Wave and Tidal Energy Market by Type, Application, Regions, Demand
Key Highlights
The global wave and tidal energy market stood at US$ 3,244.44 Mn in 2018 and is projected to touch a valuation of US$ 17,535.30 million by the end of 2027. This represents the market rising at a spectacular CAGR of 23.5% during the forecast period of 2019–2027.
Tidal Power Plant Segment Lead the Global Wave and Tidal Energy Market
The various types of energy generated can be broadly classified as wave and tidal. Both the segments are poised to rise at equally promising pace over the assessment period. However, tidal energy is expected to lead the market through 2027. The assortment of technologies brought by companies to leverage the potential of this type of energy will account for the attractive growth.
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Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
