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Global Wave Power Generation Equipment Market Research Report 2025
Synopsis
Wave energy (or wave power) is the transport and capture of energy by ocean surface waves. The energy captured is then used for all different kinds of useful work, including electricity generation, water desalination, and pumping of water. Wave energy is also a type of renewable energy and is the largest estimated global resource form of ocean energy. The amount of power available in the movement of ocean waves has inspired many engineers to develop machines and devices to capture and use this free oceanic power. In certain parts of the world’s oceans the amount of wave energy is vast, so the development of wave energy devices to exploit the the inherent oscillatory nature of ocean waves for electrical energy generation. Waves have the potential to provide a completely sustainable source of energy, which can be captured and converted into electricity by wave power generation machines. These machines have been developed to extract energy from shoreline out to the deeper waters offshore including: attenuator, point absorber, oscillating wave surge converter, oscillating water column, overtopping/terminator device, submerged pressure differential, bulge wave etc.
The global Wave Power Generation Equipment market was valued at US$ 27 million in 2023 and is anticipated to reach US$ 118.7 million by 2030, witnessing a CAGR of 21.1% during the forecast period 2024-2030.
Global key players of Wave Power Generation Equipment include C-Power, AW-Energy and Hann-Ocean, etc. Global top three manufacturers hold a share over 30%. Europe is the largest producer of Wave Power Generation Equipment, with a share over 40%, followed by North America and Australia.
This report aims to provide a comprehensive presentation of the global market for Wave Power Generation Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wave Power Generation Equipment.
Report Scope
The Wave Power Generation Equipment market size, estimations, and forecasts are provided in terms of output/shipments (kW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wave Power Generation Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wave Power Generation Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
C-Power
AW-Energy
Hann-Ocean
AWS Ocean Energy
Bombora Wave Power
Wello
Oscilla Power
Mocean Energy
Wave Swell Energy
SINN Power
Ocean Power Technologies (OPT)
CorPower Ocean
Segment by Type
Attenuators
Point Absorbers
Oscillating Wave Surge Converters
Oscillating Water Columns
Others
Segment by Application
Utility Grid
Industrial
Science and Research
Oil and Gas
Defense and Security
Others
Production by Region
North America
Europe
Australia
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wave Power Generation Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wave Power Generation Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wave Power Generation Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Wave energy (or wave power) is the transport and capture of energy by ocean surface waves. The energy captured is then used for all different kinds of useful work, including electricity generation, water desalination, and pumping of water. Wave energy is also a type of renewable energy and is the largest estimated global resource form of ocean energy. The amount of power available in the movement of ocean waves has inspired many engineers to develop machines and devices to capture and use this free oceanic power. In certain parts of the world’s oceans the amount of wave energy is vast, so the development of wave energy devices to exploit the the inherent oscillatory nature of ocean waves for electrical energy generation. Waves have the potential to provide a completely sustainable source of energy, which can be captured and converted into electricity by wave power generation machines. These machines have been developed to extract energy from shoreline out to the deeper waters offshore including: attenuator, point absorber, oscillating wave surge converter, oscillating water column, overtopping/terminator device, submerged pressure differential, bulge wave etc.
The global Wave Power Generation Equipment market was valued at US$ 27 million in 2023 and is anticipated to reach US$ 118.7 million by 2030, witnessing a CAGR of 21.1% during the forecast period 2024-2030.
Global key players of Wave Power Generation Equipment include C-Power, AW-Energy and Hann-Ocean, etc. Global top three manufacturers hold a share over 30%. Europe is the largest producer of Wave Power Generation Equipment, with a share over 40%, followed by North America and Australia.
This report aims to provide a comprehensive presentation of the global market for Wave Power Generation Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wave Power Generation Equipment.
Report Scope
The Wave Power Generation Equipment market size, estimations, and forecasts are provided in terms of output/shipments (kW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Wave Power Generation Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wave Power Generation Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
C-Power
AW-Energy
Hann-Ocean
AWS Ocean Energy
Bombora Wave Power
Wello
Oscilla Power
Mocean Energy
Wave Swell Energy
SINN Power
Ocean Power Technologies (OPT)
CorPower Ocean
Segment by Type
Attenuators
Point Absorbers
Oscillating Wave Surge Converters
Oscillating Water Columns
Others
Segment by Application
Utility Grid
Industrial
Science and Research
Oil and Gas
Defense and Security
Others
Production by Region
North America
Europe
Australia
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wave Power Generation Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wave Power Generation Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wave Power Generation Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Wave Power Generation Equipment Market Overview
1.1 Product Definition
1.2 Wave Power Generation Equipment Segment by Type
1.2.1 Global Wave Power Generation Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Attenuators
1.2.3 Point Absorbers
1.2.4 Oscillating Wave Surge Converters
1.2.5 Oscillating Water Columns
1.2.6 Others
1.3 Wave Power Generation Equipment Segment by Application
1.3.1 Global Wave Power Generation Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Utility Grid
1.3.3 Industrial
1.3.4 Science and Research
1.3.5 Oil and Gas
1.3.6 Defense and Security
1.3.7 Others
1.4 Global Market Growth Prospects
1.4.1 Global Wave Power Generation Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Wave Power Generation Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Wave Power Generation Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Wave Power Generation Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wave Power Generation Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Wave Power Generation Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Wave Power Generation Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Wave Power Generation Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Wave Power Generation Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Wave Power Generation Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wave Power Generation Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Wave Power Generation Equipment, Date of Enter into This Industry
2.9 Wave Power Generation Equipment Market Competitive Situation and Trends
2.9.1 Wave Power Generation Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wave Power Generation Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wave Power Generation Equipment Production by Region
3.1 Global Wave Power Generation Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Wave Power Generation Equipment Production Value by Region (2019-2030)
3.2.1 Global Wave Power Generation Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Wave Power Generation Equipment by Region (2025-2030)
3.3 Global Wave Power Generation Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Wave Power Generation Equipment Production by Region (2019-2030)
3.4.1 Global Wave Power Generation Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Wave Power Generation Equipment by Region (2025-2030)
3.5 Global Wave Power Generation Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Wave Power Generation Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Wave Power Generation Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Wave Power Generation Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 Australia Wave Power Generation Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 China Wave Power Generation Equipment Production Value Estimates and Forecasts (2019-2030)
4 Wave Power Generation Equipment Consumption by Region
4.1 Global Wave Power Generation Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Wave Power Generation Equipment Consumption by Region (2019-2030)
4.2.1 Global Wave Power Generation Equipment Consumption by Region (2019-2024)
4.2.2 Global Wave Power Generation Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Wave Power Generation Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Wave Power Generation Equipment Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wave Power Generation Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Wave Power Generation Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Wave Power Generation Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Wave Power Generation Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wave Power Generation Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Wave Power Generation Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Wave Power Generation Equipment Production by Type (2019-2030)
5.1.1 Global Wave Power Generation Equipment Production by Type (2019-2024)
5.1.2 Global Wave Power Generation Equipment Production by Type (2025-2030)
5.1.3 Global Wave Power Generation Equipment Production Market Share by Type (2019-2030)
5.2 Global Wave Power Generation Equipment Production Value by Type (2019-2030)
5.2.1 Global Wave Power Generation Equipment Production Value by Type (2019-2024)
5.2.2 Global Wave Power Generation Equipment Production Value by Type (2025-2030)
5.2.3 Global Wave Power Generation Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Wave Power Generation Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Wave Power Generation Equipment Production by Application (2019-2030)
6.1.1 Global Wave Power Generation Equipment Production by Application (2019-2024)
6.1.2 Global Wave Power Generation Equipment Production by Application (2025-2030)
6.1.3 Global Wave Power Generation Equipment Production Market Share by Application (2019-2030)
6.2 Global Wave Power Generation Equipment Production Value by Application (2019-2030)
6.2.1 Global Wave Power Generation Equipment Production Value by Application (2019-2024)
6.2.2 Global Wave Power Generation Equipment Production Value by Application (2025-2030)
6.2.3 Global Wave Power Generation Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Wave Power Generation Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 C-Power
7.1.1 C-Power Wave Power Generation Equipment Corporation Information
7.1.2 C-Power Wave Power Generation Equipment Product Portfolio
7.1.3 C-Power Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 C-Power Main Business and Markets Served
7.1.5 C-Power Recent Developments/Updates
7.2 AW-Energy
7.2.1 AW-Energy Wave Power Generation Equipment Corporation Information
7.2.2 AW-Energy Wave Power Generation Equipment Product Portfolio
7.2.3 AW-Energy Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 AW-Energy Main Business and Markets Served
7.2.5 AW-Energy Recent Developments/Updates
7.3 Hann-Ocean
7.3.1 Hann-Ocean Wave Power Generation Equipment Corporation Information
7.3.2 Hann-Ocean Wave Power Generation Equipment Product Portfolio
7.3.3 Hann-Ocean Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Hann-Ocean Main Business and Markets Served
7.3.5 Hann-Ocean Recent Developments/Updates
7.4 AWS Ocean Energy
7.4.1 AWS Ocean Energy Wave Power Generation Equipment Corporation Information
7.4.2 AWS Ocean Energy Wave Power Generation Equipment Product Portfolio
7.4.3 AWS Ocean Energy Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 AWS Ocean Energy Main Business and Markets Served
7.4.5 AWS Ocean Energy Recent Developments/Updates
7.5 Bombora Wave Power
7.5.1 Bombora Wave Power Wave Power Generation Equipment Corporation Information
7.5.2 Bombora Wave Power Wave Power Generation Equipment Product Portfolio
7.5.3 Bombora Wave Power Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bombora Wave Power Main Business and Markets Served
7.5.5 Bombora Wave Power Recent Developments/Updates
7.6 Wello
7.6.1 Wello Wave Power Generation Equipment Corporation Information
7.6.2 Wello Wave Power Generation Equipment Product Portfolio
7.6.3 Wello Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Wello Main Business and Markets Served
7.6.5 Wello Recent Developments/Updates
7.7 Oscilla Power
7.7.1 Oscilla Power Wave Power Generation Equipment Corporation Information
7.7.2 Oscilla Power Wave Power Generation Equipment Product Portfolio
7.7.3 Oscilla Power Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Oscilla Power Main Business and Markets Served
7.7.5 Oscilla Power Recent Developments/Updates
7.8 Mocean Energy
7.8.1 Mocean Energy Wave Power Generation Equipment Corporation Information
7.8.2 Mocean Energy Wave Power Generation Equipment Product Portfolio
7.8.3 Mocean Energy Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Mocean Energy Main Business and Markets Served
7.7.5 Mocean Energy Recent Developments/Updates
7.9 Wave Swell Energy
7.9.1 Wave Swell Energy Wave Power Generation Equipment Corporation Information
7.9.2 Wave Swell Energy Wave Power Generation Equipment Product Portfolio
7.9.3 Wave Swell Energy Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Wave Swell Energy Main Business and Markets Served
7.9.5 Wave Swell Energy Recent Developments/Updates
7.10 SINN Power
7.10.1 SINN Power Wave Power Generation Equipment Corporation Information
7.10.2 SINN Power Wave Power Generation Equipment Product Portfolio
7.10.3 SINN Power Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 SINN Power Main Business and Markets Served
7.10.5 SINN Power Recent Developments/Updates
7.11 Ocean Power Technologies (OPT)
7.11.1 Ocean Power Technologies (OPT) Wave Power Generation Equipment Corporation Information
7.11.2 Ocean Power Technologies (OPT) Wave Power Generation Equipment Product Portfolio
7.11.3 Ocean Power Technologies (OPT) Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Ocean Power Technologies (OPT) Main Business and Markets Served
7.11.5 Ocean Power Technologies (OPT) Recent Developments/Updates
7.12 CorPower Ocean
7.12.1 CorPower Ocean Wave Power Generation Equipment Corporation Information
7.12.2 CorPower Ocean Wave Power Generation Equipment Product Portfolio
7.12.3 CorPower Ocean Wave Power Generation Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 CorPower Ocean Main Business and Markets Served
7.12.5 CorPower Ocean Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wave Power Generation Equipment Industry Chain Analysis
8.2 Wave Power Generation Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wave Power Generation Equipment Production Mode & Process
8.4 Wave Power Generation Equipment Sales and Marketing
8.4.1 Wave Power Generation Equipment Sales Channels
8.4.2 Wave Power Generation Equipment Distributors
8.5 Wave Power Generation Equipment Customers
9 Wave Power Generation Equipment Market Dynamics
9.1 Wave Power Generation Equipment Industry Trends
9.2 Wave Power Generation Equipment Market Drivers
9.3 Wave Power Generation Equipment Market Challenges
9.4 Wave Power Generation Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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