Electric Boats Market - Global Industry Analysis and Opportunity Assessment 2026


Posted January 18, 2019 by dmTMR1

Electric Boats Market is growing rapidly as focusing on the expansion of battery-based transportation, as emission is considered as a primary global problem.

 
Transparency Market Research (TMR) provides key insights on the electric boats market in its latest report titled “Electric Boats Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.” According to the report, surge in recreational activities across well-developed nations such as the U.S., Canada, and several countries in Europe is predicted to drive the electric boats market during the forecast period. Other factors propelling the demand for recreational boating service include increase in disposable income, higher standards of living, tendency to indulge in recreational activities, and income stability, which is fueling the demand for electric boats market.
The report has segmented the electric boats market in terms of boat type, battery type, power output, and region. In terms of boat type, the global electric boats market is segregated into three segments. Several recreational activities, such as fishing, require small boats, while large boats are preferred for recreational activities for the entire family and parties. The boats used for passenger and goods transportation are preferably large boats. In terms of power output, the global electric boats market can be classified into three segments. Medium and large boats requires power output in range of 30 kW and above. Large and medium boats are employed for medium- and heavy-duty applications, as they require a much higher power output.
Based on regional perspective, the global electric boats market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Countries across North America and Europe are witnessing a surge in demand for recreational boating services. Stable income and preference for water-based activities are fueling the demand for electric boats across North America and Europe. Governing bodies are primarily focused on minimizing emission in order to reduce environmental impact. Therefore, governments are promoting clean and emission-less power sources, which is likely to offer lucrative opportunities for the electric boats market across the globe.
Prominent players operating in the global electric boats market are included in this report to give a better competitive analysis and these are Frauscher, RAND Boats ApS, Echandia Marine AB, Lillebror Marine, Canadian Electric Boat Company, GardaSolar s.r.l., Quadrofoil d.o.o., Duffy Electric Boat Company, NavAlt boats, LTSMARINE, Symphony Boat Company, Ruban Bleu, aquawatt Mechatronik und Yachtbau, Soel Yachts B.V., Torqeedo GmbH, and LEAR ELECTRIC BOATS.
For more information on Electric Boats Market, please visit website of Transparency Market Research.
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Categories Business , Industry , News
Tags electric boats market , electric boats market analysis , electric boats market growth , electric boats market share , electric boats market size
Last Updated January 18, 2019