Wave Energy Market by Technology (Oscillating Body Converters, Oscillating Water Column, Overtopping Converters), Location (Near Shore, Offshore, Onshore), Application - Global Forecast 2024-2030

Wave Energy Market by Technology (Oscillating Body Converters, Oscillating Water Column, Overtopping Converters), Location (Near Shore, Offshore, Onshore), Application - Global Forecast 2024-2030


The Wave Energy Market size was estimated at USD 299.86 million in 2023 and expected to reach USD 350.80 million in 2024, at a CAGR 17.47% to reach USD 925.76 million by 2030.

Global Wave Energy Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wave Energy Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Wave Energy Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Wave Energy Market, highlighting leading vendors and their innovative profiles. These include Able Technologies, L.L.C., Aquagen Technologies, Inc., Aquamarine Power Ltd., Atlantis Resources Ltd., AWS Ocean Energy Ltd., Carnegie Clean Energy Limited, CorPower Ocean, D.E. Energy Ltd., Eco Wave Power, Mocean Energy, NEMOS GmbH, Ocean Power Technologies, Orbital Marine Power, Simec Atlantis Energy, SINN Power GmbH, and Wave Swell Energy Ltd.

Market Segmentation & Coverage

This research report categorizes the Wave Energy Market to forecast the revenues and analyze trends in each of the following sub-markets:

Technology
Oscillating Body Converters
Oscillating Water Column
Overtopping Converters
Location
Near Shore
Offshore
Onshore
Application
Environmental Protection
Power Generation
Water Desalination
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Wave Energy Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wave Energy Market?
3. What are the technology trends and regulatory frameworks in the Wave Energy Market?
4. What is the market share of the leading vendors in the Wave Energy Market?
5. Which modes and strategic moves are suitable for entering the Wave Energy Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Wave Energy Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing adoption of renewable energy generation in various applications
5.1.1.2. Increase in demand for electricity from coastal communities
5.1.1.3. Government initiatives supporting the use of wave energy
5.1.2. Restraints
5.1.2.1. Suitable for limited locations
5.1.3. Opportunities
5.1.3.1. Increase in demand for power from the marine industry
5.1.3.2. Rise in R&D activities on extracting wave energy efficiently
5.1.4. Challenges
5.1.4.1. Highly dependent on weather conditions
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Wave Energy Market, by Technology
6.1. Introduction
6.2. Oscillating Body Converters
6.3. Oscillating Water Column
6.4. Overtopping Converters
7. Wave Energy Market, by Location
7.1. Introduction
7.2. Near Shore
7.3. Offshore
7.4. Onshore
8. Wave Energy Market, by Application
8.1. Introduction
8.2. Environmental Protection
8.3. Power Generation
8.4. Water Desalination
9. Americas Wave Energy Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Wave Energy Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Wave Energy Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Able Technologies, L.L.C.
13.1.2. Aquagen Technologies, Inc.
13.1.3. Aquamarine Power Ltd.
13.1.4. Atlantis Resources Ltd.
13.1.5. AWS Ocean Energy Ltd.
13.1.6. Carnegie Clean Energy Limited
13.1.7. CorPower Ocean
13.1.8. D.E. Energy Ltd.
13.1.9. Eco Wave Power
13.1.10. Mocean Energy
13.1.11. NEMOS GmbH
13.1.12. Ocean Power Technologies
13.1.13. Orbital Marine Power
13.1.14. Simec Atlantis Energy
13.1.15. SINN Power GmbH
13.1.16. Wave Swell Energy Ltd
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. WAVE ENERGY MARKET RESEARCH PROCESS
FIGURE 2. WAVE ENERGY MARKET SIZE, 2023 VS 2030
FIGURE 3. WAVE ENERGY MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. WAVE ENERGY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. WAVE ENERGY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. WAVE ENERGY MARKET DYNAMICS
FIGURE 7. WAVE ENERGY MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 8. WAVE ENERGY MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. WAVE ENERGY MARKET SIZE, BY LOCATION, 2023 VS 2030 (%)
FIGURE 10. WAVE ENERGY MARKET SIZE, BY LOCATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. WAVE ENERGY MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. WAVE ENERGY MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES WAVE ENERGY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES WAVE ENERGY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA WAVE ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. WAVE ENERGY MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. WAVE ENERGY MARKET SHARE, BY KEY PLAYER, 2023

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