Global Marine Battery Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

  • Global Marine Battery Market; Segmented by Ship Type (Defense and Commercial); By Propulsion Type (Conventional, Fully Electric and Hybrid); and By Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030

    Product overview

    Batteries of the Marine powerboat are an essential part of any powerboat. It is used mainly for the ignition of motorboat's engine and electrical components such as doors, powerboat lights and sea fuse blocks. For fuel injection and starting motor, electric power is required which in turn starts the powerboat. During the initial ignition phase, the electricity is supplied through a marine powerboat battery. The type of marine powerboat battery required depends primarily on the following.

    Market Highlights

    Fatpos Global anticipates the Marine battery market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. The rise in marine transport has increased market leaders' initiatives to strengthen the capacity of marine batteries, power supply and reliability. Water sports are becoming increasingly preferred at global level which drives the market growth. Global action to limit harmful emissions has forced the market players to develop new battery designs and technologies that contribute to sustainability.

    Marine battery Market: Segments

    Global market has been segmented on the basis of Ship type, by propulsion type and by region.

    The commercial segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.

    Global Marine battery Market is segmented by ship type into Defense and Commercial. The demand for advanced marine batteries for commercial purposes is anticipated to increase during the forecast period on the back of opportunities such as rising seaborne trade, increased maritime tourism industry and introduction of the IMO sulfur 2020 Regulation. The commercial section consists of shipping carriers such as container ships, bulk carriers, tankers and cargo vessels and other passenger ships and other boats such as fishing vessels, and laboratory boats, dredgers, tugs, search vessels and underwater ships.

    Global Marine battery Market: Market Dynamics

    Increasing marine transportation and Need for reducing harmful emission to increase the growth for the marine battery market

    The rising in the rate of sea transport has increased market leaders' efforts to boost the capacity, energy supply and reliability of marine batteries is expected to increase growth of the marine battery market. The increasing global preference for water sports is also a major driver for market growth. Global policies for reducing harmful emissions have pushed market players to build new battery designs and technologies that contribute to sustainability and spur growth.

    Limited capacity of ships and shortened range to hamper the growth of the market

    The factors that may hinder the market growth are limited range of fully electric ships. Another drawback is that the capacity of existing ships is too less and need a massive infrastructural development.

    Global Marine battery Market: Regions

    The region segment can be further divided into five major types including North America, Latin America, Europe, APAC and MENA.

    The growth of the European shipbuilding industry is one of the most important contributing factors to hybrid propulsion ship demand in the world. The growth of the demand in marine batteries in Europe is further motivated by increased investments in the electrification of ships and the restructuring of shipbuilding companies.

    Global Marine battery Market: Key Players

    • Corvus Energy

    o Company Overview

    o Business Strategy

    o Key Product Offerings

    o Financial Performance

    o Key Performance Indicators

    o Risk Analysis

    o Recent Development

    o Regional Presence

    o SWOT Analysis

    • Saft

    • Leclanche

    • Lithium Werks

    • XALT Energy

    • Spear Power Systems

    • EverExceed Industrial Co. Ltd.

    • Akasol AG

    • Other prominent players

    Global Marine battery market report also contains analysis on:

    • Marine Battery Market Segments:

    • By Ship type:

    o Defense

    o Commercial

    • By Propulsion type:

    o Conventional

    o Fully Electric

    o Hybrid

    • Marine Battery Market Dynamics

    • Marine Battery Market Size

    • Supply & Demand

    • Current Trends/Issues/Challenges

    • Competition & Companies Involved in the Market

    • Value Chain of the Market

    • Market Drivers and Restraints

     

  • With tables and figures helping analyze worldwide Global Marine Battery market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Contents

    1. Executive Summary

    2. Marine battery Market
    2.1. Product Overview
    2.2. Market Definition
    2.3. Segmentation
    2.4. Assumptions and Acronyms

    3. Research Methodology
    3.1. Research Objectives
    3.2. Primary Research
    3.3. Secondary Research
    3.4. Forecast Model
    3.5. Market Size Estimation

    4. Average Pricing Analysis

    5. Market Dynamics
    5.1. Growth Drivers
    5.2. Restraints
    5.3. Opportunity
    5.4. Trends

    6. Correlation & Regression Analysis
    6.1. Correlation Matrix
    6.2. Regression Matrix

    7. Recent Development, Policies & Regulatory Landscape

    8. Risk Analysis
    8.1. Demand Risk Analysis
    8.2. Supply Risk Analysis

    9. Marine battery Market Analysis
    9.1. Porters Five Forces
    9.1.1. Threat of New Entrants
    9.1.2. Bargaining Power of Suppliers
    9.1.3. Threat of Substitutes
    9.1.4. Rivalry
    9.2. PEST Analysis
    9.2.1. Political
    9.2.2. Economic
    9.2.3. Social
    9.2.4. Technological

    10. Marine battery Market
    10.1. Market Size & forecast, 2019A-2030F
    10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    10.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    11. Marine battery Market: Market Segmentation
    11.1. By Regions
    11.1.1. North America:(U.S. and Canada)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.2. By ship type: Market Share (2020-2030F)
    11.2.1. defense, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.2.2. Commercial, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.3. By propulsion type: Market Share (2020-2030F)
    11.4.1. Conventional , By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.4.2. Fully electric, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.4.3. Hybrid, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12. Company Profile
    12.1. Corvus energy
    12.1.1. Company Overview
    12.1.2. Business Strategy
    12.1.3. Key Product Offerings
    12.1.4. Financial Performance
    12.1.5. Key Performance Indicators
    12.1.6. Risk Analysis
    12.1.7. Recent Development
    12.1.8. Regional Presence
    12.1.9. SWOT Analysis
    12.2. Saft
    12.3. Leclanche
    12.4. Lithium Werks
    12.5. XALT Energy
    12.6. Spear Power Systems
    12.7. EverExceed Industrial Co. Ltd.
    12.8. Akasol AG
    12.9. Other prominent players
    Consultant Recommendation
    **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable

     

  • The Global Marine Battery Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
          Frequently asked questions(FAQ's):
          What is the major concern of the players in the Global Marine Battery Market?

          As manufacturers prepare to scale up, Global Marine Battery companies must be clear and transparent about the impact of such volatility on the balance sheet.

          What are the major applications of the Global Marine Battery Market?

          Depending upon the type of applications, the Global Marine Battery Market has been segmented into and other applications.

          How big is the Global Marine Battery Market by 2029?

          It is expected that the Global Marine Battery Market will reach USD XX million by 2029.

          Where does the Global Marine Battery Industry stands in terms of scaling end-use implementations?

          According to the Global Marine Battery Market research paper, organizations are making more progress than their supply chain counterparts, including suppliers.

          What is the estimated global market value of the Global Marine Battery Market?

          The Global Marine Battery Market is expected to reach a considerable market valuation.

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