해양 에너지 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the ocean power market size in terms of installed base was valued at 0.52 gigawatt in 2025 and is estimated to grow from 0.55 gigawatt in 2026 to reach 2.65 gigawatt by 2031, at a CAGR of 36.95% during the forecast period (2026-2031).

This report is Segmented by Technology (Tidal Energy, Wave Energy, OTEC, Salinity-Gradient), Application (Power Generation, Desalination, Marine Propulsion, Data & Telecom Platforms), End-User (Utilities and IPPs, Industrial, Commercial), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). Market Forecasts are Provided in Terms of Volume (gigawatt).

Global Ocean Power Market Trends and Insights

Renewable-energy targets & policy incentives

National decarbonization roadmaps now feature explicit capacity allocations for marine energy instead of bundling it into residual renewable categories. France set a 250 MW tidal-stream target for 2030 and offers feed-in tariffs of USD 0.16 per kWh that guarantee predictable cash flow, helping developers raise senior debt. The United States earmarked USD 112 million in 2025 for wave-energy converter testing at the grid-connected PacWave site off Oregon, giving device manufacturers a route to commercial-scale demonstrations. Spain is investing in 60 MW of wave capacity for the Canary Islands to displace liquefied natural-gas imports, underscoring how archipelago jurisdictions are leveraging abundant wave resources for supply security. These policies provide technology-specific price floors that de-risk merchant exposure and encourage equity investors to back first-commercial arrays. As rule-making evolves, early movers are locking in long-term offtake agreements that will underpin the next wave of capacity additions through 2031.

Declining LCOE accelerates commercial viability

Cost reductions stem from turbine upsizing, modular arrays, and design lessons imported from offshore wind. Orbital Marine Power's 2 MW O2 turbine halves the number of foundations per megawatt, trimming subsea installation costs and simplifying electrical collection. CorPower Ocean's phase-control system tunes a buoy's resonance to local sea states, boosting annual energy capture by 30% and pulling levelized costs toward USD 0.18 per kWh in field trials. Shared crew boats and jack-up barges between tidal and wind farms in Scotland have cut O&M expenses by 18%, while automated fiber-placement machines now fabricate composite blades in six weeks instead of twelve. As these process gains propagate, the new-build LCOE gap between marine energy and fixed-bottom offshore wind continues to narrow, expanding the addressable market for dispatchable, low-carbon baseload power.

High CAPEX requirements challenge project financing

Marine-energy arrays cost USD 4,000-7,000 per kW up front, versus USD 1,300 for offshore wind, deterring commercial lenders that lack actuarial data on component lifetimes. Orbital Marine Power secured USD 36.93 million in 2024 only after the UK Infrastructure Bank guaranteed 60% of construction risk, illustrating that public backstops remain critical. Carnegie Clean Energy slipped into voluntary administration in 2024 after a 42% cost overrun on its Western Australian wave project, highlighting the sector's exposure to subsea-construction contingencies. Emerging-market developers often face debt costs above 8% because transactions are sub-20 MW and lack standardized templates. Blended-finance structures with multilateral lenders help, but they introduce complex covenant stacks that erode project returns.

Other drivers and restraints analyzed in the detailed report include:

1. Predictable baseload resource availability complements intermittent renewables
2. Offshore hydrogen production creates synergistic value chains
3. Complex environmental permitting delays project development

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Tidal energy delivered 98.94% of installed capacity in 2025, reflecting validated component lifetimes and capacity factors above 40% that anchor utility-scale bankability. The ocean power market size for tidal is poised to maintain leadership even as competing designs mature, because site developers can leverage subsea cables and maintenance fleets originally built for offshore wind. Minesto's low-velocity kite devices open new geographies where fixed-axis rotors cannot function, unlocking an estimated 10 GW of previously stranded resource. Wave energy, still under 50 MW globally, is improving availability through phase-control buoy systems that shave structural loads during storm peaks. OTEC, though negligible today, will grow at a triple-digit pace as floating platforms bypass costly onshore cold-water pipes and pair electricity sales with desalination and aquaculture revenue. Compliance with IEC 62600 standards is accelerating cross-border equipment sales, expanding addressable capacity in the ocean power market.

Floating, multi-output OTEC prototypes such as Bluerise's 1.5 MW platform scheduled for 2027 combine electricity, freshwater, and chilled-water aquaculture in one hull, widening revenue streams while spreading fixed costs. Wave devices like CorPower's C4 achieve real-time resonance tuning that pulls unit-cost metrics toward utility triggers for procurement. Tidal technology will remain the backbone of cumulative installations through 2031, especially in Canada's Bay of Fundy and Indonesia's Lombok Strait, where current velocities support 45% capacity factors. However, the diversified pipeline suggests that by 2031, more than 25% of new capacity additions will come from non-tidal systems, signaling a slow but steady broadening of the ocean power market technology mix.

Geography Analysis

Asia-Pacific commanded 51.15% of global capacity in 2025 as China alone installed 270 MW of tidal-stream projects in Zhejiang and Fujian, leveraging offshore wind supply chains to slash transmission costs by 22% Nea.Gov.Cn. South Korea's Sihwa barrage generated 552 GWh in 2025, proving that estuary-scale projects with 9-m tidal ranges can secure 25% capacity factors and attract sovereign-wealth financing. Japan funded four wave pilots totaling 12 MW for remote islands where diesel displacement saves USD 0.35 per kWh, while Australia deployed 8 MW of wave capacity off Perth that feeds desalination for coastal mining operations. Across Southeast Asia, untapped straits in Indonesia and the Philippines offer 18 GW of theoretical resource, but grid constraints and absent tariffs leave installed capacity below 5 MW.

North America is set to record a 71.9% CAGR through 2031 following the US Bureau of Ocean Energy Management's 2025 auction for 600 MW of tidal and wave leases off Oregon, California, and Maine. The PacWave test site supplies real-time performance metadata that satisfies lender due-diligence standards, unlocking commercial debt for pre-commercial arrays. Canada's Bay of Fundy floating tidal farm achieved a 38% capacity factor in 2024 without seabed anchors, while Mexico's Baja California is procuring 15 MW of wave capacity to feed agricultural desalination facilities. Regulatory streamlining by the Federal Energy Regulatory Commission in 2024 reduced marine-energy licensing timelines to three years for projects under 5 MW, signaling that policy frictions are abating.

Europe's market is anchored by the UK's 12 MW MeyGen array and France's 250 MW tidal-stream roadmap under the Programmation Pluriannuelle de l'Energie. The UK Crown Estate issued 11 seabed leases in 2025 worth up to 1 GW, while Spain's Basque Energy Agency commissioned a 2 MW oscillating water column that serves 600 households. The Netherlands integrated a 10 MW tidal array with offshore wind to balance grid frequency during calm periods, and Denmark's WavePiston installed 5 MW of modular wave plates targeting cost parity with wind by 2029. South America and the Middle East remain subscale, with Brazil's 10 MW Pecem wave project stalled over financing and Saudi Arabia's 5 MW Red Sea pilot postponed amid permitting reviews, underlining regional disparities in investment readiness.

1. SIMEC Atlantis Energy
2. Orbital Marine Power
3. Ocean Power Technologies Inc.
4. Eco Wave Power Global AB
5. Carnegie Clean Energy
6. AW-Energy Oy
7. Wello Oy
8. CorPower Ocean
9. Sabella SA
10. Marine Power Systems
11. Minesto AB
12. Nova Innovation
13. Oscilla Power
14. Bombora Wave Power
15. OceanBased Perpetual Energy
16. Xinjiang Goldwind Science & Tech
17. Seabased AB
18. Arrecife Energy Systems
19. IHI Corporation
20. Hyundai Heavy Industries

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Renewable-energy targets & policy incentives
  • 4.2.2 Declining LCOE for tidal & wave technologies
  • 4.2.3 Predictable baseload resource availability
  • 4.2.4 Offshore hydrogen & aquaculture co-location
  • 4.2.5 Naval decarbonisation requirements
  • 4.2.6 Island-grid resilience programmes
• 4.3 Market Restraints
  • 4.3.1 High CAPEX & financing hurdles
  • 4.3.2 Complex environmental permitting
  • 4.3.3 Advanced-composite supply bottlenecks
  • 4.3.4 Non-standard grid-code compliance
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Technology
  • 5.1.1 Tidal Energy
  • 5.1.2 Wave Energy
  • 5.1.3 Ocean Thermal Energy Conversion (OTEC)
  • 5.1.4 Salinity-Gradient (Blue Energy)
• 5.2 By Application
  • 5.2.1 Power Generation
  • 5.2.2 Desalination
  • 5.2.3 Marine Propulsion
  • 5.2.4 Data & Telecom Platforms
• 5.3 By End-User
  • 5.3.1 Utilities and IPPs
  • 5.3.2 Industrial
  • 5.3.3 Commercial
• 5.4 By Region
  • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
  • 5.4.2 Europe
    • 5.4.2.1 United Kingdom
    • 5.4.2.2 France
    • 5.4.2.3 Spain
    • 5.4.2.4 Netherland
    • 5.4.2.5 Denmark
    • 5.4.2.6 Russia
    • 5.4.2.7 Rest of Europe
  • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 ASEAN Countries
    • 5.4.3.6 Australia and New Zealand
    • 5.4.3.7 Rest of Asia-Pacific
  • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Colombia
    • 5.4.4.4 Rest of South America
  • 5.4.5 Middle East and Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 South Africa
    • 5.4.5.4 Egypt
    • 5.4.5.5 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 SIMEC Atlantis Energy
  • 6.4.2 Orbital Marine Power
  • 6.4.3 Ocean Power Technologies Inc.
  • 6.4.4 Eco Wave Power Global AB
  • 6.4.5 Carnegie Clean Energy
  • 6.4.6 AW-Energy Oy
  • 6.4.7 Wello Oy
  • 6.4.8 CorPower Ocean
  • 6.4.9 Sabella SA
  • 6.4.10 Marine Power Systems
  • 6.4.11 Minesto AB
  • 6.4.12 Nova Innovation
  • 6.4.13 Oscilla Power
  • 6.4.14 Bombora Wave Power
  • 6.4.15 OceanBased Perpetual Energy
  • 6.4.16 Xinjiang Goldwind Science & Tech
  • 6.4.17 Seabased AB
  • 6.4.18 Arrecife Energy Systems
  • 6.4.19 IHI Corporation
  • 6.4.20 Hyundai Heavy Industries

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment