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Offshore Energy Storage Industry Research Report 2023

August 2023 | 94 pages | ID: O8213DA788E7EN
APO Research

US$ 2,950.00

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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.

Highlights

The global Offshore Energy Storage market is projected to reach US$ million by 2028 from an estimated US$ million in 2022, at a CAGR of % during 2024 and 2029.

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.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Offshore Energy Storage, 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.

The Offshore Energy Storage market size, estimations, and forecasts are provided in terms of output/shipments (MWh) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Offshore Energy Storage market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Offshore Energy Storage manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Corvus
  • PBES
  • SAFT
  • EST-Floattech
  • MG
  • ZEM AS
  • Leclanchй
  • Magnus Marin
  • Siemens
Product Type Insights

Global markets are presented by Offshore Energy Storage type, along with growth forecasts through 2029. Estimates on production and value are based on the price in the supply chain at which the Offshore Energy Storage are procured by the manufacturers.

This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2018-2023) and forecast period (2024-2029).

Offshore Energy Storage segment by Type
  • Vessel Energy Storage System
  • Oil & Gas Energy Storage System
  • Wind Energy Storage System
Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2018-2023) and forecast period (2024-2029).

This report also outlines the market trends of each segment and consumer behaviors impacting the Offshore Energy Storage market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Offshore Energy Storage market.

Offshore Energy Storage segment by Application
  • vessels
  • drilling platform
  • wind power
Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2018-2029.

The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2022 because of the base year, with estimates for 2023 and forecast value for 2029.
  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • China Taiwan
    • Indonesia
    • Thailand
    • Malaysia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Offshore Energy Storage market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Offshore Energy Storage market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

This report will help stakeholders to understand the global industry status and trends of Offshore Energy Storage and provides them with information on key market drivers, restraints, challenges, and opportunities.

This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

This report stays updated with novel technology integration, features, and the latest developments in the market

This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Offshore Energy Storage industry.

This report helps stakeholders to gain insights into which regions to target globally

This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Offshore Energy Storage.

This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;

Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 3: Detailed analysis of Offshore Energy Storage manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 5: Production/output, value of Offshore Energy Storage by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 6: Consumption of Offshore Energy Storage 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, and production of each country in the world.

Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 11: The main points and conclusions of the report.

Frequently Asked Questions
  • Which product segment grabbed the largest share in the Product Name market?
  • How is the competitive scenario of the Product Name market?
  • Which are the key factors aiding the Product Name market growth?
  • Which are the prominent players in the Product Name market?
  • Which region holds the maximum share in the Product Name market?
  • What will be the CAGR of the Product Name market during the forecast period?
  • Which application segment emerged as the leading segment in the Product Name market?
  • What key trends are likely to emerge in the Product Name market in the coming years?
  • What will be the Product Name market size by 2028?
  • Which company held the largest share in the Product Name market?
LIST OF TABLES

Table 1. Secondary Sources
Table 2. Primary Sources
Table 3. Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
Table 4. Market Value Comparison by Application (2018 VS 2022 VS 2029) & (US$ Million)
Table 5. Global Offshore Energy Storage Production by Manufacturers (MWh) & (2018-2023)
Table 6. Global Offshore Energy Storage Production Market Share by Manufacturers
Table 7. Global Offshore Energy Storage Production Value by Manufacturers (US$ Million) & (2018-2023)
Table 8. Global Offshore Energy Storage Production Value Market Share by Manufacturers (2018-2023)
Table 9. Global Offshore Energy Storage Average Price (USD/KWh) of Key Manufacturers (2018-2023)
Table 10. Global Offshore Energy Storage Industry Manufacturers Ranking, 2021 VS 2022 VS 2023
Table 11. Global Offshore Energy Storage Manufacturers, Product Type & Application
Table 12. Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 13. Global Offshore Energy Storage by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2022)
Table 14. Manufacturers Mergers & Acquisitions, Expansion Plans)
Table 15. Corvus Offshore Energy Storage Company Information
Table 16. Corvus Business Overview
Table 17. Corvus Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 18. Corvus Product Portfolio
Table 19. Corvus Recent Developments
Table 20. PBES Offshore Energy Storage Company Information
Table 21. PBES Business Overview
Table 22. PBES Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 23. PBES Product Portfolio
Table 24. PBES Recent Developments
Table 25. SAFT Offshore Energy Storage Company Information
Table 26. SAFT Business Overview
Table 27. SAFT Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 28. SAFT Product Portfolio
Table 29. SAFT Recent Developments
Table 30. EST-Floattech Offshore Energy Storage Company Information
Table 31. EST-Floattech Business Overview
Table 32. EST-Floattech Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 33. EST-Floattech Product Portfolio
Table 34. EST-Floattech Recent Developments
Table 35. MG Offshore Energy Storage Company Information
Table 36. MG Business Overview
Table 37. MG Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 38. MG Product Portfolio
Table 39. MG Recent Developments
Table 40. ZEM AS Offshore Energy Storage Company Information
Table 41. ZEM AS Business Overview
Table 42. ZEM AS Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 43. ZEM AS Product Portfolio
Table 44. ZEM AS Recent Developments
Table 45. Leclanchй Offshore Energy Storage Company Information
Table 46. Leclanchй Business Overview
Table 47. Leclanchй Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 48. Leclanchй Product Portfolio
Table 49. Leclanchй Recent Developments
Table 50. Magnus Marin Offshore Energy Storage Company Information
Table 51. Magnus Marin Business Overview
Table 52. Magnus Marin Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 53. Magnus Marin Product Portfolio
Table 54. Magnus Marin Recent Developments
Table 55. Siemens Offshore Energy Storage Company Information
Table 56. Siemens Business Overview
Table 57. Siemens Offshore Energy Storage Production (MWh), Value (US$ Million), Price (USD/KWh) and Gross Margin (2018-2023)
Table 58. Siemens Product Portfolio
Table 59. Siemens Recent Developments
Table 60. Global Offshore Energy Storage Production Comparison by Region: 2018 VS 2022 VS 2029 (MWh)
Table 61. Global Offshore Energy Storage Production by Region (2018-2023) & (MWh)
Table 62. Global Offshore Energy Storage Production Market Share by Region (2018-2023)
Table 63. Global Offshore Energy Storage Production Forecast by Region (2024-2029) & (MWh)
Table 64. Global Offshore Energy Storage Production Market Share Forecast by Region (2024-2029)
Table 65. Global Offshore Energy Storage Production Value Comparison by Region: 2018 VS 2022 VS 2029 (US$ Million)
Table 66. Global Offshore Energy Storage Production Value by Region (2018-2023) & (US$ Million)
Table 67. Global Offshore Energy Storage Production Value Market Share by Region (2018-2023)
Table 68. Global Offshore Energy Storage Production Value Forecast by Region (2024-2029) & (US$ Million)
Table 69. Global Offshore Energy Storage Production Value Market Share Forecast by Region (2024-2029)
Table 70. Global Offshore Energy Storage Market Average Price (USD/KWh) by Region (2018-2023)
Table 71. Global Offshore Energy Storage Consumption Comparison by Region: 2018 VS 2022 VS 2029 (MWh)
Table 72. Global Offshore Energy Storage Consumption by Region (2018-2023) & (MWh)
Table 73. Global Offshore Energy Storage Consumption Market Share by Region (2018-2023)
Table 74. Global Offshore Energy Storage Forecasted Consumption by Region (2024-2029) & (MWh)
Table 75. Global Offshore Energy Storage Forecasted Consumption Market Share by Region (2024-2029)
Table 76. North America Offshore Energy Storage Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (MWh)
Table 77. North America Offshore Energy Storage Consumption by Country (2018-2023) & (MWh)
Table 78. North America Offshore Energy Storage Consumption by Country (2024-2029) & (MWh)
Table 79. Europe Offshore Energy Storage Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (MWh)
Table 80. Europe Offshore Energy Storage Consumption by Country (2018-2023) & (MWh)
Table 81. Europe Offshore Energy Storage Consumption by Country (2024-2029) & (MWh)
Table 82. Asia Pacific Offshore Energy Storage Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (MWh)
Table 83. Asia Pacific Offshore Energy Storage Consumption by Country (2018-2023) & (MWh)
Table 84. Asia Pacific Offshore Energy Storage Consumption by Country (2024-2029) & (MWh)
Table 85. Latin America, Middle East & Africa Offshore Energy Storage Consumption Growth Rate by Country: 2018 VS 2022 VS 2029 (MWh)
Table 86. Latin America, Middle East & Africa Offshore Energy Storage Consumption by Country (2018-2023) & (MWh)
Table 87. Latin America, Middle East & Africa Offshore Energy Storage Consumption by Country (2024-2029) & (MWh)
Table 88. Global Offshore Energy Storage Production by Type (2018-2023) & (MWh)
Table 89. Global Offshore Energy Storage Production by Type (2024-2029) & (MWh)
Table 90. Global Offshore Energy Storage Production Market Share by Type (2018-2023)
Table 91. Global Offshore Energy Storage Production Market Share by Type (2024-2029)
Table 92. Global Offshore Energy Storage Production Value by Type (2018-2023) & (US$ Million)
Table 93. Global Offshore Energy Storage Production Value by Type (2024-2029) & (US$ Million)
Table 94. Global Offshore Energy Storage Production Value Market Share by Type (2018-2023)
Table 95. Global Offshore Energy Storage Production Value Market Share by Type (2024-2029)
Table 96. Global Offshore Energy Storage Price by Type (2018-2023) & (USD/KWh)
Table 97. Global Offshore Energy Storage Price by Type (2024-2029) & (USD/KWh)
Table 98. Global Offshore Energy Storage Production by Application (2018-2023) & (MWh)
Table 99. Global Offshore Energy Storage Production by Application (2024-2029) & (MWh)
Table 100. Global Offshore Energy Storage Production Market Share by Application (2018-2023)
Table 101. Global Offshore Energy Storage Production Market Share by Application (2024-2029)
Table 102. Global Offshore Energy Storage Production Value by Application (2018-2023) & (US$ Million)
Table 103. Global Offshore Energy Storage Production Value by Application (2024-2029) & (US$ Million)
Table 104. Global Offshore Energy Storage Production Value Market Share by Application (2018-2023)
Table 105. Global Offshore Energy Storage Production Value Market Share by Application (2024-2029)
Table 106. Global Offshore Energy Storage Price by Application (2018-2023) & (USD/KWh)
Table 107. Global Offshore Energy Storage Price by Application (2024-2029) & (USD/KWh)
Table 108. Key Raw Materials
Table 109. Raw Materials Key Suppliers
Table 110. Offshore Energy Storage Distributors List
Table 111. Offshore Energy Storage Customers List
Table 112. Offshore Energy Storage Industry Trends
Table 113. Offshore Energy Storage Industry Drivers
Table 114. Offshore Energy Storage Industry Restraints
Table 115. Authors 12. List of This Report

LIST OF FIGURES

Figure 1. Research Methodology
Figure 2. Research Process
Figure 3. Key Executives Interviewed
Figure 4. Offshore Energy StorageProduct Picture
Figure 5. Market Value Comparison by Type (2018 VS 2022 VS 2029) & (US$ Million)
Figure 6. Vessel Energy Storage System Product Picture
Figure 7. Oil & Gas Energy Storage System Product Picture
Figure 8. Wind Energy Storage System Product Picture
Figure 9. vessels Product Picture
Figure 10. drilling platform Product Picture
Figure 11. wind power Product Picture
Figure 12. Global Offshore Energy Storage Production Value (US$ Million), 2018 VS 2022 VS 2029
Figure 13. Global Offshore Energy Storage Production Value (2018-2029) & (US$ Million)
Figure 14. Global Offshore Energy Storage Production Capacity (2018-2029) & (MWh)
Figure 15. Global Offshore Energy Storage Production (2018-2029) & (MWh)
Figure 16. Global Offshore Energy Storage Average Price (USD/KWh) & (2018-2029)
Figure 17. Global Offshore Energy Storage Key Manufacturers, Manufacturing Sites & Headquarters
Figure 18. Global Offshore Energy Storage Manufacturers, Date of Enter into This Industry
Figure 19. Global Top 5 and 10 Offshore Energy Storage Players Market Share by Production Valu in 2022
Figure 20. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2018 VS 2022
Figure 21. Global Offshore Energy Storage Production Comparison by Region: 2018 VS 2022 VS 2029 (MWh)
Figure 22. Global Offshore Energy Storage Production Market Share by Region: 2018 VS 2022 VS 2029
Figure 23. Global Offshore Energy Storage Production Value Comparison by Region: 2018 VS 2022 VS 2029 (US$ Million)
Figure 24. Global Offshore Energy Storage Production Value Market Share by Region: 2018 VS 2022 VS 2029
Figure 25. North America Offshore Energy Storage Production Value (US$ Million) Growth Rate (2018-2029)
Figure 26. Europe Offshore Energy Storage Production Value (US$ Million) Growth Rate (2018-2029)
Figure 27. China Offshore Energy Storage Production Value (US$ Million) Growth Rate (2018-2029)
Figure 28. Japan Offshore Energy Storage Production Value (US$ Million) Growth Rate (2018-2029)
Figure 29. Global Offshore Energy Storage Consumption Comparison by Region: 2018 VS 2022 VS 2029 (MWh)
Figure 30. Global Offshore Energy Storage Consumption Market Share by Region: 2018 VS 2022 VS 2029
Figure 31. North America Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 32. North America Offshore Energy Storage Consumption Market Share by Country (2018-2029)
Figure 33. United States Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 34. Canada Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 35. Europe Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 36. Europe Offshore Energy Storage Consumption Market Share by Country (2018-2029)
Figure 37. Germany Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 38. France Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 39. U.K. Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 40. Italy Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 41. Netherlands Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 42. Asia Pacific Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 43. Asia Pacific Offshore Energy Storage Consumption Market Share by Country (2018-2029)
Figure 44. China Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 45. Japan Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 46. South Korea Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 47. China Taiwan Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 48. Southeast Asia Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 49. India Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 50. Australia Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 51. Latin America, Middle East & Africa Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 52. Latin America, Middle East & Africa Offshore Energy Storage Consumption Market Share by Country (2018-2029)
Figure 53. Mexico Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 54. Brazil Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 55. Turkey Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 56. GCC Countries Offshore Energy Storage Consumption and Growth Rate (2018-2029) & (MWh)
Figure 57. Global Offshore Energy Storage Production Market Share by Type (2018-2029)
Figure 58. Global Offshore Energy Storage Production Value Market Share by Type (2018-2029)
Figure 59. Global Offshore Energy Storage Price (USD/KWh) by Type (2018-2029)
Figure 60. Global Offshore Energy Storage Production Market Share by Application (2018-2029)
Figure 61. Global Offshore Energy Storage Production Value Market Share by Application (2018-2029)
Figure 62. Global Offshore Energy Storage Price (USD/KWh) by Application (2018-2029)
Figure 63. Offshore Energy Storage Value Chain
Figure 64. Offshore Energy Storage Production Mode & Process
Figure 65. Direct Comparison with Distribution Share
Figure 66. Distributors Profiles
Figure 67. Offshore Energy Storage Industry Opportunities and Challenges


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