The Marine Battery Market is set for substantial growth, with its size projected to expand from USD 527 million in 2022 to USD 2,056 million by 2030, reflecting a CAGR of 18.6%. This surge is driven by the rise in global sea-borne trade and the increasing adoption of hybrid and fully electric maritime vessels.

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Major Players

  1. Corvus Energy (Norway):
  • Designs and manufactures large-scale energy storage systems (ESS) for maritime applications.
  • Collaborating with Toyota to develop maritime-certified hydrogen fuel cell systems.
Leclanché S.A. (Switzerland):
  • Specializes in customized energy storage solutions for various sectors, including hybrid and electric maritime vessels.
  • Focuses on battery electrochemistry and energy management software technology.
Siemens AG (Germany):
  • Provides a wide range of solutions, including automation, digitalization, and energy systems for maritime applications.
  • Active in the Mobility sector, which includes passenger and freight transportation.
Saft (France):
  • Offers innovative and reliable battery technology for critical applications, including marine.
  • A subsidiary of TotalEnergies, Saft operates in sectors like mobility, energy storage, and defense.
Shift Clean Energy (Canada):
  • Provides energy storage technologies designed for marine and industrial applications.
  • Focuses on safety, reliability, and cost efficiency, powering hybrid and all-electric ferries, offshore supply vessels, and other applications.

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