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.
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. This report contains market size and forecasts of Wave Energy in global, including the following market information:
Global Wave Energy Market Revenue, 2018-2023, 2024-2035, ($ millions)
Global top five companies in 2022 (%)
The global Wave Energy market was valued at US$ million in 2022 and is projected to reach US$ million by 2035, 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 to reach $ Million.
Oscillating Water Column Segment to Reach $ Million by 2035, with a % CAGR in next six years.
The global key manufacturers 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 global top five players have a share approximately % in terms of revenue.
We surveyed the Wave Energy companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Wave Energy Market, by Type, 2018-2023, 2024-2035 ($ millions)
Global Wave Energy Market Segment Percentages, by Type, 2022 (%)
Oscillating Water Column
Oscillating Body Converters
Overtopping Converters
Global Wave Energy Market, by Application, 2018-2023, 2024-2035 ($ millions)
Global Wave Energy Market Segment Percentages, by Application, 2022 (%)
Desalination
Power Generation
Environmental Protection
Other
Global Wave Energy Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)
Global Wave 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 Wave Energy revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Wave Energy revenues 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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Wave Energy, market overview.
Chapter 2: Global Wave Energy market size in revenue.
Chapter 3: Detailed analysis of Wave Energy company competitive landscape, revenue and 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 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: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Wave Energy Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Wave 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 Wave Energy Overall Market Size
2.1 Global Wave Energy Market Size: 2022 VS 2035
2.2 Global Wave Energy Market Size, Prospects & Forecasts: 2018-2035
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Wave Energy Players in Global Market
3.2 Top Global Wave Energy Companies Ranked by Revenue
3.3 Global Wave Energy Revenue by Companies
3.4 Top 3 and Top 5 Wave Energy Companies in Global Market, by Revenue in 2022
3.5 Global Companies Wave Energy Product Type
3.6 Tier 1, Tier 2 and Tier 3 Wave Energy Players in Global Market
3.6.1 List of Global Tier 1 Wave Energy Companies
3.6.2 List of Global Tier 2 and Tier 3 Wave Energy Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Wave Energy Market Size Markets, 2022 & 2035
4.1.2 Oscillating Water Column
4.1.3 Oscillating Body Converters
4.1.4 Overtopping Converters
4.2 By Type - Global Wave Energy Revenue & Forecasts
4.2.1 By Type - Global Wave Energy Revenue, 2018-2023
4.2.2 By Type - Global Wave Energy Revenue, 2024-2035
4.2.3 By Type - Global Wave Energy Revenue Market Share, 2018-2035
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Wave Energy Market Size, 2022 & 2035
5.1.2 Desalination
5.1.3 Power Generation
5.1.4 Environmental Protection
5.1.5 Other
5.2 By Application - Global Wave Energy Revenue & Forecasts
5.2.1 By Application - Global Wave Energy Revenue, 2018-2023
5.2.2 By Application - Global Wave Energy Revenue, 2024-2035
5.2.3 By Application - Global Wave Energy Revenue Market Share, 2018-2035
6 Sights by Region
6.1 By Region - Global Wave Energy Market Size, 2022 & 2035
6.2 By Region - Global Wave Energy Revenue & Forecasts
6.2.1 By Region - Global Wave Energy Revenue, 2018-2023
6.2.2 By Region - Global Wave Energy Revenue, 2024-2035
6.2.3 By Region - Global Wave Energy Revenue Market Share, 2018-2035
6.3 North America
6.3.1 By Country - North America Wave Energy Revenue, 2018-2035
6.3.2 US Wave Energy Market Size, 2018-2035
6.3.3 Canada Wave Energy Market Size, 2018-2035
6.3.4 Mexico Wave Energy Market Size, 2018-2035
6.4 Europe
6.4.1 By Country - Europe Wave Energy Revenue, 2018-2035
6.4.2 Germany Wave Energy Market Size, 2018-2035
6.4.3 France Wave Energy Market Size, 2018-2035
6.4.4 U.K. Wave Energy Market Size, 2018-2035
6.4.5 Italy Wave Energy Market Size, 2018-2035
6.4.6 Russia Wave Energy Market Size, 2018-2035
6.4.7 Nordic Countries Wave Energy Market Size, 2018-2035
6.4.8 Benelux Wave Energy Market Size, 2018-2035
6.5 Asia
6.5.1 By Region - Asia Wave Energy Revenue, 2018-2035
6.5.2 China Wave Energy Market Size, 2018-2035
6.5.3 Japan Wave Energy Market Size, 2018-2035
6.5.4 South Korea Wave Energy Market Size, 2018-2035
6.5.5 Southeast Asia Wave Energy Market Size, 2018-2035
6.5.6 India Wave Energy Market Size, 2018-2035
6.6 South America
6.6.1 By Country - South America Wave Energy Revenue, 2018-2035
6.6.2 Brazil Wave Energy Market Size, 2018-2035
6.6.3 Argentina Wave Energy Market Size, 2018-2035
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Wave Energy Revenue, 2018-2035
6.7.2 Turkey Wave Energy Market Size, 2018-2035
6.7.3 Israel Wave Energy Market Size, 2018-2035
6.7.4 Saudi Arabia Wave Energy Market Size, 2018-2035
6.7.5 UAE Wave Energy Market Size, 2018-2035
7 Wave Energy Companies Profiles
7.1 Ocean Power Technologies
7.1.1 Ocean Power Technologies Company Summary
7.1.2 Ocean Power Technologies Business Overview
7.1.3 Ocean Power Technologies Wave Energy Major Product Offerings
7.1.4 Ocean Power Technologies Wave Energy Revenue in Global Market (2018-2023)
7.1.5 Ocean Power Technologies Key News & Latest Developments
7.2 Eco Wave Power
7.2.1 Eco Wave Power Company Summary
7.2.2 Eco Wave Power Business Overview
7.2.3 Eco Wave Power Wave Energy Major Product Offerings
7.2.4 Eco Wave Power Wave Energy Revenue in Global Market (2018-2023)
7.2.5 Eco Wave Power Key News & Latest Developments
7.3 Carnegie Clean Energy
7.3.1 Carnegie Clean Energy Company Summary
7.3.2 Carnegie Clean Energy Business Overview
7.3.3 Carnegie Clean Energy Wave Energy Major Product Offerings
7.3.4 Carnegie Clean Energy Wave Energy Revenue in Global Market (2018-2023)
7.3.5 Carnegie Clean Energy Key News & Latest Developments
7.4 Sinn Power
7.4.1 Sinn Power Company Summary
7.4.2 Sinn Power Business Overview
7.4.3 Sinn Power Wave Energy Major Product Offerings
7.4.4 Sinn Power Wave Energy Revenue in Global Market (2018-2023)
7.4.5 Sinn Power Key News & Latest Developments
7.5 Amog Consulting
7.5.1 Amog Consulting Company Summary
7.5.2 Amog Consulting Business Overview
7.5.3 Amog Consulting Wave Energy Major Product Offerings
7.5.4 Amog Consulting Wave Energy Revenue in Global Market (2018-2023)
7.5.5 Amog Consulting Key News & Latest Developments
7.6 Nemos
7.6.1 Nemos Company Summary
7.6.2 Nemos Business Overview
7.6.3 Nemos Wave Energy Major Product Offerings
7.6.4 Nemos Wave Energy Revenue in Global Market (2018-2023)
7.6.5 Nemos Key News & Latest Developments
7.7 Oceanenergy
7.7.1 Oceanenergy Company Summary
7.7.2 Oceanenergy Business Overview
7.7.3 Oceanenergy Wave Energy Major Product Offerings
7.7.4 Oceanenergy Wave Energy Revenue in Global Market (2018-2023)
7.7.5 Oceanenergy Key News & Latest Developments
7.8 Wave Swell
7.8.1 Wave Swell Company Summary
7.8.2 Wave Swell Business Overview
7.8.3 Wave Swell Wave Energy Major Product Offerings
7.8.4 Wave Swell Wave Energy Revenue in Global Market (2018-2023)
7.8.5 Wave Swell Key News & Latest Developments
7.9 Aws Ocean Energy
7.9.1 Aws Ocean Energy Company Summary
7.9.2 Aws Ocean Energy Business Overview
7.9.3 Aws Ocean Energy Wave Energy Major Product Offerings
7.9.4 Aws Ocean Energy Wave Energy Revenue in Global Market (2018-2023)
7.9.5 Aws Ocean Energy Key News & Latest Developments
7.10 Corpower Ocean
7.10.1 Corpower Ocean Company Summary
7.10.2 Corpower Ocean Business Overview
7.10.3 Corpower Ocean Wave Energy Major Product Offerings
7.10.4 Corpower Ocean Wave Energy Revenue in Global Market (2018-2023)
7.10.5 Corpower Ocean Key News & Latest Developments
7.11 Limerick Wave
7.11.1 Limerick Wave Company Summary
7.11.2 Limerick Wave Business Overview
7.11.3 Limerick Wave Wave Energy Major Product Offerings
7.11.4 Limerick Wave Wave Energy Revenue in Global Market (2018-2023)
7.11.5 Limerick Wave Key News & Latest Developments
7.12 Arrecife Energy Systems
7.12.1 Arrecife Energy Systems Company Summary
7.12.2 Arrecife Energy Systems Business Overview
7.12.3 Arrecife Energy Systems Wave Energy Major Product Offerings
7.12.4 Arrecife Energy Systems Wave Energy Revenue in Global Market (2018-2023)
7.12.5 Arrecife Energy Systems Key News & Latest Developments
7.13 Accumulated Ocean Energy
7.13.1 Accumulated Ocean Energy Company Summary
7.13.2 Accumulated Ocean Energy Business Overview
7.13.3 Accumulated Ocean Energy Wave Energy Major Product Offerings
7.13.4 Accumulated Ocean Energy Wave Energy Revenue in Global Market (2018-2023)
7.13.5 Accumulated Ocean Energy Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Wave Energy Market Opportunities & Trends in Global Market
Table 2. Wave Energy Market Drivers in Global Market
Table 3. Wave Energy Market Restraints in Global Market
Table 4. Key Players of Wave Energy in Global Market
Table 5. Top Wave Energy Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Wave Energy Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Wave Energy Revenue Share by Companies, 2018-2023
Table 8. Global Companies Wave Energy Product Type
Table 9. List of Global Tier 1 Wave Energy Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Wave Energy Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Wave Energy Revenue, (US$, Mn), 2022 & 2035
Table 12. By Type - Wave Energy Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Wave Energy Revenue in Global (US$, Mn), 2024-2035
Table 14. By Application ? Global Wave Energy Revenue, (US$, Mn), 2022 & 2035
Table 15. By Application - Wave Energy Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Wave Energy Revenue in Global (US$, Mn), 2024-2035
Table 17. By Region ? Global Wave Energy Revenue, (US$, Mn), 2022 & 2035
Table 18. By Region - Global Wave Energy Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Wave Energy Revenue (US$, Mn), 2024-2035
Table 20. By Country - North America Wave Energy Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Wave Energy Revenue, (US$, Mn), 2024-2035
Table 22. By Country - Europe Wave Energy Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Wave Energy Revenue, (US$, Mn), 2024-2035
Table 24. By Region - Asia Wave Energy Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Wave Energy Revenue, (US$, Mn), 2024-2035
Table 26. By Country - South America Wave Energy Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Wave Energy Revenue, (US$, Mn), 2024-2035
Table 28. By Country - Middle East & Africa Wave Energy Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Wave Energy Revenue, (US$, Mn), 2024-2035
Table 30. Ocean Power Technologies Company Summary
Table 31. Ocean Power Technologies Wave Energy Product Offerings
Table 32. Ocean Power Technologies Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 33. Ocean Power Technologies Key News & Latest Developments
Table 34. Eco Wave Power Company Summary
Table 35. Eco Wave Power Wave Energy Product Offerings
Table 36. Eco Wave Power Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 37. Eco Wave Power Key News & Latest Developments
Table 38. Carnegie Clean Energy Company Summary
Table 39. Carnegie Clean Energy Wave Energy Product Offerings
Table 40. Carnegie Clean Energy Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 41. Carnegie Clean Energy Key News & Latest Developments
Table 42. Sinn Power Company Summary
Table 43. Sinn Power Wave Energy Product Offerings
Table 44. Sinn Power Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 45. Sinn Power Key News & Latest Developments
Table 46. Amog Consulting Company Summary
Table 47. Amog Consulting Wave Energy Product Offerings
Table 48. Amog Consulting Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 49. Amog Consulting Key News & Latest Developments
Table 50. Nemos Company Summary
Table 51. Nemos Wave Energy Product Offerings
Table 52. Nemos Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 53. Nemos Key News & Latest Developments
Table 54. Oceanenergy Company Summary
Table 55. Oceanenergy Wave Energy Product Offerings
Table 56. Oceanenergy Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 57. Oceanenergy Key News & Latest Developments
Table 58. Wave Swell Company Summary
Table 59. Wave Swell Wave Energy Product Offerings
Table 60. Wave Swell Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 61. Wave Swell Key News & Latest Developments
Table 62. Aws Ocean Energy Company Summary
Table 63. Aws Ocean Energy Wave Energy Product Offerings
Table 64. Aws Ocean Energy Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 65. Aws Ocean Energy Key News & Latest Developments
Table 66. Corpower Ocean Company Summary
Table 67. Corpower Ocean Wave Energy Product Offerings
Table 68. Corpower Ocean Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 69. Corpower Ocean Key News & Latest Developments
Table 70. Limerick Wave Company Summary
Table 71. Limerick Wave Wave Energy Product Offerings
Table 72. Limerick Wave Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 73. Limerick Wave Key News & Latest Developments
Table 74. Arrecife Energy Systems Company Summary
Table 75. Arrecife Energy Systems Wave Energy Product Offerings
Table 76. Arrecife Energy Systems Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 77. Arrecife Energy Systems Key News & Latest Developments
Table 78. Accumulated Ocean Energy Company Summary
Table 79. Accumulated Ocean Energy Wave Energy Product Offerings
Table 80. Accumulated Ocean Energy Wave Energy Revenue (US$, Mn) & (2018-2023)
Table 81. Accumulated Ocean Energy Key News & Latest Developments
List of Figures
Figure 1. Wave Energy Segment by Type in 2022
Figure 2. Wave Energy Segment by Application in 2022
Figure 3. Global Wave Energy Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Wave Energy Market Size: 2022 VS 2035 (US$, Mn)
Figure 6. Global Wave Energy Revenue, 2018-2035 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Wave Energy Revenue in 2022
Figure 8. By Type - Global Wave Energy Revenue Market Share, 2018-2035
Figure 9. By Application - Global Wave Energy Revenue Market Share, 2018-2035
Figure 10. By Type - Global Wave Energy Revenue, (US$, Mn), 2022 & 2035
Figure 11. By Type - Global Wave Energy Revenue Market Share, 2018-2035
Figure 12. By Application - Global Wave Energy Revenue, (US$, Mn), 2022 & 2035
Figure 13. By Application - Global Wave Energy Revenue Market Share, 2018-2035
Figure 14. By Region - Global Wave Energy Revenue Market Share, 2018-2035
Figure 15. By Country - North America Wave Energy Revenue Market Share, 2018-2035
Figure 16. US Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 17. Canada Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 18. Mexico Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 19. By Country - Europe Wave Energy Revenue Market Share, 2018-2035
Figure 20. Germany Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 21. France Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 22. U.K. Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 23. Italy Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 24. Russia Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 25. Nordic Countries Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 26. Benelux Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 27. By Region - Asia Wave Energy Revenue Market Share, 2018-2035
Figure 28. China Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 29. Japan Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 30. South Korea Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 31. Southeast Asia Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 32. India Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 33. By Country - South America Wave Energy Revenue Market Share, 2018-2035
Figure 34. Brazil Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 35. Argentina Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 36. By Country - Middle East & Africa Wave Energy Revenue Market Share, 2018-2035
Figure 37. Turkey Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 38. Israel Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 39. Saudi Arabia Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 40. UAE Wave Energy Revenue, (US$, Mn), 2018-2035
Figure 41. Ocean Power Technologies Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Eco Wave Power Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Carnegie Clean Energy Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Sinn Power Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Amog Consulting Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Nemos Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Oceanenergy Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Wave Swell Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Aws Ocean Energy Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Corpower Ocean Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Limerick Wave Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 52. Arrecife Energy Systems Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 53. Accumulated Ocean Energy Wave Energy Revenue Year Over Year Growth (US$, Mn) & (2018-2023)