Global Tidal Energy Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Tidal Energy Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Tidal Energy market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Tidal energy is a form of hydropower generation, which converts the energy from tides into electricity. A typical tidal power plant is run by an underwater turbine that rotates and converts mechanical power to electrical power. The electrical power thus produced is sent to the shore with the help of a generator. The commercial deployment of tidal power projects is in its nascent stage, although it has the potential for future power generation.

World over, the massive interest in harvesting wave and tidal energy stems from the need for leveraging the limitless potential of ocean in meeting the rising demand for sustainable energy. The notable demand for next-generation technologies for harnessing renewable sources of energy at scale is a notable factor boosting the market. Advances in wave energy converter technologies has enabled market players to better realize the potential of tidal energy sources.

The Global Info Research report includes an overview of the development of the Tidal Energy industry chain, the market status of Commercial (Tidal Stream Generator, Pendulum Device), Industrial (Tidal Stream Generator, Pendulum Device), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tidal Energy.

Regionally, the report analyzes the Tidal Energy markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Tidal Energy market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Tidal Energy market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Tidal Energy industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Kwh), revenue generated, and market share of different by Type (e.g., Tidal Stream Generator, Pendulum Device).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Tidal Energy market.

Regional Analysis: The report involves examining the Tidal Energy market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Tidal Energy market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Tidal Energy:

Company Analysis: Report covers individual Tidal Energy manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Tidal Energy This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Industrial).

Technology Analysis: Report covers specific technologies relevant to Tidal Energy. It assesses the current state, advancements, and potential future developments in Tidal Energy areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Tidal Energy market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Tidal Energy market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Tidal Stream Generator
Pendulum Device
Barrage
Others

Market segment by Application
Commercial
Industrial
Residential

Major players covered
BioPower Systems
Blue Energy Canada
OpenHydro Group
Pluse Tidal
Verdant Power

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Tidal Energy product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Tidal Energy, with price, sales, revenue and global market share of Tidal Energy from 2019 to 2024.

Chapter 3, the Tidal Energy competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Tidal Energy breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Tidal Energy market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Tidal Energy.

Chapter 14 and 15, to describe Tidal Energy sales channel, distributors, customers, research findings and conclusion.