The global market for Ocean Wave Energy Technology was valued at US$ 2133 million in the year 2024 and is projected to reach a revised size of US$ 3180 million by 2031, growing at a CAGR of 5.5% during the forecast period.
Ocean Wave Energy Technology refers to the process of harnessing the energy created by ocean waves and converting it into usable electricity. It is part of the broader category of marine renewable energy (MRE), alongside tidal, ocean thermal, and salinity gradient energy. Wave energy is considered a promising source of clean, renewable energy due to the vast, predictable, and powerful nature of ocean waves.
North American market for Ocean Wave Energy Technology is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Ocean Wave Energy Technology is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for Ocean Wave Energy Technology in Offshore Power Generation is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of Ocean Wave Energy Technology include Ocean Power Technologies, CorPower Ocean, Waves4Power, Marine Power Systems, Carnegie Clean Energy, AW-Energy, Seabased, Eco Wave Power, HydroQuest, Pelamis Wave Power, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Ocean Wave Energy Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ocean Wave Energy Technology.
The Ocean Wave Energy Technology market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Ocean Wave Energy Technology market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Ocean Wave Energy Technology companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
麻豆原创 Segmentation
By Company
Ocean Power Technologies
CorPower Ocean
Waves4Power
Marine Power Systems
Carnegie Clean Energy
AW-Energy
Seabased
Eco Wave Power
HydroQuest
Pelamis Wave Power
Orbital Marine Power
Sustainable Marine Energy
Lighthouse Wave Power
Segment by Type
Oscillating Water Column
Point Absorber
Oscillating Body
Overtopping Device
Pressure Differential
Segment by Application
Offshore Power Generation
Ocean Monitoring
Seawater Desalination
Offshore Communication
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Ocean Wave Energy Technology company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 麻豆原创 Analysis by Type
1.2.1 Global Ocean Wave Energy Technology 麻豆原创 Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Oscillating Water Column
1.2.3 Point Absorber
1.2.4 Oscillating Body
1.2.5 Overtopping Device
1.2.6 Pressure Differential
1.3 麻豆原创 by Application
1.3.1 Global Ocean Wave Energy Technology 麻豆原创 Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Offshore Power Generation
1.3.3 Ocean Monitoring
1.3.4 Seawater Desalination
1.3.5 Offshore Communication
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Ocean Wave Energy Technology 麻豆原创 Perspective (2020-2031)
2.2 Global Ocean Wave Energy Technology Growth Trends by Region
2.2.1 Global Ocean Wave Energy Technology 麻豆原创 Size by Region: 2020 VS 2024 VS 2031
2.2.2 Ocean Wave Energy Technology Historic 麻豆原创 Size by Region (2020-2025)
2.2.3 Ocean Wave Energy Technology Forecasted 麻豆原创 Size by Region (2026-2031)
2.3 Ocean Wave Energy Technology 麻豆原创 Dynamics
2.3.1 Ocean Wave Energy Technology Industry Trends
2.3.2 Ocean Wave Energy Technology 麻豆原创 Drivers
2.3.3 Ocean Wave Energy Technology 麻豆原创 Challenges
2.3.4 Ocean Wave Energy Technology 麻豆原创 Restraints
3 Competition Landscape by Key Players
3.1 Global Top Ocean Wave Energy Technology Players by Revenue
3.1.1 Global Top Ocean Wave Energy Technology Players by Revenue (2020-2025)
3.1.2 Global Ocean Wave Energy Technology Revenue 麻豆原创 Share by Players (2020-2025)
3.2 Global Top Ocean Wave Energy Technology Players by Company Type and 麻豆原创 Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Ocean Wave Energy Technology Revenue
3.4 Global Ocean Wave Energy Technology 麻豆原创 Concentration Ratio
3.4.1 Global Ocean Wave Energy Technology 麻豆原创 Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Ocean Wave Energy Technology Revenue in 2024
3.5 Global Key Players of Ocean Wave Energy Technology Head office and Area Served
3.6 Global Key Players of Ocean Wave Energy Technology, Product and Application
3.7 Global Key Players of Ocean Wave Energy Technology, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Ocean Wave Energy Technology Breakdown Data by Type
4.1 Global Ocean Wave Energy Technology Historic 麻豆原创 Size by Type (2020-2025)
4.2 Global Ocean Wave Energy Technology Forecasted 麻豆原创 Size by Type (2026-2031)
5 Ocean Wave Energy Technology Breakdown Data by Application
5.1 Global Ocean Wave Energy Technology Historic 麻豆原创 Size by Application (2020-2025)
5.2 Global Ocean Wave Energy Technology Forecasted 麻豆原创 Size by Application (2026-2031)
6 North America
6.1 North America Ocean Wave Energy Technology 麻豆原创 Size (2020-2031)
6.2 North America Ocean Wave Energy Technology 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Ocean Wave Energy Technology 麻豆原创 Size by Country (2020-2025)
6.4 North America Ocean Wave Energy Technology 麻豆原创 Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Ocean Wave Energy Technology 麻豆原创 Size (2020-2031)
7.2 Europe Ocean Wave Energy Technology 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Ocean Wave Energy Technology 麻豆原创 Size by Country (2020-2025)
7.4 Europe Ocean Wave Energy Technology 麻豆原创 Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Ocean Wave Energy Technology 麻豆原创 Size (2020-2031)
8.2 Asia-Pacific Ocean Wave Energy Technology 麻豆原创 Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Ocean Wave Energy Technology 麻豆原创 Size by Region (2020-2025)
8.4 Asia-Pacific Ocean Wave Energy Technology 麻豆原创 Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Ocean Wave Energy Technology 麻豆原创 Size (2020-2031)
9.2 Latin America Ocean Wave Energy Technology 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Ocean Wave Energy Technology 麻豆原创 Size by Country (2020-2025)
9.4 Latin America Ocean Wave Energy Technology 麻豆原创 Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Ocean Wave Energy Technology 麻豆原创 Size (2020-2031)
10.2 Middle East & Africa Ocean Wave Energy Technology 麻豆原创 Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Ocean Wave Energy Technology 麻豆原创 Size by Country (2020-2025)
10.4 Middle East & Africa Ocean Wave Energy Technology 麻豆原创 Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Ocean Power Technologies
11.1.1 Ocean Power Technologies Company Details
11.1.2 Ocean Power Technologies Business Overview
11.1.3 Ocean Power Technologies Ocean Wave Energy Technology Introduction
11.1.4 Ocean Power Technologies Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.1.5 Ocean Power Technologies Recent Development
11.2 CorPower Ocean
11.2.1 CorPower Ocean Company Details
11.2.2 CorPower Ocean Business Overview
11.2.3 CorPower Ocean Ocean Wave Energy Technology Introduction
11.2.4 CorPower Ocean Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.2.5 CorPower Ocean Recent Development
11.3 Waves4Power
11.3.1 Waves4Power Company Details
11.3.2 Waves4Power Business Overview
11.3.3 Waves4Power Ocean Wave Energy Technology Introduction
11.3.4 Waves4Power Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.3.5 Waves4Power Recent Development
11.4 Marine Power Systems
11.4.1 Marine Power Systems Company Details
11.4.2 Marine Power Systems Business Overview
11.4.3 Marine Power Systems Ocean Wave Energy Technology Introduction
11.4.4 Marine Power Systems Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.4.5 Marine Power Systems Recent Development
11.5 Carnegie Clean Energy
11.5.1 Carnegie Clean Energy Company Details
11.5.2 Carnegie Clean Energy Business Overview
11.5.3 Carnegie Clean Energy Ocean Wave Energy Technology Introduction
11.5.4 Carnegie Clean Energy Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.5.5 Carnegie Clean Energy Recent Development
11.6 AW-Energy
11.6.1 AW-Energy Company Details
11.6.2 AW-Energy Business Overview
11.6.3 AW-Energy Ocean Wave Energy Technology Introduction
11.6.4 AW-Energy Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.6.5 AW-Energy Recent Development
11.7 Seabased
11.7.1 Seabased Company Details
11.7.2 Seabased Business Overview
11.7.3 Seabased Ocean Wave Energy Technology Introduction
11.7.4 Seabased Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.7.5 Seabased Recent Development
11.8 Eco Wave Power
11.8.1 Eco Wave Power Company Details
11.8.2 Eco Wave Power Business Overview
11.8.3 Eco Wave Power Ocean Wave Energy Technology Introduction
11.8.4 Eco Wave Power Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.8.5 Eco Wave Power Recent Development
11.9 HydroQuest
11.9.1 HydroQuest Company Details
11.9.2 HydroQuest Business Overview
11.9.3 HydroQuest Ocean Wave Energy Technology Introduction
11.9.4 HydroQuest Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.9.5 HydroQuest Recent Development
11.10 Pelamis Wave Power
11.10.1 Pelamis Wave Power Company Details
11.10.2 Pelamis Wave Power Business Overview
11.10.3 Pelamis Wave Power Ocean Wave Energy Technology Introduction
11.10.4 Pelamis Wave Power Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.10.5 Pelamis Wave Power Recent Development
11.11 Orbital Marine Power
11.11.1 Orbital Marine Power Company Details
11.11.2 Orbital Marine Power Business Overview
11.11.3 Orbital Marine Power Ocean Wave Energy Technology Introduction
11.11.4 Orbital Marine Power Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.11.5 Orbital Marine Power Recent Development
11.12 Sustainable Marine Energy
11.12.1 Sustainable Marine Energy Company Details
11.12.2 Sustainable Marine Energy Business Overview
11.12.3 Sustainable Marine Energy Ocean Wave Energy Technology Introduction
11.12.4 Sustainable Marine Energy Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.12.5 Sustainable Marine Energy Recent Development
11.13 Lighthouse Wave Power
11.13.1 Lighthouse Wave Power Company Details
11.13.2 Lighthouse Wave Power Business Overview
11.13.3 Lighthouse Wave Power Ocean Wave Energy Technology Introduction
11.13.4 Lighthouse Wave Power Revenue in Ocean Wave Energy Technology Business (2020-2025)
11.13.5 Lighthouse Wave Power Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 麻豆原创 Size Estimation
13.1.1.3 麻豆原创 Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Ocean Power Technologies
CorPower Ocean
Waves4Power
Marine Power Systems
Carnegie Clean Energy
AW-Energy
Seabased
Eco Wave Power
HydroQuest
Pelamis Wave Power
Orbital Marine Power
Sustainable Marine Energy
Lighthouse Wave Power
听
听
*If Applicable.