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"The Latest Research Report Wave and Tidal Energy Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

Wave and tidal energy are methods of harnessing energy of oceans for power generation. Countries across the world are increasingly looking to utilize these forms of renewable energy as these provide a constant and steady source of clean energy. Abundance of ocean surface and significant potential of energy generation in several nations has induced governments to pursue ocean energy generation as an important part of their future renewable energy mix. Venture capital funding and government grant schemes are the vital aspects of this sector. Currently, technology development and commercial deployment of projects are in a nascent stage.

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This research is designed to estimate, analyze, and forecast the market volume and revenue for the wind and tidal power generation market. It provides an in-depth analysis of the market size of wave and tidal power in terms of volume (installed capacity) and revenue (investments in the sector for adding capacity). The report analyzes the wave and tidal energy sector in detail along with deep dive research spanning three regions and eight countries. It provides detailed analysis, historical data, and statistically refined forecast for wave and tidal energy plants regionally. Country wise markets for wave, tidal, or both forms of energy have been provided individually, depending upon the investment sentiment in the respective economies. The company market share in the sector for both wave and tidal energy plants has been provided separately for 2014.

The market size for wave and tidal power generation has been estimated by studying the possible future technology trends in the market. Detailed research of countries and region-specific wave and tidal energy associations has been undertaken to estimate and forecast the installed capacity and investments in the wave and tidal energy sector. Regionally, the market has been segmented into North America, Europe, Asia Pacific, and Rest of the World. An important aspect of this report is the upcoming project details for both wave and tidal energy. This provides a clear idea of country wise projects planned and the tentative timeline by which the industry would achieve commercial deployment of its technologies.

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Wave and tidal power plant technologies are likely to experience significant changes in terms of individual market share from 2014 to 2024. The technology development is still in the initial phase for both wave and tidal energy. This leaves ample scope for new players to enter the market by introducing new and advanced technologies. Detailed cost breakdown analysis of wave and tidal energy plants has been provided in the study. Cost projections of individual cost components have been done for the forecast period, supported by qualitative analysis. Major players in the wave and tidal energy business have been profiled in the study to identify market penetration strategies and winning imperatives for them.

Key players in the global wave and tidal energy market include Pelamis 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. The report provides an overview of these companies, followed by their financial revenues (on availability), business strategies, SWOT analysis, and recent developments. The global wave and tidal energy market has been segmented as follows:

Wave and Tidal Energy Market: Type analysis

Wave energy

Tidal energy

Wave and Tidal Energy Market: Geography analysis

North America

U.S.

Canada

Mexico

Europe

U.K.

Scotland

France

Norway

Russia

Others

Asia Pacific

South Korea

Australia

China

Others

Rest of the World

South Africa

Ghana

Others

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Table of Content

Chapter 1Preface

1.1 REPORT DESCRIPTION

1.2 RESEARCH SCOPE

1.3 MARKET SEGMENTATION

1.4 RESEARCH METHODOLOGY

Chapter 2Executive Summary

Chapter 3Market Overview

3.1 INTRODUCTION

3.2 VALUE CHAIN ANALYSIS

3.3 MARKET DRIVERS

3.3.1 PREDICTABLE AND CONSTANT SOURCE OF RENEWABLE ENERGY

3.3.2 SCALABILITY WITHIN A SMALL AREA ALLOWING LARGE PROJECT DEVELOPMENT IN PHASES

3.3.3 GENERATION OF POWER FOR REMOTE LOCATIONS WHERE DRAWING GRID CONNECTIONS ARE NOT COST EFFECTIVE OR FEASIBLE

3.3.4 STRONG GOVERNMENT POLICY FRAMEWORK AND INCENTIVE SCHEMES

3.4 MARKET RESTRAINTS

3.4.1 HIGH CAPITAL INVESTMENTS AND LACK OF FUNDING CHANNELS

3.4.2 LACK OF COMMERCIAL DEPLOYMENT OF PROJECTS DUE TO LOW TECHNOLOGY MATURITY

3.5 MARKET OPPORTUNITIES

3.5.1 MASSIVE COST REDUCTION OPPORTUNITIES THROUGH TECHNOLOGICAL INNOVATIONS AND CAPACITY UP-SCALING

3.6 PORTER’S FIVE FORCES ANALYSIS

3.6.1 BARGAINING POWER OF SUPPLIERS

3.6.2 BARGAINING POWER OF BUYERS

3.6.3 THREAT FROM NEW ENTRANTS

3.6.4 DEGREE OF COMPETITION

3.6.5 THREAT FROM SUBSTITUTES

3.7 WAVE AND TIDAL ENERGY: LIFETIME PLANT COST ANALYSIS

3.7.1 WAVE ENERGY GENERATION

3.7.1.1 Global Wave Energy generation cost reduction opportunities, By cost type

3.7.1.2 Global Wave Energy generation lifetime plant cost breakdown and forecast, by cost type, 2014 – 2024, (Mn US$/MW)

3.7.2 TIDAL ENERGY GENERATION

3.7.2.1 Global Tidal Energy generation cost reduction opportunities, By cost type

3.7.2.2 Global Tidal Energy generation lifetime plant cost breakdown and forecast, by cost type, 2014 – 2024, (Mn US$/MW)

3.8 WAVE AND TIDAL ENERGY: GLOBAL REGULATORY LANDSCAPE

3.8.1.1 U.K & Scotland Wave and Tidal Energy financial incentive schemes

3.9 MARKET ATTRACTIVENESS ANALYSIS OF THE WAVE AND TIDAL ENERGY MARKET, BY REGION, 2015

3.10 COMPANY MARKET SHARE ANALYSIS

3.10.1 COMPANY MARKET SHARE ANALYSIS : TIDAL ENERGY

3.10.1.1 Tidal Energy, company market share analysis (MW), 2014

3.10.2 COMPANY MARKET SHARE ANALYSIS : WAVE ENERGY

3.10.2.1 Wave Energy, company market share analysis (MW), 2014

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