Shore Power Market Size, Share & Trends Analysis Report By Type (Shoreside, Shipside), By Connection (New Installation, Retrofit), By Component, By Power Rating, By Region, And Segment Forecasts, 2025 - 2030
The global shore power market size was estimated at USD 2.22 billion in 2024 and is projected to reach USD 4.0 billion by 2030, growing at a CAGR of 10.6% from 2025 to 2030. The market is on a robust growth trajectory, driven by a pressing need for cleaner solutions in the maritime industry.
Shore power supplies electrical power to docked ships, allowing them to shut down their engines and significantly reduce air and noise pollution. Stricter environmental regulations around the globe are driving ports to adopt shore power infrastructure.
Stringent regulations from organizations like the International Maritime Organization (IMO) are impelling the adoption of shore power. The IMO has set stricter emission limits for sulfur and nitrogen oxides, prompting ports to invest in shore power infrastructure. Furthermore, growing public concern about air pollution is pressuring port authorities to implement cleaner solutions.
Beyond environmental benefits, shore power offers economic advantages. It reduces fuel consumption for docked ships, leading to cost savings. Moreover, it can help improve energy efficiency and grid stability in port areas. As a result, both private companies and governments are increasingly investing in shore power technologies. With growing international trade, ports are upgrading their facilities to accommodate larger vessels and enable higher traffic volumes. This expansion necessitated shore power systems to meet environmental standards and improve operational efficiency.Such developments can help reduce emissions and position ports as sustainable and forward-thinking hubs in the global supply chain.
Shore Power Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global shore power market report based on type, connection, component, power rating, and region:
Type Outlook (Revenue, USD Million, 2018 - 2030)
Shoreside
Shipside
Connection Outlook (Revenue, USD Million, 2018 - 2030)
New Installation
Retrofit
Component Outlook (Revenue, USD Million, 2018 - 2030)
Transformers
Switchgear Devices
Frequency Converters
Cables & Accessories
Others
Power Rating Outlook (Revenue, USD Million, 2018 - 2030)
Up to 30 MVA
30 to 60 MVA
Above 60 MVA
Region Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Norway
Netherlands
Asia Pacific
China
India
South Korea
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Types & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Shore Power Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Regulatory Framework
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
3.5.1. Porter's Five Forces Analysis
3.5.2. Macro-environmental Analysis
Chapter 4. Shore Power Market: Type Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Shore Power Market: Type Movement Analysis & Market Share, 2024 & 2030