Global Ocean Power

Ocean Power Comprehensive Study by Type (Tidal Energy, Tidal Stream, Wave Energy, Ocean Thermal Energy, Others), Application (Power Generation, Desalination, Water Pumping) Players and Region - Global Market Outlook to 2027

Ocean Power Market by XX Submarkets | Forecast Years 2023-2027  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Ocean Power Market Scope
The global ocean power market is expanding due to increased demand for energy generated by ocean power sources. Furthermore, the implementation of stringent government regulations aimed at reducing environmental pollution caused by carbon-emitting fossil fuels in the power generation industry drives market growth. Ocean power is the energy generated by sea-based sources such as tidal streams, wave energy, and tidal barrages. Ocean power is a promising renewable energy source for meeting global climate change targets as well as broader environmental, socioeconomic, and sustainable goals. Ocean power is used in a variety of applications such as power generation, water pumping, and tidal streams. Ocean power has several key advantages, including reduced carbon emissions, increased energy reliability and security, and cost savings.

AttributesDetails
Study Period2017-2027
Base Year2022
UnitValue (USD Million)
Key Companies ProfiledOcean Power Technologies (United States), Eco wave Power (Israel), AW-Energy (Finland), Checkmate SeaEnergy (United Kingdom), SSE Renewables Limited (United Kingdom), Atmocean Inc. (United States), AWS Ocean Energy (United Kingdom), Atargis Energy Corporation (United States), Off shore Energy (United Kingdom), Neptune Equipment Corp. (United States), Seatricity Ltd. (United States), Ocean Wave Energy Ltd (United States), The European Marine Energy Centre Ltd. (United Kingdom), 40South Energy (Italy) and Seapower Ltd. (Ireland)
CAGR%


The global ocean power market is fragmented because ocean power technology is in its early stages of development and the market is looking for funding and investment. Existing companies in the market are launching new products and engaging in merger and acquisition activities to increase their global brand presence. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Ocean Power market throughout the predicted period.

Ocean Power Technologies (United States), Eco wave Power (Israel), AW-Energy (Finland), Checkmate SeaEnergy (United Kingdom), SSE Renewables Limited (United Kingdom), Atmocean Inc. (United States), AWS Ocean Energy (United Kingdom), Atargis Energy Corporation (United States), Off shore Energy (United Kingdom), Neptune Equipment Corp. (United States), Seatricity Ltd. (United States), Ocean Wave Energy Ltd (United States), The European Marine Energy Centre Ltd. (United Kingdom), 40South Energy (Italy) and Seapower Ltd. (Ireland) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are SINN Power (Germany), Carnegie Clean Energy (Australia), Mocean Energy (United Kingdom), Ocean Energy (Ireland) and Wave Swell Energy (Australia).

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Ocean Power market by Type , by Application (Power Generation, Desalination and Water Pumping) and Region with country level break-up.

On the basis of geography, the market of Ocean Power has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). region held largest market share in the year 2022.

Market Leaders and their expansionary development strategies
On November 16, 2021, Ocean Power Technologies, Inc. a pioneer in innovative and cost-effective low-carbon marine power, data, and service solutions, has completed the acquisition of Marine Advanced Robotics, Inc., a Richmond (San Francisco Bay Area)-based developer and manufacturer of autonomous surface vehicles (ASVs). This acquisition provides OPT with an established, innovative offshore product line with roaming capability that immediately complements the OPT business strategy., and On February 2021, Ocean Power Technologies, Inc. a pioneer in innovative and cost-effective ocean energy solutions acquired 3Dent Technology, LLC.
In 2021, DesignPro Renewables, an Irish company, completed the deployment and successful testing of its 60-kW (DPR60) turbine in Kirkwall, Scotland, The addition of a fourth turbine to the Shetland Tidal Array as part of the EnFAIT project by Scottish tidal technology developer NOVA Innovation is also noteworthy., and In 2021, The European Commission launched Horizon Europe which, like its predecessor, Horizon 2020, supports ocean energy research, development, and innovation. Furthermore, the new EU Innovation Fund issued its first call for demonstrations in real sea environments and innovative components to improve the overall lifetime, reliability, install ability, operability, and maintainability of ocean energy devices, with deadlines in 2021.
The global ocean power market is governed by a number of federal and state agencies, the role of which is to lease/permit/site offshore land. Provide an environmental review as well as ongoing inspection. Ensure the installation's safety and Handle legal dispute. Agencies such as The Federal Energy Regulatory Commission (FERC) has jurisdiction under the Federal Power Act to issue licences for non-federal hydrokinetic and ocean technologies for up to 50 years. Pilot project developers may be granted limited exemptions from licencing. Oversees generation, interconnection of state grids, and interstate electric transmission. and Under the Department of the Interior Energy Policy Act of 2004, the Minerals Management Service (MMS) has the authority to distribute ocean floor space through least or rent payments to the federal government. The federal government splits the revenue with the neighbouring state.

Influencing Trend:
Rising government initiative and funding for the technological development

Market Growth Drivers:
Increased demand for energy generated by ocean power sources, and Stringent government regulations aimed at reducing environmental pollution caused by carbon-emitting fossil fuels in the power generation industry will fuel growth.

Challenges:
The market's growth is hampered by a lack of technological advancement and environmental challenges., and High maintenance cost and difficulty in maintenance

Restraints:
High Initial Upfront and Construction cost restrict the market growth, and The ocean power market is still in its early stages, which limits market growth

Opportunities:
Transformation from coal and other conventional power generation to renewable energy sources creates tremendous opportunities, and Rising concerns about energy security, as well as lower crude oil prices creates growth opportunities for the market

Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others

Report Objectives / Segmentation Covered

By Type
  • Tidal Energy
  • Tidal Stream
  • Wave Energy
  • Ocean Thermal Energy
  • Others
By Application
  • Power Generation
  • Desalination
  • Water Pumping
By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increased demand for energy generated by ocean power sources
      • 3.2.2. Stringent government regulations aimed at reducing environmental pollution caused by carbon-emitting fossil fuels in the power generation industry will fuel growth.
    • 3.3. Market Challenges
      • 3.3.1. The market's growth is hampered by a lack of technological advancement and environmental challenges.
      • 3.3.2. High maintenance cost and difficulty in maintenance
    • 3.4. Market Trends
      • 3.4.1. Rising government initiative and funding for the technological development
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Ocean Power, by Type, Application and Region (value and price ) (2017-2022)
    • 5.1. Introduction
    • 5.2. Global Ocean Power (Value)
      • 5.2.1. Global Ocean Power by: Type (Value)
        • 5.2.1.1. Tidal Energy
        • 5.2.1.2. Tidal Stream
        • 5.2.1.3. Wave Energy
        • 5.2.1.4. Ocean Thermal Energy
        • 5.2.1.5. Others
      • 5.2.2. Global Ocean Power by: Application (Value)
        • 5.2.2.1. Power Generation
        • 5.2.2.2. Desalination
        • 5.2.2.3. Water Pumping
      • 5.2.3. Global Ocean Power Region
        • 5.2.3.1. South America
          • 5.2.3.1.1. Brazil
          • 5.2.3.1.2. Argentina
          • 5.2.3.1.3. Rest of South America
        • 5.2.3.2. Asia Pacific
          • 5.2.3.2.1. China
          • 5.2.3.2.2. Japan
          • 5.2.3.2.3. India
          • 5.2.3.2.4. South Korea
          • 5.2.3.2.5. Taiwan
          • 5.2.3.2.6. Australia
          • 5.2.3.2.7. Rest of Asia-Pacific
        • 5.2.3.3. Europe
          • 5.2.3.3.1. Germany
          • 5.2.3.3.2. France
          • 5.2.3.3.3. Italy
          • 5.2.3.3.4. United Kingdom
          • 5.2.3.3.5. Netherlands
          • 5.2.3.3.6. Rest of Europe
        • 5.2.3.4. MEA
          • 5.2.3.4.1. Middle East
          • 5.2.3.4.2. Africa
        • 5.2.3.5. North America
          • 5.2.3.5.1. United States
          • 5.2.3.5.2. Canada
          • 5.2.3.5.3. Mexico
    • 5.3. Global Ocean Power (Price)
      • 5.3.1. Global Ocean Power by: Type (Price)
  • 6. Ocean Power: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2022)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Ocean Power Technologies (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Eco wave Power (Israel)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. AW-Energy (Finland)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Checkmate SeaEnergy (United Kingdom)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. SSE Renewables Limited (United Kingdom)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Atmocean Inc. (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. AWS Ocean Energy (United Kingdom)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Atargis Energy Corporation (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Off shore Energy (United Kingdom)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Neptune Equipment Corp. (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
      • 6.4.11. Seatricity Ltd. (United States)
        • 6.4.11.1. Business Overview
        • 6.4.11.2. Products/Services Offerings
        • 6.4.11.3. Financial Analysis
        • 6.4.11.4. SWOT Analysis
      • 6.4.12. Ocean Wave Energy Ltd (United States)
        • 6.4.12.1. Business Overview
        • 6.4.12.2. Products/Services Offerings
        • 6.4.12.3. Financial Analysis
        • 6.4.12.4. SWOT Analysis
      • 6.4.13. The European Marine Energy Centre Ltd. (United Kingdom)
        • 6.4.13.1. Business Overview
        • 6.4.13.2. Products/Services Offerings
        • 6.4.13.3. Financial Analysis
        • 6.4.13.4. SWOT Analysis
      • 6.4.14. 40South Energy (Italy)
        • 6.4.14.1. Business Overview
        • 6.4.14.2. Products/Services Offerings
        • 6.4.14.3. Financial Analysis
        • 6.4.14.4. SWOT Analysis
      • 6.4.15. Seapower Ltd. (Ireland)
        • 6.4.15.1. Business Overview
        • 6.4.15.2. Products/Services Offerings
        • 6.4.15.3. Financial Analysis
        • 6.4.15.4. SWOT Analysis
  • 7. Global Ocean Power Sale, by Type, Application and Region (value and price ) (2022-2027)
    • 7.1. Introduction
    • 7.2. Global Ocean Power (Value)
      • 7.2.1. Global Ocean Power by: Type (Value)
        • 7.2.1.1. Tidal Energy
        • 7.2.1.2. Tidal Stream
        • 7.2.1.3. Wave Energy
        • 7.2.1.4. Ocean Thermal Energy
        • 7.2.1.5. Others
      • 7.2.2. Global Ocean Power by: Application (Value)
        • 7.2.2.1. Power Generation
        • 7.2.2.2. Desalination
        • 7.2.2.3. Water Pumping
      • 7.2.3. Global Ocean Power Region
        • 7.2.3.1. South America
          • 7.2.3.1.1. Brazil
          • 7.2.3.1.2. Argentina
          • 7.2.3.1.3. Rest of South America
        • 7.2.3.2. Asia Pacific
          • 7.2.3.2.1. China
          • 7.2.3.2.2. Japan
          • 7.2.3.2.3. India
          • 7.2.3.2.4. South Korea
          • 7.2.3.2.5. Taiwan
          • 7.2.3.2.6. Australia
          • 7.2.3.2.7. Rest of Asia-Pacific
        • 7.2.3.3. Europe
          • 7.2.3.3.1. Germany
          • 7.2.3.3.2. France
          • 7.2.3.3.3. Italy
          • 7.2.3.3.4. United Kingdom
          • 7.2.3.3.5. Netherlands
          • 7.2.3.3.6. Rest of Europe
        • 7.2.3.4. MEA
          • 7.2.3.4.1. Middle East
          • 7.2.3.4.2. Africa
        • 7.2.3.5. North America
          • 7.2.3.5.1. United States
          • 7.2.3.5.2. Canada
          • 7.2.3.5.3. Mexico
    • 7.3. Global Ocean Power (Price)
      • 7.3.1. Global Ocean Power by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Ocean Power: by Type(USD Million)
  • Table 2. Ocean Power Tidal Energy , by Region USD Million (2017-2022)
  • Table 3. Ocean Power Tidal Stream , by Region USD Million (2017-2022)
  • Table 4. Ocean Power Wave Energy , by Region USD Million (2017-2022)
  • Table 5. Ocean Power Ocean Thermal Energy , by Region USD Million (2017-2022)
  • Table 6. Ocean Power Others , by Region USD Million (2017-2022)
  • Table 7. Ocean Power: by Application(USD Million)
  • Table 8. Ocean Power Power Generation , by Region USD Million (2017-2022)
  • Table 9. Ocean Power Desalination , by Region USD Million (2017-2022)
  • Table 10. Ocean Power Water Pumping , by Region USD Million (2017-2022)
  • Table 11. South America Ocean Power, by Country USD Million (2017-2022)
  • Table 12. South America Ocean Power, by Type USD Million (2017-2022)
  • Table 13. South America Ocean Power, by Application USD Million (2017-2022)
  • Table 14. Brazil Ocean Power, by Type USD Million (2017-2022)
  • Table 15. Brazil Ocean Power, by Application USD Million (2017-2022)
  • Table 16. Argentina Ocean Power, by Type USD Million (2017-2022)
  • Table 17. Argentina Ocean Power, by Application USD Million (2017-2022)
  • Table 18. Rest of South America Ocean Power, by Type USD Million (2017-2022)
  • Table 19. Rest of South America Ocean Power, by Application USD Million (2017-2022)
  • Table 20. Asia Pacific Ocean Power, by Country USD Million (2017-2022)
  • Table 21. Asia Pacific Ocean Power, by Type USD Million (2017-2022)
  • Table 22. Asia Pacific Ocean Power, by Application USD Million (2017-2022)
  • Table 23. China Ocean Power, by Type USD Million (2017-2022)
  • Table 24. China Ocean Power, by Application USD Million (2017-2022)
  • Table 25. Japan Ocean Power, by Type USD Million (2017-2022)
  • Table 26. Japan Ocean Power, by Application USD Million (2017-2022)
  • Table 27. India Ocean Power, by Type USD Million (2017-2022)
  • Table 28. India Ocean Power, by Application USD Million (2017-2022)
  • Table 29. South Korea Ocean Power, by Type USD Million (2017-2022)
  • Table 30. South Korea Ocean Power, by Application USD Million (2017-2022)
  • Table 31. Taiwan Ocean Power, by Type USD Million (2017-2022)
  • Table 32. Taiwan Ocean Power, by Application USD Million (2017-2022)
  • Table 33. Australia Ocean Power, by Type USD Million (2017-2022)
  • Table 34. Australia Ocean Power, by Application USD Million (2017-2022)
  • Table 35. Rest of Asia-Pacific Ocean Power, by Type USD Million (2017-2022)
  • Table 36. Rest of Asia-Pacific Ocean Power, by Application USD Million (2017-2022)
  • Table 37. Europe Ocean Power, by Country USD Million (2017-2022)
  • Table 38. Europe Ocean Power, by Type USD Million (2017-2022)
  • Table 39. Europe Ocean Power, by Application USD Million (2017-2022)
  • Table 40. Germany Ocean Power, by Type USD Million (2017-2022)
  • Table 41. Germany Ocean Power, by Application USD Million (2017-2022)
  • Table 42. France Ocean Power, by Type USD Million (2017-2022)
  • Table 43. France Ocean Power, by Application USD Million (2017-2022)
  • Table 44. Italy Ocean Power, by Type USD Million (2017-2022)
  • Table 45. Italy Ocean Power, by Application USD Million (2017-2022)
  • Table 46. United Kingdom Ocean Power, by Type USD Million (2017-2022)
  • Table 47. United Kingdom Ocean Power, by Application USD Million (2017-2022)
  • Table 48. Netherlands Ocean Power, by Type USD Million (2017-2022)
  • Table 49. Netherlands Ocean Power, by Application USD Million (2017-2022)
  • Table 50. Rest of Europe Ocean Power, by Type USD Million (2017-2022)
  • Table 51. Rest of Europe Ocean Power, by Application USD Million (2017-2022)
  • Table 52. MEA Ocean Power, by Country USD Million (2017-2022)
  • Table 53. MEA Ocean Power, by Type USD Million (2017-2022)
  • Table 54. MEA Ocean Power, by Application USD Million (2017-2022)
  • Table 55. Middle East Ocean Power, by Type USD Million (2017-2022)
  • Table 56. Middle East Ocean Power, by Application USD Million (2017-2022)
  • Table 57. Africa Ocean Power, by Type USD Million (2017-2022)
  • Table 58. Africa Ocean Power, by Application USD Million (2017-2022)
  • Table 59. North America Ocean Power, by Country USD Million (2017-2022)
  • Table 60. North America Ocean Power, by Type USD Million (2017-2022)
  • Table 61. North America Ocean Power, by Application USD Million (2017-2022)
  • Table 62. United States Ocean Power, by Type USD Million (2017-2022)
  • Table 63. United States Ocean Power, by Application USD Million (2017-2022)
  • Table 64. Canada Ocean Power, by Type USD Million (2017-2022)
  • Table 65. Canada Ocean Power, by Application USD Million (2017-2022)
  • Table 66. Mexico Ocean Power, by Type USD Million (2017-2022)
  • Table 67. Mexico Ocean Power, by Application USD Million (2017-2022)
  • Table 68. Ocean Power: by Type(USD/Units)
  • Table 69. Company Basic Information, Sales Area and Its Competitors
  • Table 70. Company Basic Information, Sales Area and Its Competitors
  • Table 71. Company Basic Information, Sales Area and Its Competitors
  • Table 72. Company Basic Information, Sales Area and Its Competitors
  • Table 73. Company Basic Information, Sales Area and Its Competitors
  • Table 74. Company Basic Information, Sales Area and Its Competitors
  • Table 75. Company Basic Information, Sales Area and Its Competitors
  • Table 76. Company Basic Information, Sales Area and Its Competitors
  • Table 77. Company Basic Information, Sales Area and Its Competitors
  • Table 78. Company Basic Information, Sales Area and Its Competitors
  • Table 79. Company Basic Information, Sales Area and Its Competitors
  • Table 80. Company Basic Information, Sales Area and Its Competitors
  • Table 81. Company Basic Information, Sales Area and Its Competitors
  • Table 82. Company Basic Information, Sales Area and Its Competitors
  • Table 83. Company Basic Information, Sales Area and Its Competitors
  • Table 84. Ocean Power: by Type(USD Million)
  • Table 85. Ocean Power Tidal Energy , by Region USD Million (2022-2027)
  • Table 86. Ocean Power Tidal Stream , by Region USD Million (2022-2027)
  • Table 87. Ocean Power Wave Energy , by Region USD Million (2022-2027)
  • Table 88. Ocean Power Ocean Thermal Energy , by Region USD Million (2022-2027)
  • Table 89. Ocean Power Others , by Region USD Million (2022-2027)
  • Table 90. Ocean Power: by Application(USD Million)
  • Table 91. Ocean Power Power Generation , by Region USD Million (2022-2027)
  • Table 92. Ocean Power Desalination , by Region USD Million (2022-2027)
  • Table 93. Ocean Power Water Pumping , by Region USD Million (2022-2027)
  • Table 94. South America Ocean Power, by Country USD Million (2022-2027)
  • Table 95. South America Ocean Power, by Type USD Million (2022-2027)
  • Table 96. South America Ocean Power, by Application USD Million (2022-2027)
  • Table 97. Brazil Ocean Power, by Type USD Million (2022-2027)
  • Table 98. Brazil Ocean Power, by Application USD Million (2022-2027)
  • Table 99. Argentina Ocean Power, by Type USD Million (2022-2027)
  • Table 100. Argentina Ocean Power, by Application USD Million (2022-2027)
  • Table 101. Rest of South America Ocean Power, by Type USD Million (2022-2027)
  • Table 102. Rest of South America Ocean Power, by Application USD Million (2022-2027)
  • Table 103. Asia Pacific Ocean Power, by Country USD Million (2022-2027)
  • Table 104. Asia Pacific Ocean Power, by Type USD Million (2022-2027)
  • Table 105. Asia Pacific Ocean Power, by Application USD Million (2022-2027)
  • Table 106. China Ocean Power, by Type USD Million (2022-2027)
  • Table 107. China Ocean Power, by Application USD Million (2022-2027)
  • Table 108. Japan Ocean Power, by Type USD Million (2022-2027)
  • Table 109. Japan Ocean Power, by Application USD Million (2022-2027)
  • Table 110. India Ocean Power, by Type USD Million (2022-2027)
  • Table 111. India Ocean Power, by Application USD Million (2022-2027)
  • Table 112. South Korea Ocean Power, by Type USD Million (2022-2027)
  • Table 113. South Korea Ocean Power, by Application USD Million (2022-2027)
  • Table 114. Taiwan Ocean Power, by Type USD Million (2022-2027)
  • Table 115. Taiwan Ocean Power, by Application USD Million (2022-2027)
  • Table 116. Australia Ocean Power, by Type USD Million (2022-2027)
  • Table 117. Australia Ocean Power, by Application USD Million (2022-2027)
  • Table 118. Rest of Asia-Pacific Ocean Power, by Type USD Million (2022-2027)
  • Table 119. Rest of Asia-Pacific Ocean Power, by Application USD Million (2022-2027)
  • Table 120. Europe Ocean Power, by Country USD Million (2022-2027)
  • Table 121. Europe Ocean Power, by Type USD Million (2022-2027)
  • Table 122. Europe Ocean Power, by Application USD Million (2022-2027)
  • Table 123. Germany Ocean Power, by Type USD Million (2022-2027)
  • Table 124. Germany Ocean Power, by Application USD Million (2022-2027)
  • Table 125. France Ocean Power, by Type USD Million (2022-2027)
  • Table 126. France Ocean Power, by Application USD Million (2022-2027)
  • Table 127. Italy Ocean Power, by Type USD Million (2022-2027)
  • Table 128. Italy Ocean Power, by Application USD Million (2022-2027)
  • Table 129. United Kingdom Ocean Power, by Type USD Million (2022-2027)
  • Table 130. United Kingdom Ocean Power, by Application USD Million (2022-2027)
  • Table 131. Netherlands Ocean Power, by Type USD Million (2022-2027)
  • Table 132. Netherlands Ocean Power, by Application USD Million (2022-2027)
  • Table 133. Rest of Europe Ocean Power, by Type USD Million (2022-2027)
  • Table 134. Rest of Europe Ocean Power, by Application USD Million (2022-2027)
  • Table 135. MEA Ocean Power, by Country USD Million (2022-2027)
  • Table 136. MEA Ocean Power, by Type USD Million (2022-2027)
  • Table 137. MEA Ocean Power, by Application USD Million (2022-2027)
  • Table 138. Middle East Ocean Power, by Type USD Million (2022-2027)
  • Table 139. Middle East Ocean Power, by Application USD Million (2022-2027)
  • Table 140. Africa Ocean Power, by Type USD Million (2022-2027)
  • Table 141. Africa Ocean Power, by Application USD Million (2022-2027)
  • Table 142. North America Ocean Power, by Country USD Million (2022-2027)
  • Table 143. North America Ocean Power, by Type USD Million (2022-2027)
  • Table 144. North America Ocean Power, by Application USD Million (2022-2027)
  • Table 145. United States Ocean Power, by Type USD Million (2022-2027)
  • Table 146. United States Ocean Power, by Application USD Million (2022-2027)
  • Table 147. Canada Ocean Power, by Type USD Million (2022-2027)
  • Table 148. Canada Ocean Power, by Application USD Million (2022-2027)
  • Table 149. Mexico Ocean Power, by Type USD Million (2022-2027)
  • Table 150. Mexico Ocean Power, by Application USD Million (2022-2027)
  • Table 151. Ocean Power: by Type(USD/Units)
  • Table 152. Research Programs/Design for This Report
  • Table 153. Key Data Information from Secondary Sources
  • Table 154. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Ocean Power: by Type USD Million (2017-2022)
  • Figure 5. Global Ocean Power: by Application USD Million (2017-2022)
  • Figure 6. South America Ocean Power Share (%), by Country
  • Figure 7. Asia Pacific Ocean Power Share (%), by Country
  • Figure 8. Europe Ocean Power Share (%), by Country
  • Figure 9. MEA Ocean Power Share (%), by Country
  • Figure 10. North America Ocean Power Share (%), by Country
  • Figure 11. Global Ocean Power: by Type USD/Units (2017-2022)
  • Figure 12. Global Ocean Power share by Players 2022 (%)
  • Figure 13. Global Ocean Power share by Players (Top 3) 2022(%)
  • Figure 14. Global Ocean Power share by Players (Top 5) 2022(%)
  • Figure 15. BCG Matrix for key Companies
  • Figure 16. Ocean Power Technologies (United States) Revenue, Net Income and Gross profit
  • Figure 17. Ocean Power Technologies (United States) Revenue: by Geography 2022
  • Figure 18. Eco wave Power (Israel) Revenue, Net Income and Gross profit
  • Figure 19. Eco wave Power (Israel) Revenue: by Geography 2022
  • Figure 20. AW-Energy (Finland) Revenue, Net Income and Gross profit
  • Figure 21. AW-Energy (Finland) Revenue: by Geography 2022
  • Figure 22. Checkmate SeaEnergy (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 23. Checkmate SeaEnergy (United Kingdom) Revenue: by Geography 2022
  • Figure 24. SSE Renewables Limited (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 25. SSE Renewables Limited (United Kingdom) Revenue: by Geography 2022
  • Figure 26. Atmocean Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 27. Atmocean Inc. (United States) Revenue: by Geography 2022
  • Figure 28. AWS Ocean Energy (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 29. AWS Ocean Energy (United Kingdom) Revenue: by Geography 2022
  • Figure 30. Atargis Energy Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 31. Atargis Energy Corporation (United States) Revenue: by Geography 2022
  • Figure 32. Off shore Energy (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 33. Off shore Energy (United Kingdom) Revenue: by Geography 2022
  • Figure 34. Neptune Equipment Corp. (United States) Revenue, Net Income and Gross profit
  • Figure 35. Neptune Equipment Corp. (United States) Revenue: by Geography 2022
  • Figure 36. Seatricity Ltd. (United States) Revenue, Net Income and Gross profit
  • Figure 37. Seatricity Ltd. (United States) Revenue: by Geography 2022
  • Figure 38. Ocean Wave Energy Ltd (United States) Revenue, Net Income and Gross profit
  • Figure 39. Ocean Wave Energy Ltd (United States) Revenue: by Geography 2022
  • Figure 40. The European Marine Energy Centre Ltd. (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 41. The European Marine Energy Centre Ltd. (United Kingdom) Revenue: by Geography 2022
  • Figure 42. 40South Energy (Italy) Revenue, Net Income and Gross profit
  • Figure 43. 40South Energy (Italy) Revenue: by Geography 2022
  • Figure 44. Seapower Ltd. (Ireland) Revenue, Net Income and Gross profit
  • Figure 45. Seapower Ltd. (Ireland) Revenue: by Geography 2022
  • Figure 46. Global Ocean Power: by Type USD Million (2022-2027)
  • Figure 47. Global Ocean Power: by Application USD Million (2022-2027)
  • Figure 48. South America Ocean Power Share (%), by Country
  • Figure 49. Asia Pacific Ocean Power Share (%), by Country
  • Figure 50. Europe Ocean Power Share (%), by Country
  • Figure 51. MEA Ocean Power Share (%), by Country
  • Figure 52. North America Ocean Power Share (%), by Country
  • Figure 53. Global Ocean Power: by Type USD/Units (2022-2027)
List of companies from research coverage that are profiled in the study
  • Ocean Power Technologies (United States)
  • Eco wave Power (Israel)
  • AW-Energy (Finland)
  • Checkmate SeaEnergy (United Kingdom)
  • SSE Renewables Limited (United Kingdom)
  • Atmocean Inc. (United States)
  • AWS Ocean Energy (United Kingdom)
  • Atargis Energy Corporation (United States)
  • Off shore Energy (United Kingdom)
  • Neptune Equipment Corp. (United States)
  • Seatricity Ltd. (United States)
  • Ocean Wave Energy Ltd (United States)
  • The European Marine Energy Centre Ltd. (United Kingdom)
  • 40South Energy (Italy)
  • Seapower Ltd. (Ireland)
Additional players considered in the study are as follows:
SINN Power (Germany) , Carnegie Clean Energy (Australia) , Mocean Energy (United Kingdom) , Ocean Energy (Ireland) , Wave Swell Energy (Australia)
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Sep 2022 237 Pages 75 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Ocean Power Market are by type [Tidal Energy, Tidal Stream, Wave Energy, Ocean Thermal Energy and Others], by end use application [Power Generation, Desalination and Water Pumping].
The Ocean Power Market is gaining popularity and expected to see strong valuation by 2027.
  • Increased demand for energy generated by ocean power sources
  • Stringent government regulations aimed at reducing environmental pollution caused by carbon-emitting fossil fuels in the power generation industry will fuel growth.

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