Global Ocean Energy Technology Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Ocean Energy Technology market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
Ocean energy technology refers to the various methods and technologies used to harness energy from the world"s oceans. It"s a renewable energy source that takes advantage of the energy contained in the movement of ocean waters, such as waves, tides, ocean currents, and temperature differentials. There are several key forms of ocean energy technology:
Wave Energy: Wave energy technology captures the kinetic energy generated by the motion of ocean waves. It typically involves the use of buoys, oscillating water columns, or other devices that move with the waves, driving a generator to produce electricity.
Tidal Energy: Tidal energy is harnessed from the rise and fall of ocean tides. Tidal energy technologies include tidal stream systems that use underwater turbines to capture the kinetic energy of flowing water, as well as tidal range systems that employ dams or barrages to create energy as water flows in and out of a tidal basin.
Ocean Thermal Energy Conversion (OTEC): OTEC technology relies on the temperature difference between the warm surface waters and cold deep waters in the ocean. Heat exchangers and working fluids are used to generate power through a heat engine.
Salinity Gradient Power: Salinity gradient power, also known as blue energy, is generated from the difference in salt concentration between fresh river water and salty seawater. This technology typically employs membranes or pressure retarded osmosis (PRO) processes to create electricity.
Ocean energy technology has several advantages, including its predictability, high energy density, and minimal environmental impact when compared to fossil fuels. However, it also faces challenges such as high upfront costs, potential environmental impacts on marine ecosystems, and the need for infrastructure in harsh ocean environments.
Despite the challenges, ongoing research and development aim to make ocean energy a more viable and sustainable source of renewable energy, contributing to a diversified and cleaner energy mix.
This report is a detailed and comprehensive analysis for global Ocean Energy Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ocean Energy Technology market size and forecasts, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ocean Energy Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ocean Energy Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ocean Renewable Power Company (ORPC), Carnegie Clean Energy, Nova Innovation, Minesto, Naval Energies, EMEC (European Marine Energy Centre), Ocean Energy Europe, Wello, AW-Energy, SIMEC Atlantis Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Ocean Energy Technology market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Wave Energy Technology
Tidal Energy Technology
Ocean Thermal Energy Conversion (OTEC) Technology
Salinity Gradient Power Technology
Market segment by Application
Electricity Generation
Off-Grid Power Supply
Emergency Power
Market segment by players, this report covers
Ocean Renewable Power Company (ORPC)
Carnegie Clean Energy
Nova Innovation
Minesto
Naval Energies
EMEC (European Marine Energy Centre)
Ocean Energy Europe
Wello
AW-Energy
SIMEC Atlantis Energy
Eco Wave Power
SCHOTTEL
Sabella
NEMOS
Marine Power Systems (MPS)
CorPower Ocean
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Ocean Energy Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Ocean Energy Technology, with revenue, gross margin, and global market share of Ocean Energy Technology from 2020 to 2025.
Chapter 3, the Ocean Energy Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Ocean Energy Technology market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Ocean Energy Technology.
Chapter 13, to describe Ocean Energy Technology research findings and conclusion.
Ocean energy technology refers to the various methods and technologies used to harness energy from the world"s oceans. It"s a renewable energy source that takes advantage of the energy contained in the movement of ocean waters, such as waves, tides, ocean currents, and temperature differentials. There are several key forms of ocean energy technology:
Wave Energy: Wave energy technology captures the kinetic energy generated by the motion of ocean waves. It typically involves the use of buoys, oscillating water columns, or other devices that move with the waves, driving a generator to produce electricity.
Tidal Energy: Tidal energy is harnessed from the rise and fall of ocean tides. Tidal energy technologies include tidal stream systems that use underwater turbines to capture the kinetic energy of flowing water, as well as tidal range systems that employ dams or barrages to create energy as water flows in and out of a tidal basin.
Ocean Thermal Energy Conversion (OTEC): OTEC technology relies on the temperature difference between the warm surface waters and cold deep waters in the ocean. Heat exchangers and working fluids are used to generate power through a heat engine.
Salinity Gradient Power: Salinity gradient power, also known as blue energy, is generated from the difference in salt concentration between fresh river water and salty seawater. This technology typically employs membranes or pressure retarded osmosis (PRO) processes to create electricity.
Ocean energy technology has several advantages, including its predictability, high energy density, and minimal environmental impact when compared to fossil fuels. However, it also faces challenges such as high upfront costs, potential environmental impacts on marine ecosystems, and the need for infrastructure in harsh ocean environments.
Despite the challenges, ongoing research and development aim to make ocean energy a more viable and sustainable source of renewable energy, contributing to a diversified and cleaner energy mix.
This report is a detailed and comprehensive analysis for global Ocean Energy Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ocean Energy Technology market size and forecasts, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Ocean Energy Technology market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ocean Energy Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ocean Energy Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ocean Renewable Power Company (ORPC), Carnegie Clean Energy, Nova Innovation, Minesto, Naval Energies, EMEC (European Marine Energy Centre), Ocean Energy Europe, Wello, AW-Energy, SIMEC Atlantis Energy, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Ocean Energy Technology market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Wave Energy Technology
Tidal Energy Technology
Ocean Thermal Energy Conversion (OTEC) Technology
Salinity Gradient Power Technology
Market segment by Application
Electricity Generation
Off-Grid Power Supply
Emergency Power
Market segment by players, this report covers
Ocean Renewable Power Company (ORPC)
Carnegie Clean Energy
Nova Innovation
Minesto
Naval Energies
EMEC (European Marine Energy Centre)
Ocean Energy Europe
Wello
AW-Energy
SIMEC Atlantis Energy
Eco Wave Power
SCHOTTEL
Sabella
NEMOS
Marine Power Systems (MPS)
CorPower Ocean
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Ocean Energy Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Ocean Energy Technology, with revenue, gross margin, and global market share of Ocean Energy Technology from 2020 to 2025.
Chapter 3, the Ocean Energy Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Ocean Energy Technology market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Ocean Energy Technology.
Chapter 13, to describe Ocean Energy Technology research findings and conclusion.
Table of Contents
138 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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