Electric Ships Market Size, Share, and Analysis and Forecast 2021 – 2030

The Global Electric Ships Market Size is expected to grow from USD 5.5 billion in 2021 to USD 10.82 billion by 2030, at a CAGR of 11.5% during the forecast period 2022-2030. Unlike ships with conventional diesel engines, electric ships are propelled by electricity. These ships operate their electric motors with a battery bank as their source of electricity.