Wave energy (or wave energy) is the transmission and capture of energy by ocean surface waves. The captured energy is then used for all sorts of useful tasks, including generating electricity, desalination of seawater and pumping water.
Highlights
The global Wave Energy market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Wave Energy is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Wave Energy is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Wave Energy in Desalination is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Wave Energy include Ocean Power Technologies, Eco Wave Power, Carnegie Clean Energy, Sinn Power, Amog Consulting, Nemos, Oceanenergy, Wave Swell and Aws Ocean Energy, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Wave Energy, 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 Wave Energy.
The Wave Energy market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Wave Energy 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 Wave Energy 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.
By Company
Ocean Power Technologies
Eco Wave Power
Carnegie Clean Energy
Sinn Power
Amog Consulting
Nemos
Oceanenergy
Wave Swell
Aws Ocean Energy
Corpower Ocean
Limerick Wave
Arrecife Energy Systems
Accumulated Ocean Energy
Segment by Type
Oscillating Water Column
Oscillating Body Converters
Overtopping Converters
Segment by Application
Desalination
Power Generation
Environmental Protection
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, 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 Wave Energy companies’ 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 key companies in the market in detail, including product revenue, 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 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Wave Energy Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Oscillating Water Column
1.2.3 Oscillating Body Converters
1.2.4 Overtopping Converters
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Wave Energy Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Desalination
1.3.3 Power Generation
1.3.4 Environmental Protection
1.3.5 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Wave Energy Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Wave Energy Growth Trends by Region
2.2.1 Global Wave Energy Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Wave Energy Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Wave Energy Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Wave Energy Âé¶¹Ô´´ Dynamics
2.3.1 Wave Energy Industry Trends
2.3.2 Wave Energy Âé¶¹Ô´´ Drivers
2.3.3 Wave Energy Âé¶¹Ô´´ Challenges
2.3.4 Wave Energy Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Wave Energy Players by Revenue
3.1.1 Global Top Wave Energy Players by Revenue (2018-2023)
3.1.2 Global Wave Energy Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Wave Energy Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Wave Energy Revenue
3.4 Global Wave Energy Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Wave Energy Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Wave Energy Revenue in 2022
3.5 Wave Energy Key Players Head office and Area Served
3.6 Key Players Wave Energy Product Solution and Service
3.7 Date of Enter into Wave Energy Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Wave Energy Breakdown Data by Type
4.1 Global Wave Energy Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Wave Energy Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Wave Energy Breakdown Data by Application
5.1 Global Wave Energy Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Wave Energy Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Wave Energy Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Wave Energy Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Wave Energy Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Wave Energy Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Wave Energy Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Wave Energy Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Wave Energy Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Wave Energy Âé¶¹Ô´´ Size by Country (2024-2029)
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 Wave Energy Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Wave Energy Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Wave Energy Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Wave Energy Âé¶¹Ô´´ Size by Region (2024-2029)
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 Wave Energy Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Wave Energy Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Wave Energy Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Wave Energy Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Wave Energy Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Wave Energy Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Wave Energy Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Wave Energy Âé¶¹Ô´´ Size by Country (2024-2029)
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 Detail
11.1.2 Ocean Power Technologies Business Overview
11.1.3 Ocean Power Technologies Wave Energy Introduction
11.1.4 Ocean Power Technologies Revenue in Wave Energy Business (2018-2023)
11.1.5 Ocean Power Technologies Recent Development
11.2 Eco Wave Power
11.2.1 Eco Wave Power Company Detail
11.2.2 Eco Wave Power Business Overview
11.2.3 Eco Wave Power Wave Energy Introduction
11.2.4 Eco Wave Power Revenue in Wave Energy Business (2018-2023)
11.2.5 Eco Wave Power Recent Development
11.3 Carnegie Clean Energy
11.3.1 Carnegie Clean Energy Company Detail
11.3.2 Carnegie Clean Energy Business Overview
11.3.3 Carnegie Clean Energy Wave Energy Introduction
11.3.4 Carnegie Clean Energy Revenue in Wave Energy Business (2018-2023)
11.3.5 Carnegie Clean Energy Recent Development
11.4 Sinn Power
11.4.1 Sinn Power Company Detail
11.4.2 Sinn Power Business Overview
11.4.3 Sinn Power Wave Energy Introduction
11.4.4 Sinn Power Revenue in Wave Energy Business (2018-2023)
11.4.5 Sinn Power Recent Development
11.5 Amog Consulting
11.5.1 Amog Consulting Company Detail
11.5.2 Amog Consulting Business Overview
11.5.3 Amog Consulting Wave Energy Introduction
11.5.4 Amog Consulting Revenue in Wave Energy Business (2018-2023)
11.5.5 Amog Consulting Recent Development
11.6 Nemos
11.6.1 Nemos Company Detail
11.6.2 Nemos Business Overview
11.6.3 Nemos Wave Energy Introduction
11.6.4 Nemos Revenue in Wave Energy Business (2018-2023)
11.6.5 Nemos Recent Development
11.7 Oceanenergy
11.7.1 Oceanenergy Company Detail
11.7.2 Oceanenergy Business Overview
11.7.3 Oceanenergy Wave Energy Introduction
11.7.4 Oceanenergy Revenue in Wave Energy Business (2018-2023)
11.7.5 Oceanenergy Recent Development
11.8 Wave Swell
11.8.1 Wave Swell Company Detail
11.8.2 Wave Swell Business Overview
11.8.3 Wave Swell Wave Energy Introduction
11.8.4 Wave Swell Revenue in Wave Energy Business (2018-2023)
11.8.5 Wave Swell Recent Development
11.9 Aws Ocean Energy
11.9.1 Aws Ocean Energy Company Detail
11.9.2 Aws Ocean Energy Business Overview
11.9.3 Aws Ocean Energy Wave Energy Introduction
11.9.4 Aws Ocean Energy Revenue in Wave Energy Business (2018-2023)
11.9.5 Aws Ocean Energy Recent Development
11.10 Corpower Ocean
11.10.1 Corpower Ocean Company Detail
11.10.2 Corpower Ocean Business Overview
11.10.3 Corpower Ocean Wave Energy Introduction
11.10.4 Corpower Ocean Revenue in Wave Energy Business (2018-2023)
11.10.5 Corpower Ocean Recent Development
11.11 Limerick Wave
11.11.1 Limerick Wave Company Detail
11.11.2 Limerick Wave Business Overview
11.11.3 Limerick Wave Wave Energy Introduction
11.11.4 Limerick Wave Revenue in Wave Energy Business (2018-2023)
11.11.5 Limerick Wave Recent Development
11.12 Arrecife Energy Systems
11.12.1 Arrecife Energy Systems Company Detail
11.12.2 Arrecife Energy Systems Business Overview
11.12.3 Arrecife Energy Systems Wave Energy Introduction
11.12.4 Arrecife Energy Systems Revenue in Wave Energy Business (2018-2023)
11.12.5 Arrecife Energy Systems Recent Development
11.13 Accumulated Ocean Energy
11.13.1 Accumulated Ocean Energy Company Detail
11.13.2 Accumulated Ocean Energy Business Overview
11.13.3 Accumulated Ocean Energy Wave Energy Introduction
11.13.4 Accumulated Ocean Energy Revenue in Wave Energy Business (2018-2023)
11.13.5 Accumulated Ocean Energy Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Ocean Power Technologies
Eco Wave Power
Carnegie Clean Energy
Sinn Power
Amog Consulting
Nemos
Oceanenergy
Wave Swell
Aws Ocean Energy
Corpower Ocean
Limerick Wave
Arrecife Energy Systems
Accumulated Ocean Energy
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*If Applicable.