サマリー

電気船舶の市場規模は、2022年の33億米ドルから2030年には142億米ドルへと、2022年から2030年にかけて20.0%の年率で成長すると予測されます。世界的な貿易業務と旅客輸送量の増加が、電気船舶市場の成長を促進する主な要因となっています。さらに、船舶に搭載される高度な電気システムの需要が電気船舶システムの採用を後押ししており、有害な排出物を削減し、エンドユーザーの運用・保守コストを減少させます。

2022年にはハイブリッド電気セグメントが最大のシェアを占めると予測されています。
タイプ別では、ハイブリッド電気セグメントが予測期間中に電気船舶市場を支配すると予測されます。船舶のハイブリッド化は、船舶オペレータが船舶の排出ガスを削減しようとしている主要な方法の1つです。主要経済圏が海洋産業の関係者に排出量の削減と持続可能なソリューションの提供を促しているため、ハイブリッド船舶の採用は、業界がこれらのニーズを満たすために採用している主要なステップの1つです。

予測期間中、50-100kmレンジが市場をリードすると予測される
航続距離別では、50-100kmセグメントが予測期間中に市場をリードすると予想されます。航続距離50-100kmの船舶は、通常、中型の船舶を含み、そのほとんどが内陸輸送活動に使用されています。これらの船舶は、ハイブリッド推進への転換や完全な電気ソリューションへの置き換えが容易である。これらの要因により、航続距離50～100kmの船舶が市場をリードしています。

予測期間中、レトロフィット分野が電気船市場をリードすると予測される
エンドユースに基づくと、レトロフィットセグメントが予測期間中、電気船舶市場をリードすると予測されます。現在、レトロフィット市場は、エンドユースセグメントにおいて低い市場シェアを占めています。しかし、将来的には改造費用の削減により、この分野は予測期間中に急速に成長すると予想されます。レトロフィットは、まだ寿命のある大型船舶を電気化するための主要な方法となるでしょう。

2022年、欧州が最大の市場シェアを占めると予想される
電気船市場は、北米、欧州、アジア太平洋地域、その他の地域について調査しています。予測期間中、欧州が市場を支配すると予想されます。同地域には、造船会社、部品メーカー、システムインテグレーターなど、電気船市場の鍵を握る主要企業がすべて揃っています。また、同地域は排出量を削減するための持続可能なソリューションを採用する先駆者でもあります。これらは、欧州の電気船舶市場を牽引する要因の一部です。

電気船市場の主要参入企業のプロファイルの内訳を紹介します：
- 企業タイプ別：ティア1：55％、ティア2：25％、ティア3：20％。
- 役職別Cレベル：50％、ディレクター：25％、その他：25
- 地域別では北米：47％、欧州：21％、アジア太平洋：21％、その他の地域：11％。
主な企業は、ABB（スイス）、Leclanché S.A.（スイス）、Siemens AG（ドイツ）、Wartsila（フィンランド）、Kongsberg Gruppen（ノルウェー）等です。

研究対象です：

当レポートでは、タイプ別（完全電動、ハイブリッド）、船種別（商用、防衛）、システム、運航モード（有人、遠隔操作、自律）、最終用途（新造＆ラインフィット、レトロフィット）、出力、トン数、レンジ、地域に基づいて電気船舶市場を細分化します。電気船市場は、北米、欧州、アジア太平洋、その他の地域について調査しています。本レポートの範囲は、電気船舶市場の成長に影響を与える推進要因、阻害要因、課題、機会などの主要要因に関する詳細情報をカバーしています。主要な業界プレイヤーを詳細に分析し、事業概要、ソリューション、サービス、主要戦略、契約、パートナーシップ、協定、新製品・サービスの発表、M&A、電気船舶市場に関連する最近の動向に関する洞察を提供しています。電気船舶市場のエコシステムにおける今後の新興企業の競争力分析も本レポートで取り上げています。
本レポートを購入する理由
本レポートは、電気船市場全体とサブセグメントの収益数の最も近い近似値に関する情報を提供することで、本市場の市場リーダー/新規参入者に貢献します。本レポートは、利害関係者が競争環境を理解し、より多くの洞察を得ることで、自社のビジネスをより良く位置づけ、適切な市場参入戦略を計画するのに役立ちます。また、本レポートは、関係者が市場の鼓動を理解するのに役立ち、主要な市場促進要因、阻害要因、課題、および機会に関する情報を提供します。

本レポートでは、以下のポイントについて考察しています：
- 市場の浸透度：市場の浸透：市場のトッププレイヤーが提供する電気船舶に関する包括的な情報

- 製品開発/イノベーション：電気船市場における今後の技術、研究開発活動、新製品・サービス開始に関する詳細な考察

- 市場開拓：有利な市場に関する包括的な情報 - 当レポートは、様々な地域にわたる電気船市場を分析しています。

- 市場の多様化：電気船舶市場における新製品・サービス、未開拓の地域、最近の開発、投資に関する情報を網羅的に提供します。

- 競争力のある評価：電気船市場における主要企業の市場シェア、成長戦略、サービス内容を詳細に評価する。

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1 INTRODUCTION 42 1.1 STUDY OBJECTIVES 42 1.2 MARKET DEFINITION 42 1.2.1 MARKETS COVERED 43 1.2.2 REGIONAL SCOPE 43 1.2.3 YEARS CONSIDERED 44 1.3 CURRENCY & PRICING 44 TABLE 1 USD EXCHANGE RATES, 2019–2021 44 1.4 LIMITATIONS 45 1.5 INCLUSIONS & EXCLUSIONS 45 1.6 MARKET STAKEHOLDERS 46 1.7 SUMMARY OF CHANGES 46 2 RESEARCH METHODOLOGY 47 2.1 RESEARCH DATA 47 FIGURE 1 REPORT PROCESS FLOW 47 FIGURE 2 ELECTRIC SHIPS MARKET: RESEARCH DESIGN 48 2.1.1 SECONDARY DATA 48 2.1.1.1 Key data from secondary sources 49 2.1.2 PRIMARY DATA 49 2.1.2.1 Key data from primary sources 50 2.2 RECESSION IMPACT ANALYSIS 50 2.2.1 DEMAND-SIDE ANALYSIS 50 FIGURE 3 US: NAVAL DEFENSE BUDGET 51 FIGURE 4 BREAKDOWN OF US NAVAL DEFENSE BUDGET 51 2.2.2 SUPPLY-SIDE ANALYSIS 52 FIGURE 5 QUARTERLY REVENUE OF TOP THREE COMPANIES 52 2.3 FACTOR ANALYSIS 52 2.3.1 INTRODUCTION 52 2.3.2 DEMAND-SIDE INDICATORS 53 2.3.2.1 Growing maritime tourism industry 53 2.3.3 SUPPLY-SIDE INDICATORS 53 2.3.3.1 Advanced batteries for electric ships 53 2.3.4 KEY PRIMARY DETAILS 54 TABLE 2 PRIMARY DETAILS 54 2.4 MARKET SIZE ESTIMATION & METHODOLOGY 54 2.4.1 BOTTOM-UP APPROACH 54 2.4.1.1 Regional electric ships market 54 2.4.1.2 Electric ships: demand-side analysis 55 FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 55 2.4.2 TOP-DOWN APPROACH 56 FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 56 2.5 DATA TRIANGULATION 57 FIGURE 8 DATA TRIANGULATION: ELECTRIC SHIPS MARKET 57 2.6 PRICING ANALYSIS 58 2.7 MARKET SIZING & FORECASTING 58 TABLE 3 RESEARCH ASSUMPTIONS 58 2.8 LIMITATIONS 59 2.9 LIST OF SOURCES 59 TABLE 4 PUBLICATIONS & ORDER BOOKS OF SHIPYARDS/COMPONENT SUPPLIERS/REGULATORY PUBLICATIONS CONSIDERED FOR MARKET STUDY 59 TABLE 5 MAGAZINES/PRESS RELEASES/NEWSLETTERS REFERRED TO FOR MARKET STUDY 61 3 EXECUTIVE SUMMARY 64 FIGURE 9 HYBRID ELECTRIC SHIPS EXPECTED TO DOMINATE MARKET IN 2022 64 FIGURE 10 MANNED SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET FROM 2022 TO 2030 65 FIGURE 11 NEWBUILD & LINE FIT SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD 65 FIGURE 12 EUROPE TO COMMAND ELECTRIC SHIPS MARKET IN 2022 66 4 PREMIUM INSIGHTS 67 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC SHIPS MARKET, 2022–2030 67 FIGURE 13 INCREASING NEED TO REDUCE EMISSIONS DRIVES DEMAND FOR ELECTRIC SHIPS 67 4.2 ELECTRIC SHIPS MARKET, BY PASSENGER SHIP TYPE 67 FIGURE 14 FERRIES TO LEAD MARKET DURING FORECAST PERIOD 67 4.3 ELECTRIC SHIPS MARKET, BY RANGE 68 FIGURE 15 50–100 KM SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD 68 4.4 ELECTRIC SHIPS MARKET, BY COUNTRY 68 FIGURE 16 MARKET IN FINLAND PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 68 5 MARKET OVERVIEW 69 5.1 INTRODUCTION 69 5.2 ROADMAP OF MARINE ELECTRIFICATION 69 TABLE 6 MILESTONES IN IMPLEMENTATION PLAN FOR ELECTRIFICATION IN MARINE TRANSPORT (2025-2035-2050) 69 5.3 MARKET DYNAMICS 71 FIGURE 17 ELECTRIC SHIPS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 71 5.3.1 DRIVERS 71 5.3.1.1 Implementation of IMO Sulphur 2020 regulation 71 TABLE 7 SULFUR CONTENT REGULATIONS IN BUNKER FUEL 72 5.3.1.2 Rise in adoption of hybrid and electric propulsion to retrofit ships 72 5.3.1.3 Increase in seaborne trade across globe 73 5.3.1.4 Growing maritime tourism industry 73 FIGURE 18 GLOBAL CRUISE INDUSTRY, BY REGION, 2021 74 5.3.1.5 Development of lithium-ion batteries 74 FIGURE 19 MOST COMMON LITHIUM-ION BATTERIES WITH KEY FEATURES 74 TABLE 8 CURRENT BATTERY CAPACITY AND REQUIREMENTS OF SHIPS 75 5.3.1.6 Need for reduction in carbon emissions 75 5.3.1.7 Reduction in overall operating costs of ships 76 5.3.2 RESTRAINTS 77 5.3.2.1 Long downtime in retrofitting ships 77 5.3.2.2 Limited range and capacity of fully electric ships 77 5.3.3 OPPORTUNITIES 77 5.3.3.1 Potential of high-powered batteries 77 FIGURE 20 RELATIVE FEASIBILITY OF DIFFERENT ENERGY STORAGE TECHNOLOGIES 78 5.3.3.2 Potential for battery charging via renewable sources of energy 78 5.3.3.3 Hybrid propulsion technology for large ships 79 5.3.4 CHALLENGES 79 5.3.4.1 Inadequate charging infrastructure 79 5.3.4.2 High initial capital expenditure 79 5.4 PRICING ANALYSIS 80 TABLE 9 CASE 1: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK 80 TABLE 10 CASE 2: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK 80 TABLE 11 CASE 3: CAPITAL EXPENDITURE, SAVINGS, AND PAYBACK 80 TABLE 12 AVERAGE SELLING PRICE OF ELECTRIC SHIPPING HARDWARE (USD MILLION) 81 5.5 VALUE CHAIN ANALYSIS 81 FIGURE 21 VALUE CHAIN ANALYSIS: ELECTRIC SHIPS MARKET 81 5.6 MARKET ECOSYSTEM MAP 82 FIGURE 22 ELECTRIC SHIPS MARKET: ECOSYSTEM MAP 82 5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 83 5.7.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ELECTRIC SHIPS MARKET 83 FIGURE 23 REVENUE SHIFT IN ELECTRIC SHIPS MARKET 83 5.8 PORTER'S FIVE FORCES ANALYSIS 83 FIGURE 24 PORTER'S FIVE FORCES ANALYSIS OF ELECTRIC SHIPS MARKET 83 TABLE 13 PORTER'S FIVE FORCES ANALYSIS 84 5.8.1 THREAT OF NEW ENTRANTS 84 5.8.2 THREAT OF SUBSTITUTES 84 5.8.3 BARGAINING POWERS OF SUPPLIERS 84 5.8.4 BARGAINING POWERS OF BUYERS 84 5.8.5 INTENSITY OF COMPETITIVE RIVALRY 84 5.9 TRADE ANALYSIS: IMPORT/EXPORT DATA 85 5.9.1 INTERNATIONAL MARITIME TRADE DATA, 2010–2019 85 FIGURE 25 DEVELOPMENT OF INTERNATIONAL MARITIME TRADE (2010–2019) 85 5.9.2 WORLD SEABORNE TRADE, 2015–2019 85 TABLE 14 WORLD SEABORNE TRADE, 2015–2019 85 5.10 RECESSION IMPACT ANALYSIS 86 FIGURE 26 RECESSION IMPACT ANALYSIS 86 5.11 CASE STUDY ANALYSIS 86 5.11.1 USE CASE: AURIGA LEADER 86 5.11.2 USE CASE: YARA BIRKELAND 87 5.11.3 USE CASE: CHANGJIANG SAN XIA 1 87 5.11.4 USE CASE: ELLEN 87 5.11.5 USE CASE: FUTURE OF THE FJORDS 87 5.12 TARIFF AND REGULATORY LANDSCAPE 88 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 89 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 89 FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS 89 TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ELECTRIC SHIP PRODUCTS AND SYSTEMS (%) 89 5.13.2 BUYING CRITERIA 90 FIGURE 28 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS 90 TABLE 16 KEY BUYING CRITERIA FOR ELECTRIC SHIP PRODUCTS AND SYSTEMS 90 5.14 KEY CONFERENCES AND EVENTS, 2023 90 TABLE 17 ELECTRIC SHIPS MARKET: CONFERENCES AND EVENTS IN 2023 90 6 INDUSTRY TRENDS 91 6.1 INTRODUCTION 91 6.2 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY 91 FIGURE 29 ROADMAP TOWARD EMISSION-FREE SHIPPING INDUSTRY 91 6.3 PHASING OF MARINE PROPULSION TECHNOLOGIES 92 FIGURE 30 POTENTIAL PHASING OF DIFFERENT PROPULSION TECHNOLOGIES IN MARINE INDUSTRY 92 6.4 EMERGING TRENDS 93 FIGURE 31 EMERGING TRENDS 93 6.4.1 ELECTRIFICATION OF LEISURE BOATS 93 6.4.2 POTENTIAL OF HYBRID TECHNOLOGY 93 6.4.3 SOLAR SAILS 94 6.4.4 ADVANCED BATTERIES FOR ELECTRIC SHIPS 94 6.4.5 HYDROGEN AS ZERO-EMISSION FUEL 95 6.4.6 BATTERY-POWERED NAVAL VESSELS 95 6.4.7 NEXT-GENERATION SOLID-STATE BATTERY TECHNOLOGY 96 6.4.7.1 Summary of commercial batteries 96 6.5 SUPPLY CHAIN ANALYSIS 96 FIGURE 32 ELECTRIC SHIPS: SUPPLY CHAIN 97 6.6 ELECTRIC SHIPS MARKET: KEY PATENTS 98 7 ELECTRIC SHIPS MARKET, BY SHIP TYPE 99 7.1 INTRODUCTION 100 FIGURE 33 COMMERCIAL SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD 100 TABLE 18 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 100 TABLE 19 ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 100 7.2 COMMERCIAL 101 TABLE 20 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 101 TABLE 21 COMMERCIAL ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 101 7.2.1 PASSENGER VESSELS 101 TABLE 22 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 101 TABLE 23 ELECTRIC PASSENGER VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 102 TABLE 24 ELECTRIC PASSENGER VESSELS VOLUME (UNITS) 102 TABLE 25 ELECTRIC CARGO VESSELS VOLUME (UNITS) 102 TABLE 26 OTHER COMMERCIAL ELECTRIC VESSELS VOLUME (UNITS) 102 7.2.1.1 Yachts 103 7.2.1.1.1 Solar power used to charge batteries of fully electric yachts 103 7.2.1.2 Ferries 103 7.2.1.2.1 High adoption in North America and Europe due to changing environmental regulations 103 7.2.1.3 Cruise ships 103 7.2.1.3.1 Adoption of hybrid-electric propulsion technology likely to increase in coming years 103 7.2.1.4 Motorboats 104 7.2.1.4.1 Rising demand for electric motorboats in Europe 104 7.2.2 CARGO VESSELS 104 TABLE 27 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 104 TABLE 28 ELECTRIC CARGO VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 104 7.2.2.1 Container vessels 105 7.2.2.1.1 First to adopt full electric setup due to smaller size 105 7.2.2.2 Bulk carriers 105 7.2.2.2.1 Retrofit demand in bulk carriers to increase in coming years 105 7.2.2.3 Tankers 105 7.2.2.3.1 Increasing developments underway to equip tankers with lithium-ion batteries 105 7.2.2.4 General cargo ships 105 7.2.2.4.1 High potential of retrofit market for general cargo ships 105 7.2.3 OTHERS 106 TABLE 29 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 106 TABLE 30 OTHER COMMERCIAL VESSELS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 106 7.2.3.1 Fishing vessels 106 7.2.3.1.1 Rising adoption of electric propulsion in fishing vessels 106 7.2.3.2 Dredgers 107 7.2.3.2.1 Negligible market for dredgers with fully electric propulsion system 107 7.2.3.3 Tugs & workboats 107 7.2.3.3.1 Account for major share of global ship fleet 107 7.2.3.4 Research vessels 107 7.2.3.4.1 Market for retrofitting research vessels larger than newbuilds 107 7.2.3.5 Submarines 107 7.2.3.5.1 Useful for underwater exploration due to minimal vibration from motor 107 7.3 DEFENSE 108 TABLE 31 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 108 TABLE 32 DEFENSE ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 108 7.3.1 DESTROYERS 108 7.3.1.1 Defense forces of US, UK, and India to focus on integration of electric propulsive destroyers 108 7.3.2 FRIGATES 109 7.3.2.1 Electric and hybrid propulsion used in frigates either directly or along with diesel engine 109 7.3.3 CORVETTES 109 7.3.3.1 South Korea key market for corvettes with all-electric propulsion 109 7.3.4 OFFSHORE SUPPORT VESSELS 109 7.3.4.1 Adoption of hybrid propulsion technology for OSVs to increase during forecast period 109 7.3.5 AIRCRAFT CARRIERS 109 7.3.5.1 Indian Navy states possibility of using aircraft carrier with hybrid propulsion 109 7.3.6 SUBMARINES 109 7.3.6.1 US, France, and India — currently using or developing electric propulsion systems 109 8 ELECTRIC SHIPS MARKET, BY TYPE 110 8.1 INTRODUCTION 111 FIGURE 34 FULLY ELECTRIC SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 111 TABLE 33 ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 111 TABLE 34 ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 111 TABLE 35 CRUISE SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS) 112 TABLE 36 YACHTS MARKET VOLUME, BY POWER SOURCE (UNITS) 112 TABLE 37 FERRY MARKET VOLUME, BY POWER SOURCE (UNITS) 112 TABLE 38 COMMERCIAL SHIPS MARKET VOLUME, BY POWER SOURCE (UNITS) 112 8.2 FULLY ELECTRIC 113 TABLE 39 GLOBAL ELECTRIC SHIP PROJECTS 113 TABLE 40 LIST OF FULLY ELECTRIC SHIPS 114 FIGURE 35 NUMBER OF FULLY ELECTRIC SHIPS, BY COUNTRY, 2019 114 TABLE 41 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 114 TABLE 42 FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 115 8.2.1 BATTERY 115 8.2.1.1 Lithium battery 115 8.2.1.1.1 Major power source for hybrid and fully electric vessels 115 8.2.1.2 Lead acid battery 115 8.2.1.2.1 Wide range of applications in marine sector 115 8.2.2 ELECTRO-SOLAR 115 8.2.2.1 Involves use of renewable energy to recharge batteries in ships 115 8.2.3 FUEL CELLS 116 8.2.3.1 Alternative to lithium-ion and lead acid batteries 116 TABLE 43 ONGOING FUEL CELL PROJECTS IN SHIPPING INDUSTRY 116 8.3 HYBRID 117 FIGURE 36 EXPERT VIEWS ON HYBRID TECHNOLOGY 117 TABLE 44 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 117 TABLE 45 HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 118 8.3.1 DIESEL & BATTERY 118 8.3.1.1 Significant advancements to encourage adoption of hybrid-electric propulsion in large cruise ships 118 8.3.2 LPG/LNG & BATTERY 118 8.3.2.1 LPG/LNG engines use electric propulsion motors to power ships 118 9 ELECTRIC SHIPS MARKET, BY END USE 119 9.1 INTRODUCTION 120 FIGURE 37 NEWBUILD & LINE FIT SEGMENT EXPECTED TO LEAD MARKET DURING FORECAST PERIOD 120 TABLE 46 ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 120 TABLE 47 ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 121 9.2 NEWBUILD & LINE FIT 121 9.2.1 HIGH DEMAND FOR FULLY ELECTRIC FERRIES IN EUROPE 121 9.3 RETROFIT 122 9.3.1 INCREASE IN RETROFITTING TO INCREASE EFFICIENCY AND EXTEND DURABILITY OF VESSELS 122 10 ELECTRIC SHIPS MARKET, BY POWER 123 10.1 INTRODUCTION 124 FIGURE 38 75–150 KW SEGMENT PROJECTED TO DOMINATE ELECTRIC SHIPS MARKET DURING FORECAST PERIOD 124 TABLE 48 ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION) 124 TABLE 49 ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION) 125 10.2 <75 KW 125 10.2.1 DEMAND FOR FULLY ELECTRIC YACHTS IN EUROPE TO DRIVE MARKET 125 10.3 75–150 KW 125 10.3.1 USE OF FULLY ELECTRIC FERRIES FOR TRANSPORT TO BOOST MARKET 125 10.4 151–745 KW 126 10.4.1 CARGO VESSELS WITH 151–745 KW POWER RANGE TO PRESENT LARGE RETROFIT MARKET 126 10.5 746–7,560 KW 126 10.5.1 INCREASED DEVELOPMENT OF HYBRID PROPULSION IN 746–7560 KW SEGMENT 126 10.6 >7,560 KW 126 10.6.1 ADOPTION OF HYBRID-ELECTRIC PROPULSION SYSTEMS CHALLENGING IN SHIPS WITH HIGH POWER CAPACITY 126 11 ELECTRIC SHIPS MARKET, BY TONNAGE 127 11.1 INTRODUCTION 128 FIGURE 39 <500 DWT SEGMENT PROJECTED TO LEAD ELECTRIC SHIPS MARKET DURING FORECAST PERIOD 128 TABLE 50 ELECTRIC SHIPS MARKET, BY TONNAGE, 2018–2021 (USD MILLION) 128 TABLE 51 ELECTRIC SHIPS MARKET, BY TONNAGE, 2022–2030 (USD MILLION) 129 11.2 <500 DWT 129 11.2.1 RISE IN DEMAND FOR PUBLIC TRANSPORT VESSELS TO DRIVE MARKET 129 11.3 500–5,000 DWT 129 11.3.1 INCREASING MARINE TRADE ACROSS VARIOUS INDUSTRIES TO BOOST MARKET 129 11.4 5,001–15,000 DWT 129 11.4.1 INCREASING CROSS-COUNTRY TRADE BY CARGO VESSELS TO DRIVE DEMAND 129 11.5 >15,000 DWT 130 11.5.1 GROWING DEFENSE MARINE INDUSTRY TO FUEL MARKET 130 12 ELECTRIC SHIPS MARKET, BY SYSTEM 131 12.1 INTRODUCTION 132 FIGURE 40 POWER CONVERSION SEGMENT TO GROW FASTEST DURING FORECAST PERIOD 132 TABLE 52 ELECTRIC SHIPS MARKET, BY SYSTEM, 2018–2021 (USD MILLION) 132 TABLE 53 ELECTRIC SHIPS MARKET, BY SYSTEM, 2022–2030 (USD MILLION) 133 12.2 ENERGY STORAGE SYSTEMS 133 FIGURE 41 TYPES OF ENERGY STORAGE SYSTEMS 133 FIGURE 42 FLYWHEEL, SMES, AND ULTRA-CAPACITORS: EFFICIENT FOR USE IN SHIPPING INDUSTRY 134 TABLE 54 COMPARISON OF PRINCIPAL ENERGY STORAGE SYSTEMS 134 12.2.1 <1,000 KW 135 12.2.1.1 <1,000 kW energy storage systems majorly required by small ships 135 12.2.2 1,001–5,000 KW 135 12.2.2.1 Tourism to drive 1,001–5,000-kW segment for Ro-Ro and sightseeing boats 135 12.2.3 >5,000 KW 135 12.2.3.1 >5,000 kW power used by large ships 135 12.3 POWER CONVERSION 135 12.4 POWER GENERATION 135 TABLE 55 ELECTRIC PROPULSION SHIP (8,444G/T, CEMENT CARRYING VESSEL) AND EXISTING SHIP: COMPARISON 136 12.4.1 GENERATORS 136 12.4.1.1 Rise in demand for electric propulsion to increase demand for generators 136 12.4.2 ENGINES 137 12.4.2.1 Hybrid propulsion to boost demand for engines 137 12.4.3 PROPULSION MOTORS 137 12.4.3.1 Retrofitting to fuel demand for propulsion motors 137 12.5 POWER DISTRIBUTION 137 13 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION 138 13.1 INTRODUCTION 139 FIGURE 43 MANNED SEGMENT TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD 139 TABLE 56 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION) 139 TABLE 57 ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION) 139 13.2 MANNED 140 13.2.1 RETROFITTING DIESEL-DRIVEN SHIPS WITH ELECTRIC AND HYBRID PROPULSION TO DRIVE SEGMENT 140 13.3 REMOTELY OPERATED 140 13.3.1 INCREASING INVESTMENTS IN REMOTELY OPERATED SHIPS TO BOOST SEGMENT 140 13.4 AUTONOMOUS 140 13.4.1 INCREASING INVESTMENTS DRIVE MARKET FOR AUTONOMOUS ELECTRIC SHIPS 140 FIGURE 44 VIEWS ON AUTONOMY IN ELECTRIC SHIPS BY INDUSTRY EXPERTS 141 14 ELECTRIC SHIPS MARKET, BY RANGE 142 14.1 INTRODUCTION 143 FIGURE 45 50–100 KM SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 143 TABLE 58 ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION) 143 TABLE 59 ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION) 144 14.2 <50 KM 144 14.2.1 ADOPTION OF FULLY ELECTRIC PASSENGER FERRIES AND TUGS TO DRIVE SEGMENT 144 14.3 50–100 KM 144 14.3.1 DEMAND FOR FULLY ELECTRIC INLAND CONTAINER SHIPS TO FUEL MARKET 144 14.4 100–1,000 KM 145 14.4.1 INCREASED DEMAND FOR RETROFITTING CARGO VESSELS TO FUEL SEGMENT 145 14.5 >1,000 KM 145 14.5.1 HIGH DEMAND FOR LONG-DISTANCE CARGO VESSELS TO BOOST MARKET 145 15 REGIONAL ANALYSIS 146 15.1 INTRODUCTION 147 FIGURE 46 EUROPE ESTIMATED TO HOLD LARGEST SHARE OF ELECTRIC SHIPS MARKET IN 2022 147 15.1.1 REGIONAL RECESSION IMPACT ANALYSIS 148 FIGURE 47 NAVAL BUDGET TREND, BY REGION (2019–2022) 148 TABLE 60 REGIONAL RECESSION IMPACT ANALYSIS 149 TABLE 61 ELECTRIC SHIPS MARKET, BY REGION, 2018–2021 (USD MILLION) 150 TABLE 62 ELECTRIC SHIPS MARKET, BY REGION, 2022–2030 (USD MILLION) 150 15.2 NORTH AMERICA 151 15.2.1 PESTLE ANALYSIS: NORTH AMERICA 151 FIGURE 48 NORTH AMERICA: ELECTRIC SHIPS MARKET SNAPSHOT 153 TABLE 63 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 153 TABLE 64 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 153 TABLE 65 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 154 TABLE 66 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 154 TABLE 67 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 154 TABLE 68 NORTH AMERICA: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 154 TABLE 69 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 154 TABLE 70 NORTH AMERICA: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 155 TABLE 71 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 155 TABLE 72 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 155 TABLE 73 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 155 TABLE 74 NORTH AMERICA: COMMERCIAL ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 156 TABLE 75 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 156 TABLE 76 NORTH AMERICA: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 156 TABLE 77 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 156 TABLE 78 NORTH AMERICA: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 157 TABLE 79 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 157 TABLE 80 NORTH AMERICA: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 157 TABLE 81 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION) 158 TABLE 82 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION) 158 TABLE 83 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 158 TABLE 84 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 158 TABLE 85 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION) 159 TABLE 86 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION) 159 TABLE 87 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2018–2021 (USD MILLION) 159 TABLE 88 NORTH AMERICA: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION) 159 15.2.2 US 160 15.2.2.1 High demand for luxury sailing to increase adoption of electric boats 160 TABLE 89 US: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 160 TABLE 90 US: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 160 TABLE 91 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 160 TABLE 92 US: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 161 TABLE 93 US: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 161 TABLE 94 US: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 161 15.2.3 CANADA 161 15.2.3.1 Strategic government decision to develop indigenous marine industry 161 TABLE 95 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 162 TABLE 96 CANADA: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 162 TABLE 97 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 162 TABLE 98 CANADA: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 162 TABLE 99 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 163 TABLE 100 CANADA: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 163 15.3 EUROPE 163 15.3.1 PESTLE ANALYSIS: EUROPE 163 FIGURE 49 EUROPE: ELECTRIC SHIPS MARKET SNAPSHOT 165 TABLE 101 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 166 TABLE 102 EUROPE: ELECTRIC SHIPS MARKET, BY COUNTRY, 2022–2030 (USD MILLION) 166 TABLE 103 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 166 TABLE 104 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 166 TABLE 105 EUROPE: FULLY ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 167 TABLE 106 EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 167 TABLE 107 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 167 TABLE 108 EUROPE: HYBRID ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 167 TABLE 109 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 167 TABLE 110 EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 168 TABLE 111 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 168 TABLE 112 EUROPE: ELECTRIC COMMERCIAL SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 168 TABLE 113 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 168 TABLE 114 EUROPE: ELECTRIC PASSENGER VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 169 TABLE 115 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 169 TABLE 116 EUROPE: ELECTRIC CARGO VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 169 TABLE 117 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2018–2021 (USD MILLION) 169 TABLE 118 EUROPE: OTHER COMMERCIAL VESSELS MARKET, BY TYPE, 2022–2030 (USD MILLION) 170 TABLE 119 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2018–2021 (USD MILLION) 170 TABLE 120 EUROPE: ELECTRIC SHIPS MARKET, BY MODE OF OPERATION, 2022–2030 (USD MILLION) 170 TABLE 121 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 170 TABLE 122 EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 171 TABLE 123 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2018–2021 (USD MILLION) 171 TABLE 124 EUROPE: ELECTRIC SHIPS MARKET, BY RANGE, 2022–2030 (USD MILLION) 171 TABLE 125 EUROPE: ELECTRIC SHIPS MARKET, BY POWER 2018–2021 (USD MILLION) 171 TABLE 126 EUROPE: ELECTRIC SHIPS MARKET, BY POWER, 2022–2030 (USD MILLION) 172 15.3.2 NORWAY 172 15.3.2.1 Implementation of IMO rule to drive adoption of hybrid or electric propulsion 172 FIGURE 50 CO2 EMISSIONS FROM DOMESTIC SHIPPING IN NORWAY 172 TABLE 127 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 173 TABLE 128 NORWAY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 173 TABLE 129 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 173 TABLE 130 NORWAY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 173 TABLE 131 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 174 TABLE 132 NORWAY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 174 15.3.3 GREECE 174 15.3.3.1 Stringent IMO 2020 rule to drive demand for electric ships 174 TABLE 133 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 174 TABLE 134 GREECE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 174 TABLE 135 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 175 TABLE 136 GREECE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 175 TABLE 137 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 175 TABLE 138 GREECE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 175 15.3.4 NETHERLANDS 176 15.3.4.1 Push toward using zero-emission ships to reduce costs and improve efficiency 176 TABLE 139 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 176 TABLE 140 NETHERLANDS: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 176 TABLE 141 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 176 TABLE 142 NETHERLANDS: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 177 TABLE 143 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 177 TABLE 144 NETHERLANDS: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 177 15.3.5 FINLAND 177 15.3.5.1 Major focus on green marine technologies 177 TABLE 145 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 178 TABLE 146 FINLAND: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 178 TABLE 147 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 178 TABLE 148 FINLAND: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 178 TABLE 149 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 178 TABLE 150 FINLAND: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 179 15.3.6 GERMANY 179 15.3.6.1 Upgrades of ship equipment to boost demand for electric ships 179 TABLE 151 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 179 TABLE 152 GERMANY: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 179 TABLE 153 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 180 TABLE 154 GERMANY: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 180 TABLE 155 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 180 TABLE 156 GERMANY: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 180 15.3.7 DENMARK 180 15.3.7.1 Presence of stringent environmental regulations 180 TABLE 157 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 181 TABLE 158 DENMARK: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 181 TABLE 159 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 181 TABLE 160 DENMARK: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 181 TABLE 161 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 181 TABLE 162 DENMARK: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 182 15.3.8 REST OF EUROPE 182 TABLE 163 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2018–2021 (USD MILLION) 182 TABLE 164 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY TYPE, 2022–2030 (USD MILLION) 182 TABLE 165 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2018–2021 (USD MILLION) 183 TABLE 166 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY SHIP TYPE, 2022–2030 (USD MILLION) 183 TABLE 167 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2018–2021 (USD MILLION) 183 TABLE 168 REST OF EUROPE: ELECTRIC SHIPS MARKET, BY END USE, 2022–2030 (USD MILLION) 183