The global Electric Boat market is a dynamic and promising industry that has shown significant growth in recent years. According to Extrapolates recent market study, the Electric Boat market was valued at USD 4,955.3 million in 2024 and is expected to reach USD 10,373.9 million by 2031, exhibiting a robust CAGR of 11.13% over the forecast period of 2024-2031. This report provides a...
Executive Summary:
The Global Electric Boat Market encompasses both purely electric and hybrid electric vessels, ranging from small leisure craft to large commercial ferries and cargo ships. This market is undergoing a rapid transition, mirroring the electrification movement seen in the automotive sector, driven by compelling environmental and economic advantages.
The key drivers are...
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