PUBLISHER: The Business Research Company | PRODUCT CODE: 2133827
PUBLISHER: The Business Research Company | PRODUCT CODE: 2133827
An onboard carbon capture system refers to an integrated technology installed on ships and other marine vessels to capture carbon dioxide emissions generated through fuel combustion. It functions by separating carbon dioxide from engine exhaust gases, compressing the captured emissions, and securely storing them onboard until they can be transferred at port facilities. These systems assist the maritime industry in lowering greenhouse gas emissions without requiring immediate modifications to existing vessel engines or fuel systems.
The primary components and systems of onboard carbon capture systems include capture units, compressors and liquefaction units, storage cylinders, and filtration systems. Capture units are system components designed to separate and isolate carbon dioxide from emission sources for subsequent storage or utilization. The associated services include installation, maintenance, retrofitting, monitoring, engineering consulting, system integration, and testing and inspection. These systems are utilized across vessel types such as commercial cargo ships, passenger ships, tankers, and offshore support vessels, serving key end-user industries including shipping and maritime, aviation, freight and logistics, energy and utilities, and oil and gas.
Tariffs are influencing the onboard carbon capture system market by increasing the costs of imported compressors, capture units, storage cylinders, filtration modules, and monitoring electronics used in marine installations. Ship operators in Europe and North America are particularly affected because of their reliance on specialized imported equipment, while Asia-Pacific is experiencing cost pressures across shipbuilding and retrofit projects. These tariffs are increasing capital expenditure and slowing the initial adoption of onboard carbon capture systems. However, they are also encouraging localized system assembly, regional engineering partnerships, and increased investment in domestic marine decarbonization technologies.
The onboard carbon capture system market research report is one of a series of new reports from The Business Research Company that provides onboard carbon capture system market statistics, including onboard carbon capture system industry global market size, regional shares, competitors with a onboard carbon capture system market share, detailed onboard carbon capture system market segments, market trends and opportunities, and any further data you may need to thrive in the onboard carbon capture system industry. This onboard carbon capture system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The onboard carbon capture system market size has grown exponentially in recent years. It will grow from $0.26 billion in 2025 to $0.32 billion in 2026 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to increasingly stringent maritime emission regulations, growing pressure to decarbonize shipping fleets, rising adoption of exhaust treatment systems, expanding emphasis on low-carbon maritime operations, and increasing awareness of environmental compliance requirements.
The onboard carbon capture system market size is expected to see exponential growth in the next few years. It will grow to $0.67 billion in 2030 at a compound annual growth rate (CAGR) of 20.8%. The growth in the forecast period can be attributed to increasing global carbon reduction mandates, rising investments in onboard decarbonization technologies, growing adoption of retrofittable carbon capture solutions, expanding deployment of carbon capture pilot projects for large vessels, and increasing focus on carbon intensity reduction targets. Major trends in the forecast period include advancements in compact carbon capture technologies, innovations in marine carbon dioxide storage systems, development of energy-efficient absorption materials, increasing research and development in solvent and sorbent chemistry, and progress in modular onboard carbon capture designs.
The increasing adoption of carbon capture technologies in transport and mobile sources is expected to propel the growth of the onboard carbon capture system market going forward. Transport carbon capture adoption refers to the increasing use of systems and protocols that capture carbon dioxide emissions directly from vehicles, ships, or mobile power units at the point of generation to reduce greenhouse gas emissions. The increasing adoption of carbon capture technologies in transport and mobile sources is driven by tightening global emission standards and decarbonization targets that encourage operators to reduce tailpipe carbon dioxide emissions while continuing to operate existing vehicle fleets. The onboard carbon capture system market supports the adoption of carbon capture technologies in transport and mobile sources by developing and deploying carbon dioxide capture technologies that can be integrated with mobile emission sources to meet emissions targets and regulatory requirements. For instance, in March 2024, according to the International Energy Agency, a France-based intergovernmental organization, carbon dioxide capture capacity for 2030 increased by 35% in 2023, while storage capacity increased by 70%, bringing total capture potential to more than 430 million tonnes per year and storage capacity to approximately 620 million tonnes of carbon dioxide per year. Therefore, the increasing adoption of transport carbon capture technologies is driving the growth of the onboard carbon capture system market.
The increasing demand for emissions reduction in shipping and aviation is expected to drive the growth of the onboard carbon capture system market going forward. Emissions reduction demand refers to the growing global emphasis on lowering greenhouse gas emissions from sectors that make significant contributions to climate change, including transportation sectors such as shipping and aviation. The demand for emissions reduction in shipping and aviation is increasing as international regulations and climate targets increasingly require operators to reduce greenhouse gas emissions, while customers and investors are also demanding demonstrably cleaner transportation options. Onboard carbon capture systems support emissions reduction in shipping and aviation by providing technologies that capture CO2 directly at the point of emission from vessels and aircraft, enabling operators to meet increasingly stringent emissions targets. For instance, in July 2023, according to the International Maritime Organization (IMO), a UK-based United Nations specialized agency, the 2023 IMO Strategy on Reduction of GHG Emissions from ships established targets to reduce carbon intensity by at least 40% by 2030, compared with 35% in 2022, and achieve net-zero greenhouse gas emissions by around 2050, highlighting a clear year-over-year increase in ambition for decarbonization in the shipping sector. Therefore, the increasing demand for emissions reduction in shipping and aviation is driving the growth of the onboard carbon capture system market.
Key companies operating in the onboard carbon capture system market are focusing on developing innovative solutions, such as commercially available onboard carbon capture and storage systems for ships, to reduce carbon dioxide emissions at the point of combustion, support regulatory compliance, and advance maritime decarbonization. Commercial onboard carbon capture systems are technologies that capture carbon dioxide directly from vessel exhaust, store it onboard for later offloading or utilization, and enable shipowners to lower emissions without immediately switching to alternative fuels. For example, in May 2025, Wartsila, a Finland-based marine technology company, launched its commercially available onboard carbon capture solution. This system was validated through a full-scale installation trial onboard the Clipper Eris ethylene carrier and is designed to reduce vessel carbon dioxide emissions by up to 70 percent while integrating seamlessly with conventional fuel engines and existing exhaust treatment systems. This launch represents a significant technological advancement by bringing operational carbon capture and storage capability to commercial vessels, bridging trial-scale demonstrations with real-world deployment, and offering a scalable, efficient solution for maritime emissions reduction.
Major companies operating in the onboard carbon capture system market are Shell Plc, TotalEnergies, Equinor ASA, Mitsubishi Heavy Industries Ltd., Baker Hughes Co., Mitsui O.S.K. Lines, Wartsila Corporation, Samsung Heavy Industries Co. Ltd., Hanwha Ocean Co. Ltd., Chart Industries Inc., Kawasaki Heavy Industries Ltd., Carbon Clean Solutions Ltd., DESMI, Linde Engineering, Alfa Laval Inc., Panasia Japan Corp., MAN Energy Solutions, Langh Tech, Capsol Technologies ASA, EverLoNG Project Consortium
North America was the largest region in the onboard carbon capture system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the onboard carbon capture system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the onboard carbon capture system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The onboard carbon capture system market consists of revenues earned by entities by providing services such as installation services, maintenance services, engineering consulting, retrofit integration services, and carbon dioxide handling services. The market value includes the value of related goods sold by the service provider or included within the service offering. The onboard carbon capture system market also includes sales of carbon capture units, absorption modules, exhaust gas scrubbers, carbon dioxide compression units, and onboard storage tanks. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Onboard Carbon Capture System Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses onboard carbon capture system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for onboard carbon capture system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The onboard carbon capture system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.