Asia Pacific Shore Power Market
Asia Pacific Shore Power Market by Installation Type (Shoreside, Shipside), Component (Transformers, Switchgears, Frequency Converters, Cables and Accessories), Power Output (Up to 30 MVA, 30–60 MVA, Above 60 MVA) - Forecast to 2030
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The Asia Pacific shore power market is likely to reach USD 1.56 billion by 2030 from USD 0.80 billion in 2025, at a CAGR of 14.2% during the forecast period. The regional market is growing due to the increasing trade and passenger traffic. With the rising container traffic, ferry, and cruise ships, ports are looking for ways to address emissions produced due to port congestion. This shore power technology can provide a noise-free, emission-free docking operation that will help in meeting community expectations as well as maintain continuous operation 24/7 without violating environmental boundaries.
KEY TAKEAWAYS
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BY COUNTRYChina is expected to hold the largest market share of 42.6% by 2030.
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BY INSTALLATION TYPEBased on the installation type segment, the shoreside installation type is expected to capture the largest market share by 2030.
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BY CONNECTIONBased on the connection segment, the retrofit connection is expected to hold largest market share of 59.2% in 2030.
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BY COMPONENTThe transformers segment is likely to witness a CAGR of 14.6% during the forecast period.
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BY POWER OUTPUTBased on the power output segment, the up to 30 MVA segment is expected to witness the highest CAGR during the forecast period.
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BY VESSELBased on the vessel segment, the cruise segment is expected to dominate the market during the forecast period.
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COMPETITIVE LANDSCAPEMajor market players in the Asia Pacific shore power market are adopting organic and inorganic growth strategies, including partnerships, acquisitions, and strategic investments, to strengthen their market presence and expand service offerings. Companies such as ABB (Switzerland), Siemens (Germany), Schneider Electric (France), GE (US), and Cavotec SA (Switzerland) are increasingly collaborating with regional port authorities, shipyard developers, and energy utilities across Asia Pacific to deploy shore power infrastructure tailored to local regulatory requirements, growing port electrification initiatives, and sustainability goals.
Substantial government funding, national clean-port initiatives, and pilot programs boost the deployment of shore power across multiple terminals. The strong shipbuilding and marine engineering capabilities also support the adoption of standardized equipment and integration technologies.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
Emerging trends are transforming customers' customers in the Asia Pacific shore power market. This reflects a transition from old revenue sources, including fixed voltage, manual cable connections, switchgear, and monitoring, to new revenue sources, such as smart grid integration, power monitoring in real time, automatic capacity adjustment, renewable energy integration, and automatic connection systems. These new revenue streams are a result of other transformations, such as decentralized energy grids, integration of renewable energy sources, and green ports. Consequently, customer such as industrial consumers, energy grid for power generation, port electrical infrastructure, and ships and vessels are aligning their revenue streams with shore power management, Industry 4.0, smart grid technology, and IAPH – International Association of Ports and Harbors.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
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Implementation of government policies related to port electrification

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Concentration of high traffic ports and rising maritime activity
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High upfront capital costs
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Grid constraints and integration issues
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Integration with renewables and smart energy systems
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Increasing large retrofit programs, financing, and public-private partnerships
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Interoperability and commercial/technical standardization
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Concentration of high traffic ports and rising maritime activity
Asia Pacific hosts busiest container, ferry, and cruise ports. Sustained growth in regional trade and passenger movement amplifies the environmental and operational case for shore power. High call frequencies and longer port dwell times in container and cruise terminals translate to large, recurring emissions loads easier to abate cost-effectively from the shore. As container throughput and short-sea ferry networks expand, ports face community pressure and regulatory scrutiny to reduce local pollution and noise. Electrification at berth improves air quality and enables quieter 24/7 operations, improving port competitiveness. Moreover, the predominance of repeat liner calls and hub ports creates scale economies. Once a terminal equips multiple berths, marginal installation costs fall and operator business cases improve, encouraging neighboring terminals and adjacent ports to follow suit. This network-effect, busy ports investing to protect urban air quality while preserving throughput, underpins sustained market growth for shore-power systems across Asia Pacific.
Restraint: Grid constraints and integration issues
Scaling shore-power across multiple berths often places heavy loads on local distribution networks. In some Asia Pacific countries, grid capacity, transmission constraints, and weak network flexibility limit the pace of electrification. Where ports attempt to pursue rapid rollouts without coordinated grid upgrades, projects run into either curtailment risks, phased installations, or expensive upstream reinforcement costs. Recent reporting on renewable growth and grid stress highlights how generation growth without matching transmission and storage can complicate reliable, low-carbon shore-power supply. Furthermore, large power draws-especially at higher MVA ratings require complex coordination with utilities around steady voltage/frequency support, contractual arrangements for demand charges, and often costly peak-management solutions. Until grid operators and port authorities coordinate investments in transformers, substations, and energy-management systems-or until storage/smart controls are deployed at scale-grid limitations will continue to restrain how fast and how broadly shoreside electrification can proceed.
Opportunity: Integration with renewables and smart energy systems
There is a significant opportunity to pair shore-power rollouts with renewables, battery energy storage, and energy-management systems to deliver low-carbon and grid-friendly solutions. Ports can use hybrid onshore renewables combined with storage to smooth peak demand, reduce the need for grid reinforcement, and present green shore-power to environmentally-conscious shipowners and regulators. This bundling of solutions creates new business models-power-as-a-service, CAPEX-light leasing, or tariff discounts for green power-that render projects bankable and appealing to private terminal operators. Working in concert with China's and other Asia Pacific countries' fast renewable additions, ports that combine shore power with local solar/wind generation and storage also capture value from renewable incentives and carbon accounting frameworks. These integrated systems enable flexible scheduling-think shift charging during periods of low cost-and set the stage for additional future use cases, such as electric harbor craft charging and on-site microgrids, increasing the revenue streams for technology suppliers and port operators alike.
Challenge: Interoperability and commercial/technical standardization
A central challenge is interoperability across ship type and berth equipment. Differences in national practices, frequency, connector formats, voltage ratings, and commercial charging protocols raise friction to broad adoption. Even where IEC/ISO standards exist, field implementation differences in items such as ship wiring, converter types, metering, and billing methods complicate commissioning and create ongoing operational costs. Commercial issues are emerge. In the absence of consistent technical and commercial frameworks, both ports and shipowners bear increasing transaction costs and uncertainty, retarding both investment and usage rates. Coordinated standards adoption, clear contractual templates, and pilot programs with multiple stakeholders are needed to demonstrate repeatable, low-friction operations across different port and vessel classes.
ASIA PACIFIC SHORE POWER MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
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Turnkey berth electrification: transformers, frequency converters, switchgear and EPC for container & cruise terminals | Reliable, grid-compliant power delivery | Faster deployments | Ssimplified utility coordination |
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Integrated shore-to-ship systems combining power conversion, substations and digital energy-management for multi-berth ports | Scalable engineered solutions with load management | Predictive maintenance to reduce downtime |
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Modular power-distribution, metering and microgrid controls plus containerized power units for rapid shore-power rollout | Improves energy visibility | Enables renewables/storage integration | Lowers capex risk |
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High-capacity frequency converters, transformers and monitoring systems to address 50/60 Hz and power-quality issues | Ensures stable frequency/voltage matching | Protects vessel systems while enhancing grid stability |
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Automated cable reels, shore connectors and cable-management hardware for safe, rapid connection/disconnection at berths | Reduces manual handling | Speeds vessel turnaround | Saves berth space with compact automation |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The Asia Pacific shore power ecosystem, illustrating how various stakeholders work to provide shore connection solutions. Raw material suppliers, such as Posco, LS Cable & System, and Fujikura, supply steel, power cables, and other raw materials used in shore power systems. Component manufacturers, such as Mitsubishi Electric, Hitachi Energy, and Toshiba, provide converters, switchgear, transformers, and control systems needed for secure and grid-compatible transmission of powers to ships. System assemblers/manufacturers, such as ABB, Siemens, and Schneider Electric, assemble all these components together in a complete shore power solution that can be installed in ports and shipyards. End users, comprising Samsung Heavy Industries, Maersk, and Asian shipyards and shipping companies, use this solution installed in new ships in order to meet stricter Asian port environmental laws.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Asia Pacific Shore Power Market, By Installation Type
The shipside segment is forecast to grow fastest as many ports are expanding berth-side infrastructure faster than shipowners can retrofit fleets. This creates strong demand for shipside equipment that enables vessel compatibility without full onboard redesigns. In addition, increasingly modular shipside solutions-onboard converters, plug interfaces, and standardized sockets-easier to install in routine drydock windows lower retrofit complexity. Such regulatory pressure and preferential port access for shore-power-capable vessels urge shipowners to adopt shipside upgrades rapidly. Moreover, shipbuilders and class societies have been advancing shipside standards and thereby accelerating uptake across the ferry, feeder, and short-sea fleets calling APAC ports frequently.
Asia Pacific Shore Power Market, By Connection
The retrofit segment is projected to register the highest CAGR in the Asia Pacific shore power market during the forecast period. The retrofit connection in shore power has been growing at the highest rate, as there is a huge addressable market in this segment, as most of the merchant fleet in use does not inherently support shore power. Retrofitting a ship, as opposed to purchasing a new ship, has been a cost-effective means of addressing port regulations, which has been driving this market. Additionally, governments and ports provide support in the form of finance, rebates, and preferred docking to retrofitted ships, which has enhanced ROI.
Asia Pacific Shore Power Market, By Component
The transformers segment is expected to witness highest growth rate during the forecast period, as shore-power rollouts require several medium- to large-capacity step-up/step-down transformers to match shore and ship voltage profiles across multi-berth terminals. While ports electrify, the addition of each new berth has traditionally required dedicated transformation and switchgear, creating substantial unit demand. Growth has been further increased by the move to modular, containerized transformer solutions that facilitate ease of installation and incremental capacity additions. Grid integration projects and higher-power berths of up to 30 MVA increase transformer ratings and quantities. Transformers are a critical bottleneck for reliable operation; hence, investment scales with port electrification programs.
Asia Pacific Shore Power Market, By Power Output
The up to 30 MVA segment is likely to account for the largest market share in 2030. This category has witnessed widespread sales since it suits most ships for which shore power connections are a standard requirement when docking. Ports prefer 10-30 MVA shore power systems since this size can be delivered to several berth points. There are various policies that guide ports in adopting shore powers as a means to increase efficiency in their operation. These shore powers offer environmentally protected capabilities, which suit port performance. The up to 30 MVA category will, hence, offer a feasible solution for mass deployment by 2030.
REGION
China to grow at fastest rate in Asia Pacific shore power market during forecast period
China shore power market is expected to grow due to the strong central and provincial government funding support for port electrification projects. The country has incorporated shore power deployment into national green port development plans, with financial incentives, subsidies, and performance targets allocated to major coastal and inland ports. Local port authorities are encouraged to retrofit existing berths and integrate shore power into new port developments, reducing the financial burden of high upfront infrastructure costs.

ASIA PACIFIC SHORE POWER MARKET: COMPANY EVALUATION MATRIX
Generic Electric company has emerged as one of the most influential and well-positioned leaders in the Asia pacific shore power market, driven by its deep expertise and large portfolio of shore power products and solutions.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
- ABB (Switzerland)
- Siemens (Germany)
- Schneider Electric (France)
- General Electric Company (US)
- Cavotec SA (Switzerland)
- Eaton (Ireland)
- Wartsla (Finland)
- Htachi Energy Ltd. (Switzerland)
- Danfoss (Denmark)
- Powercon A/S (Denmark)
- Wabtec Corporation (US)
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2025 (Value) | USD 0.70 Billion |
| Market Forecast in 2030 (Value) | USD 1.56 Billion |
| Growth Rate | CAGR of 14.2% from 2025-2030 |
| Years Considered | 2021-2030 |
| Base Year | 2024 |
| Forecast Period | 2025-2030 |
| Units Considered | Value (USD Million/Billion) |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
| Segments Covered | By Type (Shoreside, Shipside), Connection (New installation, Retrofit), Component (Transformers, Switchgear Devices, Frequency Converters, Cables and Accessories, Others), and Output (Up to 30 MVA,30-60 MVA , Above 60 MVA) |
| Countries Covered | China, Japan, South Korea, India, Australia, and Singapore |
WHAT IS IN IT FOR YOU: ASIA PACIFIC SHORE POWER MARKET REPORT CONTENT GUIDE

RECENT DEVELOPMENTS
- March 2024 : GE Vernova signed a contract with ST Engineering Marine Limited to supply its ship's electric grid for the Republic of Singapore Navy's six new Multi-Role Combat Vessels (MRCVS). These will be the Navy's first vessels powered by GE Vernova's energy-efficient Integrated Full Electric Propulsion (IFEP) system, which optimizes power distribution and management across the ships.
- April 2024 : Siemens Smart Infrastructure launched Electrification X, a new addition to the Siemens Xcelerator portfolio, aimed at modernizing and transforming outdated electrification systems. It is designed to drive the digital transformation of electrification infrastructure across commercial, industrial, and utility sectors. Electrification X offers a growing, dynamic, and interoperable portfolio of loT SaaS solutions to improve energy efficiency, support e-mobility, and optimize industrial energy systems.
- April 2023 : Schneider Electric signed a partnership of a consultancy project to establish the UK's first green shipping corridor between the Ports of Dover, Calais, and Dunkirk. This initiative is part of the UK's Clean Maritime Demonstration Competition (CMDC). As a technical partner, Schneider Electric would evaluate green energy solutions for marine and land-based vessels and vehicles, enabling zero-emission transport of goods and passengers between the ports.
- May 2023 : ABB introduced an industry-first electric propulsion system, ABB Dynafin, which mimics the motion of a whale's tail for optimal efficiency, paving the way for innovative vessel designs. This groundbreaking technology supports the shipping industry's target of reducing annual greenhouse gas emissions by at least 50% by 2050. An independent study has confirmed that the Dynafin system can lower propulsion energy consumption by up to 22% compared to traditional shaftline systems.
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Growth opportunities and latent adjacency in Asia Pacific Shore Power Market