Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022

January 2016 | 145 pages | ID: WA2DDE017FCEN
Market Research Engine

Abstracts

Wave and tidal energy are systems for saddling energy of seas for force era. Nations around the globe are progressively hoping to use these types of renewable energy as they give a consistent and enduring wellspring of clean energy. Plenitude of sea surface and noteworthy capability of energy era in countries over the world has driven them to seek after sea energy era as an imperative piece of their future renewable energy blend. Investment subsidizing and government stipend plans are the essential parts of this segment. At present, innovation advancement and business organization of tasks is at the early stage. Wave and Tidal energy may develop as two of the most encouraging energy era innovations later on. Be that as it may, for that objective to come into realization the bolster instruments from national governments and private financers need to stay steady until the innovation is develop enough. Like any renewable energy innovation recently presented, the wave and tidal energy area additionally experiences higher expenses of establishments. Scaling up of assembling and involvement in huge scale venture advancement will go far in promoting players make the innovation industrially reasonable quickly.

This exploration is intended to gauge, break down and conjecture the business sector volume and income for the wind and tidal force era market. It gives a top to bottom investigation of the business sector size of wave and tidal force as far as volume (introduced limit) and income (interests in the division for including limit). The report investigates the wave and tidal energy division in subtle element alongside profound jump research spreading over three districts and eight nations. It gives nitty gritty examination, verifiable information and measurably refined estimate for wave and tidal energy plants provincially. Nation savvy markets for wave, tidal or both types of energy have been given independently, contingent on the speculation opinion in the particular economies. The organization piece of the pie in the area for both wave and tidal energy plants has been given independently to 2013.

The business sector size for wave and tidal force era has been assessed by examining the conceivable future innovation patterns in the business sector. Nitty gritty exploration of nations and locale particular wave and tidal affiliations has been embraced to gauge and estimate the introduced limit and interests in the wave and tidal energy segment. Locally, the business sector has been divided into North America, Europe and Asia Pacific. Inferable from a restricted infiltration of these advances in whatever remains of the world, the RoW portion has not been incorporated into this business sector study. A critical part of this report is the up and coming task points of interest for both wave and tidal energy. This gives an unmistakable thought of nation astute activities arranged and the conditional course of events by which the business would accomplish business organization of its innovations. Tidal Range and Tidal Stream plants have been represented together in this study for comprehension the general tidal energy sending country shrewd.

Wave and tidal force plant advances are prone to encounter huge changes regarding singular piece of the pie from 2013 to 2020. The innovation improvement is still in the introductory stage for both wave and tidal energy. This leaves adequate extension for new players to enter the business sector by presenting new and propelled advancements. Itemized cost breakdown investigation of both wave and tidal energy plants has been given in the study. Fetched projections of individual cost segments have been done for the figure period, upheld by subjective investigation. The significant business sector players in the wave and tidal energy business have been profiled in the business sector study to distinguish market entrance techniques and winning goals for them. The worldwide wave and tidal force era market has been divided as beneath:

Wave and tidal power generation market: Type analysis:

• Wave energy
• Tidal analysis

Wave and tidal power generation market: Geography analysis:

• North America
• The U.S.
• Canada
• Europe
• The U.K.
• Scotland
• France
• Others
• Asia Pacific
• South Korea
• Australia
• China
• Others

Contents

CHAPTER 1 PREFACE

1.1 REPORT DESCRIPTION
1.2 RESEARCH SCOPE
1.3 MARKET SEGMENTATION
1.4 RESEARCH METHODOLOGY

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

3.1 INTRODUCTION
3.2 VALUE CHAIN ANALYSIS
3.3 MARKET DRIVERS
  3.3.1 PREDICTABLE AND CONSTANT SOURCE OF RENEWABLE ENERGY
  3.3.2 SCALABILITY WITHIN A SMALL AREA ALLOWING LARGE PROJECT DEVELOPMENT IN PHASES
  3.3.3 GENERATION OF POWER FOR REMOTE LOCATIONS WHERE DRAWING GRID CONNECTIONS ARE NOT COST EFFECTIVE OR FEASIBLE
  3.3.4 STRONG GOVERNMENT POLICY FRAMEWORK AND INCENTIVE SCHEMES
3.4 MARKET RESTRAINTS
  3.4.1 HIGH CAPITAL INVESTMENTS AND LACK OF FUNDING CHANNELS
  3.4.2 LACK OF COMMERCIAL DEPLOYMENT OF PROJECTS DUE TO LOW TECHNOLOGY MATURITY
3.5 MARKET OPPORTUNITIES
  3.5.1 MASSIVE COST REDUCTION OPPORTUNITIES THROUGH TECHNOLOGICAL INNOVATIONS AND CAPACITY UP-SCALING
3.6 PORTER’S FIVE FORCES ANALYSIS
  3.6.1 BARGAINING POWER OF SUPPLIERS
  3.6.2 BARGAINING POWER OF BUYERS
  3.6.3 THREAT FROM NEW ENTRANTS
  3.6.4 DEGREE OF COMPETITION
  3.6.5 THREAT FROM SUBSTITUTES
3.7 WAVE AND TIDAL ENERGY: LIFETIME PLANT COST ANALYSIS
  3.7.1 WAVE ENERGY GENERATION
    3.7.1.1 Global Wave Energy generation cost reduction opportunities, By cost type
    3.7.1.2 Global Wave Energy generation lifetime plant cost breakdown and forecast, by cost type, 2013 – 2022, (Million USD/MW)
  3.7.2 TIDAL ENERGY GENERATION
    3.7.2.1 Global Tidal Energy generation cost reduction opportunities, By cost type
    3.7.2.2 Global Tidal Energy generation lifetime plant cost breakdown and forecast, by cost type, 2013 – 2022, (Million USD/MW)
3.8 WAVE AND TIDAL ENERGY: GLOBAL REGULATORY LANDSCAPE
  3.8.1 U.K & Scotland Wave and Tidal Energy financial incentive schemes
3.9 MARKET ATTRACTIVENESS ANALYSIS OF THE WAVE AND TIDAL ENERGY MARKET, BY REGION, 2013
3.10 COMPANY MARKET SHARE ANALYSIS
  3.10.1 COMPANY MARKET SHARE ANALYSIS : TIDAL ENERGY
    3.10.1.1 Tidal Energy, company market share analysis (MW), 2013
  3.10.2 COMPANY MARKET SHARE ANALYSIS : WAVE ENERGY
    3.10.2.1 Wave Energy, company market share analysis (MW), 2013

CHAPTER 4 WAVE AND TIDAL ENERGY MARKET: TYPE ANALYSIS

4.1 GLOBAL WAVE AND TIDAL ENERGY MARKET: TYPE OVERVIEW
  4.1.1 GLOBAL WAVE AND TIDAL ENERGY MARKET, VOLUME SHARE BY TYPE, 2013-2022
4.2 WAVE POWER PLANTS
  4.2.1 GLOBAL WAVE POWER PLANT CAPACITY ESTIMATES AND FORECASTS, 2014 - 2022 (MW) (USD MILLION)
4.3 TIDAL POWER PLANTS
  4.3.1 GLOBAL TIDAL POWER PLANT CAPACITY ESTIMATES AND FORECASTS, 2014 - 2022 (MW) (USD MILLION)

CHAPTER 5 WAVE AND TIDAL ENERGY MARKET: REGIONAL ANALYSIS

5.1 GLOBAL WAVE AND TIDAL ENERGY MARKET: REGIONAL OVERVIEW
  5.1.1 GLOBAL TIDAL ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)
  5.1.2 GLOBAL WAVE ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)
  5.1.3 GLOBAL WAVE AND TIDAL ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)
5.2 EUROPE
  5.2.1 EUROPE WAVE ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.2.2 EUROPE TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.2.3 EUROPE WAVE AND TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.2.4 SCOTLAND
    5.2.4.1 Scotland wave energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.2.4.2 Scotland tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.2.4.3 Scotland wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.2.5 UNITED KINGDOM (U.K.)
    5.2.5.1 U.K. wave energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.2.5.2 U.K. tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.2.5.3 U.K. wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.2.6 FRANCE
    5.2.6.1 France tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.2.7 OTHERS
    5.2.7.1 Others wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.2.8 PROPOSED WAVE AND TIDAL POWER PROJECTS: EUROPE
    5.2.8.1 Proposed Wave projects
    5.2.8.2 Proposed Tidal Projects
  5.2.9 REGULATORY FRAMEWORK SNAPSHOT: EUROPE
5.3 ASIA PACIFIC
  5.3.1 ASIA PACIFIC WAVE ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.3.2 ASIA PACIFIC TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.3.3 ASIA PACIFIC WAVE AND TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.3.4 SOUTH KOREA
    5.3.4.1 South Korea tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.3.5 AUSTRALIA
    5.3.5.1 Australia wave energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.3.6 CHINA
    5.3.6.1 China wave energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.3.6.2 China tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.3.6.3 China wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.3.7 OTHERS
    5.3.7.1 Others wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.3.8 PROPOSED WAVE AND TIDAL POWER PROJECTS: ASIA PACIFIC
    5.3.8.1 Proposed Wave Projects
    5.3.8.2 Proposed Tidal Projects
  5.3.9 REGULATORY FRAMEWORK SNAPSHOT: ASIA PACIFIC
5.4 NORTH AMERICA
  5.4.1 NORTH AMERICA WAVE ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.4.2 NORTH AMERICA TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.4.3 NORTH AMERICA WAVE AND TIDAL ENERGY MARKET ESTIMATES AND FORECAST, 2014 – 2022 (MW) (USD MILLION)
  5.4.4 UNITED STATES
    5.4.4.1 U.S. wave energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.4.4.2 U.S. tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
    5.4.4.3 U.S. wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.4.5 CANADA
    5.4.5.1 Canada wave and tidal energy market estimates and forecast, 2014 – 2022 (MW) (USD Million)
  5.4.6 REGULATORY FRAMEWORK SNAPSHOT: NORTH AMERICA

CHAPTER 6 COMPANY PROFILES

6.1 AQUAMARINE POWER LTD.
  6.1.1 COMPANY OVERVIEW
  6.1.2 PRODUCT PORTFOLIO
  6.1.3 BUSINESS STRATEGY
  6.1.4 SWOT ANALYSIS
  6.1.5 RECENT DEVELOPMENTS
6.2 CARNEGIE WAVE ENERGY
  6.2.1 COMPANY OVERVIEW
  6.2.2 PRODUCT PORTFOLIO
  6.2.3 FINANCIAL OVERVIEW
  6.2.4 BUSINESS STRATEGY
  6.2.5 SWOT ANALYSIS
  6.2.6 RECENT DEVELOPMENTS
6.3 MARINE CURRENT TURBINES LTD.
  6.3.1 COMPANY OVERVIEW
  6.3.2 PRODUCT PORTFOLIO
  6.3.3 BUSINESS STRATEGY
  6.3.4 SWOT ANALYSIS
  6.3.5 RECENT DEVELOPMENTS
6.4 OCEAN POWER TECHNOLOGIES INC.
  6.4.1 COMPANY OVERVIEW
  6.4.2 PRODUCT PORTFOLIO
  6.4.3 FINANCIAL OVERVIEW
  6.4.4 BUSINESS STRATEGY
  6.4.5 SWOT ANALYSIS
  6.4.6 RECENT DEVELOPMENTS
6.5 OCEAN RENEWABLE POWER COMPANY LLC
  6.5.1 COMPANY OVERVIEW
  6.5.2 PRODUCT PORTFOLIO
  6.5.3 BUSINESS STRATEGY
  6.5.4 SWOT ANALYSIS
  6.5.5 RECENT DEVELOPMENTS
6.6 TENAX ENERGY
  6.6.1 COMPANY OVERVIEW
  6.6.2 PRODUCT PORTFOLIO
  6.6.3 BUSINESS STRATEGY
  6.6.4 SWOT ANALYSIS
6.7 AQUAGEN TECHNOLOGIES
  6.7.1 COMPANY OVERVIEW
  6.7.2 PRODUCT PORTFOLIO
  6.7.3 FINANCIAL OVERVIEW
  6.7.4 BUSINESS STRATEGY
  6.7.5 SWOT ANALYSIS
  6.7.6 RECENT DEVELOPMENTS
6.8 ATLANTIS RESOURCES LTD.
  6.8.1 COMPANY OVERVIEW
  6.8.2 PRODUCT PORTFOLIO
  6.8.3 FINANCIAL OVERVIEW
  6.8.4 BUSINESS STRATEGY
  6.8.5 SWOT ANALYSIS
6.9 PELAMIS WAVE POWER
  6.9.1 COMPANY OVERVIEW
  6.9.2 PRODUCT PORTFOLIO
  6.9.3 BUSINESS STRATEGY
  6.9.4 SWOT ANALYSIS
6.10 S.D.E ENERGY LTD.
  6.10.1 COMPANY OVERVIEW
  6.10.2 PRODUCT PORTFOLIO
  6.10.3 BUSINESS STRATEGY
  6.10.4 SWOT ANALYSIS

List Of Figures

LIST OF FIGURES

FIG. 1 WAVE AND TIDAL ENERGY: MARKET SEGMENTATION

FIG. 2 GLOBAL WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 3 VALUE CHAIN ANALYSIS OF WAVE AND TIDAL ENERGY

FIG. 4 FIG: PORTER’S FIVE FORCES ANALYSIS

FIG. 5 WAVE ENERGY GENERATION MARKET, INDIVIDUAL COST BREAKDOWN OF LIFETIME PLANT COST, 2013

FIG. 6 TIDAL ENERGY GENERATION MARKET, LIFETIME PLANT COST BREAKDOWN OF OVERALL DEVELOPMENT COST, 2013

FIG. 7 MARKET ATTRACTIVENESS ANALYSIS OF WAVE ENERGY MARKET, BY REGION, 2013

FIG. 8 MARKET ATTRACTIVENESS ANALYSIS OF TIDAL ENERGY MARKET, BY REGION, 2013

FIG. 9 COMPANY MARKET SHARE OF TIDAL ENERGY INDUSTRY (MW), 2013

FIG. 10 COMPANY MARKET SHARE OF WAVE ENERGY INDUSTRY (MW), 2013

FIG. 11 GLOBAL WAVE AND TIDAL ENERGY MARKET, VOLUME SHARE BY TYPE, 2013 - 2022

FIG. 12 GLOBAL WAVE POWER PLANT CAPACITY ESTIMATES AND FORECASTS, 2014 - 2022 (MW) (USD MILLION)

FIG. 13 GLOBAL TIDAL POWER PLANT CAPACITY ESTIMATES AND FORECASTS, 2014 – 2022 (MW) (USD MILLION)

FIG. 14 GLOBAL TIDAL ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)

FIG. 15 GLOBAL WAVE ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)

FIG. 16 GLOBAL WAVE AND TIDAL ENERGY MARKET, VOLUME SHARE BY REGION, 2013 AND 2022 (MW)

FIG. 17 EUROPE WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 18 EUROPE TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 19 EUROPE WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 20 SCOTLAND WAVE ENERGY MARKET CAPACITY AND GENERATION, 2014 – 2022 (MW) (USD MILLION)

FIG. 21 SCOTLAND TIDAL ENERGY MARKET CAPACITY AND GENERATION, 2014 – 2022 (MW) (USD MILLION)

FIG. 22 SCOTLAND WAVE AND TIDAL ENERGY MARKET CAPACITY AND GENERATION, 2014 – 2022 (MW) (USD MILLION)

FIG. 23 U.K. WAVE ENERGY MARKET CAPACITY AND GENERATION, 2014 – 2022 (MW) (USD MILLION)

FIG. 24 U.K. TIDAL ENERGY MARKET CAPACITY AND GENERATION, 2014 – 2022 (MW) (USD MILLION)

FIG. 25 U.K. WAVE AND TIDAL ENERGY MARKET CAPACITY AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 26 FRANCE TIDAL ENERGY MARKET CAPACITY AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 27 OTHERS WAVE AND TIDAL ENERGY MARKET CAPACITY AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 28 ASIA PACIFIC WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 29 ASIA PACIFIC TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 30 ASIA PACIFIC WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 31 SOUTH KOREA TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 32 AUSTRALIA WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 33 CHINA WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 34 CHINA TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 35 CHINA WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 36 OTHERS WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 37 NORTH AMERICA WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 38 NORTH AMERICA TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 39 NORTH AMERICA WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 40 U.S. WAVE ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 41 U.S. TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 42 U.S. WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

FIG. 43 U.S. WAVE AND TIDAL ENERGY MARKET VOLUME AND REVENUE, 2014 – 2022 (MW) (USD MILLION)

List Of Tables

LIST OF TABLES

TABLE 1 GLOBAL WAVE AND TIDAL ENERGY MARKET: SNAPSHOT

TABLE 2 DRIVERS OF WAVE AND TIDAL ENERGY MARKET: IMPACT ANALYSIS

TABLE 3 RESTRAINTS OF WAVE AND TIDAL ENERGY MARKET: IMPACT ANALYSIS

TABLE 4 GLOBAL WAVE ENERGY GENERATION COST REDUCTION OPPORTUNITIES, BY COST TYPE

TABLE 5 GLOBAL WAVE ENERGY GENERATION LIFETIME PLANT COST BREAKDOWN AND FORECAST, BY COST TYPE, 2013 - 2022 (MILLION USD/MW)

TABLE 6 GLOBAL TIDAL ENERGY GENERATION COST REDUCTION OPPORTUNITIES, BY COST TYPE

TABLE 7 GLOBAL TIDAL ENERGY GENERATION LIFETIME PLANT COST BREAKDOWN AND FORECAST, BY COST TYPE, 2013 - 2022 (MILLION USD/MW)

TABLE 8 U.K & SCOTLAND WAVE AND TIDAL ENERGY FINANCIAL INCENTIVE SCHEMES, BY SCHEME NAME AND DESCRIPTION