Sustainable Shipping Surge: Electric Vessels Market Outlook...

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2025-07-25 05:59:55 -

Sustainable Shipping Surge: Electric Vessels Market Outlook 2024–2031

The global Electric Ships Market, valued at USD 6.12 billion in 2022, is anticipated to reach USD 14.31 billion by 2030. This growth reflects a compound annual growth rate (CAGR) of 11.2% during the forecast period. The market's expansion is driven by increasing demand for sustainable shipping solutions, advancements in electric propulsion technology, and growing regulatory pressures for...

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