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The Global Hybrid and Full Electric Marine Propulsion market is expected to reach $8, 158.13 million by 2026 growing at a CAGR of 10.9% during 2018 to 2026. Marine force is a mechanism used to produce thrust to move a ship. Battery packs are used for propulsion in hybrid and full electric marine propulsion systems. Increasing usage of ferries for transportation purposes in coastal waterways is driving the market growth. On the other hand, strict rules and regulations and volatility in crude oil are hindering the market growth. Moreover, increasing adaption of marine propulsion technology is one of the major opportunities for the market growth. Based on Propulsion Type, Full Electric Vessel segment is anticipated to grow at significant market share during the forecast period due to significant majority of water vessels are powered by diesel engines, with sail power and gasoline engines also popular, boats powered by electricity have been used. The key vendors mentioned are AB Volvo Penta, BAE Systems, Caterpillar Inc, Cummins Inc, Fairbanks Morse Engine, MAN Diesel & Turbo SE, Masson-Marine S.A.S, Niigata Power Systems Co., Ltd, Rolls Royce Plc, STEYR MOTORS GmbH, Torqeedo GmbH and Wärtsilä Corporation. Ship Types Covered: • Anchor Handling Tug Supply (AHTS) Vessels • Cruise Liner • Motor Ferry • Naval Ships • Platform Supply Vessel (PSV) • Small Cargo Ships • Submarines • Yachts Propulsion Types Covered: • Hybrid Vessel • Full Electric Vessel Dead weights Covered: • 5K-10K Dead Weight Tonnage (DWT) • Less Than 5K Dead Weight Tonnage (DWT) • More Than 10K Dead Weight Tonnage (DWT) RPM's Covered: • 0-1,000 RPM • 1,001-2,500 RPM • Above 2500 RPM Power Ratings Covered: • 0-300 kW • 301-500 kW Applications Covered: • Commercial • Logistics • Naval • Offshore Drilling 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 Hybrid and Full Electric Marine Propulsion Market, By Ship Type
5.1 Introduction
5.2 Anchor Handling Tug Supply (AHTS) Vessels
5.3 Cruise Liner
5.4 Motor Ferry
5.5 Naval Ships
5.6 Platform Supply Vessel (PSV)
5.7 Small Cargo Ships
5.8 Submarines
5.9 Yachts
6 Global Hybrid and Full Electric Marine Propulsion Market, By Propulsion Type
6.1 Introduction
6.2 Hybrid Vessel
6.3 Full Electric Vessel
7 Global Hybrid and Full Electric Marine Propulsion Market, By Deadweight
7.1 Introduction
7.2 5K-10K Dead Weight Tonnage (DWT)
7.3 Less Than 5K Dead Weight Tonnage (DWT)
7.4 More Than 10K Dead Weight Tonnage (DWT)
8 Global Hybrid and Full Electric Marine Propulsion Market, By RPM
8.1 Introduction
8.2 0-1,000 RPM
8.3 1,001-2,500 RPM
8.4 Above 2500 RPM
9 Global Hybrid and Full Electric Marine Propulsion Market, By Power Rating
9.1 Introduction
9.2 0-300 kW
9.3 301-500 kW
10 Global Hybrid and Full Electric Marine Propulsion Market, By Application
10.1 Introduction
10.2 Commercial
10.3 Logistics
10.4 Naval
10.5 Offshore Drilling
11 Global Hybrid and Full Electric Marine Propulsion Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape
13.1 AB Volvo Penta
13.2 BAE Systems
13.3 Caterpillar Inc
13.4 Cummins Inc
13.5 Fairbanks Morse Engine
13.6 MAN Diesel & Turbo SE
13.7 Masson-Marine S.A.S
13.8 Niigata Power Systems Co Ltd
13.9 Rolls Royce Plc
13.10 STEYR MOTORS GmbH
13.11 Torqeedo GmbH
13.12 Wärtsilä Corporation
List of Data Tables
1 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Region (2016-2026) ($MN)
2 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
3 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Anchor Handling Tug Supply (AHTS) Vessels (2016-2026) ($MN)
4 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Cruise Liner (2016-2026) ($MN)
5 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Motor Ferry (2016-2026) ($MN)
6 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Naval Ships (2016-2026) ($MN)
7 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Platform Supply Vessel (PSV) (2016-2026) ($MN)
8 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Small Cargo Ships (2016-2026) ($MN)
9 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Submarines (2016-2026) ($MN)
10 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Yachts (2016-2026) ($MN)
11 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
12 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Hybrid Vessel (2016-2026) ($MN)
13 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Full Electric Vessel (2016-2026) ($MN)
14 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Deadweight (2016-2026) ($MN)
15 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By 5K-10K Dead Weight Tonnage (DWT) (2016-2026) ($MN)
16 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Less Than 5K Dead Weight Tonnage (DWT) (2016-2026) ($MN)
17 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By More Than 10K Dead Weight Tonnage (DWT) (2016-2026) ($MN)
18 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
19 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By 0-1,000 RPM (2016-2026) ($MN)
20 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By 1,001-2,500 RPM (2016-2026) ($MN)
21 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Above 2500 RPM (2016-2026) ($MN)
22 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
23 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By 0-300 kW (2016-2026) ($MN)
24 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By 301-500 kW (2016-2026) ($MN)
25 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
26 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Commercial (2016-2026) ($MN)
27 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Logistics (2016-2026) ($MN)
28 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Naval (2016-2026) ($MN)
29 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Offshore Drilling (2016-2026) ($MN)
30 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
31 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
32 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Deadweight (2016-2026) ($MN)
33 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
34 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
35 Global Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
36 North America Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
37 North America Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
38 North America Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
39 North America Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
40 North America Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
41 Europe Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
42 Europe Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
43 Europe Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
44 Europe Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
45 Europe Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
46 Asia Pacific Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
47 Asia Pacific Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
48 Asia Pacific Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
49 Asia Pacific Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
50 Asia Pacific Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
51 South America Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
52 South America Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
53 South America Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
54 South America Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
55 South America Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)
56 Middle East & Africa Hybrid and Full Electric Marine Propulsion Market Outlook, By Ship Type (2016-2026) ($MN)
57 Middle East & Africa Hybrid and Full Electric Marine Propulsion Market Outlook, By Propulsion Type (2016-2026) ($MN)
58 Middle East & Africa Hybrid and Full Electric Marine Propulsion Market Outlook, By RPM (2016-2026) ($MN)
59 Middle East & Africa Hybrid and Full Electric Marine Propulsion Market Outlook, By Power Rating (2016-2026) ($MN)
60 Middle East & Africa Hybrid and Full Electric Marine Propulsion Market Outlook, By Application (2016-2026) ($MN)