Marine Battery Market worth $2,056 Million by 2030 - Exclusive Report by MarketsandMarkets™
Based on Ship Type, Commercial segment is projected to lead the Marine Battery market during the forecast period.
- Based on Ship Type, Commercial segment is projected to lead the Marine Battery market during the forecast period.
- The adoption of hybrid and electrical systems to replace conventional propulsion systems in order to reduce the carbon and sulfur emissions from the marine vessels is driving the marine battery market.
- Based on Battery Type, the lithium battery segment is projected to dominate the market share during the forecast period.
- Based on Propulsion Type, the fully electric segment is projected to lead the Marine Battery market during the forecast period.