Global Electric Cruise Ship Market 2024-2030
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Global Electric Cruise Ship Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

ELECTRIC CRUISE SHIP MARKET

 

INTRODUCTION

Any boat or ship with an electric drive system as its principal propulsion method is referred to as an "electric boat."

 

From tugboats, ferries, cargo ships, and barges to tour boats, fishing trawlers, cruise yachts, and autonomous underwater vehicles, it can be an all-battery electric, hydrogen fuel cell electric, or electric hybrid boat or ship. 

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Unlike traditional diesel-powered ships, electric ships are propelled by electricity. The electric motors on these ships are propelled by a battery storage system.

 

An electric ship can employ a variety of batteries, including fuel cells, lead-acid batteries, and lithium-ion batteries. Ferries and smaller passenger vessels on interior waterways represent the majority of electric ships.

 

With an 80 km range on a single charge, they can only go short distances. Additionally, light-weight ships that just need a little amount of electricity are also fueled by solar energy.

 

Cargo ships use a hybrid diesel-electric system because their large weight prevents a fully electric system from providing the power they need.

 

ELECTRIC CRUISE SHIP MARKET SIZE AND FORECAST

 

The Global electric cruise ship market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

ELECTRIC CRUISE SHIP MARKET RECENT PARTNERSHIP

 

With Orange Marine, Global Mercy, and Oceano, ABB secured three contracts to deploy their newly created Azipod Electric Propulsion System.

 

Wartsila and SAACKE, a global supplier of marine fire plants for seagoing vessels, offshore plants, and LNG tankers with headquarters in Germany, signed a strategic cooperation agreement.

 

Norwegian Electric Systems (Norway) awarded Corvus Energy a contract to supply the hybrid ship with the largest battery package in the maritime industry.

 

To develop an autonomous electric container ship with the name Yara Birkland, Varda was given a contract by Yara. 29 million USD is the contract's worth.

 

 

ELECTRIC CRUISE SHIP MARKET COMPANY PROFILE

 

 

THIS ELECTRIC CRUISE SHIP MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost perGlobal electric cruise ship marketright now and how will it change in the next 5-6 years?
  2. Average cost to set up aGlobal electric cruise ship marketin the US, Europe and China?
  3. How manyGlobal electric cruises ship marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of aGlobal electric cruise ship marketand key vendor selection criteria
  6. Where is theGlobal electric cruise ship market manufactured? What is the average margin per equipment?
  7. Market share ofGlobal electric cruise ship marketmanufacturers and their upcoming products
  8. The most important plannedGlobal electric cruise ship marketin next 2 years
  9. Details on network of majorGlobal electric cruise ship marketand pricing plans
  10. Cost advantage for OEMs who manufactureGlobal electric cruise ship marketin-house
  11. 5 key predictions for next 5 years inGlobal electric cruise ship market
  12. Average B-2-BGlobal electric cruise ship marketprice in all segments
  13. Latest trends inGlobal electric cruise ship market, by every market segment
  14. The market size (both volume and value) ofGlobal electric cruise ship marketin 2024-2030 and every year in between?
  15. Global production breakup ofGlobal electric cruise ship market, by suppliers and their OEM relationship

 

 

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix