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Privacy PolicyShore Power Market (By Type: Low-voltage Shore Power (380V/440V), High-voltage Shore Power (6kV/10kV); By Application: Commercial Port, Cruise Port, Inland River Port, and Others; By Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) Industry Size, Share, Growth, Trends 2025 to 2034
The global shore power market, valued at USD 1,755 million in 2024, is forecast to reach USD 4,004.75 million by 2034, growing at an 8.6% CAGR as the maritime industry adopts cleaner, more sustainable energy solutions for port operations.
| Reports Attributes | Statistics |
| Market Size in 2024 | USD 1,755 Million |
| Market Size in 2025 | USD 1,906 Million |
| Market Size in 2031 | USD 3,127 Million |
| Market Size by 2034 | USD 4,004.75 Million |
| CAGR 2025 to 2034 | 8.6% |
| Base Year | 2024 |
| Forecast Period | 2025 to 2034 |
| Regions | Shares (%) |
| North America | 30% |
| Asia Pacific | 25% |
| Europe | 35% |
| LAMEA | 10% |
| Segments | Shares (%) |
| Low-voltage Shore Power (380V/440V) | 60% |
| High-voltage Shore Power (6kV/10kV) | 40% |
| Segments | Shares (%) |
| Commercial Port | 50% |
| Cruise Port | 20% |
| Inland River Port | 15% |
| Others | 15% |
Published by Shubham Desale
| Type | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Low-voltage Shore Power (380V/440V) | 1053 | 1,128.31 | 1,208.79 | 1,294.76 | 1,386.58 | 1,484.62 | 1,589.26 | 1,700.92 | 1,820.04 | 1,947.06 | 2,082.47 |
| High-voltage Shore Power (6kV/10kV) | 702 | 777.62 | 861.05 | 953.09 | 1,054.58 | 1,166.48 | 1,289.83 | 1,425.77 | 1,575.56 | 1,740.55 | 1,922.28 |
| Application | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial Port | 877.50 | 943.44 | 1,014.22 | 1,090.21 | 1,171.76 | 1,259.27 | 1,353.17 | 1,453.91 | 1,561.97 | 1,677.86 | 1,802.14 |
| Cruise Port | 351 | 394.53 | 442.95 | 496.77 | 556.58 | 623.01 | 696.74 | 778.55 | 869.27 | 969.84 | 1,081.28 |
| Inland River Port | 263.25 | 285.89 | 310.48 | 337.18 | 366.17 | 397.67 | 431.86 | 469 | 509.34 | 553.14 | 600.71 |
| Others | 263.25 | 282.08 | 302.20 | 323.69 | 346.64 | 371.15 | 397.32 | 425.23 | 455.01 | 486.77 | 520.62 |
| Region | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 526.50 | 566.06 | 608.53 | 654.12 | 703.05 | 755.56 | 811.90 | 872.35 | 937.18 | 1,006.72 | 1,081.28 |
| Asia Pacific | 438.75 | 489.82 | 546.44 | 609.17 | 678.64 | 755.56 | 840.70 | 934.88 | 1,039.05 | 1,154.22 | 1,281.52 |
| Europe | 614.25 | 661.36 | 712.02 | 766.52 | 825.11 | 888.12 | 955.86 | 1,028.68 | 1,106.96 | 1,191.10 | 1,281.52 |
| LAMEA | 175.50 | 188.69 | 202.84 | 218.04 | 234.35 | 251.85 | 270.63 | 290.78 | 312.39 | 335.57 | 360.43 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Low-voltage Shore Power (380V/440V) | 1053 | 1,128.31 | 1,208.79 | 1,294.76 | 1,386.58 | 1,484.62 | 1,589.26 | 1,700.92 | 1,820.04 | 1,947.06 | 2,082.47 |
| High-voltage Shore Power (6kV/10kV) | 702 | 777.62 | 861.05 | 953.09 | 1,054.58 | 1,166.48 | 1,289.83 | 1,425.77 | 1,575.56 | 1,740.55 | 1,922.28 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial Port | 877.50 | 943.44 | 1,014.22 | 1,090.21 | 1,171.76 | 1,259.27 | 1,353.17 | 1,453.91 | 1,561.97 | 1,677.86 | 1,802.14 |
| Cruise Port | 351 | 394.53 | 442.95 | 496.77 | 556.58 | 623.01 | 696.74 | 778.55 | 869.27 | 969.84 | 1,081.28 |
| Inland River Port | 263.25 | 285.89 | 310.48 | 337.18 | 366.17 | 397.67 | 431.86 | 469 | 509.34 | 553.14 | 600.71 |
| Others | 263.25 | 282.08 | 302.20 | 323.69 | 346.64 | 371.15 | 397.32 | 425.23 | 455.01 | 486.77 | 520.62 |
| Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 526.50 | 566.06 | 608.53 | 654.12 | 703.05 | 755.56 | 811.90 | 872.35 | 937.18 | 1,006.72 | 1,081.28 |
| Asia Pacific | 438.75 | 489.82 | 546.44 | 609.17 | 678.64 | 755.56 | 840.70 | 934.88 | 1,039.05 | 1,154.22 | 1,281.52 |
| Europe | 614.25 | 661.36 | 712.02 | 766.52 | 825.11 | 888.12 | 955.86 | 1,028.68 | 1,106.96 | 1,191.10 | 1,281.52 |
| LAMEA | 175.50 | 188.69 | 202.84 | 218.04 | 234.35 | 251.85 | 270.63 | 290.78 | 312.39 | 335.57 | 360.43 |
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