marine electric vehicle market consists of revenues earned by entities by providing services such as charging infrastructure, repair services, and safety inspection. The market value includes the value of related goods sold by the service provider or included within the service offering. The marine electric vehicle market also includes sales of electric fishing boats, electric tugboats, and electric jet skis. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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

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

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

Marine Electric Vehicle Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $10.36 billion
Revenue Forecast In 2033 $17.27 billion
Growth Rate CAGR of 13.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Technology: Electric Propulsion Systems, Electric Motors, Energy Storage Systems, Charging Infrastructure
2) By Vessel-Size: Small Electric Boats (Up to 6 meters), Medium-Sized electric Boats (6-10 meters), Large Electric ships (Over 10 meters)
3) By Ownership: Rental And Charter Services, Individual Ownership
4) By Vehicle Type: Military Vehicle, Work Boat, Leisure And Tourist Surface Boat, Autonomous Underwater Vehicle, Other Vehicle Types
5) By Application: Leisure And Recreational, Commercial, Military
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled ABB Ltd.; Torqeedo GmbH; Corvus Energy Ltd.; Duffy Electric Boat Company; Electrovaya Inc; Ruban Bleu; Saft; Triton Submarines LLC; BAE Systems; Kongsberg Gruppen; Vision Marine Technologies; Boesch Motorboote AG; Echandia Marine AB; Leclanché; WEG; Echandia Marine AB; Triton Submarines LLC; Azura Marine; Ruban Bleu; Elco Motor Yachts; Aquawatt; Alfastreet Marine; Rand Boats; Duffy Electric Boat Company; Boesch Motorboote AG; Aquon One; Iguana Yachts; Vita Power; Zin Boats; Crown Electric Ships and Boats
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Marine Electric Vehicle Market Characteristics

    3. Marine Electric Vehicle Market Trends And Strategies

    4. Marine Electric Vehicle Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Marine Electric Vehicle Market Size and Growth

    5.1. Global Marine Electric Vehicle Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

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

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

    6. Marine Electric Vehicle Market Segmentation

    6.1. Global Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Electric Propulsion Systems

    Electric Motors

    Energy Storage Systems

    Charging Infrastructure

    6.2. Global Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Small Electric Boats (Up to 6 meters)

    Medium-Sized electric Boats (6-10 meters)

    Large Electric ships (Over 10 meters)

    6.3. Global Marine Electric Vehicle Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Rental And Charter Services

    Individual Ownership

    6.4. Global Marine Electric Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Military Vehicle

    Work Boat

    Leisure And Tourist Surface Boat

    Autonomous Underwater Vehicle

    Other Vehicle Types

    6.5. Global Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Leisure And Recreational

    Commercial

    Military

    7. Marine Electric Vehicle Market Regional And Country Analysis

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

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

    8. Asia-Pacific Marine Electric Vehicle Market

    8.1. Asia-Pacific Marine Electric Vehicle Market Overview

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

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

    8.3. Asia-Pacific Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    9. China Marine Electric Vehicle Market

    9.1. China Marine Electric Vehicle Market Overview

    9.2. China Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Marine Electric Vehicle Market

    10.1. India Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Marine Electric Vehicle Market

    11.1. Japan Marine Electric Vehicle Market Overview

    11.2. Japan Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Marine Electric Vehicle Market

    12.1. Australia Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Marine Electric Vehicle Market

    13.1. Indonesia Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Marine Electric Vehicle Market

    14.1. South Korea Marine Electric Vehicle Market Overview

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

    14.3. South Korea Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    15. Western Europe Marine Electric Vehicle Market

    15.1. Western Europe Marine Electric Vehicle Market Overview

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

    15.3. Western Europe Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    16. UK Marine Electric Vehicle Market

    16.1. UK Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Marine Electric Vehicle Market

    17.1. Germany Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Marine Electric Vehicle Market

    18.1. France Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Marine Electric Vehicle Market

    19.1. Italy Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Marine Electric Vehicle Market

    20.1. Spain Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Marine Electric Vehicle Market

    21.1. Eastern Europe Marine Electric Vehicle Market Overview

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

    21.3. Eastern Europe Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    22. Russia Marine Electric Vehicle Market

    22.1. Russia Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Marine Electric Vehicle Market

    23.1. North America Marine Electric Vehicle Market Overview

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

    23.3. North America Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    24. USA Marine Electric Vehicle Market

    24.1. USA Marine Electric Vehicle Market Overview

    24.2. USA Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Marine Electric Vehicle Market

    25.1. Canada Marine Electric Vehicle Market Overview

    25.2. Canada Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Marine Electric Vehicle Market

    26.1. South America Marine Electric Vehicle Market Overview

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

    26.3. South America Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    27. Brazil Marine Electric Vehicle Market

    27.1. Brazil Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Marine Electric Vehicle Market

    28.1. Middle East Marine Electric Vehicle Market Overview

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

    28.3. Middle East Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

    29. Africa Marine Electric Vehicle Market

    29.1. Africa Marine Electric Vehicle Market Overview

    29.2. Africa Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Marine Electric Vehicle Market Competitive Landscape And Company Profiles

    30.1. Marine Electric Vehicle Market Competitive Landscape

    30.2. Marine Electric Vehicle Market Company Profiles

    30.2.1. ABB Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Torqeedo GmbH

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Corvus Energy Ltd.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Duffy Electric Boat Company

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Electrovaya Inc

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Marine Electric Vehicle Market Other Major And Innovative Companies

    31.1. Ruban Bleu

    31.2. Saft

    31.3. Triton Submarines LLC

    31.4. BAE Systems

    31.5. Kongsberg Gruppen

    31.6. Vision Marine Technologies

    31.7. Boesch Motorboote AG

    31.8. Echandia Marine AB

    31.9. Leclanché

    31.10. WEG

    31.11. Echandia Marine AB

    31.12. Triton Submarines LLC

    31.13. Azura Marine

    31.14. Ruban Bleu

    31.15. Elco Motor Yachts

    32. Global Marine Electric Vehicle Market Competitive Benchmarking

    33. Global Marine Electric Vehicle Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Marine Electric Vehicle Market

    35. Marine Electric Vehicle Market Future Outlook and Potential Analysis

    35.1 Marine Electric Vehicle Market In 2028 - Countries Offering Most New Opportunities

    35.2 Marine Electric Vehicle Market In 2028 - Segments Offering Most New Opportunities

    35.3 Marine Electric Vehicle Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Marine Electric Vehicle Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Marine Electric Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Marine Electric Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Marine Electric Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: ABB Ltd.  Financial Performance
  • Table 77: Torqeedo GmbH Financial Performance
  • Table 78: Corvus Energy Ltd. Financial Performance
  • Table 79: Duffy Electric Boat Company Financial Performance
  • Table 80: Electrovaya Inc Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Marine Electric Vehicle Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Marine Electric Vehicle Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Marine Electric Vehicle Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Marine Electric Vehicle Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Marine Electric Vehicle Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Marine Electric Vehicle Market, Segmentation By Vessel-Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Marine Electric Vehicle Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: ABB Ltd.  Financial Performance
  • Figure 77: Torqeedo GmbH Financial Performance
  • Figure 78: Corvus Energy Ltd. Financial Performance
  • Figure 79: Duffy Electric Boat Company Financial Performance
  • Figure 80: Electrovaya Inc Financial Performance
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Frequently Asked Questions

What is the definition of the marine electric vehicle market?

Marine electric vehicles (MEVs) are a type of watercraft designed with electric propulsion as their primary power source. These vehicles utilize electrification and environmentally friendly alternatives that rely on internal combustion engines in the transportation sector, aiming to reduce emissions and environmental impacts in the maritime industry. It is used to operate on water bodies such as rivers, lakes, seas, and oceans. For further insights on the marine electric vehicle market, request a sample here

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

The marine electric vehicle market major growth driver - rising cruise demand fuels the marine electric vehicle market. For further insights on the marine electric vehicle market, request a sample here

What is the forecast market size or the forecast market value of the marine electric vehicle market ?

The marine electric vehicle market size has grown rapidly in recent years. It will grow from $8.97 billion in 2023 to $10.36 billion in 2024 at a compound annual growth rate (CAGR) of 15.5%. The growth in the historic period can be attributed to environmental regulations, fuel price volatility, emission reduction targets, public perception and image.. The marine electric vehicle market size is expected to see rapid growth in the next few years. It will grow to $17.27 billion in 2028 at a compound annual growth rate (CAGR) of 13.6%. The growth in the forecast period can be attributed to international maritime organization (imo) regulations, cost competitiveness, global sustainability initiatives, research and development investments, public awareness and pressure.. Major trends in the forecast period include development of dynamic positioning systems, adoption of energy-efficient electric propulsion systems, introduction of solar-powered electric boats, implementation of shore-to-ship electric charging infrastructure, integration of advanced energy management systems, development of high-speed electric ferries.. For further insights on the marine electric vehicle market, request a sample here

How is the marine electric vehicle market segmented?

The marine electric vehicle market is segmented
1) By Technology: Electric Propulsion Systems , Electric Motors , Energy Storage Systems, Charging Infrastructure
2) By Vessel-Size: Small Electric Boats (Up to 6 meters), Medium-Sized electric Boats (6-10 meters), Large Electric ships (Over 10 meters)
3) By Ownership: Rental And Charter Services, Individual Ownership
4) By Vehicle Type: Military Vehicle, Work Boat, Leisure And Tourist Surface Boat, Autonomous Underwater Vehicle, Other Vehicle Types
5) By Application: Leisure And Recreational , Commercial , MilitaryFor further insights on the marine electric vehicle market,
request a sample here

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

North America was the largest region in the marine electric vehicle market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the marine electric vehicle market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the marine electric vehicle market, request a sample here.

Who are the major players in the marine electric vehicle market?

Major companies operating in the marine electric vehicle market report are ABB Ltd. , Torqeedo GmbH, Corvus Energy Ltd., Duffy Electric Boat Company, Electrovaya Inc, Ruban Bleu, Saft , Triton Submarines LLC, BAE Systems, Kongsberg Gruppen, Vision Marine Technologies, Boesch Motorboote AG, Echandia Marine AB, Leclanché, WEG, Echandia Marine AB, Triton Submarines LLC, Azura Marine, Ruban Bleu, Elco Motor Yachts, Aquawatt, Alfastreet Marine, Rand Boats, Duffy Electric Boat Company, Boesch Motorboote AG, Aquon One, Iguana Yachts, Vita Power, Zin Boats, Crown Electric Ships and Boats For further insights on the marine electric vehicle market, request a sample here.

What are the key trends in the marine electric vehicle market?

Major trend in the marine electric vehicle market - developing innovative products in marine electric vehicles to drive the revenues. For further insights on the marine electric vehicle market, request a sample here.

What are the major opportunities in the marine electric vehicle market? What are the strategies for the marine electric vehicle market?

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

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

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

What are the latest mergers and acquisitions in the marine electric vehicle industry?

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

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

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