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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Offshore Energy Storage System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Offshore Energy Storage System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Offshore Energy Storage System Overall Market Size
2.1 Global Offshore Energy Storage System Market Size: 2022 VS 2029
2.2 Global Offshore Energy Storage System Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Offshore Energy Storage System Players in Global Market
3.2 Top Global Offshore Energy Storage System Companies Ranked by Revenue
3.3 Global Offshore Energy Storage System Revenue by Companies
3.4 Top 3 and Top 5 Offshore Energy Storage System Companies in Global Market, by Revenue in 2022
3.5 Global Companies Offshore Energy Storage System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Offshore Energy Storage System Players in Global Market
3.6.1 List of Global Tier 1 Offshore Energy Storage System Companies
3.6.2 List of Global Tier 2 and Tier 3 Offshore Energy Storage System Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Offshore Energy Storage System Market Size Markets, 2022 & 2029
4.1.2 Lithium
4.1.3 Lead Acid
4.1.4 Others
4.2 By Type - Global Offshore Energy Storage System Revenue & Forecasts
4.2.1 By Type - Global Offshore Energy Storage System Revenue, 2018-2023
4.2.2 By Type - Global Offshore Energy Storage System Revenue, 2024-2029
4.2.3 By Type - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Offshore Energy Storage System Market Size, 2022 & 2029
5.1.2 Yachts
5.1.3 Cargo Ships
5.1.4 Cruises
5.1.5 Drilling Platform
5.1.6 Others
5.2 By Application - Global Offshore Energy Storage System Revenue & Forecasts
5.2.1 By Application - Global Offshore Energy Storage System Revenue, 2018-2023
5.2.2 By Application - Global Offshore Energy Storage System Revenue, 2024-2029
5.2.3 By Application - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Offshore Energy Storage System Market Size, 2022 & 2029
6.2 By Region - Global Offshore Energy Storage System Revenue & Forecasts
6.2.1 By Region - Global Offshore Energy Storage System Revenue, 2018-2023
6.2.2 By Region - Global Offshore Energy Storage System Revenue, 2024-2029
6.2.3 By Region - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Offshore Energy Storage System Revenue, 2018-2029
6.3.2 US Offshore Energy Storage System Market Size, 2018-2029
6.3.3 Canada Offshore Energy Storage System Market Size, 2018-2029
6.3.4 Mexico Offshore Energy Storage System Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Offshore Energy Storage System Revenue, 2018-2029
6.4.2 Germany Offshore Energy Storage System Market Size, 2018-2029
6.4.3 France Offshore Energy Storage System Market Size, 2018-2029
6.4.4 U.K. Offshore Energy Storage System Market Size, 2018-2029
6.4.5 Italy Offshore Energy Storage System Market Size, 2018-2029
6.4.6 Russia Offshore Energy Storage System Market Size, 2018-2029
6.4.7 Nordic Countries Offshore Energy Storage System Market Size, 2018-2029
6.4.8 Benelux Offshore Energy Storage System Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Offshore Energy Storage System Revenue, 2018-2029
6.5.2 China Offshore Energy Storage System Market Size, 2018-2029
6.5.3 Japan Offshore Energy Storage System Market Size, 2018-2029
6.5.4 South Korea Offshore Energy Storage System Market Size, 2018-2029
6.5.5 Southeast Asia Offshore Energy Storage System Market Size, 2018-2029
6.5.6 India Offshore Energy Storage System Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Offshore Energy Storage System Revenue, 2018-2029
6.6.2 Brazil Offshore Energy Storage System Market Size, 2018-2029
6.6.3 Argentina Offshore Energy Storage System Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Offshore Energy Storage System Revenue, 2018-2029
6.7.2 Turkey Offshore Energy Storage System Market Size, 2018-2029
6.7.3 Israel Offshore Energy Storage System Market Size, 2018-2029
6.7.4 Saudi Arabia Offshore Energy Storage System Market Size, 2018-2029
6.7.5 UAE Offshore Energy Storage System Market Size, 2018-2029
7 Offshore Energy Storage System Companies Profiles
7.1 ABB
7.1.1 ABB Company Summary
7.1.2 ABB Business Overview
7.1.3 ABB Offshore Energy Storage System Major Product Offerings
7.1.4 ABB Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.1.5 ABB Key News & Latest Developments
7.2 W?rtsil?
7.2.1 W?rtsil? Company Summary
7.2.2 W?rtsil? Business Overview
7.2.3 W?rtsil? Offshore Energy Storage System Major Product Offerings
7.2.4 W?rtsil? Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.2.5 W?rtsil? Key News & Latest Developments
7.3 MAN Energy Solutions
7.3.1 MAN Energy Solutions Company Summary
7.3.2 MAN Energy Solutions Business Overview
7.3.3 MAN Energy Solutions Offshore Energy Storage System Major Product Offerings
7.3.4 MAN Energy Solutions Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.3.5 MAN Energy Solutions Key News & Latest Developments
7.4 MTU Friedrichshafen
7.4.1 MTU Friedrichshafen Company Summary
7.4.2 MTU Friedrichshafen Business Overview
7.4.3 MTU Friedrichshafen Offshore Energy Storage System Major Product Offerings
7.4.4 MTU Friedrichshafen Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.4.5 MTU Friedrichshafen Key News & Latest Developments
7.5 General Electric
7.5.1 General Electric Company Summary
7.5.2 General Electric Business Overview
7.5.3 General Electric Offshore Energy Storage System Major Product Offerings
7.5.4 General Electric Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.5.5 General Electric Key News & Latest Developments
7.6 Siemens
7.6.1 Siemens Company Summary
7.6.2 Siemens Business Overview
7.6.3 Siemens Offshore Energy Storage System Major Product Offerings
7.6.4 Siemens Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.6.5 Siemens Key News & Latest Developments
7.7 LG Chem
7.7.1 LG Chem Company Summary
7.7.2 LG Chem Business Overview
7.7.3 LG Chem Offshore Energy Storage System Major Product Offerings
7.7.4 LG Chem Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.7.5 LG Chem Key News & Latest Developments
7.8 Samsung
7.8.1 Samsung Company Summary
7.8.2 Samsung Business Overview
7.8.3 Samsung Offshore Energy Storage System Major Product Offerings
7.8.4 Samsung Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.8.5 Samsung Key News & Latest Developments
7.9 Fluence
7.9.1 Fluence Company Summary
7.9.2 Fluence Business Overview
7.9.3 Fluence Offshore Energy Storage System Major Product Offerings
7.9.4 Fluence Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.9.5 Fluence Key News & Latest Developments
7.10 BYD
7.10.1 BYD Company Summary
7.10.2 BYD Business Overview
7.10.3 BYD Offshore Energy Storage System Major Product Offerings
7.10.4 BYD Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.10.5 BYD Key News & Latest Developments
7.11 Lockheed Martin Energy
7.11.1 Lockheed Martin Energy Company Summary
7.11.2 Lockheed Martin Energy Business Overview
7.11.3 Lockheed Martin Energy Offshore Energy Storage System Major Product Offerings
7.11.4 Lockheed Martin Energy Offshore Energy Storage System Revenue in Global Market (2018-2023)
7.11.5 Lockheed Martin Energy Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Offshore Energy Storage System Market Opportunities & Trends in Global Market
Table 2. Offshore Energy Storage System Market Drivers in Global Market
Table 3. Offshore Energy Storage System Market Restraints in Global Market
Table 4. Key Players of Offshore Energy Storage System in Global Market
Table 5. Top Offshore Energy Storage System Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Offshore Energy Storage System Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Offshore Energy Storage System Revenue Share by Companies, 2018-2023
Table 8. Global Companies Offshore Energy Storage System Product Type
Table 9. List of Global Tier 1 Offshore Energy Storage System Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Offshore Energy Storage System Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Offshore Energy Storage System Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Offshore Energy Storage System Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Offshore Energy Storage System Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Offshore Energy Storage System Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Offshore Energy Storage System Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Offshore Energy Storage System Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Offshore Energy Storage System Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Offshore Energy Storage System Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Offshore Energy Storage System Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Offshore Energy Storage System Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Offshore Energy Storage System Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Offshore Energy Storage System Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Offshore Energy Storage System Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Offshore Energy Storage System Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Offshore Energy Storage System Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Offshore Energy Storage System Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Offshore Energy Storage System Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Offshore Energy Storage System Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Offshore Energy Storage System Revenue, (US$, Mn), 2024-2029
Table 30. ABB Company Summary
Table 31. ABB Offshore Energy Storage System Product Offerings
Table 32. ABB Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 33. ABB Key News & Latest Developments
Table 34. W?rtsil? Company Summary
Table 35. W?rtsil? Offshore Energy Storage System Product Offerings
Table 36. W?rtsil? Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 37. W?rtsil? Key News & Latest Developments
Table 38. MAN Energy Solutions Company Summary
Table 39. MAN Energy Solutions Offshore Energy Storage System Product Offerings
Table 40. MAN Energy Solutions Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 41. MAN Energy Solutions Key News & Latest Developments
Table 42. MTU Friedrichshafen Company Summary
Table 43. MTU Friedrichshafen Offshore Energy Storage System Product Offerings
Table 44. MTU Friedrichshafen Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 45. MTU Friedrichshafen Key News & Latest Developments
Table 46. General Electric Company Summary
Table 47. General Electric Offshore Energy Storage System Product Offerings
Table 48. General Electric Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 49. General Electric Key News & Latest Developments
Table 50. Siemens Company Summary
Table 51. Siemens Offshore Energy Storage System Product Offerings
Table 52. Siemens Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 53. Siemens Key News & Latest Developments
Table 54. LG Chem Company Summary
Table 55. LG Chem Offshore Energy Storage System Product Offerings
Table 56. LG Chem Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 57. LG Chem Key News & Latest Developments
Table 58. Samsung Company Summary
Table 59. Samsung Offshore Energy Storage System Product Offerings
Table 60. Samsung Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 61. Samsung Key News & Latest Developments
Table 62. Fluence Company Summary
Table 63. Fluence Offshore Energy Storage System Product Offerings
Table 64. Fluence Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 65. Fluence Key News & Latest Developments
Table 66. BYD Company Summary
Table 67. BYD Offshore Energy Storage System Product Offerings
Table 68. BYD Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 69. BYD Key News & Latest Developments
Table 70. Lockheed Martin Energy Company Summary
Table 71. Lockheed Martin Energy Offshore Energy Storage System Product Offerings
Table 72. Lockheed Martin Energy Offshore Energy Storage System Revenue (US$, Mn) & (2018-2023)
Table 73. Lockheed Martin Energy Key News & Latest Developments
List of Figures
Figure 1. Offshore Energy Storage System Segment by Type in 2022
Figure 2. Offshore Energy Storage System Segment by Application in 2022
Figure 3. Global Offshore Energy Storage System Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Offshore Energy Storage System Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Offshore Energy Storage System Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Offshore Energy Storage System Revenue in 2022
Figure 8. By Type - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 9. By Application - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 10. By Type - Global Offshore Energy Storage System Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 12. By Application - Global Offshore Energy Storage System Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 14. By Region - Global Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 15. By Country - North America Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 16. US Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 20. Germany Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 21. France Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 28. China Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 32. India Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 34. Brazil Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Offshore Energy Storage System Revenue Market Share, 2018-2029
Figure 37. Turkey Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Offshore Energy Storage System Revenue, (US$, Mn), 2018-2029
Figure 41. ABB Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. W?rtsil? Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. MAN Energy Solutions Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. MTU Friedrichshafen Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. General Electric Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Siemens Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. LG Chem Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Samsung Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Fluence Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. BYD Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Lockheed Martin Energy Offshore Energy Storage System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
