Wave Energy Converters

Wave Energy Converters Comprehensive Study by Type (Point Absorbers, Terminators, Attenuators, Oscillating Wave Surge, Submerged Pressure Differential, Rotating Mass Devices), Application (Electricity Generation, Water Desalination, Pumping Of Water, Others), Location (Onshore, Offshore) Players and Region - Global Market Outlook to 2030

Wave Energy Converters Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 17%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Wave Energy Converters Market Scope
Wave energy also called ocean wave energy is a type of renewable energy that is generated by harnessing the up-and-down motion of sea or ocean waves. In today’s time, renewable energy is a more popular word across the globe the world is rapidly shifting towards renewable sources to generate electricity from renewable sources to reduce the environmental effect due to carbon emissions and meet the increased energy demand. Wave energy is gaining more importance compared to wind or solar energy as it is a consistent source and a large amount of energy can be produced compared to other renewable sources like solar and wind. Further, the large scale of wave energy is produced in the North American regions like Washington, Oregon, California, and other west coasts, which will create significant opportunities. The government in India, China, America, and some European countries are establishing strategies for incorporating wave energy that will accelerate the growth of wave energy converters.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
Key Companies ProfiledEco Wave Power (Sweden), Wavr (United States), CorPower Ocean AB (Sweden), The Liquid Grid (United States), Seabased (Ireland), Ocean Power Technologies (United States), Marine Power Systems (United Kingdom), Carnegie Clean Energy (Australia), Wave Swell Energy Ltd (Australia), Havkraft AS (Norway), Limerick Wave (Ireland) and Sinn Power (Germany)
CAGR17.0%


The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that European Manufacturers will contribute to the maximum growth of Global Wave Energy Converters market throughout the predicted period.

Eco Wave Power (Sweden), Wavr (United States), CorPower Ocean AB (Sweden), The Liquid Grid (United States), Seabased (Ireland), Ocean Power Technologies (United States), Marine Power Systems (United Kingdom), Carnegie Clean Energy (Australia), Wave Swell Energy Ltd (Australia), Havkraft AS (Norway), Limerick Wave (Ireland) and Sinn Power (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Nemos GmbH (Germany), Arrecife Systems (Spain), Oscilla Power, Inc. (United States), Mocean Energy (Scotland) and NoviOcean (Sweden).

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 Wave Energy Converters market by Type , by Application (Electricity Generation, Water Desalination, Pumping Of Water and Others) and Region with country level break-up.

On the basis of geography, the market of Wave Energy Converters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 2023.

Market Leaders and their expansionary development strategies
In January 2022, Eco Wave Power collaborated with the US-based Ocean Power Technologies to accelerate wave energy to the next level. The companies will work together on several fronts, including knowledge sharing, joint grant submissions, and collaborative assistance, and leverage complementary technologies for entry to the new market. The solutions can be developed by leveraging OPT's offshore engineering and newly acquired robotics capabilities.
In October 2023, US-based startup Wavr LLC launched a wave energy converter (WEC) that could be used for low-power marine applications. It is designed to be scaled up and integrated with other renewable energy technologies.


Influencing Trend:
Increasing Research and Development of Advanced Oscillating Wave Columns and Evolution of Multi-Oscillating Water Columns

Market Growth Drivers:
Increased Focus on the Renewable Sources for Power Generation to Reduce the Dependence on Fossil Fuel and CO2 Emission, Growing Popularity of Wave Energy Over Wind and Solar Due to Its Consistency and Reliability and Continuously Increasing Energy Demand Across the Globe Will Boost the Market

Challenges:
Noise Pollution and Weak Performance in the Rough Weather May Affect the Growth of Wave Energy Converters

Restraints:
Suitable for Coastal Areas or Towns Where Sea or Ocean is Near and Increasing Concern Towards the Aquaculture or Creatures and Disturbance to the Private or Commercial Vessels

Opportunities:
Large Scale Energy Production on the West Coast of North America and Coasts of Australia, Scotland, and Africa

Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Wave Energy Converters Manufacturers, Venture Capitalists and Private Equity Firms, Government Bodies and Research Organizations, End-Users and Others

Report Objectives / Segmentation Covered

By Type
  • Point Absorbers
  • Terminators
  • Attenuators
  • Oscillating Wave Surge
  • Submerged Pressure Differential
  • Rotating Mass Devices
By Application
  • Electricity Generation
  • Water Desalination
  • Pumping Of Water
  • Others
By Location
  • Onshore
  • Offshore

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • 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 Focus on the Renewable Sources for Power Generation to Reduce the Dependence on Fossil Fuel and CO2 Emission
      • 3.2.2. Growing Popularity of Wave Energy Over Wind and Solar Due to Its Consistency and Reliability
      • 3.2.3. Continuously Increasing Energy Demand Across the Globe Will Boost the Market
    • 3.3. Market Challenges
      • 3.3.1. Noise Pollution and Weak Performance in the Rough Weather May Affect the Growth of Wave Energy Converters
    • 3.4. Market Trends
      • 3.4.1. Increasing Research and Development of Advanced Oscillating Wave Columns and Evolution of Multi-Oscillating Water Columns
  • 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 Wave Energy Converters, by Type, Application, Location and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Wave Energy Converters (Value)
      • 5.2.1. Global Wave Energy Converters by: Type (Value)
        • 5.2.1.1. Point Absorbers
        • 5.2.1.2. Terminators
        • 5.2.1.3. Attenuators
        • 5.2.1.4. Oscillating Wave Surge
        • 5.2.1.5. Submerged Pressure Differential
        • 5.2.1.6. Rotating Mass Devices
      • 5.2.2. Global Wave Energy Converters by: Application (Value)
        • 5.2.2.1. Electricity Generation
        • 5.2.2.2. Water Desalination
        • 5.2.2.3. Pumping Of Water
        • 5.2.2.4. Others
      • 5.2.3. Global Wave Energy Converters by: Location (Value)
        • 5.2.3.1. Onshore
        • 5.2.3.2. Offshore
      • 5.2.4. Global Wave Energy Converters Region
        • 5.2.4.1. South America
          • 5.2.4.1.1. Brazil
          • 5.2.4.1.2. Argentina
          • 5.2.4.1.3. Rest of South America
        • 5.2.4.2. Asia Pacific
          • 5.2.4.2.1. China
          • 5.2.4.2.2. Japan
          • 5.2.4.2.3. India
          • 5.2.4.2.4. South Korea
          • 5.2.4.2.5. Australia
          • 5.2.4.2.6. Rest of Asia-Pacific
        • 5.2.4.3. Europe
          • 5.2.4.3.1. Germany
          • 5.2.4.3.2. France
          • 5.2.4.3.3. Italy
          • 5.2.4.3.4. United Kingdom
          • 5.2.4.3.5. Netherlands
          • 5.2.4.3.6. Rest of Europe
        • 5.2.4.4. MEA
          • 5.2.4.4.1. Middle East
          • 5.2.4.4.2. Africa
        • 5.2.4.5. North America
          • 5.2.4.5.1. United States
          • 5.2.4.5.2. Canada
          • 5.2.4.5.3. Mexico
    • 5.3. Global Wave Energy Converters (Price)
      • 5.3.1. Global Wave Energy Converters by: Type (Price)
  • 6. Wave Energy Converters: 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 (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Eco Wave Power (Sweden)
        • 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. Wavr (United States)
        • 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. CorPower Ocean AB (Sweden)
        • 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. The Liquid Grid (United States)
        • 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. Seabased (Ireland)
        • 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. Ocean Power Technologies (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. Marine Power Systems (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. Carnegie Clean Energy (Australia)
        • 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. Wave Swell Energy Ltd (Australia)
        • 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. Havkraft AS (Norway)
        • 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. Limerick Wave (Ireland)
        • 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. Sinn Power (Germany)
        • 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
  • 7. Global Wave Energy Converters Sale, by Type, Application, Location and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Wave Energy Converters (Value)
      • 7.2.1. Global Wave Energy Converters by: Type (Value)
        • 7.2.1.1. Point Absorbers
        • 7.2.1.2. Terminators
        • 7.2.1.3. Attenuators
        • 7.2.1.4. Oscillating Wave Surge
        • 7.2.1.5. Submerged Pressure Differential
        • 7.2.1.6. Rotating Mass Devices
      • 7.2.2. Global Wave Energy Converters by: Application (Value)
        • 7.2.2.1. Electricity Generation
        • 7.2.2.2. Water Desalination
        • 7.2.2.3. Pumping Of Water
        • 7.2.2.4. Others
      • 7.2.3. Global Wave Energy Converters by: Location (Value)
        • 7.2.3.1. Onshore
        • 7.2.3.2. Offshore
      • 7.2.4. Global Wave Energy Converters Region
        • 7.2.4.1. South America
          • 7.2.4.1.1. Brazil
          • 7.2.4.1.2. Argentina
          • 7.2.4.1.3. Rest of South America
        • 7.2.4.2. Asia Pacific
          • 7.2.4.2.1. China
          • 7.2.4.2.2. Japan
          • 7.2.4.2.3. India
          • 7.2.4.2.4. South Korea
          • 7.2.4.2.5. Australia
          • 7.2.4.2.6. Rest of Asia-Pacific
        • 7.2.4.3. Europe
          • 7.2.4.3.1. Germany
          • 7.2.4.3.2. France
          • 7.2.4.3.3. Italy
          • 7.2.4.3.4. United Kingdom
          • 7.2.4.3.5. Netherlands
          • 7.2.4.3.6. Rest of Europe
        • 7.2.4.4. MEA
          • 7.2.4.4.1. Middle East
          • 7.2.4.4.2. Africa
        • 7.2.4.5. North America
          • 7.2.4.5.1. United States
          • 7.2.4.5.2. Canada
          • 7.2.4.5.3. Mexico
    • 7.3. Global Wave Energy Converters (Price)
      • 7.3.1. Global Wave Energy Converters 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. Wave Energy Converters: by Type(USD Million)
  • Table 2. Wave Energy Converters Point Absorbers , by Region USD Million (2018-2023)
  • Table 3. Wave Energy Converters Terminators , by Region USD Million (2018-2023)
  • Table 4. Wave Energy Converters Attenuators , by Region USD Million (2018-2023)
  • Table 5. Wave Energy Converters Oscillating Wave Surge , by Region USD Million (2018-2023)
  • Table 6. Wave Energy Converters Submerged Pressure Differential , by Region USD Million (2018-2023)
  • Table 7. Wave Energy Converters Rotating Mass Devices , by Region USD Million (2018-2023)
  • Table 8. Wave Energy Converters: by Application(USD Million)
  • Table 9. Wave Energy Converters Electricity Generation , by Region USD Million (2018-2023)
  • Table 10. Wave Energy Converters Water Desalination , by Region USD Million (2018-2023)
  • Table 11. Wave Energy Converters Pumping Of Water , by Region USD Million (2018-2023)
  • Table 12. Wave Energy Converters Others , by Region USD Million (2018-2023)
  • Table 13. Wave Energy Converters: by Location(USD Million)
  • Table 14. Wave Energy Converters Onshore , by Region USD Million (2018-2023)
  • Table 15. Wave Energy Converters Offshore , by Region USD Million (2018-2023)
  • Table 16. South America Wave Energy Converters, by Country USD Million (2018-2023)
  • Table 17. South America Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 18. South America Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 19. South America Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 20. Brazil Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 21. Brazil Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 22. Brazil Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 23. Argentina Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 24. Argentina Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 25. Argentina Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 26. Rest of South America Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 27. Rest of South America Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 28. Rest of South America Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 29. Asia Pacific Wave Energy Converters, by Country USD Million (2018-2023)
  • Table 30. Asia Pacific Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 31. Asia Pacific Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 32. Asia Pacific Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 33. China Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 34. China Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 35. China Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 36. Japan Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 37. Japan Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 38. Japan Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 39. India Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 40. India Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 41. India Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 42. South Korea Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 43. South Korea Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 44. South Korea Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 45. Australia Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 46. Australia Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 47. Australia Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 48. Rest of Asia-Pacific Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 49. Rest of Asia-Pacific Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 50. Rest of Asia-Pacific Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 51. Europe Wave Energy Converters, by Country USD Million (2018-2023)
  • Table 52. Europe Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 53. Europe Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 54. Europe Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 55. Germany Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 56. Germany Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 57. Germany Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 58. France Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 59. France Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 60. France Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 61. Italy Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 62. Italy Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 63. Italy Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 64. United Kingdom Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 65. United Kingdom Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 66. United Kingdom Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 67. Netherlands Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 68. Netherlands Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 69. Netherlands Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 70. Rest of Europe Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 71. Rest of Europe Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 72. Rest of Europe Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 73. MEA Wave Energy Converters, by Country USD Million (2018-2023)
  • Table 74. MEA Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 75. MEA Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 76. MEA Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 77. Middle East Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 78. Middle East Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 79. Middle East Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 80. Africa Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 81. Africa Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 82. Africa Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 83. North America Wave Energy Converters, by Country USD Million (2018-2023)
  • Table 84. North America Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 85. North America Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 86. North America Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 87. United States Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 88. United States Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 89. United States Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 90. Canada Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 91. Canada Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 92. Canada Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 93. Mexico Wave Energy Converters, by Type USD Million (2018-2023)
  • Table 94. Mexico Wave Energy Converters, by Application USD Million (2018-2023)
  • Table 95. Mexico Wave Energy Converters, by Location USD Million (2018-2023)
  • Table 96. Wave Energy Converters: by Type(USD/Units)
  • Table 97. Company Basic Information, Sales Area and Its Competitors
  • Table 98. Company Basic Information, Sales Area and Its Competitors
  • Table 99. Company Basic Information, Sales Area and Its Competitors
  • Table 100. Company Basic Information, Sales Area and Its Competitors
  • Table 101. Company Basic Information, Sales Area and Its Competitors
  • Table 102. Company Basic Information, Sales Area and Its Competitors
  • Table 103. Company Basic Information, Sales Area and Its Competitors
  • Table 104. Company Basic Information, Sales Area and Its Competitors
  • Table 105. Company Basic Information, Sales Area and Its Competitors
  • Table 106. Company Basic Information, Sales Area and Its Competitors
  • Table 107. Company Basic Information, Sales Area and Its Competitors
  • Table 108. Company Basic Information, Sales Area and Its Competitors
  • Table 109. Wave Energy Converters: by Type(USD Million)
  • Table 110. Wave Energy Converters Point Absorbers , by Region USD Million (2025-2030)
  • Table 111. Wave Energy Converters Terminators , by Region USD Million (2025-2030)
  • Table 112. Wave Energy Converters Attenuators , by Region USD Million (2025-2030)
  • Table 113. Wave Energy Converters Oscillating Wave Surge , by Region USD Million (2025-2030)
  • Table 114. Wave Energy Converters Submerged Pressure Differential , by Region USD Million (2025-2030)
  • Table 115. Wave Energy Converters Rotating Mass Devices , by Region USD Million (2025-2030)
  • Table 116. Wave Energy Converters: by Application(USD Million)
  • Table 117. Wave Energy Converters Electricity Generation , by Region USD Million (2025-2030)
  • Table 118. Wave Energy Converters Water Desalination , by Region USD Million (2025-2030)
  • Table 119. Wave Energy Converters Pumping Of Water , by Region USD Million (2025-2030)
  • Table 120. Wave Energy Converters Others , by Region USD Million (2025-2030)
  • Table 121. Wave Energy Converters: by Location(USD Million)
  • Table 122. Wave Energy Converters Onshore , by Region USD Million (2025-2030)
  • Table 123. Wave Energy Converters Offshore , by Region USD Million (2025-2030)
  • Table 124. South America Wave Energy Converters, by Country USD Million (2025-2030)
  • Table 125. South America Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 126. South America Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 127. South America Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 128. Brazil Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 129. Brazil Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 130. Brazil Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 131. Argentina Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 132. Argentina Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 133. Argentina Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 134. Rest of South America Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 135. Rest of South America Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 136. Rest of South America Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 137. Asia Pacific Wave Energy Converters, by Country USD Million (2025-2030)
  • Table 138. Asia Pacific Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 139. Asia Pacific Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 140. Asia Pacific Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 141. China Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 142. China Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 143. China Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 144. Japan Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 145. Japan Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 146. Japan Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 147. India Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 148. India Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 149. India Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 150. South Korea Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 151. South Korea Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 152. South Korea Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 153. Australia Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 154. Australia Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 155. Australia Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 156. Rest of Asia-Pacific Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 157. Rest of Asia-Pacific Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 158. Rest of Asia-Pacific Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 159. Europe Wave Energy Converters, by Country USD Million (2025-2030)
  • Table 160. Europe Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 161. Europe Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 162. Europe Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 163. Germany Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 164. Germany Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 165. Germany Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 166. France Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 167. France Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 168. France Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 169. Italy Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 170. Italy Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 171. Italy Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 172. United Kingdom Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 173. United Kingdom Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 174. United Kingdom Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 175. Netherlands Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 176. Netherlands Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 177. Netherlands Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 178. Rest of Europe Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 179. Rest of Europe Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 180. Rest of Europe Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 181. MEA Wave Energy Converters, by Country USD Million (2025-2030)
  • Table 182. MEA Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 183. MEA Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 184. MEA Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 185. Middle East Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 186. Middle East Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 187. Middle East Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 188. Africa Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 189. Africa Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 190. Africa Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 191. North America Wave Energy Converters, by Country USD Million (2025-2030)
  • Table 192. North America Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 193. North America Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 194. North America Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 195. United States Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 196. United States Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 197. United States Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 198. Canada Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 199. Canada Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 200. Canada Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 201. Mexico Wave Energy Converters, by Type USD Million (2025-2030)
  • Table 202. Mexico Wave Energy Converters, by Application USD Million (2025-2030)
  • Table 203. Mexico Wave Energy Converters, by Location USD Million (2025-2030)
  • Table 204. Wave Energy Converters: by Type(USD/Units)
  • Table 205. Research Programs/Design for This Report
  • Table 206. Key Data Information from Secondary Sources
  • Table 207. 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 Wave Energy Converters: by Type USD Million (2018-2023)
  • Figure 5. Global Wave Energy Converters: by Application USD Million (2018-2023)
  • Figure 6. Global Wave Energy Converters: by Location USD Million (2018-2023)
  • Figure 7. South America Wave Energy Converters Share (%), by Country
  • Figure 8. Asia Pacific Wave Energy Converters Share (%), by Country
  • Figure 9. Europe Wave Energy Converters Share (%), by Country
  • Figure 10. MEA Wave Energy Converters Share (%), by Country
  • Figure 11. North America Wave Energy Converters Share (%), by Country
  • Figure 12. Global Wave Energy Converters: by Type USD/Units (2018-2023)
  • Figure 13. Global Wave Energy Converters share by Players 2023 (%)
  • Figure 14. Global Wave Energy Converters share by Players (Top 3) 2023(%)
  • Figure 15. Global Wave Energy Converters share by Players (Top 5) 2023(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Eco Wave Power (Sweden) Revenue, Net Income and Gross profit
  • Figure 18. Eco Wave Power (Sweden) Revenue: by Geography 2023
  • Figure 19. Wavr (United States) Revenue, Net Income and Gross profit
  • Figure 20. Wavr (United States) Revenue: by Geography 2023
  • Figure 21. CorPower Ocean AB (Sweden) Revenue, Net Income and Gross profit
  • Figure 22. CorPower Ocean AB (Sweden) Revenue: by Geography 2023
  • Figure 23. The Liquid Grid (United States) Revenue, Net Income and Gross profit
  • Figure 24. The Liquid Grid (United States) Revenue: by Geography 2023
  • Figure 25. Seabased (Ireland) Revenue, Net Income and Gross profit
  • Figure 26. Seabased (Ireland) Revenue: by Geography 2023
  • Figure 27. Ocean Power Technologies (United States) Revenue, Net Income and Gross profit
  • Figure 28. Ocean Power Technologies (United States) Revenue: by Geography 2023
  • Figure 29. Marine Power Systems (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 30. Marine Power Systems (United Kingdom) Revenue: by Geography 2023
  • Figure 31. Carnegie Clean Energy (Australia) Revenue, Net Income and Gross profit
  • Figure 32. Carnegie Clean Energy (Australia) Revenue: by Geography 2023
  • Figure 33. Wave Swell Energy Ltd (Australia) Revenue, Net Income and Gross profit
  • Figure 34. Wave Swell Energy Ltd (Australia) Revenue: by Geography 2023
  • Figure 35. Havkraft AS (Norway) Revenue, Net Income and Gross profit
  • Figure 36. Havkraft AS (Norway) Revenue: by Geography 2023
  • Figure 37. Limerick Wave (Ireland) Revenue, Net Income and Gross profit
  • Figure 38. Limerick Wave (Ireland) Revenue: by Geography 2023
  • Figure 39. Sinn Power (Germany) Revenue, Net Income and Gross profit
  • Figure 40. Sinn Power (Germany) Revenue: by Geography 2023
  • Figure 41. Global Wave Energy Converters: by Type USD Million (2025-2030)
  • Figure 42. Global Wave Energy Converters: by Application USD Million (2025-2030)
  • Figure 43. Global Wave Energy Converters: by Location USD Million (2025-2030)
  • Figure 44. South America Wave Energy Converters Share (%), by Country
  • Figure 45. Asia Pacific Wave Energy Converters Share (%), by Country
  • Figure 46. Europe Wave Energy Converters Share (%), by Country
  • Figure 47. MEA Wave Energy Converters Share (%), by Country
  • Figure 48. North America Wave Energy Converters Share (%), by Country
  • Figure 49. Global Wave Energy Converters: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Eco Wave Power (Sweden)
  • Wavr (United States)
  • CorPower Ocean AB (Sweden)
  • The Liquid Grid (United States)
  • Seabased (Ireland)
  • Ocean Power Technologies (United States)
  • Marine Power Systems (United Kingdom)
  • Carnegie Clean Energy (Australia)
  • Wave Swell Energy Ltd (Australia)
  • Havkraft AS (Norway)
  • Limerick Wave (Ireland)
  • Sinn Power (Germany)
Additional players considered in the study are as follows:
Nemos GmbH (Germany) , Arrecife Systems (Spain) , Oscilla Power, Inc. (United States) , Mocean Energy (Scotland) , NoviOcean (Sweden)
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Feb 2024 238 Pages 60 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Wave Energy Converters Quantitative research analysis
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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Wave Energy Converters Market are by type [Point Absorbers, Terminators, Attenuators, Oscillating Wave Surge, Submerged Pressure Differential and Rotating Mass Devices], by end use application [Electricity Generation, Water Desalination, Pumping Of Water and Others].
The Wave Energy Converters Market is gaining popularity and expected to see strong valuation by 2030.
  • Increased Focus on the Renewable Sources for Power Generation to Reduce the Dependence on Fossil Fuel and CO2 Emission
  • Growing Popularity of Wave Energy Over Wind and Solar Due to Its Consistency and Reliability
  • Continuously Increasing Energy Demand Across the Globe Will Boost the Market

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