GLOBAL WAVE AND TIDAL ENERGY MARKET LIKELY TO REACH US$ 17,535.30 MN BY 2027 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

GLOBAL WAVE AND TIDAL ENERGY MARKET LIKELY TO REACH US$ 17,535.30 MN BY 2027

Description:

Biogas Market (Application - Electricity and Heat, and Vehicle Fuel) - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2019 - 2027 – PowerPoint PPT presentation

Number of Views:13
Slides: 7
Provided by: priyanka27
Category: Other

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: GLOBAL WAVE AND TIDAL ENERGY MARKET LIKELY TO REACH US$ 17,535.30 MN BY 2027


1
Global Wave and Tidal Energy Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

2
About Us
  • Transparency Market Research (TMR) is a market
    intelligence company, providing North America
    business information reports and services. Our
    exclusive blend of quantitative forecasting and
    trends analysis provides forward-looking insight
    for thousands of decision-makers. We have an
    experienced team of Analysts, Researchers, and
    Consultants, who use proprietary data sources and
    various tools and techniques to gather and
    analyze information. Our business offerings
    represent the latest and the most reliable informa
    tion indispensable for businesses to sustain a
    competitive edge.
  • Each TMR Syndicated Research report covers a
    different sectorsuch as pharmaceuticals,
    chemical, energy, food beverages,
    semiconductors, med-devices, consumer goods, and
    technology. These reports provide in-depth
    analysis and deep segmentation to possible micro
    levels. With a wider scope and stratified
    research methodology, our syndicated reports
    strive to serve clients and satisfy their overall
    research requirement.

3
Global Wave and Tidal Energy Market Key
Highlights
  • The global wave and tidal energy market stood
    at US 3,244.44 Mn in 2018 and is projected to
    touch a valuation of US 17,535.30 million by the
    end of 2027. This represents the market rising at
    a spectacular CAGR of 23.5 during the forecast
    period of 20192027.
  • Tidal Power Plant Segment Lead the Global Wave
    and Tidal Energy Market
  • The various types of energy generated can be
    broadly classified as wave and tidal. Both the
    segments are poised to rise at equally promising
    pace over the assessment period. However, tidal
    energy is expected to lead the market
    through 2027. The assortment of technologies
    brought by companies to leverage the potential of
    this type of energy will account for the
    attractive growth.
  • Europe Dominated the Global Wave and Tidal Energy
    Market
  • Of the various regional segments, Europe is
    expected to lead the pack over the forecast
    period. The growth is fueled by substantial
    efforts being made by the governments in various
    economies to support transition to low-carbon
    economy and the vast strides being taken by the
    energy sector across the region.

4
  • Companies aim for unleashing Potential of Ocean
    in generating Clean Energy boost Market
  • World over, the massive interest in harvesting
    wave and tidal energy stems from the need for
    leveraging the limitless potential of ocean in
    meeting the rising demand for sustainable energy.
  • The notable demand for next-generation
    technologies for harnessing renewable sources of
    energy at scale is a notable factor boosting the
    market.
  • Advances in wave energy converter technologies
    has enabled market players to better realize the
    potential of wave and tidal energy sources.
  • Sizeable investment being made by governments and
    private players in finding alternative sources of
    clean energy is imparting a notable momentum for
    the rapid expansion of market. A growing number
    of companies are collaborating and working in
    concert to reduce the high initial cost of
    investment by aiming at bringing down tariff
    rates.
  • To this end, industry players are embarking on
    strategies to set commercial deployment of
    projects for developing wave and tidal energies.
    The trend is expected to gather steam over the
    years and will help in propelling the growth of
    the wave and tidal energy market.

Download Brochure
View Report
5
Global Wave and Tidal Energy Market Key
Developments
  • In December 2019, Nova Innovation a Scotland
    based tidal energy company announced that the
    company had won a contract to develop an
    innovative subsea electrical connector for Wave
    Energy Scotland. The companys MECMate subsea
    connector is designed to meet the challenging
    requirements related to marine environment and
    tidal energy.
  • In October 2019, SIMEC Atlantis Energy Limited
    announced that the company has acquired the Green
    Highland Renewables project development, asset
    management, operation and maintenance business
    (GHR) from SIMEC Energy. The project has
    includes more than 65 hydro schemes, and had
    built more than 45 hydro schemes. The project
    also provides operation and maintenance services
    for more than 45 hydro schemes in the UK.
  • In September 2019, MAKO Energy Pte Ltd launched
    the MAKO Tidal Energy Site at the Sentosa
    Boardwalk in Singapore. The launch is the part of
    a collaboration agreement between Sentosa
    Development Corporation (SDC) and MAKO Energy Pte
    Ltd in December 2018.

Request For Multiple Chapters of Global wave and
tidal energy market Here
6
(No Transcript)
About PowerShow.com