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Wave Energy Converter Market by Technology (Oscillating Water Column, Oscillating Body Converter (Point Absorber, Attenuator, Oscillating Wave Surge, Submerged Pressure Differential), Overtopping Device), Location, Application, Region - Forecast to 2030

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    Report

  • 200 Pages
  • September 2022
  • Region: Global
  • Markets and Markets
  • ID: 5011806

The Offshore Segment, by Location, is Expected to be the Fastest-Growing Market from 2022 to 2030

The wave energy converter market is expected to grow from an estimated in USD 20 million in 2022 to USD 28 million by 2030, at a CAGR of 4.3% during the forecast period. The primary drivers of the market include rising demand for energy production through renewable sources accompanied by increasing investments in the renewables sector.

The power generation segment, by application, is expected to be the largest and the fastest-growing market from 2022 to 2030

The wave energy converter market, by application, is bifurcated into power generation, desalination and environmental protection. The power generation segment is expected to dominate in terms of market share and CAGR during the forecast period and this dominance can be attributed to the rising demand from various end-use industries due to rapid industrialization.

The offshore segment, by location, is expected to be the fastest-growing market from 2022 to 2030

The wave energy converter market by location is segmented into shoreline, nearshore and offshore. The offshore segment is expected to be the fastest-growing segment, followed by the nearshore segment. The high growth rate can be attributed to the increasing number of installations for the purpose of R&D across various countries.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
  • By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
  • By Region: Asia Pacific- 33%, Rest of The World - 20%, Europe - 20%, and North America - 27%

Note: Others include sales managers, marketing managers, product managers, and product engineers.

The tier of the companies is defined based on their total revenue as of 2017. Tier 1: USD 1 billion and above, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: <USD 500 million.

The wave energy converter market is dominated by a few major players that have a wide regional presence. The leading players in the wave energy converter market Ocean Power Technologies (US), Eco Wave Power (Israel), CorPower Ocean (Sweden), Wello Oy (Finland), CalWave (US) and others.

Study Coverage:

The report defines, describes, and forecasts the wave energy converter market, by reactor type, connectivity, deployment, location, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market, which include the analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the wave energy converter market.

Key Benefits of Buying the Report

1. The report identifies and addresses the key markets for wave energy converter operations and services, which would help equipment manufacturers and service providers review the growth in demand.
2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

Frequently Asked Questions about the Global Wave Energy Converter Market

What is the estimated value of the Global Wave Energy Converter Market?

The Global Wave Energy Converter Market was estimated to be valued at $20 Million in 2022.

What is the growth rate of the Global Wave Energy Converter Market?

The growth rate of the Global Wave Energy Converter Market is 4.3%, with an estimated value of $28 Million by 2030.

What is the forecasted size of the Global Wave Energy Converter Market?

The Global Wave Energy Converter Market is estimated to be worth $28 Million by 2030.

Who are the key companies in the Global Wave Energy Converter Market?

Key companies in the Global Wave Energy Converter Market include Aw, Energy Oy, Amog Consulting, Aws Ocean Energy, Arrecife Energy Systems, Accumulated Ocean Energy, Aquanet Power, Applied Technologies Company, Able Technologies, L.L.C. and Bombora Wave Power.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions and Exclusions
1.3.1 Wave Energy Converter Market, by Technology
1.3.2 Wave Energy Converter Market, by Application
1.3.3 Wave Energy Converter Market, by Location
1.4 Market Scope
1.4.1 Wave Energy Converter Market Segmentation
1.4.2 Regional Scope
1.4.3 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Wave Energy Converter Market: Research Design
2.2 Data Triangulation
Figure 2 Data Triangulation
2.2.1 Secondary Data
2.2.1.1 Key Data from Secondary Sources
2.2.2 Primary Data
2.2.2.1 Key Data from Primary Sources
Figure 3 Key Industry Insights
2.2.2.2 Breakdown of Primaries
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.3.3 Demand-Side Analysis
Figure 7 Demand-Side Calculation
Figure 8 Metrics Considered for Analyzing and Assessing Demand for Wave Energy Converters
2.3.3.1 Assumptions for Demand-Side Analysis
2.3.4 Forecast

3 Executive Summary
Table 1 Wave Energy Converter Market Snapshot
Figure 9 Oscillating Body Converters to Dominate Wave Energy Converter Market, by Technology, During Forecast Period
Figure 10 Offshore Segment to Dominate Wave Energy Converter Market, by Location, During Forecast Period
Figure 11 Power Generation to Hold Largest Size of Wave Energy Converter Market, by Application, During Forecast Period
Figure 12 Europe Dominated Wave Energy Converter Market in 2021

4 Premium Insights
4.1 Attractive Opportunities for Wave Energy Converter Market Players
Figure 13 Increasing Need for Renewable Power Generation to Drive Wave Energy Converter Market, 2022-2030
4.2 Wave Energy Converter Market, by Region
Figure 14 Europe to Witness Highest Growth Rate in Wave Energy Converter Market During Forecast Period
4.3 Wave Energy Converter Market, by Technology
Figure 15 Oscillating Body Converters Segment Dominated Wave Energy Converter Market, by Technology, in 2021
4.4 Wave Energy Converter Market, by Location
Figure 16 Offshore Segment Dominated Wave Energy Converter Market, by Location, in 2021
4.5 Wave Energy Converter Market, by Application
Figure 17 Power Generation Segment Dominated Wave Energy Converter Market, by Application, in 2021
4.6 Wave Energy Converter Market in Europe, by Application & Country
Figure 18 Power Generation & UK Dominated European Wave Energy Converter Market, by Application & Country, in 2021

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Wave Energy Converter Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rising Electricity Demand from Coastal Communities
5.2.1.2 Abundant Untapped Wave Energy Sources
Figure 20 Wave Energy Potential in European Countries
Figure 21 Wave Energy Resources (kW/M)
5.2.2 Restraints
5.2.2.1 Insufficient Infrastructure and Environmental Challenges
5.2.3 Opportunities
5.2.3.1 Increasing R&D Investments and Technological Development
5.2.4 Challenges
5.2.4.1 High Capital Investment
Figure 22 Cost Breakdown of Wave Energy Converters
5.2.4.2 Uncertainty About Environmental Regulations and Licensing Procedures
5.2.4.3 Hesitation Among Wave Energy Converter Developers to Collaborate for Technology/ Information Sharing
5.2.4.4 Lack of Connectivity to Central Grid
5.3 Impact of COVID-19
5.4 Trends/Disruptions Impacting Customers’ Businesses
Figure 23 Revenue Shift for Wave Energy Converter Providers
5.5 Supply Chain Analysis
Figure 24 Wave Energy Converter Market: Supply Chain Analysis
5.5.1 Component Manufacturers
5.5.2 Wave Energy Converter Manufacturers
5.5.3 Wave Energy Converter Support Service Providers/ Integrators
5.5.4 End-users
5.6 Ecosystem/Market Map
Table 2 Wave Energy Converter Market: Ecosystem
5.7 Technology Analysis
5.7.1 Moonwec Technology
5.7.2 Wave-To-Grid
5.7.3 Power Take-Off (Pto) Systems
Figure 25 Active Companies with Different Types of Pto Systems
5.8 Trade Analysis
5.8.1 Export Scenario
Table 3 Export Scenario for HS Code 840110, by Country, 2019-2021 (USD)
Figure 26 Export Data for Top 5 Countries, 2019-2021 (USD Thousand)
5.8.2 Import Scenario
Table 4 Import Scenario for HS Code: 280410, by Country, 2019-2021 (USD)
Figure 27 Import Data for Top 5 Countries, 2019-2021 (USD Thousand)
5.9 Patent Analysis
Table 5 Wave Energy Converters: Innovations and Patent Registrations, June 2020-August 2022
5.10 Pricing Analysis
5.10.1 Average Selling Price of Key Players, by Application
5.10.2 Average Selling Price Trend
Table 6 Capex of Wave Energy Converter Projects, by Deployment Stage
Figure 28 Capex Breakdown of Costs for Different Cost Centers
Table 7 Opex of Wave Energy Converter Projects, by Deployment Stage
5.11 Tariffs, Codes, and Regulations
Table 8 Regulatory Bodies, Government Agencies, and Other Organizations
5.12 Porter's Five Forces Analysis
Figure 29 Porter's Five Forces Analysis for Wave Energy Converter Market
Table 9 Wave Energy Converter Market: Porter's Five Forces Analysis
5.13 Case Study Analysis
5.13.1 Inwave Well Suited for Local Communities to Access Renewable and Clean Energy (2021)
5.13.1.1 Problem Statement
5.13.1.2 Solution
5.13.2 Moorpower Scaled Demonstration Project Will Provide Clean Energy (2021)
5.13.2.1 Problem Statement
5.13.2.2 Solution
5.14 Key Stakeholders and Buying Criteria
5.14.1 Key Stakeholders in Buying Process
Figure 30 Influence of Stakeholders in Buying Process, by Application
Table 10 Influence of Stakeholders in Buying Process for Top 3 Applications (%)
5.14.2 Buying Criteria
Figure 31 Key Buying Criteria of Top Applications
Table 11 Key Buying Criteria, by Application
5.15 Key Conferences and Events, 2022 & 2023
Table 12 Wave Energy Converters: Detailed List of Conferences and Events

6 Wave Energy Converter Market, by Technology
6.1 Introduction
Figure 32 Wave Energy Converter Market, by Technology, 2021
Table 13 Wave Energy Converter Market, by Technology, 2016-2019 (USD Thousand)
Table 14 Wave Energy Converter Market, by Technology, 2020-2030 (USD Thousand)
6.2 Oscillating Water Columns
6.2.1 Grid-Scale Generation Capability
Table 15 Oscillating Water Columns: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 16 Oscillating Water Columns: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.3 Oscillating Body Converters
6.3.1 Ease of Installation and High Efficiency
Table 17 Oscillating Body Converters: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 18 Oscillating Body Converters: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
Figure 33 Wave Energy Converter Market, by Oscillating Body Converter Technology, 2021
Table 19 Oscillating Body Converters: Wave Energy Converter Market, by Subtype, 2016-2019 (USD Thousand)
Table 20 Oscillating Body Converters: Wave Energy Converter Market, by Subtype, 2020-2030 (USD Thousand)
6.3.2 Point Absorbers
Table 21 Point Absorbers: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 22 Point Absorbers: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.3.3 Attenuators
Table 23 Attenuators: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 24 Attenuators: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.3.4 Oscillating Wave Surge Converters
Table 25 Oscillating Wave Surge Converters: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 26 Oscillating Wave Surge Converters: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.3.5 Submerged Pressure Differential Devices
Table 27 Submerged Pressure Differential Devices: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 28 Submerged Pressure Differential Devices: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.3.6 Bulge Wave Devices
Table 29 Bulge Wave Devices: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 30 Bulge Wave Devices: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.4 Overtopping Devices
6.4.1 Simple Construction and Ease of Operation
Table 31 Overtopping Devices: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 32 Overtopping Devices: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
6.5 Rotating Mass Converters
6.5.1 Eccentric Mass Rotating Technology and Ease of Operation
Table 33 Rotating Mass Converters: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 34 Rotating Mass Converters: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)

7 Wave Energy Converter Market, by Location
7.1 Introduction
Figure 34 Wave Energy Converter Market, by Location, 2021
Table 35 Wave Energy Converter Market, by Location, 2016-2019 (USD Thousand)
Table 36 Wave Energy Converter Market, by Location, 2020-2030 (USD Thousand)
7.2 Shoreline
7.2.1 Economic Installation and Increasing Power Demand from Coastal Population
Table 37 Shoreline: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 38 Shoreline: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
7.3 Nearshore
7.3.1 Wec Installations for Key Applications
Table 39 Nearshore: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 40 Nearshore: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
7.4 Offshore
7.4.1 Ability to Power Other Offshore Structures
Table 41 Offshore: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 42 Offshore: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)

8 Wave Energy Converter Market, by Application
8.1 Introduction
Figure 35 Wave Energy Converter Market, by Application, 2021
Table 43 Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 44 Wave Energy Converter Market: by Application, 2020-2030 (USD Thousand)
8.2 Power Generation
8.2.1 Need to Reduce Carbon Emissions Generated by Power Generation Activities
Table 45 Power Generation: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 46 Power Generation: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
8.3 Desalination
8.3.1 Ease of Desalination of Seawater by Wave Energy
Table 47 Desalination: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 48 Desalination: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
8.4 Environmental Protection
8.4.1 Need to Reduce Coastal Erosion
Table 49 Environmental Protection: Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 50 Environmental Protection: Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)

9 Wave Energy Converter Market, by Region
9.1 Introduction
Figure 36 Regional Snapshot: Market in Europe to Grow at Highest CAGR During Forecast Period
Figure 37 Europe Accounted for Largest Share of Wave Energy Converter Market in 2021
Table 51 Global Wave Energy Converter Market, by Region, 2016-2019 (kW)
Table 52 Global Wave Energy Converter Market, by Region, 2020-2030 (kW)
Table 53 Global Wave Energy Converter Market, by Region, 2016-2019 (USD Thousand)
Table 54 Global Wave Energy Converter Market, by Region, 2020-2030 (USD Thousand)
9.2 North America
Figure 38 North America: Snapshot of Wave Energy Converter Market, 2021
Figure 39 North America: Wave Energy Converter Project List
Table 55 North America: Wave Energy Converter Market, by Technology, 2016-2019 (USD Thousand)
Table 56 North America: Wave Energy Converter Market, by Technology, 2020-2030 (USD Thousand)
Table 57 North America: Wave Energy Converter Market, by Location, 2016-2019 (USD Thousand)
Table 58 North America: Wave Energy Converter Market, by Location, 2020-2030 (USD Thousand)
Table 59 North America: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 60 North America: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
Table 61 North America: Wave Energy Converter Market, by Country, 2016-2019 (kW)
Table 62 North America: Wave Energy Converter Market, by Country, 2020-2030 (kW)
Table 63 North America: Wave Energy Converter Market, by Country, 2016-2019 (USD Thousand)
Table 64 North America: Wave Energy Converter Market, by Country, 2020-2030 (USD Thousand)
9.2.1 US
9.2.1.1 Growing Power Demand from Coastal Areas
Table 65 US: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 66 US: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.2.2 Canada
9.2.2.1 Increasing R&D Activities on Wave Energy
Table 67 Canada: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 68 Canada: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.3 Europe
Figure 40 Europe: Snapshot of Wave Energy Converter Market, 2021
Figure 41 Europe: Wave Energy Converter Project List
Table 69 Europe: Wave Energy Converter Market, by Technology, 2016-2019 (USD Thousand)
Table 70 Europe: Wave Energy Converter Market, by Technology, 2020-2030 (USD Thousand)
Table 71 Europe: Wave Energy Converter Market, by Location, 2016-2019 (USD Thousand)
Table 72 Europe Wave Energy Converter Market, by Location, 2020-2030 (USD Thousand)
Table 73 Europe: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 74 Europe: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
Table 75 Europe: Wave Energy Converter Market, by Country, 2016-2019 (kW)
Table 76 Europe: Wave Energy Converter Market, by Country, 2020-2030 (kW)
Table 77 Europe: Wave Energy Converter Market, by Country, 2016-2019 (USD Thousand)
Table 78 Europe: Wave Energy Converter Market, by Country, 2020-2030 (USD Thousand)
9.3.1 UK
9.3.1.1 Strong Focus on R&D and Renewable Energy
Table 79 UK: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 80 UK: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.3.2 Portugal
9.3.2.1 Development of New Wave Energy Projects
Table 81 Portugal: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 82 Portugal: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.3.3 France
9.3.3.1 Ambitious Renewable Energy Targets
Table 83 France: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 84 France: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.3.4 Denmark
9.3.4.1 Augmented Testing of Emerging Technologies in the Renewable Energy Sector
Table 85 Denmark: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 86 Denmark: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.3.5 Rest of Europe
Table 87 Rest of Europe: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 88 Rest of Europe: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.4 Asia-Pacific
Figure 42 Asia-Pacific: Wave Energy Converter Project List
Table 89 Asia-Pacific: Wave Energy Converter Market, by Technology, 2016-2019 (USD Thousand)
Table 90 Asia-Pacific: Wave Energy Converter Market, by Technology, 2020-2030 (USD Thousand)
Table 91 Asia-Pacific: Wave Energy Converter Market, by Location, 2016-2019 (USD Thousand)
Table 92 Asia-Pacific: Wave Energy Converter Market, by Location, 2020-2030 (USD Thousand)
Table 93 Asia-Pacific: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 94 Asia-Pacific: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
Table 95 Asia-Pacific: Wave Energy Converter Market, by Country, 2016-2019 (kW)
Table 96 Asia-Pacific: Wave Energy Converter Market, by Country, 2020-2030 (kW)
Table 97 Asia-Pacific: Wave Energy Converter Market, by Country, 2016-2019 (USD Thousand)
Table 98 Asia-Pacific: Wave Energy Converter Market, by Country, 2020-2030 (USD Thousand)
9.4.1 China
9.4.1.1 Ambitious Renewables Target
Table 99 China: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 100 China: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.4.2 Australia
9.4.2.1 Growing R&D Investments in Desalination
Table 101 Australia: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 102 Australia: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.4.3 South Korea
9.4.3.1 Increasing R&D on Renewable Energy Generation
Table 103 South Korea: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 104 South Korea: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.4.4 Rest of Asia-Pacific
Table 105 Rest of Asia-Pacific: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 106 Rest of Asia-Pacific: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
9.5 RoW
Figure 43 RoW: Wave Energy Converter Project List
Table 107 RoW: Wave Energy Converter Market, by Technology, 2016-2019 (USD Thousand)
Table 108 RoW: Wave Energy Converter Market, by Technology, 2020-2030 (USD Thousand)
Table 109 RoW: Wave Energy Converter Market, by Location, 2016-2019 (USD Thousand)
Table 110 RoW: Wave Energy Converter Market, by Location, 2020-2030 (USD Thousand)
Table 111 RoW: Wave Energy Converter Market, by Application, 2016-2019 (USD Thousand)
Table 112 RoW: Wave Energy Converter Market, by Application, 2020-2030 (USD Thousand)
Table 113 RoW: Wave Energy Converter Market, by Country, 2016-2019 (kW)
Table 114 RoW: Wave Energy Converter Market, by Country, 2020-2030 (kW)
Table 115 RoW: Wave Energy Converter Market, by Country, 2016-2019 (USD Thousand)
Table 116 RoW: Wave Energy Converter Market, by Country, 2020-2030 (USD Thousand)

10 Competitive Landscape
10.1 Overview
Figure 44 Key Developments in Wave Energy Converter Market, 2018 to 2022
10.2 Market Share, 2021
Figure 45 Industry Concentration of Key Players, 2021
10.3 Market Evaluation Framework
Table 117 Market Evaluation Framework, 2018-2021
10.4 Segmental Revenue Analysis of Top Market Players
Figure 46 Segmental Revenue Analysis, 2018-2021
10.5 Recent Developments
10.5.1 Deals
Table 118 Wave Energy Converter Market: Deals, 2018-2022
10.5.2 Others
Table 119 Wave Energy Converter Market: Others, 2018-2022
10.6 Competitive Leadership Mapping, 2021
10.6.1 Stars
10.6.2 Emerging Leaders
10.6.3 Pervasive Players
10.6.4 Participants
Figure 47 Wave Energy Converter Market: Competitive Leadership Mapping, 2021
Table 120 Company Technology Footprint
Table 121 Company Location Footprint
Table 122 Company Application Footprint
Table 123 Company Regional Footprint
10.7 Start-Up/SME Evaluation Quadrant, 2021
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 48 Wave Energy Converter Market: Start-Up/SME Evaluation Quadrant, 2021
10.8 Competitive Benchmarking
Table 124 Wave Energy Converter Market: Detailed List of Key Startups/SMEs
Table 125 Company Technology Footprint (SME)
Table 126 Company Location Footprint (SME)
Table 127 Company Application Footprint (SME)
Table 128 Company Regional Footprint (SME)

11 Company Profiles
11.1 Key Players
Business Overview, Products/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats
11.1.1 Ocean Power Technologies
Table 129 Ocean Power Technologies: Business Overview
Figure 49 Ocean Power Technologies: Company Snapshot
Table 130 Ocean Power Technologies: Product Development
Table 131 Ocean Power Technologies: Deals
11.1.2 Eco Wave Power
Table 132 Eco Wave Power: Business Overview
Figure 50 Eco Wave Power: Company Snapshot
Table 133 Eco Wave Power: Deals
Table 134 Eco Wave Power: Others
11.1.3 Corpower Ocean
Table 135 Corpower Ocean: Business Overview
Table 136 Corpower Ocean: Product Development
Table 137 Corpower Ocean: Deals
Table 138 Corpower Ocean: Others
11.1.4 Wello Oy
Table 139 Wello Oy: Business Overview
Table 140 Wello Oy: Deals
11.1.5 Calwave Power Technologies
Table 141 Calwave: Business Overview
Table 142 Calwave Power Technologies: Deals
11.1.6 Aw-Energy Oy
Table 143 Aw-Energy Oy: Business Overview
Table 144 Aw-Energy Oy: Deals
Table 145 Aw-Energy: Others
11.1.7 Carnegie Clean Energy
Table 146 Carnegie Clean Energy: Business Overview
Figure 51 Carnegie Clean Energy: Company Snapshot
Table 147 Carnegie Clean Energy: Product Development
Table 148 Carnegie Clean Energy: Deals
11.1.8 Sinn Power
Table 149 Sinn Power: Business Overview
Table 150 Sinn Power: Others
11.1.9 Amog Consulting
Table 151 Amog Consulting: Business Overview
Table 152 Amog Consulting: Deals
11.1.10 Nemos GmbH
Table 153 Nemos GmbH: Business Overview
11.1.11 Oceanenergy
Table 154 Oceanenergy: Business Overview
Table 155 Oceanenergy: Deals
11.1.12 Wave Swell
Table 156 Wave Swell: Business Overview
11.1.13 Ingine Inc.
Table 157 Ingine Inc.: Business Overview
Table 158 Ingine Inc.: Deals
11.1.14 Aws Ocean Energy
Table 159 Aws Ocean Energy: Business Overview
11.1.15 Limerick Wave
Table 160 Limerick Wave: Business Overview
11.1.16 Arrecife Energy Systems
Table 161 Arrecife Energy Systems: Business Overview
11.1.17 Hann-Ocean Energy
Table 162 Hann-Ocean Energy: Business Overview
11.1.18 Accumulated Ocean Energy
Table 163 Accumulated Ocean Energy: Business Overview
11.1.19 Aquanet Power
Table 164 Aquanet Power: Business Overview
11.1.20 Resolute Energy
Table 165 Resolute Energy: Business Overview
Table 166 Resolute Energy: Deals
11.1.21 Bombora Wave Power
Table 167 Bombora Wave Power: Business Overview
Table 168 Bombora Wave Power: Deals
11.1.22 Marine Power Systems
Table 169 Marine Power Systems: Business Overview
Table 170 Marine Power Systems: Deals
11.1.23 Applied Technologies Company
Table 171 Applied Technologies Company: Business Overview
11.1.24 Weptos A/S
Table 172 Weptos A/S: Business Overview
11.1.25 Oscilla Power
Table 173 Oscilla Power: Business Overview
Table 174 Oscilla Power: Deals
11.2 Other Players
11.2.1 Able Technologies, L.L.C.
11.2.2 Leancon Wave Energy
11.2.3 Sener Group
11.2.4 Exowave
11.2.5 Witt Energy
11.2.6 Wave Dragon Aps
11.2.7 Checkmate Seaenergy Ltd.
11.2.8 Oneka Technologies
11.2.9 Mocean Energy
Details on Business Overview, Products/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledgestore: The Subscription Portal
12.4 Customization Options

Executive Summary

Companies Mentioned

  • Aw-Energy Oy
  • Amog Consulting
  • Aws Ocean Energy
  • Arrecife Energy Systems
  • Accumulated Ocean Energy
  • Aquanet Power
  • Applied Technologies Company
  • Able Technologies, L.L.C.
  • Bombora Wave Power
  • Corpower Ocean
  • Calwave Power Technologies
  • Carnegie Clean Energy
  • Checkmate Seaenergy Ltd.
  • Eco Wave Power
  • Exowave
  • Hann-Ocean Energy
  • Ingine Inc.
  • Limerick Wave
  • Leancon Wave Energy
  • Marine Power Systems
  • Mocean Energy
  • Nemos GmbH
  • Ocean Power Technologies
  • Oceanenergy
  • Oscilla Power
  • Oneka Technologies
  • Resolute Energy
  • Sinn Power
  • Sener Group
  • Wello Oy
  • Wave Swell
  • Weptos A/S
  • Witt Energy
  • Wave Dragon Aps