Marine Electric Vehicles 2012-2022
Those making electric vehicles or their components seek to expand their business. To dothis, they need to look beyond the oversupplied on-road sector. Marine electric vehicles areinteresting as a market that is more profitable and often more open to innovation. However,until now, there has been no report assessing this substantial market sector. No longer. Thisis the world's first comprehensive report on marine electric vehicles with latest ten yearforecasts and important new projects such as submarines that will fly.
Large military business will be overtaken
The rapidly growing $2.3 billion market for marine electric vehicles is unusually varied. Itincludes on-water and underwater electric vehicles for inland waterways and the sea.Military electric craft dominate in market value today, despite the fact that IDTechExexcludes electrically propelled ordnance, such as torpedoes, and tethered vehicles from thisreport. Civil marine electric vehicles will constitute the largest marine electric vehicle marketby value.
Often the first to innovate
Certain marine electric craft are ahead of land and air electric vehicles in variously usinglithium-ion traction batteries with greatest energy storage, the latest CIGS flexible solarcells (predecessor of multilayer smart skin explained in the text) and in being deployed foryears at a time without human intervention. For example, only boats carry up to 150 peopleon solar power alone. Only seagoing "glider" Autonomous Underwater Vehicles AUVs aredeployed for years without human intervention, coming to the surface when necessary toharvest electric power from both waves and sun.
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On the other hand, the report shows where designers of electric marine craft can learn fromnon-marine vehicles that are ahead in certain other respects. Examples include use of thirdgeneration battery technologies in electric aircraft and gas turbine range extenders inleading buses and supercars. Then there is the harvesting of the heat of the conventionalengine in a hybrid car to produce electricity - expected soon. There needs to be much more