The global electric power boats market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for electric power boats in various applications such as civil use and military use. The increasing demand for electric power boats in civil use is due to their low maintenance cost and high fuel efficiency, which makes them an attractive option for commercial fishing vessels and leisure crafts. In addition, the growing awareness about environmental pollution has led many people towards using electric power boats instead of conventional fuel-powered ones. The battery type segment accounted for the largest share of the global market in 2017, followed by marine generator type segment with a share of 27%. The battery type segment is expected to maintain its dominance throughout the forecast period owing to its low maintenance cost and high fuel efficiency compared with other types such as marine generator type. Furthermore, it offers higher speed than other types which makes it suitable for military applications where speed is important factor while carrying out missions on water bodies such as rivers or lakes that are not deep enough for larger ships or submarines.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric power boats is a major factor driving the growth of the market.
- The increasing number of people who are opting for eco-friendly modes of transportation is another factor that will drive the growth of this market in the coming years.
- The growing awareness about electric power boats among consumers and manufacturers will also fuel this market's growth in the near future.
- The rising disposable income levels and changing lifestyles are other factors that will contribute to this market's growth in the coming years.
- Increasing government regulations on emissions from diesel engines, which are used by most conventional boats, is another factor that will drive this market's growth.
Industry Growth Insights published a new data on “Electric Power Boats Market”. The research report is titled “Electric Power Boats Market research by Types (Battery Type, Marine Generator Type), By Applications (Civil Use, Military Use), By Players/Companies ElectraCraft, Aquawatt, Torqeeoo, LTS Marine, RAND Boats, Hinckley Company, FRAUSCHER, Bruce Schwab, Edorado Marine, Soel Yachts, Duffy Electric Boats, Q YACHTS, Hybrid Boats, Templar Marine, Mercury Marine”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Power Boats Market Research Report
By Type
Battery Type, Marine Generator Type
By Application
Civil Use, Military Use
By Companies
ElectraCraft, Aquawatt, Torqeeoo, LTS Marine, RAND Boats, Hinckley Company, FRAUSCHER, Bruce Schwab, Edorado Marine, Soel Yachts, Duffy Electric Boats, Q YACHTS, Hybrid Boats, Templar Marine, Mercury Marine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electric Power Boats Market Report Segments:
The global Electric Power Boats market is segmented on the basis of:
Types
Battery Type, Marine Generator Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Use, Military Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ElectraCraft
- Aquawatt
- Torqeeoo
- LTS Marine
- RAND Boats
- Hinckley Company
- FRAUSCHER
- Bruce Schwab
- Edorado Marine
- Soel Yachts
- Duffy Electric Boats
- Q YACHTS
- Hybrid Boats
- Templar Marine
- Mercury Marine
Highlights of The Electric Power Boats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Battery Type
- Marine Generator Type
- By Application:
- Civil Use
- Military Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Power Boats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric power boats are vessels that use electricity to provide propulsion.
Some of the major companies in the electric power boats market are ElectraCraft, Aquawatt, Torqeeoo, LTS Marine, RAND Boats, Hinckley Company, FRAUSCHER, Bruce Schwab, Edorado Marine, Soel Yachts, Duffy‚Â Electric Boats, Q YACHTS, Hybrid Boats, Templar Marine, Mercury Marine.
The electric power boats market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Power Boats Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Power Boats Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Power Boats Market - Supply Chain
4.5. Global Electric Power Boats Market Forecast
4.5.1. Electric Power Boats Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Power Boats Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Power Boats Market Absolute $ Opportunity
5. Global Electric Power Boats Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Power Boats Market Size and Volume Forecast by Type
5.3.1. Battery Type
5.3.2. Marine Generator Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Power Boats Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Power Boats Market Size and Volume Forecast by Application
6.3.1. Civil Use
6.3.2. Military Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Power Boats Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Power Boats Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Power Boats Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Power Boats Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Power Boats Demand Share Forecast, 2019-2026
9. North America Electric Power Boats Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Power Boats Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Power Boats Market Size and Volume Forecast by Application
9.4.1. Civil Use
9.4.2. Military Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Power Boats Market Size and Volume Forecast by Type
9.7.1. Battery Type
9.7.2. Marine Generator Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Power Boats Demand Share Forecast, 2019-2026
10. Latin America Electric Power Boats Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Power Boats Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Power Boats Market Size and Volume Forecast by Application
10.4.1. Civil Use
10.4.2. Military Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Power Boats Market Size and Volume Forecast by Type
10.7.1. Battery Type
10.7.2. Marine Generator Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Power Boats Demand Share Forecast, 2019-2026
11. Europe Electric Power Boats Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Power Boats Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Power Boats Market Size and Volume Forecast by Application
11.4.1. Civil Use
11.4.2. Military Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Power Boats Market Size and Volume Forecast by Type
11.7.1. Battery Type
11.7.2. Marine Generator Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Power Boats Demand Share, 2019-2026
12. Asia Pacific Electric Power Boats Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Power Boats Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Power Boats Market Size and Volume Forecast by Application
12.4.1. Civil Use
12.4.2. Military Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Power Boats Market Size and Volume Forecast by Type
12.7.1. Battery Type
12.7.2. Marine Generator Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Power Boats Demand Share, 2019-2026
13. Middle East & Africa Electric Power Boats Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Power Boats Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Power Boats Market Size and Volume Forecast by Application
13.4.1. Civil Use
13.4.2. Military Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Power Boats Market Size and Volume Forecast by Type
13.7.1. Battery Type
13.7.2. Marine Generator Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Power Boats Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Power Boats Market: Market Share Analysis
14.2. Electric Power Boats Distributors and Customers
14.3. Electric Power Boats Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ElectraCraft
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aquawatt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Torqeeoo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LTS Marine
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RAND Boats
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hinckley Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. FRAUSCHER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bruce Schwab
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Edorado Marine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Soel Yachts
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Duffy Electric Boats
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Q YACHTS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hybrid Boats
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Templar Marine
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Mercury Marine
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook