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Electric Ships Market 2023 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2032

Mallu Swetha
Electric Ships Market 2023 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2032

The Business Research Company’s Electric Ships Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electric Ships Global Market Report 2023 evaluates electric ships market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global electric ships market size grew from $7.19 billion in 2022 to $8.1 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The electric ships market size is expected to grow to $12.97 billion in 2027 at a CAGR of 12.5%.

The electric ships market segments in the report are:

1) By Type: Fully Electric, Hybrid

2) By Mode of Operation: Manned, Remotely Operated, Autonomous

3) By System: Energy Storage Systems, Power Conversion, Power Generation, Power Distribution

4) By Power: Less Than 75 KW, 75 to 150 KW, 151 to 745 KW, 746 to 7,560 KW, Greater Than 7,560 KW

5) By Range: Less Than 50 km, 50 to 100 km, 101 to 1000 km, Greater Than 1,000 km


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Mallu Swetha
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