Market Highlights

Tidal & Wave energy has an advantage over solar or wind energy that the energy has been naturally concentrated by accumulation over time and space. The estimated lifespan of tidal energy plants is about 75-100 years, which is much longer than nuclear power plants. Higher lifespan will drive the global Tidal Energy Market. Tidal energy technology is more mature and has an impact on noise pollution due to the underwater installation of turbines. Moreover, it is area efficient and can be installed onshore which will positively influence the industry outlook. European companies currently have the lead in developing wave and tidal technologies, supported by cutting-edge academic research and testing facilities. Whereas, China has also taken steps to increase its footprint as well as South Korea where there are plans to build a tidal-energy plant on the southern tip of the peninsula, saving an estimated 330,000 tonnes of greenhouse gas emissions a year.

The world’s oldest tidal energy plant, La Rance, in France has continued to produce large amounts of electricity since 1966, efficiently.

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Key Players

The key players of Global Tidal Energy Market includes

Atlantis Resources Ltd.
Envirotek Pte Ltd
Naval Energies
Tidal Energy Ltd. (TEL)
Sabella
Green Power Solutions
Tidal Bridge B.V
SBS Intl Ltd

Scope of the report

This study provides an overview of the global Tidal Energy market, tracking one market segment across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Tidal Energy market by its Process, application and region.

By Process

Chemical
Mechanical

By Application

Beverages
Personal Care
Pharmaceutical
Consumer goods
Others

By Region

North America
Asia Pacific
Europe
Rest of the World

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