Global Yacht Battery Market 2020-2025

September 2, 2020
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GLOBAL YACHT BATTERY MARKET

The developments in automotive industry has always had a direct bearing on the marine industry. It is no different in the case of batteries. Due to continued focus on electric cars. Lithium Ion technology in particular has undergone major development.

 

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There are definitely a lot of advantages in going electric- efficient powertrain, quiet operation and reduced carbon emissions. But batteries with higher energy density than of existing technologies especially for recreational boats which are used for relatively short runs still have lower price to benefit ratio.

 

GLOBAL YACHT BATTERY MARKET DYNAMICS

In Lithium ion battery segment, Solar panels are now found on most cruising yachts and vary hugely in quality and price. The main limitations are in available space where they can be mounted without being in shade.

There has been significant development in 3D printed batteries in 2020 and there is a real possibility of developing cheaper, more energy dense and versatile batteries in coming years.

Energy density of 3D printed batteries is higher as the battery modules don’t need extra substances to glue and wire them together.

3D printing can greatly improve the cost efficiency as it will eliminate the need to manufacture the cells separately and then assemble them into module.

 

GLOBAL YACHT BATTERY MARKET SEGMENTATION

By Battery type

  • Lead Acid
  • Lithium ion

 

By Yacht length

  • Under 35 ft
  • 36-60ft
  • More than 60 ft

By Region

  • US
  • Europe
  • Asia
  • Rest of the world

 

 

GLOBAL YACHT BATTERY MARKET SIZE AND FORECAST

The growth of yacht battery market will closely depend on the growth in charging infrastructure. For example, in Netherlands, Skoon energy and Port of Amsterdam launched floating battery terminal powered by renewable energy to bring mobile energy storage into the port and inner city of Amsterdam. 

 

The global Yacht Battery market is estimated at $XX Million in 2020, growing at –% CAGR till 2025.

 

 

COMPETITIVE LANDSCAPE

There are more than 10 players in yacht battery market. Almost all battery manufacturers are actively researching on solid state battery and trying to figure out what the combination of solid electrolyte with different metals and oxides in the electrodes.

The energy density of a battery pack can greatly help in reducing range anxiety in electric boats. To achieve that, the lithium-sulphur batteries developed by Oxis Energy in the UK have a power density of 500-watt hours per kilogram or double of Tesla Model 3 batteries.

Taiwan based Xing Mobility has developed a Modular Battery System where the batteries are immersed in a non-conductive cooling fluid and can be assembled to power any kind of boats/yachts. Every unit is made up of 42 lithium ion cells, surrounded by the coolant

 

COMPANY PROFILES

  1. Whisper power
  2. Xing Mobility
  3. Sea Drive
  4. Dragonfly Energy
  5. GS Yuasa
  6. Oxis Energy
  7. Super B

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. Market Size and Forecast (2020-2025), Units and $M
  2. Market split by region, end use segment and generator Power output
  3. Market share of leading vendors, 2020
  4. COVID impact on Yacht Battery market and suppliers` earnings
  5. Yacht Battery Technology trends

 

 

 

 

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, 2020-2025
18Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025
19Market Segmentation, Dynamics and Forecast by Application, 2020-2025
20Market Segmentation, Dynamics and Forecast by End use, 2020-2025
21Product installation rate by OEM, 2020
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, 2020
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix

 

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