Marine Electric Vehicle Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global marine electric vehicle market is expected to grow at a CAGR of around 9.1% during 2025-2034. This report on global marine electric vehicle market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global marine electric vehicle market by segmenting the market based on vehicle type, propulsion type, application, and region. Also, detailed profiles of companies operating in the marine electric vehicle market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Escalating Demand for Shipping
• Rising Environmental Concerns
• Technological Advancements
Market Challenges
• High Cost
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Vehicle Type
• Military Vehicle
• Work Boat
• Leisure and Tourist Surface Boat
• Autonomous Underwater Vehicle
• Others
Market by Propulsion Type
• Battery Electric Vehicle
• Plug-in Hybrid Vehicle
• Hybrid Electric Vehicle
Market by Application
• On-Water Applications
• Underwater Applications
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Marine Electric Vehicle Market
- 3.1. Introduction
- 3.2. Market Drives
- 3.3. Market Challenges
- 4. Global Marine Electric Vehicle Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Marine Electric Vehicle Market by Vehicle Type
- 5.1. Introduction
- 5.2. Military Vehicle
- 5.3. Work Boat
- 5.4. Leisure and Tourist Surface Boat
- 5.5. Autonomous Underwater Vehicle
- 5.6. Others
- 6. Global Marine Electric Vehicle Market by Propulsion Type
- 6.1. Introduction
- 6.2. Battery Electric Vehicle
- 6.3. Plug-in Hybrid Vehicle
- 6.4. Hybrid Electric Vehicle
- 7. Global Marine Electric Vehicle Market by Application
- 7.1. Introduction
- 7.2. On-Water Applications
- 7.3. Underwater Applications
- 8. Global Marine Electric Vehicle Market by Region
- 8.1. Introduction
- 8.2. Europe
- 8.2.1. Germany
- 8.2.2. United Kingdom
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Netherlands
- 8.2.8. Rest of the Europe
- 8.3. North America
- 8.3.1. United States
- 8.3.2. Canada
- 8.4. Asia Pacific
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. South Korea
- 8.4.5. Australia
- 8.4.6. Indonesia
- 8.4.7. Rest of the Asia Pacific
- 8.5. Latin America
- 8.5.1. Mexico
- 8.5.2. Brazil
- 8.5.3. Argentina
- 8.5.4. Rest of Latin America
- 8.6. Middle East & Africa
- 8.6.1. Saudi Arabia
- 8.6.2. Turkey
- 8.6.3. Iran
- 8.6.4. United Arab Emirates
- 8.6.5. Rest of Middle East & Africa
- 9. SWOT Analysis
- 10. Porter’s Five Forces
- 11. Market Value Chain Analysis
- 12. Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Company Profiles
- 12.2.1. Andaman Boatyard
- 12.2.2. Boeing
- 12.2.3. Boesch Motorboote AG
- 12.2.4. Corvus Energy Ltd.
- 12.2.5. Duffy Electric Boat Co
- 12.2.6. Electrovaya Inc,
- 12.2.7. Ruban Bleu
- 12.2.8. Saft Groupe S.A.
- 12.2.9. The Boeing Company
- 12.2.10. Torqeedo GmbH
- 12.2.11. Triton Submarines LLC
- 12.2.12. Wärtsilä Oyj Abp
- List of Figures
- Figure 1: Global Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 2: Global Marine Electric Vehicle Market by Vehicle Type, 2024
- Figure 3: Global Marine Electric Vehicle Market by Propulsion Type, 2024
- Figure 4: Global Marine Electric Vehicle Market by Application, 2024
- Figure 5: Global Marine Electric Vehicle Market by Region, 2024
- Figure 6: Global Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 7: Global Marine Electric Vehicle Market by Vehicle Type (in %), 2024 & 2034
- Figure 8: Global Military Vehicle Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 9: Global Military Vehicle Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 10: Global Work Boat Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 11: Global Work Boat Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 12: Global Leisure and Tourist Surface Boat Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 13: Global Leisure and Tourist Surface Boat Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 14: Global Autonomous Underwater Vehicle Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 15: Global Autonomous Underwater Vehicle Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 16: Global Other Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 17: Global Other Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 18: Global Marine Electric Vehicle Market by Propulsion Type (in %), 2024 & 2034
- Figure 19: Global Battery Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 20: Global Battery Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 21: Global Plug-in Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 22: Global Plug-in Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 23: Global Hybrid Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 24: Global Hybrid Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 25: Global Marine Electric Vehicle Market by Application (in %), 2024 & 2034
- Figure 26: Global On-Water Applications Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 27: Global On-Water Applications Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 28: Global Underwater Applications Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 29: Global Underwater Applications Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 30: Global Marine Electric Vehicle Market by Region (in %), 2024 & 2034
- Figure 31: Europe Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 32: Europe Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 33: Europe Marine Electric Vehicle Market by Country (in %), 2024 & 2034
- Figure 34: Germany Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 35: United Kingdom Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 36: France Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 37: Italy Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 38: Spain Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 39: Russia Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 40: Netherlands Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 41: Rest of Europe Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 42: North America Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 43: North America Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 44: North America Marine Electric Vehicle Market by Country (in %), 2024 & 2034
- Figure 45: United States Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 46: Canada Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 47: Asia Pacific Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 48: Asia Pacific Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 49: Asia Pacific Marine Electric Vehicle Market by Country (in %), 2024 & 2034
- Figure 50: China Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 51: Japan Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 52: India Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 53: South Korea Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 54: Australia Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 55: Indonesia Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 56: Rest of Asia Pacific Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 57: Latin America Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 58: Latin America Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 59: Latin America Marine Electric Vehicle Market by Country (in %), 2024 & 2034
- Figure 60: Mexico Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 61: Brazil Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 62: Argentina Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 63: Rest of Latin America Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 64: Middle East & Africa Marine Electric Vehicle Market (in US$ Million), 2020-2024
- Figure 65: Middle East & Africa Marine Electric Vehicle Market (in US$ Million), 2025-2034
- Figure 66: Middle East & Africa Marine Electric Vehicle Market by Country (in %), 2024 & 2034
- Figure 67: Saudi Arabia Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 68: Turkey Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 69: Iran Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 70: UAE Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 71: Rest of Middle East and Africa Marine Electric Vehicle Market (in US$ Million), 2020-2034
- Figure 72: Market Value Chain
- List of Tables
- Table 1: Global Marine Electric Vehicle Market Portraiture
- Table 2: Global Marine Electric Vehicle Market by Vehicle Type (in US$ Million), 2024 & 2034
- Table 3: Global Marine Electric Vehicle Market by Propulsion Type (in US$ Million), 2024 & 2034
- Table 4: Global Marine Electric Vehicle Market by Application (in US$ Million), 2024 & 2034
- Table 5: Global Marine Electric Vehicle Market by Region (in US$ Million), 2024 & 2034
- Table 6: Europe Marine Electric Vehicle Market by Country (in US$ Million), 2024 & 2034
- Table 7: North America Marine Electric Vehicle Market by Country (in US$ Million), 2024 & 2034
- Table 8: Asia Pacific Marine Electric Vehicle Market by Country (in US$ Million), 2024 & 2034
- Table 9: Latin America Marine Electric Vehicle Market by Country (in US$ Million), 2024 & 2034
- Table 10: Middle East & Africa Marine Electric Vehicle Market by Country (in US$ Million), 2024 & 2034
- Table 11: List of Key Players
Research Assistance
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