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Innovations in Wave Power (Technical Insights)

  • September 2014
  • 53 pages
  • Frost & Sullivan
Report ID: 2404745

Summary

Table of Contents

Moving towards reliable and cost effective wave technologies

This study provides a technology overview of wave power, the drawbacks in the technology, along with a detailed analysis of the technology value chain.The study also discusses in detail the funding and other support infrastructure provided by various governments. The study also charts the drivers and restraints being faced by the industry, the technology development cycle, as well as the technology management strategies being employed. Analytical Hierarchy Process has been used to prioritze the technology with the best potential to be employed for wave energy generation.

Research Scope and Objective
The objective of this research is to report on the market penetration of current wave power technologies and map the technological development in the industry until the year 2025.
Waves are the result of winds which blow across the oceans. Waves have immense potential as a number of spots have been identified across the globe where wave energy can be generated.

Briefly, this research service provides:
-A snapshot of current wave power technologies and their capabilities.
-Market impact assessment and analysis of key innovations and technology and business accelerators and challenges in the field of wave power.
-An assessment of technology adoption region-wise and by technology.
-An evaluation of emerging opportunities, technology roadmapping and recommendations for technology development and management.
-Some key patents that provide an insight into notable activities and global participants, and a detailed list of contacts in the field, which includes names, titles, addresses, phone numbers, e-mail IDs, and Website URLs.

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