Global Shore Power Market Overview and Forecast

Market Size and Growth

The global Shore Power market was valued at US$ 1.17 Bn. in 2021 and is projected to reach US$ 1.98 Bn. by 2029, growing at a compound annual growth rate (CAGR) of 6.8% during the forecast period.

Market Overview

This study aims to provide a detailed analysis of the Shore Power market based on components, applications, industries, and geographic regions. It delves into the key factors driving market growth and offers an extensive examination of the market's value chain.

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Market Scope

The research methodology to evaluate and forecast the Shore Power market starts with secondary research from sources that compile revenue data from major suppliers. Vendor offerings are also considered during market segmentation. Using a bottom-up approach, the total market size was estimated based on the revenues of key companies.

Drivers

The report covers the major drivers and restraints impacting the Shore Power market.

Segmentation

For detailed market segmentation

by Installation

• Shoreside
• Shipside

by Connection

• New Installation
• Retrofit

by Component

• Transformers
• Switchgear Devices
• Frequency Converters
• Cables and Accessories
• Others

by Power Output

• Up to 30 MVA
• 30 to 60 MVA
• Above 60 MVA

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Key Players

The report includes analysis of major players in the Shore Power market, including:

• Schneider electric
• Cavotec
• Wartsila
• Vinci energies
• Danfoss
• ABB (hitachi)
• Esl power systems
• Igus
• Blueday technology
• Cochran marine
• Preen
• Smartplug
• Piller power systems
• Power systems international
• Ratio electric
• Sydney marine electrical
• Ocean electrics
• Conntek integrated solutions
• Patton and cooke

Regional Analysis

Market share statistics for regions including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America are available. Analysts at Maximize perform competitive strength assessments and individual competitor analyses.

COVID-19 Impact Analysis

The COVID-19 pandemic has significantly affected various industries such as aerospace and defense, agriculture, automotive, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, and banking, among others. The report discusses the impact of COVID-19 on the Shore Power market and its growth rate in 2019-2020. Our latest research, insights, and expert opinions are crucial for businesses navigating the challenges posed by the COVID-19 crisis, providing reliable data and insights to industry leaders.

Key Questions Answered in the Shore Power Market Report

• Which segment held the largest share in the Shore Power market?
• What was the competitive landscape of the Shore Power market in 2020?
• What are the key factors driving the growth of the Shore Power market?
• Which region held the largest share in the Shore Power market in 2020?

About Maximize Market Research

Maximize Market Research is a comprehensive market research and consulting company, covering a wide range of industries. These include medical devices, pharmaceuticals, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemicals, general merchandise, beverages, personal care, and automated systems. We provide industry-verified market estimations, technical trend analyses, strategic advice, competitive analyses, production and demand assessments, and client impact studies.

Contact Maximize Market Research

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