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Global Shore Power Market Size study with COVID-19 impact, by Installation (Shoreside and shipside), Connection (New installation and retrofit), by Component (Transformer, Switchgear, Frequency converter, Cables & accessories and Other) and Regional Forecasts 2020-2027

ID : 56979 Date : Jul 2020 Pages : 200 Pages Publisher : BRCLLP Industry : Energy nd Power

Global Shore Power Market is valued approximately at USD 1.40 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 13.3% over the forecast period 2020-2027. Shore power is also known as cold-ironing or alternative marine power. It is a process where electrical power is delivered to a ship from the shore while it is docked. The source power enables auxiliary engines of ships to be turned off which thereby significantly reduces the fuel cost. The increasing number of cruise liners in the shipping industries coupled with growing number of ocean cruise passengers is the factor driving the growth of market over the forecast years. For instance: as per Cruise Lines International Association, Inc., the number of ocean cruise passengers accounts for 26.7million in 2017 which is increased to 28.2 million till 2018 globally. Whereas, the global spread of COVID-19 unfavorably affected the growth of market due to announcement of lockdown in various economies. Lockdown were framed with for prevention of people from corona virus to spread through trade and travel in foreign countries. Therefore, market growth will be slightly challenged due to the COVID-19 global pandemic. Moreover, the market is presence of supportive government regarding reduction of greenhouse gas emission from ports is creating a lucrative opportunity for the market growth. However, high installation and maintenance cost of shore power is hampering the market growth.

The regional analysis of global Shore Power market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the implementation of shore power reduce low-frequency noise and emission at ports. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing number of cruise liners in the shipping industry would create lucrative growth prospects for the Shore Power market across Asia-Pacific region.

Major market player included in this report are:
Schneider Electric
ESL Power Systems
Blueday Technology
Cochran Marine
VINCI Energies
AC Power corp

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Installation:

By Connection:
New installation

By Component:
Frequency converter
Cables & accessories

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Shore Power Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Billion
1.2.1. Shore power Market, by Region, 2018-2027 USD Billion
1.2.2. Shore power Market, by Installation, 2018-2027 USD Billion
1.2.3. Shore power Market, by Connection, 2018-2027 USD Billion
1.2.4. Shore power Market, by Component, 2018-2027 USD Billion
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Shore power Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Shore power Market Dynamics
3.1. Shore power Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Shore power Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Shore power Market, by Installation
5.1. Market Snapshot
5.2. Global Shore power Market by Installation, Performance - Potential Analysis
5.3. Global Shore power Market Estimates & Forecasts by Installation 2017-2027 USD Billion
5.4. Shore power Market, Sub Segment Analysis
5.4.1. Shoreside
5.4.2. Shipside
Chapter 6. Global Shore power Market, by Connection
6.1. Market Snapshot
6.2. Global Shore power Market by Connection, Performance - Potential Analysis
6.3. Global Shore power Market Estimates & Forecasts by Connection 2017-2027 USD Billion
6.4. Shore power Market, Sub Segment Analysis
6.4.1. New installation
6.4.2. Retrofit
Chapter 7. Global Shore power Market, by Component
7.1. Market Snapshot
7.2. Global Shore power Market by Component, Performance - Potential Analysis
7.3. Global Shore power Market Estimates & Forecasts by Component 2017-2027 USD Billion
7.4. Shore power Market, Sub Segment Analysis
7.4.1. Transformer
7.4.2. Switchgear
7.4.3. Frequency converter
7.4.4. Cables & accessories
7.4.5. Others
Chapter 8. Global Shore power Market, Regional Analysis
8.1. Shore power Market, Regional Market Snapshot
8.2. North America Shore power Market
8.2.1. U.S. Shore power Market Installation breakdown estimates & forecasts, 2017-2027 Connection breakdown estimates & forecasts, 2017-2027 Component breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Shore power Market
8.3. Europe Shore power Market Snapshot
8.3.1. U.K. Shore power Market
8.3.2. Germany Shore power Market
8.3.3. France Shore power Market
8.3.4. Spain Shore power Market
8.3.5. Italy Shore power Market
8.3.6. Rest of Europe Shore power Market
8.4. Asia-Pacific Shore power Market Snapshot
8.4.1. China Shore power Market
8.4.2. India Shore power Market
8.4.3. Japan Shore power Market
8.4.4. Australia Shore power Market
8.4.5. South Korea Shore power Market
8.4.6. Rest of Asia Pacific Shore power Market
8.5. Latin America Shore power Market Snapshot
8.5.1. Brazil Shore power Market
8.5.2. Mexico Shore power Market
8.6. Rest of The World Shore Power Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. ABB Key Information Overview Financial Subject to Data Availability Product Summary Recent Developments
9.2.2. Siemens
9.2.3. Schneider Electric
9.2.4. Cavotec
9.2.5. ESL Power Systems
9.2.6. Smartplug
9.2.7. Blueday Technology
9.2.8. Cochran Marine
9.2.9. Vinci Energies
9.2.10. AC Power corp.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
FIG 1. Global Shore power market, research methodology
FIG 2. Global Shore power market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Shore power market, key trends 2019
FIG 5. Global Shore power market, growth prospects 2020-2027
FIG 6. Global Shore power market, porters 5 force model
FIG 7. Global Shore power market, pest analysis
FIG 8. Global Shore power market, value chain analysis
FIG 9. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 10. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 11. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 12. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 13. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 14. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 15. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 16. Global Shore power market by segment, 2017 & 2027 USD Billion
FIG 17. Global Shore power market, regional snapshot 2017 & 2027
FIG 18. North America Shore power market 2017 & 2027 USD Billion
FIG 19. Europe Shore power market 2017 & 2027 USD Billion
FIG 20. Asia Pacific Shore power market 2017 & 2027 USD Billion
FIG 21. Latin America Shore power market 2017 & 2027 USD Billion
FIG 22. Global Shore power market, company market share analysis 2019



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