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The wave and tidal energy market is forecasted to grow by USD 1398.86 million during 2023-2028, accelerating at a CAGR of 29.47% during the forecast period. The report on the wave and tidal energy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in global energy demand, rising government support for adoption of renewable energy, and increase in investments in clean energy technologies.
The wave and tidal energy market is segmented as below:
By Application
- Power generation
- Desalination
By Type
- Wave Energy
- Tidal Energy
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the wave and tidal energy market covers the following areas:
- Wave and tidal energy market sizing
- Wave and tidal energy market forecast
- Wave and tidal energy market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global wave and tidal energy market: Andritz AG, Aquagen Technologies Inc., BioPower Systems Pty Ltd., Blue Energy Canada Inc., Carnegie Clean Energy Ltd., CorPower Ocean, Eco Wave Power Global AB, Mocean Energy Ltd., Nova Innovation Ltd., Ocean Power Technologies Inc., Ocean Renewable Power Co. Inc., Orbital Marine Power, Simec Atlantis Energy Ltd., SINN Power GmbH, SSE Plc, Storage and Display Equipment Ltd., Tenax Energy Solutions, TOCARDO B.V., Verdant Power Inc., and Wello Oy.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising popularity of clean energy technologies.'
According to the report, one of the major drivers for this market is the rise in global energy demand.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Andritz AG
- Aquagen Technologies Inc.
- BioPower Systems Pty Ltd.
- Blue Energy Canada Inc.
- Carnegie Clean Energy Ltd.
- CorPower Ocean
- Eco Wave Power Global AB
- Mocean Energy Ltd.
- Nova Innovation Ltd.
- Ocean Power Technologies Inc.
- Ocean Renewable Power Co. Inc.
- Orbital Marine Power
- Simec Atlantis Energy Ltd.
- SINN Power GmbH
- SSE Plc
- Storage and Display Equipment Ltd.
- Tenax Energy Solutions
- TOCARDO B.V.
- Verdant Power Inc.
- Wello Oy