Asia Pacific Electric Ships Market Report

Asia Pacific Electric Ships Market by Type, by System, by Mode of Operation, by Ship Type, by Power, by Range, by End Use, Region, Trends, Competitive Analysis, and Growth Opportunities, Key Insights.
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Executive Summary

Asia-Pacific Electric Ships Market from Consainsights analyses the Asia-Pacific Electric Ships Market in the Automotive & Mobility industry over the forecast period to 2026.

Asia-Pacific Electric Ships research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Asia-Pacific Electric Ships segmentation includes Type, System, Mode of Operation, Ship Type, Power, Range, End Use and Geography.

Market analysis on the basis of Type include Fully Electric, Hybrid. This segmentation encompasses the key innovations and micro & macro trends, companies/manufacturers operating in this space along with their usage and penetration with respect to the wide range of End Users. Additionally, market sizing information along with the key factors such as market drivers, restraints, opportunities and challenges which are likely to be influencing the market growth are outlined in this report.

Based on the System, the Asia-Pacific Electric Ships Market analysis covers Energy Storage Systems, Power Conversion, Power Generation, Power Distribution.

Based on the Mode of Operation, the Asia-Pacific Electric Ships Market analysis covers Manned, Remotely Operated, Autonomous.

Based on the Ship Type, the Asia-Pacific Electric Ships Market analysis covers Commercial, Defense.

Based on the Power, the Asia-Pacific Electric Ships Market analysis covers <75 kW, 76–150 kW, kW.

Based on the Range, the Asia-Pacific Electric Ships Market analysis covers <50 Km, 51–100 Km, Km, >1,000 Km.

Based on the End Use, the Asia-Pacific Electric Ships Market analysis covers Newbuild & Line Fit, Retrofit.

Key companies operating in the market include ABB, Wartsila, Kongsberg Gruppen, General Electric (GE), Vard (Fincantieri), Siemens, Leclanché SA and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Moreover, the competitive analysis includes the companies deals such as Mergers, Acquisitions, Partnerships and so on along with the expansion areas focusing on the additional geographies, future insights for success and market share analysis. Major players strategies include the launch of the innovative product lines along with the emphasis on the partnerships and acquisitions to standardize their market share in the market space.

Market Research methodology includes the triangulation of the data from the data sources such as Primary Market Research approach and Secondary Market Research Approach along with the data from the trade bodies and industry standard publications and data sources. Primary inputs from the industry experts and the market respondents from the respective industries to obtain very critical information to assess the future growth prospects of the market. The final data is triangulated and thoroughly validated considering all the data sources using the bottom-up and the top-down approaches to estimate the market sizing of the individual segments.

Report Metric

Details

Market size available for years

2017-2026

Base year considered

2020

Forecast period

2021-2026

Forecast units

Value (USD Billion)

Segments covered

Type, System, Mode of Operation, Ship Type, Power, Range, End Use

Countries covered

China, Japan, India, Southeast Asia, Australia & New Zealand, Rest of Asia-Pacific

Companies Covered

ABB, Wartsila, Kongsberg Gruppen, General Electric (GE), Vard (Fincantieri), Siemens, Leclanché SA, Bae Systems, Norwegian Electric Systems as (Havyard Group ASA), Man Energy Solutions Se (Traton Group), Corvus Energy, Echandia Marine AB, General Dynamics Electric Boat, Anglo Belgian Corporation (ABC) NV, Schottel GmbH, Visedo (Danfoss), ECO Marine Power Co Ltd., Akasol AG, EST Floattech, Saft (Total)

The Asia-Pacific Electric Ships Market is segmented into the following categories:

Asia-Pacific Electric Ships Market by Type:

    Asia-Pacific Electric Ships Market by System:

    • Power Conversion

    • Power Distribution

    Asia-Pacific Electric Ships Market by Mode of Operation:

    • Manned

    • Remotely Operated

    • Autonomous

    Asia-Pacific Electric Ships Market by Ship Type:

      Asia-Pacific Electric Ships Market by Power:

      • <75 kW

      • 76–150 kW

      • kW

      Asia-Pacific Electric Ships Market by Range:

      • <50 Km

      • 51–100 Km

      • Km

      • >1,000 Km

      Asia-Pacific Electric Ships Market by End Use:

      • Newbuild & Line Fit

      • Retrofit

      Table of Contents

      1. Executive Summary

      2. Asia-Pacific Electric Ships Market Overview

        1. Asia-Pacific Electric Ships Market Definition & Scope
        2. Currency, Year and Forecasts Overview
        3. Asia-Pacific Electric Ships Market 360° Synopsis: Overview
      3. Asia-Pacific Electric Ships Industry Analysis

        1. Industry Value Chain Analysis
        2. Key Companies at each phase of Value Chain
        3. Industry Trend Analysis
      4. Asia-Pacific Electric Ships Market Analysis

        1. Drives, Restraints, Opportunities and Challenges Impact Analysis
        2. Porter’s Five Force Model Analysis
        3. PESTLE Analysis
        4. BPS Analysis
        5. Asia-Pacific Electric Ships Market Key Innovation & Trends
        6. Pricing Patterns (Company & Product Type)
      5. Asia-Pacific Electric Ships Market: Type

        1. Introduction
        2. Fully Electric: Market Trends, Size, and Forecast (2017-2026)

          1. Lithium Battery
          2. Lead Acid Battery
          3. Electro-Solar
          4. Fuel Cells
        3. Hybrid: Market Trends, Size, and Forecast (2017-2026)

          1. Diesel & Battery-Driven
          2. LPG/LNG & Battery-Driven
      6. Asia-Pacific Electric Ships Market: System

        1. Introduction
        2. Energy Storage Systems: Market Trends, Size, and Forecast (2017-2026)

          1. <1,000 kW
          2. kW
          3. >5,000 kW
        3. Power Conversion: Market Trends, Size, and Forecast (2017-2026)
        4. Power Generation: Market Trends, Size, and Forecast (2017-2026)

          1. Generators
          2. Engines
          3. Propulsion Motors
        5. Power Distribution: Market Trends, Size, and Forecast (2017-2026)
      7. Asia-Pacific Electric Ships Market: Mode of Operation

        1. Introduction
        2. Manned: Market Trends, Size, and Forecast (2017-2026)
        3. Remotely Operated: Market Trends, Size, and Forecast (2017-2026)
        4. Autonomous: Market Trends, Size, and Forecast (2017-2026)
      8. Asia-Pacific Electric Ships Market: Ship Type

        1. Introduction
        2. Commercial: Market Trends, Size, and Forecast (2017-2026)

          1. Passenger Vessels
          2. Cargo Vessels
          3. Others
        3. Defense: Market Trends, Size, and Forecast (2017-2026)

          1. Destroyers
          2. Frigates
          3. Corvettes
          4. Offshore Support Vessels (OSV)
          5. Aircraft Carriers
          6. Submarines
      9. Asia-Pacific Electric Ships Market: Power

        1. Introduction
        2. <75 kW: Market Trends, Size, and Forecast (2017-2026)
        3. 76–150 kW: Market Trends, Size, and Forecast (2017-2026)
        4. kW: Market Trends, Size, and Forecast (2017-2026)
      10. Asia-Pacific Electric Ships Market: Range

        1. Introduction
        2. <50 Km: Market Trends, Size, and Forecast (2017-2026)
        3. 51–100 Km: Market Trends, Size, and Forecast (2017-2026)
        4. Km: Market Trends, Size, and Forecast (2017-2026)
        5. >1,000 Km: Market Trends, Size, and Forecast (2017-2026)
      11. Asia-Pacific Electric Ships Market: End Use

        1. Introduction
        2. Newbuild & Line Fit: Market Trends, Size, and Forecast (2017-2026)
        3. Retrofit: Market Trends, Size, and Forecast (2017-2026)
      12. Asia-Pacific Electric Ships Market: Country

        1. Introduction
        2. China: Market Trends, Size, and Forecast (2017-2026)
        3. Japan: Market Trends, Size, and Forecast (2017-2026)
        4. India: Market Trends, Size, and Forecast (2017-2026)
        5. Southeast Asia: Market Trends, Size, and Forecast (2017-2026)
        6. Australia & New Zealand: Market Trends, Size, and Forecast (2017-2026)
        7. Rest of Asia-Pacific: Market Trends, Size, and Forecast (2017-2026)
      13. Asia-Pacific Electric Ships Market: Company Analysis

        1. Introduction
        2. ABB

          1. Overview
          2. Business Portfolio
          3. Product Portfolio
          4. Key Brands Insights
          5. Company SWOT & Strategic Analysis
          6. Company Financials
          7. Analyst Insights
        3. Wartsila

        4. Kongsberg Gruppen

        5. General Electric (GE)

        6. Vard (Fincantieri)

        7. Siemens

        8. Leclanché SA

        9. Bae Systems

        10. Norwegian Electric Systems as (Havyard Group ASA)

        11. Man Energy Solutions Se (Traton Group)

        12. Corvus Energy

        13. Echandia Marine AB

        14. General Dynamics Electric Boat

        15. Anglo Belgian Corporation (ABC) NV

        16. Schottel GmbH

        17. Visedo (Danfoss)

        18. ECO Marine Power Co Ltd.

        19. Akasol AG

        20. EST Floattech

        21. Saft (Total)

      14. Asia-Pacific Electric Ships Market: Competitive Analysis

        1. Strategic Dashboard of Top Market Players
        2. Companies Deals (Mergers, Partnerships, Acquisitions, JVs)
        3. Expansion Areas (Based on Company Analysis)
        4. Market Share Analysis
      15. Asia-Pacific Electric Ships Market: Distribution Channel Analysis

        1. Distributor Type Analysis
        2. Major Distributors (Key Countries)
        3. Future Growth Prospects
      16. Industry & Analysts Insights for Success

      17. Research Methodology

      18. Appendix

        1. List of Tables
        2. List of Figures
        3. Available Customizations
        4. Related Reports

      List of Figures

      Figure 1: Asia-Pacific Electric Ships Market: Structure

      Figure 2: Asia-Pacific Electric Ships Market: Value Chain Analysis

      Figure 3: Asia-Pacific Electric Ships Market: Porter's Five Forces Model

      Figure 4: Asia-Pacific Electric Ships Market: Market Dynamics

      Figure 5: Asia-Pacific Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 6: Asia-Pacific Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 7: Asia-Pacific Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 8: Asia-Pacific Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 9: Asia-Pacific Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 10: Asia-Pacific Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 11: Asia-Pacific Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 12: China Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 13: China Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 14: China Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 15: China Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 16: China Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 17: China Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 18: China Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 19: Japan Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 20: Japan Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 21: Japan Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 22: Japan Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 23: Japan Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 24: Japan Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 25: Japan Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 26: India Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 27: India Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 28: India Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 29: India Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 30: India Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 31: India Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 32: India Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 33: Southeast Asia Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 34: Southeast Asia Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 35: Southeast Asia Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 36: Southeast Asia Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 37: Southeast Asia Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 38: Southeast Asia Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 39: Southeast Asia Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 40: Australia & New Zealand Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 41: Australia & New Zealand Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 42: Australia & New Zealand Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 43: Australia & New Zealand Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 44: Australia & New Zealand Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 45: Australia & New Zealand Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 46: Australia & New Zealand Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Figure 47: Rest of Asia-Pacific Electric Ships Market, By Type, 2017-2026 (USD Million)

      Figure 48: Rest of Asia-Pacific Electric Ships Market, By System, 2017-2026 (USD Million)

      Figure 49: Rest of Asia-Pacific Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Figure 50: Rest of Asia-Pacific Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Figure 51: Rest of Asia-Pacific Electric Ships Market, By Power, 2017-2026 (USD Million)

      Figure 52: Rest of Asia-Pacific Electric Ships Market, By Range, 2017-2026 (USD Million)

      Figure 53: Rest of Asia-Pacific Electric Ships Market, By End Use, 2017-2026 (USD Million)

      List of Tables

      Table 1: Asia-Pacific Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 2: Asia-Pacific Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 3: Asia-Pacific Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 4: Asia-Pacific Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 5: Asia-Pacific Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 6: Asia-Pacific Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 7: Asia-Pacific Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 8: China Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 9: China Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 10: China Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 11: China Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 12: China Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 13: China Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 14: China Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 15: Japan Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 16: Japan Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 17: Japan Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 18: Japan Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 19: Japan Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 20: Japan Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 21: Japan Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 22: India Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 23: India Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 24: India Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 25: India Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 26: India Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 27: India Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 28: India Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 29: Southeast Asia Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 30: Southeast Asia Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 31: Southeast Asia Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 32: Southeast Asia Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 33: Southeast Asia Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 34: Southeast Asia Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 35: Southeast Asia Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 36: Australia & New Zealand Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 37: Australia & New Zealand Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 38: Australia & New Zealand Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 39: Australia & New Zealand Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 40: Australia & New Zealand Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 41: Australia & New Zealand Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 42: Australia & New Zealand Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Table 43: Rest of Asia-Pacific Electric Ships Market, By Type, 2017-2026 (USD Million)

      Table 44: Rest of Asia-Pacific Electric Ships Market, By System, 2017-2026 (USD Million)

      Table 45: Rest of Asia-Pacific Electric Ships Market, By Mode of Operation, 2017-2026 (USD Million)

      Table 46: Rest of Asia-Pacific Electric Ships Market, By Ship Type, 2017-2026 (USD Million)

      Table 47: Rest of Asia-Pacific Electric Ships Market, By Power, 2017-2026 (USD Million)

      Table 48: Rest of Asia-Pacific Electric Ships Market, By Range, 2017-2026 (USD Million)

      Table 49: Rest of Asia-Pacific Electric Ships Market, By End Use, 2017-2026 (USD Million)

      Research Methodology

      Introduction

      This research study extensively involved secondary and primary data sources. Initially, all the important terms and processes related to the Asia Pacific Electric Ships market were identified. Then, each of these terms was clearly defined and relationships were established among them in the form of parent market, peer markets, and child markets. The entire value-chain was also studied to distinguish various solution and service providers that are operating in the global Asia Pacific Electric Ships market and how the services are being delivered or consumed in every phase of the value chain. The overall objective of this process was to identify the important segments of the Asia Pacific Electric Ships market that meet two important criteria– 1) their revenue is derivable using assumptions and expert opinions 2) their definitions are unique and non-overlapping.

      After defining the market segments, the supply side analysis was carried out where the individual players operating in various segments of the Asia Pacific Electric Ships market were identified and their revenues were analyzed to derive the segmental shares. The derived shares were also validated through an extensive demand side analysis. The below figure depicts different phases of the report production process.

      Phases of the report production process

      Secondary Research

      This research study was initiated with detailed study of information available in the public domain and paid databases. Various secondary sources that were referred during this study include company websites, product descriptions, whitepapers, survey papers, annual reports, investor presentations, press releases, blogs, news, journals, magazines; audit reports, articles published by associations, and paid databases, such as Factiva, D&B Hoovers, and Bloomberg BusinessWeek. The key objective behind secondary research was to obtain information regarding the market evolution, ecosystem, value-chain, total pool of solution and service providers, market segmentation, recent developments, upcoming opportunities and challenges, and various factors that are impacting the market. These data were further validated through primary research.

      Primary Research

      In primary research, various industry experts from both supply and demand side were interviewed to obtain critical information on competitive landscape, vendor shares, value-chain, pricing strategy, and adoption trends. The primary sources include industry experts, such as CXOs, Vice Presidents, Marketing Directors, Technology Directors, and Business Development Managers of companies that are operating in the global Asia Pacific Electric Ships market. Primary research was also conducted to validate the market segmentations, industry trends, market size, future prospects for market growth, and key strategies adopted by the major players to gain leading position in the market.

      Market Size Estimation And Forecasting

      This research study followed two approaches to estimate and forecast the size of global Asia Pacific Electric Ships market and its sub-segments– top-down and bottom-up approach. Important data those were used during this process include list of top players operating in the market, their share in the market, and total pool of solution and service providers. This entire process includes the study of annual and financial reports and extensive interview with industry experts across the value-chain. All important factors that are impacting the market were analyzed and verified through primary research. These data were consolidated and processed through an in-house developed market intelligence engine to derive the final quantitative data.

      Top-Down Approach

      The top-down approach was employed to derive the global Asia Pacific Electric Ships market size through vendor share analysis. More than 40 key players were analyzed and their total contribution in the global market size was found to be around 70%. Thus, remaining 30% was extrapolated to arrive at the global Asia Pacific Electric Ships market size. The regional and country level performance of these top players was also studied to derive the market share for different regions and countries.

      Phases of the report production process

      Bottom-Up Approach

      After the top-down approach, bottom-up approach was employed to derive the share and size for other market segments. Initially, the segmental shares were estimated at the country level. Then, the country- level market numbers were added to derive the regional sizes and finally, by adding the regional sizes, global sizes of all the market segments were calculated.

      Phases of the report production process

      List of Assumptions

      • Market Estimates and Forecasting: The market is estimated and forecasted in the realistic manner, instead of optimistic/aggressive way.
      • Currency: All the revenue-related market numbers are shown in globally accepted currency, USD.
      • Exchange Rates and Currency Conversion: For conversion of other currencies to USD, the average exchange rate for that particular year was used. OANDA website was used for all currency conversions in this market study.
      • Dollar Fluctuation: Dollar fluctuations are assumed to be moderate and will not affect the market forecasts during the forecast period.
      • Global Economic Conditions: The global economic conditions are assumed to be stable enabling the market to grow with similar rate as it’s been growing from last four years.
      • Qualitative to Quantitative Data Conversion: This market study extensively covers numerous factors that are impacting the global Asia Pacific Electric Ships market. In certain cases, direct quantitative data were not available to clearly indicate their influencing power on the market. To handle such cases, a rating mechanism was applied that was purely based on the understanding of the experts involved in the study.