The global tidal power generation equipment market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for renewable energy sources and the need for sustainable energy sources. The major players in this market are Siemens AG (Germany), Alstom SA (France), General Electric Company (US), and Mitsubishi Heavy Industries Ltd (Japan).
Some Of The Growth Factors Of This Market:
- Tidal power generation equipment is a renewable energy source that can be used to generate electricity.
- The cost of tidal power generation equipment has been decreasing in recent years, which has led to an increase in the number of installations worldwide.
- Tidal power generation equipment is a clean and sustainable energy source that does not produce any greenhouse gas emissions or other pollutants during operation, which makes it an attractive option for countries looking to reduce their carbon footprint and meet their emission reduction targets under the Paris Agreement on Climate Change.
- Countries with high tidal ranges are ideal locations for tidal power generation equipment installations because they have higher potential for generating electricity than those with lower ranges.
- The global population is expected to grow by 2 billion people by 2050, which will lead to increased demand for electricity.
Industry Growth Insights published a new data on “Tidal Power Generation Equipment Market”. The research report is titled “Tidal Power Generation Equipment Market research by Types (Single-library Unidirectional Station, Single-library Bi-directional Station, Double-library Bi-directional Station), By Applications (Industrial Application, Commercial Application), By Players/Companies Tidal Energy, Atlantis Resources, Ocean Power Technologies, Tenax Energy, AquaGen Technologies, Ocean Renewable Power, S.D.E. Energy, Marine Current Turbines, Aquamarine Power, Alternative Energy”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tidal Power Generation Equipment Market Research Report
By Type
Single-library Unidirectional Station, Single-library Bi-directional Station, Double-library Bi-directional Station
By Application
Industrial Application, Commercial Application
By Companies
Tidal Energy, Atlantis Resources, Ocean Power Technologies, Tenax Energy, AquaGen Technologies, Ocean Renewable Power, S.D.E. Energy, Marine Current Turbines, Aquamarine Power, Alternative Energy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Tidal Power Generation Equipment Market Report Segments:
The global Tidal Power Generation Equipment market is segmented on the basis of:
Types
Single-library Unidirectional Station, Single-library Bi-directional Station, Double-library Bi-directional Station
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Application, Commercial Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tidal Energy
- Atlantis Resources
- Ocean Power Technologies
- Tenax Energy
- AquaGen Technologies
- Ocean Renewable Power
- S.D.E. Energy
- Marine Current Turbines
- Aquamarine Power
- Alternative Energy
Highlights of The Tidal Power Generation Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-library Unidirectional Station
- Single-library Bi-directional Station
- Double-library Bi-directional Station
- By Application:
- Industrial Application
- Commercial Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tidal Power Generation Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tidal power generation equipment is a type of renewable energy technology that uses the motion of waves to create electricity. Tidal power can be generated from a variety of sources, including tidal streams (the flow of water in and out of estuaries), wave farms (a large number of small turbines placed along a coast or river), and tidal barrages (a series of dams or other structures designed to trap the flow of water and generate electricity).
Some of the key players operating in the tidal power generation equipment market are Tidal Energy, Atlantis Resources, Ocean Power Technologies, Tenax Energy, AquaGen Technologies, Ocean Renewable Power, S.D.E. Energy, Marine Current Turbines, Aquamarine Power, Alternative Energy.
The tidal power generation equipment market is expected to register a CAGR of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tidal Power Generation Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Tidal Power Generation Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tidal Power Generation Equipment Market - Supply Chain
4.5. Global Tidal Power Generation Equipment Market Forecast
4.5.1. Tidal Power Generation Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tidal Power Generation Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tidal Power Generation Equipment Market Absolute $ Opportunity
5. Global Tidal Power Generation Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Tidal Power Generation Equipment Market Size and Volume Forecast by Type
5.3.1. Single-library Unidirectional Station
5.3.2. Single-library Bi-directional Station
5.3.3. Double-library Bi-directional Station
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tidal Power Generation Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Tidal Power Generation Equipment Market Size and Volume Forecast by Application
6.3.1. Industrial Application
6.3.2. Commercial Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tidal Power Generation Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Tidal Power Generation Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Tidal Power Generation Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Tidal Power Generation Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Tidal Power Generation Equipment Demand Share Forecast, 2019-2026
9. North America Tidal Power Generation Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Tidal Power Generation Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Tidal Power Generation Equipment Market Size and Volume Forecast by Application
9.4.1. Industrial Application
9.4.2. Commercial Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tidal Power Generation Equipment Market Size and Volume Forecast by Type
9.7.1. Single-library Unidirectional Station
9.7.2. Single-library Bi-directional Station
9.7.3. Double-library Bi-directional Station
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Tidal Power Generation Equipment Demand Share Forecast, 2019-2026
10. Latin America Tidal Power Generation Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Tidal Power Generation Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Tidal Power Generation Equipment Market Size and Volume Forecast by Application
10.4.1. Industrial Application
10.4.2. Commercial Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tidal Power Generation Equipment Market Size and Volume Forecast by Type
10.7.1. Single-library Unidirectional Station
10.7.2. Single-library Bi-directional Station
10.7.3. Double-library Bi-directional Station
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Tidal Power Generation Equipment Demand Share Forecast, 2019-2026
11. Europe Tidal Power Generation Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Tidal Power Generation Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Tidal Power Generation Equipment Market Size and Volume Forecast by Application
11.4.1. Industrial Application
11.4.2. Commercial Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tidal Power Generation Equipment Market Size and Volume Forecast by Type
11.7.1. Single-library Unidirectional Station
11.7.2. Single-library Bi-directional Staion
11.7.3. Double-library Bi-directional Station
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Tidal Power Generation Equipment Demand Share, 2019-2026
12. Asia Pacific Tidal Power Generation Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Tidal Power Generation Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Tidal Power Generation Equipment Market Size and Volume Forecast by Application
12.4.1. Industrial Application
12.4.2. Commercial Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tidal Power Generation Equipment Market Size and Volume Forecast by Type
12.7.1. Single-library Unidirectional Station
12.7.2. Single-library Bi-directional Station
12.7.3. Double-library Bi-directional Station
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Tidal Power Generation Equipment Demand Share, 2019-2026
13. Middle East & Africa Tidal Power Generation Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Tidal Power Generation Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Tidal Power Generation Equipment Market Size and Volume Forecast by Application
13.4.1. Industrial Application
13.4.2. Commercial Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tidal Power Generation Equipment Market Size and Volume Forecast by Type
13.7.1. Single-library Unidirectional Station
13.7.2. Single-library Bi-directional Station
13.7.3. Double-library Bi-directional Station
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Tidal Power Generation Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tidal Power Generation Equipment Market: Market Share Analysis
14.2. Tidal Power Generation Equipment Distributors and Customers
14.3. Tidal Power Generation Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tidal Energy
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlantis Resources
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ocean Power Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tenax Energy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AquaGen Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ocean Renewable Power
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. S.D.E. Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Marine Current Turbines
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aquamarine Power
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alternative Energy
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
