Energy storage is the capture of energy produced at one time for use at a later time. A device that stores energy is generally called an accumulator or battery. Energy storage involves converting energy from forms that are difficult to store to more conveniently or economically storable forms.
This report aims to provide a comprehensive presentation of the global market for Offshore Energy Storage System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Energy Storage System. This report contains market size and forecasts of Offshore Energy Storage System in global, including the following market information:
- Global Offshore Energy Storage System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Offshore Energy Storage System market was valued at US$ 142.5 million in 2022 and is projected to reach US$ 288.9 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for more than 70% of the revenue market. Regionally, Europe is the biggest revenue area, also the leader in the whole offshore energy storage energy storage industry. Europe occupied 90% of the sales market in 2019. Norway is the largest consumption country in the world because of the related regulations and policy. It is followed by North America, which accounted for around 8% of the global total industry. Other countries did not have obvious sales in 2019.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Offshore Energy Storage System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Offshore Energy Storage System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Offshore Energy Storage System Market Segment Percentages, by Type, 2022 (%)
Lithium
Global Offshore Energy Storage System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Offshore Energy Storage System Market Segment Percentages, by Application, 2022 (%)
- Yachts
- Cargo Ships
- Cruises
- Drilling Platform
- Others
Global Offshore Energy Storage System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Offshore Energy Storage System Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Offshore Energy Storage System revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Offshore Energy Storage System revenues share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- ABB
- W?rtsil?
- MAN Energy Solutions
- MTU Friedrichshafen
- General Electric
- Siemens
- LG Chem
- Samsung
- Fluence
- BYD
- Lockheed Martin Energy
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Offshore Energy Storage System, market overview.
- Chapter 2: Global Offshore Energy Storage System market size in revenue.
- Chapter 3: Detailed analysis of Offshore Energy Storage System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Offshore Energy Storage System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
