Global Offshore Energy Storage Market Size, Competition Landscape and Supply Chain Research Report 2025

Research Summary

Offshore energy storage refers to the storage of energy generated from offshore renewable sources, such as offshore wind or tidal energy systems, in offshore facilities or storage systems. It involves capturing excess energy produced during peak generation periods and storing it for later use during times of high demand or low energy production. Offshore energy storage can provide several benefits, including increased grid stability, improved energy reliability, and enhanced utilization of renewable resources. There are various technologies for offshore energy storage, including pumped hydro storage, compressed air energy storage (CAES), and battery energy storage systems (BESS). These storage systems allow energy to be stored in different forms, such as potential energy in elevated water reservoirs or as electrical energy in batteries, to be released when needed. Offshore energy storage has the potential to optimize the integration of offshore renewable energy sources into the grid, enhance the overall efficiency of the energy system, and support a more sustainable and reliable energy future.

According to WENKH research statistics, the global Offshore Energy Storage market size will reach 431.92 Million USD in 2025 and is projected to reach 4,637.92 Million USD by 2032, with a CAGR of 40.37% (2025-2032). Among them, the Asia-Pacific Offshore Energy Storage market is undergoing rapid changes, reaching Million USD in 2025, accounting for approximately % of the global market share. It is projected to reach Million USD by 2032.

The global Offshore Energy Storage market is highly competitive, with key market players including ABB, Wärtsilä, MAN Energy Solutions, MTU Friedrichshafen, General Electric, Siemens, Samsung, LG Chem, Fluence, BYD, Lockheed Martin Energy, etc. This report categorizes the competitive landscape of the global Offshore Energy Storage market into three tiers based on annual revenue, with the top three market players holding approximately  % of the total market share.

This report provides an in-depth analysis of the global Offshore Energy Storage market, including market size, price trends, market status and future development prospects. It particularly focuses on the market share, product characteristics, pricing, sales revenue, and gross profit margin of major players in the global Offshore Energy Storage industry. Additionally, this report provides an in-depth analysis of the market status and future development trends of different product segments of Offshore Energy Storage and their downstream application fields.

In terms of data, this report includes a comprehensive time-series dataset. The historical data spans from 2020 to 2024, providing a solid foundation for analyzing past market trends. The year 2025 is used as a base year to accurately assess the current market landscape. Forecast data covers the period from 2026 to 2032, utilizing scientific analysis methods and models to offer forward-looking predictions and insights into the market's future development. This provides valuable reference information for industry participants and stakeholders.

The report covers regions and countries including North America, Europe, China, Asia Pacific (excluding China), Latin America, the Middle East, and Africa. It particularly focuses on the sales revenue of Offshore Energy Storage in these regions and countries, as well as the market share of key market players in each region. The report provides an in-depth analysis of the regional distribution and future development trends of the Offshore Energy Storage market. By considering local policies, this report evaluates the market prospects of Offshore Energy Storage in each region and country, aiming to help companies gain a comprehensive understanding of the industry characteristics and development potential in different regions, optimize regional business layout, and develop precise market strategies to achieve global development goals.

This report places a strong emphasis on data quality and reliability, utilizing diverse and extensive data sources to ensure the accuracy and validity of the information presented. Primary data collection involves multiple channels, including in-depth interviews with senior executives, industry experts, supply chain stakeholders, and end consumers. These interviews provide key insights into corporate strategic planning, industry policy interpretation, supply chain dynamics, and end-user experiences. Secondary data sources cover a wide range of authoritative statistics from government agencies, customs databases, industry associations, third-party paid databases, brokerage research reports, academic research findings, corporate annual reports, financial statements, real-time news updates, and relevant information from international organizations. These data sources serve as a solid foundation for verification and analysis.

Companies Covered

ABB

Wärtsilä

MAN Energy Solutions

MTU Friedrichshafen

General Electric

Siemens

Samsung

LG Chem

Fluence

BYD

Lockheed Martin Energy

Product Segment

Lithium

Lead Acid

Others

Product Application

Yachts

Cargo Ships

Cruises

Drilling Platform

Others

Chapter Scope

Chapter 1: Product Statistical Scope, Product Segmentation Types and Downstream Applications, Overall Market Size, Current Status and Development Prospects

Chapter 2: Global Offshore Energy Storage Industry Chain Analysis

Chapter 3: Global Offshore Energy Storage Industry Environment Analysis and Porter's Five Forces Analysis

Chapter 4: Analysis of the Competitive Landscape of Major Companies in the Global Offshore Energy Storage Market (Market Share, Product Revenue Comparison, Tier Division, Corporate Expansion and M&A Trends)

Chapter 5: Analysis of Global Major Companies (Company Profiles, Product Features and Product Segment, Product Revenue, Product Average Price, Gross Profit Margin and Geographical Sales Share)

Chapter 6: Global Offshore Energy Storage Product Segment and Downstream Application Size Analysis and Major Regional Market Size Analysis

Chapter 7: North America Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 8: Europe Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 9: China Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 10: Asia Pacific (excluding China) Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 11: Latin America Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 12: Middle East and Africa Offshore Energy Storage Product Segment, Downstream Application, and Major Countries Market Size Analysis

Chapter 13: Research Conclusion

Chapter 14: Methodology and Data Source

Purpose and Value of the Report

Market Trend Insights: Analyze industry trends, market dynamics, and future growth potential to help companies forecast changes and develop strategic plans.

Competitive Landscape Analysis: Understand key players' revenue segmentation, strategies, market share, and business models to guide competitive decisions.

Investment Decision Support: Provide feasibility analysis through market size, growth rate, demand trends, and potential risks for informed investment decisions.

Target Customer and Demand Analysis: Examine consumer behavior, purchasing preferences, and pain points to optimize products and improve market penetration.

Policy and Regulatory Insights: Interpret relevant industry policies to ensure compliance and mitigate regulatory risks.

Business Model Optimization: Offer data-driven suggestions for enhancing business models and improving profitability.