Shipboard Power Systems Market to Reach $3.61 Billion by 2034: What’s Driving Growth?
The shipboard power systems market is rapidly evolving, with projections indicating significant growth from $1.78 billion in 2024 to $3.61 billion by 2034, reflecting a 7.33% compound annual growth rate (CAGR). Several key factors are driving this growth, including advancements in electric propulsion, increasing environmental regulations, and the integration of renewable energy. This article will […]