| Product Code: ETC8554814 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The New Zealand market for battery packs for marine hybrid and full electric propulsion saw significant growth in 2024, with imports primarily coming from China, USA, South Korea, Australia, and Poland. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from high to very high in 2024, indicating a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 28.82% from 2020 to 2024 highlights the increasing demand for these products. Moreover, the exceptional growth rate of 65.05% from 2023 to 2024 suggests a rapidly expanding market in New Zealand for battery packs in the marine sector.

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 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Industry Life Cycle |
3.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Porter's Five Forces |
3.5 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
3.8 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Others, 2021 & 2031F |
4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable and environmentally friendly transportation solutions |
4.2.2 Government initiatives and regulations promoting the adoption of electric propulsion in the marine industry |
4.2.3 Technological advancements leading to improved battery performance and efficiency |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing battery packs for marine applications |
4.3.2 Limited infrastructure for charging and servicing battery packs in marine environments |
4.3.3 Concerns regarding the range and reliability of battery packs for long-distance marine travel |
5 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Trends |
6 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Types |
6.1 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Power Rating, 2021- 2031F |
6.1.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Up to 1 MW, 2021- 2031F |
6.1.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.5 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.6 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 3.5 MW, 2021- 2031F |
6.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Hybrid Propulsion, 2021- 2031F |
6.2.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Full Electric Propulsion, 2021- 2031F |
6.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Vessel Type |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Tugboats & OSVs, 2021- 2031F |
6.3.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Ferries, 2021- 2031F |
6.3.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Defense Vessels, 2021- 2031F |
6.3.5 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Yachts, 2021- 2031F |
6.3.6 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Cruise Ships, 2021- 2031F |
6.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Others |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 0RPM 1,000 RPM, 2021- 2031F |
6.4.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1,001 RPM 2,500 RPM, 2021- 2031F |
6.4.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 2,500 RPM, 2021- 2031F |
7 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Import-Export Trade Statistics |
7.1 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Export to Major Countries |
7.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Imports from Major Countries |
8 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Key Performance Indicators |
8.1 Average battery lifespan in marine applications |
8.2 Efficiency improvement rate of battery packs over time |
8.3 Number of new product innovations and developments in the battery pack market for marine propulsion |
9 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Opportunity Assessment |
9.1 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
9.4 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Others, 2021 & 2031F |
10 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Competitive Landscape |
10.1 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Battery Pack for Marine Hybrid & Full Electric Propulsion Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |