Product Code: A08766
Electric boats utilize battery power to carry off marine operation. They often utilize renewable energy sources such as wind turbines, solar panels, and towed generators. They utilize marine-grade lead-acid, nickel-based and lithium-ion batteries for enhanced operational efficiency. Electric boats or vessels are generally available in diesel-electric, pure electric, or hybrid variants. In addition, electric boats comprise key components such as electric charger, battery bank, controller, and electric motor. They operate silently as they do not use internal combustion; are cost-effective; have minimal fuel requirements; and are highly environment friendly. Moreover, these boats are mainly used for recreational purposes and ferrying a small number of passengers. Sometimes these boats are also utilized as rescue vessels to carry out sea operations efficiently.
The market is driven by introduction of regulations regarding emission of greenhouse gases, increase in demand for luxury vehicles with greater cabin comfort, and rise in production & sale of automotive. However, rise in demand for electric vehicles is the factor acting as a hindrance in the growth of the global electric boat market. On the contrary, increase in demand for multi-filtration system, and technological advancements are expected to create ample growth opportunities for the global electric boat market.
With increase in adoption of electric boats across the globe, need for charging infrastructure is also growing subsequently. Government and private organizations in several countries are working closely to setup electric boat charging infrastructure in their region to support e-mobility. For instance, Aqua superpower, a UK based company has been rapidly building its network of marine "superchargers" across the globe. Built to the highest IP65 standards, each station provides AC and DC fast charger with a high output of 150kW, enabling fast recharging of electric boats.
The electric boat market is segmented on the basis of propulsion type, battery type, range, power output, application, and region. By propulsion type, it is segmented into pure electric boats and hybrid electric boats. By battery type, it is classified into lead-acid battery, lithium-ion battery, and nickel-based battery. By range, it is fragmented into less than 50 km, between 50 and100 km, between 101 and 1,000 km, and greater than 1,000 km. By power output, it is categorized into below 5kW, between 5kW and 30kW, and above 30kW. By application, it is segmented into passenger boats, cargo boats, and others. Region wise, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the electric boat market analysis from 2021 to 2031 to identify the prevailing electric boat market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the electric boat market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global electric boat market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Propulsion
- Pure Electric Boats
- Hybrid Electric Boats
By Battery Type
- Lead-acid Battery
- Lithium-ion Battery
- Nickel-based Battery
By Range
- Less than 50 km
- 50 to 100 km
- 101 to 1,000 km
- More than 1,000 km
By Power
- Below 5 KW
- Between 5 KW to 30 KW
- Above 30 KW
By Application
- Passenger Boats
- Cargo Boats
- Others
By Region
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- ABB LTD
- Aquawatt Green Marine Technologies
- Boesch Motorboote AG
- Boote Marian GmbH
- Candela Technology AB
- Corvus Energy
- Domani Yachts
- Duffy Electric Boat Company
- Echandia Group AB
- ElectraCraft Power Boats
- Frauscher Bootswerft GmbH & Co KG
- Greenline Yachts
- Grove Boats SA
- Learboats USA, Inc.
- NavAlt Solar & Electric Boats Pvt. Ltd
- Quadrofoil d.o.o.
- RAND Boats ApS
- Ruban Bleu
- Soel Yachts B.V.
- Torqeedo GmbH
- Vision Marine Technologies Inc.
- X Shore
- Yamaha Motor Co., Ltd.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: ELECTRIC BOAT MARKET, BY PROPULSION
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Pure Electric Boats
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Hybrid Electric Boats
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
CHAPTER 5: ELECTRIC BOAT MARKET, BY BATTERY TYPE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Lead-acid Battery
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Lithium-ion Battery
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Nickel-based Battery
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: ELECTRIC BOAT MARKET, BY RANGE
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Less than 50 km
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 50 to 100 km
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 101 to 1,000 km
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 More than 1,000 km
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
CHAPTER 7: ELECTRIC BOAT MARKET, BY POWER
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Below 5 KW
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Between 5 KW to 30 KW
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Above 30 KW
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
CHAPTER 8: ELECTRIC BOAT MARKET, BY APPLICATION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 Passenger Boats
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market analysis by country
- 8.3 Cargo Boats
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market analysis by country
- 8.4 Others
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market analysis by country
CHAPTER 9: ELECTRIC BOAT MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Propulsion
- 9.2.3 North America Market size and forecast, by Battery Type
- 9.2.4 North America Market size and forecast, by Range
- 9.2.5 North America Market size and forecast, by Power
- 9.2.6 North America Market size and forecast, by Application
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Market size and forecast, by Propulsion
- 9.2.7.1.2 Market size and forecast, by Battery Type
- 9.2.7.1.3 Market size and forecast, by Range
- 9.2.7.1.4 Market size and forecast, by Power
- 9.2.7.1.5 Market size and forecast, by Application
- 9.2.7.2 Canada
- 9.2.7.2.1 Market size and forecast, by Propulsion
- 9.2.7.2.2 Market size and forecast, by Battery Type
- 9.2.7.2.3 Market size and forecast, by Range
- 9.2.7.2.4 Market size and forecast, by Power
- 9.2.7.2.5 Market size and forecast, by Application
- 9.2.7.3 Mexico
- 9.2.7.3.1 Market size and forecast, by Propulsion
- 9.2.7.3.2 Market size and forecast, by Battery Type
- 9.2.7.3.3 Market size and forecast, by Range
- 9.2.7.3.4 Market size and forecast, by Power
- 9.2.7.3.5 Market size and forecast, by Application
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Propulsion
- 9.3.3 Europe Market size and forecast, by Battery Type
- 9.3.4 Europe Market size and forecast, by Range
- 9.3.5 Europe Market size and forecast, by Power
- 9.3.6 Europe Market size and forecast, by Application
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 United Kingdom
- 9.3.7.1.1 Market size and forecast, by Propulsion
- 9.3.7.1.2 Market size and forecast, by Battery Type
- 9.3.7.1.3 Market size and forecast, by Range
- 9.3.7.1.4 Market size and forecast, by Power
- 9.3.7.1.5 Market size and forecast, by Application
- 9.3.7.2 Germany
- 9.3.7.2.1 Market size and forecast, by Propulsion
- 9.3.7.2.2 Market size and forecast, by Battery Type
- 9.3.7.2.3 Market size and forecast, by Range
- 9.3.7.2.4 Market size and forecast, by Power
- 9.3.7.2.5 Market size and forecast, by Application
- 9.3.7.3 France
- 9.3.7.3.1 Market size and forecast, by Propulsion
- 9.3.7.3.2 Market size and forecast, by Battery Type
- 9.3.7.3.3 Market size and forecast, by Range
- 9.3.7.3.4 Market size and forecast, by Power
- 9.3.7.3.5 Market size and forecast, by Application
- 9.3.7.4 Italy
- 9.3.7.4.1 Market size and forecast, by Propulsion
- 9.3.7.4.2 Market size and forecast, by Battery Type
- 9.3.7.4.3 Market size and forecast, by Range
- 9.3.7.4.4 Market size and forecast, by Power
- 9.3.7.4.5 Market size and forecast, by Application
- 9.3.7.5 Rest of Europe
- 9.3.7.5.1 Market size and forecast, by Propulsion
- 9.3.7.5.2 Market size and forecast, by Battery Type
- 9.3.7.5.3 Market size and forecast, by Range
- 9.3.7.5.4 Market size and forecast, by Power
- 9.3.7.5.5 Market size and forecast, by Application
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Propulsion
- 9.4.3 Asia-Pacific Market size and forecast, by Battery Type
- 9.4.4 Asia-Pacific Market size and forecast, by Range
- 9.4.5 Asia-Pacific Market size and forecast, by Power
- 9.4.6 Asia-Pacific Market size and forecast, by Application
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Market size and forecast, by Propulsion
- 9.4.7.1.2 Market size and forecast, by Battery Type
- 9.4.7.1.3 Market size and forecast, by Range
- 9.4.7.1.4 Market size and forecast, by Power
- 9.4.7.1.5 Market size and forecast, by Application
- 9.4.7.2 Japan
- 9.4.7.2.1 Market size and forecast, by Propulsion
- 9.4.7.2.2 Market size and forecast, by Battery Type
- 9.4.7.2.3 Market size and forecast, by Range
- 9.4.7.2.4 Market size and forecast, by Power
- 9.4.7.2.5 Market size and forecast, by Application
- 9.4.7.3 India
- 9.4.7.3.1 Market size and forecast, by Propulsion
- 9.4.7.3.2 Market size and forecast, by Battery Type
- 9.4.7.3.3 Market size and forecast, by Range
- 9.4.7.3.4 Market size and forecast, by Power
- 9.4.7.3.5 Market size and forecast, by Application
- 9.4.7.4 South Korea
- 9.4.7.4.1 Market size and forecast, by Propulsion
- 9.4.7.4.2 Market size and forecast, by Battery Type
- 9.4.7.4.3 Market size and forecast, by Range
- 9.4.7.4.4 Market size and forecast, by Power
- 9.4.7.4.5 Market size and forecast, by Application
- 9.4.7.5 Rest Of Asia Pacific
- 9.4.7.5.1 Market size and forecast, by Propulsion
- 9.4.7.5.2 Market size and forecast, by Battery Type
- 9.4.7.5.3 Market size and forecast, by Range
- 9.4.7.5.4 Market size and forecast, by Power
- 9.4.7.5.5 Market size and forecast, by Application
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Propulsion
- 9.5.3 LAMEA Market size and forecast, by Battery Type
- 9.5.4 LAMEA Market size and forecast, by Range
- 9.5.5 LAMEA Market size and forecast, by Power
- 9.5.6 LAMEA Market size and forecast, by Application
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Market size and forecast, by Propulsion
- 9.5.7.1.2 Market size and forecast, by Battery Type
- 9.5.7.1.3 Market size and forecast, by Range
- 9.5.7.1.4 Market size and forecast, by Power
- 9.5.7.1.5 Market size and forecast, by Application
- 9.5.7.2 Middle East
- 9.5.7.2.1 Market size and forecast, by Propulsion
- 9.5.7.2.2 Market size and forecast, by Battery Type
- 9.5.7.2.3 Market size and forecast, by Range
- 9.5.7.2.4 Market size and forecast, by Power
- 9.5.7.2.5 Market size and forecast, by Application
- 9.5.7.3 Africa
- 9.5.7.3.1 Market size and forecast, by Propulsion
- 9.5.7.3.2 Market size and forecast, by Battery Type
- 9.5.7.3.3 Market size and forecast, by Range
- 9.5.7.3.4 Market size and forecast, by Power
- 9.5.7.3.5 Market size and forecast, by Application
CHAPTER 10: COMPANY LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Key developments
CHAPTER 11: COMPANY PROFILES
- 11.1 ABB LTD
- 11.1.1 Company overview
- 11.1.2 Company snapshot
- 11.1.3 Operating business segments
- 11.1.4 Product portfolio
- 11.1.5 Business performance
- 11.1.6 Key strategic moves and developments
- 11.2 Aquawatt Green Marine Technologies
- 11.2.1 Company overview
- 11.2.2 Company snapshot
- 11.2.3 Operating business segments
- 11.2.4 Product portfolio
- 11.2.5 Business performance
- 11.2.6 Key strategic moves and developments
- 11.3 Boesch Motorboote AG
- 11.3.1 Company overview
- 11.3.2 Company snapshot
- 11.3.3 Operating business segments
- 11.3.4 Product portfolio
- 11.3.5 Business performance
- 11.3.6 Key strategic moves and developments
- 11.4 Boote Marian GmbH
- 11.4.1 Company overview
- 11.4.2 Company snapshot
- 11.4.3 Operating business segments
- 11.4.4 Product portfolio
- 11.4.5 Business performance
- 11.4.6 Key strategic moves and developments
- 11.5 Candela Technology AB
- 11.5.1 Company overview
- 11.5.2 Company snapshot
- 11.5.3 Operating business segments
- 11.5.4 Product portfolio
- 11.5.5 Business performance
- 11.5.6 Key strategic moves and developments
- 11.6 Corvus Energy
- 11.6.1 Company overview
- 11.6.2 Company snapshot
- 11.6.3 Operating business segments
- 11.6.4 Product portfolio
- 11.6.5 Business performance
- 11.6.6 Key strategic moves and developments
- 11.7 Domani Yachts
- 11.7.1 Company overview
- 11.7.2 Company snapshot
- 11.7.3 Operating business segments
- 11.7.4 Product portfolio
- 11.7.5 Business performance
- 11.7.6 Key strategic moves and developments
- 11.8 Duffy Electric Boat Company
- 11.8.1 Company overview
- 11.8.2 Company snapshot
- 11.8.3 Operating business segments
- 11.8.4 Product portfolio
- 11.8.5 Business performance
- 11.8.6 Key strategic moves and developments
- 11.9 Echandia Group AB
- 11.9.1 Company overview
- 11.9.2 Company snapshot
- 11.9.3 Operating business segments
- 11.9.4 Product portfolio
- 11.9.5 Business performance
- 11.9.6 Key strategic moves and developments
- 11.10 ElectraCraft Power Boats
- 11.10.1 Company overview
- 11.10.2 Company snapshot
- 11.10.3 Operating business segments
- 11.10.4 Product portfolio
- 11.10.5 Business performance
- 11.10.6 Key strategic moves and developments
- 11.11 Frauscher Bootswerft GmbH & Co KG
- 11.11.1 Company overview
- 11.11.2 Company snapshot
- 11.11.3 Operating business segments
- 11.11.4 Product portfolio
- 11.11.5 Business performance
- 11.11.6 Key strategic moves and developments
- 11.12 Greenline Yachts
- 11.12.1 Company overview
- 11.12.2 Company snapshot
- 11.12.3 Operating business segments
- 11.12.4 Product portfolio
- 11.12.5 Business performance
- 11.12.6 Key strategic moves and developments
- 11.13 Grove Boats SA
- 11.13.1 Company overview
- 11.13.2 Company snapshot
- 11.13.3 Operating business segments
- 11.13.4 Product portfolio
- 11.13.5 Business performance
- 11.13.6 Key strategic moves and developments
- 11.14 Learboats USA, Inc.
- 11.14.1 Company overview
- 11.14.2 Company snapshot
- 11.14.3 Operating business segments
- 11.14.4 Product portfolio
- 11.14.5 Business performance
- 11.14.6 Key strategic moves and developments
- 11.15 NavAlt Solar & Electric Boats Pvt. Ltd
- 11.15.1 Company overview
- 11.15.2 Company snapshot
- 11.15.3 Operating business segments
- 11.15.4 Product portfolio
- 11.15.5 Business performance
- 11.15.6 Key strategic moves and developments
- 11.16 Quadrofoil d.o.o.
- 11.16.1 Company overview
- 11.16.2 Company snapshot
- 11.16.3 Operating business segments
- 11.16.4 Product portfolio
- 11.16.5 Business performance
- 11.16.6 Key strategic moves and developments
- 11.17 RAND Boats ApS
- 11.17.1 Company overview
- 11.17.2 Company snapshot
- 11.17.3 Operating business segments
- 11.17.4 Product portfolio
- 11.17.5 Business performance
- 11.17.6 Key strategic moves and developments
- 11.18 Ruban Bleu
- 11.18.1 Company overview
- 11.18.2 Company snapshot
- 11.18.3 Operating business segments
- 11.18.4 Product portfolio
- 11.18.5 Business performance
- 11.18.6 Key strategic moves and developments
- 11.19 Soel Yachts B.V.
- 11.19.1 Company overview
- 11.19.2 Company snapshot
- 11.19.3 Operating business segments
- 11.19.4 Product portfolio
- 11.19.5 Business performance
- 11.19.6 Key strategic moves and developments
- 11.20 Torqeedo GmbH
- 11.20.1 Company overview
- 11.20.2 Company snapshot
- 11.20.3 Operating business segments
- 11.20.4 Product portfolio
- 11.20.5 Business performance
- 11.20.6 Key strategic moves and developments
- 11.21 Vision Marine Technologies Inc.
- 11.21.1 Company overview
- 11.21.2 Company snapshot
- 11.21.3 Operating business segments
- 11.21.4 Product portfolio
- 11.21.5 Business performance
- 11.21.6 Key strategic moves and developments
- 11.22 X Shore
- 11.22.1 Company overview
- 11.22.2 Company snapshot
- 11.22.3 Operating business segments
- 11.22.4 Product portfolio
- 11.22.5 Business performance
- 11.22.6 Key strategic moves and developments
- 11.23 Yamaha Motor Co., Ltd.
- 11.23.1 Company overview
- 11.23.2 Company snapshot
- 11.23.3 Operating business segments
- 11.23.4 Product portfolio
- 11.23.5 Business performance
- 11.23.6 Key strategic moves and developments