GLOBAL YACHT GENERATOR MARKET

INTRODUCTION

Yacht generators are an essential component to power all “Hotel loads” whether in a passage or while its anchored at marina or in ocean.

So far, the generators on yachts are either Diesel or hybrid powered with significant carbon emissions depending on power output.

After 2016 Paris Agreement, some radical changes in all lifestyles to meet greenhouse carbon emissions and generating green power on yachts is therefore gaining traction now.

Boatbuilders are now increasingly adopting greener propulsion and sustainable power sources, and therefore looking up to natural and recyclable materials.

GLOBAL YACHT GENERATOR MARKET DYNAMICS

As of Aug 2020, less than 1.5% of marine propulsion systems are electric.

As electrification gains momentum in coming years, serial hybrid power with a large battery bank with a mix of solar and hydro power generation could be a possible solution. This arrangement could reduce carbon footprints by 90%, and with the safety of using a compact, low powered generator meant for emergency purpose or peace of mind.

Hydrogeneration- another green source of electricity, in terms of using the propeller to create power under sail could also grow in coming years.

As electric sailboats gain more traction in the market, the need to be generate electricity not just by passive means (solar panels, wind and hydrogenator) but also by active means i.e. electricity generated by movement of boat under sail mode is growing

The SeaClean System, which is designed to remove hazardous particles from marine diesel generator exhaust, has been assigned to Lizard Yacht Service as the sole European distributor.

SeaClean was first introduced at the Fort Lauderdale Boat Show, and it is reported to have had a considerable impact on luxury boat owners in the United States and the Caribbean. For the first time, Europe's sole distribution rights have been awarded.

Lizard Yacht Service provides components and technical services to luxury yacht and superyacht clients from its locations in Falmouth, UK, and Palma, Mallorca.

Hull staining from generator exhaust can necessitate harsh cleaning. Luxury yacht owners want their vessels to be in immaculate condition. In addition to being inconvenient, this constant washing might damage the hull over time.

Soot pollution from diesel engines has become a major cause in higher yacht and other motor vessel maintenance expenses.It's also a big no-no to have soot from the ship's exhaust floating around in the sea. Exhaust gases and soot particles have an impact on a yacht's daily surroundings, as well as the enjoyment of the owner and guests while onboard.

These issues are addressed by the SeaClean System. Up to 98 percent of the soot and other pollutants in the exhaust flow that would otherwise be released into the atmosphere are captured by the system.

This exhaust treatment device is very revolutionary. It is possible to achieve significant reductions in engine emissions as well as running costs. SeaClean may assist yacht owners in lowering their carbon footprint and making their vessels more environmentally friendly, as well as extending the generator's life cycle.

LIMITATION OF GREEN GENERATORS

The limitation with green power generation is how much energy can be stored in a battery, because of the energy density of batteries

Torqeedo’s Deep Blue technology and use of BMW’s top-selling EV, i3`s lithium-ion batteries for superior energy density gives it an edge over others

Boat systems expert Nigel Calder has helped design an alternator which eliminates the need for a generator on board.Mounted on the engine, the alternator(Integrel) can produce 5-10X more power which is then transferred to atleast 10kWh Lead-Acid batteries.

The Integrel can produce 2kW of power without increasing fuel consumption or reducing speed i.e. just by utilising the engine’s wasted capacity. It has already been installed on a new Southerly 480, a Malo 46 and a few other boats.

GLOBAL YACHT GENERATOR MARKET SEGMENTATION

By Generator power output

• Under 5kW
• 5kW-15kW
• More than 15kW

By Motor type

• Diesel
• Hybrid

By Region

• US
• Europe
• Asia
• Rest of the world

GLOBAL YACHT GENERATOR MARKET SIZE AND FORECAST

The global Yacht Generator market is estimated at $XX Billion in 2020, growing at --% CAGR till 2025.

COMPETITIVE LANDSCAPE

The yacht generator market competitive landscape is dominated by conventional Diesel generator manufacturers like Volvo Penta, MTU, Fischer Panda.

In March 2020, Cummins unveiled three new models — the 9kW, 11.5kW and 13.5kW, further building on the existing offerings of 4kW and 7.5kW, designed for use in both diesel- and gasoline-powered boats.

In Jan 2020, Fischer Panda, developed a complete brand-new range of variable-speed Hybrid DC Generators for battery-charging.  The new control system allows various set-ups as well as the connection to a CAN BUS system. The new system allows the yacht to be either driven by batteries or in a hybrid mode and the variable-speed Hybrid DC generator. 

In coming years, we expect some aggressive moves from green power companies.

For example, Torqeedo is planning a new range-extending DC generator specifically for hybrid sailing boats. The existing unit is built by WhisperPower and provides 25kW.The upcoming genset will be designed to operate at optimum revs, and DC to DC conversion will decouple the battery voltage from the charging voltage, for higher efficiency.

Oceanvolt has been working on electricity regeneration for more than 15 years and has produced a system based on its ServoProp variable pitch propeller.  The software-controlled variable pitch saildrive adjusts the pitch of the propeller blades to generate optimal power output.

COMPANY PROFILES

1. Fischer Panda
2. Volvo Penta
3. MTU
4. Caterpillar
5. Sole Diesel
6. Kohler marine
7. Northern Lights
8. Nanni Industries
9. Lombardini Marine
10. WhisperPower
11. Volpi Techno Energia
12. Mase Generators
13. NPS Diesel

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 Generator market and suppliers` earnings
5. Yacht Generator Technology trends