Shore Power Market expected to reach $4.45 billion by 2027 growing at a CAGR of 15.3% | Top Companies - ABB, Blueday Technology, Cavotec, Cochran Marine, Danfoss, ESL Power Systems, GE

Global Shore Power Market is accounted for $1.24 billion in 2018 and is expected to reach $4.45 billion by 2027 growing at a CAGR of 15.3% during the forecast period. The rising number of cruise liners in the shipping industry, setting up of retrofit shore power systems, and execution of shore power reduces low-frequency noise and emissions at ports are the major factors driving the market growth. However, high costs for installation and maintenance may hinder the growth of the market.

Shore power is the provision of shoreside electrical power to a ship at berth while its main and auxiliary engines are shut down. Shore power saves consumption of fuel that would otherwise be used to power vessels while in port and eliminates the air pollution associated with consumption of that fuel.

Top Companies Covered in this Report:
ABB, Blueday Technology, Cavotec, Cochran Marine, Danfoss, ESL Power Systems, GE, IGUS, Preen, Schneider Electric, Siemens, Smartplug, Vinci Energies, and W?rtsil?

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The "Global Shore Power Market" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of Shore Power market with detailed market segmentation by mounting location, vehicle type and geography. The global Shore Power market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Shore Power market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Shore Power market based on various segments.

The report analyzes factors affecting Shore Power market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Shore Power market in these regions.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type       
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Shore Power Market Size
2.2 Shore Power Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Shore Power Market Size by Manufacturers
3.2 Shore Power Key Players Head office and Area Served
3.3 Key Players Shore Power Product/Solution/Service
3.4 Date of Enter into Shore Power Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Shore Power Sales by Product
4.2 Global Shore Power Revenue by Product
4.3 Shore Power Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Shore Power Breakdown Data by End User

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This release was published on openPR.