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Electric Boats

Maritime Sector Looks to Electric Boats as a Practical and Sustainable Alternative

12 August 2020

The maritime industry has traditionally viewed electric boats as impractical. This is due mainly to concerns that an electric motor would not be able to supply the increased amount of power needed to move a boat versus a car as well as fears that electric boats would not have the range to cover long distances. However, these attitudes are beginning to change with improvements in lithium ion battery technology along with an increased focus on sustainable alternatives to fossil fuels.

Yamaha recently launched a trial of its new HARMO system on the Otaru Canal in Hokkaido, Japan. HARMO integrates a twin electric boat motor with a next generation steering control system. Yamaha hopes to bring the HARMO system to the European market which is affected by increasing restrictions on the use of fossil fuel powered crafts on inland waterways. A Seattle based startup Zin Boats is also looking to prove that electric boats can be a practical and sustainable alternative to traditional boats. The Z2T and Z2R models use an all carbon fiber construction making them half the weight of a comparable craft while the BMW batteries offer a fast recharge and an 100 mile average range. 

We have included a selection of our most popular market research on electric boats below

Research and Markets offers more information on this topic:

Marine Electric Vehicles Market Research Report by Platform (On-water and Underwater), Hybridization, Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19- Product Image
Marine Electric Vehicles Market Research Report by Platform (On-water and Underwater), Hybridization, Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19- Product Image
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Marine Electric Vehicles Market Research Report by Platform (On-water and Underwater), Hybridization, Application, State - United States Forecast to 2027 - Cumulative Impact of COVID-19
  • From
  • Report
  • July 2022
  • 135 Pages
  • Region: United States
The United States Marine Electric Vehicles Market size was estimated at USD 868.25 million in 2021, USD 1,070.47 million in 2022, and is projected to grow at a CAGR 19.42% to reach USD 2,519.05 million by 2027. Market...
Global Sustainability Trends in Maritime Sector- Product Image
Global Sustainability Trends in Maritime Sector- Product Image
Global Sustainability Trends in Maritime Sector
  • From
  • Report
  • June 2020
  • 55 Pages
  • Region: Global
The global maritime sector is facing a critical challenge of responding to stringent regulations for emissions reduction, improving vessel efficiency, and protection of the aquatic ecosystem. The International...
Global Electric Ships Market Analysis 2020- Product Image
Global Electric Ships Market Analysis 2020- Product Image
Global Electric Ships Market Analysis 2020
  • From
  • Report
  • May 2020
  • 146 Pages
The Global Electric Ships market is expected to reach $10.94 billion by 2026 growing at a CAGR of 15.2% from 2018 to 2026. Electric ships are the ships attached with batteries and operate on electricity rather...
Recreational Boat Market - Global Outlook and Forecast 2020-2025- Product Image
Recreational Boat Market - Global Outlook and Forecast 2020-2025- Product Image
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Recreational Boat Market - Global Outlook and Forecast 2020-2025
  • From
  • Report
  • April 2020
  • 352 Pages
  • Region: Global
Get an in-depth analysis of COVID-19 impact on global recreational boat market. The global recreational boat market by revenue is expected to grow at a CAGR of over 11% during the period 2019–2025. Europe...
Global Electric Ship Market by Type (Fully Electric, Hybrid), System, Mode of Operation (Manned, Remotely Operated, Autonomous), Ship Type (Commercial, Defense), Power, Range, Tonnage, End-use (Linefit, Retrofit), and Region - Forecast to 2030- Product Image
Global Electric Ship Market by Type (Fully Electric, Hybrid), System, Mode of Operation (Manned, Remotely Operated, Autonomous), Ship Type (Commercial, Defense), Power, Range, Tonnage, End-use (Linefit, Retrofit), and Region - Forecast to 2030- Product Image
Global Electric Ship Market by Type (Fully Electric, Hybrid), System, Mode of Operation (Manned, Remotely Operated, Autonomous), Ship Type (Commercial, Defense), Power, Range, Tonnage, End-use (Linefit, Retrofit), and Region - Forecast to 2030
  • From
  • Report
  • October 2019
  • 338 Pages
  • Region: Global
The global electric ship market is projected to grow from USD 4.7 billion in 2021 to USD 16.2 billion by 2030, at a CAGR of 14.9% from 2021 to 2030. The market is driven by various factors, such as rise in conversion...