Report Detail
Global Marine Power (Wave and Tidal) Market Growth 2019-2024
- RnM2938452 |
- 13 February, 2019 |
- Global |
- 161 Pages |
- LPI(LP Information) |
- Energy & Power
Marine energy or marine power (also sometimes referred to as ocean energy, ocean power, or marine and hydrokinetic energy) refers to the energy carried by ocean waves, tides, salinity, and ocean temperature differences. The movement of water in the world’s oceans creates a vast store of kinetic energy, or energy in motion. This energy can be harnessed to generate electricity to power homes, transport and industries.
The year 2015 represented a significant milestone for the sector from a policy standpoint, with the publication of the Blue Energy Communication, the establishment of the Ocean Energy Forum and the European Technology and Innovation Platform for Ocean Energy (TIP). The announcement of the awards for the second NER 300 call has seen the number of ocean energy arrays expected to be deployed in European waters by 2018 or earlier rising to five. On the other hand, forecasts of expected ocean energy capacity by 2020 have been further reduced, due to the slow technological progress of the sector and difficulties in attracting funds and financing. The slow growth of the sector and delays in the formation of the market have forced key developers and OEMs to either downsize or withdraw their interest in developing ocean energy technology.
The ocean energy market is still in its infancy, and whilst foundations for its growth have been put in place, the sector seeks to further prove the reliability of its technology moving towards demonstration of pre-commercial arrays. A number of key developments have been seen in 2014 to ensure the establishment of ocean energy markets in Europe and worldwide, including:
• About 30 tidal and 45 wave energy companies are currently at an advanced stage of technological development, with a number of technologies nearing pre-commercial array demonstration and others deploying full-scale prototypes in real-sea environments.
• Europe could see up to 40 MW of tidal installed capacity by 2018, and 26 MW of wave energy capacity, if proposed and awarded projects go ahead and reach financial close.
• The deployment of the first tidal energy array is expected for 2016 in the UK, with MeyGen becoming the first ocean energy project to reach financial close. The tidal sector has seen an increased participation of OEMs in the development of technology and in promoting tidal farms across Europe; however, the costs and reliability of technologies will be paramount in assuring further developments. The development of second- and third-generation tidal technologies is opening up possibilities for cost reduction as well as deployments in low-energy-density water.
• The development of wave energy technologies is lagging behind that of tidal energy. However, deployment projects are currently taking place in Europe, the US and Australia. The sector is, however, seeing intensified collaboration to identify common PTO solutions.
• OTEC and salinity gradient technologies are developing demonstration plants. A 10 MW OTEC plant has been awarded funds through NER 300, whilst a 50 kW salinity gradient pilot-plant began operation in the Netherlands.
According to this study, over the next five years the Marine Power (Wave and Tidal) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Marine Power (Wave and Tidal) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Marine Power (Wave and Tidal) market by product type, application, key manufacturers and key regions and countries.
This study considers the Marine Power (Wave and Tidal) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Wave Power
Tidal Power
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial Applications
Commercial Applications
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Wello Oy
Pulse Tidal
Oceanlinx
Marine Current Turbines (MCT)
ORPC
OpenHydro
BioPower Systems
AWS Ocean Energy
Voith Hydro
Ocean Power Technologies
Aquamarine Power
Carnegie Wave Energy
Verdant Power
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Marine Power (Wave and Tidal) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Marine Power (Wave and Tidal) market by identifying its various subsegments.
Focuses on the key global Marine Power (Wave and Tidal) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Marine Power (Wave and Tidal) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Marine Power (Wave and Tidal) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Marine Power (Wave and Tidal) Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Marine Power (Wave and Tidal) Consumption 2014-2024
- 2.1.2 Marine Power (Wave and Tidal) Consumption CAGR by Region
- 2.2 Marine Power (Wave and Tidal) Segment by Type
- 2.2.1 Wave Power
- 2.2.2 Tidal Power
- 2.3 Marine Power (Wave and Tidal) Consumption by Type
- 2.3.1 Global Marine Power (Wave and Tidal) Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Marine Power (Wave and Tidal) Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Marine Power (Wave and Tidal) Sale Price by Type (2014-2019)
- 2.4 Marine Power (Wave and Tidal) Segment by Application
- 2.4.1 Industrial Applications
- 2.4.2 Commercial Applications
- 2.4.3 Others
- 2.5 Marine Power (Wave and Tidal) Consumption by Application
- 2.5.1 Global Marine Power (Wave and Tidal) Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Marine Power (Wave and Tidal) Value and Market Share by Application (2014-2019)
- 2.5.3 Global Marine Power (Wave and Tidal) Sale Price by Application (2014-2019)
3 Global Marine Power (Wave and Tidal) by Players
- 3.1 Global Marine Power (Wave and Tidal) Sales Market Share by Players
- 3.1.1 Global Marine Power (Wave and Tidal) Sales by Players (2017-2019)
- 3.1.2 Global Marine Power (Wave and Tidal) Sales Market Share by Players (2017-2019)
- 3.2 Global Marine Power (Wave and Tidal) Revenue Market Share by Players
- 3.2.1 Global Marine Power (Wave and Tidal) Revenue by Players (2017-2019)
- 3.2.2 Global Marine Power (Wave and Tidal) Revenue Market Share by Players (2017-2019)
- 3.3 Global Marine Power (Wave and Tidal) Sale Price by Players
- 3.4 Global Marine Power (Wave and Tidal) Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Marine Power (Wave and Tidal) Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Marine Power (Wave and Tidal) Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Marine Power (Wave and Tidal) by Regions
- 4.1 Marine Power (Wave and Tidal) by Regions
- 4.1.1 Global Marine Power (Wave and Tidal) Consumption by Regions
- 4.1.2 Global Marine Power (Wave and Tidal) Value by Regions
- 4.2 Americas Marine Power (Wave and Tidal) Consumption Growth
- 4.3 APAC Marine Power (Wave and Tidal) Consumption Growth
- 4.4 Europe Marine Power (Wave and Tidal) Consumption Growth
- 4.5 Middle East & Africa Marine Power (Wave and Tidal) Consumption Growth
5 Americas
- 5.1 Americas Marine Power (Wave and Tidal) Consumption by Countries
- 5.1.1 Americas Marine Power (Wave and Tidal) Consumption by Countries (2014-2019)
- 5.1.2 Americas Marine Power (Wave and Tidal) Value by Countries (2014-2019)
- 5.2 Americas Marine Power (Wave and Tidal) Consumption by Type
- 5.3 Americas Marine Power (Wave and Tidal) Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Marine Power (Wave and Tidal) Consumption by Countries
- 6.1.1 APAC Marine Power (Wave and Tidal) Consumption by Countries (2014-2019)
- 6.1.2 APAC Marine Power (Wave and Tidal) Value by Countries (2014-2019)
- 6.2 APAC Marine Power (Wave and Tidal) Consumption by Type
- 6.3 APAC Marine Power (Wave and Tidal) Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Marine Power (Wave and Tidal) by Countries
- 7.1.1 Europe Marine Power (Wave and Tidal) Consumption by Countries (2014-2019)
- 7.1.2 Europe Marine Power (Wave and Tidal) Value by Countries (2014-2019)
- 7.2 Europe Marine Power (Wave and Tidal) Consumption by Type
- 7.3 Europe Marine Power (Wave and Tidal) Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Marine Power (Wave and Tidal) by Countries
- 8.1.1 Middle East & Africa Marine Power (Wave and Tidal) Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Marine Power (Wave and Tidal) Value by Countries (2014-2019)
- 8.2 Middle East & Africa Marine Power (Wave and Tidal) Consumption by Type
- 8.3 Middle East & Africa Marine Power (Wave and Tidal) Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Marine Power (Wave and Tidal) Distributors
- 10.3 Marine Power (Wave and Tidal) Customer
11 Global Marine Power (Wave and Tidal) Market Forecast
- 11.1 Global Marine Power (Wave and Tidal) Consumption Forecast (2019-2024)
- 11.2 Global Marine Power (Wave and Tidal) Forecast by Regions
- 11.2.1 Global Marine Power (Wave and Tidal) Forecast by Regions (2019-2024)
- 11.2.2 Global Marine Power (Wave and Tidal) Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Marine Power (Wave and Tidal) Forecast by Type
- 11.8 Global Marine Power (Wave and Tidal) Forecast by Application
12 Key Players Analysis
- 12.1 Wello Oy
- 12.1.1 Company Details
- 12.1.2 Marine Power (Wave and Tidal) Product Offered
- 12.1.3 Wello Oy Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Wello Oy News
- 12.2 Pulse Tidal
- 12.2.1 Company Details
- 12.2.2 Marine Power (Wave and Tidal) Product Offered
- 12.2.3 Pulse Tidal Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Pulse Tidal News
- 12.3 Oceanlinx
- 12.3.1 Company Details
- 12.3.2 Marine Power (Wave and Tidal) Product Offered
- 12.3.3 Oceanlinx Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Oceanlinx News
- 12.4 Marine Current Turbines (MCT)
- 12.4.1 Company Details
- 12.4.2 Marine Power (Wave and Tidal) Product Offered
- 12.4.3 Marine Current Turbines (MCT) Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Marine Current Turbines (MCT) News
- 12.5 ORPC
- 12.5.1 Company Details
- 12.5.2 Marine Power (Wave and Tidal) Product Offered
- 12.5.3 ORPC Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 ORPC News
- 12.6 OpenHydro
- 12.6.1 Company Details
- 12.6.2 Marine Power (Wave and Tidal) Product Offered
- 12.6.3 OpenHydro Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 OpenHydro News
- 12.7 BioPower Systems
- 12.7.1 Company Details
- 12.7.2 Marine Power (Wave and Tidal) Product Offered
- 12.7.3 BioPower Systems Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 BioPower Systems News
- 12.8 AWS Ocean Energy
- 12.8.1 Company Details
- 12.8.2 Marine Power (Wave and Tidal) Product Offered
- 12.8.3 AWS Ocean Energy Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 AWS Ocean Energy News
- 12.9 Voith Hydro
- 12.9.1 Company Details
- 12.9.2 Marine Power (Wave and Tidal) Product Offered
- 12.9.3 Voith Hydro Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Voith Hydro News
- 12.10 Ocean Power Technologies
- 12.10.1 Company Details
- 12.10.2 Marine Power (Wave and Tidal) Product Offered
- 12.10.3 Ocean Power Technologies Marine Power (Wave and Tidal) Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Ocean Power Technologies News
- 12.11 Aquamarine Power
- 12.12 Carnegie Wave Energy
- 12.13 Verdant Power
13 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Marine Power (Wave and Tidal) . Industry analysis & Market Report on Marine Power (Wave and Tidal) is a syndicated market report, published as Global Marine Power (Wave and Tidal) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Marine Power (Wave and Tidal) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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