| Product Code: ETC9073934 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2023, Saint Vincent and the Grenadines continued to rely on imports of battery packs for marine hybrid & full electric propulsion, with top exporters being the United States, China, Philippines, Vietnam, and the United Kingdom. However, the market faced challenges with a high concentration of market share held by a few key players, as reflected by the high HHI. The industry experienced a significant decline, with a negative CAGR of -16.52% and a growth rate of -53.52%. This underscores the need for strategic interventions to stimulate market recovery and growth in the coming years.
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 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Vessel Type, 2021 & 2031F |
3.8 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume Share, By Others, 2021 & 2031F |
4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on environmental sustainability and regulations promoting cleaner propulsion technologies in the maritime industry |
4.2.2 Growing demand for energy-efficient and cost-effective marine propulsion systems |
4.2.3 Technological advancements leading to enhanced performance and reliability of battery packs for marine applications |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with adopting battery packs for marine hybrid and full electric propulsion systems |
4.3.2 Limited infrastructure for charging and maintaining battery packs in Saint Vincent and the Grenadines |
4.3.3 Challenges related to the integration and compatibility of battery packs with existing marine vessels |
5 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Trends |
6 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Types |
6.1 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Power Rating, 2021- 2031F |
6.1.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Up to 1 MW, 2021- 2031F |
6.1.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.5 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1.1 MW 2 MW, 2021- 2031F |
6.1.6 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 3.5 MW, 2021- 2031F |
6.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Hybrid Propulsion, 2021- 2031F |
6.2.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Full Electric Propulsion, 2021- 2031F |
6.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Vessel Type |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Tugboats & OSVs, 2021- 2031F |
6.3.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Ferries, 2021- 2031F |
6.3.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Defense Vessels, 2021- 2031F |
6.3.5 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Yachts, 2021- 2031F |
6.3.6 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Cruise Ships, 2021- 2031F |
6.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market, By Others |
6.4.1 Overview and Analysis |
6.4.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 0RPM 1,000 RPM, 2021- 2031F |
6.4.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By 1,001 RPM 2,500 RPM, 2021- 2031F |
6.4.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenues & Volume, By Above 2,500 RPM, 2021- 2031F |
7 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Key Performance Indicators |
8.1 Average cost reduction per kilowatt-hour of battery pack technology over time |
8.2 Number of charging stations for marine battery packs installed in Saint Vincent and the Grenadines |
8.3 Efficiency improvement in battery pack technology for marine applications over specified periods |
9 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Vessel Type, 2021 & 2031F |
9.4 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Opportunity Assessment, By Others, 2021 & 2031F |
10 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Battery Pack for Marine Hybrid & Full Electric Propulsion Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |