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Energy & Power Global Ocean Energy Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029

  • RnM4570016
    • |
  • 08 December, 2023
    • |
  • Global
    • |
  • 128 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Energy & Power

According to our (Global Info Research) latest study, the global Ocean Energy Technology market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.
Ocean energy technology refers to the various methods and technologies used to harness energy from the world's oceans. It's a renewable energy source that takes advantage of the energy contained in the movement of ocean waters, such as waves, tides, ocean currents, and temperature differentials. There are several key forms of ocean energy technology:
Wave Energy: Wave energy technology captures the kinetic energy generated by the motion of ocean waves. It typically involves the use of buoys, oscillating water columns, or other devices that move with the waves, driving a generator to produce electricity.
Tidal Energy: Tidal energy is harnessed from the rise and fall of ocean tides. Tidal energy technologies include tidal stream systems that use underwater turbines to capture the kinetic energy of flowing water, as well as tidal range systems that employ dams or barrages to create energy as water flows in and out of a tidal basin.
Ocean Thermal Energy Conversion (OTEC): OTEC technology relies on the temperature difference between the warm surface waters and cold deep waters in the ocean. Heat exchangers and working fluids are used to generate power through a heat engine.
Salinity Gradient Power: Salinity gradient power, also known as blue energy, is generated from the difference in salt concentration between fresh river water and salty seawater. This technology typically employs membranes or pressure retarded osmosis (PRO) processes to create electricity.
Ocean energy technology has several advantages, including its predictability, high energy density, and minimal environmental impact when compared to fossil fuels. However, it also faces challenges such as high upfront costs, potential environmental impacts on marine ecosystems, and the need for infrastructure in harsh ocean environments.
Despite the challenges, ongoing research and development aim to make ocean energy a more viable and sustainable source of renewable energy, contributing to a diversified and cleaner energy mix.
The Global Info Research report includes an overview of the development of the Ocean Energy Technology industry chain, the market status of Electricity Generation (Wave Energy Technology, Tidal Energy Technology), Off-Grid Power Supply (Wave Energy Technology, Tidal Energy Technology), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Ocean Energy Technology.
Regionally, the report analyzes the Ocean Energy Technology markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Ocean Energy Technology market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Ocean Energy Technology market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Ocean Energy Technology industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Wave Energy Technology, Tidal Energy Technology).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Ocean Energy Technology market.
Regional Analysis: The report involves examining the Ocean Energy Technology market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Ocean Energy Technology market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Ocean Energy Technology:
Company Analysis: Report covers individual Ocean Energy Technology players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Ocean Energy Technology This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Electricity Generation, Off-Grid Power Supply).
Technology Analysis: Report covers specific technologies relevant to Ocean Energy Technology. It assesses the current state, advancements, and potential future developments in Ocean Energy Technology areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Ocean Energy Technology market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Ocean Energy Technology market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Wave Energy Technology
Tidal Energy Technology
Ocean Thermal Energy Conversion (OTEC) Technology
Salinity Gradient Power Technology
Market segment by Application
Electricity Generation
Off-Grid Power Supply
Emergency Power
Market segment by players, this report covers
Ocean Renewable Power Company (ORPC)
Carnegie Clean Energy
Nova Innovation
Minesto
Naval Energies
EMEC (European Marine Energy Centre)
Ocean Energy Europe
Wello
AW-Energy
SIMEC Atlantis Energy
Eco Wave Power
SCHOTTEL
Sabella
NEMOS
Marine Power Systems (MPS)
CorPower Ocean
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Ocean Energy Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Ocean Energy Technology, with revenue, gross margin and global market share of Ocean Energy Technology from 2018 to 2023.
Chapter 3, the Ocean Energy Technology competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Ocean Energy Technology market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Ocean Energy Technology.
Chapter 13, to describe Ocean Energy Technology research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Ocean Energy Technology
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Ocean Energy Technology by Type
    • 1.3.1 Overview: Global Ocean Energy Technology Market Size by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Global Ocean Energy Technology Consumption Value Market Share by Type in 2022
    • 1.3.3 Wave Energy Technology
    • 1.3.4 Tidal Energy Technology
    • 1.3.5 Ocean Thermal Energy Conversion (OTEC) Technology
    • 1.3.6 Salinity Gradient Power Technology
  • 1.4 Global Ocean Energy Technology Market by Application
    • 1.4.1 Overview: Global Ocean Energy Technology Market Size by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Electricity Generation
    • 1.4.3 Off-Grid Power Supply
    • 1.4.4 Emergency Power
  • 1.5 Global Ocean Energy Technology Market Size & Forecast
  • 1.6 Global Ocean Energy Technology Market Size and Forecast by Region
    • 1.6.1 Global Ocean Energy Technology Market Size by Region: 2018 VS 2022 VS 2029
    • 1.6.2 Global Ocean Energy Technology Market Size by Region, (2018-2029)
    • 1.6.3 North America Ocean Energy Technology Market Size and Prospect (2018-2029)
    • 1.6.4 Europe Ocean Energy Technology Market Size and Prospect (2018-2029)
    • 1.6.5 Asia-Pacific Ocean Energy Technology Market Size and Prospect (2018-2029)
    • 1.6.6 South America Ocean Energy Technology Market Size and Prospect (2018-2029)
    • 1.6.7 Middle East and Africa Ocean Energy Technology Market Size and Prospect (2018-2029)

2 Company Profiles

  • 2.1 Ocean Renewable Power Company (ORPC)
    • 2.1.1 Ocean Renewable Power Company (ORPC) Details
    • 2.1.2 Ocean Renewable Power Company (ORPC) Major Business
    • 2.1.3 Ocean Renewable Power Company (ORPC) Ocean Energy Technology Product and Solutions
    • 2.1.4 Ocean Renewable Power Company (ORPC) Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 Ocean Renewable Power Company (ORPC) Recent Developments and Future Plans
  • 2.2 Carnegie Clean Energy
    • 2.2.1 Carnegie Clean Energy Details
    • 2.2.2 Carnegie Clean Energy Major Business
    • 2.2.3 Carnegie Clean Energy Ocean Energy Technology Product and Solutions
    • 2.2.4 Carnegie Clean Energy Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Carnegie Clean Energy Recent Developments and Future Plans
  • 2.3 Nova Innovation
    • 2.3.1 Nova Innovation Details
    • 2.3.2 Nova Innovation Major Business
    • 2.3.3 Nova Innovation Ocean Energy Technology Product and Solutions
    • 2.3.4 Nova Innovation Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Nova Innovation Recent Developments and Future Plans
  • 2.4 Minesto
    • 2.4.1 Minesto Details
    • 2.4.2 Minesto Major Business
    • 2.4.3 Minesto Ocean Energy Technology Product and Solutions
    • 2.4.4 Minesto Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Minesto Recent Developments and Future Plans
  • 2.5 Naval Energies
    • 2.5.1 Naval Energies Details
    • 2.5.2 Naval Energies Major Business
    • 2.5.3 Naval Energies Ocean Energy Technology Product and Solutions
    • 2.5.4 Naval Energies Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Naval Energies Recent Developments and Future Plans
  • 2.6 EMEC (European Marine Energy Centre)
    • 2.6.1 EMEC (European Marine Energy Centre) Details
    • 2.6.2 EMEC (European Marine Energy Centre) Major Business
    • 2.6.3 EMEC (European Marine Energy Centre) Ocean Energy Technology Product and Solutions
    • 2.6.4 EMEC (European Marine Energy Centre) Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 EMEC (European Marine Energy Centre) Recent Developments and Future Plans
  • 2.7 Ocean Energy Europe
    • 2.7.1 Ocean Energy Europe Details
    • 2.7.2 Ocean Energy Europe Major Business
    • 2.7.3 Ocean Energy Europe Ocean Energy Technology Product and Solutions
    • 2.7.4 Ocean Energy Europe Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Ocean Energy Europe Recent Developments and Future Plans
  • 2.8 Wello
    • 2.8.1 Wello Details
    • 2.8.2 Wello Major Business
    • 2.8.3 Wello Ocean Energy Technology Product and Solutions
    • 2.8.4 Wello Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Wello Recent Developments and Future Plans
  • 2.9 AW-Energy
    • 2.9.1 AW-Energy Details
    • 2.9.2 AW-Energy Major Business
    • 2.9.3 AW-Energy Ocean Energy Technology Product and Solutions
    • 2.9.4 AW-Energy Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 AW-Energy Recent Developments and Future Plans
  • 2.10 SIMEC Atlantis Energy
    • 2.10.1 SIMEC Atlantis Energy Details
    • 2.10.2 SIMEC Atlantis Energy Major Business
    • 2.10.3 SIMEC Atlantis Energy Ocean Energy Technology Product and Solutions
    • 2.10.4 SIMEC Atlantis Energy Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 SIMEC Atlantis Energy Recent Developments and Future Plans
  • 2.11 Eco Wave Power
    • 2.11.1 Eco Wave Power Details
    • 2.11.2 Eco Wave Power Major Business
    • 2.11.3 Eco Wave Power Ocean Energy Technology Product and Solutions
    • 2.11.4 Eco Wave Power Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Eco Wave Power Recent Developments and Future Plans
  • 2.12 SCHOTTEL
    • 2.12.1 SCHOTTEL Details
    • 2.12.2 SCHOTTEL Major Business
    • 2.12.3 SCHOTTEL Ocean Energy Technology Product and Solutions
    • 2.12.4 SCHOTTEL Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 SCHOTTEL Recent Developments and Future Plans
  • 2.13 Sabella
    • 2.13.1 Sabella Details
    • 2.13.2 Sabella Major Business
    • 2.13.3 Sabella Ocean Energy Technology Product and Solutions
    • 2.13.4 Sabella Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Sabella Recent Developments and Future Plans
  • 2.14 NEMOS
    • 2.14.1 NEMOS Details
    • 2.14.2 NEMOS Major Business
    • 2.14.3 NEMOS Ocean Energy Technology Product and Solutions
    • 2.14.4 NEMOS Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 NEMOS Recent Developments and Future Plans
  • 2.15 Marine Power Systems (MPS)
    • 2.15.1 Marine Power Systems (MPS) Details
    • 2.15.2 Marine Power Systems (MPS) Major Business
    • 2.15.3 Marine Power Systems (MPS) Ocean Energy Technology Product and Solutions
    • 2.15.4 Marine Power Systems (MPS) Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Marine Power Systems (MPS) Recent Developments and Future Plans
  • 2.16 CorPower Ocean
    • 2.16.1 CorPower Ocean Details
    • 2.16.2 CorPower Ocean Major Business
    • 2.16.3 CorPower Ocean Ocean Energy Technology Product and Solutions
    • 2.16.4 CorPower Ocean Ocean Energy Technology Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 CorPower Ocean Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Ocean Energy Technology Revenue and Share by Players (2018-2023)
  • 3.2 Market Share Analysis (2022)
    • 3.2.1 Market Share of Ocean Energy Technology by Company Revenue
    • 3.2.2 Top 3 Ocean Energy Technology Players Market Share in 2022
    • 3.2.3 Top 6 Ocean Energy Technology Players Market Share in 2022
  • 3.3 Ocean Energy Technology Market: Overall Company Footprint Analysis
    • 3.3.1 Ocean Energy Technology Market: Region Footprint
    • 3.3.2 Ocean Energy Technology Market: Company Product Type Footprint
    • 3.3.3 Ocean Energy Technology Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Ocean Energy Technology Consumption Value and Market Share by Type (2018-2023)
  • 4.2 Global Ocean Energy Technology Market Forecast by Type (2024-2029)

5 Market Size Segment by Application

  • 5.1 Global Ocean Energy Technology Consumption Value Market Share by Application (2018-2023)
  • 5.2 Global Ocean Energy Technology Market Forecast by Application (2024-2029)

6 North America

  • 6.1 North America Ocean Energy Technology Consumption Value by Type (2018-2029)
  • 6.2 North America Ocean Energy Technology Consumption Value by Application (2018-2029)
  • 6.3 North America Ocean Energy Technology Market Size by Country
    • 6.3.1 North America Ocean Energy Technology Consumption Value by Country (2018-2029)
    • 6.3.2 United States Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 6.3.3 Canada Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 6.3.4 Mexico Ocean Energy Technology Market Size and Forecast (2018-2029)

7 Europe

  • 7.1 Europe Ocean Energy Technology Consumption Value by Type (2018-2029)
  • 7.2 Europe Ocean Energy Technology Consumption Value by Application (2018-2029)
  • 7.3 Europe Ocean Energy Technology Market Size by Country
    • 7.3.1 Europe Ocean Energy Technology Consumption Value by Country (2018-2029)
    • 7.3.2 Germany Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 7.3.3 France Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 7.3.4 United Kingdom Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 7.3.5 Russia Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 7.3.6 Italy Ocean Energy Technology Market Size and Forecast (2018-2029)

8 Asia-Pacific

  • 8.1 Asia-Pacific Ocean Energy Technology Consumption Value by Type (2018-2029)
  • 8.2 Asia-Pacific Ocean Energy Technology Consumption Value by Application (2018-2029)
  • 8.3 Asia-Pacific Ocean Energy Technology Market Size by Region
    • 8.3.1 Asia-Pacific Ocean Energy Technology Consumption Value by Region (2018-2029)
    • 8.3.2 China Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 8.3.3 Japan Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 8.3.4 South Korea Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 8.3.5 India Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 8.3.6 Southeast Asia Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 8.3.7 Australia Ocean Energy Technology Market Size and Forecast (2018-2029)

9 South America

  • 9.1 South America Ocean Energy Technology Consumption Value by Type (2018-2029)
  • 9.2 South America Ocean Energy Technology Consumption Value by Application (2018-2029)
  • 9.3 South America Ocean Energy Technology Market Size by Country
    • 9.3.1 South America Ocean Energy Technology Consumption Value by Country (2018-2029)
    • 9.3.2 Brazil Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 9.3.3 Argentina Ocean Energy Technology Market Size and Forecast (2018-2029)

10 Middle East & Africa

  • 10.1 Middle East & Africa Ocean Energy Technology Consumption Value by Type (2018-2029)
  • 10.2 Middle East & Africa Ocean Energy Technology Consumption Value by Application (2018-2029)
  • 10.3 Middle East & Africa Ocean Energy Technology Market Size by Country
    • 10.3.1 Middle East & Africa Ocean Energy Technology Consumption Value by Country (2018-2029)
    • 10.3.2 Turkey Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 10.3.3 Saudi Arabia Ocean Energy Technology Market Size and Forecast (2018-2029)
    • 10.3.4 UAE Ocean Energy Technology Market Size and Forecast (2018-2029)

11 Market Dynamics

  • 11.1 Ocean Energy Technology Market Drivers
  • 11.2 Ocean Energy Technology Market Restraints
  • 11.3 Ocean Energy Technology Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Ocean Energy Technology Industry Chain
  • 12.2 Ocean Energy Technology Upstream Analysis
  • 12.3 Ocean Energy Technology Midstream Analysis
  • 12.4 Ocean Energy Technology Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Ocean Energy Technology. Industry analysis & Market Report on Ocean Energy Technology is a syndicated market report, published as Global Ocean Energy Technology Market 2023 by Company, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Ocean Energy Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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