Summary

The global wave energy converter market is projected to grow from USD 0.03 billion in 2026 to USD 0.07 billion by 2031, at a CAGR of 19.0%. Market growth is supported by increasing government funding for marine energy research and demonstration projects, expansion of open-water testing infrastructure, and continued technology development aimed at improving device reliability, survivability, energy capture, and levelized cost of energy. The US Department of Energy has continued to support wave energy commercialization through open-water testing and system-validation programs, while the PacWave facility in Oregon has progressed toward grid-connected wave energy generation.

Manufacturers and technology developers are advancing point absorbers, oscillating wave surge converters, oscillating water columns, attenuators, overtopping devices, and other wave energy architectures to improve energy capture under different wave conditions and deployment environments. The growing use of modular WEC arrays, advanced power-take-off systems, intelligent controls, optimized mooring systems, and survivability mechanisms is supporting the transition from prototype development to larger-scale demonstration and commercial projects. Developers are also targeting applications beyond conventional grid-connected electricity, including desalination, offshore infrastructure, remote and island power, aquaculture, and marine monitoring, creating additional opportunities for wave energy technologies.

Oscillating body converters are expected to maintain a leading position throughout the forecast period.
Oscillating body converters, including point absorbers, attenuators, oscillating wave surge converters, submerged pressure differential devices, and related configurations, are expected to witness continued development because of their ability to capture wave motion through relative movement between floating, submerged, or seabed-connected components. Point absorbers have attracted significant technology-development activity, with companies such as CorPower Ocean, Carnegie Clean Energy, Ocean Power Technologies, CalWave, and Oscilla Power developing different approaches to wave-energy conversion. Carnegie's CETO technology, for example, uses a fully submerged point absorber, while CorPower Ocean has developed a compact point-absorber system for utility-scale wave farms.

The power generation segment is expected to dominate the market during the forecast period.
Power generation remains the primary application for wave energy converters as developers target grid-connected and distributed renewable electricity markets. Wave energy projects are being developed for coastal grids, islands, remote communities, ports, and offshore applications where predictable ocean resources can complement other renewable sources. The US PacWave facility represents an important development in this area, with a power purchase agreement enabling the delivery of wave-generated electricity to the US grid from 2026.

Breakdown of Primaries:
In-depth interviews with key industry participants, subject-matter experts, C-level executives of key market players, project developers, technology specialists, and directors, among other experts, were conducted to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The primary interviews were distributed as follows:
- By Company Type: Tier 1 - 65%, Tier 2 - 24%, and Tier 3 - 11%
- By Designation: C-Level Executives - 30%, Directors - 25%, and Others - 45%
- By Region: North America - 25%, Europe - 40%, Asia Pacific - 25%, and ROW - 10%.
Note: Others include sales managers, engineering managers, project managers, technology specialists, and regional managers.
Tier 1 company: revenue >USD 5 billion; Tier 2 company: revenue between USD 1 billion and USD 5 billion; and Tier 3 company: revenue <USD 1 billion in 2025.

Well-established technology developers, marine-energy companies, engineering firms, and renewable-energy specialists predominantly shape the wave energy converter market. Key players profiled in the report include Ocean Power Technologies (US), Eco Wave Power Global (Israel), Carnegie Clean Energy (Australia), CorPower Ocean (Sweden), Mocean Energy (UK), Wave Swell Energy (Australia), CalWave (US), AWS Ocean Energy (UK), Oscilla Power (US), OceanEnergy (Ireland), Wavepiston (Denmark), Exowave (France), Checkmate SeaEnergy (UK), Wave Dragon (Denmark), Marine Power Systems (UK), Bombora Wave Power (Australia), INGINE (South Korea), AMOG Consulting (Australia), Atargis Energy Corporation (US), Hann-Ocean Energy (South Korea), Accumulated Ocean Energy (UK), Aquanet Power (UK), Arrecife Energy Systems (Spain), and SINN Power (Germany). Their technology portfolios, demonstration projects, open-water testing, strategic partnerships, and geographic expansion continue to shape the competitive landscape. Carnegie operates the CETO technology, Eco Wave Power focuses on onshore wave energy systems integrated with coastal infrastructure, while CorPower Ocean is advancing point-absorber technology toward commercial-scale wave farms.

Research Coverage:
The report provides a comprehensive definition, description, and forecast of the wave energy converter market by technology (oscillating water columns, oscillating body converters, overtopping devices, and others), oscillating body sub-technology (point absorbers, attenuators, oscillating wave surge converters, and submerged pressure differential devices), location (shoreline, nearshore, and offshore), application (power generation, desalination, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World). It delivers qualitative and quantitative analysis of market drivers, restraints, opportunities, and challenges. The study also includes competitive landscape assessment, market sizing and forecasts, technology trends, ecosystem analysis, commercial use cases, company benchmarking, project/deployment analysis, and recent developments to provide a comprehensive view of the wave energy converter market.

Key Benefits of Buying the Report
The report supports WEC technology developers, renewable energy companies, utilities, project developers, investors, policymakers, marine engineering companies, and other stakeholders in understanding the evolving wave energy converter market. It provides market forecasts across major technology, power rating, location, application, and regional segments while delivering insights into technology maturity, deployment activity, competitive positioning, and commercialization opportunities. The report enables stakeholders to make informed business decisions through detailed market intelligence and strategic analysis.

- Analysis of key market dynamics: Drivers (increasing government support for marine energy, growing renewable-energy diversification, rising demand for predictable coastal and island power), restraints (high capital costs, limited commercial-scale deployment, challenging offshore installation and maintenance requirements), opportunities (desalination, remote and island power, offshore infrastructure, integration with hybrid renewable-energy systems), and challenges (technology survivability, high LCOE relative to established renewables, marine permitting requirements, limited supply-chain and testing infrastructure) influencing market growth. US DOE funding programs and marine energy test infrastructure continue to support technology validation and commercialization efforts.
- Technology and Product Innovation: Examines advancements in point absorbers, oscillating wave surge converters, oscillating water columns, advanced power-take-off systems, intelligent controls, optimized mooring systems, modular WEC arrays, and storm-survivability technologies that are transforming wave-energy development. Developers are increasingly incorporating AI-assisted control, digital monitoring, and advanced hydrodynamic optimization to improve energy capture and operational performance. Carnegie, for example, highlights AI and electric-machine technologies in the optimization of its CETO system.
- Market Development: Highlights how government marine energy programs, open-water testing facilities, commercial demonstration projects, grid-connected deployments, and partnerships between technology developers, utilities, ports, and research organizations are accelerating wave-energy development. The establishment and expansion of testing facilities such as PacWave are supporting the transition from laboratory and prototype testing toward full-scale validation.
- Market Diversification: Evaluates expanding wave energy converter applications beyond conventional grid-connected power generation into desalination, remote and island power, offshore aquaculture, marine monitoring, coastal infrastructure, microgrids, and other autonomous marine applications, creating additional revenue opportunities for market participants. Carnegie's CETO technology, for example, is designed to support both electricity generation and freshwater production, while several WEC developers are targeting remote and offshore applications.
- Competitive Assessment: Provides detailed analysis of leading companies, including Ocean Power Technologies (US), Eco Wave Power Global (Israel), Carnegie Clean Energy (Australia), CorPower Ocean (Sweden), Mocean Energy (UK), Wave Swell Energy (Australia), CalWave (US), AWS Ocean Energy (UK), Oscilla Power (US), OceanEnergy (Ireland), Wavepiston (Denmark), Exowave (France), Checkmate SeaEnergy (UK), Wave Dragon (Denmark), Marine Power Systems (UK), Bombora Wave Power (Australia), INGINE (South Korea), AMOG Consulting (Australia), Atargis Energy Corporation (US), Hann-Ocean Energy (Singapore), Accumulated Ocean Energy (UK), Aquanet Power (Taiwan), Arrecife Energy Systems (Spain), and SINN Power (Germany), covering their technology portfolios, product and project developments, deployment locations, strategic initiatives, technological capabilities, partnerships, and competitive positioning.

ページTOPに戻る

Table of Contents

1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 MARKET SCOPE 27
1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE 27
1.3.2 INCLUSIONS AND EXCLUSIONS 27
1.3.3 YEARS CONSIDERED 28
1.4 CURRENCY CONSIDERED 29
1.5 UNIT CONSIDERED 29
1.6 LIMITATIONS 29
1.7 STAKEHOLDERS 29
1.8 SUMMARY OF CHANGES 30

2 EXECUTIVE SUMMARY 31
2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS 31
2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS 32
2.3 DISRUPTIVE TRENDS IN WAVE ENERGY CONVERTER MARKET 33
2.4 HIGH-GROWTH SEGMENTS 34
2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST 35

3 PREMIUM INSIGHTS 36
3.1 ATTRACTIVE OPPORTUNITIES FOR WAVE ENERGY CONVERTER MARKET PLAYERS 36
3.2 WAVE ENERGY CONVERTER MARKET, BY APPLICATION & REGION 37
3.3 WAVE ENERGY CONVERTER MARKET, BY APPLICATION 37
3.4 WAVE ENERGY CONVERTER MARKET, BY LOCATION 38
3.5 WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY 38
3.6 WAVE ENERGY CONVERTER MARKET, BY COUNTRY 39

4 MARKET OVERVIEW 40
4.1 INTRODUCTION 40
4.2 MARKET DYNAMICS 40
4.2.1 DRIVERS 41
4.2.1.1 Growing focus on marine renewable energy supports demand for wave energy converters 41
4.2.1.2 Increasing decarbonization targets support development of wave energy technologies 42
4.2.2 RESTRAINTS 43
4.2.2.1 High upfront capital expenditure limits commercial deployment of wave energy converters 43
4.2.2.2 Limited commercial-scale deployment of wave energy converters 43
4.2.3 OPPORTUNITIES 44
4.2.3.1 Integration with offshore infrastructure creates opportunities for wave energy converter deployment 44
4.2.3.2 Government funding and programs support wave energy converter commercialization 45
4.2.4 CHALLENGES 45
4.2.4.1 Complex offshore installation and maintenance increases operational complexity of wave energy projects 45
4.3 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES 46
4.4 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS 47

5 INDUSTRY TRENDS 49
5.1 PORTER’S FIVE FORCES ANALYSIS 49
5.1.1 THREAT OF NEW ENTRANTS 50
5.1.2 THREAT OF SUBSTITUTES 51
5.1.3 BARGAINING POWER OF SUPPLIERS 51
5.1.4 BARGAINING POWER OF BUYERS 51
5.1.5 INTENSITY OF COMPETITIVE RIVALRY 51
5.2 MACROECONOMIC OUTLOOK 52
5.2.1 INTRODUCTION 52
5.2.2 GDP TRENDS AND FORECAST 52
5.2.3 TRENDS IN GLOBAL OFFSHORE RENEWABLE ENERGY INDUSTRY 54
5.2.4 TRENDS IN GLOBAL MARINE AND COASTAL INFRASTRUCTURE INDUSTRY 55
5.3 SUPPLY CHAIN ANALYSIS 55
5.4 ECOSYSTEM ANALYSIS 57
5.5 PRICING ANALYSIS 60
5.5.1 PRICING OF WAVE ENERGY CONVERTERS OFFERED BY KEY PLAYERS,
BY APPLICATION 60
5.5.2 AVERAGE SELLING PRICE TREND OF WAVE ENERGY CONVERTERS,
BY REGION, 2023–2025 60
5.6 TRADE ANALYSIS 61
5.6.1 IMPORT SCENARIO (HS CODE 850239) 61
5.6.2 EXPORT SCENARIO (HS CODE 850239) 62
5.7 KEY CONFERENCES AND EVENTS, 2026–2027 63
5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 64
5.9 INVESTMENT AND FUNDING SCENARIO 65
5.10 CASE STUDY ANALYSIS 65
5.10.1 PIONEER WAVE ENERGY CONVERTER DEPLOYMENT TO SUPPORT LONG-DURATION OCEAN OBSERVATION 65
5.10.2 WAVE ENERGY CONVERTER DEPLOYMENT FOR AUTONOMOUS UNDERWATER VEHICLE CHARGING 66
5.10.3 ECO WAVE POWER PORT OF LOS ANGELES PROJECT TO DEMONSTRATE ONSHORE WAVE ENERGY 66
5.11 IMPACT OF US TARIFF – WAVE ENERGY CONVERTER MARKET 66
5.11.1 INTRODUCTION 66
5.11.2 KEY TARIFF RATES 67
5.11.3 PRICE IMPACT ANALYSIS 68
5.11.4 IMPACT ON COUNTRIES/REGIONS 69
5.11.4.1 US 69
5.11.4.2 Europe 69
5.11.4.3 Asia Pacific 69
5.11.4.4 Rest of the World 70
5.11.5 IMPACT ON END USERS 70

6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS 72
6.1 KEY TECHNOLOGIES 72
6.1.1 ADVANCED POWER TAKE-OFF (PTO) SYSTEMS 72
6.2 COMPLEMENTARY TECHNOLOGIES 73
6.2.1 OFFSHORE WIND & HYBRID RENEWABLE PLATFORMS 73
6.2.2 DIGITAL TWIN, SENSORS, & CONDITION-MONITORING SYSTEMS 73
6.3 ADJACENT TECHNOLOGIES 74
6.3.1 OFFSHORE WIND & OTHER MARINE RENEWABLES 74
6.3.2 ENERGY STORAGE & MICROGRID TECHNOLOGIES 74
6.3.3 DESALINATION & WATER TREATMENT 74
6.3.4 MARINE SENSING, OCEAN MONITORING, & AUTONOMOUS SYSTEMS 75
6.3.5 OFFSHORE AQUACULTURE & MARINE INFRASTRUCTURE 75
6.4 TECHNOLOGY ROADMAP 75
6.4.1 FUNDAMENTAL WAVE-ENERGY CAPTURE 75
6.4.2 ADVANCED POWER TAKE-OFF AND ENERGY CONVERSION 76
6.4.3 ADAPTIVE CONTROLS AND PTO-CONTROL CO-DESIGN 76
6.4.4 RELIABILITY, SURVIVABILITY, AND ADVANCED MATERIALS 77
6.4.5 DIGITALIZED WEC SYSTEMS 77
6.4.6 AI-ENABLED ADAPTIVE OPERATION 78
6.4.7 HYBRID WAVE-WIND AND MULTI-USE OFFSHORE PLATFORMS 78
6.4.8 COMMERCIAL-SCALE WEC ARRAYS AND STANDARDIZED PRODUCTS 79
6.5 PATENT ANALYSIS 79
6.6 FUTURE APPLICATIONS 82
6.7 IMPACT OF AI/GEN AI ON WAVE ENERGY CONVERTER MARKET 83
6.7.1 TOP USE CASES AND MARKET POTENTIAL 84
6.7.2 BEST PRACTICES FOLLOWED BY MANUFACTURERS/OEMS IN WAVE ENERGY CONVERTER MARKET 85
6.7.3 CASE STUDIES RELATED TO AI/GEN AI IMPLEMENTATION IN WAVE ENERGY CONVERTER MARKET 85
6.7.4 INTERCONNECTED ECOSYSTEMS AND IMPACT ON MARKET PLAYERS 86
6.7.5 CLIENTS’ READINESS TO ADOPT AI/GEN AI-INTEGRATED WAVE ENERGY CONVERTERS 87

7 REGULATORY LANDSCAPE 88
7.1 REGIONAL REGULATIONS AND COMPLIANCE 88
7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88
7.1.2 INDUSTRY STANDARDS 92

8 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR 94
8.1 DECISION-MAKING PROCESS 94
8.1.1 APPLICATION NEED AND PROJECT IDENTIFICATION 94
8.1.2 SITE AND WAVE-RESOURCE ASSESSMENT 94
8.1.3 TECHNICAL FEASIBILITY AND TECHNOLOGY ASSESSMENT 95
8.1.4 TECHNOLOGY AND SUPPLIER SELECTION 95
8.1.5 ECONOMIC AND TOTAL-COST-OF-OWNERSHIP EVALUATION 95
8.1.6 ENVIRONMENTAL, REGULATORY, AND PERMITTING ASSESSMENT 96
8.1.7 FINANCING, COMMERCIAL STRUCTURE, AND FINAL PROCUREMENT 96
8.2 KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND THEIR EVALUATION CRITERIA 97
8.2.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
8.2.2 BUYING CRITERIA 98
8.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES 99
8.3.1 OVERVIEW 99
8.3.2 HIGH UPFRONT CAPITAL AND PROJECT COSTS 99
8.3.3 LIMITED LONG-TERM OPERATIONAL TRACK RECORD 99
8.3.4 RELIABILITY AND SURVIVABILITY CONCERNS 100
8.3.5 COMPLEX INSTALLATION AND MAINTENANCE 100
8.3.6 LIMITED SUPPORTING INFRASTRUCTURE 100
8.3.7 PERMITTING AND ENVIRONMENTAL REQUIREMENTS 100
8.3.8 FINANCING AND INVESTMENT UNCERTAINTY 101
8.3.9 UNCERTAINTY IN DESALINATION ECONOMICS 101
8.3.10 LIMITED AVAILABILITY OF TESTING AND CERTIFICATION INFRASTRUCTURE 101
8.4 UNMET NEEDS OF VARIOUS END USERS 102
8.5 MARKET PROFITABILITY 103

9 WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY 105
9.1 INTRODUCTION 106
9.2 OSCILLATING WATER COLUMNS 107
9.2.1 ADVANCED GRID-CONNECTED OPERATION AND TURBINE INNOVATION TO DRIVE MARKET 107
9.3 OSCILLATING BODY CONVERTERS 108
9.3.1 POINT ABSORBERS 110
9.3.1.1 Power take-off efficiency and array scalability to drive market 110
9.3.2 ATTENUATORS 111
9.3.2.1 Articulated joint design and control strategies to drive market 111
9.3.3 OSCILLATING WAVE SURGE CONVERTERS 112
9.3.3.1 Hinged-flap survivability and power take-off efficiency to propel market 112
9.3.4 SUBMERGED PRESSURE DIFFERENTIAL DEVICES 113
9.3.4.1 Subsea survivability and simplified installation to support market growth 113
9.4 OVERTOPPING DEVICES 114
9.4.1 HYDRAULIC ENERGY STORAGE AND LOW-HEAD TURBINE EFFICIENCY TO DRIVE MARKET 114
9.5 OTHER TECHNOLOGIES 114

10 WAVE ENERGY CONVERTER MARKET, BY LOCATION 116
10.1 INTRODUCTION 117
10.2 SHORELINE 118
10.2.1 INTEGRATION WITH COASTAL INFRASTRUCTURE SUPPORTS DEPLOYMENT 118
10.3 NEARSHORE 119
10.3.1 GROWING DEPLOYMENT POTENTIAL FOR POWER GENERATION AND OTHER APPLICATIONS TO PROPEL MARKET 119
10.4 OFFSHORE 120
10.4.1 POTENTIAL TO SUPPLY RENEWABLE ELECTRICITY DIRECTLY TO REMOTE OFFSHORE INFRASTRUCTURE TO DRIVE MARKET 120

11 WAVE ENERGY CONVERTER MARKET, BY APPLICATION 122
11.1 INTRODUCTION 123
11.2 POWER GENERATION 124
11.2.1 CONTINUED DEVELOPMENT OF GRID-CONNECTED AND REMOTE-POWER WEC PROJECTS TO SUPPORT MARKET GROWTH 124
11.3 DESALINATION 125
11.3.1 INCREASING NEED FOR FRESHWATER TO SUPPORT ADOPTION 125
11.4 OTHER APPLICATIONS 126

12 WAVE ENERGY CONVERTER MARKET, BY REGION 128
12.1 INTRODUCTION 129
12.2 NORTH AMERICA 131
12.2.1 US 136
12.2.1.1 Growing focus on coastal and marine energy applications to drive market 136
12.2.2 CANADA 137
12.2.2.1 Advancing wave energy technology and commercialization readiness to support market growth 137
12.2.3 MEXICO 138
12.2.3.1 Emerging potential for wave energy development and resource assessment to offer growth opportunities 138
12.3 EUROPE 139
12.3.1 UK 145
12.3.1.1 Strong marine energy R&D ecosystem to propel market 145
12.3.2 PORTUGAL 146
12.3.2.1 Established marine energy testing infrastructure and growing pipeline of commercial-scale projects to drive market 146
12.3.3 FRANCE 147
12.3.3.1 Development of next-generation marine-energy systems to support market growth 147
12.3.4 SPAIN 148
12.3.4.1 Expanding real-sea testing to support market growth 148
12.3.5 REST OF EUROPE 149
12.4 ASIA PACIFIC 150
12.4.1 CHINA 155
12.4.1.1 Moving toward MW-scale wave energy demonstration and marine-energy integration to propel market 155
12.4.2 JAPAN 156
12.4.2.1 Renewed government support for wave energy technology development to drive market 156
12.4.3 REST OF ASIA PACIFIC 157
12.5 REST OF THE WORLD 158
12.5.1 BRAZIL 161
12.5.1.1 National platform for wave energy technology development to support market growth 161
12.5.2 CHILE 162
12.5.2.1 Real-sea testing and marine energy research to support market growth 162
12.5.3 ISRAEL 163
12.5.3.1 Demonstrating grid-connected wave energy and advancing commercial scalability 163

13 COMPETITIVE LANDSCAPE 165
13.1 OVERVIEW 165
13.2 KEY PLAYER COMPETITIVE STRATEGIES/RIGHT TO WIN, JANUARY 2023–AUGUST 2026 165
13.3 MARKET SHARE ANALYSIS, 2025 166
13.4 REVENUE ANALYSIS, 2021–2025 169
13.5 BRAND COMPARISON 170
13.5.1 OCEAN POWER TECHNOLOGIES, INC. (US) 170
13.5.2 CORPOWER OCEAN (SWEDEN) 170
13.5.3 ECO WAVE POWER GLOBAL AB (ISRAEL) 171
13.5.4 CARNEGIE CLEAN ENERGY LTD. (AUSTRALIA) 171
13.5.5 CALWAVE, INC. (US) 171
13.6 COMPANY VALUATION AND FINANCIAL METRICS 171
13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2025 172
13.7.1 STARS 172
13.7.2 EMERGING LEADERS 172
13.7.3 PERVASIVE PLAYERS 172
13.7.4 PARTICIPANTS 172
13.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2025 174
13.7.5.1 Company footprint 174
13.7.5.2 Region footprint 175
13.7.5.3 Technology footprint 176
13.7.5.4 Location footprint 177
13.7.5.5 Application footprint 178
13.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2025 179
13.8.1 PROGRESSIVE COMPANIES 179
13.8.2 RESPONSIVE COMPANIES 179
13.8.3 DYNAMIC COMPANIES 179
13.8.4 STARTING BLOCKS 179
13.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2025 181
13.8.5.1 Detailed list of key startups/SMEs 181
13.8.5.2 Competitive benchmarking of key startups/SMEs 181
13.9 COMPETITIVE SCENARIO 182
13.9.1 PRODUCT LAUNCHES 182
13.9.2 DEALS 183
13.9.3 EXPANSIONS 184
13.9.4 OTHER DEVELOPMENTS 185

14 COMPANY PROFILES 187
14.1 KEY PLAYERS 187
14.1.1 OCEAN POWER TECHNOLOGIES 187
14.1.1.1 Business overview 187
14.1.1.2 Products/Services offered 188
14.1.1.3 Recent developments 189
14.1.1.3.1 Product launches 189
14.1.1.3.2 Expansions 189
14.1.1.3.3 Other developments 190
14.1.1.4 MnM view 191
14.1.1.4.1 Right to win 191
14.1.1.4.2 Strategic choices 191
14.1.1.4.3 Weaknesses & competitive threats 191
14.1.2 ECO WAVE POWER GLOBAL AB 192
14.1.2.1 Business overview 192
14.1.2.2 Products/Services offered 193
14.1.2.3 Recent developments 194
14.1.2.3.1 Product launches 194
14.1.2.3.2 Deals 194
14.1.2.3.3 Expansions 195
14.1.2.3.4 Other developments 196
14.1.2.4 MnM view 198
14.1.2.4.1 Right to win 198
14.1.2.4.2 Strategic choices 198
14.1.2.4.3 Weaknesses & competitive threats 198
14.1.3 CARNEGIE CLEAN ENERGY 199
14.1.3.1 Business overview 199
14.1.3.2 Products/Services offered 200
14.1.3.3 Recent developments 200
14.1.3.3.1 Product launches 200
14.1.3.3.2 Expansions 201
14.1.3.3.3 Other developments 202
14.1.3.4 MnM view 203
14.1.3.4.1 Right to win 203
14.1.3.4.2 Strategic choices 203
14.1.3.4.3 Weaknesses & competitive threats 204
14.1.4 CORPOWER OCEAN 205
14.1.4.1 Business overview 205
14.1.4.2 Products/Services offered 205
14.1.4.3 Recent developments 206
14.1.4.3.1 Product launches 206
14.1.4.3.2 Deals 206
14.1.4.3.3 Expansions 207
14.1.4.3.4 Other developments 208
14.1.4.4 MnM view 209
14.1.4.4.1 Right to win 209
14.1.4.4.2 Strategic choices 209
14.1.4.4.3 Weaknesses & competitive threats 210
14.1.5 MARINE POWER SYSTEMS 211
14.1.5.1 Business overview 211
14.1.5.2 Products/Services offered 211
14.1.5.3 MnM view 212
14.1.5.3.1 Right to win 212
14.1.5.3.2 Strategic choices 212
14.1.5.3.3 Weaknesses & competitive threats 212
14.1.6 INGINE INC. 213
14.1.6.1 Business overview 213
14.1.6.2 Products/Services offered 213
14.1.6.3 Recent developments 214
14.1.6.3.1 Other developments 214
14.1.7 AMOG CONSULTING 215
14.1.7.1 Business overview 215
14.1.7.2 Products/Services offered 216
14.1.8 SINN POWER 217
14.1.8.1 Business overview 217
14.1.8.2 Products/Services offered 217
14.1.8.3 Recent developments 218
14.1.8.3.1 Other developments 218
14.1.9 AQUANET POWER 219
14.1.9.1 Business overview 219
14.1.9.2 Products/Services offered 220
14.1.10 SEABASED 221
14.1.10.1 Business overview 221
14.1.10.2 Products/Services offered 222
14.1.10.2.1 DEALS 222
14.1.11 WAVEPISTON 223
14.1.11.1 Business overview 223
14.1.11.2 Products/Services offered 224
14.1.11.3 Recent developments 224
14.1.11.3.1 Deals 224
14.1.11.3.2 Other developments 225
14.1.12 OCEANENERGY 227
14.1.12.1 Business overview 227
14.1.12.2 Products/Services offered 228
14.1.12.2.1 Deals 228
14.1.12.2.2 Other developments 228
14.1.13 OSCILLA POWER 229
14.1.13.1 Business overview 229
14.1.13.2 Products/Services offered 230
14.1.13.2.1 Other developments 230
14.1.14 AWS OCEAN ENERGY 231
14.1.14.1 Business overview 231
14.1.14.2 Products/Services offered 232
14.1.14.3 Recent developments 232
14.1.14.3.1 Deals 232
14.1.15 CALWAVE 233
14.1.15.1 Business overview 233
14.1.15.2 Products/Services offered 234
14.1.15.3 Recent developments 234
14.1.15.3.1 Expansions 234
14.1.15.3.2 Other developments 235
14.2 OTHER PLAYERS 236
14.2.1 EXOWAVE 236
14.2.2 WAVE DRAGON APS 236
14.2.3 CHECKMATE SEAENERGY LTD. 237
14.2.4 MOCEAN ENERGY 238
14.2.5 WAVE SWELL 239
14.2.6 ARRECIFE ENERGY SYSTEM 239
14.2.7 BOMBORA WAVE POWER 240
14.2.8 ACCUMULATED OCEAN ENERGY INC. 241
14.2.9 HANN-OCEAN CO., LTD. 241
14.2.10 ATARGIS ENERGY CORPORATION 242

15 RESEARCH METHODOLOGY 243
15.1 RESEARCH DATA 243
15.2 SECONDARY AND PRIMARY RESEARCH 244
15.2.1 SECONDARY DATA 244
15.2.1.1 List of key secondary sources 245
15.2.1.2 Key data from secondary sources 245
15.2.2 PRIMARY DATA 245
15.2.2.1 List of primary interview participants 246
15.2.2.2 Key industry insights 246
15.2.2.3 Breakdown of primaries 247
15.2.2.4 Key data from primary sources 247
15.3 MARKET SIZE ESTIMATION 248
15.3.1 BOTTOM-UP APPROACH 248
15.3.2 TOP-DOWN APPROACH 249
15.4 MARKET FORECAST APPROACH 250
15.4.1 DEMAND-SIDE 250
15.4.1.1 Demand-side assumptions 250
15.4.1.2 Demand-side calculations 252
15.4.2 SUPPLY-SIDE 252
15.4.2.1 Supply-side assumptions 253
15.4.2.2 Supply-side calculations 253
15.5 DATA TRIANGULATION 254
15.6 RESEARCH LIMITATIONS 255

16 APPENDIX 256
16.1 INSIGHTS FROM INDUSTRY EXPERTS 256
16.2 DISCUSSION GUIDE 257
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 260
16.4 CUSTOMIZATION OPTIONS 262
16.5 RELATED REPORTS 262
16.6 AUTHOR DETAILS 263

ページTOPに戻る

List of Tables/Graphs

FIGURE 1 WAVE ENERGY CONVERTER MARKET SEGMENTATION AND REGIONAL SCOPE 27.
FIGURE 2 WAVE ENERGY CONVERTER MARKET SCENARIO 31.
FIGURE 3 GLOBAL WAVE ENERGY CONVERTER MARKET SIZE, 2022–2031 32.
FIGURE 4 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS IN WAVE ENERGY CONVERTER MARKET, 2023–2026 32.
FIGURE 5 DISRUPTIONS INFLUENCING GROWTH OF WAVE ENERGY CONVERTER MARKET 33.
FIGURE 6 HIGH-GROWTH SEGMENTS IN WAVE ENERGY CONVERTER MARKET, 2026–2031 34.
FIGURE 7 EUROPE TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 35.
FIGURE 8 GROWING DEMAND FOR RENEWABLE MARINE ENERGY TO DRIVE.
MARKET GROWTH 36.
FIGURE 9 POWER GENERATION SEGMENT DOMINATED WAVE ENERGY CONVERTER MARKET IN 2025 37.
FIGURE 10 POWER GENERATION SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN.
2026 AND 2031 37.
FIGURE 11 OFFSHORE SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2026 AND 2031 38.
FIGURE 12 OSCILLATING WATER COLUMNS SEGMENT TO EXHIBIT HIGHEST CAGR BETWEEN 2026 AND 2031 38.
FIGURE 13 UK TO REGISTER HIGHEST CAGR IN WAVE ENERGY CONVERTER MARKET DURING FORECAST PERIOD 39.
FIGURE 14 WAVE ENERGY CONVERTER MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 40.
FIGURE 15 PACWAVE SOUTH GRID-CONNECTED WAVE ENERGY TESTING CAPACITY, 2026 41.
FIGURE 16 UK DOMESTIC MARITIME DECARBONIZATION GOALS, 2030–2050 42.
FIGURE 17 US WEST COAST FLOATING OFFSHORE WIND POTENTIAL, 2050 44.
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 50.
FIGURE 19 WAVE ENERGY CONVERTER SUPPLY CHAIN ANALYSIS 56.
FIGURE 20 WAVE ENERGY CONVERTER ECOSYSTEM 58.
FIGURE 21 AVERAGE SELLING PRICE TREND OF WAVE ENERGY CONVERTERS, BY REGION, 2023–2025 60.
FIGURE 22 IMPORT DATA FOR HS CODE 850239-COMPLIANT PRODUCTS FOR.
TOP FIVE COUNTRIES, 2021–2025 62.
FIGURE 23 EXPORT DATA FOR HS CODE 850239-COMPLIANT PRODUCTS FOR.
TOP FIVE COUNTRIES, 2021–2025 63.
FIGURE 24 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 64.
FIGURE 25 INVESTMENT AND FUNDING SCENARIO, 2025 65.
FIGURE 26 PATENTS APPLIED AND GRANTED, 2016–2025 80.
FIGURE 27 FUTURE APPLICATIONS OF WAVE ENERGY CONVERTERS 82.
FIGURE 28 DECISION-MAKING FACTORS 97.
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 97.
FIGURE 30 KEY BUYING CRITERIA, BY APPLICATION 98.
FIGURE 31 WAVE ENERGY CONVERTER MARKET SHARE, BY TECHNOLOGY, 2025 106.
FIGURE 32 WAVE ENERGY CONVERTER MARKET SHARE, BY LOCATION, 2025 117.
FIGURE 33 WAVE ENERGY CONVERTER MARKET SHARE, BY APPLICATION, 2025 123.
FIGURE 34 REGIONAL SNAPSHOT: MARKET IN EUROPE TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 129.
FIGURE 35 EUROPE ACCOUNTED FOR LARGEST SHARE OF WAVE ENERGY CONVERTER MARKET IN 2025 130.
FIGURE 36 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET SNAPSHOT 132.
FIGURE 37 EUROPE: WAVE ENERGY CONVERTER MARKET SNAPSHOT 141.
FIGURE 38 MARKET SHARE ANALYSIS OF COMPANIES OFFERING WAVE ENERGY.
CONVERTER, 2025 167.
FIGURE 39 WAVE ENERGY CONVERTER MARKET: REVENUE ANALYSIS OF PLAYERS,.
2021–2025 169.
FIGURE 40 BRAND COMPARATIVE ANALYSIS 170.
FIGURE 41 COMPANY VALUATION 171.
FIGURE 42 FINANCIAL METRICS (EV/EBITDA) 171.
FIGURE 43 WAVE ENERGY CONVERTER MARKET: COMPANY EVALUATION MATRIX.
(KEY PLAYERS), 2025 173.
FIGURE 44 WAVE ENERGY CONVERTER MARKET: COMPANY FOOTPRINT 174.
FIGURE 45 WAVE ENERGY CONVERTER MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2025 180.
FIGURE 46 OCEAN POWER TECHNOLOGIES: COMPANY SNAPSHOT 188.
FIGURE 47 ECO WAVE POWER GLOBAL AB: COMPANY SNAPSHOT 193.
FIGURE 48 CARNEGIE CLEAN ENERGY: COMPANY SNAPSHOT 199.
FIGURE 49 WAVE ENERGY CONVERTER MARKET: RESEARCH DESIGN 244.
FIGURE 50 DATA CAPTURED FROM SECONDARY SOURCES 245.
FIGURE 51 CORE FINDINGS FROM INDUSTRY EXPERTS 246.
FIGURE 52 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,.
AND REGION 247.
FIGURE 53 WAVE ENERGY CONVERTER MARKET: BOTTOM-UP APPROACH 248.
FIGURE 54 WAVE ENERGY CONVERTER MARKET: TOP-DOWN APPROACH 249.
FIGURE 55 KEY METRICS CONSIDERED TO ANALYZE DEMAND FOR WAVE ENERGY CONVERTER MARKET 250.
FIGURE 56 KEY METRICS CONSIDERED TO ASSESS SUPPLY OF WAVE ENERGY.
CONVERTER MARKET 252.
FIGURE 57 INDUSTRY CONCENTRATION, 2025 253.
FIGURE 58 WAVE ENERGY CONVERTER MARKET: DATA TRIANGULATION 254.
FIGURE 59 WAVE ENERGY CONVERTER MARKET: RESEARCH LIMITATIONS 255.
TABLE 1 INTERCONNECTED MARKETS 46.
TABLE 2 KEY MOVES AND STRATEGIC FOCUS OF TIER-1/2/3 PLAYERS 47.
TABLE 3 IMPACT OF PORTER’S FIVE FORCES ANALYSIS 49.
TABLE 4 GDP PERCENTAGE CHANGE, BY COUNTRY, 2021–2029 53.
TABLE 5 ROLE OF COMPANIES IN WAVE ENERGY CONVERTER ECOSYSTEM 58.
TABLE 6 PRICING OF WAVE ENERGY CONVERTERS OFFERED BY KEY PLAYERS,.
BY APPLICATION 60.
TABLE 7 IMPORT DATA FOR HS CODE 850239-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2025 (USD MILLION) 61.
TABLE 8 EXPORT DATA FOR HS CODE 850239-COMPLIANT PRODUCTS, BY COUNTRY, 2021–2025 (USD MILLION) 62.
TABLE 9 LIST OF KEY CONFERENCES AND EVENTS, 2026–2027 63.
TABLE 10 US-ADJUSTED RECIPROCAL TARIFF RATES, 2025 67.
TABLE 11 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON APPLICATIONS.
DUE TO TARIFF IMPACT 68.
TABLE 12 WAVE ENERGY CONVERTER MARKET: LIST OF KEY PATENTS 81.
TABLE 13 FUTURE APPLICATIONS OF WAVE ENERGY CONVERTERS 83.
TABLE 14 KEY USE CASES AND MARKET POTENTIAL 84.
TABLE 15 BEST PRACTICES FOLLOWED BY MAJOR COMPANIES 85.
TABLE 16 CASE STUDIES RELATED TO AI/GEN AI IMPLEMENTATION 85.
TABLE 17 INTERCONNECTED ECOSYSTEMS AND IMPACT ON WAVE ENERGY CONVERTER MARKET PLAYERS 86.
TABLE 18 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 88.
TABLE 19 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89.
TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90.
TABLE 21 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91.
TABLE 22 KEY INDUSTRY STANDARDS FOR WAVE ENERGY CONVERTER MARKET 92.
TABLE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%) 98.
TABLE 24 BUYING CRITERIA, BY APPLICATION 99.
TABLE 25 WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2022–2025 (USD THOUSAND) 106.
TABLE 26 WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2026–2031 (USD THOUSAND) 107.
TABLE 27 OSCILLATING WATER COLUMNS: WAVE ENERGY CONVERTER MARKET, BY REGION, 2022–2025 (USD THOUSAND) 107.
TABLE 28 OSCILLATING WATER COLUMNS: WAVE ENERGY CONVERTER MARKET, BY REGION, 2026–2031 (USD THOUSAND) 108.
TABLE 29 OSCILLATING BODY CONVERTERS: WAVE ENERGY CONVERTER MARKET,.
BY REGION, 2022–2025 (USD THOUSAND) 108.
TABLE 30 OSCILLATING BODY CONVERTERS: WAVE ENERGY CONVERTER MARKET,.
BY REGION, 2026–2031 (USD THOUSAND) 109.
TABLE 31 OSCILLATING BODY CONVERTERS: WAVE ENERGY CONVERTER MARKET, BY TYPE, 2022–2025 (USD THOUSAND) 109.
TABLE 32 OSCILLATING BODY CONVERTERS: WAVE ENERGY CONVERTER MARKET, BY TYPE, 2026–2031 (USD THOUSAND) 109.
TABLE 33 POINT ABSORBERS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 110.
TABLE 34 POINT ABSORBERS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 110.
TABLE 35 ATTENUATORS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 111.
TABLE 36 ATTENUATORS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 111.
TABLE 37 OSCILLATING WAVE SURGE CONVERTERS: WAVE ENERGY CONVERTER MARKET, BY REGION, 2022–2025 (USD THOUSAND) 112.
TABLE 38 OSCILLATING WAVE SURGE CONVERTERS: WAVE ENERGY CONVERTER MARKET, BY REGION, 2026–2031 (USD THOUSAND) 112.
TABLE 39 SUBMERGED PRESSURE DIFFERENTIAL DEVICES: WAVE ENERGY CONVERTER MARKET, BY REGION, 2022–2025 (USD THOUSAND) 113.
TABLE 40 SUBMERGED PRESSURE DIFFERENTIAL DEVICES: WAVE ENERGY CONVERTER MARKET, BY REGION, 2026–2031 (USD THOUSAND) 113.
TABLE 41 OTHER TECHNOLOGIES: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 115.
TABLE 42 OTHER TECHNOLOGIES: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 115.
TABLE 43 WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2022–2025 (USD THOUSAND) 117.
TABLE 44 WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2026–2031 (USD THOUSAND) 117.
TABLE 45 SHORELINE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 118.
TABLE 46 SHORELINE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 118.
TABLE 47 NEARSHORE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 119.
TABLE 48 NEARSHORE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 120.
TABLE 49 OFFSHORE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 120.
TABLE 50 OFFSHORE: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 121.
TABLE 51 WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 123.
TABLE 52 WAVE ENERGY CONVERTER MARKET: BY APPLICATION,.
2026–2031 (USD THOUSAND) 124.
TABLE 53 POWER GENERATION: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 124.
TABLE 54 POWER GENERATION: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 125.
TABLE 55 DESALINATION: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 126.
TABLE 56 DESALINATION: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 126.
TABLE 57 OTHER APPLICATIONS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2022–2025 (USD THOUSAND) 127.
TABLE 58 OTHER APPLICATIONS: WAVE ENERGY CONVERTER MARKET, BY REGION,.
2026–2031 (USD THOUSAND) 127.
TABLE 59 WAVE ENERGY CONVERTER MARKET, BY REGION, 2022–2025 (KW) 130.
TABLE 60 WAVE ENERGY CONVERTER MARKET, BY REGION, 2026–2031 (KW) 130.
TABLE 61 WAVE ENERGY CONVERTER MARKET, BY REGION, 2022–2025 (USD THOUSAND) 131.
TABLE 62 WAVE ENERGY CONVERTER MARKET, BY REGION, 2026–2031 (USD THOUSAND) 131.
TABLE 63 NORTH AMERICA: WAVE ENERGY CONVERTER PROJECT LIST 132.
TABLE 64 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2022–2025 (USD THOUSAND) 133.
TABLE 65 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2026–2031 (USD THOUSAND) 133.
TABLE 66 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2022–2025 (USD THOUSAND) 133.
TABLE 67 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2026–2031 (USD THOUSAND) 134.
TABLE 68 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2022–2025 (USD THOUSAND) 134.
TABLE 69 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2026–2031 (USD THOUSAND) 134.
TABLE 70 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 135.
TABLE 71 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 135.
TABLE 72 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2022–2025 (USD THOUSAND) 135.
TABLE 73 NORTH AMERICA: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2026–2031 (USD THOUSAND) 136.
TABLE 74 US: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 136.
TABLE 75 US: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 137.
TABLE 76 CANADA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 137.
TABLE 77 CANADA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 138.
TABLE 78 MEXICO: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 138.
TABLE 79 MEXICO: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 139.
TABLE 80 EUROPE: WAVE ENERGY CONVERTER PROJECT LIST 139.
TABLE 81 EUROPE: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2022–2025 (USD THOUSAND) 142.
TABLE 82 EUROPE: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2026–2031 (USD THOUSAND) 142.
TABLE 83 EUROPE: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2022–2025 (USD THOUSAND) 142.
TABLE 84 EUROPE: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2026–2031 (USD THOUSAND) 143.
TABLE 85 EUROPE: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2022–2025 (USD THOUSAND) 143.
TABLE 86 EUROPE WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2026–2031 (USD THOUSAND) 143.
TABLE 87 EUROPE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 144.
TABLE 88 EUROPE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 144.
TABLE 89 EUROPE: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2022–2025 (USD THOUSAND) 144.
TABLE 90 EUROPE: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2026–2031 (USD THOUSAND) 145.
TABLE 91 UK: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 146.
TABLE 92 UK: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 146.
TABLE 93 PORTUGAL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 147.
TABLE 94 PORTUGAL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 147.
TABLE 95 FRANCE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 148.
TABLE 96 FRANCE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 148.
TABLE 97 SPAIN: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 149.
TABLE 98 SPAIN: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 149.
TABLE 99 REST OF EUROPE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 150.
TABLE 100 REST OF EUROPE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 150.
TABLE 101 ASIA PACIFIC: WAVE ENERGY CONVERTER PROJECT LIST 151.
TABLE 102 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2022–2025 (USD THOUSAND) 151.
TABLE 103 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2026–2031 (USD THOUSAND) 152.
TABLE 104 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2022–2025 (USD THOUSAND) 152.
TABLE 105 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2026–2031 (USD THOUSAND) 152.
TABLE 106 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2022–2025 (USD THOUSAND) 153.
TABLE 107 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2026–2031 (USD THOUSAND) 153.
TABLE 108 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 153.
TABLE 109 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 154.
TABLE 110 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2022–2025 (USD THOUSAND) 154.
TABLE 111 ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2026–2031 (USD THOUSAND) 154.
TABLE 112 CHINA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 155.
TABLE 113 CHINA: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 155.
TABLE 114 JAPAN: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 156.
TABLE 115 JAPAN: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 156.
TABLE 116 REST OF ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY APPLICATION, 2022–2025 (USD THOUSAND) 157.
TABLE 117 REST OF ASIA PACIFIC: WAVE ENERGY CONVERTER MARKET, BY APPLICATION, 2026–2031 (USD THOUSAND) 157.
TABLE 118 ROW: WAVE ENERGY CONVERTER PROJECT LIST 158.
TABLE 119 ROW: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2022–2025 (USD THOUSAND) 158.
TABLE 120 ROW: WAVE ENERGY CONVERTER MARKET, BY TECHNOLOGY,.
2026–2031 (USD THOUSAND) 159.
TABLE 121 ROW: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2022–2025 (USD THOUSAND) 159.
TABLE 122 ROW: WAVE ENERGY CONVERTER MARKET FOR OSCILLATING BODY CONVERTERS, BY TYPE, 2026–2031 (USD THOUSAND) 159.
TABLE 123 ROW: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2022–2025 (USD THOUSAND) 160.
TABLE 124 ROW: WAVE ENERGY CONVERTER MARKET, BY LOCATION,.
2026–2031 (USD THOUSAND) 160.
TABLE 125 ROW: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 160.
TABLE 126 ROW: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 160.
TABLE 127 ROW: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2022–2025 (USD THOUSAND) 161.
TABLE 128 ROW: WAVE ENERGY CONVERTER MARKET, BY COUNTRY,.
2026–2031 (USD THOUSAND) 161.
TABLE 129 BRAZIL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 162.
TABLE 130 BRAZIL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 162.
TABLE 131 CHILE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 163.
TABLE 132 CHILE: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 163.
TABLE 133 ISRAEL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2022–2025 (USD THOUSAND) 164.
TABLE 134 ISRAEL: WAVE ENERGY CONVERTER MARKET, BY APPLICATION,.
2026–2031 (USD THOUSAND) 164.
TABLE 135 WAVE ENERGY CONVERTER MARKET: OVERVIEW OF STRATEGIES ADOPTED.
BY KEY PLAYERS, JANUARY 2023–AUGUST 2026 165.
TABLE 136 WAVE ENERGY CONVERTER MARKET: DEGREE OF COMPETITION, 2025 166.
TABLE 137 WAVE ENERGY CONVERTER MARKET: REGION FOOTPRINT 175.
TABLE 138 WAVE ENERGY CONVERTER MARKET: TECHNOLOGY FOOTPRINT 176.
TABLE 139 WAVE ENERGY CONVERTER MARKET: LOCATION FOOTPRINT 177.
TABLE 140 WAVE ENERGY CONVERTER MARKET: APPLICATION FOOTPRINT 178.
TABLE 141 WAVE ENERGY CONVERTER MARKET: DETAILED LIST OF KEY STARTUPS/SMES 181.
TABLE 142 WAVE ENERGY CONVERTER MARKET: COMPETITIVE BENCHMARKING.
OF KEY STARTUPS/SMES 181.
TABLE 143 WAVE ENERGY CONVERTER MARKET: PRODUCT LAUNCHES,.
JANUARY 2023–AUGUST 2026 182.
TABLE 144 WAVE ENERGY CONVERTER MARKET: DEALS, JANUARY 2023–AUGUST 2026 183.
TABLE 145 WAVE ENERGY CONVERTER MARKET: EXPANSIONS,.
JANUARY 2023–AUGUST 2026 184.
TABLE 146 WAVE ENERGY CONVERTER MARKET: OTHER DEVELOPMENTS,.
JANUARY 2023–AUGUST 2026 185.
TABLE 147 OCEAN POWER TECHNOLOGIES: BUSINESS OVERVIEW 187.
TABLE 148 OCEAN POWER TECHNOLOGIES: PRODUCTS/SERVICES OFFERED 188.
TABLE 149 OCEAN POWER TECHNOLOGIES: PRODUCT LAUNCHES 189.
TABLE 150 OCEAN POWER TECHNOLOGIES: EXPANSIONS 189.
TABLE 151 OCEAN POWER TECHNOLOGIES: OTHER DEVELOPMENTS 190.
TABLE 152 ECO WAVE POWER GLOBAL AB: BUSINESS OVERVIEW 192.
TABLE 153 ECO WAVE POWER GLOBAL AB: PRODUCTS/SERVICES OFFERED 193.
TABLE 154 ECO WAVE POWER GLOBAL AB: PRODUCT LAUNCHES 194.
TABLE 155 ECO WAVE POWER GLOBAL AB: DEALS 194.
TABLE 156 ECO WAVE POWER GLOBAL AB: EXPANSIONS 195.
TABLE 157 ECO WAVE POWER GLOBAL AB: OTHER DEVELOPMENTS 196.
TABLE 158 CARNEGIE CLEAN ENERGY: BUSINESS OVERVIEW 199.
TABLE 159 CARNEGIE CLEAN ENERGY: PRODUCTS/SERVICES OFFERED 200.
TABLE 160 CARNEGIE CLEAN ENERGY: PRODUCT LAUNCHES 200.
TABLE 161 CARNEGIE CLEAN ENERGY: EXPANSIONS 201.
TABLE 162 CARNEGIE CLEAN ENERGY: OTHER DEVELOPMENTS 202.
TABLE 163 CORPOWER OCEAN: BUSINESS OVERVIEW 205.
TABLE 164 CORPOWER OCEAN: PRODUCTS/SERVICES OFFERED 205.
TABLE 165 CORPOWER OCEAN: PRODUCT LAUNCHES 206.
TABLE 166 CORPOWER OCEAN: DEALS 206.
TABLE 167 CORPOWER OCEAN: EXPANSIONS 207.
TABLE 168 CORPOWER OCEAN: OTHER DEVELOPMENTS 208.
TABLE 169 MARINE POWER SYSTEMS: BUSINESS OVERVIEW 211.
TABLE 170 MARINE POWER SYSTEMS: PRODUCTS/SERVICES OFFERED 211.
TABLE 171 INGINE INC.: BUSINESS OVERVIEW 213.
TABLE 172 INGINE INC: PRODUCTS/SERVICES OFFERED 213.
TABLE 173 INGINE INC: OTHER DEVELOPMENTS 214.
TABLE 174 AMOG CONSULTING: BUSINESS OVERVIEW 215.
TABLE 175 AMOG CONSULTING: PRODUCTS/SERVICES OFFERED 216.
TABLE 176 SINN POWER: BUSINESS OVERVIEW 217.
TABLE 177 SINN POWER: PRODUCTS/SERVICES OFFERED 217.
TABLE 178 SINN POWER: OTHER DEVELOPMENTS 218.
TABLE 179 AQUANET POWER: BUSINESS OVERVIEW 219.
TABLE 180 AQUANET POWER: PRODUCTS/SERVICES OFFERED 220.
TABLE 181 SEABASED: BUSINESS OVERVIEW 221.
TABLE 182 SEABASED: PRODUCTS/SERVICES OFFERED 222.
TABLE 183 SEABASED: DEALS 222.
TABLE 184 WAVEPISTON: BUSINESS OVERVIEW 223.
TABLE 185 WAVEPISTON: PRODUCTS/SERVICES OFFERED 224.
TABLE 186 WAVEPISTON: DEALS 224.
TABLE 187 WAVEPISTON: OTHER DEVELOPMENTS 225.
TABLE 188 OCEANENERGY: BUSINESS OVERVIEW 227.
TABLE 189 OCEANENERGY: PRODUCTS/SERVICES OFFERED 228.
TABLE 190 OCEANENERGY: DEALS 228.
TABLE 191 OCEANENERGY: OTHER DEVELOPMENTS 228.
TABLE 192 OSCILLA POWER: BUSINESS OVERVIEW 229.
TABLE 193 OSCILLA POWER: PRODUCTS/SERVICES OFFERED 230.
TABLE 194 OSCILLA POWER: OTHER DEVELOPMENTS 230.
TABLE 195 AWS OCEAN ENERGY: BUSINESS OVERVIEW 231.
TABLE 196 AWS OCEAN ENERGY: PRODUCTS/SERVICES OFFERED 232.
TABLE 197 AWS OCEAN ENERGY: DEALS 232.
TABLE 198 CALWAVE: BUSINESS OVERVIEW 233.
TABLE 199 CALWAVE: PRODUCTS/SERVICES OFFERED 234.
TABLE 200 CALWAVE: EXPANSIONS 234.
TABLE 201 CALWAVE: OTHER DEVELOPMENTS 235.
TABLE 202 EXOWAVE: COMPANY OVERVIEW 236.
TABLE 203 WAVE DRAGON APS: COMPANY OVERVIEW 236.
TABLE 204 CHECKMATE SEAENERGY LTD.: COMPANY OVERVIEW 237.
TABLE 205 MOCEAN ENERGY: COMPANY OVERVIEW 238.
TABLE 206 WAVE SWELL: COMPANY OVERVIEW 239.
TABLE 207 ARRECIFE ENERGY SYSTEM: COMPANY OVERVIEW 239.
TABLE 208 BOMBORA WAVE POWER: COMPANY OVERVIEW 240.
TABLE 209 ACCUMULATED OCEAN ENERGY INC.: COMPANY OVERVIEW 241.
TABLE 210 HANN-OCEAN CO., LTD.: COMPANY OVERVIEW 241.
TABLE 211 ATARGIS ENERGY CORPORATION: COMPANY OVERVIEW 242.
TABLE 212 KEY SECONDARY SOURCES 245.
TABLE 213 PRIMARY INTERVIEW PARTICIPANTS 246.
TABLE 214 DATA CAPTURED FROM PRIMARY SOURCES 247.