Wave & Tidal Energy Market by Product (Barrage, Oscillating Water Columns, Pendulum Device), End-User (Commercial, Industrial, Residential) - Global Forecast 2024-2030

Wave & Tidal Energy Market by Product (Barrage, Oscillating Water Columns, Pendulum Device), End-User (Commercial, Industrial, Residential) - Global Forecast 2024-2030


The Wave & Tidal Energy Market size was estimated at USD 8.83 billion in 2023 and expected to reach USD 10.87 billion in 2024, at a CAGR 23.17% to reach USD 38.00 billion by 2030.

Global Wave & Tidal Energy Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Wave & Tidal 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 & Tidal 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 & Tidal Energy Market, highlighting leading vendors and their innovative profiles. These include Andritz Hydro Hammerfest, Atlantis Resources Corp., AW-Energy, AWS Ocean Energy, BAUER Renewables, BioPower Systems, Blue Energy Canada, Flumill, General Electric Company, Kepler Energy Limited, Mako Tidal Turbines, Minesto, Nova Innovation Limited, Ocean Power Technologies, OpenHydro Group, Tocardo International BV, and Verdant Power.

Market Segmentation & Coverage

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

Product
Barrage
Oscillating Water Columns
Pendulum Device
End-User
Commercial
Industrial
Residential
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 & Tidal Energy Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Wave & Tidal Energy Market?
3. What are the technology trends and regulatory frameworks in the Wave & Tidal Energy Market?
4. What is the market share of the leading vendors in the Wave & Tidal Energy Market?
5. Which modes and strategic moves are suitable for entering the Wave & Tidal 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 & Tidal Energy Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Government support for low-carbon economy
5.1.1.2. Constant demand and investment in the renewable energy
5.1.1.3. Advances in wave energy converter technologies
5.1.1.4. Increasing power demand with increasing industrialization and urbanization
5.1.2. Restraints
5.1.2.1. Lack of grid parity
5.1.2.2. Tidal power systems are expensive to develop and deploy
5.1.3. Opportunities
5.1.3.1. Increasing investment in green energy initiatives
5.1.3.2. R&D developments barrage tidal range technology
5.1.4. Challenges
5.1.4.1. Environmental concerns such as a coastal barrage for tidal energy may upset an estuarine ecosystem
5.1.4.2. Tidal power abundancy at specific times of day
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 & Tidal Energy Market, by Product
6.1. Introduction
6.2. Barrage
6.3. Oscillating Water Columns
6.4. Pendulum Device
7. Wave & Tidal Energy Market, by End-User
7.1. Introduction
7.2. Commercial
7.3. Industrial
7.4. Residential
8. Americas Wave & Tidal Energy Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Wave & Tidal Energy Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Wave & Tidal Energy Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Andritz Hydro Hammerfest
12.1.2. Atlantis Resources Corp.
12.1.3. AW-Energy
12.1.4. AWS Ocean Energy
12.1.5. BAUER Renewables
12.1.6. BioPower Systems
12.1.7. Blue Energy Canada
12.1.8. Flumill
12.1.9. General Electric Company
12.1.10. Kepler Energy Limited
12.1.11. Mako Tidal Turbines
12.1.12. Minesto
12.1.13. Nova Innovation Limited
12.1.14. Ocean Power Technologies
12.1.15. OpenHydro Group
12.1.16. Tocardo International BV
12.1.17. Verdant Power
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. WAVE & TIDAL ENERGY MARKET RESEARCH PROCESS
FIGURE 2. WAVE & TIDAL ENERGY MARKET SIZE, 2023 VS 2030
FIGURE 3. WAVE & TIDAL ENERGY MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. WAVE & TIDAL ENERGY MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. WAVE & TIDAL ENERGY MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. WAVE & TIDAL ENERGY MARKET DYNAMICS
FIGURE 7. WAVE & TIDAL ENERGY MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. WAVE & TIDAL ENERGY MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. WAVE & TIDAL ENERGY MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 10. WAVE & TIDAL ENERGY MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES WAVE & TIDAL ENERGY MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES WAVE & TIDAL ENERGY MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA WAVE & TIDAL ENERGY MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. WAVE & TIDAL ENERGY MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. WAVE & TIDAL ENERGY MARKET SHARE, BY KEY PLAYER, 2023

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