The report on the global wave and tidal energy market provides qualitative and quantitative analysis for the period from 2021-2030. The global wave and tidal energy market was valued at USD 564.46 million in 2022 and is expected to reach USD 1,152.83 million in 2030, with a CAGR of 9.34% during the forecast period 2023-2030. The study on wave and tidal energy market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2021-2030.
The report on wave and tidal energy market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wave and tidal energy market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global wave and tidal energy market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
2. Complete coverage of all the segments in the wave and tidal energy market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global wave and tidal energy market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
The report on wave and tidal energy market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wave and tidal energy market over the period of 2021-2030. Moreover, the report is a collective presentation of primary and secondary research findings.
Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global wave and tidal energy market over the period of 2021-2030. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.
Report Findings
1) Drivers
- Growing demand for renewable energy sources and carbon reduction goals are driving the wave and tidal energy market.
- Growing concerns about climate change and the need for cleaner energy sources are driving interest in wave and tidal energy.
2) Restraints
- High installation and maintenance costs are a significant restraint for the wave and tidal energy market.
3) Opportunities
- Advances in technology and government incentives present opportunities for growth in the wave and tidal energy market.
Research Methodology
A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry
The primary research respondents typically include
1. Executives working with leading companies in the market under review2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.The secondary sources of the data typically include
1. Company reports and publications2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies
Segment Covered
The global wave and tidal energy market is segmented on the basis of type, technology, and application.The Global Wave and Tidal Energy Market by Type
- Wave Energy
- Tidal Energy
The Global Wave and Tidal Energy Market by Technology
- Tidal Stream Generator
- Oscillating Water Columns
- Tidal Turbines
- Barrages
- Tidal Fences
The Global Wave and Tidal Energy Market by Application
- Power Generation
- Desalination
Company Profiles
The companies covered in the report include
- Tocardo B.V.
- Orbital Marine Power.
- Carnegie Clean Energy
- Eco Wave Power Ltd.
- Ocean Power Technologies, Inc.
- Minesto AB
- Nova
- Verdant Power, Inc.
- Ocean Energy Europe
- Company 10
What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the wave and tidal energy market.2. Complete coverage of all the segments in the wave and tidal energy market to analyze the trends, developments in the global market and forecast of market size up to 2030.
3. Comprehensive analysis of the companies operating in the global wave and tidal energy market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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Table of Contents
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Global Wave and Tidal Energy Market Overview
Chapter 5. Company Profiles and Competitive Landscape
Chapter 6. Global Wave and Tidal Energy Market by Type
Chapter 7. Global Wave and Tidal Energy Market by Technology
Chapter 8. Global Wave and Tidal Energy Market by Application
Chapter 9. Global Wave and Tidal Energy Market by Region 2023-2030
Companies Mentioned
- Tocardo B.V.
- Orbital Marine Power.
- Carnegie Clean Energy
- Eco Wave Power Ltd.
- Ocean Power Technologies, Inc.
- Minesto AB
- Nova
- Verdant Power, Inc.
- Ocean Energy Europe
- Company 10
