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Electric Ship Market Size is projected to reach USD 12 78 Billion by 2030, growing at a CAGR of 11 24%: Straits Research
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Electric ships Market Size, Status and Supply Forecast 2021 To 2027 | Kongsberg (Norway), ABB (Switzerland), Wartsila (Finland), Norwegian Electric Systems AS (Norway), Corvus Energy (Canada), General Dynamics Electric Boat – Industrial IT
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Electric Ships Market Is Projected to Grow at the Highest CAGR from 2019 to 2025
Based on the mode of operation, the manned segment is expected to lead the electric ships market from 2019 to 2030.
This press release was orginally distributed by SBWire
Northbrook, IL (SBWIRE) 12/13/2020 The global electric ships market size is projected to grow from USD 5.2 billion in 2019 to USD 15.6 billion by 2030, at a CAGR of 13.2% from 2025 to 2030. (Two forecast periods, i.e., 2019 to 2025 and 2025 to 2030 are considered in this market report, as the adoption of electric propulsion systems is estimated to grow at a higher rate post-2025). Some of the factors that are expected to fuel the growth of the electric ships are the International Maritime Organization s ruling on reducing sulfur emissions, effective from 1st January 2020, and wide adoption of fully electric passenger vessels.
Electric Ships Market Is Projected to Grow at the Highest CAGR from 2019 to 2025
Based on the mode of operation, the manned segment is expected to lead the electric ships market from 2019 to 2030.
Northbrook, IL (SBWIRE) 12/13/2020 The global electric ships market size is projected to grow from USD 5.2 billion in 2019 to USD 15.6 billion by 2030, at a CAGR of 13.2% from 2025 to 2030. (Two forecast periods, i.e., 2019 to 2025 and 2025 to 2030 are considered in this market report, as the adoption of electric propulsion systems is estimated to grow at a higher rate post-2025). Some of the factors that are expected to fuel the growth of the electric ships are the International Maritime Organization s ruling on reducing sulfur emissions, effective from 1st January 2020, and wide adoption of fully electric passenger vessels.