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Market players are focusing on innovating and designing solar hybrids with augmented passenger capacity to fulfil the growing market demand.
DUBAI, UAE / ACCESSWIRE / December 31, 2020 / Future Market Insights: As per FMI the global electric boats market will grow at a robust CAGR of 11.0% over the forecast period, 2018-2028. The market growth is spurred by growing adoption of small size boats for purposes of maritime security as well as advancement of lightweight boats fueled by electric power. At present, the market is negatively impacted by the COVID-19 outbreak, however, the market is anticipated to gradually regain its status with the reopening of tourist places and ports.