Report overview
Tidal energy is a form of hydropower generation, which converts the energy from tides into electricity. A typical tidal power plant is run by an underwater turbine that rotates and converts mechanical power to electrical power. The electrical power thus produced is sent to the shore with the help of a generator. The commercial deployment of tidal power projects is in its nascent stage, although it has the potential for future power generation.
This report aims to provide a comprehensive presentation of the global market for Tidal 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 Tidal Energy. This report contains market size and forecasts of Tidal Energy in global, including the following market information:
Global Tidal Energy Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tidal Energy Market Sales, 2018-2023, 2024-2029, (Kwh)
Global top five Tidal Energy companies in 2022 (%)
The global Tidal Energy market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
World over, the massive interest in harvesting wave and tidal energy stems from the need for leveraging the limitless potential of ocean in meeting the rising demand for sustainable energy. The notable demand for next-generation technologies for harnessing renewable sources of energy at scale is a notable factor boosting the market. Advances in wave energy converter technologies has enabled market players to better realize the potential of tidal energy sources.
We surveyed the Tidal Energy manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tidal Energy Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kwh)
Global Tidal Energy Market Segment Percentages, by Type, 2022 (%)
Tidal Stream Generator
Pendulum Device
Barrage
Others
Global Tidal Energy Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kwh)
Global Tidal Energy Market Segment Percentages, by Application, 2022 (%)
Commercial
Industrial
Residential
Global Tidal Energy Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kwh)
Global Tidal Energy Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tidal Energy revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tidal Energy revenues share in global market, 2022 (%)
Key companies Tidal Energy sales in global market, 2018-2023 (Estimated), (Kwh)
Key companies Tidal Energy sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BioPower Systems
Blue Energy Canada
OpenHydro Group
Pluse Tidal
Verdant Power
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tidal Energy, market overview.
Chapter 2: Global Tidal Energy market size in revenue and volume.
Chapter 3: Detailed analysis of Tidal Energy manufacturers competitive landscape, price, sales and 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: Sales of Tidal Energy in regional level and country level. 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 of each country in the world.
Chapter 7: 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 8: Global Tidal Energy capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
