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According to the latest report by IMARC Group “Electric Boat and Ship Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global electric boat and ship market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Electric boats and ships represent small-sized passenger ships that sail using electricity. They utilize marine-grade lead-acid, lithium-iron-phosphate, and nickel batteries in addition to rugged and reliable electric propulsion motors to enhance operational effici…

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