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Synopsis
Wave power is the capture of energy of wind waves to do useful work – for example, electricity generation , water desalination , or pumping water. Tidal power, also called tidal energy, is a form of hydropower that converts the energy obtained from tides into useful forms of power, mainly electricity.
The global Wave and Tidal Energy market size is expected to reach US$ 13690 million by 2029, growing at a CAGR of 10.1% from 2023 to 2029. The market is mainly driven by the significant applications of Wave and Tidal Energy in various end use industries. The expanding demands from the Commercial, Residential and Others,, are propelling Wave and Tidal Energy market. Wave Energy, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Tidal Energy segment is estimated at % CAGR for the next seven-year period.
The focus on developing new renewable energy resources has increased so as to reduce carbon emissions and to provide constant power to the ever growing power demand.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Wave and Tidal Energy, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Wave and Tidal Energy market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Wave and Tidal Energy market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Wave and Tidal Energy sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Wave and Tidal Energy covered in this report include Atlantis Resources Corp, AW-Energy, AWS Ocean Energy, Andritz Hydro Hammerfest, BioPower Systems, Kepler Energy Limited, Minesto, Ocean Power Technologies and Pelamis Wave Power Limited, etc.
The global Wave and Tidal Energy market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Wave and Tidal Energy market, by region:
Global Wave and Tidal Energy market, Segment by Type:
Global Wave and Tidal Energy market, by Application
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Wave and Tidal Energy companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index
1 Market Overview of Wave and Tidal Energy
1.1 Wave and Tidal Energy Market Overview
1.1.1 Wave and Tidal Energy Product Scope
1.1.2 Wave and Tidal Energy Market Status and Outlook
1.2 Global Wave and Tidal Energy Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Wave and Tidal Energy Market Size by Region (2018-2029)
1.4 Global Wave and Tidal Energy Historic Market Size by Region (2018-2023)
1.5 Global Wave and Tidal Energy Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Wave and Tidal Energy Market Size (2018-2029)
1.6.1 North America Wave and Tidal Energy Market Size (2018-2029)
1.6.2 Europe Wave and Tidal Energy Market Size (2018-2029)
1.6.3 Asia-Pacific Wave and Tidal Energy Market Size (2018-2029)
1.6.4 Latin America Wave and Tidal Energy Market Size (2018-2029)
1.6.5 Middle East & Africa Wave and Tidal Energy Market Size (2018-2029)
2 Wave and Tidal Energy Market by Type
2.1 Introduction
2.1.1 Wave Energy
2.1.2 Tidal Energy
2.2 Global Wave and Tidal Energy Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Wave and Tidal Energy Historic Market Size by Type (2018-2023)
2.2.2 Global Wave and Tidal Energy Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Wave and Tidal Energy Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Wave and Tidal Energy Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Wave and Tidal Energy Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Wave and Tidal Energy Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Wave and Tidal Energy Revenue Breakdown by Type (2018-2029)
3 Wave and Tidal Energy Market Overview by Application
3.1 Introduction
3.1.1 Commercial
3.1.2 Residential
3.1.3 Others
3.2 Global Wave and Tidal Energy Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Wave and Tidal Energy Historic Market Size by Application (2018-2023)
3.2.2 Global Wave and Tidal Energy Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Wave and Tidal Energy Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Wave and Tidal Energy Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Wave and Tidal Energy Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Wave and Tidal Energy Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Wave and Tidal Energy Revenue Breakdown by Application (2018-2029)
4 Wave and Tidal Energy Competition Analysis by Players
4.1 Global Wave and Tidal Energy Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Wave and Tidal Energy as of 2022)
4.3 Date of Key Players Enter into Wave and Tidal Energy Market
4.4 Global Top Players Wave and Tidal Energy Headquarters and Area Served
4.5 Key Players Wave and Tidal Energy Product Solution and Service
4.6 Competitive Status
4.6.1 Wave and Tidal Energy Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Atlantis Resources Corp
5.1.1 Atlantis Resources Corp Profile
5.1.2 Atlantis Resources Corp Main Business
5.1.3 Atlantis Resources Corp Wave and Tidal Energy Products, Services and Solutions
5.1.4 Atlantis Resources Corp Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.1.5 Atlantis Resources Corp Recent Developments
5.2 AW-Energy
5.2.1 AW-Energy Profile
5.2.2 AW-Energy Main Business
5.2.3 AW-Energy Wave and Tidal Energy Products, Services and Solutions
5.2.4 AW-Energy Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.2.5 AW-Energy Recent Developments
5.3 AWS Ocean Energy
5.3.1 AWS Ocean Energy Profile
5.3.2 AWS Ocean Energy Main Business
5.3.3 AWS Ocean Energy Wave and Tidal Energy Products, Services and Solutions
5.3.4 AWS Ocean Energy Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.3.5 Andritz Hydro Hammerfest Recent Developments
5.4 Andritz Hydro Hammerfest
5.4.1 Andritz Hydro Hammerfest Profile
5.4.2 Andritz Hydro Hammerfest Main Business
5.4.3 Andritz Hydro Hammerfest Wave and Tidal Energy Products, Services and Solutions
5.4.4 Andritz Hydro Hammerfest Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.4.5 Andritz Hydro Hammerfest Recent Developments
5.5 BioPower Systems
5.5.1 BioPower Systems Profile
5.5.2 BioPower Systems Main Business
5.5.3 BioPower Systems Wave and Tidal Energy Products, Services and Solutions
5.5.4 BioPower Systems Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.5.5 BioPower Systems Recent Developments
5.6 Kepler Energy Limited
5.6.1 Kepler Energy Limited Profile
5.6.2 Kepler Energy Limited Main Business
5.6.3 Kepler Energy Limited Wave and Tidal Energy Products, Services and Solutions
5.6.4 Kepler Energy Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.6.5 Kepler Energy Limited Recent Developments
5.7 Minesto
5.7.1 Minesto Profile
5.7.2 Minesto Main Business
5.7.3 Minesto Wave and Tidal Energy Products, Services and Solutions
5.7.4 Minesto Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.7.5 Minesto Recent Developments
5.8 Ocean Power Technologies
5.8.1 Ocean Power Technologies Profile
5.8.2 Ocean Power Technologies Main Business
5.8.3 Ocean Power Technologies Wave and Tidal Energy Products, Services and Solutions
5.8.4 Ocean Power Technologies Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.8.5 Ocean Power Technologies Recent Developments
5.9 Pelamis Wave Power Limited
5.9.1 Pelamis Wave Power Limited Profile
5.9.2 Pelamis Wave Power Limited Main Business
5.9.3 Pelamis Wave Power Limited Wave and Tidal Energy Products, Services and Solutions
5.9.4 Pelamis Wave Power Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.9.5 Pelamis Wave Power Limited Recent Developments
5.10 Seabased AB
5.10.1 Seabased AB Profile
5.10.2 Seabased AB Main Business
5.10.3 Seabased AB Wave and Tidal Energy Products, Services and Solutions
5.10.4 Seabased AB Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.10.5 Seabased AB Recent Developments
5.11 Trident Energy
5.11.1 Trident Energy Profile
5.11.2 Trident Energy Main Business
5.11.3 Trident Energy Wave and Tidal Energy Products, Services and Solutions
5.11.4 Trident Energy Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.11.5 Trident Energy Recent Developments
5.12 Wave Dragon
5.12.1 Wave Dragon Profile
5.12.2 Wave Dragon Main Business
5.12.3 Wave Dragon Wave and Tidal Energy Products, Services and Solutions
5.12.4 Wave Dragon Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.12.5 Wave Dragon Recent Developments
5.13 Wave Star Energy A/S
5.13.1 Wave Star Energy A/S Profile
5.13.2 Wave Star Energy A/S Main Business
5.13.3 Wave Star Energy A/S Wave and Tidal Energy Products, Services and Solutions
5.13.4 Wave Star Energy A/S Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.13.5 Wave Star Energy A/S Recent Developments
5.14 Wello Oy
5.14.1 Wello Oy Profile
5.14.2 Wello Oy Main Business
5.14.3 Wello Oy Wave and Tidal Energy Products, Services and Solutions
5.14.4 Wello Oy Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.14.5 Wello Oy Recent Developments
5.15 Ocean Renewable Power Company
5.15.1 Ocean Renewable Power Company Profile
5.15.2 Ocean Renewable Power Company Main Business
5.15.3 Ocean Renewable Power Company Wave and Tidal Energy Products, Services and Solutions
5.15.4 Ocean Renewable Power Company Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.15.5 Ocean Renewable Power Company Recent Developments
5.16 Carnegie Clean Energy Limited
5.16.1 Carnegie Clean Energy Limited Profile
5.16.2 Carnegie Clean Energy Limited Main Business
5.16.3 Carnegie Clean Energy Limited Wave and Tidal Energy Products, Services and Solutions
5.16.4 Carnegie Clean Energy Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.16.5 Carnegie Clean Energy Limited Recent Developments
5.17 CorPower Ocean AB
5.17.1 CorPower Ocean AB Profile
5.17.2 CorPower Ocean AB Main Business
5.17.3 CorPower Ocean AB Wave and Tidal Energy Products, Services and Solutions
5.17.4 CorPower Ocean AB Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.17.5 CorPower Ocean AB Recent Developments
5.18 Nautricity Limited
5.18.1 Nautricity Limited Profile
5.18.2 Nautricity Limited Main Business
5.18.3 Nautricity Limited Wave and Tidal Energy Products, Services and Solutions
5.18.4 Nautricity Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.18.5 Nautricity Limited Recent Developments
5.19 Openhydro
5.19.1 Openhydro Profile
5.19.2 Openhydro Main Business
5.19.3 Openhydro Wave and Tidal Energy Products, Services and Solutions
5.19.4 Openhydro Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.19.5 Openhydro Recent Developments
5.20 Seatricity Limited
5.20.1 Seatricity Limited Profile
5.20.2 Seatricity Limited Main Business
5.20.3 Seatricity Limited Wave and Tidal Energy Products, Services and Solutions
5.20.4 Seatricity Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.20.5 Seatricity Limited Recent Developments
5.21 ScottishPower Renewables Limited
5.21.1 ScottishPower Renewables Limited Profile
5.21.2 ScottishPower Renewables Limited Main Business
5.21.3 ScottishPower Renewables Limited Wave and Tidal Energy Products, Services and Solutions
5.21.4 ScottishPower Renewables Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.21.5 ScottishPower Renewables Limited Recent Developments
5.22 Tocardo International BV
5.22.1 Tocardo International BV Profile
5.22.2 Tocardo International BV Main Business
5.22.3 Tocardo International BV Wave and Tidal Energy Products, Services and Solutions
5.22.4 Tocardo International BV Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.22.5 Tocardo International BV Recent Developments
5.23 Voith Hydro
5.23.1 Voith Hydro Profile
5.23.2 Voith Hydro Main Business
5.23.3 Voith Hydro Wave and Tidal Energy Products, Services and Solutions
5.23.4 Voith Hydro Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.23.5 Voith Hydro Recent Developments
5.24 Aquamarine Power Limited
5.24.1 Aquamarine Power Limited Profile
5.24.2 Aquamarine Power Limited Main Business
5.24.3 Aquamarine Power Limited Wave and Tidal Energy Products, Services and Solutions
5.24.4 Aquamarine Power Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.24.5 Aquamarine Power Limited Recent Developments
5.25 Mako Tidal Turbines
5.25.1 Mako Tidal Turbines Profile
5.25.2 Mako Tidal Turbines Main Business
5.25.3 Mako Tidal Turbines Wave and Tidal Energy Products, Services and Solutions
5.25.4 Mako Tidal Turbines Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.25.5 Mako Tidal Turbines Recent Developments
5.26 Nova Innovation Limited
5.26.1 Nova Innovation Limited Profile
5.26.2 Nova Innovation Limited Main Business
5.26.3 Nova Innovation Limited Wave and Tidal Energy Products, Services and Solutions
5.26.4 Nova Innovation Limited Wave and Tidal Energy Revenue (US$ Million) & (2018-2023)
5.26.5 Nova Innovation Limited Recent Developments
6 North America
6.1 North America Wave and Tidal Energy Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Wave and Tidal Energy Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Wave and Tidal Energy Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Wave and Tidal Energy Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Wave and Tidal Energy Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Wave and Tidal Energy Market Dynamics
11.1 Wave and Tidal Energy Industry Trends
11.2 Wave and Tidal Energy Market Drivers
11.3 Wave and Tidal Energy Market Challenges
11.4 Wave and Tidal Energy Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research