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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The battery-powered fishing boat that can be recharged helps fishermen earn more money while using less fossil fuel.
Fishing operations are now centred in open water, with an offshore structure serving as the base of operations.
This structure has a power station for recharging batteries and a cold storage facility for gathering all the fish, which helps to reduce the battery's capacity.
The Global electric fishing vessel 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.
The Eelex 8000 is being offered by X Shore and is equipped with a robust 126 kWh battery and a 225 kW (300 hp) motor.
The Hurtigruten Svalbard launch event, a joint venture between Volvo Penta, Marell Boats, and Hurtigruten, demonstrated the capabilities of the ship built for Arctic exploration.
This pioneering hybrid-electric ship can travel 500 nautical miles at a top speed of 30 knots and a cruising speed of 24 knots.
A new line of fishing boats powered by solar energy is now being developed by the Indian startup technology business NavAlt Solar and Electric Boats.
Each vessel will have a catamaran hull, a big main deck, and a place to store fish. Each boat will have an electric motor that is powered by a specialised battery pack that can be recharged using the local grid and the solar panels that have been installed.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
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 |