mrr pvt. Ltd.

Marine (Wave and tidal) Renewable Energy - Technology Advancement and Development, Great Need, Evolving Trends & Key Insights, Survey Report, Positive Long-Term Growth Outlook to 2024

Press Release   •   Feb 07, 2017 13:04 IST

Wave and tidal energy are methods of harnessing energy of oceans for power generation. Countries around the world are increasingly looking to utilize these forms of renewable energy as they provide a constant and steady source of clean energy. Currently, technology development and commercial deployment of projects are in a nascent stage. The technology development is still in the initial phase for both wave and tidal energy. Major developments in wave and tidal stream plants are expected to take place in Europe. Wave and tidal stream technologies have significant potential of reaping benefits of economies of scale. 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) estimated by studying the possible future technology trends in the market. Global Wave and Tidal Energy Market to reach US$ 11.3 Bn in 2024

Key players are 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.

Report Analysis And Sample Copy:

Geography analysis: North America, Europe, Asia Pacific and Rest of the World.