2. FOCUS ON SELECT PLAYERS
- World Brands
- Competition
- Ocean Energy: A Highly Fragmented Market
- Total Number of Patents Filed for Marine Energy Technology Worldwide for the Years 2000, 2005, 2010, 2015 & 2016
- Recent Industry Activity
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
3. MARKET TRENDS AND DRIVERS
- Growing Number of Wave Energy Projects Worldwide Drives Strong Market Growth
- Select Wave Power Stations Worldwide
- Tidal Energy Gains Momentum
- MeyGen: A Multi-Turbine Tidal Stream Project in Scotland
- Tidal Energy Projects Worldwide
- Select Tidal Projects (Existing & Proposed) Worldwide
- Tidal Stream Projects Lends Traction to Market Growth
- Ocean Thermal Energy Conversion (OTEC) - A Niche Segment
- OTEC Project on the South Pacific Ocean
- Select FOWT Projects Worldwide: Project Proponent, Technology, Location, Capacity (MW) and Scheduled Completion
- Rising Investments in Renewable Energy Sources Benefit Market Expansion
- Superior Attributes of Tidal Energy Attract New Developers, Benefits Market Adoption
- Horizontal Axis Turbines Grab Lion’s Share of Tidal Energy Devices
- Tidal Energy: Abundant Resources despite Technology Barriers
- Despite Dominance of Tidal Energy, Wave Energy Garner Growing Attention and Investments
- Small Islands Provide Big Push for Ocean Thermal Energy Conversion Plants
- Wave Energy Sector Sees a Wave of Innovations
- Technology Developments to Harness Salt Power
- Burgeoning Global Population Propels Demand for Electric Power
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Key Challenges Hampering Ocean Energy Development
- Financial Support and Markets
- Administrative and Environmental Issues
- Environmental Challenges
- Administrative Issues
- Social Acceptance Impediments
- Availability of Grid Close to Projects
- Grid Integration
- Technology Advancements
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Geographic Region - USA, Canada, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2020 through 2027 and % CAGR
TABLE 2: World Historic Review for Ocean Energy (Tidal Stream and Wave) by Geographic Region - USA, Canada, Japan, China, Europe and Rest of World Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
TABLE 3: World 10-Year Perspective for Ocean Energy (Tidal Stream and Wave) by Geographic Region - Percentage Breakdown of Volume Capacity Additions for USA, Canada, Japan, China, Europe and Rest of World Markets for Years 2017, 2021 & 2027
UNITED STATES
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
- Vast Shoreline and Favorable Regulations Drive Strong Market Growth
- Wave Power Projects in the US
- Federal Government Funding in Ocean Energy
- Early Stage Device Design Research Projects
- Open Sea Test Sites in the US
- Hawaii Powering the US Ocean Energy Market
- Wave Energy
- Ocean Thermal Energy
TABLE 4: USA Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 5: USA Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
CANADA
- Major Tidal Stream and Wave Energy Projects in Canada: Project Proponent, Technology, Location, Capacity (MW) and Launch Year
- Investments in Tidal Power Increase in Canada
- Challenges Faced
- Canadian Open Sea Test Sites
TABLE 6: Canada Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 7: Canada Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
JAPAN
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
- Japan Offers Significant Opportunities in Marine Energy Generation
- Development of Ocean Energy Gains Traction in Japan Following the Natural Disaster
TABLE 8: Japan Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 9: Japan Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
CHINA
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
- A New Wave Energy Turbine Commissioned on the Coast Close to Wuhan City in China
- Ocean Energy Projects in China
- Chinese Open Sea Test Sites
- Technology Advancements in Tidal Power Harnessing
TABLE 10: China Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 11: China Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
EUROPE
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
- Myriad Benefits of Ocean Energy Promote Sustainable Energy Development
- Europe Moves Ahead to Tap Tidal and Wave Energy
- Mitigates Carbon Emissions and Climate Change
- Supports Grid Stability and Lowers Systems Cost
- Benefits Associated Sectors
- Reduces Dependence on Diesel Generation
TABLE 12: Europe Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Geographic Region - France, UK, Portugal and Rest of Europe Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2020 through 2027 and % CAGR
TABLE 13: Europe Historic Review for Ocean Energy (Tidal Stream and Wave) by Geographic Region - France, UK, Portugal and Rest of Europe Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
TABLE 14: Europe 10-Year Perspective for Ocean Energy (Tidal Stream and Wave) by Geographic Region - Percentage Breakdown of Volume Capacity Additions for France, UK, Portugal and Rest of Europe Markets for Years 2017, 2021 & 2027
FRANCE
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
- French Open Sea Test Sites
TABLE 15: France Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 16: France Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
UNITED KINGDOM
- Ocean Energy (Tidal Stream and Wave) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
- UK Open Sea Test Sites
- Major Challenges to Surmount for the UK Ocean Energy Market
- Commercialization
- Reduced Production Costs
- Stability and Continuity in Policies
- Contracts for Difference
- Select Projects
TABLE 17: UK Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 18: UK Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
TABLE 19: Portugal Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 20: Portugal Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
REST OF EUROPE
- Portugal
- Open Sea Sites
- Spain Open Sea Test Sites
- Ireland Open Sea Test Sites
- Sweden Open Sea Test Sites
- Denmark Open Sea Test Sites
- Belgium Open Sea Test Sites
TABLE 21: Rest of Europe Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 22: Rest of Europe Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR
REST OF WORLD
- Asia-Pacific
- Australia
- India
- South Korea
TABLE 23: Rest of World Recent Past, Current & Future Analysis for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy - Independent Analysis of Annual Capacity Additions in Kilowatts for the Years 2020 through 2027 and % CAGR
TABLE 24: Rest of World Historic Review for Ocean Energy (Tidal Stream and Wave) by Segment - Ocean Energy Markets - Independent Analysis of Annual Capacity Additions in Kilowatts for Years 2017 through 2019 and % CAGR