Growth Outlook: Marine Power Market By Key Players: Wello Oy, Pulse Tidal, Oceanlinx 2018-2025

Qyresearchreports include new market research report Marine Power to its huge collection of research reports.

This report presents the worldwide Marine Power (Wave and Tidal) market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Marine energy or marine power (also sometimes referred to as ocean energy, ocean power, or marine and hydrokinetic energy) refers to the energy carried by ocean waves, tides, salinity, and ocean temperature differences. The movement of water in the worlds oceans creates a vast store of kinetic energy, or energy in motion. This energy can be harnessed to generate electricity to power homes, transport and industries.

The year 2015 represented a significant milestone for the sector from a policy standpoint, with the publication of the Blue Energy Communication, the establishment of the Ocean Energy Forum and the European Technology and Innovation Platform for Ocean Energy (TIP). The announcement of the awards for the second NER 300 call has seen the number of ocean energy arrays expected to be deployed in European waters by 2018 or earlier rising to five. On the other hand, forecasts of expected ocean energy capacity by 2020 have been further reduced, due to the slow technological progress of the sector and difficulties in attracting funds and financing. The slow growth of the sector and delays in the formation of the market have forced key developers and OEMs to either downsize or withdraw their interest in developing ocean energy technology.

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The ocean energy market is still in its infancy, and whilst foundations for its growth have been put in place, the sector seeks to further prove the reliability of its technology moving towards demonstration of pre-commercial arrays. A number of key developments have been seen in 2014 to ensure the establishment of ocean energy markets in Europe and worldwide, including:
About 30 tidal and 45 wave energy companies are currently at an advanced stage of technological development, with a number of technologies nearing pre-commercial array demonstration and others deploying full-scale prototypes in real-sea environments.

Europe could see up to 40 MW of tidal installed capacity by 2018, and 26 MW of wave energy capacity, if proposed and awarded projects go ahead and reach financial close.

The deployment of the first tidal energy array is expected for 2016 in the UK, with MeyGen becoming the first ocean energy project to reach financial close. The tidal sector has seen an increased participation of OEMs in the development of technology and in promoting tidal farms across Europe; however, the costs and reliability of technologies will be paramount in assuring further developments. The development of second- and third-generation tidal technologies is opening up possibilities for cost reduction as well as deployments in low-energy-density water.

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The development of wave energy technologies is lagging behind that of tidal energy. However, deployment projects are currently taking place in Europe, the US and Australia. The sector is, however, seeing intensified collaboration to identify common PTO solutions.
OTEC and salinity gradient technologies are developing demonstration plants. A 10 MW OTEC plant has been awarded funds through NER 300, whilst a 50 kW salinity gradient pilot-plant began operation in the Netherlands.

The Marine Power (Wave and Tidal) market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Marine Power (Wave and Tidal).

The following manufacturers are covered in this report:
Wello Oy
Pulse Tidal
Oceanlinx
Marine Current Turbines (MCT)
ORPC
OpenHydro
BioPower Systems
AWS Ocean Energy
Voith Hydro
Ocean Power Technologies
...

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The study objectives are:

To analyze and research the global Marine Power (Wave and Tidal) status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Marine Power (Wave and Tidal) manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Table of Contents

1 Study Coverage
1.1 Marine Power (Wave and Tidal) Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Marine Power (Wave and Tidal) Market Size Growth Rate by Type
1.4.2 Wave Power
1.4.3 Tidal Power
1.5 Market by Application
1.5.1 Global Marine Power (Wave and Tidal) Market Size Growth Rate by Application
1.5.2 Industrial Applications
1.5.3 Commercial Applications
1.5.4 Others
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Marine Power (Wave and Tidal) Market Size
2.1.1 Global Marine Power (Wave and Tidal) Revenue 2013-2025
2.1.2 Global Marine Power (Wave and Tidal) Production 2013-2025
2.2 Marine Power (Wave and Tidal) Growth Rate (CAGR) 2018-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Marine Power (Wave and Tidal) Manufacturers
2.3.2.1 Marine Power (Wave and Tidal) Manufacturing Base Distribution, Headquarters
...

List of Tables and Figures

Figure Marine Power (Wave and Tidal) Product Picture
Table Marine Power (Wave and Tidal) Key Market Segments in This Study
Table Key Manufacturers Marine Power (Wave and Tidal) Covered in This Study
Table Global Marine Power (Wave and Tidal) Market Size Growth Rate by Type 2018-2025 (MW) & (Million US$)
Figure Global Marine Power (Wave and Tidal) Production Market Share 2013-2025
Figure Wave Power Product Picture
Table Major Manufacturers of Wave Power
Figure Tidal Power Product Picture
Table Major Manufacturers of Tidal Power
Table Global Marine Power (Wave and Tidal) Market Size Growth Rate by Application 2018-2025 (MW)
Figure Industrial Applications
Figure Commercial Applications
Figure Others
Figure Marine Power (Wave and Tidal) Report Years Considered
Figure Global Marine Power (Wave and Tidal) Revenue 2013-2025 (Million US$)
Figure Global Marine Power (Wave and Tidal) Production 2013-2025 (MW)
...

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