Global Wave and Tidal Energy Market: Size, Trend, Share, Opportunity Analysis, and Forecast, 2014-2025
Ocean energy is divided into wave energy, tidal energy, and thermal energy. Wave and tidal energies are obtained by harnessing the power of tides and waves. Waves and tides are a constant source of energy due to the gravitational force of the Earth, Sun, and Moon. Tidal energy generators located underwater, are used for converting the kinetic energy of tides into tidal energy. These generators are set up in areas where high tidal movements are experienced. The electricity thus generated is stored for further use. The global solar energy market is expected to grow at a CAGR of 25.0% from 2017 to 2025.
Based on the energy type, the market is divided into wave energy and tidal energy. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
MARKET DYNAMICS:
Drivers:
The top players in the global wave and tidal energy market include Ocean Power Technologies, Inc., Marine Current Turbines Ltd., Atlantis Resources Ltd., Ocean Renewable Power Company LLC, Wave Power Ltd., Tenax Energy Solutions LLC, S.D.E. Energy Ltd., Carnegie Wave Energy Ltd., Aquamarine Power Ltd., and AquaGen Technologies.
KEY TAKEAWAYS
MARKET LANDSCAPE
Based on the energy type, the market is divided into wave energy and tidal energy. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.
MARKET DYNAMICS:
Drivers:
- Harnessing wave and tidal energies is a rather convenient way to generate power for remote areas.
- Being cost effective and renewable sources of energy encourages the deployment of wind and tidal energies.
- Government schemes and policies supporting the use of renewable resources and promoting reduction in the use of nonrenewable energy sources to prevent further environmental pollution and depletion of fossil fuels.
- Low technical development is expected to hinder market growth during the forecast period.
The top players in the global wave and tidal energy market include Ocean Power Technologies, Inc., Marine Current Turbines Ltd., Atlantis Resources Ltd., Ocean Renewable Power Company LLC, Wave Power Ltd., Tenax Energy Solutions LLC, S.D.E. Energy Ltd., Carnegie Wave Energy Ltd., Aquamarine Power Ltd., and AquaGen Technologies.
KEY TAKEAWAYS
MARKET LANDSCAPE
- By Energy Type
- Wave Energy
- Tidal Energy
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
1. EXECUTIVE SUMMARY
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. INTRODUCTION
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. MARKET LANDSCAPE
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Wave & Tidal Energy Market Shares Analysis, 2014-2025
3.4.1. Global wave & tidal energy market share by energy type, 2014-2025
3.4.2. Global wave & tidal energy market share by geography, 2014-2025
4. MARKET BY ENERGY TYPE
4.1. Wave Energy
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Tidal Energy
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
5. MARKET BY GEOGRAPHY
5.1. North America
5.1.1. U.S.
5.1.1.1. Historical Market Size, 2014-2016
5.1.1.2. Market Forecast, 2017-2025
5.1.2. Canada
5.1.2.1. Historical Market Size, 2014-2016
5.1.2.2. Market Forecast, 2017-2025
5.1.3. Mexico
5.1.3.1. Historical Market Size, 2014-2016
5.1.3.2. Market Forecast, 2017-2025
5.2. Europe
5.2.1. UK
5.2.1.1. Historical Market Size, 2014-2016
5.2.1.2. Market Forecast, 2017-2025
5.2.2. Germany
5.2.2.1. Historical Market Size, 2014-2016
5.2.2.2. Market Forecast, 2017-2025
5.2.3. France
5.2.3.1. Historical Market Size, 2014-2016
5.2.3.2. Market Forecast, 2017-2025
5.2.4. Spain
5.2.4.1. Historical Market Size, 2014-2016
5.2.4.2. Market Forecast, 2017-2025
5.2.5. Italy
5.2.5.1. Historical Market Size, 2014-2016
5.2.5.2. Market Forecast, 2017-2025
5.2.6. Rest of Europe
5.2.6.1. Historical Market Size, 2014-2016
5.2.6.2. Market Forecast, 2017-2025
5.3. Asia-Pacific
5.3.1. China
5.3.1.1. Historical Market Size, 2014-2016
5.3.1.2. Market Forecast, 2017-2025
5.3.2. Japan
5.3.2.1. Historical Market Size, 2014-2016
5.3.2.2. Market Forecast, 2017-2025
5.3.3. India
5.3.3.1. Historical Market Size, 2014-2016
5.3.3.2. Market Forecast, 2017-2025
5.3.4. Australia
5.3.4.1. Historical Market Size, 2014-2016
5.3.4.2. Market Forecast, 2017-2025
5.3.5. South Korea
5.3.5.1. Historical Market Size, 2014-2016
5.3.5.2. Market Forecast, 2017-2025
5.3.6. Rest of Asia-Pacific
5.3.6.1. Historical Market Size, 2014-2016
5.3.6.2. Market Forecast, 2017-2025
5.4. LAMEA
5.4.1. Brazil
5.4.1.1. Historical Market Size, 2014-2016
5.4.1.2. Market Forecast, 2017-2025
5.4.2. South Arabia
5.4.2.1. Historical Market Size, 2014-2016
5.4.2.2. Market Forecast, 2017-2025
5.4.3. South Africa
5.4.3.1. Historical Market Size, 2014-2016
5.4.3.2. Market Forecast, 2017-2025
5.4.4. Rest of LAMEA
5.4.4.1. Historical Market Size, 2014-2016
5.4.4.2. Market Forecast, 2017-2025
6. COMPANY PROFILES
6.1. Aquamarine Power Ltd.
6.1.1. Overview
6.1.2. Financials and business segments
6.1.3. Recent developments
6.2. AquaGen Technologies
6.2.1. Overview
6.2.2. Financials and business segments
6.2.3. Recent developments
6.3. Atlantis Resources Ltd.
6.3.1. Overview
6.3.2. Financials and business segments
6.3.3. Recent developments
6.4. Carnegie Wave Energy Ltd.
6.4.1. Overview
6.4.2. Financials and business segments
6.4.3. Recent developments
6.5. Marine Current Turbines Ltd.
6.5.1. Overview
6.5.2. Financials and business segments
6.5.3. Recent developments
6.6. Ocean Power Technologies, Inc.
6.6.1. Overview
6.6.2. Financials and business segments
6.6.3. Recent developments
6.7. Ocean Renewable Power Company LLC
6.7.1. Overview
6.7.2. Financials and business segments
6.7.3. Recent developments
6.8. S.D.E. Energy Ltd.
6.8.1. Overview
6.8.2. Financials and business segments
6.8.3. Recent developments
6.9. Tenax Energy Solutions LLC
6.9.1. Overview
6.9.2. Financials and business segments
6.9.3. Recent developments
6.10. Wave Power Ltd.
6.10.1. Overview
6.10.2. Financials and business segments
6.10.3. Recent developments
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. INTRODUCTION
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. MARKET LANDSCAPE
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Wave & Tidal Energy Market Shares Analysis, 2014-2025
3.4.1. Global wave & tidal energy market share by energy type, 2014-2025
3.4.2. Global wave & tidal energy market share by geography, 2014-2025
4. MARKET BY ENERGY TYPE
4.1. Wave Energy
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Tidal Energy
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
5. MARKET BY GEOGRAPHY
5.1. North America
5.1.1. U.S.
5.1.1.1. Historical Market Size, 2014-2016
5.1.1.2. Market Forecast, 2017-2025
5.1.2. Canada
5.1.2.1. Historical Market Size, 2014-2016
5.1.2.2. Market Forecast, 2017-2025
5.1.3. Mexico
5.1.3.1. Historical Market Size, 2014-2016
5.1.3.2. Market Forecast, 2017-2025
5.2. Europe
5.2.1. UK
5.2.1.1. Historical Market Size, 2014-2016
5.2.1.2. Market Forecast, 2017-2025
5.2.2. Germany
5.2.2.1. Historical Market Size, 2014-2016
5.2.2.2. Market Forecast, 2017-2025
5.2.3. France
5.2.3.1. Historical Market Size, 2014-2016
5.2.3.2. Market Forecast, 2017-2025
5.2.4. Spain
5.2.4.1. Historical Market Size, 2014-2016
5.2.4.2. Market Forecast, 2017-2025
5.2.5. Italy
5.2.5.1. Historical Market Size, 2014-2016
5.2.5.2. Market Forecast, 2017-2025
5.2.6. Rest of Europe
5.2.6.1. Historical Market Size, 2014-2016
5.2.6.2. Market Forecast, 2017-2025
5.3. Asia-Pacific
5.3.1. China
5.3.1.1. Historical Market Size, 2014-2016
5.3.1.2. Market Forecast, 2017-2025
5.3.2. Japan
5.3.2.1. Historical Market Size, 2014-2016
5.3.2.2. Market Forecast, 2017-2025
5.3.3. India
5.3.3.1. Historical Market Size, 2014-2016
5.3.3.2. Market Forecast, 2017-2025
5.3.4. Australia
5.3.4.1. Historical Market Size, 2014-2016
5.3.4.2. Market Forecast, 2017-2025
5.3.5. South Korea
5.3.5.1. Historical Market Size, 2014-2016
5.3.5.2. Market Forecast, 2017-2025
5.3.6. Rest of Asia-Pacific
5.3.6.1. Historical Market Size, 2014-2016
5.3.6.2. Market Forecast, 2017-2025
5.4. LAMEA
5.4.1. Brazil
5.4.1.1. Historical Market Size, 2014-2016
5.4.1.2. Market Forecast, 2017-2025
5.4.2. South Arabia
5.4.2.1. Historical Market Size, 2014-2016
5.4.2.2. Market Forecast, 2017-2025
5.4.3. South Africa
5.4.3.1. Historical Market Size, 2014-2016
5.4.3.2. Market Forecast, 2017-2025
5.4.4. Rest of LAMEA
5.4.4.1. Historical Market Size, 2014-2016
5.4.4.2. Market Forecast, 2017-2025
6. COMPANY PROFILES
6.1. Aquamarine Power Ltd.
6.1.1. Overview
6.1.2. Financials and business segments
6.1.3. Recent developments
6.2. AquaGen Technologies
6.2.1. Overview
6.2.2. Financials and business segments
6.2.3. Recent developments
6.3. Atlantis Resources Ltd.
6.3.1. Overview
6.3.2. Financials and business segments
6.3.3. Recent developments
6.4. Carnegie Wave Energy Ltd.
6.4.1. Overview
6.4.2. Financials and business segments
6.4.3. Recent developments
6.5. Marine Current Turbines Ltd.
6.5.1. Overview
6.5.2. Financials and business segments
6.5.3. Recent developments
6.6. Ocean Power Technologies, Inc.
6.6.1. Overview
6.6.2. Financials and business segments
6.6.3. Recent developments
6.7. Ocean Renewable Power Company LLC
6.7.1. Overview
6.7.2. Financials and business segments
6.7.3. Recent developments
6.8. S.D.E. Energy Ltd.
6.8.1. Overview
6.8.2. Financials and business segments
6.8.3. Recent developments
6.9. Tenax Energy Solutions LLC
6.9.1. Overview
6.9.2. Financials and business segments
6.9.3. Recent developments
6.10. Wave Power Ltd.
6.10.1. Overview
6.10.2. Financials and business segments
6.10.3. Recent developments
LIST OF TABLES
Table 1. Wave & Tidal Energy Market Share, by Energy Type, 2014-2025, $million
Table 2. Wave & Tidal Energy Market Share, by Region, 2014-2025, $million
Table 3. Wave & Tidal Energy Market Value, for Wave Energy, by Region, 2017-2025, $million
Table 4. Wave & Tidal Energy Market Value, for Tidal Energy, by Region, 2017-2025, $million
Table 5. Wave & Tidal Energy Market Value, for North America, by Region, 2014-2025, $million
Table 6. Wave & Tidal Energy Market Value, for North America, by Country, 2014-2025, $million
Table 7. Wave & Tidal Energy Market Value, for North America, by Energy Type, 2014-2025, $million
Table 8. Wave & Tidal Energy Market Value, for Europe, by Country, 2014-2025, $million
Table 9. Wave & Tidal Energy Market Value, for Europe, by Energy Type, 2014-2025, $million
Table 10. Wave & Tidal Energy Market Value, for Asia-Pacific, by Country, 2014-2025, $million
Table 11. Wave & Tidal Energy Market Value, for Asia-Pacific, by Energy Type, 2014-2025, $million
Table 12. Wave & Tidal Energy Market Value, for LAMEA, by Country, 2014-2025, $million
Table 13. Wave & Tidal Energy Market Value, for LAMEA, by Energy Type, 2014-2025, $million
Table 14. Aquamarine Power Ltd. - Company Snapshot
Table 15. AquaGen Technologies - Company Snapshot
Table 16. Atlantis Resources Ltd. - Company Snapshot
Table 17. Carnegie Wave Energy Ltd. - Company Snapshot
Table 18. Marine Current Turbines Ltd. - Company Snapshot
Table 19. Ocean Power Technologies, Inc. - Company Snapshot
Table 20. Ocean Renewable Power Company LLC - Company Snapshot
Table 21. S. D. E. Energy Ltd - Company Snapshot
Table 22. Tenax Energy Solutions LLC - Company Snapshot
Table 23. Wave Power Ltd. - Company Snapshot
Table 1. Wave & Tidal Energy Market Share, by Energy Type, 2014-2025, $million
Table 2. Wave & Tidal Energy Market Share, by Region, 2014-2025, $million
Table 3. Wave & Tidal Energy Market Value, for Wave Energy, by Region, 2017-2025, $million
Table 4. Wave & Tidal Energy Market Value, for Tidal Energy, by Region, 2017-2025, $million
Table 5. Wave & Tidal Energy Market Value, for North America, by Region, 2014-2025, $million
Table 6. Wave & Tidal Energy Market Value, for North America, by Country, 2014-2025, $million
Table 7. Wave & Tidal Energy Market Value, for North America, by Energy Type, 2014-2025, $million
Table 8. Wave & Tidal Energy Market Value, for Europe, by Country, 2014-2025, $million
Table 9. Wave & Tidal Energy Market Value, for Europe, by Energy Type, 2014-2025, $million
Table 10. Wave & Tidal Energy Market Value, for Asia-Pacific, by Country, 2014-2025, $million
Table 11. Wave & Tidal Energy Market Value, for Asia-Pacific, by Energy Type, 2014-2025, $million
Table 12. Wave & Tidal Energy Market Value, for LAMEA, by Country, 2014-2025, $million
Table 13. Wave & Tidal Energy Market Value, for LAMEA, by Energy Type, 2014-2025, $million
Table 14. Aquamarine Power Ltd. - Company Snapshot
Table 15. AquaGen Technologies - Company Snapshot
Table 16. Atlantis Resources Ltd. - Company Snapshot
Table 17. Carnegie Wave Energy Ltd. - Company Snapshot
Table 18. Marine Current Turbines Ltd. - Company Snapshot
Table 19. Ocean Power Technologies, Inc. - Company Snapshot
Table 20. Ocean Renewable Power Company LLC - Company Snapshot
Table 21. S. D. E. Energy Ltd - Company Snapshot
Table 22. Tenax Energy Solutions LLC - Company Snapshot
Table 23. Wave Power Ltd. - Company Snapshot
LIST OF FIGURES
Figure 1. Wave & Tidal Energy: Wave Energy Market Value, 2014-2016, $million
Figure 2. Wave & Tidal Energy: Tidal Energy Market Value, 2014-2016, $million
Figure 3. Wave & Tidal Energy: U.S. Market Value, 2014-2016, $million
Figure 4. Wave & Tidal Energy: U.S. Market Value, 2017-2025, $million
Figure 5. Wave & Tidal Energy: Canada Market Value, 2014-2016, $million
Figure 6. Wave & Tidal Energy: Canada Market Value, 2017-2025, $million
Figure 7. Wave & Tidal Energy: Mexico Market Value, 2014-2016, $million
Figure 8. Wave & Tidal Energy: Mexico Market Value, 2017-2025, $million
Figure 9. Wave & Tidal Energy: UK Market Value, 2014-2016, $million
Figure 10. Wave & Tidal Energy: UK Market Value, 2017-2025, $million
Figure 11. Wave & Tidal Energy: Germany Market Value, 2014-2016, $million
Figure 12. Wave & Tidal Energy: Germany Market Value, 2017-2025, $million
Figure 13. Wave & Tidal Energy: France Market Value, 2014-2016, $million
Figure 14. Wave & Tidal Energy: France Market Value, 2017-2025, $million
Figure 15. Wave & Tidal Energy: Spain Market Value, 2014-2016, $million
Figure 16. Wave & Tidal Energy: Spain Market Value, 2017-2025, $million
Figure 17. Wave & Tidal Energy: Italy Market Value, 2014-2016, $million
Figure 18. Wave & Tidal Energy: Italy Market Value, 2017-2025, $million
Figure 19. Wave & Tidal Energy: Rest of Europe Market Value, 2014-2016, $million
Figure 20. Wave & Tidal Energy: Rest of Europe Market Value, 2017-2025, $million
Figure 21. Wave & Tidal Energy: China Market Value, 2014-2016, $million
Figure 22. Wave & Tidal Energy: China Market Value, 2017-2025, $million
Figure 23. Wave & Tidal Energy: Japan Market Value, 2014-2016, $million
Figure 24. Wave & Tidal Energy: Japan Market Value, 2017-2025, $million
Figure 25. Wave & Tidal Energy: India Market Value, 2014-2016, $million
Figure 26. Wave & Tidal Energy: India Market Value, 2017-2025, $million
Figure 27. Wave & Tidal Energy: Australia Market Value, 2014-2016, $million
Figure 28. Wave & Tidal Energy: Australia Market Value, 2017-2025, $million
Figure 29. Wave & Tidal Energy: South Korea Market Value, 2014-2016, $million
Figure 30. Wave & Tidal Energy: South Korea Market Value, 2017-2025, $million
Figure 31. Wave & Tidal Energy: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 32. Wave & Tidal Energy: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 33. Wave & Tidal Energy: Brazil Market Value, 2014-2016, $million
Figure 34. Wave & Tidal Energy: Brazil Market Value, 2017-2025, $million
Figure 35. Wave & Tidal Energy: Saudi Arabia Market Value, 2014-2016, $million
Figure 36. Wave & Tidal Energy: Saudi Arabia Market Value, 2017-2025, $million
Figure 37. Wave & Tidal Energy: South Africa Market Value, 2014-2016, $million
Figure 38. Wave & Tidal Energy: South Africa Market Value, 2017-2025, $million
Figure 39. Wave & Tidal Energy: Rest of LAMEA Market Value, 2014-2016, $million
Figure 40. Wave & Tidal Energy: Rest of LAMEA Market Value, 2017-2025, $million
COMPANIES MENTIONED
The top players in the global wave and tidal energy market include Ocean Power Technologies, Inc., Marine Current Turbines Ltd., Atlantis Resources Ltd., Ocean Renewable Power Company LLC, Wave Power Ltd., Tenax Energy Solutions LLC, S.D.E. Energy Ltd., Carnegie Wave Energy Ltd., Aquamarine Power Ltd., and AquaGen Technologies.
Figure 1. Wave & Tidal Energy: Wave Energy Market Value, 2014-2016, $million
Figure 2. Wave & Tidal Energy: Tidal Energy Market Value, 2014-2016, $million
Figure 3. Wave & Tidal Energy: U.S. Market Value, 2014-2016, $million
Figure 4. Wave & Tidal Energy: U.S. Market Value, 2017-2025, $million
Figure 5. Wave & Tidal Energy: Canada Market Value, 2014-2016, $million
Figure 6. Wave & Tidal Energy: Canada Market Value, 2017-2025, $million
Figure 7. Wave & Tidal Energy: Mexico Market Value, 2014-2016, $million
Figure 8. Wave & Tidal Energy: Mexico Market Value, 2017-2025, $million
Figure 9. Wave & Tidal Energy: UK Market Value, 2014-2016, $million
Figure 10. Wave & Tidal Energy: UK Market Value, 2017-2025, $million
Figure 11. Wave & Tidal Energy: Germany Market Value, 2014-2016, $million
Figure 12. Wave & Tidal Energy: Germany Market Value, 2017-2025, $million
Figure 13. Wave & Tidal Energy: France Market Value, 2014-2016, $million
Figure 14. Wave & Tidal Energy: France Market Value, 2017-2025, $million
Figure 15. Wave & Tidal Energy: Spain Market Value, 2014-2016, $million
Figure 16. Wave & Tidal Energy: Spain Market Value, 2017-2025, $million
Figure 17. Wave & Tidal Energy: Italy Market Value, 2014-2016, $million
Figure 18. Wave & Tidal Energy: Italy Market Value, 2017-2025, $million
Figure 19. Wave & Tidal Energy: Rest of Europe Market Value, 2014-2016, $million
Figure 20. Wave & Tidal Energy: Rest of Europe Market Value, 2017-2025, $million
Figure 21. Wave & Tidal Energy: China Market Value, 2014-2016, $million
Figure 22. Wave & Tidal Energy: China Market Value, 2017-2025, $million
Figure 23. Wave & Tidal Energy: Japan Market Value, 2014-2016, $million
Figure 24. Wave & Tidal Energy: Japan Market Value, 2017-2025, $million
Figure 25. Wave & Tidal Energy: India Market Value, 2014-2016, $million
Figure 26. Wave & Tidal Energy: India Market Value, 2017-2025, $million
Figure 27. Wave & Tidal Energy: Australia Market Value, 2014-2016, $million
Figure 28. Wave & Tidal Energy: Australia Market Value, 2017-2025, $million
Figure 29. Wave & Tidal Energy: South Korea Market Value, 2014-2016, $million
Figure 30. Wave & Tidal Energy: South Korea Market Value, 2017-2025, $million
Figure 31. Wave & Tidal Energy: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 32. Wave & Tidal Energy: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 33. Wave & Tidal Energy: Brazil Market Value, 2014-2016, $million
Figure 34. Wave & Tidal Energy: Brazil Market Value, 2017-2025, $million
Figure 35. Wave & Tidal Energy: Saudi Arabia Market Value, 2014-2016, $million
Figure 36. Wave & Tidal Energy: Saudi Arabia Market Value, 2017-2025, $million
Figure 37. Wave & Tidal Energy: South Africa Market Value, 2014-2016, $million
Figure 38. Wave & Tidal Energy: South Africa Market Value, 2017-2025, $million
Figure 39. Wave & Tidal Energy: Rest of LAMEA Market Value, 2014-2016, $million
Figure 40. Wave & Tidal Energy: Rest of LAMEA Market Value, 2017-2025, $million
COMPANIES MENTIONED
The top players in the global wave and tidal energy market include Ocean Power Technologies, Inc., Marine Current Turbines Ltd., Atlantis Resources Ltd., Ocean Renewable Power Company LLC, Wave Power Ltd., Tenax Energy Solutions LLC, S.D.E. Energy Ltd., Carnegie Wave Energy Ltd., Aquamarine Power Ltd., and AquaGen Technologies.
