European fully electric ship market size by power source 2018-2030
In 2020, the European market for fully electric ships was sized at about 1.6 billion U.S. dollars. It is projected that the market will grow more than threefold between 2020 and 2030, reaching the size of over 5.3 billion U.S. dollars. Lithium-ion battery-powered ships will remain to be the largest segment of the market.