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Global Wave Energy Market Size study, by Technology (Oscillating Water Column, Oscillating Body Converters, Overtopping Converters), by Location ( Onshore, Near shore, Offshore), by Application (Desalination, Power Generation, Environmental Protection) and Regional Forecasts 2020-2026

April 2020 | 200 pages | ID: G6103B0E1D2BEN
Bizwit Research & Consulting LLP

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Global Wave Energy Market is valued approximately at USD 37 million in 2019 and is anticipated to grow with a healthy growth rate of more than 19.3% over the forecast period 2020-2026. Wave energy is the power utilized from sea or ocean waves. It is also known as sea wave energy or ocean energy which is used for electricity generation, water desalination, pumping of water, and numerous additional tasks. Foremost trend being observed in the global wave energy market is the increased funding in the development of power projects linked with wave energy. Due to the inadequate availability of traditional fuels such as gas, oil, and coal in conjunction with correlated pollution issued by the utilization of these fuel sources and escalating investing in cleaner energy sources are key driving forces of the market growth. These wave energy resources are plentiful in nature and are ecologically friendly. Due to benefits of wave energy source, there has been a soaring trend of investment in wave energy projects. For instance, The Energy Department of United states in 2019, granted $25 Million for Next-Generation Marine Energy Research Projects including wave energy. Similarly, in 2019, European Regional Development Fund announced investment of about $5.5 million to speed up the development of a floating offshore wave and wind technology for power generation in deep water locations. Furthermore, robust government policy framework and incentive schemes is expected to create significant growth opportunity in the market over the forecast period. However, intermittent nature of certain wave impedes the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Wave Energy market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to strong focus on R&D and renewable energy and Growing POWER Demand from the coastal areas in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as Public funding programs, environmental regulations, government policies, ambitious renewables target and competition would create lucrative growth prospects for the Wave Energy market across Asia-Pacific region.

Major market player included in this report are:
Aquamarine Power ltd
Pelamis Wave Power Ltd.
Carnegie Wave Energy Ltd.
Ocean Power Technologies, Inc.
Ocean Renewable Power Company LLC,
Tenax Energy Solutions LLC
AquaGen Technologies
Atlantis Resources Ltd.
S.D.E. Energy Ltd.
Marine Current Turbines Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Oscillating Water Column
Oscillating Body Converters
Overtopping Converters
By Location:
Onshore
Near shore
Offshore
By Application:
Desalination
Power Generation
Environmental Protection
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Wave Energy Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
  1.2.1. Wave Energy Market, by Region, 2018-2026 (USD Million)
  1.2.2. Wave Energy Market, by Technology, 2018-2026 (USD Million)
  1.2.3. Wave Energy Market, by Location, 2018-2026 (USD Million)
  1.2.4. Wave Energy Market, by Application, 2018-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL WAVE ENERGY MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL WAVE ENERGY MARKET DYNAMICS

3.1. Wave Energy Market Impact Analysis (2018-2026)
  3.1.1. Market Drivers
  3.1.2. Market Challenges
  3.1.3. Market Opportunities

CHAPTER 4. GLOBAL WAVE ENERGY MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL WAVE ENERGY MARKET, BY TECHNOLOGY

5.1. Market Snapshot
5.2. Global Wave Energy Market by Technology, Performance - Potential Analysis
5.3. Global Wave Energy Market Estimates & Forecasts by Technology 2016-2026 (USD Million)
5.4. Wave Energy Market, Sub Segment Analysis
  5.4.1. Oscillating Water Column
  5.4.2. Oscillating Body Converters
  5.4.3. Overtopping Converters

CHAPTER 6. GLOBAL WAVE ENERGY MARKET, BY LOCATION

6.1. Market Snapshot
6.2. Global Wave Energy Market by Location, Performance - Potential Analysis
6.3. Global Wave Energy Market Estimates & Forecasts by Location 2016-2026 (USD Million)
6.4. Wave Energy Market, Sub Segment Analysis
  6.4.1. Onshore
  6.4.2. Near shore
  6.4.3. Offshore

CHAPTER 7. GLOBAL WAVE ENERGY MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Wave Energy Market by Location, Performance - Potential Analysis
7.3. Global Wave Energy Market Estimates & Forecasts by Location 2016-2026 (USD Million)
7.4. Wave Energy Market, Sub Segment Analysis
  7.4.1. Desalination
  7.4.2. Power Generation
  7.4.3. Environmental Protection

CHAPTER 8. GLOBAL WAVE ENERGY MARKET, REGIONAL ANALYSIS

8.1. Wave Energy Market, Regional Market Snapshot
8.2. North America Wave Energy Market
  8.2.1. U.S. Wave Energy Market
    8.2.1.1. Technology breakdown estimates & forecasts, 2016-2026
    8.2.1.2. Location breakdown estimates & forecasts, 2016-2026
    8.2.1.3. Application breakdown estimates & forecasts, 2016-2026
  8.2.2. Canada Wave Energy Market
8.3. Europe Wave Energy Market Snapshot
  8.3.1. U.K. Wave Energy Market
  8.3.2. Germany Wave Energy Market
  8.3.3. Rest of Europe Wave Energy Market
8.4. Asia-Pacific Wave Energy Market Snapshot
  8.4.1. China Wave Energy Market
  8.4.2. India Wave Energy Market
  8.4.3. Japan Wave Energy Market
  8.4.4. Rest of Asia Pacific Wave Energy Market
8.5. Latin America Wave Energy Market Snapshot
  8.5.1. Brazil Wave Energy Market
  8.5.2. Mexico Wave Energy Market
8.6. Rest of The World Wave Energy Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Aquamarine Power ltd
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Pelamis Wave Power Ltd.
  9.2.3. Carnegie Wave Energy Ltd.
  9.2.4. Ocean Power Technologies, Inc.
  9.2.5. Ocean Renewable Power Company LLC,
  9.2.6. Tenax Energy Solutions LLC
  9.2.7. AquaGen Technologies
  9.2.8. Atlantis Resources Ltd.
  9.2.9. S.D.E. Energy Ltd.
  9.2.10. Marine Current Turbines Ltd.

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. List of secondary sources, used in the study of global Wave Energy market
TABLE 2. List of primary sources, used in the study of global Wave Energy market
TABLE 3. Global Wave Energy market, report scope
TABLE 4. Years considered for the study
TABLE 5. Exchange rates considered
TABLE 6. Global Wave Energy market estimates & forecasts by region 2016-2026 (USD Million)
TABLE 7. Global Wave Energy market estimates & forecasts by Technology 2016-2026 (USD Million)
TABLE 8. Global Wave Energy market estimates & forecasts by Location 2016-2026 (USD Million)
TABLE 9. Global Wave Energy market estimates & forecasts by Application 2016-2026 (USD Million)
TABLE 10. Global Wave Energy market by segment, estimates & forecasts, 2016-2026 (USD Million)
TABLE 11. Global Wave Energy market by region, estimates & forecasts, 2016-2026 (USD Million)
TABLE 12. Global Wave Energy market by segment, estimates & forecasts, 2016-2026 (USD Million)
TABLE 13. Global Wave Energy market by region, estimates & forecasts, 2016-2026 (USD Million)
TABLE 14. Global Wave Energy market by segment, estimates & forecasts, 2016-2026 (USD Million)
TABLE 15. Global Wave Energy market by region, estimates & forecasts, 2016-2026 (USD Million)
TABLE 16. Global Wave Energy market by segment, estimates & forecasts, 2016-2026 (USD Million)
TABLE 17. Global Wave Energy market by region, estimates & forecasts, 2016-2026 (USD Million)
TABLE 18. Global Wave Energy market by segment, estimates & forecasts, 2016-2026 (USD Million)
TABLE 19. Global Wave Energy market by region, estimates & forecasts, 2016-2026 (USD MILLION)
TABLE 20. U.S. Wave Energy market estimates & forecasts, 2016-2026 (USD MILLION)
TABLE 21. U.S. Wave Energy market estimates & forecasts by segment 2016-2026 (USD MILLION)
TABLE 22. U.S. Wave Energy market estimates & forecasts by segment 2016-2026 (USD MILLION)
TABLE 23. CANADA Wave Energy market estimates & forecasts, 2016-2026 (USD MILLION)
TABLE 24. CANADA Wave Energy market estimates & forecasts by segment 2016-2026 (USD MILLION)
TABLE 25. Canada Wave Energy market estimates & forecasts by segment 2016-2026 (USD MILLION)
TABLE 26. UK Wave Energy market estimates & forecasts, 2016-2026 (USD MILLION)
TABLE 27. UK Wave Energy market estimates & forecasts by segment 2016-2026 (USD MILLION)
TABLE 28. UK WAVE ENERGY MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD MILLION)
TABLE 29. Germany Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 30. Germany Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 31. Germany Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 32. Roe Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 33. Roe Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 34. Roe Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 35. China Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 36. China Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 37. China Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 38. India Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 39. India Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 40. India Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 41. Japan Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 42. Japan Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 43. Japan Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 44. ROAPAC Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 45. ROAPAC Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 46. ROAPAC Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 47. Brazil Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 48. Brazil Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 49. Brazil Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 50. Mexico Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 51. Mexico Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 52. Mexico Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 53. ROLA Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 54. ROLA Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 55. ROLA Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 56. ROW Wave Energy market estimates & forecasts, 2016-2026 (USD Million)
TABLE 57. ROW Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)
TABLE 58. ROW Wave Energy market estimates & forecasts by segment 2016-2026 (USD Million)

LIST OF FIGURES

FIG 1. Global Wave Energy market, research methodology
FIG 2. Global Wave Energy market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Wave Energy market, key trends 2019
FIG 5. Global Wave Energy market, growth prospects 2020-2026
FIG 6. Global Wave Energy market, porters 5 force model
FIG 7. Global Wave Energy market, pest analysis
FIG 8. Global Wave Energy market, value chain analysis
FIG 9. Global Wave Energy market by segment, 2016 & 2026 (USD Million)
FIG 10. Global Wave Energy market by segment, 2016 & 2026 (USD Million)
FIG 11. Global Wave Energy market by segment, 2016 & 2026 (USD Million)
FIG 12. Global Wave Energy market by segment, 2016 & 2026 (USD Million)
FIG 13. Global Wave Energy market by segment, 2016 & 2026 (USD Million)
FIG 14. Global Wave Energy market, regional snapshot 2016 & 2026
FIG 15. North America Wave Energy market 2016 & 2026 (USD Million)
FIG 16. Europe Wave Energy market 2016 & 2026 (USD Million)
FIG 17. Asia pacific Wave Energy market 2016 & 2026 (USD Million)
FIG 18. Latin America Wave Energy market 2016 & 2026 (USD Million)
FIG 19. Global Wave Energy market, company market share analysis (2019)


COMPANIES MENTIONED

Aquamarine Power ltd
Pelamis Wave Power Ltd.
Carnegie Wave Energy Ltd.
Ocean Power Technologies, Inc.
Ocean Renewable Power Company LLC,
Tenax Energy Solutions LLC
AquaGen Technologies
Atlantis Resources Ltd.
S.D.E. Energy Ltd.
Marine Current Turbines Ltd.


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