Global Marine Lithium-ion Battery Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Marine Lithium-ion Battery market size was valued at US$ 1940 million in 2024 and is forecast to a readjusted size of USD 2990 million by 2031 with a CAGR of 6.4% during review period.
Marine Lithium-ion Batteries can be used for workboats, ferries, offshore support, cruise ships, and cargo ships. They perform better than many lead-acid batteries, have a longer service life, are lighter, and take up less space. Li-ion batteries can provide a higher percentage of the nominal capacity than lead-acid batteries without shortening their service life. Lithium batteries are a fantastic choice for marine applications since they include all of these advantages.
The global market for marine lithium-ion batteries refers to the industry involved in the production, distribution, and sale of rechargeable batteries specifically designed for marine applications. These batteries are used to power various electrical systems and devices on boats, ships, and other marine vessels.
Marine lithium-ion batteries offer several advantages over traditional lead-acid batteries, including higher energy density, longer lifespan, lighter weight, and faster charging. These features make them an attractive choice for marine applications, where energy efficiency, reliability, and performance are crucial.
The market for marine lithium-ion batteries is driven by various factors. Firstly, the increasing focus on environmental sustainability and the need to reduce emissions in the marine industry have led to the adoption of electric and hybrid propulsion systems. Lithium-ion batteries play a vital role in powering these systems, enabling vessels to operate more efficiently and with reduced carbon footprints.
Additionally, the growing demand for electric boats, yachts, ferries, and other marine vessels further fuels the demand for marine lithium-ion batteries. As the technology improves and becomes more cost-effective, more boat manufacturers are incorporating electric propulsion systems into their designs, driving the market forward.
Furthermore, government regulations and incentives aimed at promoting clean energy sources and reducing pollution in the marine sector are also supporting the growth of the market. These policies encourage vessel owners and operators to invest in eco-friendly technologies, including lithium-ion batteries.
The market for marine lithium-ion batteries is highly competitive, with several companies operating globally. These companies focus on developing advanced battery technologies, including increased energy storage capacity, improved safety features, and enhanced thermal management systems.
Regional markets also play a significant role in the global marine lithium-ion battery market, with North America, Europe, and Asia-Pacific being the key regions driving growth. These regions have a strong presence of boat manufacturers, marine infrastructure, and supportive government policies, creating a favorable environment for the adoption of marine lithium-ion batteries.
In conclusion, the global marine lithium-ion battery market is expected to witness substantial growth in the coming years. Factors such as the increasing demand for electric and hybrid marine propulsion systems, environmental regulations, and technological advancements will continue to drive the market expansion. As the marine industry embraces sustainable solutions, the adoption of marine lithium-ion batteries is likely to increase, further boosting market growth.
This report is a detailed and comprehensive analysis for global Marine Lithium-ion Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Marine Lithium-ion Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/MWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Marine Lithium-ion Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Marine Lithium-ion Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corvus Energy, Siemens - Industrial Automation, RELiON Battery, Mastervolt, Samsung SDI, MG Energy Systems, Super B Lithium Power B.V., Trojan Battery Company, Saft, Eve Energy Co. Ltd., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Marine Lithium-ion Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lithium Iron Phosphate (LFP)
Lithium Nickel Oxide (LNO)
Lithium Manganate(LMO)
Lithium Cobaltate(LCO)
Lithium Nickel Cobalt Manganate(NCM)
Lithium Nickel Cobalt Aluminum Acid(NCA)
Others
Market segment by Application
Fishing Boats
Cargo Ships
Luxury Yachts
Military Ships
Others
Major players covered
Corvus Energy
Siemens - Industrial Automation
RELiON Battery
Mastervolt
Samsung SDI
MG Energy Systems
Super B Lithium Power B.V.
Trojan Battery Company
Saft
Eve Energy Co. Ltd.
Torqeedo
Victron Energy
Blue Sea Systems
EnerSys
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine Lithium-ion Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Marine Lithium-ion Battery, with price, sales quantity, revenue, and global market share of Marine Lithium-ion Battery from 2020 to 2025.
Chapter 3, the Marine Lithium-ion Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine Lithium-ion Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Marine Lithium-ion Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Lithium-ion Battery.
Chapter 14 and 15, to describe Marine Lithium-ion Battery sales channel, distributors, customers, research findings and conclusion.
Marine Lithium-ion Batteries can be used for workboats, ferries, offshore support, cruise ships, and cargo ships. They perform better than many lead-acid batteries, have a longer service life, are lighter, and take up less space. Li-ion batteries can provide a higher percentage of the nominal capacity than lead-acid batteries without shortening their service life. Lithium batteries are a fantastic choice for marine applications since they include all of these advantages.
The global market for marine lithium-ion batteries refers to the industry involved in the production, distribution, and sale of rechargeable batteries specifically designed for marine applications. These batteries are used to power various electrical systems and devices on boats, ships, and other marine vessels.
Marine lithium-ion batteries offer several advantages over traditional lead-acid batteries, including higher energy density, longer lifespan, lighter weight, and faster charging. These features make them an attractive choice for marine applications, where energy efficiency, reliability, and performance are crucial.
The market for marine lithium-ion batteries is driven by various factors. Firstly, the increasing focus on environmental sustainability and the need to reduce emissions in the marine industry have led to the adoption of electric and hybrid propulsion systems. Lithium-ion batteries play a vital role in powering these systems, enabling vessels to operate more efficiently and with reduced carbon footprints.
Additionally, the growing demand for electric boats, yachts, ferries, and other marine vessels further fuels the demand for marine lithium-ion batteries. As the technology improves and becomes more cost-effective, more boat manufacturers are incorporating electric propulsion systems into their designs, driving the market forward.
Furthermore, government regulations and incentives aimed at promoting clean energy sources and reducing pollution in the marine sector are also supporting the growth of the market. These policies encourage vessel owners and operators to invest in eco-friendly technologies, including lithium-ion batteries.
The market for marine lithium-ion batteries is highly competitive, with several companies operating globally. These companies focus on developing advanced battery technologies, including increased energy storage capacity, improved safety features, and enhanced thermal management systems.
Regional markets also play a significant role in the global marine lithium-ion battery market, with North America, Europe, and Asia-Pacific being the key regions driving growth. These regions have a strong presence of boat manufacturers, marine infrastructure, and supportive government policies, creating a favorable environment for the adoption of marine lithium-ion batteries.
In conclusion, the global marine lithium-ion battery market is expected to witness substantial growth in the coming years. Factors such as the increasing demand for electric and hybrid marine propulsion systems, environmental regulations, and technological advancements will continue to drive the market expansion. As the marine industry embraces sustainable solutions, the adoption of marine lithium-ion batteries is likely to increase, further boosting market growth.
This report is a detailed and comprehensive analysis for global Marine Lithium-ion Battery market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Marine Lithium-ion Battery market size and forecasts, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MWh), and average selling prices (US$/MWh), 2020-2031
Global Marine Lithium-ion Battery market shares of main players, shipments in revenue ($ Million), sales quantity (MWh), and ASP (US$/MWh), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Marine Lithium-ion Battery
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Marine Lithium-ion Battery market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Corvus Energy, Siemens - Industrial Automation, RELiON Battery, Mastervolt, Samsung SDI, MG Energy Systems, Super B Lithium Power B.V., Trojan Battery Company, Saft, Eve Energy Co. Ltd., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Marine Lithium-ion Battery market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Lithium Iron Phosphate (LFP)
Lithium Nickel Oxide (LNO)
Lithium Manganate(LMO)
Lithium Cobaltate(LCO)
Lithium Nickel Cobalt Manganate(NCM)
Lithium Nickel Cobalt Aluminum Acid(NCA)
Others
Market segment by Application
Fishing Boats
Cargo Ships
Luxury Yachts
Military Ships
Others
Major players covered
Corvus Energy
Siemens - Industrial Automation
RELiON Battery
Mastervolt
Samsung SDI
MG Energy Systems
Super B Lithium Power B.V.
Trojan Battery Company
Saft
Eve Energy Co. Ltd.
Torqeedo
Victron Energy
Blue Sea Systems
EnerSys
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine Lithium-ion Battery product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Marine Lithium-ion Battery, with price, sales quantity, revenue, and global market share of Marine Lithium-ion Battery from 2020 to 2025.
Chapter 3, the Marine Lithium-ion Battery competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine Lithium-ion Battery breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Marine Lithium-ion Battery market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Lithium-ion Battery.
Chapter 14 and 15, to describe Marine Lithium-ion Battery sales channel, distributors, customers, research findings and conclusion.
Table of Contents
114 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Marine Lithium-ion Battery by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
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