封面
市场调查报告书
商品编码
1681008

风力辅助推进市场 - 全球和区域分析:按应用、技术、安装类型、船舶类型、国家和地区 - 分析和预测(2024-2034 年)

Wind-Assisted Propulsion Market - A Global and Regional Analysis: Focus on Application, Technology, Installation Type, Vessel Type and Country-Level and Regional Analysis - Analysis and Forecast, 2024-2034

出版日期: | 出版商: BIS Research | 英文 133 Pages | 商品交期: 1-5个工作天内

价格

风力辅助推进市场规模预计到 2024 年将达到 1.6405 亿美元。

预计到 2034 年市场规模将达到 404.7962 亿美元,复合年增长率为 73.47%。由于对永续海洋解决方案的需求不断增加以及对环境影响的认识不断提高,市场正在成长。风力推进技术的创新、效率和性能的进步以及严格的环境法规正在推动这一增长。产业伙伴关係和监管变化正在进一步塑造市场,重点是环保航运实践和可靠、高性能係统的开发。随着对永续航运解决方案的需求不断增加,市场随着技术进步和对环境永续性的关注而不断发展,为航运业更绿色的未来做出贡献。

主要市场统计数据
预测期 2024-2034
2024 年评估 1.6405亿美元
2034 年预测 40,479,620,000美元
复合年增长率 73.47%

风力推进是指利用风力发电推动船舶,从而减少对传统燃料源的依赖。这项创新技术利用风力提供额外的推力,提高燃油效率并减少二氧化碳排放。风助推进可以透过多种技术实现,包括机翼、旋翼、风筝和固体帆,并涉及捕获风力发电来补充船舶发动机的功率。随着航运业寻求满足严格的环境法规并减少其碳排放,风力推进的引入标誌着实现永续海上运输的重要一步。该技术不仅有助于透过降低燃料消费量来降低营运成本,而且还在产业减少温室气体排放和遵守国际海事组织 (IMO) 等国际永续性目标的努力中发挥关键作用。

随着航运业越来越重视减少对环境影响的永续解决方案,风力辅助推进市场正获得发展动力。风力推进利用可再生风力发电来补充传统引擎的动力,有助于减少船舶的燃料消费量和排放。由于航运业面临遵守更严格的环境法规和为全球应对气候变迁做出贡献的压力,采用风力推进技术已变得至关重要。这些系统包括翼帆、旋翼帆和风筝,具有提高燃油效率并减少对石化燃料依赖的显着优势。由于对环保航运解决方案的需求以及产业为实现永续性目标所做的努力,市场正在不断增长。随着法规环境变得更加严格以及人们对环保航运意识的增强,风力辅助推进市场预计将见证显着增长,这得益于技术进步和对永续航运实践日益增长的偏好。

本报告研究了全球风力辅助推进市场,并概述了市场状况以及按应用、技术、安装类型、船舶类型、国家和地区分類的趋势,以及参与市场的公司概况。

目录

执行摘要

第一章 市场

  • 风力辅助推广市场:现况与未来
  • 供应链概览
  • 研发回顾
  • 风力辅助推广市场生态系统
  • 风力推动的经济影响。
  • 市场动态:概览
  • Start-Ups概况

第 2 章 用途

  • 使用摘要
  • 风电辅助推展市场(依应用)

第三章 产品

  • 产品摘要
  • 风力辅助推进市场(按技术)
  • 风力辅助推进市场(依安装类型)
  • 风力辅助推进市场(按船舶类型)

第四章 区域

  • 风电辅助推进市场(按地区)
  • 北美洲
  • 欧洲
  • 亚太地区
  • 其他地区

第五章 市场竞争基准化分析与公司概况

  • 未来展望
  • 公司简介
    • Norsepower
    • bound4blue
    • Eco Marine Power Co. Ltd.
    • Econowind
    • Anemoi Marine Technologies Ltd.
    • Airseas
    • GT Green Technologies
    • Becker Marine Systems
    • Propelwind SAS
    • NayamWings Ltd.
    • SkySails Marine
    • DNV
    • Mitsui OSK Lines
    • OCEANBIRD
    • Aloft Systems Inc.

第六章调查方法

Product Code: MCN1448SB

Wind-Assisted Propulsion Market Overview

The wind-assisted propulsion market was valued at $164.05 million in 2024, and it is expected to grow at a CAGR of 73.47%, reaching $40,479.62 million by 2034. The market is expanding due to increasing demand for sustainable maritime solutions and growing awareness of environmental impacts. Innovations in wind propulsion technologies, advancements in efficiency and performance, and stringent environmental regulations are driving this growth. Industry partnerships and regulatory changes further shape the market, focusing on eco-friendly shipping practices and the development of reliable, high-performance systems. As the demand for sustainable shipping solutions rises, the market continues to evolve with a focus on technological advancements and environmental sustainability, contributing to a greener future for the maritime industry.

Introduction of Wind-Assisted Propulsion

KEY MARKET STATISTICS
Forecast Period2024 - 2034
2024 Evaluation$164.05 Million
2034 Forecast$40,479.62 Million
CAGR73.47%

Wind-assisted propulsion refers to the use of wind energy to help propel ships, reducing their reliance on conventional fuel sources. This innovative technology harnesses the power of the wind to provide additional thrust, thereby improving fuel efficiency and reducing carbon emissions. Wind-assisted propulsion can be implemented using various technologies, such as wings, rotors, kites, or solid sails, which capture wind energy to supplement the vessel's engine power. The introduction of wind-assisted propulsion marks a significant step toward achieving sustainable maritime transportation as the shipping industry seeks to meet stringent environmental regulations and reduce its carbon footprint. The technology not only helps cut down on operational costs by lowering fuel consumption, but it also plays a vital role in the industry's efforts to reduce greenhouse gas emissions and comply with international sustainability goals, such as those set by the International Maritime Organization (IMO).

Market Introduction

The wind-assisted propulsion market is gaining momentum as the shipping industry increasingly focuses on sustainable solutions to reduce its environmental impact. Wind-assisted propulsion uses renewable wind energy to supplement traditional engine power, helping vessels reduce fuel consumption and lower emissions. With the maritime sector facing growing pressure to comply with stricter environmental regulations and contribute to global efforts against climate change, the adoption of wind-assisted propulsion technologies is becoming essential. These systems, including wing sails, rotor sails, and kites, offer significant benefits in reducing the reliance on fossil fuels while enhancing fuel efficiency. The market is expanding due to the demand for eco-friendly shipping solutions and the industry's commitment to achieving sustainability targets. As the regulatory environment becomes more stringent and awareness of green shipping grows, the wind-assisted propulsion market is set to experience substantial growth, fueled by technological advancements and the increasing push for sustainable maritime practices.

Industrial Impact

The wind-assisted propulsion market significantly impacts various sectors, including environmental sustainability, shipping operations, and regulatory compliance. Innovations in wind-assisted propulsion technologies, such as wing sails, rotor sails, and kites, have improved the efficiency of vessels, driving advancements that reduce fuel consumption and lower emissions. These innovations foster collaborations between technology developers, shipping companies, and regulatory bodies, elevating industry standards and pushing the boundaries of research and development. The growing emphasis on sustainable shipping practices aligns with global environmental and health goals, influencing broader maritime industry practices and encouraging stricter regulations. As the global maritime sector increasingly seeks solutions to meet international emission targets, the wind-assisted propulsion market plays a critical role in advancing eco-friendly shipping. Key players in this market, such as Norsepower, Eco Marine Power, Anemoi Marine Technologies, and Airseas, are forging partnerships, collaborations, and technological innovations to expand their market presence and provide efficient, sustainable solutions for the shipping industry. These companies focus on improving the scalability of wind-assisted propulsion technologies, ensuring their widespread adoption and contributing to the transition to greener maritime transport.

Market Segmentation:

Segmentation 1: by Application

  • Cargo Ships
  • Passenger Ships
  • Fishing Vessels
  • Bulk Carriers

Bulk Carriers to Lead the Wind-Assisted Propulsion Market (by Application)

Bulk carriers are expected to dominate the wind-assisted propulsion market, driven by their significant contribution to global trade and the increasing pressure to curb carbon emissions within the shipping sector. As one of the largest categories of commercial vessels, bulk carriers typically travel long distances and consume substantial amounts of fuel, making them ideal candidates for the adoption of wind-assisted propulsion technologies. These technologies, such as sails, rotors, and kites, can help reduce fuel consumption and lower operating costs. In the short term, rising regulatory demands for reduced emissions and a growing emphasis on sustainable shipping practices will push bulk carriers to adopt wind-assisted solutions. In the long term, the evolution of more efficient and scalable wind propulsion technologies, combined with government policies aimed at reducing greenhouse gas emissions, will further solidify the position of bulk carriers as leaders in embracing these innovations.

Segmentation 2: by Technology

  • Towing Kites
  • Sails
  • Flettner Rotor
  • Suction Wing
  • Others

Sails to Lead the Wind-Assisted Propulsion Market (by Technology)

Sails are expected to lead the wind-assisted propulsion market by technology, driven by their proven effectiveness in harnessing wind energy to reduce fuel consumption and emissions in maritime operations. As one of the most established technologies in wind-assisted propulsion, sails offer cost-effective solutions for reducing a vessel's reliance on conventional fuel sources. The simplicity of integration, combined with their ability to deliver substantial fuel savings, makes sails an attractive option for both new builds and retrofit installations. As the maritime industry faces increasing pressure to adopt sustainable practices and meet regulatory emissions targets, sails provide a viable solution that can be easily incorporated into existing fleets.

In the short term, sails are likely to remain a dominant technology, as their ability to generate substantial thrust and reduce operating costs aligns with the industry's immediate need for fuel efficiency. Furthermore, ongoing innovations in sail designs and materials are expected to enhance their performance, further boosting their adoption. In the long term, as wind-assisted propulsion technologies continue to evolve, sails will play a critical role in the shift toward greener shipping, helping vessels achieve significant reductions in carbon emissions and overall environmental impact.

Segmentation 3: by Installation Type

  • Retrofit
  • New Installation

Retrofit to Lead the Wind-Assisted Propulsion Market (by Installation Type)

Retrofit installations are anticipated to lead the wind-assisted propulsion market, driven by their cost-effectiveness and ability to enhance existing vessels with advanced wind propulsion technologies. As the maritime industry looks for sustainable solutions without the need for entirely new builds, retrofitting provides a viable option to reduce fuel consumption and emissions. The simplicity of integrating wind-assisted technologies, such as sails, rotors, or kites, onto older ships makes retrofitting a popular and practical choice. In the long term, the increasing demand for greener shipping practices and stringent regulatory requirements will further propel the retrofit market, facilitating the widespread adoption of wind-assisted propulsion systems across the global fleet.

Segmentation 4: by Vessel Type

  • Wind-Assisted Motor Vessels
  • Purely Wind Vessel

Wind-Assisted Motor Vessels to Lead the Wind-Assisted Propulsion Market (by Vessel Type)

Wind-assisted motor vessels are expected to lead the wind-assisted propulsion market by vessel type, driven by their growing adoption of wind energy solutions to reduce fuel consumption and enhance operational efficiency. These vessels, which integrate wind-assisted technologies such as sails, rotors, or kites, are gaining traction in the maritime industry as they provide a cost-effective and environment-friendly solution for both commercial and cargo shipping.

The demand for wind-assisted motor vessels is being propelled by the pressing need to reduce carbon emissions and the desire to comply with strict environmental regulations. This type of vessel is ideal for large-scale commercial operations, where even small fuel savings can translate into significant cost reductions and environmental benefits over time. These vessels are particularly well-suited for long-distance journeys, where wind energy can supplement traditional fuel systems and offer substantial operational cost savings.

Segmentation 5: by Region

  • North America
  • Europe: France, U.K., Germany, France, Greece, Norway, Finland and Rest-of-Europe
  • Asia-Pacific: China, Japan, Singapore, South Korea and Rest-of-Asia-Pacific
  • Rest-of-the-World

Europe is expected to lead the wind-assisted propulsion market by region, driven by its strong commitment to sustainability and green shipping practices. The region has been at the forefront of adopting innovative maritime solutions aimed at reducing carbon emissions and improving energy efficiency in the shipping industry. Several European countries have implemented stringent environmental regulations that require vessels to meet specific emission reduction targets, making wind-assisted propulsion a viable and necessary option for compliance.

Europe's strong infrastructure for marine innovation, research, and development, along with its significant investments in sustainable technologies, positions the region as a global leader in wind-assisted propulsion. Moreover, the growing number of strategic collaborations and partnerships between shipping companies, technology developers, and regulatory bodies further boosts the adoption of wind-powered solutions.

Demand - Drivers, Limitations, and Opportunities

Wind-Assisted Propulsion Market Demand Drivers: Fluctuations in Raw Material Prices

Fluctuating raw material prices, particularly in industries such as manufacturing and shipping, can lead to increased operational costs. As raw material prices rise, companies are motivated to find ways to reduce overall expenses, making alternative energy solutions such as wind-assisted propulsion more attractive. Wind propulsion lowers fuel consumption, reducing reliance on expensive and volatile raw materials such as oil and gas.

As the cost of traditional fuels and raw materials (e.g., fossil fuels) rises, there is more incentive to adopt alternative technologies that can mitigate these price fluctuations. Wind-assisted propulsion systems, which rely on renewable energy (wind), help shipping companies reduce their dependence on conventional fuels. This helps them manage costs in the face of volatile raw material markets.

Wind-Assisted Propulsion Market Challenges: Regulatory Barriers to Large-Scale Dual-Fuel Retrofitting

Retrofitting existing vessels with dual-fuel systems, which allow a combination of traditional marine fuels (such as heavy fuel oil or marine diesel) and alternative fuels (such as LNG or biofuels), can require adherence to strict safety standards. Different countries or regions have specific regulatory frameworks governing the modifications of ships. These regulations often necessitate thorough safety assessments, inspections, and approvals, which can be time-consuming, costly, and difficult to implement. In many cases, there is a lack of universally accepted, standardized guidelines for the retrofit process. Different countries may have different standards or requirements for dual-fuel propulsion systems, leading to inconsistencies in retrofitting procedures and resulting in delays and added complexity for ship owners looking to adopt the technology.

Wind-Assisted Propulsion Market Opportunities: Investments and Government Support for Green Shipping

Governments are increasingly providing financial incentives, subsidies, and tax breaks to companies investing in eco-friendly shipping technologies, including wind-assisted propulsion systems. These incentives help reduce the initial capital expenditure required for adopting green technologies, making them more accessible to ship owners and operators. Public funding for R&D and technological innovations related to wind propulsion systems can spur advancements and lower costs, making it a more attractive option for the maritime industry. Government policies promoting sustainability and the reduction of carbon emissions in the shipping sector are creating a favorable regulatory environment. Policies such as stricter emission standards and carbon tax regimes are pushing companies to adopt alternative propulsion methods, such as wind-assisted systems, to comply with these regulations. Governments are also facilitating the transition to green shipping through international agreements, such as those outlined by the International Maritime Organization (IMO), which encourages the adoption of cleaner technologies and rewards early adopters.

How can this report add value to an organization?

The wind-assisted propulsion market offers a comprehensive understanding of the various technologies available based on vessel types (bulk carriers, container ships, passenger vessels, etc.), wind propulsion techniques (sails, rotors, kites, and wing sails), materials (composite materials, fabric sails, and aerodynamics), and methods (retrofit installations, new builds, and hybrid systems). The wind-assisted propulsion market is set for substantial growth with advancements in wind technology, increasing investments, and growing awareness of sustainable shipping. As a result, the wind-assisted propulsion sector is a high-investment and high-revenue market with vast opportunities for expansion.

Growth/Marketing Strategy: The global wind-assisted propulsion market has been experiencing rapid growth. It presents significant opportunities for both established and emerging players in the industry. Companies are focusing on strategies such as partnerships, collaborations, technological innovations, and expanding infrastructure to gain a competitive edge. Product development, particularly in terms of advanced wind propulsion systems for different vessel types, is a critical strategy for maintaining market leadership and driving sustainable shipping practices.

Competitive Strategy: Key players in the wind-assisted propulsion market include Norsepower, Eco Marine Power, Airseas, and others, offering various wind-assisted technologies for vessels. Companies are actively pursuing strategic partnerships and collaborations to leverage synergies, improve product offerings, and tap into untapped revenue potential. With increasing regulatory pressure to adopt eco-friendly solutions, the wind-assisted propulsion market is set to witness accelerated growth, benefiting from innovations that drive sustainability in maritime operations.

Research Methodology

Factors for Data Prediction and Modeling

  • The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
  • The currency conversion rate was taken from the historical exchange rate on the Oanda website.
  • Nearly all the recent developments from January 2021 to February 2025 have been considered in this research study.
  • The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
  • Where relevant information was not available, proxy indicators and extrapolation were employed.
  • Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
  • Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Market Estimation and Forecast

This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the wind-assisted propulsion market.

The market engineering process involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.

Primary Research

The primary sources involve industry experts from the wind-assisted propulsion market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources include:

  • validation and triangulation of all the numbers and graphs
  • validation of reports segmentation and key qualitative findings
  • understanding the competitive landscape
  • validation of the numbers of various markets for market type
  • percentage split of individual markets for geographical analysis

Secondary Research

This research study involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the data sources, the study has been undertaken with the help of other data sources and websites, such as the Census Bureau, OICA, and ACEA.

Secondary research was done to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include-

  • segmentations and percentage shares
  • data for market value
  • key industry trends of the top players of the market
  • qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
  • quantitative data for mathematical and statistical calculations

Key Market Players and Competition Synopsis

The companies that are profiled in the wind-assisted propulsion market have been selected based on inputs gathered from primary experts who have analyzed company coverage, product portfolio, and market penetration.

Some of the prominent names in the wind-assisted propulsion market are:

  • Norsepower
  • bound4blue
  • Eco Marine Power Co. Ltd.
  • Econowind
  • Anemoi Marine Technologies Ltd.
  • Airseas
  • GT Green Technologies
  • Becker Marine Systems
  • Propelwind S.A.S.
  • NayamWings Ltd.
  • SkySails Marine
  • DNV
  • Mitsui O.S.K. Lines
  • OCEANBIRD
  • Aloft Systems Inc.

Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Markets

  • 1.1 Wind-Assisted Propulsion Market: Current and Future
    • 1.1.1 Technological Innovations in Shipping Industry
    • 1.1.2 Increasing Investment in Wind-Assisted Propulsion
  • 1.2 Supply Chain Overview
    • 1.2.1 Value Chain Analysis
    • 1.2.2 Pricing Analysis
  • 1.3 Research and Development Review
    • 1.3.1 Patent Filing Trend (by Patent Office and Company)
  • 1.4 Ecosystem of Wind-Assisted Propulsion Market
    • 1.4.1 Consortiums and Associations
    • 1.4.2 Regulatory/Certification Bodies
    • 1.4.3 Government Programs
    • 1.4.4 Programs (by Research Institutions and Universities)
  • 1.5 Economic Impact of Wind-Assisted Propulsion
  • 1.6 Market Dynamics: Overview
    • 1.6.1 Market Drivers
      • 1.6.1.1 Fluctuations in Raw Material Prices
      • 1.6.1.2 Growing Adoption of Retrofitting Solutions
    • 1.6.2 Market Restraints
      • 1.6.2.1 Regulatory Barriers to Large-Scale Dual-Fuel Retrofitting
      • 1.6.2.2 Space and Structural Limitations on Ships
    • 1.6.3 Market Opportunities
      • 1.6.3.1 Investments and Government Support for Green Shipping
      • 1.6.3.2 Expansion of Green Shipping Corridors
  • 1.7 Start-Up Landscape

2 Application

  • 2.1 Application Summary
  • 2.2 Wind-Assisted Propulsion Market (by Application)
    • 2.2.1 Cargo Ships
      • 2.2.1.1 Tankers
      • 2.2.1.2 Car Carriers / Roll-On Roll-Off (RORO) Vessels
      • 2.2.1.3 Container Ships
      • 2.2.1.4 General Cargo Vessels
    • 2.2.2 Bulk Carriers
    • 2.2.3 Passenger Ships
    • 2.2.4 Fishing Vessels

3 Products

  • 3.1 Product Summary
  • 3.2 Wind-Assisted Propulsion Market (by Technology)
    • 3.2.1 Towing Kites
    • 3.2.2 Sails
      • 3.2.2.1 Soft-Wing Sails
      • 3.2.2.2 Hard-Wing Sails
    • 3.2.3 Flettner Rotors
    • 3.2.4 Suction Wings
    • 3.2.5 Others
  • 3.3 Wind-Assisted Propulsion Market (by Installation Type)
    • 3.3.1 Retrofit
    • 3.3.2 New Installation
  • 3.4 Wind-Assisted Propulsion Market (by Vessel Type)
    • 3.4.1 Wind-Assisted Motor Vessels
    • 3.4.2 Purely Wind Vessels

4 Regions

  • 4.1 Wind-Assisted Propulsion Market (by Region)
  • 4.2 North America
    • 4.2.1 Market
      • 4.2.1.1 Business Drivers
      • 4.2.1.2 Business Challenges
    • 4.2.2 Application
    • 4.2.3 Product
  • 4.3 Europe
    • 4.3.1 Market
      • 4.3.1.1 Key Market Participants in Europe
      • 4.3.1.2 Business Drivers
      • 4.3.1.3 Business Challenges
    • 4.3.2 Application
    • 4.3.3 Product
    • 4.3.4 Europe (by Country)
      • 4.3.4.1 U.K.
        • 4.3.4.1.1 Application
        • 4.3.4.1.2 Product
      • 4.3.4.2 Germany
        • 4.3.4.2.1 Application
        • 4.3.4.2.2 Product
      • 4.3.4.3 France
        • 4.3.4.3.1 Application
        • 4.3.4.3.2 Product
      • 4.3.4.4 Greece
        • 4.3.4.4.1 Application
        • 4.3.4.4.2 Product
      • 4.3.4.5 Norway
        • 4.3.4.5.1 Application
        • 4.3.4.5.2 Product
      • 4.3.4.6 Finland
        • 4.3.4.6.1 Application
        • 4.3.4.6.2 Product
      • 4.3.4.7 Rest-of-Europe
        • 4.3.4.7.1 Application
        • 4.3.4.7.2 Product
  • 4.4 Asia-Pacific
    • 4.4.1 Market
      • 4.4.1.1 Key Market Participants in Asia-Pacific
      • 4.4.1.2 Business Drivers
      • 4.4.1.3 Business Challenges
    • 4.4.2 Application
    • 4.4.3 Product
    • 4.4.4 Asia-Pacific (by Country)
      • 4.4.4.1 China
        • 4.4.4.1.1 Application
        • 4.4.4.1.2 Product
      • 4.4.4.2 Japan
        • 4.4.4.2.1 Application
        • 4.4.4.2.2 Product
      • 4.4.4.3 South Korea
        • 4.4.4.3.1 Application
        • 4.4.4.3.2 Product
      • 4.4.4.4 Singapore
        • 4.4.4.4.1 Application
        • 4.4.4.4.2 Product
      • 4.4.4.5 Rest-of-Asia-Pacific
        • 4.4.4.5.1 Application
        • 4.4.4.5.2 Product
  • 4.5 Rest-of-the-World
    • 4.5.1 Market
      • 4.5.1.1 Key Market Participants in Rest-of-the-World
      • 4.5.1.2 Business Drivers
      • 4.5.1.3 Business Challenges
    • 4.5.2 Application
    • 4.5.3 Product

5 Markets- Competitive Benchmarking and Companies Profiled

  • 5.1 Next Frontiers
  • 5.2 Company Profiles
    • 5.2.1 Norsepower
      • 5.2.1.1 Overview
      • 5.2.1.2 Top Products/Product Portfolio
      • 5.2.1.3 Top Competitors
      • 5.2.1.4 End-Use Applications
      • 5.2.1.5 Key Personnel
      • 5.2.1.6 Analyst View
      • 5.2.1.7 Market Share, 2023
    • 5.2.2 bound4blue
      • 5.2.2.1 Overview
      • 5.2.2.2 Top Products/Product Portfolio
      • 5.2.2.3 Top Competitors
      • 5.2.2.4 End-Use Applications
      • 5.2.2.5 Key Personnel
      • 5.2.2.6 Analyst View
      • 5.2.2.7 Market Share, 2023
    • 5.2.3 Eco Marine Power Co. Ltd.
      • 5.2.3.1 Overview
      • 5.2.3.2 Top Products/Product Portfolio
      • 5.2.3.3 Top Competitors
      • 5.2.3.4 End-Use Applications
      • 5.2.3.5 Key Personnel
      • 5.2.3.6 Analyst View
      • 5.2.3.7 Market Share, 2023
    • 5.2.4 Econowind
      • 5.2.4.1 Overview
      • 5.2.4.2 Top Products/Product Portfolio
      • 5.2.4.3 Top Competitors
      • 5.2.4.4 End-Use Applications
      • 5.2.4.5 Key Personnel
      • 5.2.4.6 Analyst View
      • 5.2.4.7 Market Share, 2023
    • 5.2.5 Anemoi Marine Technologies Ltd.
      • 5.2.5.1 Overview
      • 5.2.5.2 Top Products/Product Portfolio
      • 5.2.5.3 Top Competitors
      • 5.2.5.4 End-Use Applications
      • 5.2.5.5 Key Personnel
      • 5.2.5.6 Analyst View
      • 5.2.5.7 Market Share, 2023
    • 5.2.6 Airseas
      • 5.2.6.1 Overview
      • 5.2.6.2 Top Products/Product Portfolio
      • 5.2.6.3 Top Competitors
      • 5.2.6.4 End-Use Applications
      • 5.2.6.5 Key Personnel
      • 5.2.6.6 Analyst View
      • 5.2.6.7 Market Share, 2023
    • 5.2.7 GT Green Technologies
      • 5.2.7.1 Overview
      • 5.2.7.2 Top Products/Product Portfolio
      • 5.2.7.3 Top Competitors
      • 5.2.7.4 End-Use Applications
      • 5.2.7.5 Key Personnel
      • 5.2.7.6 Analyst View
      • 5.2.7.7 Market Share, 2023
    • 5.2.8 Becker Marine Systems
      • 5.2.8.1 Overview
      • 5.2.8.2 Top Products/Product Portfolio
      • 5.2.8.3 Top Competitors
      • 5.2.8.4 End-Use Applications
      • 5.2.8.5 Key Personnel
      • 5.2.8.6 Analyst View
      • 5.2.8.7 Market Share, 2023
    • 5.2.9 Propelwind S.A.S.
      • 5.2.9.1 Overview
      • 5.2.9.2 Top Products/Product Portfolio
      • 5.2.9.3 Top Competitors
      • 5.2.9.4 End-Use Applications
      • 5.2.9.5 Key Personnel
      • 5.2.9.6 Analyst View
      • 5.2.9.7 Market Share, 2023
    • 5.2.10 NayamWings Ltd.
      • 5.2.10.1 Overview
      • 5.2.10.2 Top Products/Product Portfolio
      • 5.2.10.3 Top Competitors
      • 5.2.10.4 End-Use Applications
      • 5.2.10.5 Key Personnel
      • 5.2.10.6 Analyst View
      • 5.2.10.7 Market Share, 2023
    • 5.2.11 SkySails Marine
      • 5.2.11.1 Overview
      • 5.2.11.2 Top Products/Product Portfolio
      • 5.2.11.3 Top Competitors
      • 5.2.11.4 End-Use Applications
      • 5.2.11.5 Key Personnel
      • 5.2.11.6 Analyst View
      • 5.2.11.7 Market Share, 2023
    • 5.2.12 DNV
      • 5.2.12.1 Overview
      • 5.2.12.2 Top Products/Product Portfolio
      • 5.2.12.3 Top Competitors
      • 5.2.12.4 End-Use Application
      • 5.2.12.5 Key Personnel
      • 5.2.12.6 Analyst View
      • 5.2.12.7 Market Share, 2023
    • 5.2.13 Mitsui O.S.K. Lines
      • 5.2.13.1 Overview
      • 5.2.13.2 Top Products/Product Portfolio
      • 5.2.13.3 Top Competitors
      • 5.2.13.4 End Use-Application
      • 5.2.13.5 Key Personnel
      • 5.2.13.6 Analyst View
      • 5.2.13.7 Market Share, 2023
    • 5.2.14 OCEANBIRD
      • 5.2.14.1 Overview
      • 5.2.14.2 Top Products/Product Portfolio
      • 5.2.14.3 Top Competitors
      • 5.2.14.4 Target Customers/End Users
      • 5.2.14.5 Key Personnel
      • 5.2.14.6 Analyst View
      • 5.2.14.7 Market Share, 2023
    • 5.2.15 Aloft Systems Inc.
      • 5.2.15.1 Overview
      • 5.2.15.2 Top Products/Product Portfolio
      • 5.2.15.3 Top Competitors
      • 5.2.15.4 End Use-Applications
      • 5.2.15.5 Key Personnel
      • 5.2.15.6 Analyst View
      • 5.2.15.7 Market Share, 2023

6 Research Methodology

  • 6.1 Data Sources
    • 6.1.1 Primary Data Sources
    • 6.1.2 Secondary Data Sources
    • 6.1.3 Data Triangulation
  • 6.2 Market Estimation and Forecast

List of Figures

  • Figure 1: Wind-Assisted Propulsion Market (by Scenario), $Million, 2024, 2027, and 2034
  • Figure 2: Wind-Assisted Propulsion Market (by Region), $Million, 2023, 2027, and 2034
  • Figure 3: Wind-Assisted Propulsion Market (by Application), $Million, 2023, 2027, and 2034
  • Figure 4: Wind-Assisted Propulsion Market (by Technology), $Million, 2023, 2027, and 2034
  • Figure 5: Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023, 2027, and 2034
  • Figure 6: Wind-Assisted Propulsion Market (by Vessel Type), $Million, 2023, 2027, and 2034
  • Figure 7: Key Events
  • Figure 8: Supply Chain and Risks within the Supply Chain
  • Figure 9: Value Chain Analysis
  • Figure 10: Pricing Strategy for Wind-Assisted Propulsion Market, (2023-2034), $Million/Unit
  • Figure 11: Patent Analysis (by Patent Office), January 2021-February 2025
  • Figure 12: Patent Analysis (by Company), January 2021-February 2025
  • Figure 13: Wind Propulsion Savings with Increased Fuel Prices
  • Figure 14: Motor Gasoline Energy Prices($/L), 2020-2023
  • Figure 15: U.K. Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 16: Germany Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 17: France Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 18: Greece Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 19: Norway Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 20: Finland Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 21: Rest-of-Europe Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 22: China Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 23: Japan Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 24: South Korea Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 25: Singapore Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 26: Rest-of-Asia-Pacific Wind-Assisted Propulsion Market, $Million, 2023-2034
  • Figure 27: Data Triangulation
  • Figure 28: Top-Down and Bottom-Up Approach
  • Figure 29: Assumptions and Limitations

List of Tables

  • Table 1: Market Snapshot
  • Table 2: Opportunities across Region
  • Table 3: Competitive Landscape Snapshot
  • Table 4: Trends: Overview
  • Table 5: Consortiums and Associations
  • Table 6: Regulatory/Certification Bodies
  • Table 7: List of Government Programs for the Wind-Assisted Propulsion Market
  • Table 8: List of Programs (by Research Institutions and Universities)
  • Table 9: Impact Analysis of Market Navigating Factors, 2024-2034
  • Table 10: Government Initiatives Promoting Green Shipping Across Various Countries and Regions
  • Table 11: Wind-Assisted Propulsion Market (by Region), $Million, 2023-2034
  • Table 12: North America Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 13: North America Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 14: North America Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 15: North America Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 16: Europe Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 17: Europe Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 18: Europe Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 19: Europe Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 20: U.K. Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 21: U.K. Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 22: U.K. Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 23: U.K. Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 24: Germany Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 25: Germany Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 26: Germany Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 27: Germany Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 28: France Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 29: France Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 30: France Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 31: France Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 32: Greece Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 33: Greece Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 34: Greece Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 35: Greece Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 36: Norway Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 37: Norway Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 38: Norway Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 39: Norway Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 40: Finland Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 41: Finland Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 42: Finland Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 43: Finland Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 44: Rest-of-Europe Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 45: Rest-of-Europe Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 46: Rest-of-Europe Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 47: Rest-of-Europe Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 48: Asia-Pacific Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 49: Asia-Pacific Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 50: Asia-Pacific Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 51: Asia-Pacific Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 52: China Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 53: China Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 54: China Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 55: China Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 56: Japan Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 57: Japan Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 58: Japan Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 59: Japan Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 60: South Korea Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 61: South Korea Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 62: South Korea Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 63: South Korea Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 64: Singapore Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 65: Singapore Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 66: Singapore Wind-Assisted Propulsion Market (by Installation Type), $Million, 2023-2034
  • Table 67: Singapore Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 68: Rest-of-Asia-Pacific Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 69: Rest-of-Asia-Pacific Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 70: Rest-of-Asia-Pacific Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 71: Rest-of-Asia-Pacific Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 72: Rest-of-the-World Wind-Assisted Propulsion Market (by Application), $Million, 2023-2034
  • Table 73: Rest-of-the-World Wind-Assisted Propulsion Market (by Technology), $Million, 2023-2034
  • Table 74: Rest-of-the-World Wind-Assisted Propulsion Market (by Installation type), $Million, 2023-2034
  • Table 75: Rest-of-the-World Wind-Assisted Propulsion Market (by Vessel type), $Million, 2023-2034
  • Table 76: Market Share, 2023