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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1429007

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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1429007

Electric Ship Market Assessment, By Propulsion Type, By Carriage Type, By Battery Type, By Power, By Tonnage, By Region, Opportunities and Forecast, 2017-2031F

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Description

Table of Contents

List of Tables

Global electric ship market is projected to witness a CAGR of 15.28% during the forecast period 2024-2031, growing from USD 5.01 billion in 2023 to USD 15.63 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.

Shipping is one of the most affordable, safe, and secure ways of transporting cargo, passengers, and industrial goods. Major components of the ship such as the engine, transmission, and generators have constantly transformed over the years. Even before the advent of full or hybrid electric propulsion, diesel-electric engines powered cargo ships with electricity, saving fuel and maintenance costs. However, it was still not the complete electrification of ships and vessels. The successful deployment of hybrid and fully electric systems is becoming possible with the advent of rechargeable batteries and advanced diesel generators. UN Conference on Trade and Development stated that ships transport almost 80% of the world's commodities. With these many ships in oceans, they produce vast amounts of exhaust gases like sulfur oxides, nitrogen oxides, fine dust, and soot particles. Hence, governments across the globe are focusing on transitioning to ships with lower emission or electric propulsion systems.

For instance, in November 2023, the Goal Zero consortium, spearheaded by SeaTech Solutions, a Singapore-based firm launched the country's first fully electric cargo ship. Yinson GreenTech headed the program management, system solutions, and shift clean energy as the battery technology partner.

Zero Emissions and Increased Cargo Carrying Capacity Driving Electric Ship Market

Climate change, increasing sea waste, and adverse conditions of sea creatures have become a serious concern for authorities, cargo transportation businesses, and environmental organizations. Electric ships with zero emissions, battery-based propulsion, and constantly increasing carrying capacity are expected to change the market dynamics. The advanced transmission and power-generating systems also utilize intelligent control modules to ensure maximum efficiency. The expanding global shipment industry with the advent of e-commerce marketplaces is expected to adopt highly efficient and green technology for their future operations. Furthermore, the long-range of verticals of the electric ship market is expected to increase new opportunities for the market. The advent of long-distance transport ships with advanced battery systems and increased carrying capacities add value to market dynamics. Rapid battery cost reduction will also likely increase demand for all-electric ships, vessels, and ferries.

For instance, in July 2023, COSCO Shipping introduced a 700TEU electric container vessel with a capacity of carrying 700 20-foot containers. 36 of these containers are equipped with swappable batteries. These swappable batteries allow the ship to cover a range of 965 kilometers of the Yangtze River. The vessel is powered by two 900 kW main propulsion engines, creating a total power of 1800 kW.

Higher ROI, Megawatt's Charging Systems, and Low Noise and Vibrations to Drive Market Growth

The higher adoption of electric cargo ships is directly proportional to the return on investment (ROI) cargo businesses get through their operations. Electric propulsion system requires electric batteries that cost less than that of ICE propulsion. Apart from the cheaper fuel, the electric ship systems and sub-systems also consist of limited components that are less prone to faults. It reduces the overall maintenance cost, increasing the ROI. An electric propulsion system also creates lower vibrations, reducing the chances of equipment damage. Furthermore, quieter operations with an electric engine bay creating less noise are also preferred. Increased accessibility of charging infrastructure with rapid advancements in ship charging technology is projected to fuel electric ship adoption. Governments and the maritime industry constantly put in efforts to develop high-end charging stations for hybrid and electric ships, cargo carriers, and boats.

For instance, in December 2023, Swiss Technological giant ABB Group partnered with Auckland Transport to deliver an advanced megawatt charging system (MCS) for all-electric and hybrid-electric ferries. The interface between the shore and the ship is the same as that used in trucking and aviation and is expected to reduce market entry barriers for electric ships.

Government Subsidies and Incentives to Support Shipbuilders

Government concerns over carbon emissions are not limited to vehicular pollution. Apart from adopting EVs, electric two-wheelers, and taxis, government authorities also support electric ship manufacturers through different stages of their operations. Governments across countries support local shipbuilders working on green shipping and transportation. The push given to green ships is likely to foster carbon neutrality. Authorities are also concerned over the health condition of sea creatures as ship waste, gases, and oil affect marine life. Hence, the marine industry, along with government authorities, promotes green ship manufacturing projects.

For instance, in May 2023, the Indian government launched a series of initiatives to promote green shipping. The government's Ministry of Ports, Shipping & waterways (MoPSW) unveiled five initiatives that focus on green shipping and digitization of Indian ports. Previously, the government offered 20% financing for newly built green vessels, reduced by 3% per annum. The government's new policy would increase this to 30% for green vessels.

Higher Range and Carriage Capacity to Help Hybrid Electric Ship Segment Lead

Based on the propulsion type, the hybrid electric propulsion performs significantly better. Carrying capacity and longer range are attributed to the increased adoption of hybrid technology. The battery-based all-electric ships are new in the industry and undergoing different experiments. On the other side, hybrid electric and diesel-electric ships have been around for a while and have been constantly used in cargo operations across the globe. The hybrid drive includes an internal combustion engine (ICE) and the batteries on board. They can also be turned on again briefly during a power peak. They can also store excess energy, for example, from diesel generators. Hence, hybrid electric ships are preferred for bigger cargo ships as they deliver enough power through two different sources.

For instance, in January 2024, AtiB@C Shipping (Ethiopian Shipping Lines S.C.) launched its third 5,350 dwt plug-in hybrid vessel named Ecomar at Chowgule Shipyard. The outfitting, final painting would be continued at the outfitting quay. The way for final block assembles of Aquamar (4th Vessel in the Series of 12) has been cleared with the launch of the 90-meter-long general cargo Ecomar.

Europe Dominates Electric Ship Market

Europe has always been the center of trade and shipping. The growing businesses and the presence of major players, component manufacturers, and OEMs fuel the market growth in the region. The existing players are extending their research and development programs to advance the cargo fleet. The European authorities and their compliance policies are also anticipated to push the adoption of green or zero-emission ships. The adoption of hybrid electric ships with higher range and speed is expected to replace the crew transfer vessels. The rapidly increasing demand from the commercial and defense sector in Western Europe also adds value to the regional market dynamics. Apart from the commercial fleets, the European nations plan on building all-electric cruise ships.

For instance, in June 2023, Norwegian coastal ferry service and cruise line, Hurtigruten AS presented plans for its emission-free cruise ship named "Sea Zero". The project is being developed with a consortium of twelve maritime partners and Norway's Foundation for Industrial and Technical Research, locally known as SINTEF.

Future Market Scenario (2024 - 2031F)

The electric ship market is expected to evolve according to factors like government regulations, better cost dynamics, and climate change.

The ongoing development of all-electric cargo and cruise ships is expected to transform the market dynamics.

The increased demand for hybrid electric ships along with extended research and development programs are anticipated to propel the market growth.

Evolving battery technology, with lithium-ion batteries at the center stage, is projected to increase the range and carrying capacity of upcoming hybrid and electric ships.

Key Players Landscape and Outlook

The competitive landscape for electric ships is constantly transforming with the latest developments. The key focus is developing rechargeable advanced batteries that have a long life. Furthermore, the market players also try to capture green maritime zones defined by authorities. Alongside this, new players with advanced hybrid technology add value to the market landscape. The players also adopt expansion strategies like mergers, partnerships, and acquisitions.

For instance, in March 2023, ABB and Fincantieri signed a contract to supply eight medium-range Azipod propulsion solutions for four eco-friendly medium-size cruise ships. The passenger vessels will have two 7.7 MW Azipod propulsion modules per vessel. Ship deliveries will occur in 2024, 25 2025, 2026, and 2027.

Leclanche received an order in January 2023 for 22,6 MWh battery systems for new-generation hybrid ferries in the maritime industry. The order was for battery systems to be installed on ferries operated by Stena RoRo and Brittany Ferries. The ferries will be some of the biggest hybrid vessel projects in the maritime industry and will be built on Leclanche's latest cell technology that offers high cycle life with fast charge capability.

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Product Code: MX11003

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Mode of Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Battery Capacity
    • 4.3.2. Charging Infrastructure
    • 4.3.3. Power Efficiency
    • 4.3.4. Environmental Impact
  • 4.4. Consideration of Privacy & Safety Regulations

5. Global Electric Ship Market Outlook, 2017-2031F

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. By Propulsion Type
    • 5.2.1. Fully Electric
    • 5.2.2. Hybrid
  • 5.3. By Carriage Type
    • 5.3.1. Passenger
    • 5.3.2. Cargo
    • 5.3.3. Others
  • 5.4. By Battery Type
    • 5.4.1. Lead-Acid
    • 5.4.2. Lithium-ion
    • 5.4.3. Nickle-based
  • 5.5. By Power
    • 5.5.1. <75 kW
    • 5.5.2. 75-150 kW
    • 5.5.3. 151-745 kW
    • 5.5.4. 746-7,560 kW
    • 5.5.5. >7,561 kW
  • 5.6. By Tonnage
    • 5.6.1. <500 DWT
    • 5.6.2. 500-5,000 DWT
    • 5.6.3. 5,001-15,000 DWT
    • 5.6.4. >15,000 DWT
  • 5.7. By Region
    • 5.7.1. North America
    • 5.7.2. Europe
    • 5.7.3. Asia-Pacific
    • 5.7.4. South America
    • 5.7.5. Middle East and Africa
  • 5.8. By Company Market Share (%), 2023

6. Global Electric Ship Market Outlook, By Region, 2017-2031F

  • 6.1. North America*
    • 6.1.1. Market Size & Forecast
      • 6.1.1.1. By Value
      • 6.1.1.2. By Volume
    • 6.1.2. By Propulsion Type
      • 6.1.2.1. Fully Electric
      • 6.1.2.2. Hybrid
    • 6.1.3. By Carriage Type
      • 6.1.3.1. Passenger
      • 6.1.3.2. Cargo
      • 6.1.3.3. Others
    • 6.1.4. By Battery Type
      • 6.1.4.1. Lead-Acid
      • 6.1.4.2. Lithium-ion
      • 6.1.4.3. Nickle-based
    • 6.1.5. By Power
      • 6.1.5.1. <75 kW
      • 6.1.5.2. 75-150 kW
      • 6.1.5.3. 151-745 kW
      • 6.1.5.4. 746-7,560 kW
      • 6.1.5.5. >7,561 kW
    • 6.1.6. By Tonnage
      • 6.1.6.1. <500 DWT
      • 6.1.6.2. 500-5,000 DWT
      • 6.1.6.3. 5,001-15,000 DWT
      • 6.1.6.4. >15,000 DWT
    • 6.1.7. United States*
      • 6.1.7.1. Market Size & Forecast
      • 6.1.7.1.1. By Value
      • 6.1.7.1.2. By Volume
      • 6.1.7.2. By Propulsion Type
      • 6.1.7.2.1. Fully Electric
      • 6.1.7.2.2. Hybrid
      • 6.1.7.3. By Carriage Type
      • 6.1.7.3.1. Passenger
      • 6.1.7.3.2. Cargo
      • 6.1.7.3.3. Others
      • 6.1.7.4. By Battery Type
      • 6.1.7.4.1. Lead-Acid
      • 6.1.7.4.2. Lithium-ion
      • 6.1.7.4.3. Nickle-based
      • 6.1.7.5. By Power
      • 6.1.7.5.1. <75 kW
      • 6.1.7.5.2. 75-150 kW
      • 6.1.7.5.3. 151-745 kW
      • 6.1.7.5.4. 746-7,560 kW
      • 6.1.7.5.5. >7,561 kW
      • 6.1.7.6. By Tonnage
      • 6.1.7.6.1. <500 DWT
      • 6.1.7.6.2. 500-5,000 DWT
      • 6.1.7.6.3. 5,001-15,000 DWT
      • 6.1.7.6.4. >15,000 DWT
    • 6.1.8. Canada
    • 6.1.9. Mexico

All segments will be provided for all regions and countries covered

  • 6.2. Europe
    • 6.2.1. Germany
    • 6.2.2. France
    • 6.2.3. Italy
    • 6.2.4. United Kingdom
    • 6.2.5. Russia
    • 6.2.6. Netherlands
    • 6.2.7. Spain
    • 6.2.8. Turkey
    • 6.2.9. Poland
  • 6.3. Asia-Pacific
    • 6.3.1. India
    • 6.3.2. China
    • 6.3.3. Japan
    • 6.3.4. Australia
    • 6.3.5. Vietnam
    • 6.3.6. South Korea
    • 6.3.7. Indonesia
    • 6.3.8. Philippines
  • 6.4. South America
    • 6.4.1. Brazil
    • 6.4.2. Argentina
  • 6.5. Middle East & Africa
    • 6.5.1. Saudi Arabia
    • 6.5.2. UAE
    • 6.5.3. South Africa

7. Market Mapping, 2023

  • 7.1. By Propulsion
  • 7.2. By Carriage
  • 7.3. By Battery
  • 7.4. By Power
  • 7.5. By Tonnage
  • 7.6. By Region

8. Macro Environment and Industry Structure

  • 8.1. Demand Supply Analysis
  • 8.2. Import Export Analysis
  • 8.3. Value Chain Analysis
  • 8.4. PESTEL Analysis
    • 8.4.1. Political Factors
    • 8.4.2. Economic System
    • 8.4.3. Social Implications
    • 8.4.4. Technological Advancements
    • 8.4.5. Environmental Impacts
    • 8.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 8.5. Porter's Five Forces Analysis
    • 8.5.1. Supplier Power
    • 8.5.2. Buyer Power
    • 8.5.3. Substitution Threat
    • 8.5.4. Threat from New Entrants
    • 8.5.5. Competitive Rivalry

9. Market Dynamics

  • 9.1. Growth Drivers
  • 9.2. Growth Inhibitors (Challenges and Restraints)

10. Key Players Landscape

  • 10.1. Competition Matrix of Top Five Market Leaders
  • 10.2. Market Revenue Analysis of Top Five Market Leaders (in %, 2023)
  • 10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 10.4. SWOT Analysis (For Five Market Players)
  • 10.5. Patent Analysis (If Applicable)

11. Pricing Analysis

12. Case Studies

13. Key Players Outlook

  • 13.1. ABB Group
    • 13.1.1. Company Details
    • 13.1.2. Key Management Personnel
    • 13.1.3. Products & Services
    • 13.1.4. Financials (As reported)
    • 13.1.5. Key Market Focus & Geographical Presence
    • 13.1.6. Recent Developments
  • 13.2. Leclanche S.A.
  • 13.3. Siemens AG
  • 13.4. Kongsberg Gruppen
  • 13.5. Wartsila Marine
  • 13.6. Cosco Shipping Heavy Industry
  • 13.7. Echandia Marine AB
  • 13.8. Duffy Electric Boat Company
  • 13.9. Twin Vee PowerCats Co.
  • 13.10. ElectraCraft

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

14. Strategic Recommendations

15. About Us & Disclaimer

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Product Code: MX11003

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. Global Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 3. Global Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 4. Global Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 5. Global Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 6. Global Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 7. Global Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 8. Global Electric Ship Market Share (%), By Region, 2017-2031F
  • Figure 9. North America Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 10. North America Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 11. North America Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 12. North America Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 13. North America Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 14. North America Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 15. North America Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 16. North America Electric Ship Market Share (%), By Country, 2017-2031F
  • Figure 17. United States Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 18. United States Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 19. United States Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 20. United States Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 21. United States Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 22. United States Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 23. United States Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 24. Canada Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 25. Canada Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 26. Canada Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 27. Canada Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 28. Canada Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 29. Canada Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 30. Canada Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 31. Mexico Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 32. Mexico Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 33. Mexico Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 34. Mexico Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 35. Mexico Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 36. Mexico Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 37. Mexico Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 38. Europe Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 39. Europe Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 40. Europe Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 41. Europe Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 42. Europe Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 43. Europe Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 44. Europe Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 45. Europe Electric Ship Market Share (%), By Country, 2017-2031F
  • Figure 46. Germany Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 47. Germany Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 48. Germany Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 49. Germany Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 50. Germany Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 51. Germany Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 52. Germany Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 53. France Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 54. France Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 55. France Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 56. France Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 57. France Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 58. France Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 59. France Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 60. Italy Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 61. Italy Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 62. Italy Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 63. Italy Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 64. Italy Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 65. Italy Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 66. Italy Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 67. United Kingdom Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 68. United Kingdom Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 69. United Kingdom Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 70. United Kingdom Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 71. United Kingdom Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 72. United Kingdom Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 73. United Kingdom Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 74. Russia Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 75. Russia Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 76. Russia Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 77. Russia Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 78. Russia Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 79. Russia Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 80. Russia Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 81. Netherlands Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 82. Netherlands Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 83. Netherlands Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 84. Netherlands Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 85. Netherlands Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 86. Netherlands Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 87. Netherlands Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 88. Spain Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 89. Spain Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 90. Spain Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 91. Spain Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 92. Spain Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 93. Spain Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 94. Spain Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 95. Turkey Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 96. Turkey Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 97. Turkey Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 98. Turkey Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 99. Turkey Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 100. Turkey Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 101. Turkey Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 102. Poland Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 103. Poland Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 104. Poland Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 105. Poland Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 106. Poland Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 107. Poland Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 108. Poland Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 109. South America Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 110. South America Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 111. South America Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 112. South America Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 113. South America Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 114. South America Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 115. South America Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 116. South America Electric Ship Market Share (%), By Country, 2017-2031F
  • Figure 117. Brazil Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 118. Brazil Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 119. Brazil Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 120. Brazil Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 121. Brazil Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 122. Brazil Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 123. Brazil Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 124. Argentina Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 125. Argentina Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 126. Argentina Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 127. Argentina Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 128. Argentina Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 129. Argentina Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 130. Argentina Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 131. Asia-Pacific Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 132. Asia-Pacific Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 133. Asia-Pacific Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 134. Asia-Pacific Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 135. Asia-Pacific Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 136. Asia-Pacific Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 137. Asia- Pacific Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 138. Asia-Pacific Electric Ship Market Share (%), By Country, 2017-2031F
  • Figure 139. India Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 140. India Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 141. India Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 142. India Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 143. India Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 144. India Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 145. India Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 146. China Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 147. China Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 148. China Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 149. China Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 150. China Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 151. China Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 152. China Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 153. Japan Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 154. Japan Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 155. Japan Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 156. Japan Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 157. Japan Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 158. Japan Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 159. Japan Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 160. Australia Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 161. Australia Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 162. Australia Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 163. Australia Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 164. Australia Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 165. Australia Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 166. Australia Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 167. Vietnam Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 168. Vietnam Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 169. Vietnam Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 170. Vietnam Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 171. Vietnam Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 172. Vietnam Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 173. Vietnam Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 174. South Korea Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 175. South Korea Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 176. South Korea Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 177. South Korea Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 178. South Korea Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 179. South Korea Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 180. South Korea Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 181. Indonesia Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 182. Indonesia Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 183. Indonesia Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 184. Indonesia Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 185. Indonesia Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 186. Indonesia Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 187. Indonesia Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 188. Philippines Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 189. Philippines Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 190. Philippines Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 191. Philippines Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 192. Philippines Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 193. Philippines Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 194. Philippines Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 195. Middle East & Africa Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 196. Middle East & Africa Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 197. Middle East & Africa Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 198. Middle East & Africa Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 199. Middle East & Africa Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 200. Middle East & Africa Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 201. Middle East & Africa Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 202. Middle East & Africa Electric Ship Market Share (%), By Country, 2017-2031F
  • Figure 203. Saudi Arabia Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 204. Saudi Arabia Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 205. Saudi Arabia Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 206. Saudi Arabia Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 207. Saudi Arabia Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 208. Saudi Arabia Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 209. Saudi Arabia Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 210. UAE Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 211. UAE Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 212. UAE Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 213. UAE Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 214. UAE Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 215. UAE Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 216. UAE Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 217. South Africa Electric Ship Market, By Value, In USD Billion, 2017-2031F
  • Figure 218. South Africa Electric Ship Market, By Volume, In Units, 2017-2031F
  • Figure 219. South Africa Electric Ship Market Share (%), By Propulsion Type, 2017-2031F
  • Figure 220. South Africa Electric Ship Market Share (%), By Carriage Type, 2017-2031F
  • Figure 221. South Africa Electric Ship Market Share (%), By Battery Type, 2017-2031F
  • Figure 222. South Africa Electric Ship Market Share (%), By Power, 2017-2031F
  • Figure 223. South Africa Electric Ship Market Share (%), By Tonnage, 2017-2031F
  • Figure 224. By Propulsion Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 225. By Carriage Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 226. By Battery Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 227. By Power Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 228. By Tonnage Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 229. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023
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