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Shore Power Market - Top Companies and Manufacturers

  • Report ID: 3093
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Companies Dominating the Shore Power Landscape

    • Schneider Electric
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Siemens AG
    • ABB Ltd, Switzerland
    • Cavotec SA
    • Wärtsilä Corporation
    • ESL Power Systems, Inc.
    • VINCI Energies S.A.
    • NorSea Group
    • igus GmbH
    • Cochran Marine LLC.
Browse Key Market Insights with Data Illustration:

In the News

·   October 22, 2020: Wärtsilä was selected to power new ‘super ferries’ series by British ferry operator P&O ferries to maintain high level of fuel efficiency in their ships’ engines.

·   October 21, 2020: ABB Marine & Ports delivered its sustainable shore connection technology for Viking’s high speed ferry named XPRS that ensures emissions are quiet and don’t impact local air quality.


Author Credits:  Dhruv Bhatia


  • Report ID: 3093
  • Published Date: Sep 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of shore power is assessed at USD 1.79 billion.

Shore Power Market size was valued at USD 1.65 billion in 2023 and is expected to exceed USD 6.11 billion by 2036, expanding at over 10.6% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by increasing government awareness to reduce carbon emissions from ports and growing number of luxury ships for shipping business.

Asia Pacific is set to account for largest revenue share by 2036, on the back of growing adoption of shore power systems and presence of some of the world’s busiest and largest ports in the region.

The major players in the market are Schneider Electric, Siemens AG, ABB Ltd, Switzerland, Cavotec SA, Wärtsilä Corporation, and others.
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