Shore Power Market Size worth $2.8 Billion by 2027
The global Shore Power Market size is expected to grow from an estimated USD 1.6 billion in 2022 to USD 2.8 billion by 2027, at a CAGR of 11.2% according to a new report by MarketsandMarkets™. Shore power, shore-to-ship power, or cold ironing is a technique of supplying electricity from the shore to ships to fulfill their power requirements for onboard electrical systems. This technique is...
Macro to Micro Growth Factors for the Smart Ports Market
The global smart port market is primarily being driven by increasing international maritime trade activities and real-time geospatial data to improve port operations across all ports. A smart port is a port that is equipped with multiple technologies, such as the Internet of Things (IoT), blockchain, and artificial intelligence (AI), which helps its operators and users in improving some or many operations...
Shore Power Market Size to Reach $2.8 Billion by 2027
According to the new market research report
“Shore
Power Market by Installation (Shoreside, Shipside), Connection (New
Installation, Retrofit), Component (Transformers, Frequency Converters, and
More), Power Output (Up to 30 MVA, 30 to 60 MVA, Above 60 MVA) and Region –
Global Forecast to 2027″, published by MarketsandMarkets™, the Shore
Power Market size will grow to USD 2.8 billion...
Shore Power Market Worth $1.4 Billion by 2025
The global Shore
Power Market is projected to reach USD 1.4 billion by 2025 from USD 1.1
billion in 2020, at a CAGR of 6.7%. The factors driving the growth of the Shore
Power Market are the growing focus on reducing air and noise pollution from
porting activities and increasing sea trade and cruise tourism.
Shoreside installation is expected to be largest
market during forecast period
The market...