Electric Ships Market

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Electric Ships Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Electric Ships Market Segments
The Business Research Company segments its
Electric Ships market report as
By Type
Fully Electric, Hybrid
By Mode of Operation
Manned, Remotely Operated, Autonomous
Energy Storage Systems, Power Conversion, Power
Generation, Power Distribution
By System
By Power
Less Than 75 KW, 75 to 150 KW, 151 to 745 KW, 746
to 7,560 KW, Greater Than 7,560 KW
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Electric Ships Market Statistics
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 electric ships market size is expected to
grow to 12.97 billion in 2027 at a CAGR of
12.5.
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Key Market Drivers And Trends
Drivers
The rise in the adoption of hybrid and electric
propulsion for retrofitting ships is anticipated
to drive the growth of the electric ship market.
Trends
Technological advancements are shaping the
electric ship market.
Region
Western Europe was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Electric Ships market are
• ABB Ltd.
• Wartsila
• Kongsberg
• Norwegian Electric Systems AS
• Corvus Energy
• And more.

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