Solar Boat Market By Battery Type, By Solar Panel Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: SOLAR BOAT MARKET, BY BATTERY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Lead-acid
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Lithium-ion
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country

CHAPTER 5: SOLAR BOAT MARKET, BY SOLAR PANEL TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Monocrystalline
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Polycrystalline
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: SOLAR BOAT MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Passenger Boats
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Cargo Boats
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country

CHAPTER 7: SOLAR BOAT MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Battery Type
7.2.3 North America Market size and forecast, by Solar Panel Type
7.2.4 North America Market size and forecast, by Application
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Battery Type
7.2.5.1.2 Market size and forecast, by Solar Panel Type
7.2.5.1.3 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Battery Type
7.2.5.2.2 Market size and forecast, by Solar Panel Type
7.2.5.2.3 Market size and forecast, by Application
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Battery Type
7.2.5.3.2 Market size and forecast, by Solar Panel Type
7.2.5.3.3 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Battery Type
7.3.3 Europe Market size and forecast, by Solar Panel Type
7.3.4 Europe Market size and forecast, by Application
7.3.5 Europe Market size and forecast, by country
7.3.5.1 UK
7.3.5.1.1 Market size and forecast, by Battery Type
7.3.5.1.2 Market size and forecast, by Solar Panel Type
7.3.5.1.3 Market size and forecast, by Application
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Battery Type
7.3.5.2.2 Market size and forecast, by Solar Panel Type
7.3.5.2.3 Market size and forecast, by Application
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Battery Type
7.3.5.3.2 Market size and forecast, by Solar Panel Type
7.3.5.3.3 Market size and forecast, by Application
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Battery Type
7.3.5.4.2 Market size and forecast, by Solar Panel Type
7.3.5.4.3 Market size and forecast, by Application
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Battery Type
7.3.5.5.2 Market size and forecast, by Solar Panel Type
7.3.5.5.3 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Battery Type
7.4.3 Asia-Pacific Market size and forecast, by Solar Panel Type
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Battery Type
7.4.5.1.2 Market size and forecast, by Solar Panel Type
7.4.5.1.3 Market size and forecast, by Application
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Battery Type
7.4.5.2.2 Market size and forecast, by Solar Panel Type
7.4.5.2.3 Market size and forecast, by Application
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Battery Type
7.4.5.3.2 Market size and forecast, by Solar Panel Type
7.4.5.3.3 Market size and forecast, by Application
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Battery Type
7.4.5.4.2 Market size and forecast, by Solar Panel Type
7.4.5.4.3 Market size and forecast, by Application
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Market size and forecast, by Battery Type
7.4.5.5.2 Market size and forecast, by Solar Panel Type
7.4.5.5.3 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Battery Type
7.5.3 LAMEA Market size and forecast, by Solar Panel Type
7.5.4 LAMEA Market size and forecast, by Application
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Battery Type
7.5.5.1.2 Market size and forecast, by Solar Panel Type
7.5.5.1.3 Market size and forecast, by Application
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Battery Type
7.5.5.2.2 Market size and forecast, by Solar Panel Type
7.5.5.2.3 Market size and forecast, by Application
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Battery Type
7.5.5.3.2 Market size and forecast, by Solar Panel Type
7.5.5.3.3 Market size and forecast, by Application

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 RAND Boats ApS
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 ABB LTD
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Aquawatt Green Marine Technologies
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Boesch Motorboote AG
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Corvus Energy
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Duffy Electric Boat Company
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 ElectraCraft
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Greenline Yachts
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Grove Boats SA
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 NavAlt boats
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 Quadrofoil d. o. o.
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Soel Yachts B. V.
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Torqeedo GmbH
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Vision Marine Technologies Inc.
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments

List of Tables
Table 1. Global Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 2. Solar Boat Market, for Lead-Acid, by Region, 2021-2031 ($Million)
Table 3. Solar Boat Market for Lead-Acid, by Country, 2021-2031 ($Million)
Table 4. Solar Boat Market, for Lithium-Ion, by Region, 2021-2031 ($Million)
Table 5. Solar Boat Market for Lithium-Ion, by Country, 2021-2031 ($Million)
Table 6. Solar Boat Market, for Others, by Region, 2021-2031 ($Million)
Table 7. Solar Boat Market for Others, by Country, 2021-2031 ($Million)
Table 8. Global Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 9. Solar Boat Market, for Monocrystalline, by Region, 2021-2031 ($Million)
Table 10. Solar Boat Market for Monocrystalline, by Country, 2021-2031 ($Million)
Table 11. Solar Boat Market, for Polycrystalline, by Region, 2021-2031 ($Million)
Table 12. Solar Boat Market for Polycrystalline, by Country, 2021-2031 ($Million)
Table 13. Global Solar Boat Market, by Application, 2021-2031 ($Million)
Table 14. Solar Boat Market, for Passenger Boats, by Region, 2021-2031 ($Million)
Table 15. Solar Boat Market for Passenger Boats, by Country, 2021-2031 ($Million)
Table 16. Solar Boat Market, for Cargo Boats, by Region, 2021-2031 ($Million)
Table 17. Solar Boat Market for Cargo Boats, by Country, 2021-2031 ($Million)
Table 18. Solar Boat Market, for Others, by Region, 2021-2031 ($Million)
Table 19. Solar Boat Market for Others, by Country, 2021-2031 ($Million)
Table 20. Solar Boat Market, by Region, 2021-2031 ($Million)
Table 21. North America Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 22. North America Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 23. North America Solar Boat Market, by Application, 2021-2031 ($Million)
Table 24. North America Solar Boat Market, by Country, 2021-2031 ($Million)
Table 25. U.S. Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 26. U.S. Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 27. U.S. Solar Boat Market, by Application, 2021-2031 ($Million)
Table 28. Canada Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 29. Canada Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 30. Canada Solar Boat Market, by Application, 2021-2031 ($Million)
Table 31. Mexico Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 32. Mexico Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 33. Mexico Solar Boat Market, by Application, 2021-2031 ($Million)
Table 34. Europe Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 35. Europe Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 36. Europe Solar Boat Market, by Application, 2021-2031 ($Million)
Table 37. Europe Solar Boat Market, by Country, 2021-2031 ($Million)
Table 38. U.S.lar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 39. U.S.lar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 40. U.S.lar Boat Market, by Application, 2021-2031 ($Million)
Table 41. Germany Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 42. Germany Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 43. Germany Solar Boat Market, by Application, 2021-2031 ($Million)
Table 44. France Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 45. France Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 46. France Solar Boat Market, by Application, 2021-2031 ($Million)
Table 47. Italy Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 48. Italy Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 49. Italy Solar Boat Market, by Application, 2021-2031 ($Million)
Table 50. Rest of Europe Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 51. Rest of Europe Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 52. Rest of Europe Solar Boat Market, by Application, 2021-2031 ($Million)
Table 53. Asia-Pacific Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 54. Asia-Pacific Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 55. Asia-Pacific Solar Boat Market, by Application, 2021-2031 ($Million)
Table 56. Asia-Pacific Solar Boat Market, by Country, 2021-2031 ($Million)
Table 57. China Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 58. China Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 59. China Solar Boat Market, by Application, 2021-2031 ($Million)
Table 60. Japan Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 61. Japan Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 62. Japan Solar Boat Market, by Application, 2021-2031 ($Million)
Table 63. India Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 64. India Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 65. India Solar Boat Market, by Application, 2021-2031 ($Million)
Table 66. South Korea Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 67. South Korea Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 68. South Korea Solar Boat Market, by Application, 2021-2031 ($Million)
Table 69. Rest of Asia-Pacific Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 70. Rest of Asia-Pacific Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 71. Rest of Asia-Pacific Solar Boat Market, by Application, 2021-2031 ($Million)
Table 72. LAMEA Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 73. LAMEA Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 74. LAMEA Solar Boat Market, by Application, 2021-2031 ($Million)
Table 75. LAMEA Solar Boat Market, by Country, 2021-2031 ($Million)
Table 76. Latin America Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 77. Latin America Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 78. Latin America Solar Boat Market, by Application, 2021-2031 ($Million)
Table 79. Middle East Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 80. Middle East Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 81. Middle East Solar Boat Market, by Application, 2021-2031 ($Million)
Table 82. Africa Solar Boat Market, by Battery Type, 2021-2031 ($Million)
Table 83. Africa Solar Boat Market, by Solar Panel Type, 2021-2031 ($Million)
Table 84. Africa Solar Boat Market, by Application, 2021-2031 ($Million)
Table 85. Rand Boats Aps: Company Snapshot
Table 86. Rand Boats Aps: Operating Segments
Table 87. Rand Boats Aps: Product Portfolio
Table 88. Rand Boats Aps: Net Sales
Table 89. Rand Boats Aps: Key Strategies
Table 90. ABB Ltd.: Company Snapshot
Table 91. ABB Ltd.: Operating Segments
Table 92. ABB Ltd.: Product Portfolio
Table 93. ABB Ltd.: Net Sales
Table 94. ABB Ltd.: Key Strategies
Table 95. Aquawatt Green Marine Technologies: Company Snapshot
Table 96. Aquawatt Green Marine Technologies: Operating Segments
Table 97. Aquawatt Green Marine Technologies: Product Portfolio
Table 98. Aquawatt Green Marine Technologies: Net Sales
Table 99. Aquawatt Green Marine Technologies: Key Strategies
Table 100. Boesch Motorboote AG: Company Snapshot
Table 101. Boesch Motorboote AG: Operating Segments
Table 102. Boesch Motorboote AG: Product Portfolio
Table 103. Boesch Motorboote AG: Net Sales
Table 104. Boesch Motorboote AG: Key Strategies
Table 105. Corvus Energy: Company Snapshot
Table 106. Corvus Energy: Operating Segments
Table 107. Corvus Energy: Product Portfolio
Table 108. Corvus Energy: Net Sales
Table 109. Corvus Energy: Key Strategies
Table 110. Duffy Electric Boat Company: Company Snapshot
Table 111. Duffy Electric Boat Company: Operating Segments
Table 112. Duffy Electric Boat Company: Product Portfolio
Table 113. Duffy Electric Boat Company: Net Sales
Table 114. Duffy Electric Boat Company: Key Strategies
Table 115. Electracraft: Company Snapshot
Table 116. Electracraft: Operating Segments
Table 117. Electracraft: Product Portfolio
Table 118. Electracraft: Net Sales
Table 119. Electracraft: Key Strategies
Table 120. Greenline Yachts: Company Snapshot
Table 121. Greenline Yachts: Operating Segments
Table 122. Greenline Yachts: Product Portfolio
Table 123. Greenline Yachts: Net Sales
Table 124. Greenline Yachts: Key Strategies
Table 125. Grove Boats SA: Company Snapshot
Table 126. Grove Boats SA: Operating Segments
Table 127. Grove Boats SA: Product Portfolio
Table 128. Grove Boats SA: Net Sales
Table 129. Grove Boats SA: Key Strategies
Table 130. Navalt Boats: Company Snapshot
Table 131. Navalt Boats: Operating Segments
Table 132. Navalt Boats: Product Portfolio
Table 133. Navalt Boats: Net Sales
Table 134. Navalt Boats: Key Strategies
Table 135. Quadrofoil D. O. O.: Company Snapshot
Table 136. Quadrofoil D. O. O.: Operating Segments
Table 137. Quadrofoil D. O. O.: Product Portfolio
Table 138. Quadrofoil D. O. O.: Net Sales
Table 139. Quadrofoil D. O. O.: Key Strategies
Table 140. Soel Yachts B. V.: Company Snapshot
Table 141. Soel Yachts B. V.: Operating Segments
Table 142. Soel Yachts B. V.: Product Portfolio
Table 143. Soel Yachts B. V.: Net Sales
Table 144. Soel Yachts B. V.: Key Strategies
Table 145. Torqeedo GmbH: Company Snapshot
Table 146. Torqeedo GmbH: Operating Segments
Table 147. Torqeedo GmbH: Product Portfolio
Table 148. Torqeedo GmbH: Net Sales
Table 149. Torqeedo GmbH: Key Strategies
Table 150. Vision Marine Technologies Inc.: Company Snapshot
Table 151. Vision Marine Technologies Inc.: Operating Segments
Table 152. Vision Marine Technologies Inc.: Product Portfolio
Table 153. Vision Marine Technologies Inc.: Net Sales
Table 154. Vision Marine Technologies Inc.: Key Strategies

List of Figures
Figure 1. Solar Boat Market Segmentation
Figure 2. Solar Boat Market, 2021-2031
Figure 3. Solar Boat Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Solar Boat Mark.:Drivers, Restraints and Opportunities
Figure 12. Solar Boat Market, By Battery Type, 2021(%)
Figure 13. Comparative Share Analysis of Lead-Acid Solar Boat Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Lithium-Ion Solar Boat Market, 2021-2031(%)
Figure 15. Comparative Share Analysis of Others Solar Boat Market, 2021-2031(%)
Figure 16. Solar Boat Market, By Solar Panel Type, 2021(%)
Figure 17. Comparative Share Analysis of Monocrystalline Solar Boat Market, 2021-2031(%)
Figure 18. Comparative Share Analysis of Polycrystalline Solar Boat Market, 2021-2031(%)
Figure 19. Solar Boat Market, By Application, 2021(%)
Figure 20. Comparative Share Analysis of Passenger Boats Solar Boat Market, 2021-2031(%)
Figure 21. Comparative Share Analysis of Cargo Boats Solar Boat Market, 2021-2031(%)
Figure 22. Comparative Share Analysis of Others Solar Boat Market, 2021-2031(%)
Figure 23. Solar Boat Market by Region, 2021
Figure 24. U.S. Solar Boat Market, 2021-2031($Million)
Figure 25. Canada Solar Boat Market, 2021-2031($Million)
Figure 26. Mexico Solar Boat Market, 2021-2031($Million)
Figure 27. Uk Solar Boat Market, 2021-2031($Million)
Figure 28. Germany Solar Boat Market, 2021-2031($Million)
Figure 29. France Solar Boat Market, 2021-2031($Million)
Figure 30. Italy Solar Boat Market, 2021-2031($Million)
Figure 31. Rest of Europe Solar Boat Market, 2021-2031($Million)
Figure 32. China Solar Boat Market, 2021-2031($Million)
Figure 33. Japan Solar Boat Market, 2021-2031($Million)
Figure 34. India Solar Boat Market, 2021-2031($Million)
Figure 35. South Korea Solar Boat Market, 2021-2031($Million)
Figure 36. Rest of Asia-Pacific Solar Boat Market, 2021-2031($Million)
Figure 37. Latin America Solar Boat Market, 2021-2031($Million)
Figure 38. Middle East Solar Boat Market, 2021-2031($Million)
Figure 39. Africa Solar Boat Market, 2021-2031($Million)
Figure 40. Top Winning Strategies, by Year
Figure 41. Top Winning Strategies, by Development
Figure 42. Top Winning Strategies, by Company
Figure 43. Product Mapping of Top 10 Players
Figure 44. Competitive Dashboard
Figure 45. Competitive Heatmap of Top 10 Key Players
Figure 46. Rand Boats Ap.: Net Sales, ($Million)
Figure 47. Abb Lt.: Net Sales, ($Million)
Figure 48. Aquawatt Green Marine Technologie.: Net Sales, ($Million)
Figure 49. Boesch Motorboote A.: Net Sales, ($Million)
Figure 50. Corvus Energ.: Net Sales, ($Million)
Figure 51. Duffy Electric Boat Compan.: Net Sales, ($Million)
Figure 52. Electracraf.: Net Sales, ($Million)
Figure 53. Greenline Yacht.: Net Sales, ($Million)
Figure 54. Grove Boats S.: Net Sales, ($Million)
Figure 55. Navalt Boat.: Net Sales, ($Million)
Figure 56. Quadrofoil D.O.O.: Net Sales, ($Million)
Figure 57. Soel Yachts B.V.: Net Sales, ($Million)
Figure 58. Torqeedo Gmb.: Net Sales, ($Million)
Figure 59. Vision Marine Technologies Inc.: Net Sales, ($Million)

Executive Summary

According to the report, “Solar Boat Market," the solar boat market was valued at $0.65 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 14.2% from 2022 to 2031.

Europe is expected to dominate the global solar boat market in 2021. Key factors contributing toward the market growth include, commitment of the government toward decreasing emission levels, encouraging zero-emission power sources, innovative battery systems, and high performance of longer-range batteries. Furthermore, manufacturers are focusing on new battery technologies to deliver longer-range batteries and high performance for electric and solar boats. Development in emission norms and restrictions in maritime transportation has led to the growth of the market. Increase in investments by government and private sector in research and development of battery systems and electronic components is expected to fuel the market expansion during the forecast period.

Several players operating in the solar boat market are launching new products and entering into partnerships to cater to growing consumer demand, which contributes in the growth of the market. In December 2021, Volvo Penta and Danfoss’ Editron division signed a partnership agreement for transformation of the marine industry toward sustainable power solutions. Danfoss’ Editron division leads in manufacture of electric and hybrid powertrain systems for heavy-duty and commercial vehicles and machines. Volvo Penta is leader in the supply of power solutions to marine and industrial applications. This partnership is meant to support commercial marine customers to transition to electrified solutions, thus accelerating sustainability in the industry.

The growth of the global solar boat market is propelling due to introduction of stringent emission regulations, and growth in the marine tourism industry across the globe. However, less operational efficiency and high purchase and maintenance cost of solar boats are factors hampering the growth of the market. Furthermore, government support to promote adoption of electric and solar boat is expected to offer growth opportunities during the forecast period.

COVID-19 Impact Analysis

The impact of the COVID-19 pandemic has resulted in delayed development and launches of electric and solar boats & propulsion system, slowdown in the operation of key players, and shortage of components. The pandemic has resulted in supply-chain disruptions causing delayed production of electric and solar boats.

The shipping industry is dependent on manufacturing, which was hampered, causing substantial hurdles. Shortage of components, owing to regulations associated with import and export of goods has also resulted in delayed manufacturing and launch of electric and solar boats. A primary issue confronting the shipping & boating sector is the failure to repair vessels, which leads to operational failure. Random breakdowns cause delays and inconveniences in the shipping business. Travel limitations caused by the COVID-19 pandemic were also a challenge for engineers while performing routine maintenance. Due to the closure of manufacturing facilities and trade restrictions enforced globally, the COVID-19 pandemic affected expansion of the electric and solar boat and ship sector. The current global supply deficit has also changed the types of boating products available to consumers. Many consumers choose to buy used boats rather than waiting period of months for new ones.

However, with government relaxations to improve economic conditions, the boating sector has experienced significant growth in 2021. With government relaxations to improve economic conditions, the boating sector has experienced significant growth in 2021. Boating and fishing continues to occupy the top rank as the largest leisure activity in the U.S. and nearly 100 million Americans go boating each year. With continuous popularity of remote work and flexible schedules, people are exploring more adventures in water.

Key Findings of the Study

• By battery type, the lithium-ion segment is anticipated to exhibit significant growth in the near future.
• By solar panel type, the polycrystalline segment is anticipated to exhibit significant growth in the near future.
• By application, the cargo boats segment is anticipated to exhibit significant growth in the near future.
• By region, North America is anticipated to register the highest CAGR during the forecast period.
• Key players operating in the global solar boat market include ABB Ltd., Aquawatt (Aquawatt Green Marine Technologies), Boesch Motorboote AG, Corvus Energy, Duffy Electric Boat Company, ElectraCraft, Inc., Greenline Yachts, Grove Boats SA, NavAlt Solar & Electric Boats Pvt. Ltd., Quadrofoil d.o.o., RAND Boats ApS, Soel Yachts B.V., Torqeedo GmbH, and Vision Marine Technologies Inc.

Companies Mentioned

• RAND Boats ApS
• ABB LTD
• Aquawatt Green Marine Technologies
• Boesch Motorboote AG
• Corvus Energy
• Duffy Electric Boat Company
• ElectraCraft
• Greenline Yachts
• Grove Boats SA
• NavAlt boats
• Quadrofoil d.o.o.
• Soel Yachts B.V.
• Torqeedo GmbH
• Vision Marine Technologies Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.