Shore Power Market Overview

The global shore power market is a rapidly growing industry that offers a sustainable solution for reducing greenhouse gas emissions from ships while they are docked at ports. Shore power systems provide vessels with an alternative to using their onboard diesel generators, which emit harmful pollutants and contribute to air pollution. 

Shore Power Market Dynamics

Marine power plants have emerged as a sustainable and eco-friendly solution for docked or dry-docked ships, allowing them to utilize shore power while disabling their auxiliary engines to power onboard electrical systems, including lighting, ventilation, cargo pumps, communications and other critical equipment.

Marine power plants are a sustainable and eco-friendly alternative to traditional diesel generators for docked or dry-docked ships. They allow ships to connect to shore power while disabling their auxiliary engines, which reduces emissions and improves air quality. Marine power plants also reduce noise levels, which is beneficial for marine life and for people living near ports.

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In addition to being more sustainable, marine power plants can also save ships money. The cost of diesel fuel is volatile and can fluctuate significantly, while the cost of electricity is relatively stable. This means that ships that use marine power plants can lock in a fixed price for their energy costs, which can help them to budget more effectively.

Shore Power Market Segment Analysis

By Component

• Cable & Accessories
• Frequency Converter
• Transformer
• Switchgear
• Others

By Installation

• Shipside
• Shoreside

By Power Output

• Upto 30 MVA
• Above 30 MVA

By Connection

• Retrofit
• New Installation

By Region

• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

Major Companies Covered

ESL Power Systems, Schneider Electric, Smartplug, Blueday Technology, ABB Ltd., Cochran Marine, Vinci Energies, Cavotec, IGUS and Siemens AG.

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