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Marine Battery Market Projected to Hit $1.50 Billion by 2030

by Harry

Dublin, Jan. 13, 2025 — A new report titled “Marine Battery Market by Type, Vessel Type, Function, Capacity, Propulsion, Power, Design, Form, Sales, Regions, Global Forecast to 2030” has been added to ResearchAndMarkets.com’s portfolio.

The marine battery market is expected to grow from USD 882.3 million in 2024 to USD 1.50 billion by 2030, with a compound annual growth rate (CAGR) of 9.3% during the forecast period. This growth is driven by technological advancements in marine battery technology and increasingly stringent environmental regulations.

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Key players in the marine battery market include Siemens Energy (Germany), Leclanche (Switzerland), Corvus Energy (Canada), Toshiba Corporation (Japan), and EnerSys (US).

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