Report overview
Wave energy converters (WECs) are devices that convert the kinetic and potential energy associated with a moving wave into useful mechanical or electrical energy.
This report aims to provide a comprehensive presentation of the global market for Wave Energy Converters, 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 Converters. This report contains market size and forecasts of Wave Energy Converters in global, including the following market information:
Global Wave Energy Converters Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Wave Energy Converters Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Wave Energy Converters companies in 2022 (%)
The global Wave Energy Converters 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.
Point Absorbers Devices Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Wave Energy Converters 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 global top five players have a share approximately % in terms of revenue.
We surveyed the Wave Energy Converters 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 Wave Energy Converters Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Wave Energy Converters Market Segment Percentages, by Type, 2022 (%)
Point Absorbers Devices
Terminators Devices
Attenuators Devices
Oscillating Wave Surge Devices
Submerged Pressure Differential Devices
Rotating Mass Devices
Global Wave Energy Converters Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Wave Energy Converters Market Segment Percentages, by Application, 2022 (%)
Desalination
Power Generation
Environmental Protection
Other
Global Wave Energy Converters Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Wave Energy Converters 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 Wave Energy Converters revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Wave Energy Converters revenues share in global market, 2022 (%)
Key companies Wave Energy Converters sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Wave Energy Converters 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 Consulting
Nemos
Oceanenergy
Wave Swell
Aws Ocean Energy
Corpower Ocean
Limerick Wave
Arrecife Energy Systems
Accumulated Ocean Energy
Havkraft AS
OWECO
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wave Energy Converters, market overview.
Chapter 2: Global Wave Energy Converters market size in revenue and volume.
Chapter 3: Detailed analysis of Wave Energy Converters 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 Wave Energy Converters 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 Wave Energy Converters 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.
