Product Code: GVR-4-68040-269-6
Shore Power Market Summary
The global shore power market size was estimated at USD 2.22 billion in 2024 and is projected to reach USD 4.0 billion by 2030, growing at a CAGR of 10.6% from 2025 to 2030. The market is on a robust growth trajectory, driven by a pressing need for cleaner solutions in the maritime industry.
Shore power supplies electrical power to docked ships, allowing them to shut down their engines and significantly reduce air and noise pollution. Stricter environmental regulations around the globe are driving ports to adopt shore power infrastructure.
Stringent regulations from organizations like the International Maritime Organization (IMO) are impelling the adoption of shore power. The IMO has set stricter emission limits for sulfur and nitrogen oxides, prompting ports to invest in shore power infrastructure. Furthermore, growing public concern about air pollution is pressuring port authorities to implement cleaner solutions.
Beyond environmental benefits, shore power offers economic advantages. It reduces fuel consumption for docked ships, leading to cost savings. Moreover, it can help improve energy efficiency and grid stability in port areas. As a result, both private companies and governments are increasingly investing in shore power technologies. With growing international trade, ports are upgrading their facilities to accommodate larger vessels and enable higher traffic volumes. This expansion necessitated shore power systems to meet environmental standards and improve operational efficiency.Such developments can help reduce emissions and position ports as sustainable and forward-thinking hubs in the global supply chain.
Shore Power Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global shore power market report based on type, connection, component, power rating, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Shoreside
- Shipside
- Connection Outlook (Revenue, USD Million, 2018 - 2030)
- New Installation
- Retrofit
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Transformers
- Switchgear Devices
- Frequency Converters
- Cables & Accessories
- Others
- Power Rating Outlook (Revenue, USD Million, 2018 - 2030)
- Up to 30 MVA
- 30 to 60 MVA
- Above 60 MVA
- Region Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- Norway
- Netherlands
- Asia Pacific
- China
- India
- South Korea
- Australia
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Types & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Shore Power Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis
Chapter 4. Shore Power Market: Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Shore Power Market: Type Movement Analysis & Market Share, 2024 & 2030
- 4.3. Shoreside
- 4.3.1. Shoreside Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Shipside
- 4.4.1. Shipside Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Shore Power Market: Connection Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Shore Power Market: Connection Movement Analysis & Market Share, 2024 & 2030
- 5.3. New Installation
- 5.3.1. New Installation Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Retrofit
- 5.4.1. Retrofit Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Shore Power Market: Component Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Shore Power Market: Component Movement Analysis & Market Share, 2024 & 2030
- 6.3. Transformers
- 6.3.1. Transformers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Switchgear Devices
- 6.4.1. Switchgear Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Frequency Converters
- 6.5.1. Frequency Converters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Cables and Accessories
- 6.6.1. Cables and Accessories Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Others
- 6.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Shore Power Market: Power Rating Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Shore Power Market: Power Rating Movement Analysis & Market Share, 2024 & 2030
- 7.3. Up to 30 MVA
- 7.3.1. Up to 30 MVA Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. 30 to 60 MVA
- 7.4.1. 30 to 60 MVA Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Above 60 MVA
- 7.5.1. Above 60 MVA Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Shore Power Market: Region Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2024 & 2030
- 8.2. North America
- 8.2.1. North America Shore Power Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. Key country dynamics
- 8.2.2.2. U.S. shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Key country dynamics
- 8.2.3.2. Canada shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Key country dynamics
- 8.2.4.2. Mexico shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Shore Power Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Key country dynamics
- 8.3.2.2. Germany shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.3. UK
- 8.3.3.1. Key country dynamics
- 8.3.3.2. UK shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.4. Norway
- 8.3.4.1. Key country dynamics
- 8.3.4.2. Norway shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.3.5. Netherlands
- 8.3.5.1. Key country dynamics
- 8.3.5.2. Netherlands shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Shore Power Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. Key country dynamics
- 8.4.2.2. China shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. Key country dynamics
- 8.4.3.2. India shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.4. South Korea
- 8.4.4.1. Key country dynamics
- 8.4.4.2. South Korea shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Key country dynamics
- 8.4.5.2. Australia shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5. Central & South America
- 8.5.1. Central & South America Shore Power Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Key country dynamics
- 8.5.2.2. Brazil shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.5.3. Argentina
- 8.5.3.1. Key country dynamics
- 8.5.3.2. Argentina shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6. Middle East & Africa
- 8.6.1. Middle East & Africa Shore Power Market Estimates & Forecast, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. Key country dynamics
- 8.6.2.2. UAE shore power market estimates & forecast, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
- 8.6.3.1. Key country dynamics
- 8.6.3.2. Saudi Arabia shore power market estimates & forecast, 2018 - 2030 (USD Million)
Chapter 9. Shore Power market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Heat Map
- 9.4. Position Analysis, 2024
- 9.5. Strategy Mapping
- 9.5.1. Expansion
- 9.5.2. Mergers & Acquisition
- 9.5.3. Partnerships & Collaborations
- 9.5.4. New Connection Launches
- 9.5.5. Research And Development
- 9.6. Company Profiles
- 9.6.1. General Electric Company
- 9.6.1.1. Participant's Overview
- 9.6.1.2. Financial Performance
- 9.6.1.3. Connection Benchmarking
- 9.6.1.4. Recent Developments
- 9.6.2. Siemens Energy
- 9.6.2.1. Participant's Overview
- 9.6.2.2. Financial Performance
- 9.6.2.3. Connection Benchmarking
- 9.6.2.4. Recent Developments
- 9.6.3. Schneider Electric
- 9.6.3.1. Participant's Overview
- 9.6.3.2. Financial Performance
- 9.6.3.3. Connection Benchmarking
- 9.6.3.4. Recent Developments
- 9.6.4. ABB
- 9.6.4.1. Participant's Overview
- 9.6.4.2. Financial Performance
- 9.6.4.3. Connection Benchmarking
- 9.6.4.4. Recent Developments
- 9.6.5. Eaton
- 9.6.5.1. Participant's Overview
- 9.6.5.2. Financial Performance
- 9.6.5.3. Connection Benchmarking
- 9.6.5.4. Recent Developments
- 9.6.6. Conntek Integrated Solutions, Inc.
- 9.6.6.1. Participant's Overview
- 9.6.6.2. Financial Performance
- 9.6.6.3. Connection Benchmarking
- 9.6.6.4. Recent Developments
- 9.6.7. Langley Holdings plc
- 9.6.7.1. Participant's Overview
- 9.6.7.2. Financial Performance
- 9.6.7.3. Connection Benchmarking
- 9.6.7.4. Recent Developments
- 9.6.8. Power Systems International
- 9.6.8.1. Participant's Overview
- 9.6.8.2. Financial Performance
- 9.6.8.3. Connection Benchmarking
- 9.6.8.4. Recent Developments
- 9.6.9. Sydney Marine Electrical
- 9.6.9.1. Participant's Overview
- 9.6.9.2. Financial Performance
- 9.6.9.3. Connection Benchmarking
- 9.6.9.4. Recent Developments
- 9.6.10. BLUEDAY
- 9.6.10.1. Participant's Overview
- 9.6.10.2. Financial Performance
- 9.6.10.3. Connection Benchmarking
- 9.6.10.4. Recent Developments