Global and Region Marine Power (Wave and Tidal) Market Demand & Opportunity Outlook 2022-2028

  • REPORT SUMMARY
  • TABLE OF CONTENTS
  • 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.

    The report details the trend, potential and market size of Marine Power (Wave and Tidal) market, and analyzes the current situation and prospects of the market from both qualitative and quantitative aspects, which can be roughly divided into three parts.

    The first part (Chapter1-7) mainly covers the qualitative analysis of Marine Power (Wave and Tidal)market, defines the market attractiveness level of Marine Power (Wave and Tidal) market through Porter's Five Forces Analysis, and summarizes the different factors in the overall environment through PEST analysis. Understand the distribution of industrial chain value in each link of industrial chain through the analysis of industrial chain structure. Thus estimate the market space of each link.

    The second part (Chapter8-12), based on the segmentation of Marine Power (Wave and Tidal) industry, describes the types of Marine Power (Wave and Tidal) market, the applications of major players and the market size, and deeply analyzes the current situation of the global Marine Power (Wave and Tidal) market and the development prospects and opportunities of Marine Power (Wave and Tidal) industry.

    The third part (Chapter14-15) includes the market positions of the major players and information on the market participants, which will help you gain a comprehensive understanding of the current competitive situation and potential growth opportunities in the market.

    As COVID-19 continues to impact the global economy in 2022, the report also considers the short - and long-term impacts of COVID-19 on the global Marine Power (Wave and Tidal) market in Chapter 13.

    By Player:

    • Verdant Power

    • Voith Hydro

    • Aquamarine Power

    • ORPC

    • Ocean Power Technologies

    • BioPower Systems

    • Pulse Tidal

    • OpenHydro

    • AWS Ocean Energy

    • Oceanlinx

    • Wello Oy

    • Marine Current Turbines (MCT)

    • Carnegie Wave Energy

    By Type:

    • Wave Power

    • Tidal Power

    By End-User:

    • Industrial Applications

    • Commercial Applications

    • Others

    By Geography:

    • United States

    • Europe

    • China

    • Japan

    • India

    • South Korea

  • TABLE OF CONTENT

    1 Introduction

    • 1.1 Market Definition

    • 1.2 Market Segment Analysis

    • 1.3 Market Size 2022

    • 1.4 Marine Power (Wave and Tidal) Market Outlook: Forecast for 2022 - 2028

    • 1.5 Pricing Analysis

    2 Executive Summary

    3 Marine Power (Wave and Tidal) Market Lineage Outlook

    • 3.1 Parent Market Outlook

    • 3.2 Related/Ancillary Market Outlook

    • 3.3 Penetration & Growth Prospect Mapping, 2022

    4 Market Analysis Tools: Porter's Five Forces

    • 4.1 Supplier Power

    • 4.2 Buyer Power

    • 4.3 Substitution Threat

    • 4.4 Threat of New Entrants

    • 4.5 Competitive Rivalry

    5 Marine Power (Wave and Tidal) Industry Analysis - PEST (Political & Legal, Economic, Social, and Technological)

    • 5.1 Political/Legal Landscape

    • 5.2 Economic Landscape

    • 5.3 Social Landscape

    • 5.4 Technology Landscape

    6 Marine Power (Wave and Tidal) Market - Value Chain Analysis

    • 6.1 Industry's Value Chain Analysis

    • 6.2 Product Life Cycle

    • 6.3 User Perspective Analysis

    7 Region and Country-wise Marine Power (Wave and Tidal) Market Analysis and Outlook to 2022

    • 7.1 Global Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.2 United States Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.3 Europe Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.4 China Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.5 Japan Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.6 India Marine Power (Wave and Tidal) Consumption (2017-2022)

    • 7.7 South Korea Marine Power (Wave and Tidal) Consumption (2017-2022)

    8 Region and Country-wise Marine Power (Wave and Tidal) Market Analysis and Outlook to 2028

    • 8.1 Global Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.2 United States Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.3 Europe Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.4 China Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.5 Japan Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.6 India Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    • 8.7 South Korea Marine Power (Wave and Tidal) Consumption Forecast (2022-2028)

    9 Global Marine Power (Wave and Tidal) Market Outlook by Types and Applications to 2022

    • 9.1 Global Marine Power (Wave and Tidal) Consumption and Growth Rate by Type (2017-2022)

      • 9.1.1 Global Wave Power Consumption and Growth Rate (2017-2022)

      • 9.1.2 Global Tidal Power Consumption and Growth Rate (2017-2022)

    • 9.2 Global Marine Power (Wave and Tidal) Consumption and Growth Rate by Application (2017-2022)

      • 9.2.1 Global Industrial Applications Consumption and Growth Rate (2017-2022)

      • 9.2.2 Global Commercial Applications Consumption and Growth Rate (2017-2022)

      • 9.2.3 Global Others Consumption and Growth Rate (2017-2022)

    10 Global Marine Power (Wave and Tidal) Market Outlook by Types and Applications to 2028

    • 10.1 Global Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate by Type (2022-2028)

      • 10.1.1 Global Wave Power Consumption Forecast and Growth Rate (2022-2028)

      • 10.1.2 Global Tidal Power Consumption Forecast and Growth Rate (2022-2028)

    • 10.2 Global Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate by Application (2022-2028)

      • 10.2.1 Global Industrial Applications Consumption Forecast and Growth Rate (2022-2028)

      • 10.2.2 Global Commercial Applications Consumption Forecast and Growth Rate (2022-2028)

      • 10.2.3 Global Others Consumption Forecast and Growth Rate (2022-2028)

    11 Global Marine Power (Wave and Tidal) Import and Export Analysis (Top 5 Countries)

    • 11.1 Global Marine Power (Wave and Tidal) Import by Region (Top 5 Countries) (2017-2028)

    • 11.2 Global Marine Power (Wave and Tidal) Export by Region (Top 5 Countries) (2017-2028)

    12 Coronavirus Disease (COVID-19) Impact

    • 12.1 Industry Impact Analysis

    • 12.2 Marine Power (Wave and Tidal) Market Outlook to 2028 - COVID-19 Affected Forecasts

    13 Competition Matrix

    • 13.1 Target Markets

    • 13.2 Comprehensive Analysis of Products in Competitive Markets

    14 Global Marine Power (Wave and Tidal) Market Competitive Analysis

    • 14.1 Verdant Power

      • 14.1.1 Verdant Power Company Details

      • 14.1.2 Verdant Power Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.1.3 Verdant Power Marine Power (Wave and Tidal) Product and Service

    • 14.2 Voith Hydro

      • 14.2.1 Voith Hydro Company Details

      • 14.2.2 Voith Hydro Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.2.3 Voith Hydro Marine Power (Wave and Tidal) Product and Service

    • 14.3 Aquamarine Power

      • 14.3.1 Aquamarine Power Company Details

      • 14.3.2 Aquamarine Power Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.3.3 Aquamarine Power Marine Power (Wave and Tidal) Product and Service

    • 14.4 ORPC

      • 14.4.1 ORPC Company Details

      • 14.4.2 ORPC Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.4.3 ORPC Marine Power (Wave and Tidal) Product and Service

    • 14.5 Ocean Power Technologies

      • 14.5.1 Ocean Power Technologies Company Details

      • 14.5.2 Ocean Power Technologies Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.5.3 Ocean Power Technologies Marine Power (Wave and Tidal) Product and Service

    • 14.6 BioPower Systems

      • 14.6.1 BioPower Systems Company Details

      • 14.6.2 BioPower Systems Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.6.3 BioPower Systems Marine Power (Wave and Tidal) Product and Service

    • 14.7 Pulse Tidal

      • 14.7.1 Pulse Tidal Company Details

      • 14.7.2 Pulse Tidal Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.7.3 Pulse Tidal Marine Power (Wave and Tidal) Product and Service

    • 14.8 OpenHydro

      • 14.8.1 OpenHydro Company Details

      • 14.8.2 OpenHydro Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.8.3 OpenHydro Marine Power (Wave and Tidal) Product and Service

    • 14.9 AWS Ocean Energy

      • 14.9.1 AWS Ocean Energy Company Details

      • 14.9.2 AWS Ocean Energy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.9.3 AWS Ocean Energy Marine Power (Wave and Tidal) Product and Service

    • 14.10 Oceanlinx

      • 14.10.1 Oceanlinx Company Details

      • 14.10.2 Oceanlinx Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.10.3 Oceanlinx Marine Power (Wave and Tidal) Product and Service

    • 14.11 Wello Oy

      • 14.11.1 Wello Oy Company Details

      • 14.11.2 Wello Oy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.11.3 Wello Oy Marine Power (Wave and Tidal) Product and Service

    • 14.12 Marine Current Turbines (MCT)

      • 14.12.1 Marine Current Turbines (MCT) Company Details

      • 14.12.2 Marine Current Turbines (MCT) Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.12.3 Marine Current Turbines (MCT) Marine Power (Wave and Tidal) Product and Service

    • 14.13 Carnegie Wave Energy

      • 14.13.1 Carnegie Wave Energy Company Details

      • 14.13.2 Carnegie Wave Energy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

      • 14.13.3 Carnegie Wave Energy Marine Power (Wave and Tidal) Product and Service

    15 Appendix


    TABLE OF CHARTS

    • Table Definition of Marine Power (Wave and Tidal)

    • Figure Marine Power (Wave and Tidal) Picture

    • Table Global Marine Power (Wave and Tidal) Market Size and Forecast 2022 - 2028 (USD million)

    • Figure Global Marine Power (Wave and Tidal) Market Size and Forecast 2022 - 2028 (USD million)

    • Figure Global Marine Power (Wave and Tidal) Market: Year-over-year Growth 2022 - 2028 (%)

    • Table Parent Market Analysis

    • Figure Parent Market Price

    • Table Related/Ancillary Market Outlook Analysis

    • Table Supplier Power Analysis

    • Table Buyer Power Analysis

    • Table Substitution Threat Analysis

    • Table Threat of New Entrants Analysis

    • Table Competitive Rivalry Analysis

    • Figure Global Marine Power (Wave and Tidal) Consumption by Country (2017-2022)

    • Figure United States Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Table Europe Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Figure China Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Figure Japan Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Figure India Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Figure South Korea Marine Power (Wave and Tidal) Consumption and Growth Rate (2017-2022)

    • Figure Global Marine Power (Wave and Tidal) Consumption Forecast by Country (2022-2028)

    • Figure United States Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Table Europe Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Figure China Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Figure Japan Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Figure India Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Figure South Korea Marine Power (Wave and Tidal) Consumption Forecast and Growth Rate (2022-2028)

    • Figure Global Wave Power Consumption and Growth Rate (2017-2022)

    • Figure Global Tidal Power Consumption and Growth Rate (2017-2022)

    • Figure Global Industrial Applications Consumption and Growth Rate (2017-2022)

    • Figure Global Commercial Applications Consumption and Growth Rate (2017-2022)

    • Figure Global Others Consumption and Growth Rate (2017-2022)

    • Figure Global Wave Power Consumption Forecast and Growth Rate (2022-2028)

    • Figure Global Tidal Power Consumption Forecast and Growth Rate (2022-2028)

    • Figure Global Industrial Applications Consumption Forecast and Growth Rate (2022-2028)

    • Figure Global Commercial Applications Consumption Forecast and Growth Rate (2022-2028)

    • Figure Global Others Consumption Forecast and Growth Rate (2022-2028)

    • Table Global Marine Power (Wave and Tidal) Import by Region (Top 5 Countries) (2017-2028)

    • Table Global Marine Power (Wave and Tidal) Export by Region (Top 5 Countries) (2017-2028)

    • Table Verdant Power (Foundation Year, Company Profile and etc.)

    • Table Verdant Power Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Verdant Power Marine Power (Wave and Tidal) Product and Service

    • Table Voith Hydro (Foundation Year, Company Profile and etc.)

    • Table Voith Hydro Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Voith Hydro Marine Power (Wave and Tidal) Product and Service

    • Table Aquamarine Power (Foundation Year, Company Profile and etc.)

    • Table Aquamarine Power Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Aquamarine Power Marine Power (Wave and Tidal) Product and Service

    • Table ORPC (Foundation Year, Company Profile and etc.)

    • Table ORPC Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table ORPC Marine Power (Wave and Tidal) Product and Service

    • Table Ocean Power Technologies (Foundation Year, Company Profile and etc.)

    • Table Ocean Power Technologies Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Ocean Power Technologies Marine Power (Wave and Tidal) Product and Service

    • Table BioPower Systems (Foundation Year, Company Profile and etc.)

    • Table BioPower Systems Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table BioPower Systems Marine Power (Wave and Tidal) Product and Service

    • Table Pulse Tidal (Foundation Year, Company Profile and etc.)

    • Table Pulse Tidal Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Pulse Tidal Marine Power (Wave and Tidal) Product and Service

    • Table OpenHydro (Foundation Year, Company Profile and etc.)

    • Table OpenHydro Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table OpenHydro Marine Power (Wave and Tidal) Product and Service

    • Table AWS Ocean Energy (Foundation Year, Company Profile and etc.)

    • Table AWS Ocean Energy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table AWS Ocean Energy Marine Power (Wave and Tidal) Product and Service

    • Table Oceanlinx (Foundation Year, Company Profile and etc.)

    • Table Oceanlinx Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Oceanlinx Marine Power (Wave and Tidal) Product and Service

    • Table Wello Oy (Foundation Year, Company Profile and etc.)

    • Table Wello Oy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Wello Oy Marine Power (Wave and Tidal) Product and Service

    • Table Marine Current Turbines (MCT) (Foundation Year, Company Profile and etc.)

    • Table Marine Current Turbines (MCT) Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Marine Current Turbines (MCT) Marine Power (Wave and Tidal) Product and Service

    • Table Carnegie Wave Energy (Foundation Year, Company Profile and etc.)

    • Table Carnegie Wave Energy Marine Power (Wave and Tidal) Sales, Price, Value and Gross Profit (2017-2022)

    • Table Carnegie Wave Energy Marine Power (Wave and Tidal) Product and Service


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