Shore power is a system that supplies electrical power to a vessel from an onshore power grid. The system consists of an electrical connection between the vessel and the onshore power grid, and a system of cables and electrical equipment on board the vessel that distributes the power to the vessels electrical system.
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Key Drivers
The key drivers of the shore power market are the increasing environmental regulations, the need for reducing emissions from ships, and the need for reducing the operating costs of ships.
Shore power is a technology that allows ships to connect to the electrical grid while docked, and it is seen as a way to reduce emissions from ships. There are a number of benefits of shore power, including the reduction of emissions, the reduction of noise, and the reduction of fuel consumption.
Market Segmentation
The Shore Power Market is segmented by installation, component, and region. By installation, the market is classified into shoreside and shipside. By component, the market is bifurcated into transformer, switchgear, frequency converter, cable & accessories, and others. By region, the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Key Players
The key players in the Shore Power Market are ABB, Siemens ,Schneider, Wärtsilä, Cavotec, ESL Power, Igus, SmartPlug, Blueday Technology, and Cochran Marine.
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