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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Tidal Energy Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Tidal Energy Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Tidal Energy Overall Market Size
2.1 Global Tidal Energy Market Size: 2022 VS 2029
2.2 Global Tidal Energy Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Tidal Energy Sales: 2018-2029
3 Company Landscape
3.1 Top Tidal Energy Players in Global Market
3.2 Top Global Tidal Energy Companies Ranked by Revenue
3.3 Global Tidal Energy Revenue by Companies
3.4 Global Tidal Energy Sales by Companies
3.5 Global Tidal Energy Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Tidal Energy Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Tidal Energy Product Type
3.8 Tier 1, Tier 2 and Tier 3 Tidal Energy Players in Global Market
3.8.1 List of Global Tier 1 Tidal Energy Companies
3.8.2 List of Global Tier 2 and Tier 3 Tidal Energy Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Tidal Energy Market Size Markets, 2022 & 2029
4.1.2 Tidal Stream Generator
4.1.3 Pendulum Device
4.1.4 Barrage
4.1.5 Others
4.2 By Type - Global Tidal Energy Revenue & Forecasts
4.2.1 By Type - Global Tidal Energy Revenue, 2018-2023
4.2.2 By Type - Global Tidal Energy Revenue, 2024-2029
4.2.3 By Type - Global Tidal Energy Revenue Market Share, 2018-2029
4.3 By Type - Global Tidal Energy Sales & Forecasts
4.3.1 By Type - Global Tidal Energy Sales, 2018-2023
4.3.2 By Type - Global Tidal Energy Sales, 2024-2029
4.3.3 By Type - Global Tidal Energy Sales Market Share, 2018-2029
4.4 By Type - Global Tidal Energy Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Tidal Energy Market Size, 2022 & 2029
5.1.2 Commercial
5.1.3 Industrial
5.1.4 Residential
5.2 By Application - Global Tidal Energy Revenue & Forecasts
5.2.1 By Application - Global Tidal Energy Revenue, 2018-2023
5.2.2 By Application - Global Tidal Energy Revenue, 2024-2029
5.2.3 By Application - Global Tidal Energy Revenue Market Share, 2018-2029
5.3 By Application - Global Tidal Energy Sales & Forecasts
5.3.1 By Application - Global Tidal Energy Sales, 2018-2023
5.3.2 By Application - Global Tidal Energy Sales, 2024-2029
5.3.3 By Application - Global Tidal Energy Sales Market Share, 2018-2029
5.4 By Application - Global Tidal Energy Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Tidal Energy Market Size, 2022 & 2029
6.2 By Region - Global Tidal Energy Revenue & Forecasts
6.2.1 By Region - Global Tidal Energy Revenue, 2018-2023
6.2.2 By Region - Global Tidal Energy Revenue, 2024-2029
6.2.3 By Region - Global Tidal Energy Revenue Market Share, 2018-2029
6.3 By Region - Global Tidal Energy Sales & Forecasts
6.3.1 By Region - Global Tidal Energy Sales, 2018-2023
6.3.2 By Region - Global Tidal Energy Sales, 2024-2029
6.3.3 By Region - Global Tidal Energy Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Tidal Energy Revenue, 2018-2029
6.4.2 By Country - North America Tidal Energy Sales, 2018-2029
6.4.3 US Tidal Energy Market Size, 2018-2029
6.4.4 Canada Tidal Energy Market Size, 2018-2029
6.4.5 Mexico Tidal Energy Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Tidal Energy Revenue, 2018-2029
6.5.2 By Country - Europe Tidal Energy Sales, 2018-2029
6.5.3 Germany Tidal Energy Market Size, 2018-2029
6.5.4 France Tidal Energy Market Size, 2018-2029
6.5.5 U.K. Tidal Energy Market Size, 2018-2029
6.5.6 Italy Tidal Energy Market Size, 2018-2029
6.5.7 Russia Tidal Energy Market Size, 2018-2029
6.5.8 Nordic Countries Tidal Energy Market Size, 2018-2029
6.5.9 Benelux Tidal Energy Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Tidal Energy Revenue, 2018-2029
6.6.2 By Region - Asia Tidal Energy Sales, 2018-2029
6.6.3 China Tidal Energy Market Size, 2018-2029
6.6.4 Japan Tidal Energy Market Size, 2018-2029
6.6.5 South Korea Tidal Energy Market Size, 2018-2029
6.6.6 Southeast Asia Tidal Energy Market Size, 2018-2029
6.6.7 India Tidal Energy Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Tidal Energy Revenue, 2018-2029
6.7.2 By Country - South America Tidal Energy Sales, 2018-2029
6.7.3 Brazil Tidal Energy Market Size, 2018-2029
6.7.4 Argentina Tidal Energy Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Tidal Energy Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Tidal Energy Sales, 2018-2029
6.8.3 Turkey Tidal Energy Market Size, 2018-2029
6.8.4 Israel Tidal Energy Market Size, 2018-2029
6.8.5 Saudi Arabia Tidal Energy Market Size, 2018-2029
6.8.6 UAE Tidal Energy Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 BioPower Systems
7.1.1 BioPower Systems Company Summary
7.1.2 BioPower Systems Business Overview
7.1.3 BioPower Systems Tidal Energy Major Product Offerings
7.1.4 BioPower Systems Tidal Energy Sales and Revenue in Global (2018-2023)
7.1.5 BioPower Systems Key News & Latest Developments
7.2 Blue Energy Canada
7.2.1 Blue Energy Canada Company Summary
7.2.2 Blue Energy Canada Business Overview
7.2.3 Blue Energy Canada Tidal Energy Major Product Offerings
7.2.4 Blue Energy Canada Tidal Energy Sales and Revenue in Global (2018-2023)
7.2.5 Blue Energy Canada Key News & Latest Developments
7.3 OpenHydro Group
7.3.1 OpenHydro Group Company Summary
7.3.2 OpenHydro Group Business Overview
7.3.3 OpenHydro Group Tidal Energy Major Product Offerings
7.3.4 OpenHydro Group Tidal Energy Sales and Revenue in Global (2018-2023)
7.3.5 OpenHydro Group Key News & Latest Developments
7.4 Pluse Tidal
7.4.1 Pluse Tidal Company Summary
7.4.2 Pluse Tidal Business Overview
7.4.3 Pluse Tidal Tidal Energy Major Product Offerings
7.4.4 Pluse Tidal Tidal Energy Sales and Revenue in Global (2018-2023)
7.4.5 Pluse Tidal Key News & Latest Developments
7.5 Verdant Power
7.5.1 Verdant Power Company Summary
7.5.2 Verdant Power Business Overview
7.5.3 Verdant Power Tidal Energy Major Product Offerings
7.5.4 Verdant Power Tidal Energy Sales and Revenue in Global (2018-2023)
7.5.5 Verdant Power Key News & Latest Developments
8 Global Tidal Energy Production Capacity, Analysis
8.1 Global Tidal Energy Production Capacity, 2018-2029
8.2 Tidal Energy Production Capacity of Key Manufacturers in Global Market
8.3 Global Tidal Energy Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Tidal Energy Supply Chain Analysis
10.1 Tidal Energy Industry Value Chain
10.2 Tidal Energy Upstream Market
10.3 Tidal Energy Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Tidal Energy Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Key Players of Tidal Energy in Global Market
Table 2. Top Tidal Energy Players in Global Market, Ranking by Revenue (2022)
Table 3. Global Tidal Energy Revenue by Companies, (US$, Mn), 2018-2023
Table 4. Global Tidal Energy Revenue Share by Companies, 2018-2023
Table 5. Global Tidal Energy Sales by Companies, (Kwh), 2018-2023
Table 6. Global Tidal Energy Sales Share by Companies, 2018-2023
Table 7. Key Manufacturers Tidal Energy Price (2018-2023) & (USD/Kwh)
Table 8. Global Manufacturers Tidal Energy Product Type
Table 9. List of Global Tier 1 Tidal Energy Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Tidal Energy Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Tidal Energy Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Global Tidal Energy Revenue (US$, Mn), 2018-2023
Table 13. By Type - Global Tidal Energy Revenue (US$, Mn), 2024-2029
Table 14. By Type - Global Tidal Energy Sales (Kwh), 2018-2023
Table 15. By Type - Global Tidal Energy Sales (Kwh), 2024-2029
Table 16. By Application ? Global Tidal Energy Revenue, (US$, Mn), 2022 & 2029
Table 17. By Application - Global Tidal Energy Revenue (US$, Mn), 2018-2023
Table 18. By Application - Global Tidal Energy Revenue (US$, Mn), 2024-2029
Table 19. By Application - Global Tidal Energy Sales (Kwh), 2018-2023
Table 20. By Application - Global Tidal Energy Sales (Kwh), 2024-2029
Table 21. By Region ? Global Tidal Energy Revenue, (US$, Mn), 2022 VS 2029
Table 22. By Region - Global Tidal Energy Revenue (US$, Mn), 2018-2023
Table 23. By Region - Global Tidal Energy Revenue (US$, Mn), 2024-2029
Table 24. By Region - Global Tidal Energy Sales (Kwh), 2018-2023
Table 25. By Region - Global Tidal Energy Sales (Kwh), 2024-2029
Table 26. By Country - North America Tidal Energy Revenue, (US$, Mn), 2018-2023
Table 27. By Country - North America Tidal Energy Revenue, (US$, Mn), 2024-2029
Table 28. By Country - North America Tidal Energy Sales, (Kwh), 2018-2023
Table 29. By Country - North America Tidal Energy Sales, (Kwh), 2024-2029
Table 30. By Country - Europe Tidal Energy Revenue, (US$, Mn), 2018-2023
Table 31. By Country - Europe Tidal Energy Revenue, (US$, Mn), 2024-2029
Table 32. By Country - Europe Tidal Energy Sales, (Kwh), 2018-2023
Table 33. By Country - Europe Tidal Energy Sales, (Kwh), 2024-2029
Table 34. By Region - Asia Tidal Energy Revenue, (US$, Mn), 2018-2023
Table 35. By Region - Asia Tidal Energy Revenue, (US$, Mn), 2024-2029
Table 36. By Region - Asia Tidal Energy Sales, (Kwh), 2018-2023
Table 37. By Region - Asia Tidal Energy Sales, (Kwh), 2024-2029
Table 38. By Country - South America Tidal Energy Revenue, (US$, Mn), 2018-2023
Table 39. By Country - South America Tidal Energy Revenue, (US$, Mn), 2024-2029
Table 40. By Country - South America Tidal Energy Sales, (Kwh), 2018-2023
Table 41. By Country - South America Tidal Energy Sales, (Kwh), 2024-2029
Table 42. By Country - Middle East & Africa Tidal Energy Revenue, (US$, Mn), 2018-2023
Table 43. By Country - Middle East & Africa Tidal Energy Revenue, (US$, Mn), 2024-2029
Table 44. By Country - Middle East & Africa Tidal Energy Sales, (Kwh), 2018-2023
Table 45. By Country - Middle East & Africa Tidal Energy Sales, (Kwh), 2024-2029
Table 46. BioPower Systems Company Summary
Table 47. BioPower Systems Tidal Energy Product Offerings
Table 48. BioPower Systems Tidal Energy Sales (Kwh), Revenue (US$, Mn) and Average Price (USD/Kwh) (2018-2023)
Table 49. BioPower Systems Key News & Latest Developments
Table 50. Blue Energy Canada Company Summary
Table 51. Blue Energy Canada Tidal Energy Product Offerings
Table 52. Blue Energy Canada Tidal Energy Sales (Kwh), Revenue (US$, Mn) and Average Price (USD/Kwh) (2018-2023)
Table 53. Blue Energy Canada Key News & Latest Developments
Table 54. OpenHydro Group Company Summary
Table 55. OpenHydro Group Tidal Energy Product Offerings
Table 56. OpenHydro Group Tidal Energy Sales (Kwh), Revenue (US$, Mn) and Average Price (USD/Kwh) (2018-2023)
Table 57. OpenHydro Group Key News & Latest Developments
Table 58. Pluse Tidal Company Summary
Table 59. Pluse Tidal Tidal Energy Product Offerings
Table 60. Pluse Tidal Tidal Energy Sales (Kwh), Revenue (US$, Mn) and Average Price (USD/Kwh) (2018-2023)
Table 61. Pluse Tidal Key News & Latest Developments
Table 62. Verdant Power Company Summary
Table 63. Verdant Power Tidal Energy Product Offerings
Table 64. Verdant Power Tidal Energy Sales (Kwh), Revenue (US$, Mn) and Average Price (USD/Kwh) (2018-2023)
Table 65. Verdant Power Key News & Latest Developments
Table 66. Tidal Energy Production Capacity (Kwh) of Key Manufacturers in Global Market, 2021-2023 (Kwh)
Table 67. Global Tidal Energy Capacity Market Share of Key Manufacturers, 2021-2023
Table 68. Global Tidal Energy Production by Region, 2018-2023 (Kwh)
Table 69. Global Tidal Energy Production by Region, 2024-2029 (Kwh)
Table 70. Tidal Energy Market Opportunities & Trends in Global Market
Table 71. Tidal Energy Market Drivers in Global Market
Table 72. Tidal Energy Market Restraints in Global Market
Table 73. Tidal Energy Raw Materials
Table 74. Tidal Energy Raw Materials Suppliers in Global Market
Table 75. Typical Tidal Energy Downstream
Table 76. Tidal Energy Downstream Clients in Global Market
Table 77. Tidal Energy Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Tidal Energy Segment by Type in 2022
Figure 2. Tidal Energy Segment by Application in 2022
Figure 3. Global Tidal Energy Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Tidal Energy Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Tidal Energy Revenue, 2018-2029 (US$, Mn)
Figure 7. Tidal Energy Sales in Global Market: 2018-2029 (Kwh)
Figure 8. The Top 3 and 5 Players Market Share by Tidal Energy Revenue in 2022
Figure 9. By Type - Global Tidal Energy Revenue, (US$, Mn), 2022 & 2029
Figure 10. By Type - Global Tidal Energy Revenue Market Share, 2018-2029
Figure 11. By Type - Global Tidal Energy Sales Market Share, 2018-2029
Figure 12. By Type - Global Tidal Energy Price (USD/Kwh), 2018-2029
Figure 13. By Application - Global Tidal Energy Revenue, (US$, Mn), 2022 & 2029
Figure 14. By Application - Global Tidal Energy Revenue Market Share, 2018-2029
Figure 15. By Application - Global Tidal Energy Sales Market Share, 2018-2029
Figure 16. By Application - Global Tidal Energy Price (USD/Kwh), 2018-2029
Figure 17. By Region - Global Tidal Energy Revenue, (US$, Mn), 2022 & 2029
Figure 18. By Region - Global Tidal Energy Revenue Market Share, 2018 VS 2022 VS 2029
Figure 19. By Region - Global Tidal Energy Revenue Market Share, 2018-2029
Figure 20. By Region - Global Tidal Energy Sales Market Share, 2018-2029
Figure 21. By Country - North America Tidal Energy Revenue Market Share, 2018-2029
Figure 22. By Country - North America Tidal Energy Sales Market Share, 2018-2029
Figure 23. US Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 24. Canada Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 25. Mexico Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 26. By Country - Europe Tidal Energy Revenue Market Share, 2018-2029
Figure 27. By Country - Europe Tidal Energy Sales Market Share, 2018-2029
Figure 28. Germany Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 29. France Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 30. U.K. Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 31. Italy Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 32. Russia Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 33. Nordic Countries Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 34. Benelux Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 35. By Region - Asia Tidal Energy Revenue Market Share, 2018-2029
Figure 36. By Region - Asia Tidal Energy Sales Market Share, 2018-2029
Figure 37. China Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 38. Japan Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 39. South Korea Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 40. Southeast Asia Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 41. India Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 42. By Country - South America Tidal Energy Revenue Market Share, 2018-2029
Figure 43. By Country - South America Tidal Energy Sales Market Share, 2018-2029
Figure 44. Brazil Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 45. Argentina Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 46. By Country - Middle East & Africa Tidal Energy Revenue Market Share, 2018-2029
Figure 47. By Country - Middle East & Africa Tidal Energy Sales Market Share, 2018-2029
Figure 48. Turkey Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 49. Israel Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 50. Saudi Arabia Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 51. UAE Tidal Energy Revenue, (US$, Mn), 2018-2029
Figure 52. Global Tidal Energy Production Capacity (Kwh), 2018-2029
Figure 53. The Percentage of Production Tidal Energy by Region, 2022 VS 2029
Figure 54. Tidal Energy Industry Value Chain
Figure 55. Marketing Channels
