Electric Ship Market Research Report
Growth opportunities in the electric ship market look promising over the next six years. This is mainly due to the rising marine time tourism industry, increasing adoption of hybrid and electric propulsion for retrofitting of ships, growing development of lithium-ion batteries, and expanding seaborne trade. Request for a FREE Sample Report on Electric Ship Market. Electric Ship Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting acquisition of hybrid and electric propulsion for retrofitting ships, increasing evolution of lithium-ion batteries, the execution of the Sulfur 2020 Rule, growing marine time tourism industry, and surging worldwide seaborne trade are the major drivers stimulating the growth of the global electric ship market . The rising emphasis on reducing harmful emissions from ships across the world is further boosting the growth of the market. For example, the European Union, in 2018, pr