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Electric boat market booms amid wider retail slowdowns

Market expected to grow 66.2% in the next 5 years

Johnnie Martinez II

The financial performance of electric boat makers has improved despite constraints in the wider marine industry.  The global electric boat market landed at $7.7 billion in 2025 and is projected to grow 66.2% over the next five years, according to market research firm Future Market Insights. Decarbonization efforts, advances in battery technology and increasing adoption of electric propulsion across recreational and commercial marine applications represent key […]

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