Electric Ship Market Segment Analysis By Type, By Length, By Power Source, By Power Output, By Autonomy Type, By Vessel Type, By Application, By Region, And Segment Forecasts, 2023 - 2030
San Francisco, 28 March 2024: The Report Electric Ship Market Size, Share & Trends Analysis By Type (Inboard, Outboard), By Length, By Power Source (Fully Electric, Hybrid), By Power Output, By Autonomy Type, By Vessel Type, By Application, By Region, And Segment Forecasts, 2023 - 2030 The global electric ship market size is projected to reach USD 14.12 billion by 2030, growing at a CAGR of 11.9% during the forecast period, according to a recent analysis from Grand View Research, Inc. The growing sensitivity of various international maritime authorities toward a cleaner environment has supported the demand for a zero-emission marine electric vessel. Additionally, the rising adoption of electric ships for inland cargo and passenger transportation is anticipated to boost the market’s growth over the forecast period. Marine vessels with conventional internal combustion engine-based propulsion systems and propellers are directly connected to the engine with the shaft, creating