Marine Vessel Energy Efficiency Market, by Product Type (Hardware systems, and Software & Sensors), by Application (Passenger Ships & Ferries, Dry Cargo Vessels, Service Vessels, Fishing Vessels, Dry Bulk Carriers, Off-Shore Vessels, Yachts, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
Major companies operating in the global marine vessel energy efficiency market include ABB Group, Bureau Veritas, Siemens, Schneider Electric, GreenSteam, PowerCell Sweden, Marorka, Haldor Topsoe, Eniram, Equinor ASA, Hyundai Heavy Industries, Norsepower, and Blended Fuel Solutions
Rising number of partnerships among companies to reduce overall carbon emissions during the supply chain process are expected to facilitate the market growth over the forecast period. For instance, in January 2020, Equinor, a Norway-based multinational energy company, announced its partnership with Eidesvik Offshore, a supply and shipping company. The aim of this partnership is to modify the supply vessel, Viking Energy, and make it the world’s first fully carbon-free, ammonia fuelled supply vessel.