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The Global Electric Ships market is expected to reach $10.94 billion by 2026 growing at a CAGR of 15.2% from 2018 to 2026. Electric ships are the ships attached with batteries and operate on electricity rather than fuel. These ships support environmental safety measures as they do not harm any aquatic animals as they do not release harmful gases. The invention of these boats is very beneficial as there is a crisis for fuels. The batteries can be rechargeable easily and the main charger allows the boat to be charged in the shore side stations. Factors such as growing maritime industry, increasing disposable income, and development of Lithium-ion batteries are driving the market growth. Though, the less capacity of electric ships restrains the market growth. Moreover, hybrid propulsion technologies are the opportunities for the Electric Ships market. Based on mode of operation, the manned segment is going to have a lucrative growth during the forecast period, due to the increasing demand for electric and hybrid propulsion systems by commercial ships. There is huge market potential for manned cargo vessels, as almost all cargo vessels presently operate with a crew. The key vendors mentioned are General Electric, ABB, Siemens, Wartsila, Bae Systems, Kongsberg Gruppen, General Dynamics Electric Boat, Corvus Energy, Vard (Fincantieri), Schottel GmbH, Anglo Belgian Corporation (ABC) N.V., Leclanch S.A., Man Energy Solutions SE (Traton Group), Norwegian Electric Systems as (Havyard Group ASA), and Echandia Marine AB. Systems Covered: • Power Generation • Energy Storage Systems • Power Distribution • Power Conversion • Nucleofection Types Covered: • Hybrid • Fully Electric Ship Types Covered: • Defense • Commercial Modes of Operation Covered: • Remotely Operated • Manned • Autonomous Ranges Covered: • <50 km • 50–100 km • 101–1,000 km • >1,000 km Powers Covered: • <75 kW • 75–150 kW • 151–745 kW • 746–7,560 kW Application Covered: • Leisure • Work End Users Covered: • Retrofit • Newbuild & Line Fit Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Ships Market, By System
5.1 Introduction
5.2 Power Generation
5.3 Energy Storage Systems
5.4 Power Distribution
5.5 Power Conversion
6 Global Electric Ships Market, By Type
6.1 Introduction
6.2 Hybrid
6.3 Fully Electric
7 Global Electric Ships Market, By Ship Type
7.1 Introduction
7.2 Defense
7.3 Commercial
8 Global Electric Ships Market, By Mode of Operation
8.1 Introduction
8.2 Remotely Operated
8.3 Manned
8.4 Autonomous
9 Global Electric Ships Market, By Range
9.1 Introduction
9.2 <50 km
9.3 50–100 km
9.4 101–1,000 km
9.5 >1,000 km
10 Global Electric Ships Market, By Power
10.1 Introduction
10.2 <75 kW
10.3 75–150 kW
10.4 151–745 kW
10.5 746–7,560 kW
11 Global Electric Ships Market, By Application
11.1 Introduction
11.2 Leisure
11.3 Work
12 Global Electric Ships Market, By End User
12.1 Introduction
12.2 Retrofit
12.3 Newbuild & Line Fit
13 Global Electric Ships Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa
14 Strategic Benchmarking
15 Vendors Landscape
15.1 General Electric
15.2 ABB
15.3 Siemens
15.4 Wartsila
15.5 Bae Systems
15.6 Kongsberg Gruppen
15.7 General Dynamics Electric Boat
15.8 Corvus Energy
15.9 Vard (Fincantieri)
15.10 Schottel GmbH
15.11 Anglo Belgian Corporation (ABC) N.V.
15.12 Leclanch S.A.
15.13 Man Energy Solutions SE (Traton Group)
15.14 Norwegian Electric Systems as (Havyard Group ASA)
15.15 Echandia Marine AB
List of Data Tables
Table 1 Global Electric Ships Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 3 Global Electric Ships Market Outlook, By Power Generation (2016-2026) ($MN)
Table 4 Global Electric Ships Market Outlook, By Energy Storage Systems (2016-2026) ($MN)
Table 5 Global Electric Ships Market Outlook, By Power Distribution (2016-2026) ($MN)
Table 6 Global Electric Ships Market Outlook, By Power Conversion (2016-2026) ($MN)
Table 7 Global Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 8 Global Electric Ships Market Outlook, By Hybrid (2016-2026) ($MN)
Table 9 Global Electric Ships Market Outlook, By Fully Electric (2016-2026) ($MN)
Table 10 Global Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 11 Global Electric Ships Market Outlook, By Defense (2016-2026) ($MN)
Table 12 Global Electric Ships Market Outlook, By Commercial (2016-2026) ($MN)
Table 13 Global Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 14 Global Electric Ships Market Outlook, By Remotely Operated (2016-2026) ($MN)
Table 15 Global Electric Ships Market Outlook, By Manned (2016-2026) ($MN)
Table 16 Global Electric Ships Market Outlook, By Autonomous (2016-2026) ($MN)
Table 17 Global Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 18 Global Electric Ships Market Outlook, By <50 km (2016-2026) ($MN)
Table 19 Global Electric Ships Market Outlook, By 50–100 km (2016-2026) ($MN)
Table 20 Global Electric Ships Market Outlook, By 101–1,000 km (2016-2026) ($MN)
Table 21 Global Electric Ships Market Outlook, By >1,000 km (2016-2026) ($MN)
Table 22 Global Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 23 Global Electric Ships Market Outlook, By <75 kW (2016-2026) ($MN)
Table 24 Global Electric Ships Market Outlook, By 75–150 kW (2016-2026) ($MN)
Table 25 Global Electric Ships Market Outlook, By 151–745 kW (2016-2026) ($MN)
Table 26 Global Electric Ships Market Outlook, By 746–7,560 kW (2016-2026) ($MN)
Table 27 Global Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 28 Global Electric Ships Market Outlook, By Leisure (2016-2026) ($MN)
Table 29 Global Electric Ships Market Outlook, By Work (2016-2026) ($MN)
Table 30 Global Electric Ships Market Outlook, By End User (2016-2026) ($MN)
Table 31 Global Electric Ships Market Outlook, By Retrofit (2016-2026) ($MN)
Table 32 Global Electric Ships Market Outlook, By Newbuild & Line Fit (2016-2026) ($MN)
Table 33 North America Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 34 North America Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 35 North America Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 36 North America Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 37 North America Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 38 North America Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 39 North America Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 40 North America Electric Ships Market Outlook, By End User (2016-2026) ($MN)
Table 41 Europe Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 42 Europe Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 43 Europe Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 44 Europe Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 45 Europe Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 46 Europe Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 47 Europe Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 48 Europe Electric Ships Market Outlook, By End User (2016-2026) ($MN)
Table 49 Asia Pacific Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 50 Asia Pacific Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 51 Asia Pacific Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 52 Asia Pacific Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 53 Asia Pacific Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 54 Asia Pacific Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 55 Asia Pacific Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 56 Asia Pacific Electric Ships Market Outlook, By End User (2016-2026) ($MN)
Table 57 South America Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 58 South America Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 59 South America Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 60 South America Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 61 South America Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 62 South America Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 63 South America Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 64 South America Electric Ships Market Outlook, By End User (2016-2026) ($MN)
Table 65 Middle East & Africa Electric Ships Market Outlook, By System (2016-2026) ($MN)
Table 66 Middle East & Africa Electric Ships Market Outlook, By Type (2016-2026) ($MN)
Table 67 Middle East & Africa Electric Ships Market Outlook, By Ship Type (2016-2026) ($MN)
Table 68 Middle East & Africa Electric Ships Market Outlook, By Mode of Operation (2016-2026) ($MN)
Table 69 Middle East & Africa Electric Ships Market Outlook, By Range (2016-2026) ($MN)
Table 70 Middle East & Africa Electric Ships Market Outlook, By Power (2016-2026) ($MN)
Table 71 Middle East & Africa Electric Ships Market Outlook, By Application (2016-2026) ($MN)
Table 72 Middle East & Africa Electric Ships Market Outlook, By End User (2016-2026) ($MN)