파력 및 조력 에너지 시장 기회, 성장요인, 업계 동향 분석 및 예측(2026-2035년)

The Global Wave & Tidal Energy Market was valued at USD 1.82 billion in 2025 and is estimated to grow at a CAGR of 9.2% to reach USD 4.07 billion by 2035.

Market expansion is supported by continuous progress in marine energy technologies, including improved energy conversion systems, advanced deployment methods, and the use of next-generation materials that enhance durability and performance. These developments are helping lower operational costs while improving system efficiency, making marine-based renewable energy increasingly viable for commercial use. Wave and tidal energy are generated from natural ocean motion, with wave systems utilizing surface movement and tidal systems capturing consistent underwater currents driven by astronomical forces. These sources deliver clean and predictable electricity with very low emissions, aligning closely with global sustainability and decarbonization objectives. Strong public-sector funding through structured financial programs is reinforcing industry confidence, enabling demonstration projects, and supporting scalable deployment. Policy frameworks and long-term energy planning are further encouraging adoption, positioning wave and tidal technologies as an increasingly important part of the global renewable energy portfolio.

The power generation segment held 74.4% share in 2025 and is forecast to grow at a CAGR of 9.1% through 2035. Rising commitments to emission reduction and energy diversification are driving demand for marine-based power generation, which offers consistent output and complements other renewable sources.

North America Wave & Tidal Energy Market reached USD 76.2 million in 2025. Regional growth is being supported by favorable regulatory frameworks and increased public investment aimed at strengthening clean energy infrastructure and accelerating commercialization across coastal regions.

Key companies operating in the Global Wave & Tidal Energy Market include Carnegie Clean Energy, Andritz Hydro, Orbital Marine Power, Minesto, CorPower Ocean, Ocean Renewable Power Company, Eco Wave Power Global, Mocean Energy, BioPower Systems, Inyanga Marine Energy Group, Wave Swell Energy, SINN Power, AquaWave & Tidal Power, Nova Innovations, Oscilla Power, Wavepiston, Novige, INGINE, Ocean Energy Systems, Voltai, and SSE Renewables. Companies active in the Wave & Tidal Energy Market are reinforcing their market position through sustained investment in research, technology optimization, and pilot-scale deployments. Many players are focusing on improving system efficiency and durability to reduce lifecycle costs and enhance commercial viability. Strategic partnerships with utilities, research institutions, and government bodies support project development and funding access. Firms are also expanding geographically to tap into favorable coastal regions while standardizing modular designs to simplify installation and maintenance.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Research design
  • 1.1.1 Research approach
  • 1.1.2 Data collection methods
• 1.2 Base estimates and calculations
  • 1.2.1 Base year calculation
  • 1.2.2 Market estimates & forecast parameters
• 1.3 Forecast
  • 1.3.1 Key trends for market estimates
    • 1.3.1.1 Quantified market impact analysis
  • 1.3.2 Mathematical impact of growth parameters on forecast
  • 1.3.3 Scenario analysis framework
• 1.4 Primary research and validation
  • 1.4.1 Some of the primary sources (but not limited to)
• 1.5 Data mining sources
  • 1.5.1 Paid Sources
  • 1.5.2 Sources, by region
• 1.6 Research trail & scoring components
  • 1.6.1 Research trail components
  • 1.6.2 Scoring components
• 1.7 Research transparency addendum
  • 1.7.1 Source attribution framework
  • 1.7.2 Quality assurance metrics
  • 1.7.3 Our commitment to trust
• 1.8 Market definitions

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2022 - 2035
• 2.2 Business trends
• 2.3 Application trends
• 2.4 Regional trends

Chapter 3 Industry Insights

• 3.1 Industry ecosystem
  • 3.1.1 Raw material availability & sourcing analysis
  • 3.1.2 Manufacturing capacity assessment
  • 3.1.3 Supply chain resilience & risk factors
  • 3.1.4 Distribution network analysis
• 3.2 Regulatory landscape
• 3.3 Industry impact forces
  • 3.3.1 Growth drivers
  • 3.3.2 Industry pitfalls & challenges
• 3.4 Growth potential analysis
• 3.5 Cost structure analysis
• 3.6 Porter';s analysis
  • 3.6.1 Bargaining power of suppliers
  • 3.6.2 Bargaining power of buyers
  • 3.6.3 Threat of new entrants
  • 3.6.4 Threat of substitutes
• 3.7 PESTEL analysis
  • 3.7.1 Political factors
  • 3.7.2 Economic factors
  • 3.7.3 Social factors
  • 3.7.4 Technological factors
  • 3.7.5 Legal factors
  • 3.7.6 Environmental factors
• 3.8 Emerging opportunities & trends
  • 3.8.1 Digitalization & IoT integration
  • 3.8.2 Emerging market penetration
• 3.9 Investment analysis and future outlook

Chapter 4 Competitive landscape, 2025

• 4.1 Introduction
• 4.2 Company market share analysis, by region, 2025
  • 4.2.1 North America
  • 4.2.2 Europe
  • 4.2.3 Asia Pacific
  • 4.2.4 Rest of World
• 4.3 Strategic dashboard
• 4.4 Strategic initiatives
• 4.5 Company benchmarking
• 4.6 Innovation & technology landscape

Chapter 5 Market Size and Forecast, By Application, 2022 - 2035 (USD Million & MW)

• 5.1 Key trends
• 5.2 Power generation
• 5.3 Desalination
• 5.4 Others

Chapter 6 Market Size and Forecast, By Region, 2022 - 2035 (USD Million & MW)

• 6.1 Key trends
• 6.2 North America
  • 6.2.1 U.S.
  • 6.2.2 Canada
• 6.3 Europe
  • 6.3.1 France
  • 6.3.2 Spain
  • 6.3.3 UK
  • 6.3.4 Norway
• 6.4 Asia Pacific
  • 6.4.1 China
  • 6.4.2 India
  • 6.4.3 South Korea
• 6.5 Rest of World

Chapter 7 Company Profiles

• 7.1 Andritz Hydro
• 7.2 AquaWave & Tidal Power
• 7.3 BioPower Systems
• 7.4 Carnegie Clean Energy
• 7.5 CorPower Ocean
• 7.6 Eco Wave Power Global
• 7.7 INGINE
• 7.8 Inyanga Marine Energy Group
• 7.9 Minesto
• 7.10 Mocean Energy
• 7.11 Nova Innovations
• 7.12 Novige
• 7.13 Ocean Energy Systems
• 7.14 Ocean Renewable Power Company
• 7.15 Orbital Marine Power
• 7.16 Oscilla Power
• 7.17 SINN Power
• 7.18 SSE Renewables
• 7.19 Voltai
• 7.20 Wave Swell Energy
• 7.21 Wavepiston