European Waters_ Projecting Growth in the Electric Boats Market

1. Electric Boats Industry worth $7.7 Billion by 2030 Sign In Search Reports VIEW FULL TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF The report "Electric Boats Market by End Use (Recreational Boats, Commercial Boats, Military & Law Enforcements Boats), Boat Power (< 5kW, 5-30kW, >30kW), Boat Size (< 20ft, 20-50ft, >50ft), Power Source, Hull Design and Region - Global Forecast to 2030" The Electric Boats Market size is projected to grow from USD 3.3 billion in 2023 to USD 7.7 Billion by 2030, at a CAGR of 13.0% from 2023 to 2030. The increase in need for sustainable recreational boating solutions is driving growth in the market. Browse 251 market data Tables and 36 Figures spread through 234 Pages and in-depth TOC on "Electric Boats Market by End Use (Recreational Boats, Commercial Boats, Military & Law Enforcements Boats), Boat Power (< 5kW, 5-30kW, >30kW), Boat Size (< 20ft, 20-50ft, >50ft), Power Source, Hull Design and Region - Global Forecast to 2030" View detailed Table of Content here - https://www.marketsandmarkets.com/Market- Reports/electric-boat-market-260762373.html The Recreational boats segment is projected to hold the largest market share during the forecast period. Based on the end use, the recreational boat segment is projected to hold the largest market share during the forecast period. Recreational boaters often value cost savings in the long run. Electric boats have lower operating and maintenance costs compared to traditional boats due to their simplified propulsion systems and reduced fuel and maintenance requirements. Electric boats are sparking innovation in boat design. Manufacturers are developing unique and stylish electric boat models that appeal to consumers who are looking for a modern and distinctive watercraft. The <5 kW is projected to hold largest share of Electric Boats Market during the forecast period. Based on boat power, the <5kW segment is projected to hold the largest market share during the forecast period. Very small electric boats with low power output are well-suited for recreational and leisure activities, such as relaxing cruises, fishing trips, and family outings. Their low power requirements are sufficient for these types of activities, making them an attractive option for individuals and families looking for casual and enjoyable experiences on the water. An < 20 ft segment to have large market share during the forecast period. Based on boat size, The <20 ft segment is expected have larger market share during forecast period. Smaller electric boats are often easier to operate, especially for beginners and recreational users. They typically have simpler control systems and navigation requirements, making them accessible to a wider audience. As urban mobility concepts evolve, smaller electric boats can be integrated into multimodal transportation networks, offering convenient and sustainable alternatives for short-distance water travel within cities. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info. X   REQUEST FREE SAMPLE REPORT Call Email

2. North America is expected to account for the largest share in 2023. The Electric Boats Market industry has been studied in North America, Europe, Asia Pacific, and Rest of the World. North America accounted for the largest market share in 2023. North America boasts a wide range of water bodies, including oceans, lakes, rivers, and bays. Each type of water body offers unique opportunities for boating and water-based activities. Electric boats, with their quiet and emission-free operation, are well-suited for exploring these diverse environments without disturbing the natural surroundings or local wildlife. Key players such as Brunswick Corporation (US), Groupe Beneteau (France), Greenline Yachts (Slovenia), Candela (Sweden), and Silent Yachts (Austria) are working toward developing advanced electric boating solutions utilizing renewable energy sources and new developed hull designs. Don’t miss out on business opportunities in Electric Boats Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441

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4. Speak to Analyst OR FACE-TO-FACE MEETING PERSONALIZE THIS RESEARCH Triangulate with your Own Data Get Data as per your Format and Definition Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor Any level of Personalization REQUEST A FREE CUSTOMIZATION LET US HELP YOU! What are the Known and Unknown Adjacencies Impacting the Electric Boats Market What will your New Revenue Sources be? Who will be your Top Customer; what will make them switch? Defend your Market Share or Win Competitors Get a Scorecard for Target Partners CUSTOMIZED WORKSHOP REQUEST