Press release
Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth By 2024
Wave and Tidal Energy Market
The global wave and tidal energy market size was US$ 487.7 million in 2014 and is expected to reach more than US$ 11,365.0 million by 2024, registering a compound annual growth rate (CAGR) of 23% during the forecast period. Conventional and regular resource of renewable energy, developing large project phases in a small area providing scalability, generating power for remote locations, cost efficiency, and strong government policy structure and incentive schemes are factors that are expected to drive the market. However, high capital investments and lack of funding channels and lack of commercial deployment of projects due to low technology maturity are hindering the growth of the market.
You Can Browse Full Report: https://www.marketresearchengine.com/reportdetails/wave-and-tidal-energy-market
In this report, the global wave and tidal energy market is segmented by type and region. The market on the basis of type is segmented into wave energy and tidal energy. The global wave and tidal energy market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional wave and tidal energy market and analyzes the variations in the growth of the industry in certain regions.
Wave Power Ltd., Carnegie Wave Energy Ltd., Ocean Power Technologies, Inc., Ocean Renewable Power Company LLC, Tenax Energy, AquaGen Technologies, Atlantis Resources Ltd., S.D.E. Energy Ltd. (WERPO Wave Energy), Marine Current Turbines Ltd., and Aquamarine Power Ltd. are the most active players in the wave and tidal energy market.
This report covers the wave and tidal energy market, in terms of value, and forecasts the market size till 2024. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global wave and tidal energy market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.
The deep-dive study on the wave and tidal energy market will help customers with the identification of new market opportunities and targeted promotional plans. The report provides global market trends, with data from 2013, estimates for 2014 and 2015, and projections of CAGRs through 2024. A glimpse of the report structure is provided in the report description available on the website.
Request Sample Report: https://www.marketresearchengine.com/reportdetails/wave-and-tidal-energy-market
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Market Research Engine (MRE) is a next-generation provider of syndicated research, customized research, and consulting services. MRE’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each Market Research Engine’s research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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