CHICAGO, July 17, 2023 /PRNewswire/ — The Marine Electric Vehicle Market size is projected to grow from USD 10.1 billion in 2022 to USD 29.1 Billion by 2030, at a CAGR of 16.4 % from 2023 to 2030 according to a new report by MarketsandMarkets™. The increase in electric maritime solutions is driving growth in the market.
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Browse in-depth TOC on “Marine Electric Vehicle Market”
350 – Tables
70 – Figures
300 – Pages
Marine Electric Vehicle Market Report Scope:
Report Coverage |
Details |
Market Revenue in 2022 |
$10.1 billion |
Estimated Value by 2030 |
$29.1 Billion |
Growth Rate |
Poised to grow at a CAGR of 16.4% |
Market Size Available for |
2020–2030 |
Forecast Period |
2022–2030 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Technology, Ship Type, Mode of Operation, Vessel Transport, Range and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and Rest of World |
Key Market Challenge |
High initial capital expenditure |
Key Market Opportunities |
Increasing adoption of electric propulsion technologies into the UUV market |
Key Market Drivers |
Growing maritime tourism, including underwater and surface water sport industry |
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