Electric Boat Market Report 2025: Size, Trends, And Growth Insights For Global Expansion

The Business Research Company's Electric Boat Global Market Report 2025 – Market Size, Trends, And Global Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, June 9, 2025 /EINPresswire.com/ -- The electric boat market size has surged remarkably in the recent past and is predicted to further expand from $5.05 billion in 2024 to $5.62 billion in 2025 at a compound annual growth rate CAGR of 11.4%. Such impressive growth in the historic term can be ascribed to factors such as rigorous environmental regulations, escalating adoption of electric propulsion systems, hefty investments in clean water tourism, broadening of marinas featuring electric charging infrastructure, and burgeoning urban water transport networks.

What Could Be The Future Of The Electric Boat Market?
The electric boat market size is prophesied to witness a rapid swell in the following years, growing to $8.60 billion in 2029 at a compound annual growth rate CAGR of 11.2%. The surge in the forecast period can be credited to an increased availability of high-capacity lithium-ion and solid-state batteries, a soaring demand for zero-emission vessels, an escalating deployment of electric boats in urban canal transport, heightened concerns over underwater noise pollution, and a rising popularity of solar-powered marine vessels. Revolutionary trends in the forecast period include the enhancement of battery management systems via technology, upgrades in electric propulsion technology, development of high-energy-density batteries and solid-state battery technology, and the integration of renewable energy systems.

Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=23677&type=smp

What Factors Can Drive The Growth Of The Electric Boat Market Further?
The upward trend in seaborne trade activities is foreseen to fuel the growth of the electric boat market in the future. Seaborne trade, which involves transportation of goods and commodities by ships across international waters, has primarily surged due to the growing integration of supply chains that has stimulated the demand for efficient and cost-effective transportation of bulk goods and containers across international markets.

Who Are The Key Industry Players Shaping The Electric Boat Market Landscape?
Quite a few major companies are operating in the electric boat market, including ABB LTD, GardaSolar srl, Damni Yachts, Pure Watercraft Inc, Candela Technology AB, Echandia Marine AB, RAND Boats ApS, Nautique Boat Company Inc., and Duffy Electric Boat Company.

Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/electric-boat-global-market-report

How Is the Global Electric Boat Market Segmented?
Emerging trends in the electric boat market show that leading companies are focusing on developing innovative products like eco-friendly recreational boats to satisfy the mounting consumer demand for sustainable and low-emission marine transportation solutions.

How Is the Global Electric Boat Market Segmented?
The electric boat market is categorized by Propulsion Type Hybrid, Pure Electric, Battery Type Lead-Acid Battery, Lithium-Ion Battery, Nickel-Based Battery, Range Less Than 50 Km, 50 To 100 Km, 101 To 1,000 Km, More Than 1,000 Km, Application Passenger Boats, Cargo Boats, Other Applications, and End-Use Recreational Boats, Commercial Boats, Military And Law Enforcements Boats, Others End Uses. Hybrid segment features Parallel Hybrid, Series Hybrid, Plug-in Hybrid subsegments, and Pure Electric segment comprises Battery Electric, Solar Electric, Fuel Cell Electric subsegments.

What Are The Regional Insights Of The Electric Boat Market?
In terms of regional perspective, North America was the dominant region in the electric boat market in 2024. However, Asia-Pacific is projected to be the fastest-growing region in the forecast period. Other regions covered in the electric boat market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Browse Through More Similar Reports By The Business Research Company:

Electrical And Electronics Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/electrical-and-electronics-global-market-report

Electrical Equipment Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/electrical-equipment-global-market-report

Electric Bikes and Scooters Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/electric-bikes-and-scooters-global-market-report

About The Business Research Company
Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
LinkedIn
Facebook
X