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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
A marine vessel can be started by sending power to the engine from an electric boat battery when the ignition switch is turned on. This is why they are also referred to as starter batteries.
The battery must send short, powerful bursts of energy to start a motor. For your boat, there are four distinct chemical types of marine batteries: Lithium, flooded wet cells, gel cells, and absorbed glass mat (AGM) batteries are all lead-acid batteries.
A battery's lifespan is influenced by numerous factors, but it typically lasts at least five years and can last up to ten years with proper maintenance. The outboard's alternator will charge the cranking battery once it is running to make up for the power used to start the motor and for other "house" needs like fish finders, bilge pumps, live well pumps, and navigation lights.
The internal lead plates of marine batteries are thicker than those of car batteries. They are able to discharge energy for a longer duration because of this. Due to the fact that boating environments are not nearly as smooth as driving on the road, housings are typically larger than equivalent car batteries and feature additional plastic protection.
The Global electric boat battery market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
The world's longest-range production electric boat, powered by Polestar batteries, is shown off by Candela. In August of last year, Candela and Polestar announced a partnership that would see automotive-grade EV batteries used in long-range electric boats. That day has come, and the two Swedish companies are using the brand-new Candela C-8 "Powered by Polestar" to show off the results of their partnership.
Candela's 8.5-meter (28-foot) C-8 electric boat is already in development and represents a significant advancement over the C-7. The C-8 can fly nearly a meter above the water's surface thanks to hydrofoiling technology controlled by highly precise, custom-designed flight control software.
By lifting the hull out of the water, this significantly reduces the boat's drag and uses approximately 80% less energy than conventional boats. The C-8 is more efficient than the majority of other electric powerboats, allowing it to travel further with a smaller battery pack and less powerful motors.
That range is getting an even larger boost now that the new C-8 Powered by Polestar is available. At a cruising speed of 22 knots, the new model now has a range rating of 57 nautical miles (65 miles or 105 kilometers) per charge. The C-8 has a limited range at maximum speed, but it can reach a top speed of 30 knots, or 34 mph, or 55 kilometers per hour.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |