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Global Shore Power Market Report 2024

Shore Power Global Market Report 2024 – By Component (Transformer, Switchgear, Cables And Accessories, Frequency Converter, Other Components), By Power Output (Up to 30 MVA, Above 30 MVA), By Installation (Shoreside, Shipside), By Connection (New Installation, Retrofit) – Market Size, Trends, And Global Forecast 2024-2033

Shore Power Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Shore Power Market Definition

Shore power refers to an external source of electrical power provided to a ship, boat, or marine vessel while it is docked or moored at a port or harbor. Shore power offers several benefits, including reduced emissions and noise pollution since the ship's internal generators can be turned off, improving air quality in port areas.

The main components of shore power are a transformer, switchgear, cables and accessories, frequency converter, and others. A transformer is an electrical device that is used to transfer electrical energy between two or more circuits through electromagnetic induction. The various power output includes up to 30 MVA, above 30 MVA through various installations such as shoreside, and shipside, and various connections such as new installation, and retrofit.

Shore Power Market Segmentation

The shore power market covered in this report is segmented –

1) By Component: Transformer, Switchgear, Cables And Accessories, Frequency Converter, Other Components

2) By Power Output: Up to 30 MVA, Above 30 MVA

3) By Installation: Shoreside, Shipside

4) By Connection: New Installation, Retrofit

Global Shore Power Market Size 2023 to 2028: Graph

Shore Power Market Size 2024 And Growth Rate

The shore power market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to $1.65 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to environmental regulations, air quality improvement initiatives, ports' sustainability goals, reduced noise and vibrations, cost savings for shipping lines..

Shore Power Market Growth Forecast

The shore power market size is expected to see rapid growth in the next few years. It will grow to $2.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to global expansion of shore power infrastructure, international collaboration on emission reduction, advancements in green port initiatives, growing electrification in maritime transport, incentives and subsidies.. Major trends in the forecast period include focus on electrification of maritime transport, development of onboard shore power systems, integration with grid management systems, retrofitting existing ports with shore power, focus on cost-efficiency and return on investment..

Shore Power Market Driver: Surge In Aircraft Demand Ignites Growth In The Seam Welding Machine Market

The increasing number of passengers traveling on cruise ships is expected to propel the growth of the shore power market going forward. A cruise ship is a large passenger ship designed for leisure voyages where passengers can enjoy various amenities, entertainment, and services while traveling to different destinations. Shore power provides a cleaner and healthier environment, reduces noise pollution, and gives comfort to passengers for a peaceful and enjoyable experience while they are traveling on a cruise. For instance, in March 2021, according to Cruise Industry News, a US-based travel agency, 31.7 million passengers traveled on cruises in 2022, which is estimated to increase to 38.7 million passengers by 2027. Therefore, the increasing number of passengers traveling on cruise ships is driving the growth of the shore power market.

Shore Power Market Driver: The Environmental Impact Of Port Operations And The Growth Of Shore Power Solutions

The rising noise and air pollution from port operations are expected to propel the growth of the shore power market going forward. Noise and air pollution from port operations refer to the harmful pollutants and particles that negatively impact the surrounding air, human and marine health, and the environment. Shore power infrastructure limits carbon emissions and noise by enabling vessels to turn off their engines and plug into the local electricity grid to power auxiliary systems while at berth. For instance, in February 2022, according to The Environmental and Energy Study Institute (EESI), a US-based non-profit organization that aims to promote environmentally sustainable societies, the Ports of Los Angeles and Long Beach, responsible for processing 40% of containers entering the United States, generated 100 tons of smog daily, surpassing the daily emissions of six million cars in the Southern California region, a major source of greenhouse gas emissions and local air pollution. Therefore, rising noise and air pollution from port operations will drive the growth of the shore power market.

Global Shore Power Market Major Players

Major companies operating in the shore power market report are Siemens AG, General Electric Corporation, Schneider Electric SE, ABB, Eaton, Vinci Energies S.A., Carnival Corporation & plc, Danfoss, Royal Caribbean Group, Wärtsilä Oyj Abp, Norwegian Cruise Line Holdings Ltd, Piller Power Systems, IGUS, Power Systems International, Cochran Inc., Cavotec SA, ESL Power Systems Inc., Victron Energy, Mastervolt, SmartPlug Systems, Atlas Marine Systems, Tec Container S.A., Preen (AC Power Corp.), Asea Power Systems, Blueday Technology AS

Global Shore Power Market Restraint: High Initial Investment And Ongoing Maintenance Costs

High initial investment and maintenance costs are a significant challenge for adopting shore power, restraining the market's growth. Implementing shore power infrastructure at ports necessitates significant initial capital outlays, covering expenses such as the procurement and installation of electrical components such as transformers, cabling, and connectors, along with investments in monitoring and control technology. Additionally, ongoing operational and maintenance costs are incurred, involving the port authorities' upkeep and enhancement of port electrical infrastructure and regular inspection and maintenance of onboard shore power systems by ship operators. For instance, in July 2023, according to the Port of Oakland, the US-based port authority for international trade and commerce, portwide, there were 95 ship dockings, with 88 vessels (equivalent to 93%) effectively utilizing shore power. These vessels adhered to the prescribed utility rates as defined by the Port Ordinance, which includes an hourly usage fee of $267 (plus applicable taxes), a maintenance fee of $31 per hour (plus applicable taxes), and an initial charge of $3,600 for vessel commissioning. Therefore, high initial investment and maintenance costs hinder shore power market growth.

Global Shore Power Market Trend: Innovations In The Shore Power For Maritime Sustainability

Major companies operating in the shore power market are focusing on developing innovative products, such as high-voltage shore power solutions, to sustain their position in the market. High-voltage shore power is an electrical connection between a ship and an electric grid that allows the ship to shut off its engine and reduce fuel consumption and carbon emissions. For instance, in August 2022, ERMA FIRST ESK Engineering S.A., a Greece-based manufacturer of marine equipment solutions, launched BLUE CONNECT for shore power. This high-voltage shore power solution is called alternate marine power (AMP) or cold ironing. Blue Connect can turn down the ship's diesel generators, which lowers noise levels and emissions of volatile organic compounds, nitrogen oxides, sulfur oxides, and particulate matter. This includes the power transformer, the shore connection main control panel, and the power changeover.

Shore Power Market Merger And Acquisition: Caverion Expands Expertise And Service Portfolio With Acquisition Of CS Electric A/S

In September 2022, Caverion, a Finland-based technical solutions provider company that offers shore power, acquired CS Electric A/S for an undisclosed amount. With this acquisition, Caverion strengthens its present design and engineering capabilities and capacity for service and installation, providing customers with sustainable energy-saving solutions aimed at marine and other industries. CS Electric A/S is a Denmark-based company that offers technical engineering, electrification, automation, and shore power services.

Regional Outlook For The Global Shore Power Market

Asia-Pacific was the largest region in the shore power market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the shore power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the shore power market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The shore power market consists of sales of remote monitoring systems, emergency backup systems, and shore power cabinets. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The shore power market research report is one of a series of new reports from The Business Research Company that provides shore power market statistics, including shore power industry global market size, regional shares, competitors with a shore power market share, detailed shore power market segments, market trends and opportunities, and any further data you may need to thrive in the shore power industry. This shore power market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Shore Power Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $1.65 billion
Revenue Forecast In 2033 $2.54 billion
Growth Rate CAGR of 11.3% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Transformer, Switchgear, Cables And Accessories, Frequency Converter, Other Components
2) By Power Output: Up to 30 MVA, Above 30 MVA
3) By Installation: Shoreside, Shipside
4) By Connection: New Installation, Retrofit
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Siemens AG; General Electric Corporation; Schneider Electric SE; ABB; Eaton; Vinci Energies S.A.; Carnival Corporation & plc; Danfoss; Royal Caribbean Group; Wärtsilä Oyj Abp; Norwegian Cruise Line Holdings Ltd; Piller Power Systems; IGUS; Power Systems International; Cochran Inc.; Cavotec SA; ESL Power Systems Inc.; Victron Energy; Mastervolt; SmartPlug Systems; Atlas Marine Systems; Tec Container S.A.; Preen (AC Power Corp.); Asea Power Systems; Blueday Technology AS
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Shore Power Market Characteristics

    3. Shore Power Market Trends And Strategies

    4. Shore Power Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Shore Power Market Size and Growth

    5.1. Global Shore Power Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Shore Power Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Shore Power Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Shore Power Market Segmentation

    6.1. Global Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Transformer

    Switchgear

    Cables And Accessories

    Frequency Converter

    Other Components

    6.2. Global Shore Power Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up to 30 MVA

    Above 30 MVA

    6.3. Global Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Shoreside

    Shipside

    6.4. Global Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    New Installation

    Retrofit

    7. Shore Power Market Regional And Country Analysis

    7.1. Global Shore Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Shore Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Shore Power Market

    8.1. Asia-Pacific Shore Power Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Shore Power Market

    9.1. China Shore Power Market Overview

    9.2. China Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Shore Power Market

    10.1. India Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Shore Power Market

    11.1. Japan Shore Power Market Overview

    11.2. Japan Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Shore Power Market

    12.1. Australia Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Shore Power Market

    13.1. Indonesia Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Shore Power Market

    14.1. South Korea Shore Power Market Overview

    14.2. South Korea Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Shore Power Market

    15.1. Western Europe Shore Power Market Overview

    15.2. Western Europe Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Shore Power Market

    16.1. UK Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Shore Power Market

    17.1. Germany Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Shore Power Market

    18.5. France Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Shore Power Market

    19.9. Italy Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Shore Power Market

    20.13. Spain Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Shore Power Market

    21.1. Eastern Europe Shore Power Market Overview

    21.2. Eastern Europe Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Shore Power Market

    22.1. Russia Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Shore Power Market

    23.1. North America Shore Power Market Overview

    23.2. North America Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Shore Power Market

    24.1. USA Shore Power Market Overview

    24.2. USA Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Shore Power Market

    25.1. Canada Shore Power Market Overview

    25.2. Canada Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Shore Power Market

    26.1. South America Shore Power Market Overview

    26.2. South America Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Shore Power Market

    27.1. Brazil Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Shore Power Market

    28.1. Middle East Shore Power Market Overview

    28.2. Middle East Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Shore Power Market

    29.1. Africa Shore Power Market Overview

    29.2. Africa Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Shore Power Market Competitive Landscape And Company Profiles

    30.1. Shore Power Market Competitive Landscape

    30.2. Shore Power Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. General Electric Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Schneider Electric SE

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. ABB

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Eaton

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Shore Power Market Other Major And Innovative Companies

    31.1. Vinci Energies S.A.

    31.2. Carnival Corporation & plc

    31.3. Danfoss

    31.4. Royal Caribbean Group

    31.5. Wärtsilä Oyj Abp

    31.6. Norwegian Cruise Line Holdings Ltd

    31.7. Piller Power Systems

    31.8. IGUS

    31.9. Power Systems International

    31.10. Cochran Inc.

    31.11. Cavotec SA

    31.12. ESL Power Systems Inc.

    31.13. Victron Energy

    31.14. Mastervolt

    31.15. SmartPlug Systems

    32. Global Shore Power Market Competitive Benchmarking

    33. Global Shore Power Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Shore Power Market

    35. Shore Power Market Future Outlook and Potential Analysis

    35.1 Shore Power Market In 2028 - Countries Offering Most New Opportunities

    35.2 Shore Power Market In 2028 - Segments Offering Most New Opportunities

    35.3 Shore Power Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Shore Power Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Shore Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Shore Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Siemens AG Financial Performance
  • Table 76: General Electric Corporation Financial Performance
  • Table 77: Schneider Electric SE Financial Performance
  • Table 78: ABB Financial Performance
  • Table 79: Eaton Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Shore Power Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Shore Power Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Shore Power Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Shore Power Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Shore Power Market, Segmentation By Installation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Shore Power Market, Segmentation By Connection, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Siemens AG Financial Performance
  • Figure 76: General Electric Corporation Financial Performance
  • Figure 77: Schneider Electric SE Financial Performance
  • Figure 78: ABB Financial Performance
  • Figure 79: Eaton Financial Performance
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Frequently Asked Questions

What is the definition of the shore power market?

Shore power refers to an external source of electrical power provided to a ship, boat, or marine vessel while it is docked or moored at a port or harbor. Shore power offers several benefits, including reduced emissions and noise pollution since the ship's internal generators can be turned off, improving air quality in port areas. For further insights on the shore power market, request a sample here

How will the shore power market drivers and restraints affect the shore power market dynamics? What forces will shape the shore power industry going forward?

The shore power market major growth driver - cruise ship industry surge fuels shore power market growth for cleaner, quieter, and greener travel. For further insights on the shore power market, request a sample here

What is the forecast market size or the forecast market value of the shore power market?

The shore power market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to $1.65 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to environmental regulations, air quality improvement initiatives, ports' sustainability goals, reduced noise and vibrations, cost savings for shipping lines.. The shore power market size is expected to see rapid growth in the next few years. It will grow to $2.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to global expansion of shore power infrastructure, international collaboration on emission reduction, advancements in green port initiatives, growing electrification in maritime transport, incentives and subsidies.. Major trends in the forecast period include focus on electrification of maritime transport, development of onboard shore power systems, integration with grid management systems, retrofitting existing ports with shore power, focus on cost-efficiency and return on investment.. For further insights on the shore power market, request a sample here

How is the shore power market segmented?

The shore power market is segmented
1) By Component: Transformer, Switchgear, Cables And Accessories, Frequency Converter, Other Components
2) By Power Output: Up to 30 MVA, Above 30 MVA
3) By Installation: Shoreside, Shipside
4) By Connection: New Installation, RetrofitFor further insights on the shore power market,
request a sample here

Which region has the largest share of the shore power market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the shore power market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the shore power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the shore power market, request a sample here.

Who are the major players in the shore power market?

Major companies operating in the shore power market report are Siemens AG, General Electric Corporation, Schneider Electric SE, ABB, Eaton, Vinci Energies S.A., Carnival Corporation & plc, Danfoss, Royal Caribbean Group, Wärtsilä Oyj Abp, Norwegian Cruise Line Holdings Ltd, Piller Power Systems, IGUS, Power Systems International, Cochran Inc., Cavotec SA, ESL Power Systems Inc., Victron Energy, Mastervolt, SmartPlug Systems, Atlas Marine Systems, Tec Container S.A., Preen (AC Power Corp.), Asea Power Systems, Blueday Technology AS For further insights on the shore power market, request a sample here.

What are the key trends in the shore power market?

Major trend in the shore power market - Innovations In The Shore Power For Maritime Sustainability. For further insights on the shore power market, request a sample here.

What are the major opportunities in the shore power market? What are the strategies for the shore power market?

For detailed insights on the major opportunities and strategies in the shore power market, request a sample here.

How does the shore power market relate to the overall economy and other similar markets?

For detailed insights on shore power market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the shore power industry?

For detailed insights on the mergers and acquisitions in the shore power industry, request a sample here.

What are the key dynamics influencing the shore power market growth? SWOT analysis of the shore power market.

For detailed insights on the key dynamics influencing the shore power market growth and SWOT analysis of the shore power industry, request a sample here.