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The marine battery market is forecasted to grow by USD 436.7 million during 2023-2028, accelerating at a CAGR of 14.19% during the forecast period. The report on the marine battery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for lithium batteries, need for better marine infrastructure and connectivity, and technological advancements in marine batteries.
The marine battery market is segmented as below:
By Application
- Commercial
- Defense
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
The report on the marine battery market covers the following areas:
- Marine battery market sizing
- Marine battery market forecast
- Marine battery market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global marine battery market: BorgWarner Inc., Corvus Energy, Echandia Marine AB, EnerSys, EST Floattech BV, EverExceed Corp., Exide Industries Ltd., Forsee Power, Freudenberg FST GmbH, HBL Power Systems Ltd., Kokam Co. Ltd., Leclanche SA, Lifeline Batteries Inc., Saft Groupe SAS, Siemens AG, Spear Power Systems, Sterling PlanB Energy Systems, The Furukawa Battery Co. Ltd., Toshiba Corp., and U.S. Battery Manufacturing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for fully electric ships."
According to the report, one of the major drivers for this market is the rising demand for lithium batteries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BorgWarner Inc.
- Corvus Energy
- Echandia Marine AB
- EnerSys
- EST Floattech BV
- EverExceed Corp.
- Exide Industries Ltd.
- Forsee Power
- Freudenberg FST GmbH
- HBL Power Systems Ltd.
- Kokam Co. Ltd.
- Leclanche SA
- Lifeline Batteries Inc.
- Saft Groupe SAS
- Siemens AG
- Spear Power Systems
- Sterling PlanB Energy Systems
- The Furukawa Battery Co. Ltd.
- Toshiba Corp.
- U.S. Battery Manufacturing Co.
