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Electric Ships Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Battery Electric Ships, Plug-In Hybrid Electric Ships, and Hybrid Electric Ships), Power (Less Than 75 KW, 75 - 150 KW, 151 - 745 KW, 746 - 7560 KW, and More Than 7560 KW), Range (Less Than 50 Km, 50 - 100 Km, 101 - 1000 Km, and More Than 1000 Km), and Ship Type (Cruise Ships, Ferries, Tankers, Bulk Carriers, Fishing Vessels, Destroyers, Aircraft Carriers, and Others)
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Electric Ships Market Global Analysis and Forecast to 2028 Published Date : Mar 2022 Email: sales@theinsightpartners.com
Email: sales@theinsightpartners.com Report Studies Electric Ships Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Battery Electric Ships, Plug-In Hybrid Electric Ships, and Hybrid Electric Ships), Power (Less Than 75 KW, 75 - 150 KW, 151 - 745 KW, 746 - 7560 KW, and More Than 7560 KW), Range (Less Than 50 Km, 50 - 100 Km, 101 - 1000 Km, and More Than 1000 Km), and Ship Type (Cruise Ships, Ferries, Tankers, Bulk Carriers, Fishing Vessels, Destroyers, Aircraft Carriers, and Others) The Electric Ships Market is expected to grow from US$ 3.82 billion in 2021 to US$ 7.76 billion by 2028; it is estimated to grow at a CAGR of 10.3% from 2021 to 2028. 2
Email: sales@theinsightpartners.com Electric Ships Market Overview Several marine industry associations are focusing on reducing the gas emission from the shipping industry. For instance, according to a report published by the Norwegian Ministry of Climate and Environment, in April 2018, International Maritime Organization (IMO) adopted a plan for reducing greenhouse gas emissions from international shipping by at least 50% by the end of 2050 compared with the level in 2008. Additionally, the IMO strategy includes ambitions to improve the energy efficiency of each ship and to reduce the carbon intensity of the whole marine industry by reducing emissions per unit of transport work done by at least 40% by 2030 and further towards 70% by 2050, according to report published by the Norwegian Ministry of Climate and Environment. Also, in January 2020, according to IMO 2020 regulation, the IMO 2020 rule limits the use of Sulphur in the fuel oil used on board ships operating outside designated emission control areas to 0.50% m/m (mass by mass), a significant reduction from the previous limit of sulfur content by 3.50%. This has also resulted in switching the existing diesel-driven engines with electric or hybrid propulsion systems by the ship integrators and owners. 3
Email: sales@theinsightpartners.com Key Segment Market Segment By Type:- By Type (Battery Electric Ships, Plug-In Hybrid Electric Ships, and Hybrid Electric Ships) Power (Less Than 75 KW, 75 - 150 KW, 151 - 745 KW, 746 - 7560 KW, and More Than 7560 KW) Range (Less Than 50 Km, 50 - 100 Km, 101 - 1000 Km, and More Than 1000 Km) Ship Type (Cruise Ships, Ferries, Tankers, Bulk Carriers, Fishing Vessels, Destroyers, Aircraft Carriers, and Others) Download Sample Here 4
Email: sales@theinsightpartners.com $50,000 Electric Ships Market Value $40,000 $30,000 CAGR of 10.3% $20,000 (2021 - 2028) $10,000 $0 20XX 20XX 20XX 20XX 20XX Download Sample 5
Email: sales@theinsightpartners.com Company Profiles BAE Systems Duffy Electric Boat Company FjellstrandAS X Shore General Dynamic Electric Boat Hurtigruten MAN Energy Solutions PortLiner Siemens Energy VARD AS Download Sample Here 6
Email: sales@theinsightpartners.com By Geography North America (the US, Canada, and Mexico) Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe) Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific) Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa) South & Central America (Brazil, Argentina, and the Rest of South & Central America). 7
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