Global Electric Boat Market Size & Outlook, 2025-2030
Global electric boat market, 2018-2030 (US$M)
Global electric boat market highlights
- The global electric boat market generated a revenue of USD 6,780.2 million in 2024 and is expected to reach USD 14,091.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 13.5% by 2030.
- In terms of segment, leisure boats accounted for a revenue of USD 7,492.1 million in 2024.
- Leisure Boats is the most lucrative boat type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 6,780.2 million |
| Market revenue in 2030 | USD 14,091.1 million |
| Growth rate | 13.5% (CAGR from 2025 to 2030) |
| Largest segment | Leisure boats |
| Fastest growing segment | Leisure Boats |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leisure Boats |
Other key industry trends
- In terms of revenue, the North America accounted for 46.8% of the global electric boat market in 2024.
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Electric Boat Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pure Watercraft | View profile | 51-100 | Seattle, Washington, United States, North America | http://www.purewatercraft.com |
| Frauscher Sensor Technology | View profile | 501-1000 | Sankt Marienkirchen, Oberosterreich, Austria, Europe | http://www.frauscher.com/ |
| Electracraft | View profile | 11-50 | Westlake Village, California, United States, North America | http://www.electracraft.com |
| SV Business Group | View profile | 11-50 | Vancouver, British Columbia, Canada, North America | https://www.svbg.ca |
| RAND Boats | View profile | 11-50 | Copenhagen, Hovedstaden, Denmark, Europe | https://randboats.com/ |
| Duffy Electric Boats | View profile | 11-50 | Adelanto, California, United States, North America | http://www.duffyboats.com |
| Vision Marine Technologies | View profile | 11-50 | Boisbriand, Quebec, Canada, North America | https://visionmarinetechnologies.com/ |
| Volvo Penta | View profile | 1001-5000 | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.volvopenta.com |
| X Shore | View profile | 51-100 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.xshore.com |
| Yamaha Motor Co Ltd | View profile | 65477 | 2500, Shingai, Iwata, Shizuoka, Japan, 438-8501 | http://www.yamaha-motor.co.jp |
Global electric boat market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric boat market will help companies and investors design strategic landscapes.
Leisure boats was the largest segment with a revenue share of 110.5% in 2024. Horizon Databook has segmented the Global electric boat market based on leisure boats covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Electric Boat Boat Type Outlook (Revenue, USD Million, 2018-2030)
- Leisure Boats
- Fishing Boats
- Pontoon & Deck Boats
- Yachts & Cruisers
- Commercial & Utility Boats
- Global Electric Boat Propulsion Type Outlook (Revenue, USD Million, 2018-2030)
- Outboard Electric Propulsion
- Inboard Electric Propulsion
- Hybrid Propulsion
- Solar-Integrated Systems
- Global Electric Boat Battery Type Outlook (Revenue, USD Million, 2018-2030)
- Lithium-ion Batteries
- Lead-acid Batteries
- Other Advanced Chemistries
- Global Electric Boat Power Source Outlook (Revenue, USD Million, 2018-2030)
- <10 kW
- 10–50 kW
- 50–150 kW
- >150 kW
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Target buyers of Global electric boat market databook
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Our clientele includes a mix of electric boat market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global electric boat market , including forecasts for subscribers. This global databook contains high-level insights into Global electric boat market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global electric boat market size, by regions, 2018-2030 (US$M)
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