Wave & Tidal Energy Market
Global Industry Analysis and Forecast 2023-2030
Pages : 120
Base Year : 2022
Release Year : May 2024
Format :
Report ID: KR 295
Base Year
2022
Forecast Year
2023-2030
Historical Years
2018-2021
Market Value (2022)
USD 600.1 Million
Forecasted Value (2030)
USD 3230.1 Million
CAGR (2023 – 2030)
8.90%
Fastest Growing Region (2023 - 2030)
North America
Largest Region
Europe
By Type
Wave Energy, Tidal Energy
By Application
Power Generation, Desalination, Others
TABLE OF CONTENT
1 INTRODUCTION OF THE GLOBAL WAVE & TIDAL ENERGY MARKET
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach
4 GLOBAL WAVE & TIDAL ENERGY MARKET OUTLOOK
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis
5 IMPACT OF RUSSIA-UKRAINE WAR
6 GLOBAL WAVE & TIDAL ENERGY MARKET, BY TYPE
6.1 Overview
6.2 Wave Energy
6.3 Tidal Energy
7 GLOBAL WAVE & TIDAL ENERGY MARKET, BY APPLICATION
7.1 Overview
7.2 Power Generation
7.3 Desalination
7.4 Others
8 GLOBAL WAVE & TIDAL ENERGY MARKET, BY GEOGRAPHY
8.1 Overview
9 NORTH AMERICA
9.1 U.S.
9.2 Canada
9.3 Mexico
10 EUROPE
10.1 Germany
10.2 U.K.
10.3 France
10.4 Italy
10.5 Spain
10.6 Russia
10.7 Rest of Europe
11 ASIA PACIFIC
11.1 China
11.2 Japan
11.3 India
11.4 South Korea
11.5 Rest of Asia Pacific
12 MIDDLE EAST & AFRICA
12.1 GCC
12.2 South Africa
12.3 North Africa
12.4 Rest of Middle East & Africa
13 LATIN AMERICA
13.1 Brazil
13.2 Argentina
13.3 Rest of South America
14 GLOBAL WAVE & TIDAL ENERGY MARKET COMPETITIVE LANDSCAPE
14.1 Overview
14.2 Key Developments
14.3 Key Strategic Developments
14.4 Company Market Ranking
14.5 Regional Footprint
14.6 Industry Footprint
15 COMPANY PROFILES
15.1 Atlantis Resources Corp
15.1.1 Key Facts
15.1.2 Financial Overview
15.1.3 Product Benchmarking
15.1.4 Recent Developments
15.1.5 Winning Imperatives
15.1.6 Current Focus & Strategies
15.1.7 Threat from competition
15.1.8 SWOT Analysis
15.2 AW Energy
15.2.1 Key Facts
15.2.2 Financial Overview
15.2.3 Product Benchmarking
15.2.4 Recent Developments
15.2.5 Winning Imperatives
15.2.6 Current Focus & Strategies
15.2.7 Threat from competition
15.2.8 SWOT Analysis
15.3 AWS Ocean Energy
15.3.1 Key Facts
15.3.2 Financial Overview
15.3.3 Product Benchmarking
15.3.4 Recent Developments
15.3.5 Winning Imperatives
15.3.6 Current Focus & Strategies
15.3.7 Threat from competition
15.3.8 SWOT Analysis
15.4 Kepler Energy
15.4.1 Key Facts
15.4.2 Financial Overview
15.4.3 Product Benchmarking
15.4.4 Recent Developments
15.4.5 Winning Imperatives
15.4.6 Current Focus & Strategies
15.4.7 Threat from competition
15.4.8 SWOT Analysis
15.5 Ocean Power Technologies, Inc.
15.5.1 Key Facts
15.5.2 Financial Overview
15.5.3 Product Benchmarking
15.5.4 Recent Developments
15.5.5 Winning Imperatives
15.5.6 Current Focus & Strategies
15.5.7 Threat from competition
15.5.8 SWOT Analysis
15.6 Seabased AB
15.6.1 Key Facts
15.6.2 Financial Overview
15.6.3 Product Benchmarking
15.6.4 Recent Developments
15.7 Trident Energy
15.7.1 Key Facts
15.7.2 Financial Overview
15.7.3 Product Benchmarking
15.7.4 Recent Developments
15.8 Wave Star Energy A/S
15.8.1 Key Facts
15.8.2 Financial Overview
15.8.3 Product Benchmarking
15.8.4 Recent Developments
15.9 ANDRITZ
15.9.1 Key Facts
15.9.2 Financial Overview
15.9.3 Product Benchmarking
15.9.4 Recent Developments
15.10 BIOPOWER SYSTEMS PTY LTD
15.10.1 Key Facts
15.10.2 Financial Overview
15.10.3 Product Benchmarking
15.10.4 Recent Developments
LIST OF TABLES
TABLE 1 Global Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 2 Global Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 3 Global Wave & Tidal Energy Market Revenue, By Geography, 2020 – 2030 (USD Million)
TABLE 4 North America Wave & Tidal Energy Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 5 North America Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 6 North America Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 7 US Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 8 US Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 9 Canada Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 10 Canada Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 11 Mexico Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 12 Mexico Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 13 Europe Wave & Tidal Energy Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 14 Europe Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 15 Europe Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 16 Germany Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 17 Germany Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 18 France Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 19 France Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 20 U.K. Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 21 U.K. Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 22 Spain Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 23 Spain Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 24 Italy Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 25 Italy Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 26 Russia Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 27 Russia Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 28 Rest of Europe Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 29 Rest of Europe Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 30 Asia-Pacific Wave & Tidal Energy Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 31 Asia-Pacific Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 32 Asia-Pacific Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 33 China Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 34 China Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 35 Japan Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 36 Japan Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 37 India Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 38 India Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 39 South Korea Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 40 South Korea Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 41 Rest of Asia-Pacific Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 42 Rest of Asia-Pacific Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 43 Middle East and Africa Wave & Tidal Energy Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 44 Middle East and Africa Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 45 Middle East and Africa Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 46 GCC Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 47 GCC Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 48 North Africa Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 49 North Africa Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 50 South Africa Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 51 South Africa Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 52 Rest of Middle East & Africa Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 53 Rest of Middle East & Africa Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 54 Latin America Wave & Tidal Energy Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 55 Latin America Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 56 Latin America Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 57 Brazil Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 58 Brazil Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 59 Argentina Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 60 Argentina Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 61 Rest of Latin America Wave & Tidal Energy Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 62 Rest of Latin America Wave & Tidal Energy Market Revenue, By Application, 2020 – 2030 (USD Million)
TABLE 63 Company Market Ranking
TABLE 64 Regional Footprint
TABLE 65 Product Benchmarking
TABLE 66 Recent Developments
TABLE 67 Winning Imperatives
LIST OF FIGURES
FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Wave & Tidal Energy Market 2020-2030 (USD Million)
FIG. 4 Global Wave & Tidal Energy Market Geographical Analysis (CAGR %)
FIG. 5 Global Wave & Tidal Energy Absolute Market Opportunity (USD Million)
FIG. 6 Global Wave & Tidal Energy Market Attractiveness (USD Million)
FIG. 7 Global Wave & Tidal Energy Market, By Type, 2020-2030 (USD Million)
FIG. 8 Global Wave & Tidal Energy Market, By Application, 2020-2030 (USD Million)
FIG. 9 Research Methodology
FIG. 10 Research Process
FIG. 11 Bottom-Up Approach
FIG. 12 Top-Bottom Approach
FIG. 13 Market Dynamics Overview
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Value Chain Analysis
FIG. 16 Macroeconomic Analysis
FIG. 17 Global Wave & Tidal Energy Market Revenue Share, By Type, 2020 and 2030 (%)
FIG. 18 Global Wave & Tidal Energy Market Revenue Share, By Application, 2020 and 2030 (%)
FIG. 19 Global Wave & Tidal Energy Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 20 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 21 North America Wave & Tidal Energy Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 22 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 23 Europe Wave & Tidal Energy Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 25 Asia-Pacific Wave & Tidal Energy Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 27 Middle East & Africa Wave & Tidal Energy Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 29 Latin America Wave & Tidal Energy Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Key Strategic Development
FIG. 31 Key Facts
FIG. 32 Financial Overview
FIG. 33 SWOT Analysis
CHOOSE LICENCE TYPE
CUSTOMIZATION OFFERED
Additional Company Profiles- Additional Countries
- Cross Segment Analysis
- Regional Market Dynamics
- Country-Level Trend Analysis
- Competitive Landscape Customization
- Extended Forecast Years
- Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global wave & tidal energy is projected to reach USD 3230.10 million by 2030, growing at a CAGR of 8.90% from 2023 to 2030.
The global wave & tidal energy market was valued at USD 600.12 million in 2022.
The major driving factor for the market growth is the increasing demand for renewable energy sources, along with advancement in technology for more efficient wave & tidal devices is boosting the growth of the market.
Top manufacturers of wave & tidal energy market are Atlantis Resources Corp, AW Energy, AWS Ocean Energy, Kepler Energy, Ocean Power Technologies, Inc., Seabased AB, Trident Energy, Wave Star Energy A/S, ANDRITZ, and BIOPOWER SYSTEMS PTY LTD, among others.
North America is the fastest growing region in the forecasted period (2023-2030).
By type, tidal energy segment will hold the maximum share in the wave & tidal energy market in forecast period.