Global Vessel Energy Storage System Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Vessel Energy Storage System market size will reach 810.13 Million USD in 2025 and is projected to reach 1,464.86 Million USD by 2032, with a CAGR of 8.83% (2025-2032). Notably, the China Vessel Energy Storage System market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

A Vessel Energy Storage System (VESS) refers to a system installed on board a vessel to store electrical energy for various purposes, including propulsion, auxiliary power, and load management. VESS typically consists of one or more energy storage devices such as batteries, supercapacitors, or flywheels, along with associated power electronics and control systems. These systems play a crucial role in enhancing the efficiency, flexibility, and sustainability of marine propulsion systems by providing on-demand power, optimizing fuel consumption, and reducing emissions. VESS can be integrated with conventional propulsion systems or used in conjunction with alternative power sources such as fuel cells or renewable energy sources like solar panels and wind turbines to create hybrid or fully electric propulsion systems for ships. By leveraging energy storage technologies, VESS enables vessels to operate more efficiently, reduce fuel consumption and emissions, and improve overall performance while meeting increasingly stringent environmental regulations and sustainability goals in the maritime industry.

The major global  manufacturers of Vessel Energy Storage System include Corvus, PBES, SAFT, EST-Floattech, MG, ZEM AS, Leclanché, Magnus Marin, Siemens, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Vessel Energy Storage System. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Vessel Energy Storage System market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Vessel Energy Storage System market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Vessel Energy Storage System industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Vessel Energy Storage System Include:

Corvus

PBES

SAFT

EST-Floattech

MG

ZEM AS

Leclanché

Magnus Marin

Siemens

Vessel Energy Storage System Product Segment Include:

Less than 1MWh

1-3MWh

More than 3MWh

Vessel Energy Storage System Product Application Include:

Cruise and Ferry

Offshore Vessel

Merchant

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Vessel Energy Storage System Industry PESTEL Analysis

Chapter 3: Global Vessel Energy Storage System Industry Porter's Five Forces Analysis

Chapter 4: Global Vessel Energy Storage System Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 5: Global Vessel Energy Storage System Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 6: Global Vessel Energy Storage System Sales, Revenue, Price and Forecast by Product Type

Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 8: Industrial Chain Analysis, Vessel Energy Storage System Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 9: Research Findings and Conclusion

Chapter 10: Methodology and Data Sources