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Global Electric Boats and Ships Market 2017-2027: 100+ Manufacturers with a $20 Billion Market - Research and Markets

DUBLIN, Apr. 6, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Electric Boats and Ships 2017-2027" report to their offering.

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This brand-new report looks at this fragmented but often highly profitable and growing sector. There are already over 100 manufacturers of electric boats and ships. The report finds that the market for hybrid and pure electric boats and ships will rise rapidly to over $20 billion worldwide in 2027 for non-military versions. Recreational boats is the largest and fastest growing electric marine market in sales number, followed by underwater leisure and autonomous underwater vehicles.

On-water commercial marine category is currently the largest marine EV value market. Leisure craft on inland waterways, notably in the USA and Europe, will become the largest sector as more places from Germany to India ban internal combustion engines or, as with SunMoon Lake in Taiwan, the operators unanimously agree to go clean and quiet.

The decade will end with huge environmental pressures making owners of industrial and commercial seagoing craft clean up more rapidly. Long life of a ship will no longer be an excuse. One large ship can emit the global warming carbon dioxide of 70,000 cars, the acidic nitrogen oxides of two million cars and the carcinogenic particulates of 2.5 million cars. Volkswagen dieselgate is not the only scandal!

Hybrid and pure electric marine vessels (EVs), with electric propulsion some or all of the time, have been around for over 100 years. The electric boat Lady Lena dates from 1890. Currently, the market for electric and hybrid watercraft is still significantly low with about 1-2% of the addressable market.

All-electric systems consist of an electric motor being powered by a battery pack. Hybrid electric systems consist of a fuelled engine and energy storage used to propel the craft sometimes (parallel hybrid) or to charge the battery (series hybrid). The report, "Electric Boats and Ships 2017-2027" gives a profusion of examples today and planned - the sweet spot being small to medium craft. Traditional "electric drive" where there is no substantial battery and therefore no pure electric mode or even downsized engine is mainly suited to large craft: it is seen in diesel-electric and nuclear-electric ships and submarines not covered in the report.

Beyond new electric craft, there is already a substantial and growing business in retrofit of hybrid electric ferries and other ships with pure electric or hybrid electric powertrains. There is also potential to sell hundreds of thousands of pure electric outboard motors yearly as they become more affordable and more energy harvesting is provided on the craft to charge the batteries, improving range. Cost of ownership plummets due to due to cheap electricity, energy harvesting and reliability. The report explains the many new forms of energy harvesting delivering on-board I electricity.

Key Topics Covered:

1. Executive Summary

2. Why Do We Need Electric & Hybrid Marine Vessels

3. Key Drivers For Electric And Hybrid Marine Vessels

4. Benefits Of Electric & Hybrid Marine Vessels - A Closer Look

5. Definition Of Marine Vessels Market Segments

6. Market Analysis And Forecast 2017-2027

7. Autonomous Underwater Vehicles

8. Underwater Leisure Marine

9. Key Enabling Technologies For Marine Electric Vehicles

10. Marine Propulsion Technologies

11. Energy Storage

12. Marine Batteries

13. Examples Of Pure Electric & Hybrid Marine Vessels

14. Other Energy Storage Systems For Marine Vessels - Supercapacitors And Fuel Cells

15. Fuel Cell Technology For Marine Application

16. Autonomous Marine Vehicle

17. Energy Harvesting In Marine Applications

18. Conclusions

Companies Mentioned

- Akasol
- Echo Voyagers
- Hyundai
- Leclanché
- Liquid Robotics
- M.V. Klitsa
- XALT Energy

For more information about this report visit http://www.researchandmarkets.com/research/s3gxcj/electric_boats

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-electric-boats-and-ships-market-2017-2027-100-manufacturers-with-a-20-billion-market---research-and-markets-300436108.html