Electric Boat And Ship Market - Forecast(2023 - 2028)

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Electric Boat And Ship Market Forecast (2023 -
2028)
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• The global Electric Boat and Ship Market is
  estimated to surpass 10.4 billion mark by 2026
  growing at an estimated CAGR of more than
  11.1 during the forecast period 2021 to 2026.
  The market growth is mainly driven by the factors
  such as increased maritime transport and
  commercial ships demand, increased seaborne
  trades, and increased disposable income.
• The factors such as less pollution and less
  damage to aquatic animals, as the electric marine
  vessels does not emit harmful gases are also set
  to drive the market growth. 

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• Key Takeaways
• Development of new technologies like propulsion
  technology and increase in the seaborne trade
  across the globe and growing maritime tourism
  industry are the major factors influencing the
  growth of electric boats and ship market.
• Europe has the highest share in the market.
  Government regulation has been imposed on
  shipping industry for the increased fuel
  emission. European commission published
  compliance with the sulphur standards for marine
  fuels.  Such regulation has made the increased
  investments on electric ships and boats.

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• By Distribution Channel- Segment Analysis
• Fully electric ships and boats use batteries or
  solar power and are projected to grow at
  the fastest rate of 14.2 through 2026. The
  carrying capacity of electric ships and boats are
  low compared to the conventional marine vessels
  which hinders market growth. However the
  Hybrid-Electric propulsion system produces less
  pollution which drives adoption. 
• The power supplied to the propulsion is supplied
  from the natural gas generator. Hybrid technology
  is capable of reducing fuel consumption by 20.
  It also lowers around 15 of carbon dioxide
  emission from ships and Is thus witnessing
  growing penetration.

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• Electric Boat and Ship Market
• Corvus Energy
• Kongsberg
• General Dynamics
• Leclanche
• Echandia Marine
• Fincanteiri SpA
• Siemens
• Norweigian Electric Systems
• General Electric

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Electric Boat and Ship Market Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Electric-Boat-And-Ship-Market-Research-509156
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_
• https//www.industryarc.com/purchasereport.php?id
  509156

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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