Global Ocean Power Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2021- 2027Report ID: BMRC 2091 | Number of pages: 194 | Publish Date: Jan 2020 | Publisher: BMRC | Category: Energy and Mining
Ocean Power Market unveils a succinct analysis of the market size, regional spectrum and revenue forecast about the Ocean Power market. Furthermore, the report points out major challenges and latest growth plans embraced by key manufacturers that constitute the competitive spectrum of this business domain.
Ocean energy (also sometimes referred to as marine energy, marine power, or hydrokinetic energy) refers to the energy carried by ocean waves, tides, salinity, and ocean temperature differences. The movement of water in the world’s oceans creates a vast store of kinetic energy, or energy in motion. This energy can be harnessed to generate electricity to power homes, transport and industries.
The burning of coal causes carbon dioxide emission, which has a major impact on the environment. However, it is one of the most commonly used sources for baseload power due to its low cost and easy availability. Governments across the world are adopting renewable energy to regulate carbon dioxide emissions to decarbonize the power system. The growing environmental concerns have forced countries to adopt a diversified energy mix by increasing the share of low/no carbon sources, such as wind, solar, geothermal, and ocean power.
Ocean energy has the potential to play a significant role in the future energy system, whilst contributing to the reduction of carbon emissions and stimulating economic growth in coastal and remote areas. Ocean energy has attracted increasing interest, particularly in the EU, which is currently at the forefront of ocean energy development.
In this report, 2019 has been considered as the base year and 2021 to 2027 as the forecast period to estimate the market size for Ocean Power.
This report studies the global market size of Ocean Power, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Ocean Power production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2021 to 2027, and forecast to 2027.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2021 to 2027.
In global market, the following companies are covered:
ANDRITZ HYDRO Hammerfest
Ocean Power Technologies
Market Segment by Product Type
Market Segment by Application
Ocean Power market report consists of the world’s crucial region market share, size (volume), trends including the product profit, price, value, production, capacity, capability utilization, supply, and demand. Besides, market growth rate, size, and forecasts at the global level have been provided. The geographic areas covered in this report: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. Top-down and bottom-up approaches are used to validate the global market size market and estimate the market size for manufacturers, regions segments, product segments and applications (end users). All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from BrandEssenceResearch and presented in this report.
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
The study objectives are:
To analyze and research the Ocean Power status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Ocean Power manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Ocean Power are as follows:
History Year: 2021-2027
Base Year: 2019
Estimated Year: 2019
Forecast Year 2021 to 2027
Table of Content 1. Chapter - Report Methodology 1.1. Research Process 1.2. Primary Research 1.3. Secondary Research 1.4. Market Size Estimates 1.5. Data Triangulation 1.6. Forecast Model 1.7. USP’s of Report 1.8. Report Description 2. Chapter – Global Ocean Power Market Overview: Qualitative Analysis 2.1. Market Introduction 2.2. Executive Summary 2.3. Global Ocean Power Market Classification 2.4. Market Drivers 2.5. Market Restraints 2.6. Market Opportunity 2.7. Ocean Power Market: Trends 2.8. Porter’s Five Forces Analysis 2.8.1. Bargaining Power of Suppliers 2.8.2. Bargaining Power of Consumers 2.8.3. Threat of New Entrants 2.8.4. Threat of Substitute Product and Services 2.8.5. Competitive Rivalry within the Industry 2.9. Market Attractiveness Analysis 2.9.1. Market Attractiveness Analysis by Segmentation 2.9.2. Market Attractiveness Analysis by Region 3. Chapter - Global Ocean Power Market Overview: Quantitative Analysis 3.1. Global Ocean Power Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2021- 2027 3.2. Global Ocean Power Market Revenue Market Share (%), 2021- 2027 3.3. Global Ocean Power Market Sales (Number of Units), Market Share (%) and Growth Rate (%), 2021- 2027 3.4. Global Ocean Power Market Sales Market Share (%), 2021- 2027 4. Chapter – Global Ocean Power Market Analysis: Segmentation By Type 5. Chapter – Global Ocean Power Market Analysis: Segmentation By Application 6. Chapter - Global Ocean Power Market Analysis: By Manufacturer 6.1. Global Ocean Power Market Revenue (USD Million), by Manufacturer, 2021 - 2027 6.2. Global Ocean Power Market Share (%), by Manufacturer, 2027 6.3. Global Ocean Power Market Sales (Number of Units), by Manufacturer, 2021 - 2027 6.4. Global Ocean Power Market Share (%), by Manufacturer, 2027 6.5. Global Ocean Power Market Price (USD/Unit), by Manufacturer, 2021 - 2027 6.6. Global Ocean Power Market Revenue Growth Rate (%), by Manufacturer, 2021 – 2027 6.7. Merger & Acquisition 6.8. Collaborations and Partnership 6.9. New Product Launch 7. Chapter –Ocean Power Market: Regional Analysis 7.1. North America 7.1.1. North America Ocean Power Market Revenue (USD Million) and Growth Rate (%), 2021 – 2027. 7.1.2. North America Ocean Power Market Revenue (USD Million) By Country, 2021 – 2027. 7.1.3. North America Ocean Power Revenue Market Share (%) By Country, 2021 – 2027. 7.1.4. North America Ocean Power Market Revenue (USD Million) and Growth Rate, By Market Segmentation, 2021 – 2027. 7.1.5. North America Ocean Power Market Revenue (USD Million), Market Share (%) and Growth Rate, By Market Segmentation, 2021 – 2027. 7.1.6. North America Ocean Power Market Sales (Number of Units) and Growth Rate (%), 2021 – 2027. 7.1.7. North America Ocean Power Market Sales (Number of Units) By Country, 2021 – 2027. 7.1.8. North America Ocean Power Sales Market Share (%) By Country, 2021 – 2027. 7.1.9. North America Ocean Power Market Sales (Number of Units) and Growth Rate, By Market Segmentation, 2021 – 2027. 7.1.10. North America Ocean Power Market Sales (Number of Units), Market Share (%) and Growth Rate, By Market Segmentation, 2021 – 2027. 7.2. Europe 7.3. Asia Pacific 7.4. Latin America 7.5. Middle East & Africa 8. Chapter - Company Profiles