Market Research Report

Global Wave Energy Converter Market Report By Technology (Oscillating Body Converters, Oscillating Water Columns, Overtopping Devices, Rotating Mass Converters), By Application (Power generation, Desalination, Environmental protection), By Location (Nearshore, Shoreline, Offshore) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11219434
October 2022
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Wave Energy Converter Market is presumed to reach the market size of nearly USD 40.9 MN by 2028 from USD 28.49 MN in 2021 with a CAGR of 5.3% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kw in 2021 and forecast to touch XX Kw by 2028 with a CAGR of XX% during 2022-2028.

Wave energy converters are devices that convert the kinetic energy of ocean waves into electricity. It is one of the most promising sources of renewable energy available today. They can be categorised in two types: those with a buoy and those without a buoy. Buoyed WECs are anchored to the seabed and submerged, while wave-powered WECs have no anchoring mechanism and rely on their buoyancy to stay afloat. 

Market Dynamics 

The market drivers for wave energy conversion market are the increasing demand for clean and sustainable sources of power, and decreasing costs. The market for wave energy converters is on the growth spree due to increasing population, improving technology, and favorable government policies.The advantages of wave power include a continuous supply of clean renewable electricity, reduced dependence on fossil fuels, no need for expensive large scale infrastructure, and possibility to produce electricity even with no access to grid power are other reasons assisting in the growth of this market

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of wave energy converter. The growth and trends of Wave Energy Converter Industry provide a holistic approach to this study. 

Market Segmentation

This section of the wave energy converter market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Technology
  • Oscillating Body Converters
  • Oscillating Water Columns
  • Overtopping Devices
  • Rotating Mass Converters

By Application
  • Power Generation
  • Desalination
  • Environmental Protection

By Location
  • Nearshore
  • Shoreline
  • Offshore

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Wave Energy Converter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Wave Energy Converter Market Share by Region (Representative Graph)

Global Wave Energy Converter Market Share
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the wave energy converter market include Ocean Power Technologies (US), Eco Wave Power (Israel), CorPower Ocean (Sweden), Wello Oy (Finland) and CalWave (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
 
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Frequently Asked Questions (FAQs) about this Report

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . WAVE ENERGY CONVERTER – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Technology
           3.7.2 Market Attractiveness Analysis By Application
           3.7.3 Market Attractiveness Analysis By Location
           3.7.4 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL WAVE ENERGY CONVERTER MARKET ANALYSIS BY TECHNOLOGY
       6.1 Overview by Technology
       6.2 Historical and Forecast Data
       6.3 Analysis by Technology
       6.4 Oscillating Body Converters Historic and Forecast Sales by Regions
       6.5 Oscillating Water Columns Historic and Forecast Sales by Regions
       6.6 Overtopping Devices Historic and Forecast Sales by Regions
       6.7 Rotating Mass Converters Historic and Forecast Sales by Regions
 
7 . GLOBAL WAVE ENERGY CONVERTER MARKET ANALYSIS BY APPLICATION
       7.1 Overview by Application
       7.2 Historical and Forecast Data
       7.3 Analysis by Application
       7.4 Power generation Historic and Forecast Sales by Regions
       7.5 Desalination Historic and Forecast Sales by Regions
       7.6 Environmental protection Historic and Forecast Sales by Regions
 
8 . GLOBAL WAVE ENERGY CONVERTER MARKET ANALYSIS BY LOCATION
       8.1 Overview by Location
       8.2 Historical and Forecast Data
       8.3 Analysis by Location
       8.4 Nearshore Historic and Forecast Sales by Regions
       8.5 Shoreline Historic and Forecast Sales by Regions
       8.6 Offshore Historic and Forecast Sales by Regions
 
9 . GLOBAL WAVE ENERGY CONVERTER MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America Sales Analysis
           9.3.1. Overview, Historic and Forecast Data  Sales Analysis
           9.3.2. North America By Segment Sales Analysis
           9.3.3. North America By Country Sales Analysis
           9.3.4. United State Sales Analysis
           9.3.5. Canada Sales Analysis
           9.3.6. Mexico Sales Analysis
       9.4. Europe Sales Analysis
           9.4.1. Overview, Historic and Forecast Data  Sales Analysis
           9.4.2. Europe by Segment Sales Analysis
           9.4.3. Europe by Country Sales Analysis
           9.4.4. United Kingdom Sales Analysis
           9.4.5. France Sales Analysis
           9.4.6. Germany Sales Analysis
           9.4.7. Italy Sales Analysis
           9.4.8. Russia Sales Analysis
           9.4.9. Rest Of Europe Sales Analysis
       9.5. Asia Pacific Sales Analysis
           9.5.1. Overview, Historic and Forecast Data  Sales Analysis
           9.5.2. Asia Pacific by Segment Sales Analysis
           9.5.3. Asia Pacific by Country Sales Analysis
           9.5.4. China Sales Analysis
           9.5.5. India Sales Analysis
           9.5.6. Japan Sales Analysis
           9.5.7. South Korea Sales Analysis
           9.5.8. Australia Sales Analysis
           9.5.9. Rest Of Asia Pacific Sales Analysis
       9.6. Latin America Sales Analysis
           9.6.1. Overview, Historic and Forecast Data  Sales Analysis
           9.6.2. Latin America by Segment Sales Analysis
           9.6.3. Latin America by Country Sales Analysis
           9.6.4. Brazil Sales Analysis
           9.6.5. Argentina Sales Analysis
           9.6.6. Peru Sales Analysis
           9.6.7. Chile Sales Analysis
           9.6.8. Rest of Latin America Sales Analysis
       9.7. Middle East & Africa Sales Analysis
           9.7.1. Overview, Historic and Forecast Data  Sales Analysis
           9.7.2. Middle East & Africa by Segment Sales Analysis
           9.7.3. Middle East & Africa by Country Sales Analysis
           9.7.4. Saudi Arabia Sales Analysis
           9.7.5. UAE Sales Analysis
           9.7.6. Israel Sales Analysis
           9.7.7. South Africa Sales Analysis
           9.7.8. Rest Of Middle East And Africa Sales Analysis
 
10 . COMPETITIVE LANDSCAPE OF THE WAVE ENERGY CONVERTER COMPANIES
       10.1. Wave Energy Converter Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF WAVE ENERGY CONVERTER INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Ocean Power Technologies (US)
           11.3.1. Company Overview
           11.3.2. Company Revenue
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Eco Wave Power (Israel)
           11.4.1. Company Overview
           11.4.2. Company Revenue
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. CorPower Ocean (Sweden)
           11.5.1. Company Overview
           11.5.2. Company Revenue
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Wello Oy (Finland)
           11.6.1. Company Overview
           11.6.2. Company Revenue
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. CalWave (US)
           11.7.1. Company Overview
           11.7.2. Company Revenue
           11.7.3. Products
           11.7.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Technology (Kw and USD MN)
  •  Oscillating Body Converters Market Sales by Geography (Kw and USD MN)
  •  Oscillating Water Columns Market Sales by Geography (Kw and USD MN)
  •  Overtopping Devices Market Sales by Geography (Kw and USD MN)
  •  Rotating Mass Converters Market Sales by Geography (Kw and USD MN)
  •  Analysis Market by Application (Kw and USD MN)
  •  Power generation Market Sales by Geography (Kw and USD MN)
  •  Desalination Market Sales by Geography (Kw and USD MN)
  •  Environmental protection Market Sales by Geography (Kw and USD MN)
  •  Analysis by Location (Kw and USD MN)
  •  Nearshore Market Sales by Geography (Kw and USD MN)
  •  Shoreline Market Sales by Geography (Kw and USD MN)
  •  Offshore Market Sales by Geography (Kw and USD MN)
  •  Global Wave Energy Converter Market Sales by Geography (Kw and USD MN)
  •  North America Market Analysis (Kw and USD MN)
  •  United State Market Analysis (Kw and USD MN)
  •  Canada Market Analysis (Kw and USD MN)
  •  Mexico Market Analysis (Kw and USD MN)
  •  Europe Market Analysis (Kw and USD MN)
  •  Europe Market Estimate by Country (Kw and USD MN)
  •  United Kingdom Market Analysis (Kw and USD MN)
  •  France Market Analysis (Kw and USD MN)
  •  Germany Market Analysis (Kw and USD MN)
  •  Italy Market Analysis (Kw and USD MN)
  •  Russia Market Analysis (Kw and USD MN)
  •  Spain Market Analysis (Kw and USD MN)
  •  Rest of Europe Market Analysis (Kw and USD MN)
  •  Asia Pacific Market Analysis (Kw and USD MN)
  •  China Market Analysis (Kw and USD MN)
  •  Japan Market Analysis (Kw and USD MN)
  •  India Market Analysis (Kw and USD MN)
  •  South Korea Market Analysis (Kw and USD MN)
  •  Australia Market Analysis (Kw and USD MN)
  •  Rest of Asia Pacific Market Analysis (Kw and USD MN)
  •  Latin America Market Analysis (Kw and USD MN)
  •  Brazil Market Analysis (Kw and USD MN)
  •  Argentina Market Analysis (Kw and USD MN)
  •  Peru Market Analysis (Kw and USD MN)
  •  Chile Market Analysis (Kw and USD MN)
  •  Rest of Latin America Market Analysis (Kw and USD MN)
  •  Middle East & Africa Market Analysis (Kw and USD MN)
  •  Saudi Arabia Market Analysis (Kw and USD MN)
  •  UAE Market Analysis (Kw and USD MN)
  •  Israel Market Analysis (Kw and USD MN)
  •  South Africa Market Analysis (Kw and USD MN)
  •  Rest of Middle East and Africa Market Analysis (Kw and USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisition
 
 LIST OF FIGURES
 
  •  Research Scope of Wave Energy Converter Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Wave Energy Converter Market Size, by Region (Kw and USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Technology
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Location
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Technology (Kw and USD MN)
  •  Oscillating Body Converters Market Sales by Geography (Kw and USD MN)
  •  Oscillating Water Columns Market Sales by Geography (Kw and USD MN)
  •  Overtopping Devices Market Sales by Geography (Kw and USD MN)
  •  Rotating Mass Converters Market Sales by Geography (Kw and USD MN)
  •  Global Market Analysis by Application (Kw and USD MN)
  •  Power generation Market Sales by Geography (Kw and USD MN)
  •  Desalination Market Sales by Geography (Kw and USD MN)
  •  Environmental protection Market Sales by Geography (Kw and USD MN)
  •  Global Market Analysis by Location (Kw and USD MN)
  •  Nearshore Market Sales by Geography (Kw and USD MN)
  •  Shoreline Market Sales by Geography (Kw and USD MN)
  •  Offshore Market Sales by Geography (Kw and USD MN)
  •  Global Market Sales (Kw and USD MN)
  •  North America Market Sales (Kw and USD MN)
  •  Europe Market Sales (Kw and USD MN)
  •  Asia Pacific Market Sales (Kw and USD MN)
  •  Latin America Market Sales (Kw and USD MN)
  •  Middle East & Africa Market Sales (Kw and USD MN)
  •  Recent Development in Industry
  •  Top Company Market Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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  • Analyze competitive developments

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