// MARKET TRENDS
Electric marine growth trajectory
The electric boat market is currently in an uptrend, with more than 100 manufacturers actively developing and introducing new solutions, according to Mobility Foresights’ Global Electric Boat Market report.
The Roots Analysis Electric Boat Market Size, Share, Trends & Insights Report found that Europe is currently leading this market, holding over 40 % of the global electric boat market share. This regional dominance is largely attributed to supportive government regulations on marine emissions, which aim to minimize the environmental impact of boats.
JP Mancini, CEO of SeaEO, has seen impressive evolution in the electric power space over the years and predicts continued improvements.
“ There are boats coming out that are really incredible,” he said.“ The foundations have already been laid out for everything, such as the research development, the boat power, the batteries and the technology. Now, all we need is additional technology improvements.”
Agreeing with Mancini is Pollentia’ s Temple, who said that as time goes on, improvements will continue to be made in electric boats.
“ Battery power systems are now more efficient and affordable, motors are more powerful and consumers are much more open to electric,” he said.“ The entire EV sector has matured, and marine is catching up. We’ ve gone from basic retrofits and limited range to purpose-built electric platforms that can compete with gas engines while saving on fuel, maintenance and emissions.”
Consumer education plays a huge part in keeping the momentum going. If boaters understand that battery life and power are increasing, they won’ t be as worried about getting stranded on the water.
“ Consumer interest continues to increase,” said Burnett.“ As consumers become more familiar with the electric options available and their intended applications, electric power will continue to evolve to meet demand.”
OEMs are passionate about not only educating consumers around electric boats, but also about continuing to innovate and bring better boats to life.
“ Our vision is to help build a true global marine charging network, with fast, high-capacity chargers at marinas and ports,” noted Temple.“ At the same time, we want owners to have the ability to charge their boats at home, just like they would an electric car. Flexibility is key. Whether you ' re docked overnight or out on a trip, you shouldn’ t have to worry about where or how long it’ ll take to recharge. Access, speed and scalability are what we’ re pushing to improve.”
www. boatingindustry. com july / august 2025
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