Marine Power Market

Marine power refers to the renewable energy stored in the ocean in the form of heat and mechanical energy under the influence of the gravity of the sun, moon and other planets, the rotation of the earth, and solar radiation. These energies include tidal energy, wave energy, ocean current energy, and ocean energy. Temperature difference energy and sea salt difference energy and other forms. The ocean contains a huge amount of energy and is close to many cities or settlements. These ocean energy sources are inexhaustible and inexhaustible renewable energy sources. Although the ocean has huge energy, high technology and high cost must be used to overcome the high corrosiveness of salt water. In some cases, it is even necessary to make the equipment able to withstand the high pressure environment of the deep sea.
Marine Power Market contains market size and forecasts of Marine Power (Wave and Tidal) in global, including the following market information:
Global Marine Power (Wave and Tidal) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Marine Power (Wave and Tidal) Market Sales, 2017-2022, 2023-2028, (MW)
Global top five Marine Power (Wave and Tidal) companies in 2021 (%)
The global Marine Power (Wave and Tidal) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wave Power Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Marine Power (Wave and Tidal) include Simec Atlantis Energy, Ocean Renewable Power Company, Orbital Marine Power, Nova Innovations, Ocean Power Technologies, Verdant Power, Carnegie Wave Energy, AWS Ocean Energy and Tocardo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Marine Power (Wave and Tidal) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Marine Power (Wave and Tidal) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Marine Power (Wave and Tidal) Market Segment Percentages, by Type, 2021 (%)
Wave Power
Tidal Power
Global Marine Power (Wave and Tidal) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Marine Power (Wave and Tidal) Market Segment Percentages, by Application, 2021 (%)
Industrial Applications
Commercial Applications
Residential
Others
Global Marine Power (Wave and Tidal) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MW)
Global Marine Power (Wave and Tidal) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Marine Power (Wave and Tidal) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Marine Power (Wave and Tidal) revenues share in global market, 2021 (%)
Key companies Marine Power (Wave and Tidal) sales in global market, 2017-2022 (Estimated), (MW)
Key companies Marine Power (Wave and Tidal) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Simec Atlantis Energy
Ocean Renewable Power Company
Orbital Marine Power
Nova Innovations
Ocean Power Technologies
Verdant Power
Carnegie Wave Energy
AWS Ocean Energy
Tocardo
Oceanlinx
Eco Wave Power
CorPower Ocean
Oscilla Power
Wave Swell Energy
Wello Oy
AW-Energy