Marine Battery Market 2029 By Trends, Share, Growth and Demand Forecast
Increasing adoption of electric & hybrid boats for recreational and commercial purposes and government initiatives promoting clean energy solutions in the maritime sector are likely to drive the Market in the forecast period. According to TechSci Research report, “ Marine Battery Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, the Global Marine Battery Market is experiencing a surge in demand in the forecast period. One of the primary drivers propelling the global marine battery market is the implementation of stringent environmental regulations and ambitious emission reduction goals in the maritime industry. Governments worldwide are increasingly mandating stricter limits on greenhouse gas emissions and pollutants from ships to mitigate the environmental impact of maritime transportation. In response to regulations such as the International Maritime Organization's (IMO) sulfur cap and decarbonization targets, the maritime sector...