Report overview
Wave energy converters (WECs) are?devices that convert the kinetic and potential energy associated with a moving ocean wave into useful mechanical or electrical energy.
This report aims to provide a comprehensive presentation of the global market for Ocean Wave Energy Converter, 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 Converter. This report contains market size and forecasts of Ocean Wave Energy Converter in global, including the following market information:
Global Ocean Wave Energy Converter Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Ocean Wave Energy Converter Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Ocean Wave Energy Converter companies in 2022 (%)
The global Ocean Wave Energy Converter 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.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Oscillating Body Converter Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Ocean Wave Energy Converter include Ocean Power Technologies, Eco Wave Power, Carnegie Clean Energy, SINN Power, AMOG Holdings, NEMOS, OceanEnergy, Wave Swell and INGINE, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Ocean Wave Energy Converter 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 Ocean Wave Energy Converter Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Ocean Wave Energy Converter Market Segment Percentages, by Type, 2022 (%)
Oscillating Body Converter
Oscillating Water Column
Overtopping Device
Rotating Mass Converter
Global Ocean Wave Energy Converter Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Ocean Wave Energy Converter Market Segment Percentages, by Application, 2022 (%)
Power Generation
Desalination
Environmental Potection
Global Ocean Wave Energy Converter Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Ocean Wave Energy Converter 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 Ocean Wave Energy Converter revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Ocean Wave Energy Converter revenues share in global market, 2022 (%)
Key companies Ocean Wave Energy Converter sales in global market, 2018-2023 (Estimated), (Units)
Key companies Ocean Wave Energy Converter sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ocean Power Technologies
Eco Wave Power
Carnegie Clean Energy
SINN Power
AMOG Holdings
NEMOS
OceanEnergy
Wave Swell
INGINE
AWS Ocean energy
CorPower Ocean
Limerick wave
Arrecife Energy Systems
AOE
Hann-Ocean Energy
Aquanet Power
Able Technologies
AW-Energy Oy
Applied Technologies
LEANCON Wave Energy
SENER group
Resolute Marine
Bombora Wave
Marine Power Systems
Exowave
Oneka Technologies
Mocean Energy
Weptos A/S
Oscilla Power
Wello Oy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Ocean Wave Energy Converter, market overview.
Chapter 2: Global Ocean Wave Energy Converter market size in revenue and volume.
Chapter 3: Detailed analysis of Ocean Wave Energy Converter 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 Ocean Wave Energy Converter 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 Ocean Wave Energy Converter 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.
