| Product Code: ETC5850433 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Israel`s marine battery import shipments in 2024 saw significant imports from top countries including Greece, China, Italy, USA, and Germany. The market remained competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 6.87%, indicating a growing market. However, there was a slight dip in the growth rate from 2023 to 2024 at -2.88%, suggesting a potential slowdown in the short term. Overall, the import landscape for marine batteries in Israel is dynamic and evolving.
The marine battery market in Israel focuses on batteries designed for marine vessels, boats, and yachts, providing power for propulsion, onboard systems, and auxiliary equipment. Marine batteries come in various types such as lead-acid, lithium-ion, and advanced energy storage solutions, supporting the electrification and sustainability of maritime transportation.
The marine battery market in Israel is propelled by factors such as the growing demand for electric propulsion systems, stricter environmental regulations, and the increasing adoption of hybrid and electric vessels. Marine batteries, essential for powering electric propulsion systems and onboard electronics, witness increasing usage in ships, boats, and marine equipment. Moreover, the rising focus on reducing carbon emissions and enhancing fuel efficiency drives the adoption of energy storage solutions in the maritime industry. Additionally, advancements in battery technology, including lithium-ion and hydrogen fuel cells, further stimulate market growth in Israel.
The Israel Marine Battery market grapples with challenges associated with technology maturity, cost competitiveness, and regulatory compliance. Intense competition from conventional fuel systems, limited infrastructure, and safety concerns pose hurdles to market adoption, necessitating collaborative efforts among industry stakeholders to drive innovation, standardization, and market acceptance of marine battery technologies.
The Israel government supports the marine battery market through policies that promote sustainable marine technologies. Funding is available for research and development of advanced marine batteries that offer improved performance and environmental benefits. Regulations ensure that marine batteries used in vessels meet high safety and environmental standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Israel Marine Battery Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Marine Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Marine Battery Market - Industry Life Cycle |
3.4 Israel Marine Battery Market - Porter's Five Forces |
3.5 Israel Marine Battery Market Revenues & Volume Share, By Ship Type, 2021 & 2031F |
3.6 Israel Marine Battery Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Israel Marine Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean energy solutions in the marine industry |
4.2.2 Government initiatives promoting the adoption of electric propulsion systems in marine vessels |
4.2.3 Growing focus on reducing carbon emissions and enhancing energy efficiency in maritime operations |
4.3 Market Restraints |
4.3.1 High initial costs associated with marine battery systems |
4.3.2 Limited charging infrastructure for marine batteries |
4.3.3 Challenges related to the disposal and recycling of marine batteries |
5 Israel Marine Battery Market Trends |
6 Israel Marine Battery Market Segmentations |
6.1 Israel Marine Battery Market, By Ship Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Marine Battery Market Revenues & Volume, By Commercial, 2021-2031F |
6.1.3 Israel Marine Battery Market Revenues & Volume, By Defense, 2021-2031F |
6.1.4 Israel Marine Battery Market Revenues & Volume, By Unmanned, 2021-2031F |
6.2 Israel Marine Battery Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Israel Marine Battery Market Revenues & Volume, By OEM, 2021-2031F |
6.2.3 Israel Marine Battery Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Israel Marine Battery Market Import-Export Trade Statistics |
7.1 Israel Marine Battery Market Export to Major Countries |
7.2 Israel Marine Battery Market Imports from Major Countries |
8 Israel Marine Battery Market Key Performance Indicators |
8.1 Average utilization rate of marine battery capacity |
8.2 Number of new electric marine vessel registrations |
8.3 Energy efficiency improvements in marine operations |
8.4 Adoption rate of sustainable marine battery technologies |
8.5 Research and development investment in marine battery technology |
9 Israel Marine Battery Market - Opportunity Assessment |
9.1 Israel Marine Battery Market Opportunity Assessment, By Ship Type, 2021 & 2031F |
9.2 Israel Marine Battery Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Israel Marine Battery Market - Competitive Landscape |
10.1 Israel Marine Battery Market Revenue Share, By Companies, 2024 |
10.2 Israel Marine Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |