Tag: electrification

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Electric ships market likely to grow at a 19.7% CAGR by 2030, report says

The Electric Ships Market is expected to reach $14.9 billion by 2030 from $3.7 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 19.7%. The Global Electric Ships Market is dominated by major players such as ABB, Leclanché S.A., Siemens AG, Wartsila, and Kongsberg Gruppen among others, according to a new report by the strategic advisory and consulting company Delvens.

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