Quick Summary:
Unlock foresights into the future of marine power industry with our comprehensive market research report. The global Advanced Marine Power Supply market is estimated to surge to a staggering $7.3 Billion by 2030, providing a treasure trove of opportunities waiting to be harnessed.
Incorporating detailed analysis of various segments, including Battery and Switch Mode Power Supply (SMPS), and geographies such as the US, China, Japan, Canada and Germany, this report presents authoritative insights to guide your strategic decision-making. Notably, it offers a thorough competitor analysis, featuring twelve leading market players - from ABB Group to Systems Sunlight S.A.
Equip your enterprise with a deep understanding of global competitiveness, market presence and opportunities in the Advanced Marine Power Supply market. Learn from peer-to-peer collaborative updates and gain access to digital archives, further enhancing your strategic advantage. Seize this opportunity to stay ahead in the competitive landscape with our comprehensive report.
Global Advanced Marine Power Supply Market to Reach $7.3 Billion by 2030
The global market for Advanced Marine Power Supply estimated at US$5.1 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Battery, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$701.4 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Switch Mode Power Supply (SMPS) segment is readjusted to a revised 3.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 4.4% CAGR
The Advanced Marine Power Supply market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.
Select Competitors (Total 12 Featured) -
- ABB Group
- Analytic Systems Ware Ltd.
- Eaton Corporation PLC
- Emerson Electric Company
- ENAG
- EnerSys Inc.
- Exide Industries Ltd.
- HBL Power Systems Ltd.
- Marine Electric Systems Inc.
- Newmar Power LLC
- Powerbox International AB
- Schneider Electric SA
- Systems Sunlight S.A.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Advanced Marine Power Supply?
What is the growth rate of the Global Market for Advanced Marine Power Supply?
What is the forecasted size of the Global Market for Advanced Marine Power Supply?
Who are the key companies in the Global Market for Advanced Marine Power Supply?
Report Attribute | Details |
---|---|
No. of Pages | 229 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 5.1 Billion |
Forecasted Market Value ( USD | $ 7.3 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Group
- Analytic Systems Ware Ltd.
- Eaton Corporation PLC
- Emerson Electric Company
- ENAG
- EnerSys Inc.
- Exide Industries Ltd.
- HBL Power Systems Ltd.
- Marine Electric Systems Inc.
- Newmar Power LLC
- Powerbox International AB
- Schneider Electric SA
- Systems Sunlight S.A.