Report Cover

Electric Ships Market Size By Power Source (Electric, Hybrid), By System (Energy Storage, Power Conversion, Power Generation, Power Distribution), By Operation (Manned, Autonomous), By Platform (Commercial, Defense), By End-Use (Line Fit, Retro Fit), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027


The electric ships market is projected to register significant expansion by 2027 on account of increasing integration of information technology in the marine industry. Moreover, introduction of favorable regulations to reduce GHG emissions is likely to drive product adoption over the forecast timeline.

Electric ships are powered using electricity and can be either fully electric or hybrid depending on the battery capacity and efficiency. Recently, surging emphasis on reducing carbon emissions in the shipping industry has spurred several technological advancements focused on energy storage devices, thereby positively influencing product outlook. Moreover, to address growing concerns regarding rising CO2 emissions, industry players have been actively engaging in lucrative strategies, which has favorably impacted business growth. 

For instance, in August 2021, Wellington Electric Boat Building Co., a leading manufacturer of fully electric passenger ferries, launched the first electric passenger ferry in the Southern Hemisphere for a local ferry company named East by West. The electric passenger ferry has been designed to replace the loud engine noise and emissions produced by the conventional diesel-fueled passenger boats that are commonly seen in New Zealand.

The electric ships market has been segmented based on end-use, power source, platform, system, operation, and region. With respect to power source, the market has further been divided into hybrid and electric. 

The hybrid sub-segment held a substantial market share of over 90% in 2020 and is slated to exhibit robust growth through the assessment period. Hybrid power systems help cover a longer range in terms of nautical miles, which is likely to drive segmental growth in the coming years.

On the basis of system, the electric ships market has been categorized into power distribution, energy storage, power generation, and power conversion. The power distribution sub-segment is anticipated to showcase a solid growth trajectory over the forecast period. The capacity of power distribution systems to draw power from multiple sources and channelize it across the vessel effectively is estimated to augment segmental expansion over 2021-2027.

From the operation point of view, the market has been classified into autonomous and manned. The manned sub-segment dominates the industry with more than 90% share and is poised to grow steadily over the review timeline. This growth is attributed to limited developments in automation technologies and a lack of regulations for autonomous ships.

With respect to platform, the electric ships market has been segregated into commercial and defense. In 2020, the commercial sub-segment held a considerable share in the industry and is speculated to observe steady growth at a CAGR of approximately 9% through the analysis timeline. Mounting focus on electrification of ships in the commercial sector is likely to facilitate revenue growth of the segment through 2027.

In terms of end-use, the electric ships market has been bifurcated into retro fit and line fit. The retro fit sub-segment is foreseen to garner notable gains by 2027 owing to the prevalent trend of electrification of conventional ships.

On the regional spectrum, the Middle East & Africa electric ships market is expected to reach a sizable valuation by the end of 2027. The booming defense industry in countries like Israel and Turkey is set to foster regional market growth over the study period.
Report Content
Chapter 1   Methodology and Scope
1.1    Definitions & forecast parameters
1.1.1    Definitions
1.1.2    Methodology and forecast parameters
1.2    Data Sources
1.2.1    Secondary
1.2.2    Primary
Chapter 2   Executive Summary
2.1    Electric ships industry 360 degree synopsis, 2017 - 2027
2.1.1    Business trends
2.1.2    Power source trends
2.1.3    System trends
2.1.4    Operation trends
2.1.5    Platform trends
2.1.6    End-use trends
2.1.7    Regional trends
Chapter 3   Industry Insights
3.1    Industry segmentation
3.2    Impact of COVID-19 on electric ships industry landscape
3.2.1    Global outlook
3.2.2    Regional impact
3.2.2.1    North America
3.2.2.2    Europe
3.2.2.3    Asia Pacific
3.2.2.4    Latin America
3.2.2.5    MEA
3.2.3    Industry value chain
3.2.3.1    Research & development
3.2.3.2    Manufacturing
3.2.3.3    Marketing
3.2.3.4    Supply
3.2.4    Competitive landscape
3.2.4.1    Strategy
3.2.4.2    Distribution network
3.2.4.3    Business growth
3.3    Industry ecosystem analysis
3.3.1    Component suppliers
3.3.2    System integrators
3.3.3    Distribution channel analysis
3.3.4    Vendor matrix
3.4    Evolution of electric ship technology
3.5    Technology & innovation landscape
3.6    Regulatory landscape
3.6.1    North America
3.6.2    Europe
3.6.3    Asia Pacific
3.6.4    Latin America
3.6.5    MEA
3.7    Industry impact forces
3.7.1    Growth drivers
3.7.1.1    Introduction of new regulations limiting Green House Gas (GHG) emissions from the shipping industry
3.7.1.2    Technological advancements in energy storage devices
3.7.1.3    Integration of Information technology into the marine industry
3.7.1.4    Rising investments from the defense sector
3.7.2    Industry pitfalls & challenges
3.7.2.1    Limited range and capacity of fully-electric ships
3.7.2.2    High initial costs and low availability of vessels
3.8    Growth potential analysis
3.9    Porter's analysis
3.9.1    Supplier power
3.9.2    Buyer power
3.9.3    Threat of new entrants
3.9.4    Threat of substitutes
3.9.5    Internal rivalry
3.10    PESTEL analysis
Chapter 4   Competitive Landscape
4.1    Introduction
4.2    Company market share analysis, 2020
4.3    Competitive analysis of ship OEM market players, 2020
4.3.1    Damen Shipyards Group
4.3.2    Guangzhou Shipyard International Company Ltd.
4.3.3    TSUNEISHI SHIPBUILDING Co., Ltd.
4.3.4    Tersan Shipyard
4.3.5    HAV Group
4.4    Competitive analysis of component and technology providers, 2020
4.4.1    Kongsberg Gruppen
4.4.2    Siemens
4.4.3    BAE Systems
4.4.4    ABB
4.4.5    Wartsila
4.4.6    Schottel GmbH
4.4.7    Akasol AG
Chapter 5   Electric Ships Market, By Power Source
5.1    Key trends, by power source
5.2    Electric
5.2.1    Market estimates and forecast, 2017 - 2027
5.3    Hybrid
5.3.1    Market estimates and forecast, 2017 - 2027
Chapter 6   Electric Ships Market, By System
6.1    Key trends, by system
6.2    Energy storage
6.2.1    Market estimates and forecast, 2017 - 2027
6.3    Power conversion
6.3.1    Market estimates and forecast, 2017 - 2027
6.4    Power generation
6.4.1    Market estimates and forecast, 2017 - 2027
6.5    Power distribution
6.5.1    Market estimates and forecast, 2017 - 2027
Chapter 7   Electric Ships Market, By Operation
7.1    Key trends, by operation
7.2    Manned
7.2.1    Market estimates and forecast, 2017 - 2027
7.3    Autonomous
7.3.1    Market estimates and forecast, 2017 - 2027
Chapter 8   Electric Ships Market, By Platform
8.1    Key trends, by platform
8.2    Commercial
8.2.1    Market estimates and forecast, 2017 - 2027
8.3    Defense
8.3.1    Market estimates and forecast, 2017 - 2027
Chapter 9   Electric Ships Market, By End-Use
9.1    Key trends, by end-use
9.2    Line fit
9.2.1    Market estimates and forecast, 2017 - 2027
9.3    Retro fit
9.3.1    Market estimates and forecast, 2017 - 2027
Chapter 10   Electric Ships Market, By Region
10.1    Key trends, by region
10.2    North America
10.2.1    Market estimates and forecast, by power source, 2017 - 2027
10.2.2    Market estimates and forecast, by system, 2017 - 2027
10.2.3    Market estimates and forecast, by operation, 2017 - 2027
10.2.4    Market estimates and forecast, by platform, 2017 - 2027
10.2.5    Market estimates and forecast, by end-use, 2017 - 2027
10.2.6    U.S.
10.2.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.2.6.2    Market estimates and forecast, by system, 2017 - 2027
10.2.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.2.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.2.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.2.7    Canada
10.2.7.1    Market estimates and forecast, by power source, 2017 - 2027
10.2.7.2    Market estimates and forecast, by system, 2017 - 2027
10.2.7.3    Market estimates and forecast, by operation, 2017 - 2027
10.2.7.4    Market estimates and forecast, by platform, 2017 - 2027
10.2.7.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3    Europe
10.3.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.2    Market estimates and forecast, by system, 2017 - 2027
10.3.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3.6    France
10.3.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.6.2    Market estimates and forecast, by system, 2017 - 2027
10.3.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3.7    Norway
10.3.7.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.7.2    Market estimates and forecast, by system, 2017 - 2027
10.3.7.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.7.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.7.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3.8    Netherlands
10.3.8.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.8.2    Market estimates and forecast, by system, 2017 - 2027
10.3.8.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.8.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.8.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3.9    UK
10.3.9.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.9.2    Market estimates and forecast, by system, 2017 - 2027
10.3.9.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.9.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.9.5    Market estimates and forecast, by end-use, 2017 - 2027
10.3.10    Russia
10.3.10.1    Market estimates and forecast, by power source, 2017 - 2027
10.3.10.2    Market estimates and forecast, by system, 2017 - 2027
10.3.10.3    Market estimates and forecast, by operation, 2017 - 2027
10.3.10.4    Market estimates and forecast, by platform, 2017 - 2027
10.3.10.5    Market estimates and forecast, by end-use, 2017 - 2027
10.4    Asia Pacific
10.4.1    Market estimates and forecast, by power source, 2017 - 2027
10.4.2    Market estimates and forecast, by system, 2017 - 2027
10.4.3    Market estimates and forecast, by operation, 2017 - 2027
10.4.4    Market estimates and forecast, by platform, 2017 - 2027
10.4.5    Market estimates and forecast, by end-use, 2017 - 2027
10.4.6    China
10.4.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.4.6.2    Market estimates and forecast, by system, 2017 - 2027
10.4.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.4.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.4.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.4.7    Japan
10.4.7.1    Market estimates and forecast, by power source, 2017 - 2027
10.4.7.2    Market estimates and forecast, by system, 2017 - 2027
10.4.7.3    Market estimates and forecast, by operation, 2017 - 2027
10.4.7.4    Market estimates and forecast, by platform, 2017 - 2027
10.4.7.5    Market estimates and forecast, by end-use, 2017 - 2027
10.4.8    South Korea
10.4.8.1    Market estimates and forecast, by power source, 2017 - 2027
10.4.8.2    Market estimates and forecast, by system, 2017 - 2027
10.4.8.3    Market estimates and forecast, by operation, 2017 - 2027
10.4.8.4    Market estimates and forecast, by platform, 2017 - 2027
10.4.8.5    Market estimates and forecast, by end-use, 2017 - 2027
10.4.9    New Zealand
10.4.9.1    Market estimates and forecast, by power source, 2017 - 2027
10.4.9.2    Market estimates and forecast, by system, 2017 - 2027
10.4.9.3    Market estimates and forecast, by operation, 2017 - 2027
10.4.9.4    Market estimates and forecast, by platform, 2017 - 2027
10.4.9.5    Market estimates and forecast, by end-use, 2017 - 2027
10.5    Latin America
10.5.1    Market estimates and forecast, by power source, 2017 - 2027
10.5.2    Market estimates and forecast, by system, 2017 - 2027
10.5.3    Market estimates and forecast, by operation, 2017 - 2027
10.5.4    Market estimates and forecast, by platform, 2017 - 2027
10.5.5    Market estimates and forecast, by end-use, 2017 - 2027
10.5.6    Brazil
10.5.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.5.6.2    Market estimates and forecast, by system, 2017 - 2027
10.5.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.5.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.5.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.5.7    Colombia
10.5.7.1    Market estimates and forecast, by power source, 2017 - 2027
10.5.7.2    Market estimates and forecast, by system, 2017 - 2027
10.5.7.3    Market estimates and forecast, by operation, 2017 - 2027
10.5.7.4    Market estimates and forecast, by platform, 2017 - 2027
10.5.7.5    Market estimates and forecast, by end-use, 2017 - 2027
10.6    MEA
10.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.6.2    Market estimates and forecast, by system, 2017 - 2027
10.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.6.6    Iran
10.6.6.1    Market estimates and forecast, by power source, 2017 - 2027
10.6.6.2    Market estimates and forecast, by system, 2017 - 2027
10.6.6.3    Market estimates and forecast, by operation, 2017 - 2027
10.6.6.4    Market estimates and forecast, by platform, 2017 - 2027
10.6.6.5    Market estimates and forecast, by end-use, 2017 - 2027
10.6.7    Egypt
10.6.7.1    Market estimates and forecast, by power source, 2017 - 2027
10.6.7.2    Market estimates and forecast, by system, 2017 - 2027
10.6.7.3    Market estimates and forecast, by operation, 2017 - 2027
10.6.7.4    Market estimates and forecast, by platform, 2017 - 2027
10.6.7.5    Market estimates and forecast, by end-use, 2017 - 2027
10.6.8    Israel
10.6.8.1    Market estimates and forecast, by power source, 2017 - 2027
10.6.8.2    Market estimates and forecast, by system, 2017 - 2027
10.6.8.3    Market estimates and forecast, by operation, 2017 - 2027
10.6.8.4    Market estimates and forecast, by platform, 2017 - 2027
10.6.8.5    Market estimates and forecast, by end-use, 2017 - 2027
10.6.9    Turkey
10.6.9.1    Market estimates and forecast, by power source, 2017 - 2027
10.6.9.2    Market estimates and forecast, by system, 2017 - 2027
10.6.9.3    Market estimates and forecast, by operation, 2017 - 2027
10.6.9.4    Market estimates and forecast, by platform, 2017 - 2027
10.6.9.5    Market estimates and forecast, by end-use, 2017 - 2027
Chapter 11   Company Profiles
11.1    ABB Limited
11.1.1    Business Overview
11.1.2    Financial Data
11.1.3    Product Landscape
11.1.4    Strategic Outlook
11.1.5    SWOT Analysis
11.2    Akasol AG
11.2.1    Business Overview
11.2.2    Financial Data
11.2.3    Product Landscape
11.2.4    Strategic Outlook
11.2.5    SWOT Analysis
11.3    Anglo Belgian Corporation (ABC)
11.3.1    Business Overview
11.3.2    Financial Data
11.3.3    Product Landscape
11.3.4    Strategic Outlook
11.3.5    SWOT Analysis
11.4    BAE Systems PLC
11.4.1    Business Overview
11.4.2    Financial Data
11.4.3    Product Landscape
11.4.4    Strategic Outlook
11.4.5    SWOT Analysis
11.5    Corvus Energy
11.5.1    Business Overview
11.5.2    Financial Data
11.5.3    Product Landscape
11.5.4    Strategic Outlook
11.5.5    SWOT Analysis
11.6    Damen Shipyards Group N.V.
11.6.1    Business Overview
11.6.2    Financial Data
11.6.3    Product Landscape
11.6.4    Strategic Outlook
11.6.5    SWOT Analysis
11.7    Echandia Marine AB
11.7.1    Business Overview
11.7.2    Financial Data
11.7.3    Product Landscape
11.7.4    Strategic Outlook
11.7.5    SWOT Analysis
11.8    Eco Marine Power Co. Ltd.
11.8.1    Business Overview
11.8.2    Financial Data
11.8.3    Product Landscape
11.8.4    Strategic Outlook
11.8.5    SWOT Analysis
11.9    EST Floattech
11.9.1    Business Overview
11.9.2    Financial Data
11.9.3    Product Landscape
11.9.4    Strategic Outlook
11.9.5    SWOT Analysis
11.10    General Dynamics Electric Boat
11.10.1    Business Overview
11.10.2    Financial Data
11.10.3    Product Landscape
11.10.4    Strategic Outlook
11.10.5    SWOT Analysis
11.11    Guangzhou Shipyard International Co., Ltd.
11.11.1    Business Overview
11.11.2    Financial Data
11.11.3    Product Landscape
11.11.4    Strategic Outlook
11.11.5    SWOT Analysis
11.12    HAV Group
11.12.1    Business Overview
11.12.2    Financial Data
11.12.3    Product Landscape
11.12.4    Strategic Outlook
11.12.5    SWOT Analysis
11.13    Kongsberg Gruppen
11.13.1    Business Overview
11.13.2    Financial Data
11.13.3    Product Landscape
11.13.4    Strategic Outlook
11.13.5    SWOT Analysis
11.14    Leclanché SA
11.14.1    Business Overview
11.14.2    Financial Data
11.14.3    Product Landscape
11.14.4    Strategic Outlook
11.14.5    SWOT Analysis
11.15    MAN Energy Solutions SE
11.15.1    Business Overview
11.15.2    Financial Data
11.15.3    Product Landscape
11.15.4    Strategic Outlook
11.15.5    SWOT Analysis
11.16    Norwegian Electric Systems AS
11.16.1    Business Overview
11.16.2    Financial Data
11.16.3    Product Landscape
11.16.4    Strategic Outlook
11.16.5    SWOT Analysis
11.17    Saft
11.17.1    Business Overview
11.17.2    Financial Data
11.17.3    Product Landscape
11.17.4    Strategic Outlook
11.17.5    SWOT Analysis
11.18    Schottel GmbH
11.18.1    Business Overview
11.18.2    Financial Data
11.18.3    Product Landscape
11.18.4    Strategic Outlook
11.18.5    SWOT Analysis
11.19    Siemens AG
11.19.1    Business Overview
11.19.2    Financial Data
11.19.3    Product Landscape
11.19.4    Strategic Outlook
11.19.5    SWOT Analysis
11.20    Vard
11.20.1    Business Overview
11.20.2    Financial Data
11.20.3    Product Landscape
11.20.4    Strategic Outlook
11.20.5    SWOT Analysis
11.21    Danfoss
11.21.1    Business Overview
11.21.2    Financial Data
11.21.3    Product Landscape
11.21.4    Strategic Outlook
11.21.5    SWOT Analysis
11.22    Wartsila
11.22.1    Business Overview
11.22.2    Financial Data
11.22.3    Product Landscape
11.22.4    Strategic Outlook
11.22.5    SWOT Analysis
11.23    Tsuneishi Shipbuilding
11.23.1    Business Overview
11.23.2    Financial Data
11.23.3    Product Landscape
11.23.4    Strategic Outlook
11.23.5    SWOT Analysis
11.24    Tersan Shipyard
11.24.1    Business Overview
11.24.2    Financial Data
11.24.3    Product Landscape
11.24.4    Strategic Outlook
11.24.5    SWOT Analysis

Data Tables TABLE 1. Global commercial ship fleet, by type, 2020 (Units) TABLE 2. Global Defense Ship Fleet, by type, 2020 (Units) TABLE 3. Adoption rate for major ship categories, 2020 (%) TABLE 4. U.S. commercial ship fleet, by type, 2020 (Units) TABLE 5. Electric ships market estimates, 2017 - 2020 (USD Million) TABLE 6. Electric ships market forecast, 2021 - 2027 (USD Million) TABLE 7. Electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 8. Electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 9. Electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 10. Electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 11. Electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 12. Electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 13. Electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 14. Electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 15. Electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 16. Electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 17. Electric ships market estimates by region, 2017 - 2020 (USD Million) TABLE 18. Electric ships market forecast by region, 2021 - 2027 (USD Million) TABLE 19. Europe air Emission Factor ranges for Marine, in g/tonne-km TABLE 20. Electric ships market estimates, by electric power source, 2017 - 2020 (USD Million) TABLE 21. Electric ships market estimates, by electric power source, 2021 - 2027 (USD Million) TABLE 22. Electric ships market estimates, by hybrid power source, 2017 - 2020 (USD Million) TABLE 23. Electric ships market estimates, by hybrid power source, 2021 - 2027 (USD Million) TABLE 24. Electric ships market estimates, by energy storage, 2017 - 2020 (USD Million) TABLE 25. Electric ships market estimates, by energy storage, 2021 - 2027 (USD Million) TABLE 26. Electric ships market estimates, by power conversion, 2017 - 2020 (USD Million) TABLE 27. Electric ships market estimates, by power conversion, 2021 - 2027 (USD Million) TABLE 28. Electric ships market estimates, by power generation, 2017 - 2020 (USD Million) TABLE 29. Electric ships market estimates, by power generation, 2021 - 2027 (USD Million) TABLE 30. Electric ships market estimates, by power distribution, 2017 - 2020 (USD Million) TABLE 31. Electric ships market estimates, by power distribution, 2021 - 2027 (USD Million) TABLE 32. Electric ships market estimates, by manned ships, 2017 - 2020 (USD Million) TABLE 33. Electric ships market estimates, by manned ships, 2021 - 2027 (USD Million) TABLE 34. Electric ships market estimates, by autonomous ships, 2017 - 2020 (USD Million) TABLE 35. Electric ships market estimates, by autonomous ships, 2021 - 2027 (USD Million) TABLE 36. Electric ships market estimates, by commercial platform, 2017 - 2020 (USD Million) TABLE 37. Electric ships market estimates, by commercial platform, 2021 - 2027 (USD Million) TABLE 38. Electric ships market estimates, by defense platform, 2017 - 2020 (USD Million) TABLE 39. Electric ships market estimates, by defense platform, 2021 - 2027 (USD Million) TABLE 40. Electric ships market estimates, by line fit, 2017 - 2020 (USD Million) TABLE 41. Electric ships market estimates, by line fit, 2021 - 2027 (USD Million) TABLE 42. Electric ships market estimates, by retrofit, 2017 - 2020 (USD Million) TABLE 43. Electric ships market estimates, by retrofit, 2021 - 2027 (USD Million) TABLE 44. North America electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 45. North America electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 46. North America electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 47. North America electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 48. North America electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 49. North America electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 50. North America electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 51. North America electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 52. North America electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 53. North America electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 54. U.S. electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 55. U.S. electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 56. U.S. electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 57. U.S. electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 58. U.S. electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 59. U.S. electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 60. U.S. electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 61. U.S. electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 62. U.S. electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 63. U.S. electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 64. Canada electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 65. Canada electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 66. Canada electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 67. Canada electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 68. Canada electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 69. Canada electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 70. Canada electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 71. Canada electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 72. Canada electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 73. Canada electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 74. Europe electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 75. Europe electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 76. Europe electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 77. Europe electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 78. Europe electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 79. Europe electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 80. Europe electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 81. Europe electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 82. Europe electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 83. Europe electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 84. France electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 85. France electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 86. France electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 87. France electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 88. France electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 89. France electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 90. France electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 91. France electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 92. France electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 93. France electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 94. Norway electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 95. Norway electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 96. Norway electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 97. Norway electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 98. Norway electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 99. Norway electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 100. Norway electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 101. Norway electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 102. Norway electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 103. Norway electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 104. Netherlands electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 105. Netherlands electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 106. Netherlands electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 107. Netherlands electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 108. Netherlands electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 109. Netherlands electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 110. Netherlands electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 111. Netherlands electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 112. Netherlands electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 113. Netherlands electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 114. UK electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 115. UK electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 116. UK electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 117. UK electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 118. UK electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 119. UK electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 120. UK electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 121. UK electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 122. UK electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 123. UK electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 124. Russia electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 125. Russia electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 126. Russia electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 127. Russia electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 128. Russia electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 129. Russia electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 130. Russia electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 131. Russia electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 132. Russia electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 133. Russia electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 134. Asia Pacific electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 135. Asia Pacific electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 136. Asia Pacific electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 137. Asia Pacific electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 138. Asia Pacific electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 139. Asia Pacific electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 140. Asia Pacific electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 141. Asia Pacific electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 142. Asia Pacific electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 143. Asia Pacific electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 144. China electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 145. China electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 146. China electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 147. China electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 148. China electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 149. China electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 150. China electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 151. China electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 152. China electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 153. China electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 154. Japan electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 155. Japan electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 156. Japan electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 157. Japan electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 158. Japan electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 159. Japan electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 160. Japan electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 161. Japan electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 162. Japan electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 163. Japan electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 164. South Korea electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 165. South Korea electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 166. South Korea electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 167. South Korea electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 168. South Korea electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 169. South Korea electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 170. South Korea electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 171. South Korea electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 172. South Korea electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 173. South Korea electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 174. New Zealand electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 175. New Zealand electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 176. New Zealand electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 177. New Zealand electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 178. New Zealand electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 179. New Zealand electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 180. New Zealand electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 181. New Zealand electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 182. New Zealand electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 183. New Zealand electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 184. MEA electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 185. MEA electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 186. MEA electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 187. MEA electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 188. MEA electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 189. MEA electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 190. MEA electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 191. MEA electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 192. MEA electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 193. MEA electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 194. Iran electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 195. Iran electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 196. Iran electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 197. Iran electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 198. Iran electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 199. Iran electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 200. Iran electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 201. Iran electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 202. Iran electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 203. Iran electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 204. Egypt electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 205. Egypt electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 206. Egypt electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 207. Egypt electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 208. Egypt electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 209. Egypt electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 210. Egypt electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 211. Egypt electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 212. Egypt electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 213. Egypt electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 214. Israel electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 215. Israel electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 216. Israel electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 217. Israel electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 218. Israel electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 219. Israel electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 220. Israel electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 221. Israel electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 222. Israel electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 223. Israel electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 224. Turkey electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 225. Turkey electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 226. Turkey electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 227. Turkey electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 228. Turkey electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 229. Turkey electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 230. Turkey electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 231. Turkey electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 232. Turkey electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 233. Turkey electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 234. Latin America electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 235. Latin America electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 236. Latin America electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 237. Latin America electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 238. Latin America electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 239. Latin America electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 240. Latin America electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 241. Latin America electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 242. Latin America electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 243. Latin America electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 244. Brazil electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 245. Brazil electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 246. Brazil electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 247. Brazil electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 248. Brazil electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 249. Brazil electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 250. Brazil electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 251. Brazil electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 252. Brazil electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 253. Brazil electric ships market forecast, by end-use, 2021 - 2027 (USD Million) TABLE 254. Colombia electric ships market estimates, by power source, 2017 - 2020 (USD Million) TABLE 255. Colombia electric ships market forecast, by power source, 2021 - 2027 (USD Million) TABLE 256. Colombia electric ships market estimates, by system, 2017 - 2020 (USD Million) TABLE 257. Colombia electric ships market forecast, by system, 2021 - 2027 (USD Million) TABLE 258. Colombia electric ships market estimates, by operation, 2017 - 2020 (USD Million) TABLE 259. Colombia electric ships market forecast, by operation, 2021 - 2027 (USD Million) TABLE 260. Colombia electric ships market estimates, by platform, 2017 - 2020 (USD Million) TABLE 261. Colombia electric ships market forecast, by platform, 2021 - 2027 (USD Million) TABLE 262. Colombia electric ships market estimates, by end-use, 2017 - 2020 (USD Million) TABLE 263. Colombia electric ships market forecast, by end-use, 2021 - 2027 (USD Million) Charts & Figures FIG. 1 Electric ships industry 360 degree synopsis, 2017 - 2027 FIG. 2 Industry segmentation FIG. 3 Industry landscape, 2017 -2027 FIG. 4 Seaborne trade and port cargo traffic in 2020 FIG. 5 Evolution of electric ship technology FIG. 6 Electric ships industry ecosystem FIG. 7 Growth potential analysis FIG. 8 Porter's analysis FIG. 9 PESTEL analysis FIG. 10 Company market share, 2020 FIG. 11 Competitive landscape, 2020 FIG. 12 Competitive landscape, 2020 FIG. 13 Electric ships market share, by power source, 2020 & 2027 FIG. 14 Electric ships market share, by system, 2020 & 2027 FIG. 15 Electric ships market share, by operation, 2020 & 2027 FIG. 16 Electric ships market share, by platform, 2020 & 2027 FIG. 17 Electric ships market share, by end-use, 2020 & 2027 FIG. 18 Electric ships market share, by region, 2020 & 2027 FIG. 19 SWOT Analysis, ABB Limited FIG. 20 SWOT Analysis, Akasol AG FIG. 21 SWOT Analysis, Anglo Belgium Corporation (ABC) NV FIG. 22 SWOT Analysis, Bae System FIG. 23 SWOT Analysis, Corvus Energy FIG. 24 SWOT Analysis, Damen Shipyards Group FIG. 25 SWOT Analysis, Enhandia Marine AB FIG. 26 SWOT Analysis, Eco Marine Power Co., Ltd. FIG. 27 SWOT analysis, EST Floattech FIG. 28 SWOT Analysis, General Dynamics Electric Boat FIG. 29 SWOT Analysis, Guangzhou Shipyard International Co., Ltd. FIG. 30 SWOT analysis, HAV Group FIG. 31 SWOT Analysis, Kongsberg Gruppen FIG. 32 SWOT Analysis, Leclanché SA FIG. 33 SWOT analysis, MAN Energy Solutions SE FIG. 34 SWOT analysis, Norwegian Electric Systems AS FIG. 35 SWOT analysis, Saft FIG. 36 SWOT analysis, Schottel GmbH FIG. 37 SWOT Analysis, Siemens AG FIG. 38 SWOT analysis, Vard FIG. 39 SWOT analysis, Danfoss FIG. 40 SWOT Analysis, Wartsila FIG. 41 SWOT Analysis, Tsuneishi Shipbuilding FIG. 42 SWOT analysis, Tersan Shipyard

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