Global Electric Ships Market Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Electric Ships Market report.
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September 2020 – Corvus Energy secured a contract from Holland Ship Electric to supply lithium-ion-based energy storage systems for five new ships being built by Holland Shipyards Group for GVB, Amsterdam’s municipal public transport provider.
Important Features that are under Offering and Key Highlights of the Market Report:
- Detailed overview of the global market share
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Electric Ships Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
Drivers Restraints
In January 2020, the International Maritime Organization implemented the global Sulphur cap that requires ships operating outside of emission control areas (ECAs) to use low Sulphur fuels. Ships need to utilize fuels with a Sulphur content of 0.5% or less, as compared to the previous limit of 3.5% or less. However, unlike the residual fuels used by the majority of the ships, the cost of compliant fuels is expected to be around 50% higher. Furthermore, according to the International Chamber of Shipping (ICS), a collective cost of USD 50 billion to the industry is expected owing to the new regulations with an additional price spike. It is attributed to the early uncertainty regarding the availability of compliant fuels. Hence, the increasing adoption of environment-friendly electric ships is expected among ship operators. It can also help to reduce operating costs. These factors are set to fuel the electric ships market growth.
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Key players covered in the global Electric Ships Market research report:
- Kongsberg (Norway)
- Leclanche (Switzerland)
- Corvus Energy (Canada)
- Echandia Marine AB (Sweden)
- Siemens (Germany)
- Vard (part of Fincantieri SpA) (Norway)
- Norwegian Electric Systems (Norway)
- General Dynamics Electric Boat (U.S.)
- MAN Energy Solutions SE (Germany)
- Wartsila (Finland)
- Schottel Group (Germany)
- Anglo Belgian Corporation NV (Belgium)
- Eco Marine Power (Japan)
- Akasol AG (Germany)
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Major Table of Contents for Electric Ships Market Research Report:
- Introduction
- Executive Summary
- Market Dynamics
- Key Market Growth Insights
- Global Market Analysis, Insights and Forecast, 2017-2028
- North America Market Analysis, Insights and Forecast, 2017-2028
- Europe Market Analysis, Insights and Forecast, 2017-2028
- Asia Pacific Market Analysis, Insights and Forecast, 2017-2028
- The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028
- Latin America Market Analysis, Insights and Forecast, 2017-2028
- Competitive Landscape
- Global Electric Ships Market Revenue Growth, Industry Share Analysis, By Key Players, 2021
- Company Profiles
- Conclusion
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