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Grab 20% Off With Code ONLINE20 On Global market Reports – Evaluate Global Trends, Market Risks, and Competitive Intelligence How Is the Electric Boat Market Size Expected to Evolve From 2025 to 2029? The electric boat market size has grown rapidly in recent years. It will grow from $5.05 billion in 2024 to $5.57 billion in 2025 at a compound annual growth rate (CAGR) of 10.3%. The growth in the historic period can be attributed to increasing environmental regulations, increasing adoption of electric propulsion systems, growing investment in clean water tourism, expansion of marinas with electric charging infrastructure, and growing urban water transport networks. The electric boat market size is expected to see rapid growth in the next few years. It will grow to $8.37 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increasing availability of high-capacity lithium-ion and solid-state batteries, rising demand for z...