The Hybrid Boats Market is estimated to grow from USD 1.7 billion in 2023 to USD 2.7 billion by 2028, at a CAGR of 10.4% from 2023 to 2028. The hybrid boats market is driven by factors such as increasing demand for environmental sustainability and emission reduction, along with the increasing demand for the maritime transportation. Governments around the world are introducing stricter emissions standards for marine vessels, which is driving demand for cleaner propulsion technologies propelling the growth of hybrid boats market. Significant advancements in motors, batteries, and hull designs have made hybrid boats more efficient, reliable, and affordable. The development of powerful and lightweight electric hybrid propullsions has improved power, efficiency and range of hybrid boats.