United States Electric Boat Market, Global Outlook and Forecast 2025-2032

The United States electric boat market was valued at US$ 785 million in 2024 and is projected to reach US$ 1.84 billion by 2030, at a CAGR of 15.3% during the forecast period 2024-2030.

Electric boats represent marine vessels powered by electric propulsion systems, including fully electric and hybrid-electric configurations. This category includes various vessel types from recreational boats to water taxis and small commercial craft. Products feature different battery capacities, charging systems, and power management technologies designed for marine applications.
The United States electric boat market demonstrates rapid growth driven by environmental regulations and technological advancement. Recreational vessels represent 65% of market value, growing at 18% annually. The market benefits from increasing focus on sustainable boating. Advanced battery systems show 28% annual growth. Innovation focuses on range extension and charging solutions. The sector shows strong integration with marine charging infrastructure. Distribution maintains strong dealer network focus. The market shows particular strength in coastal regions. Manufacturing efficiency improves through modular design. Research emphasizes battery technology optimization.

This report contains market size and forecasts of Electric Boat in United States, including the following market information:

• United States Electric Boat Market Revenue, 2019-2024, 2025-2032, ($ millions)
• United States Electric Boat Market Sales, 2019-2024, 2025-2032,
• United States Top five Electric Boat companies in 2024 (%)

Report Includes

This report presents an overview of United States market for Electric Boat , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2025, and projections of CAGR through 2032.

This report focuses on the Electric Boat sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Electric Boat market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

• Below 20 ft
• 20-50 ft
• Above 50 ft

Segment by Applications

• Passenger Transportation
• Cargo Transportation
• Recreational
• Others

Key Companies covered in this report:

• General Dynamics Electric Boat
• Huntington Ingalls Industries
• Lockheed Martin
• Metal Shark Boats
• Textron
• Vigor Industrial
• Marinette Marine Corporation
• Derecktor Shipyards
• Mystic Seaport
• Aluminum Chambered Boats
• Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Electric Boat revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)
• Key companies Electric Boat revenues share in United Statesn market, 2024 (%)
• Key companies Electric Boat sales in United Statesn market, 2019-2024 (Estimated),
• Key companies Electric Boat sales share in United Statesn market, 2024 (%)

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Electric Boat Market
• Overview of the regional outlook of the Electric Boat Market

Frequently Asked Questions (FAQs) – U.S. Electric Boat Market (2024-2030)

1. What is the current size of the U.S. electric boat market?

• The U.S. electric boat market was valued at USD 785 million in 2024.

2. What is the projected market size by 2030?

• The market is expected to reach USD 1.85 billion by 2030, growing at a CAGR of 15.3% during the forecast period.

3. What are electric boats?

• Electric boats are watercraft powered by electric propulsion systems, including battery-electric and hybrid-electric technologies, offering a zero-emission and quieter alternative to traditional gasoline or diesel-powered boats.

4. What factors are driving the growth of the U.S. electric boat market?

• Rising environmental concerns and regulations on carbon emissions

• Advancements in battery technology (higher energy density, longer range)

• Government incentives and subsidies for electric and hybrid boats

• Growing adoption of electric propulsion in recreational and commercial boating

• Lower operational and maintenance costs compared to fuel-based boats

5. What are the key trends in the U.S. electric boat market?

• Increased adoption of lithium-ion and solid-state batteries

• Development of high-speed electric boats and hydrofoils

• Growing investments in charging infrastructure at marinas

• Expansion of shared electric boat rental services

• Integration of solar and hybrid energy solutions

Key Reasons to Buy this Report:

• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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