| Product Code: ETC8922524 | 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 Republic of Macedonia continues to see a significant rise in imports of battery packs for marine hybrid and full electric propulsion systems, with top exporting countries such as Slovenia, Bulgaria, China, Vietnam, and Germany leading the way in 2024. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 52.97%, with a notable growth rate spike of 76.83% from 2023 to 2024, showcasing the increasing demand and market potential in the marine hybrid and electric propulsion sector in North Macedonia.

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 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Industry Life Cycle |
3.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Porter's Five Forces |
3.5 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
3.8 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Others, 2021 & 2031F |
4 Republic of Macedonia 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 incentives and regulations promoting the adoption of electric propulsion systems |
4.2.3 Growing demand for energy-efficient marine vessels |
4.3 Market Restraints |
4.3.1 High initial investment costs for battery packs and electric propulsion systems |
4.3.2 Limited availability of charging infrastructure for marine electric vehicles |
4.3.3 Technological limitations in battery energy density and longevity |
5 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Trends |
6 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Types |
6.1 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Power Rating, 2021- 2031F |
6.1.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Up to 1 MW, 2021- 2031F |
6.1.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.5 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.6 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 3.5 MW, 2021- 2031F |
6.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Hybrid Propulsion, 2021- 2031F |
6.2.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Full Electric Propulsion, 2021- 2031F |
6.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Vessel Type |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Tugboats & OSVs, 2021- 2031F |
6.3.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Ferries, 2021- 2031F |
6.3.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Defense Vessels, 2021- 2031F |
6.3.5 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Yachts, 2021- 2031F |
6.3.6 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Cruise Ships, 2021- 2031F |
6.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Others |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 0RPM 1,000 RPM, 2021- 2031F |
6.4.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1,001 RPM 2,500 RPM, 2021- 2031F |
6.4.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 2,500 RPM, 2021- 2031F |
7 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Export to Major Countries |
7.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Imports from Major Countries |
8 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Key Performance Indicators |
8.1 Average battery pack capacity per marine vessel |
8.2 Number of new electric propulsion system installations in marine vessels |
8.3 Percentage of marine vessels using battery packs for propulsion |
8.4 Average distance covered by marine vessels on a single battery charge |
9 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Opportunity Assessment |
9.1 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
9.4 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Others, 2021 & 2031F |
10 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Competitive Landscape |
10.1 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Battery Pack for Marine Hybrid & Full Electric Propulsion Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |