Solar Boat Market by Boat Type (Pure Electric Boat and Hybrid Electric Boat), Solar Panel (Mono Crystalline, Multi Crystalline and Amorphous Silicon) and Size (Small Size, Mid-size and Large Size): Global Opportunity Analysis and Industry Forecast, 2021–2027
A10180 | Pages: NA | Feb 2021 | 48 Views | | |
Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Solar Boat Market
Request Now !Solar boats are operated with battery power and have solar panels for charging the battery. Solar boats are eco-friendly boats that are free from noise, vibration, and exhaust gases. Solar boats have several benefits, including less engine maintenance, fuel economy, less vibrations, avoid local contamination, and also reduce the weight of the boats. Demand for hybrid electric boats is increasing with significant growth rate, which compels the manufacturers of boats to develop new and innovative hybrid boats. Therefore, these factors lead to the growth of the solar boat market.
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast unit |  Value (USD) |
 Segments covered |  Boat Type, Solar Panel , Size |
 Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa |
 Companies covered | Sono Motors, Volkswagen, Toyota, Ford, Mahindra, Nissan, GM, Cruise Car, and Solar Electric Vehicle Company |
Â
COVID-19 scenario analysis:
- COVID-19 has severely impacted the solar industry due to shortage of cells, modules, and other ancillary products.
- More population results in more demand for marine tourism. However, due to COVID-19, there is no transportation and no demand for solar boats.
- COVID-19 pandemic has restricted travel & tourism and use of boats. They are expected to restart at only when the situation is becomes stable.
- Original equipment manufacturers (OEMs) have also halted production, which has further decreased the demand for solar boats.
- Technological restrictions, maintenance issues, and high prices are expected to hamper the steady growth of the solar boat market over the forecast period.
Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis
The significant factors that supplement the growth of the solar boat market are increase in use of safe alternative of conventional propulsion system of boats and increase in demand for recreational purposes and tourism. Moreover, high procurement costs and relatively low speed compared to IC engine boats hamper the growth of the automotive solar boat market. Furthermore, increase in demand for hybrid boats and technological innovation is expected to fuel the growth of the solar boat market.Â
Increase in use of safe alternative of conventional propulsion system of boats
Increase in use of conventional boats rapidly contaminates water bodies and related emissions. Density of polluting agents, such as SOx and Nox, increases significantly due to the use of conventional boats. However, solar boat leads to the reduction of harmful emissions, which drives the growth of the market in near future.
Increase in demand for recreational purposes and tourism
Demand for electric boats increases for recreational purpose due to increase in spending in maritime vehicles in developed economies. This is attributed to rise in concerns regarding environmental safety, which leads to the growth of the solar boat market in near future.
Key segments covered:
Segments | Sub-segments |
 Boat Type |
|
 Solar Panel |
|
 Size |
|
Â
Key benefits of the report:
- This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the solar boat market share.
- The current market is analyzed from 2020 to 2027 to highlight the solar boat market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed solar boat market analysis based on competitive intensity and how the competition will take shape in coming years.Â
Questions answered in the solar boat market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?Â
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Solar Boat Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Featured Reports
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers