-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to the latest report by Markets and Markets, the global shore power market will grow from $1.
4 billion in 2019 to $2.
7 billion by 2024, with a compound annual growth rate of 13.
3%
during the period.
The report cited the reduction in low-frequency noise and emissions in ports, the increasing number of cruise ships in shipping, and the increasing demand for shore power system retrofitting as the major factors
contributing to the steady growth of this market.
According to the report, the coastal market will be the largest segment during the forecast period, mainly due to the shore shore power system allowing ships to shut down their main engines and connect to the grid when berthed, and the shore power connection can effectively reduce air pollution emissions and noise from port ships, thereby improving the environment and increasing the health rights
of nearby residents.
During the forecast period, the retrofit segment is expected to be the fastest growing shore power market
.
Traditionally, only small vessels, such as yacht ferries and other small boats, could install shore power systems
.
However, in the early 2000s, the shipping industry witnessed a dramatic increase
in the number of large vessels.
The increase in the number of large ships has led to an increase in CO2 and NOx emissions, which in turn has affected the surrounding environment
of the port.
This ecological impact has led to the adoption of modified shore power systems
on each vessel.
From the perspective of regional market, the Asia-Pacific region is estimated to dominate the global shore power market
during the forecast period.
Due to the increase in the maritime industry, stringent emission regulations, and growing concerns about local air pollution, Asia-Pacific ports are focusing more on sustainability
.
From the perspective of technology suppliers, Siemens of Germany, Wärtsilä of Finland, ABB of Switzerland, Schneider Electric of France and Cavotec of Switzerland will become the world's leading solution providers
for the shore power market.
According to the latest report by Markets and Markets, the global shore power market will grow from $1.
4 billion in 2019 to $2.
7 billion by 2024, with a compound annual growth rate of 13.
3%
during the period.
The report cited the reduction in low-frequency noise and emissions in ports, the increasing number of cruise ships in shipping, and the increasing demand for shore power system retrofitting as the major factors
contributing to the steady growth of this market.
According to the report, the coastal market will be the largest segment during the forecast period, mainly due to the shore shore power system allowing ships to shut down their main engines and connect to the grid when berthed, and the shore power connection can effectively reduce air pollution emissions and noise from port ships, thereby improving the environment and increasing the health rights
of nearby residents.
During the forecast period, the retrofit segment is expected to be the fastest growing shore power market
.
Traditionally, only small vessels, such as yacht ferries and other small boats, could install shore power systems
.
However, in the early 2000s, the shipping industry witnessed a dramatic increase
in the number of large vessels.
The increase in the number of large ships has led to an increase in CO2 and NOx emissions, which in turn has affected the surrounding environment
of the port.
This ecological impact has led to the adoption of modified shore power systems
on each vessel.
From the perspective of regional market, the Asia-Pacific region is estimated to dominate the global shore power market
during the forecast period.
Due to the increase in the maritime industry, stringent emission regulations, and growing concerns about local air pollution, Asia-Pacific ports are focusing more on sustainability
.
From the perspective of technology suppliers, Siemens of Germany, Wärtsilä of Finland, ABB of Switzerland, Schneider Electric of France and Cavotec of Switzerland will become the world's leading solution providers
for the shore power market.
