The electrical onboard ships can be divided into several specific systems: Power Conversion Equipment, Onboard Power Distribution, Electrical Propulsion System, Complete Onboard Electrical Systems. All the electrical equipment onboard ships are similar to land however, they are upgraded to withstand the rigorous atmosphere of the sea and moving ship to withstand humid surroundings, high temperatures, salty and corrosive atmosphere, vibration, etc.
This report aims to provide a comprehensive presentation of the global market for Electrical System in Ships, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical System in Ships. This report contains market size and forecasts of Electrical System in Ships in global, including the following market information:
Global Electrical System in Ships Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Electrical System in Ships market was valued at US$ 7757.3 million in 2022 and is projected to reach US$ 13700 million by 2029, at a CAGR of 8.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of electrical system in ships include Wartsila, ABB, Siemens, GE, Rolls-Royce, etc. The top five players hold a share over 55%. Asia-Pacific is the largest market, has a share about 78%, followed by Europe and North America, with share 11% and 8%, separately. In terms of product type, Complete Onboard Electrical Systems is the largest segment, occupied for a share of 49%, and in terms of application, Bulk Carrier has a share about 28 percent.
We surveyed the Electrical System in Ships companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical System in Ships Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Electrical System in Ships Market Segment Percentages, by Type, 2022 (%)
Complete Onboard Electrical Systems
Onboard Power Distribution
Electrical Propulsion System
Power Conversion Equipment
Global Electrical System in Ships Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Electrical System in Ships Market Segment Percentages, by Application, 2022 (%)
Bulk Carrier
Container Ship
Oil Tanker
Ferry
Cruise Ship
Offshore Vessel
Chemical Tanker
Military Vessel
AUV
Others
Global Electrical System in Ships Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Electrical System in Ships Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical System in Ships revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Electrical System in Ships revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Wartsila
ABB
Siemens
GE
Rolls-Royce
Daihatsu Diesel Mfg
MAN Energy Solutions
Yanmar
Leonardo DRS
Ingeteam Marine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrical System in Ships, market overview.
Chapter 2: Global Electrical System in Ships market size in revenue.
Chapter 3: Detailed analysis of Electrical System in Ships company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electrical System in Ships in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Electrical System in Ships Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Electrical System in Ships Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Electrical System in Ships Overall Market Size
2.1 Global Electrical System in Ships Market Size: 2022 VS 2029
2.2 Global Electrical System in Ships Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Electrical System in Ships Players in Global Market
3.2 Top Global Electrical System in Ships Companies Ranked by Revenue
3.3 Global Electrical System in Ships Revenue by Companies
3.4 Top 3 and Top 5 Electrical System in Ships Companies in Global Market, by Revenue in 2022
3.5 Global Companies Electrical System in Ships Product Type
3.6 Tier 1, Tier 2 and Tier 3 Electrical System in Ships Players in Global Market
3.6.1 List of Global Tier 1 Electrical System in Ships Companies
3.6.2 List of Global Tier 2 and Tier 3 Electrical System in Ships Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Electrical System in Ships Market Size Markets, 2022 & 2029
4.1.2 Complete Onboard Electrical Systems
4.1.3 Onboard Power Distribution
4.1.4 Electrical Propulsion System
4.1.5 Power Conversion Equipment
4.2 By Type - Global Electrical System in Ships Revenue & Forecasts
4.2.1 By Type - Global Electrical System in Ships Revenue, 2018-2023
4.2.2 By Type - Global Electrical System in Ships Revenue, 2024-2029
4.2.3 By Type - Global Electrical System in Ships Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Electrical System in Ships Market Size, 2022 & 2029
5.1.2 Bulk Carrier
5.1.3 Container Ship
5.1.4 Oil Tanker
5.1.5 Ferry
5.1.6 Cruise Ship
5.1.7 Offshore Vessel
5.1.8 Chemical Tanker
5.1.9 Military Vessel
5.1.10 AUV
5.1.11 Others
5.2 By Application - Global Electrical System in Ships Revenue & Forecasts
5.2.1 By Application - Global Electrical System in Ships Revenue, 2018-2023
5.2.2 By Application - Global Electrical System in Ships Revenue, 2024-2029
5.2.3 By Application - Global Electrical System in Ships Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Electrical System in Ships Market Size, 2022 & 2029
6.2 By Region - Global Electrical System in Ships Revenue & Forecasts
6.2.1 By Region - Global Electrical System in Ships Revenue, 2018-2023
6.2.2 By Region - Global Electrical System in Ships Revenue, 2024-2029
6.2.3 By Region - Global Electrical System in Ships Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Electrical System in Ships Revenue, 2018-2029
6.3.2 US Electrical System in Ships Market Size, 2018-2029
6.3.3 Canada Electrical System in Ships Market Size, 2018-2029
6.3.4 Mexico Electrical System in Ships Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Electrical System in Ships Revenue, 2018-2029
6.4.2 Germany Electrical System in Ships Market Size, 2018-2029
6.4.3 France Electrical System in Ships Market Size, 2018-2029
6.4.4 U.K. Electrical System in Ships Market Size, 2018-2029
6.4.5 Italy Electrical System in Ships Market Size, 2018-2029
6.4.6 Russia Electrical System in Ships Market Size, 2018-2029
6.4.7 Nordic Countries Electrical System in Ships Market Size, 2018-2029
6.4.8 Benelux Electrical System in Ships Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Electrical System in Ships Revenue, 2018-2029
6.5.2 China Electrical System in Ships Market Size, 2018-2029
6.5.3 Japan Electrical System in Ships Market Size, 2018-2029
6.5.4 South Korea Electrical System in Ships Market Size, 2018-2029
6.5.5 Southeast Asia Electrical System in Ships Market Size, 2018-2029
6.5.6 India Electrical System in Ships Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Electrical System in Ships Revenue, 2018-2029
6.6.2 Brazil Electrical System in Ships Market Size, 2018-2029
6.6.3 Argentina Electrical System in Ships Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Electrical System in Ships Revenue, 2018-2029
6.7.2 Turkey Electrical System in Ships Market Size, 2018-2029
6.7.3 Israel Electrical System in Ships Market Size, 2018-2029
6.7.4 Saudi Arabia Electrical System in Ships Market Size, 2018-2029
6.7.5 UAE Electrical System in Ships Market Size, 2018-2029
7 Electrical System in Ships Companies Profiles
7.1 Wartsila
7.1.1 Wartsila Company Summary
7.1.2 Wartsila Business Overview
7.1.3 Wartsila Electrical System in Ships Major Product Offerings
7.1.4 Wartsila Electrical System in Ships Revenue in Global Market (2018-2023)
7.1.5 Wartsila Key News & Latest Developments
7.2 ABB
7.2.1 ABB Company Summary
7.2.2 ABB Business Overview
7.2.3 ABB Electrical System in Ships Major Product Offerings
7.2.4 ABB Electrical System in Ships Revenue in Global Market (2018-2023)
7.2.5 ABB Key News & Latest Developments
7.3 Siemens
7.3.1 Siemens Company Summary
7.3.2 Siemens Business Overview
7.3.3 Siemens Electrical System in Ships Major Product Offerings
7.3.4 Siemens Electrical System in Ships Revenue in Global Market (2018-2023)
7.3.5 Siemens Key News & Latest Developments
7.4 GE
7.4.1 GE Company Summary
7.4.2 GE Business Overview
7.4.3 GE Electrical System in Ships Major Product Offerings
7.4.4 GE Electrical System in Ships Revenue in Global Market (2018-2023)
7.4.5 GE Key News & Latest Developments
7.5 Rolls-Royce
7.5.1 Rolls-Royce Company Summary
7.5.2 Rolls-Royce Business Overview
7.5.3 Rolls-Royce Electrical System in Ships Major Product Offerings
7.5.4 Rolls-Royce Electrical System in Ships Revenue in Global Market (2018-2023)
7.5.5 Rolls-Royce Key News & Latest Developments
7.6 Daihatsu Diesel Mfg
7.6.1 Daihatsu Diesel Mfg Company Summary
7.6.2 Daihatsu Diesel Mfg Business Overview
7.6.3 Daihatsu Diesel Mfg Electrical System in Ships Major Product Offerings
7.6.4 Daihatsu Diesel Mfg Electrical System in Ships Revenue in Global Market (2018-2023)
7.6.5 Daihatsu Diesel Mfg Key News & Latest Developments
7.7 MAN Energy Solutions
7.7.1 MAN Energy Solutions Company Summary
7.7.2 MAN Energy Solutions Business Overview
7.7.3 MAN Energy Solutions Electrical System in Ships Major Product Offerings
7.7.4 MAN Energy Solutions Electrical System in Ships Revenue in Global Market (2018-2023)
7.7.5 MAN Energy Solutions Key News & Latest Developments
7.8 Yanmar
7.8.1 Yanmar Company Summary
7.8.2 Yanmar Business Overview
7.8.3 Yanmar Electrical System in Ships Major Product Offerings
7.8.4 Yanmar Electrical System in Ships Revenue in Global Market (2018-2023)
7.8.5 Yanmar Key News & Latest Developments
7.9 Leonardo DRS
7.9.1 Leonardo DRS Company Summary
7.9.2 Leonardo DRS Business Overview
7.9.3 Leonardo DRS Electrical System in Ships Major Product Offerings
7.9.4 Leonardo DRS Electrical System in Ships Revenue in Global Market (2018-2023)
7.9.5 Leonardo DRS Key News & Latest Developments
7.10 Ingeteam Marine
7.10.1 Ingeteam Marine Company Summary
7.10.2 Ingeteam Marine Business Overview
7.10.3 Ingeteam Marine Electrical System in Ships Major Product Offerings
7.10.4 Ingeteam Marine Electrical System in Ships Revenue in Global Market (2018-2023)
7.10.5 Ingeteam Marine Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Electrical System in Ships Market Opportunities & Trends in Global Market
Table 2. Electrical System in Ships Market Drivers in Global Market
Table 3. Electrical System in Ships Market Restraints in Global Market
Table 4. Key Players of Electrical System in Ships in Global Market
Table 5. Top Electrical System in Ships Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Electrical System in Ships Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Electrical System in Ships Revenue Share by Companies, 2018-2023
Table 8. Global Companies Electrical System in Ships Product Type
Table 9. List of Global Tier 1 Electrical System in Ships Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Electrical System in Ships Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Electrical System in Ships Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Electrical System in Ships Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Electrical System in Ships Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Electrical System in Ships Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Electrical System in Ships Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Electrical System in Ships Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Electrical System in Ships Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Electrical System in Ships Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Electrical System in Ships Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Electrical System in Ships Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Electrical System in Ships Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Electrical System in Ships Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Electrical System in Ships Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Electrical System in Ships Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Electrical System in Ships Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Electrical System in Ships Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Electrical System in Ships Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Electrical System in Ships Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Electrical System in Ships Revenue, (US$, Mn), 2024-2029
Table 30. Wartsila Company Summary
Table 31. Wartsila Electrical System in Ships Product Offerings
Table 32. Wartsila Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 33. Wartsila Key News & Latest Developments
Table 34. ABB Company Summary
Table 35. ABB Electrical System in Ships Product Offerings
Table 36. ABB Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 37. ABB Key News & Latest Developments
Table 38. Siemens Company Summary
Table 39. Siemens Electrical System in Ships Product Offerings
Table 40. Siemens Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 41. Siemens Key News & Latest Developments
Table 42. GE Company Summary
Table 43. GE Electrical System in Ships Product Offerings
Table 44. GE Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 45. GE Key News & Latest Developments
Table 46. Rolls-Royce Company Summary
Table 47. Rolls-Royce Electrical System in Ships Product Offerings
Table 48. Rolls-Royce Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 49. Rolls-Royce Key News & Latest Developments
Table 50. Daihatsu Diesel Mfg Company Summary
Table 51. Daihatsu Diesel Mfg Electrical System in Ships Product Offerings
Table 52. Daihatsu Diesel Mfg Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 53. Daihatsu Diesel Mfg Key News & Latest Developments
Table 54. MAN Energy Solutions Company Summary
Table 55. MAN Energy Solutions Electrical System in Ships Product Offerings
Table 56. MAN Energy Solutions Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 57. MAN Energy Solutions Key News & Latest Developments
Table 58. Yanmar Company Summary
Table 59. Yanmar Electrical System in Ships Product Offerings
Table 60. Yanmar Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 61. Yanmar Key News & Latest Developments
Table 62. Leonardo DRS Company Summary
Table 63. Leonardo DRS Electrical System in Ships Product Offerings
Table 64. Leonardo DRS Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 65. Leonardo DRS Key News & Latest Developments
Table 66. Ingeteam Marine Company Summary
Table 67. Ingeteam Marine Electrical System in Ships Product Offerings
Table 68. Ingeteam Marine Electrical System in Ships Revenue (US$, Mn) & (2018-2023)
Table 69. Ingeteam Marine Key News & Latest Developments
List of Figures
Figure 1. Electrical System in Ships Segment by Type in 2022
Figure 2. Electrical System in Ships Segment by Application in 2022
Figure 3. Global Electrical System in Ships Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Electrical System in Ships Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Electrical System in Ships Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Electrical System in Ships Revenue in 2022
Figure 8. By Type - Global Electrical System in Ships Revenue Market Share, 2018-2029
Figure 9. By Application - Global Electrical System in Ships Revenue Market Share, 2018-2029
Figure 10. By Type - Global Electrical System in Ships Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Electrical System in Ships Revenue Market Share, 2018-2029
Figure 12. By Application - Global Electrical System in Ships Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Electrical System in Ships Revenue Market Share, 2018-2029
Figure 14. By Region - Global Electrical System in Ships Revenue Market Share, 2018-2029
Figure 15. By Country - North America Electrical System in Ships Revenue Market Share, 2018-2029
Figure 16. US Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Electrical System in Ships Revenue Market Share, 2018-2029
Figure 20. Germany Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 21. France Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Electrical System in Ships Revenue Market Share, 2018-2029
Figure 28. China Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 32. India Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Electrical System in Ships Revenue Market Share, 2018-2029
Figure 34. Brazil Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Electrical System in Ships Revenue Market Share, 2018-2029
Figure 37. Turkey Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Electrical System in Ships Revenue, (US$, Mn), 2018-2029
Figure 41. Wartsila Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. ABB Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Siemens Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. GE Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Rolls-Royce Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Daihatsu Diesel Mfg Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. MAN Energy Solutions Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Yanmar Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Leonardo DRS Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Ingeteam Marine Electrical System in Ships Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
