Electric Boats, Small Submarines and Autonomous Underwater Vehicles (AUV) 2014-2024

Summary

The market for electric water craft, including those on and under water, will increase rapidly from $2.6 billion to $6.3 billion in 2023 $7.3 billion in 2024. In addition there is a market for electric outboard motors that will more than triple in value as high power pure electric versions become increasingly viable. There is also a new market for water borne electric aircraft.