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.

The global Ocean Power market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Ocean Power volume and value at global level, regional level and company level. From a global perspective, this report represents overall Ocean Power market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Ocean Power in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Ocean Power manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.

The following manufacturers are covered:
ANDRITZ HYDRO Hammerfest
Atlantis Resources
Ocean Power Technologies
OpenHydro
Seabased
Wello Oy
...

Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India

Segment by Type
Tidal power
Wave power

Segment by Application
Residential
Industrial
Transport
Others