1 / 6

Electric Ship Market

The primary factors contributing to the growth of the global electric ship market include the implementation of the Sulfur 2020 Rule, growing adoption of hybrid and electric propulsion for retrofitting of ships, increasing marine time tourism industry, rising development of lithium-ion batteries, along with growing seaborne trades across the world.

ShaqibAkram
Download Presentation

Electric Ship Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Electric Ship Market Electric Ship Market By Type (Fully Electric and Hybrid), By System (Energy Storage Systems, Power Conversion, Generation, and Power Distribution), By Mode of Operation (Manned, Remotely Operated and Autonomous), By Ship Type (Commercial and Defence), By Power (<75 kW, 75-150 kW, 151-745 kW, and 756- 7,560 kW), By Range (1,000 km), By End Use (Newbuild and Line Fit, and Retrofits), and By Region – Global Opportunities and Forecast, 2020-2027 Power GMI Research GMI Research See the Future Insights 1

  2. The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Electric Ship Market: The primary factors contributing to the growth of the global electric ship market include the implementation of the Sulfur 2020 Rule, growing adoption of hybrid and electric propulsion for retrofitting of ships, increasing marine time tourism industry, rising development of lithium-ion batteries, along with growing seaborne trades across the world. The increasing aim of decreasing harmful emissions from ships at a global level is further surging the growth of the market. For example, in 2018, the European Union launched a study on compliance with the sulfur needs for marine fuels to decrease all liquid fuels' sulfur content. These amendments are focusing on reducing contaminants at sea, coupled with air, which are expected to bolster market growth in the upcoming years. In addition to this, potential in charging of batteries through renewable energy resources such as wind energy or solar, increasing adoption of hybrid propulsion technologies in hybrid ships, and rising development of high powered batteries are creating new opportunities for the growth of the market. On the other hand, the restricted capacity of fully-electric ships and high downtime in retrofitting of ships will hinder the growth of the market. This report splits the Electric Ship Market as follows: By Type: •Fully Electric o Lithium Battery o Lead Acid Battery o Electro-Solar o Fuel Cells •Hybrid 2

  3. o Diesel & Battery Driven o LPG/LNG & Battery Driven By System: •Energy Storage Systems o <1,000 kW o 1,000 - 5,000 kW o >5,000 kW •Power Conversion •Power Generation o Generators o Engines o Propulsion Motors •Power Distribution By Mode of Operation: •Manned •Remotely Operated •Autonomous By Ship Type: •Commercial o Passenger Vessels ▪ Yachts ▪ Ferries ▪ Cruise Ships o Cargo Vessels ▪ Container Vessels ▪ Bulk Vessels ▪ Tankers ▪ General Cargo Ships o Others ▪ Fishing Vessels ▪ Dredgers ▪ Tugs, & Workboats ▪ Research Vessels 3

  4. ▪ Submarine •Defence o Destroyers o Frigates o Corvettes o Offshore Support Vessels (OSV) o Aircraft Carriers o Submarine By Power: •<75 kW •75-150 kW •151-745 kW •756-7,560 kW By Range: •<50 km •50-100 km •101-1,000 km •>1,000 km By End-Use: •Newbuild and Line Fit •Retrofits By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom 4

  5. oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: The electric ship market report also scans the competitive landscape and profiles the major players operating in the market including Wartsila Corporation, General Electric, Vard Group AS, Kongsberg Gruppen, Leclanche SA, BAE Systems plc, Norwegian Electric Systems, Siemens AG, MAN Energy Solutions SE, Corvus Energy, and General Dynamics Electric Boat. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. 5

  6. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 6

More Related