Electric Boats & Ships Market

Toward the end of forecast year, the electric boats & ships market size will reach a market value of around US$10.87 Bn.

The market for electric boats & ships is all set for a robust CAGR of 11% during the assessment period, 2023 - 2030.

By propulsion technology, the hybrid category remains sought-after. Based on carriage type, the passenger category will dominate the electric boats & ships market throughout the forecast period.

Europe will remain the dominant regional market for electric boats & ships, whereas Asia Pacific will display a significant CAGR over the forecast period.

Vision Marine Technologies Inc., Wärtsilä, Grove Boats SA, Leclanche S.A., Siemens AG, Navalt, Inc., Ruban Bleu, ElectraCraft Boats, Greenline Yachts, Domani Yachts, Ganz Boats GmbH, Quadrofoil, Duffy Electric Boats, Groupe Beneteau, Hyundai Heavy Industries (Hyundai Electric Limited), Daewoo Shipbuilding and Marine Engineering (DSME), ABB Ltd, and Corvus Energy are some of the major companies steering the competitive landscape of the global electric boats & ships market.