Wave Energy Converters Market

Wave energy converters (WECs) are devices that convert the kinetic and potential energy associated with a moving wave into useful mechanical or electrical energy.
Wave Energy Converters Market contains market size and forecasts of Wave Energy Converters in global, including the following market information:
Global Wave Energy Converters Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Wave Energy Converters Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Wave Energy Converters companies in 2021 (%)
The global Wave Energy Converters 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.
Point Absorbers Devices Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Wave Energy Converters include Ocean Power Technologies, Eco Wave Power, Carnegie Clean Energy, Sinn Power, Amog Consulting, Nemos, Oceanenergy, Wave Swell and Aws Ocean Energy, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Wave Energy Converters 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 Wave Energy Converters Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wave Energy Converters Market Segment Percentages, by Type, 2021 (%)
Point Absorbers Devices
Terminators Devices
Attenuators Devices
Oscillating Wave Surge Devices
Submerged Pressure Differential Devices
Rotating Mass Devices
Global Wave Energy Converters Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wave Energy Converters Market Segment Percentages, by Application, 2021 (%)
Desalination
Power Generation
Environmental Protection
Other
Global Wave Energy Converters Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Wave Energy Converters 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 Wave Energy Converters revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Wave Energy Converters revenues share in global market, 2021 (%)
Key companies Wave Energy Converters sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Wave Energy Converters sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ocean Power Technologies
Eco Wave Power
Carnegie Clean Energy
Sinn Power
Amog Consulting
Nemos
Oceanenergy
Wave Swell
Aws Ocean Energy
Corpower Ocean
Limerick Wave
Arrecife Energy Systems
Accumulated Ocean Energy
Havkraft AS
OWECO