Press release
Wave Energy Converter Market Projected to Reach $28 Million by 2030
The global Wave Energy Converter Market is projected to grow from USD 20 million in 2022 to USD 28 million by 2030, at a CAGR of 4.3% during the forecast period.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=217091216
The offshore segment is expected to be the fastest growing Wave Energy Converter Market
The Wave Energy Converter Market, by location, is divided into shoreline, nearshore and offshore, wherein the offshore segment accounts for the largest share. The offshore segment is also expected to grow the fastest during the forecast period, owing to the vast installations of wave energy converters happening in various countries near shore for research and development purposes. The installations are mostly happening in the European region.
The oscillating water column segment is expected to dominate the Wave Energy Converter Market
The oscillating water column segment holds the largest share of the Wave Energy Converter Market. The high market share can be attributed to the characteristics of the technology which is its high efficiency and ease of installation.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=217091216
Europe region is the fastest-growing Wave Energy Converter Market
In this report, the Wave Energy Converter Market has been analyzed for four regions, namely, North America, Europe, Asia Pacific, and ROW. Europe is a significant contributor to the Wave Energy Converter Market in the current scenario owing to the rapid industrialization of various end-use industries in countries such as UK, Portugal, Denmark and France.
Some of the key players i the Wave Energy Converter Market include Ocean Power Technologies (US), Eco Wave Power (Israel), CorPower Ocean (Sweden), Wello Oy (Finland) and CalWave (US).
Content Source: https://www.marketsandmarkets.com/PressReleases/wave-energy.asp
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: newsletter@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wave Energy Converter Market Projected to Reach $28 Million by 2030 here
News-ID: 3027211 • Views: …
More Releases from MarketsandMarkets
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Wave
Wave Energy Converters Market Next Big Thing | Marine Power Systems, Eco Wave Po …
Advance Market Analytics published a new research publication on "Global Wave Energy Converters Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Wave Energy Converters market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample…
Wave Energy Market - Major Technology Giants in Buzz Again | OceanEnergy, SINN P …
The latest study released on the Global Wave Energy Market by AMA Research evaluates market size, trend, and forecast to 2027. The Wave Energy Market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in…
Wave Sound Pro 2.0 Reviews: Important Update About Wave Sound Pro
For anyone who travels regularly or enjoys banging their head to the music, wireless headphones are a must-have. The days of tangled cords and clunky headphones are long gone; today, we have wireless earbuds that connect to your smart device quickly and without sacrificing music quality.
The situation is made worse by the fact that there are so many earphones on the market that it's impossible to discern which ones are…
Wave Power Generation Equipments Market 2021 Status and Growth Outlook - Pelamis …
The "Wave Power Generation Equipments" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Wave Power Generation Equipments Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles,…
Wave Energy Market Foreseen to Grow Exponentially by 2028 - AWS Ocean Energy, Ec …
Worldwide Wave Energy Market Analysis to 2028 is a specialized and in-depth study of the Wave Energy Industry with a focus on the global market trend. The report aims to provide an overview of global Wave Energy Market with detailed market segmentation by product/application and geography. The global Wave Energy Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Global Wave and Tidal Energy Market 2020 Business Strategies – Marine Current …
The Zion Market Research added a new report “Wave and Tidal Energy Market by Type (Tidal Energy, Wave Energy) by Technology (Tidal Steam Generator, Pendulor Device, Oscillating Water Columns, Barrage, Others), and by End-User (Residential, Commercial, Industrial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 - 2024” in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints,…
