Global Ocean Power Competitive Landscape Professional Research Report 2025

Research Summary

Ocean power, also known as marine or ocean energy, refers to the harnessing and utilization of renewable energy derived from the ocean’s various resources and phenomena. It encompasses a range of technologies that capture the energy potential of the ocean, including tidal energy, wave energy, ocean current energy, ocean thermal energy conversion (OTEC), and salinity gradient energy. Tidal energy harnesses the gravitational pull of the moon and sun to generate electricity from tidal movements, while wave energy captures the kinetic energy of ocean waves. Ocean current energy utilizes the power of ocean currents to generate electricity, and OTEC converts the temperature difference between warm surface waters and cold deep waters into usable energy. Salinity gradient energy harnesses the osmotic pressure between saltwater and freshwater. These technologies offer a promising renewable energy source that can help reduce greenhouse gas emissions, diversify energy portfolios, and contribute to global efforts in combating climate change. Ocean power has the potential to provide a sustainable and clean source of electricity, although further research, development, and investment are necessary to fully realize its commercial viability and overcome technological and environmental challenges.

According to DIResearch's in-depth investigation and research, the global Ocean Power market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Ocean Power include Wello, Pulse Tidal, Oceanlinx, Marine Current Turbines (MCT), ORPC, OpenHydro, AWS Ocean Energy, BioPower Systems, Voith Hydro, Aquamarine Power, Carnegie Clean Energy, Ocean Power Technologies, Verdant Power etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Ocean Power. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Ocean Power market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Ocean Power market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Ocean Power industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Ocean Power Include:

Wello

Pulse Tidal

Oceanlinx

Marine Current Turbines (MCT)

ORPC

OpenHydro

AWS Ocean Energy

BioPower Systems

Voith Hydro

Aquamarine Power

Carnegie Clean Energy

Ocean Power Technologies

Verdant Power

Ocean Power Product Segment Include:

Wave Energy

Tidal Energy

Ocean Thermal Energy

Others

Ocean Power Product Application Include:

Industrial Applications

Commercial Applications

Other

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Ocean Power Industry PESTEL Analysis

Chapter 3: Global Ocean Power Industry Porter’s Five Forces Analysis

Chapter 4: Global Ocean Power Major Regional Market Size and Forecast Analysis

Chapter 5: Global Ocean Power Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Passenger Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Ocean Power Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Ocean Power Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources