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Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Wave and Tidal Energy Industry: Forecasts to 2024

  • June 2016
  • 150 pages
  • ID: 2274918
In this report:
Detailed research of countries and region-specific wave and tidal energy associations has been undertaken to estimate and forecast the installed capacity and investments in the wave and tidal energy sector.
The company market share in the sector for both wave and tidal energy plants has been provided separately for 2014.

Summary

Table of Contents

Wave and tidal energy are methods of harnessing energy of oceans for power generation. Territories across the globe are increasingly looking to utilize these forms of renewable energy as these provide a constant and steady source of clean energy. Abundance of ocean surface and serious potential of energy generation in different nations has induced governments to pursue ocean energy generation as an decisive part of their future renewable energy mix. Venture capital funding and government grant schemes are the vital aspects of this sector. Currently, technology development and commercial deployment of projects are in a nascent stage.

This research is designed to estimate, analyze, and forecast the market volume and revenue for the wind and tidal power generation market. It offers an detailed study of the segment size of wave and tidal power in terms of revenue and volume. The market research examines the wave and tidal energy sector in detail together with deep dive research spanning three regions and eight countries. It offers in-depth analysis, historical data, and statistically refined forecast for wave and tidal energy plants regionally. Country wise markets for wave, tidal, or both forms of energy have been provided individually, depending upon the investment sentiment in the respective economies. The company market share in the sector for both wave and tidal energy plants has been provided separately for 2014.

The market value for wave and tidal power generation has been estimated by studying the possible future technology trends in the sector. Exhaustive research of countries and region-specific wave and tidal energy associations has been undertaken to estimate and forecast the installed capacity and investments in the wave and tidal energy sector. Regionally, the industry has been divided into north america, Europe (EU), Asia Pacific (APAC), and Rest of the globe. An crucial aspect of this report is the upcoming project details for both wave and tidal energy. This provides a clear idea of country wise projects planned and the tentative timeline by which the sector would achieve commercial deployment of its technologies.

Wave and tidal power plant technologies are likely to experience meaningful changes in terms of individual market share from 2014 to 2024. The technology development is still in the initial phase for both wave and tidal energy. This leaves ample scope for additional players to enter the sector by introducing additional and advanced technologies. In-depth cost breakdown analysis of wave and tidal energy plants has been specified in the report. Cost projections of individual cost components have been done for the outlook period, supported by qualitative analysis. Top actors in the wave and tidal energy business have been profiled in the market research to identify market uptake strategies and winning imperatives for them.

Top players in the overall wave and tidal energy market contain Pelamis Wave Power Ltd., Carnegie Wave Energy Ltd., Ocean Power Technologies, Incorporated, Ocean Renewable Power Company LLC, Tenax Energy, AquaGen Technologies, Atlantis Resources Ltd., S.D.E. Energy Ltd., Marine Current Turbines Ltd., and Aquamarine Power Ltd. The report offers an overview of these companies, succeeded by their financial revenues, strategic management, SWOT study, and recent evolutions. The overall wave and tidal energy segment has been split as follows:

Wave and Tidal Energy Market: Type analysis

Wave energy

Tidal energy

Wave and Tidal Energy Market: Geography analysis

North America (NA)

USA

Canada (CA)

Mexico (MX)

Europe (EU)

United Kingdom (UK)

Scotland

France (FR)

Norway

Russia (RU)

Others

Asia-Pac

South Korea (KR)

Australia (AU)

China (CN)

Others

Rest of the globe

South africa (SA)

Ghana

Others

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