Ocean Power Technologies Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Ocean Power Technologies

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Ocean Power Technologies Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	335 Electrical Equipment, Appliance & Component Manufacturing
Additional NAICS Codes	23713 Power & Communication Line Construction 335312 Motor & Generator Manufacturing 5417 Scientific Research & Development Services
Address	28 Engelhard Drive Monroe Township, NJ 08831

Ocean Power Technologies's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Ocean Power Technologies's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Ocean Power Technologies is classified as operating in the Electrical Equipment, Appliance & Component Manufacturing industry, NAICS Code 335.

Ocean Power Technologies is a publicly traded company on NCM using the ticker symbol OPTT. Detailed information on company financials and operating reports can be found here: NCM: OPTT

Ocean Power Technologies Annual Revenue and Growth Rate

Ocean Power Technologies	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Ocean Power Technologies's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that Ocean Power Technologies is developing and marketing. Ocean Power Technologies doesn't have any recent trademark applications, indicating Ocean Power Technologies is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
OPTMICROBUOY ELECTRIC GENERATOR IN A BUOY FOR POWERING ELECTRONIC DEVICES LOCATED ON OR WITHIN THE BUOY	10/14/2012
PB-VUE Computer hardware including sensors and operating software for controlling transducers and energy converters on or in a power buoy for converting ocean wave energy into mechanical and electrical energy	07/30/2012

See all trademarks and details in the Full Report.

Market Share of Ocean Power Technologies's Largest Competitors

A competitive analysis shows these companies are in the same general field as Ocean Power Technologies, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
GENERAL ELECTRIC	Boston, MA	100
RAYTHEON	Waltham, MA	72
AVENTICS	Lexington, KY	51
DANAHER	Washington, DC	40
ADT	Boca Raton, FL	31
ROCKWELL COLLINS OPTRONICS	Cedar Rapids, IA	28
WHIRLPOOL	Benton Harbor, MI	26
SCHNEIDER ELECTRIC SYSTEMS USA	Foxboro, MA	24
TEXAS INSTRUMENTS	Dallas, TX	19

Nearby Competitors

These companies are similar in business line and location to Ocean Power Technologies. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
PRECISION GRAPHICS	Somerville, NJ	100
SOMFY SYSTEMS	Dayton, NJ	90
MAGNA-POWER ELECTRONICS	Flemington, NJ	72
OCEAN POWER TECHNOLOGIES	Monroe Township, NJ	38
BLONDER TONGUE LABORATORIES	Old Bridge, NJ	35
HUNTERDON TRANSFORMER	Alpha, NJ	28

Future Competition: Ocean Power Technologies's Fastest Growing Competitors

These companies are in the same general field as Ocean Power Technologies and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)