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PUBLISHER: Orion Market Research | PRODUCT CODE: 1159329

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PUBLISHER: Orion Market Research | PRODUCT CODE: 1159329

Shore Power Market 2022-2028

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Global Shore Power Market Size, Share & Trends Analysis Report by Installation Type (Shoreside and Shipside), by Connection (New Installation and Retrofit), by Component (Transformers, Switchgear Devices, Frequency Converters, Cables & Accessories, and Others), and by Power Rating (Up To 30 MVA, 30-60 MVA and Above 60 MVA) Forecast Period (2022-2028)

The global shore power market is anticipated to grow at a substantial CAGR of 6.9% during the forecast period. The growth of the global shore power market during the forecast period can be attributed to the increasing demand for reducing carbon emissions and noise pollution across the globe. Additionally, the market is also growing due to initiatives taken by governments and port authorities globally to reduce the carbon footprint. For instance, in February 2022, Government ministers and port authorities from across the globe signed a declaration to deploy shore-side electricity supply by 2028 at the One Ocean Summit. They further agreed to reward the most environmentally friendly ship and promote actions that improve the environment around ports by reducing stopover fees for greener vessels.

The global shore power market is segmented based on installation type, connection, component and power rating. Based on the installation type, the market is sub-segmented into shoreside and shipside. Based on the connection, the market is sub-segmented into new installation and retrofit. Based on the component, the market is sub-segmented into transformers, switchgear devices, frequency converters, cables and accessories and others. Based on the power rating, the market is sub-segmented into up to 30 MVA, 30-60 MVA and above 60 MVA. Among these, the retrofit sub-segment of connection segment is growing due to the flexibility it offers to modify the existing vessels as per the new safety and environmental regulations implemented globally.

Geographically, the shore power market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific holds a prominent share in the market due to the increasing seaborne trade and initiatives by countries such as India, and China, among others to reduce carbon footprint in the region. Furthermore, North America is the second-highest region to hold the market share due to the presence of key players in the region.

The major companies serving the global shore power market include ABB Group Ltd., Piller Power Systems, Power System International, Siemens AG, and Schneider Electric SE, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, and geographical expansion, to stay competitive in the market. For instance, in May 2020, Schneider Electric announced that it has received a contract for the UK's first large ship-to-shore commercial connection in Stromness, Orkney. The contract was to supply locally produced green electrical power to the MV Hamnavoe NorthLink ferry while at berth.

Research Methodology

The market study of the global shore power Market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Shore Power Market research and analysis by Installation Type.

2. Global Shore Power Market Research and Analysis by Connection.

3. Global Shore Power Market Research and Analysis by Component.

4. Global Shore Power Market Research and Analysis by Power Rating.

The Report Covers:

  • Comprehensive Research Methodology of the global shore power market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global shore power market.
  • Insights about market determinants that are stimulating the global shore power market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Product Code: OMR2026452

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Shore Power Market
  • Recovery Scenario of Global Shore Power Market
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. BY Region

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion

3. Competitive Landscape

  • 3.1. Key Company Analysis
    • 3.1.1. ABB Group Ltd.
      • 3.1.1.1. Overview
      • 3.1.1.2. Financial Analysis
      • 3.1.1.3. SWOT Analysis
      • 3.1.1.4. Recent Developments
    • 3.1.2. Piller Power Systems
      • 3.1.2.1. Overview
      • 3.1.2.2. Financial Analysis
      • 3.1.2.3. SWOT Analysis
      • 3.1.2.4. Recent Developments
    • 3.1.3. Power Systems International
      • 3.1.3.1. Overview
      • 3.1.3.2. Financial Analysis
      • 3.1.3.3. SWOT Analysis
      • 3.1.3.4. Recent Developments
    • 3.1.4. Siemens AG
      • 3.1.4.1. Overview
      • 3.1.4.2. Financial Analysis
      • 3.1.4.3. SWOT Analysis
      • 3.1.4.4. Recent Developments
    • 3.1.5. Schneider Electric SE
      • 3.1.5.1. Overview
      • 3.1.5.2. Financial Analysis
      • 3.1.5.3. SWOT Analysis
      • 3.1.5.4. Recent Developments
  • 3.2. Key Strategy Analysis
  • 3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

  • 4.1. Global Shore Power Market by Installation Type
    • 4.1.1. Shoreside
    • 4.1.2. Shipside
  • 4.2. Global Shore Power Market by Connection
    • 4.2.1. New Installation
    • 4.2.2. Retrofit
  • 4.3. Global Shore Power Market by Component
    • 4.3.1. Transformers
    • 4.3.2. Switchgear Devices
    • 4.3.3. Frequency Converters
    • 4.3.4. Cables and Accessories
    • 4.3.5. Others
  • 4.4. Global Shore Power Market by Power Rating
    • 4.4.1. Up to 30 MVA
    • 4.4.2. 30-60 MVA
    • 4.4.3. Above 60 MVA

5. Regional Analysis

  • 5.1. North America
    • 5.1.1. United States
    • 5.1.2. Canada
  • 5.2. Europe
    • 5.2.1. UK
    • 5.2.2. Germany
    • 5.2.3. Italy
    • 5.2.4. Spain
    • 5.2.5. France
    • 5.2.6. Rest of Europe
  • 5.3. Asia-Pacific
    • 5.3.1. China
    • 5.3.2. India
    • 5.3.3. Japan
    • 5.3.4. South Korea
    • 5.3.5. Rest of Asia-Pacific
  • 5.4. Rest of the World

6. Company Profiles

  • 6.1. Blueday Technology AS
  • 6.2. Cavotec SA
  • 6.3. Danfoss
  • 6.4. Eaton Corp.
  • 6.5. ESL Power Systems, Inc.
  • 6.6. Ratio Electric B.V.
  • 6.7. Sydney Marine Electrical
  • 6.8. Wartsila Corp.
  • 6.9. Watts Marine LLC
  • 6.10. Wabtec Corp.
Product Code: OMR2026452

LIST OF TABLES

  • 1. GLOBAL SHORE POWER MARKET RESEARCH AND ANALYSIS BY INSTALLATION TYPE, 2021-2028 ($ MILLION)
  • 2. GLOBAL SHORE POWER BY SHORESIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 3. GLOBAL SHORE POWER BY SHIPSIDE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 4. GLOBAL SHORE POWER MARKET RESEARCH AND ANALYSIS BY CONNECTION, 2021-2028 ($ MILLION)
  • 5. GLOBAL SHORE POWER BY NEW INSTALLATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 6. GLOBAL SHORE POWER BY RETROFIT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 7. GLOBAL SHORE POWER MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
  • 8. GLOBAL SHORE POWER BY TRANSFORMERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 9. GLOBAL SHORE POWER BY SWITCHGEAR DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 10. GLOBAL SHORE POWER BY FREQUENCY CONVERTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 11. GLOBAL SHORE POWER BY CABLES AND ACCESSORIES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 12. GLOBAL SHORE POWER BY OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 13. GLOBAL SHORE POWER MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
  • 14. GLOBAL SHORE POWER BY UP TO 30 MVA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 15. GLOBAL SHORE POWER BY 30-60 MVA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 16. GLOBAL SHORE POWER BY ABOVE 60 MVA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
  • 17. GLOBAL SHORE POWER MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
  • 18. NORTH AMERICAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
  • 19. NORTH AMERICAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY INSTALLATION TYPE, 2021-2028 ($ MILLION)
  • 20. NORTH AMERICAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY CONNECTION, 2021-2028 ($ MILLION)
  • 21. NORTH AMERICAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
  • 22. NORTH AMERICAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
  • 23. EUROPEAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
  • 24. EUROPEAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY INSTALLATION TYPE, 2021-2028 ($ MILLION)
  • 25. EUROPEAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY CONNECTION, 2021-2028 ($ MILLION)
  • 26. EUROPEAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
  • 27. EUROPEAN SHORE POWER MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
  • 28. ASIA-PACIFIC SHORE POWER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
  • 29. ASIA-PACIFIC SHORE POWER MARKET RESEARCH AND ANALYSIS BY INSTALLATION TYPE, 2021-2028 ($ MILLION)
  • 30. ASIA-PACIFIC SHORE POWER MARKET RESEARCH AND ANALYSIS BY CONNECTION, 2021-2028 ($ MILLION)
  • 31. ASIA-PACIFIC SHORE POWER MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
  • 32. ASIA-PACIFIC SHORE POWER MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)
  • 33. REST OF THE WORLD SHORE POWER MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
  • 34. REST OF THE WORLD SHORE POWER MARKET RESEARCH AND ANALYSIS BY INSTALLATION TYPE, 2021-2028 ($ MILLION)
  • 35. REST OF THE WORLD SHORE POWER MARKET RESEARCH AND ANALYSIS BY CONNECTION, 2021-2028 ($ MILLION)
  • 36. REST OF THE WORLD SHORE POWER MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
  • 37. REST OF THE WORLD SHORE POWER MARKET RESEARCH AND ANALYSIS BY POWER RATING, 2021-2028 ($ MILLION)

LIST OF FIGURES

  • 1. IMPACT OF COVID-19 ON GLOBAL SHORE POWER MARKET, 2021-2028 ($ MILLION)
  • 2. IMPACT OF COVID-19 ON GLOBAL SHORE POWER MARKET BY SEGMENT, 2021-2028 ($ MILLION)
  • 3. RECOVERY OF GLOBAL SHORE POWER MARKET, 2022-2028 (%)
  • 4. GLOBAL SHORE POWER MARKET SHARE BY INSTALLATION TYPE, 2021 VS 2028 (%)
  • 5. GLOBAL SHORE POWER BY SHORESIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 6. GLOBAL SHORE POWER BY SHIPSIDE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 7. GLOBAL SHORE POWER MARKET SHARE BY CONNECTION, 2021 VS 2028 (%)
  • 8. GLOBAL SHORE POWER BY NEW INSTALLATION MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 9. GLOBAL SHORE POWER BY RETROFIT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 10. GLOBAL SHORE POWER MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
  • 11. GLOBAL SHORE POWER BY TRANSFORMERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 12. GLOBAL SHORE POWER BY SWITCHGEAR DEVICES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 13. GLOBAL SHORE POWER BY FREQUENCY CONVERTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 14. GLOBAL SHORE POWER BY CABLES AND ACCESSORIES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 15. GLOBAL SHORE POWER BY OTHERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 16. GLOBAL SHORE POWER MARKET SHARE BY POWER RATING, 2021 VS 2028 (%)
  • 17. GLOBAL SHORE POWER BY UP TO 30 MVA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 18. GLOBAL SHORE POWER BY 30-60 MVA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 19. GLOBAL SHORE POWER BY ABOVE 60 MVA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 20. GLOBAL SHORE POWER MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
  • 21. US SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 22. CANADA SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 23. UK SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 24. FRANCE SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 25. GERMANY SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 26. ITALY SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 27. SPAIN SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 28. REST OF EUROPE SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 29. INDIA SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 30. CHINA SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 31. JAPAN SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 32. SOUTH KOREA SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 33. REST OF ASIA-PACIFIC SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
  • 34. REST OF THE WORLD SHORE POWER MARKET SIZE, 2021-2028 ($ MILLION)
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Christine Sirois

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