Alternate Marine Power Market Dynamics, Size, and Growth Trend 2018-2028

 Alternate marine power refers to using shoreside power instead of a ship’s diesel generator to reduce air pollution the AMP technology can be of the battery system, hybrid propulsion, fuel cell, LNG, LBG, etc. The market dynamics of alternate marine power are predominantly shaped by the instrumental factors of stringent environmental regulations and government incentives, though they encounter challenges from the restraining factors of high initial costs and lack of infrastructure.