Wave and Tidal Energy Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Wave and Tidal Energy Market, By Type (Wave Energy, Tidal Energy), By Technology (Tidal Stream Gener...

Wave and Tidal Energy Market Size

Market Size in USD Bn

CAGR9.3%

Study Period2025-2032
Base Year of Estimation2024
CAGR9.3%
Market ConcentrationHigh
Major PlayersSIMEC Atlantis Energy, Ocean Power Technologies, Orbital Marine Power, Verdant Power, Carnegie Clean Energy and Among Others
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
setting-icon
Want to purchase customized report?
please let us know !

Wave and Tidal Energy Market Analysis

The wave and tidal energy market is estimated to be valued at USD 841.67 Bn in 2025 and is expected to reach USD 1568.49 Bn by 2032, growing at a compound annual growth rate (CAGR) of 9.3% from 2025 to 2032. The steady increase in global energy demand along with the focus on develop renewable sources of energy have been the major drivers of growth in the wave and tidal energy market.

Wave and Tidal Energy Market Report Snapshots