Global Marine Energy Market is at a Nascent Stage with Immense Growth Potential

Bharatbook has published a new report on “Global Marine Energy Market Analysis to 2020 – Capacity, Generation, Regulation and Market Share Analysis” which highlights the growth of Global Marine Energy Industry.

The growing focus on renewable power has resulted in growing investment in various technologies and one of them is the marine technology. Though still in a very nascent stage, the market holds the potential to become a big one in the coming years.

Summary of the Report

“Global Marine Energy Market Analysis to 2020 – Capacity, Generation, Regulation and Market Share Analysis” report gives an in-depth analysis of the Global, the US and the UK marine energy markets. It provides a deep understanding of key drivers impacting the market and key restraints in the market. It gives installed capacity (MW) and generation (GWh) forecasts to 2020 for the global, the US and the UK regions. It provides analysis of key players in the market and market shares based on installed capacity is also provided.

The global marine energy installed capacity in 2009 is 270 MW and is expected to reach 46,206 MW by 2020. The US and the UK are the major geographic regions for marine technologies. The US marine energy installed capacity in 2009 is 1 MW and is forecasted to become 33,634 MW by 2020. The installed capacity in UK is 3 MW in 2009 is forecasted to reach 1910 MW by 2020. The government of Scotland has been pioneering the development of ocean energy sector by introducing various programs. The other countries which are harnessing their marine energy potential are Australia, Canada, Russia and Republic of Korea. These countries have many potential sites which are favorable for ocean power.

Scope

- The report provides detailed market opportunities and challenges for present and potential marine power market players in the world.
- The report covers detailed qualitative analysis of the market scenario and analysis of key regions, such as Americas, Europe, and Asia, and key countries in these regions.
- The report provides historical and forecast statistics along with growth estimates for production from marine sources from 2001 to 2020.
- The report covers information on key current and upcoming Plants
- The report provides information on the major companies in the global marine power market.
- Coverage of two important ocean technologies namely, wave and tidal technologies. It has a geographical focus on the US and the UK markets.
- The report gives historical and forecast installed capacities (MW) and generation (GWh).
- The report has a detailed analysis of the key countries in the market. It covers the installed capacity, generation, major wave and tidal plants, regulations and market share based on installed capacities.
- The report also contains the key market trends, drivers and restraints for the market and upcoming technologies in the marine energy industry.
- The report covers information on key players of the market.

Companies Mentioned

Ocean Power Technologies
Pelamis Wave Power
Marine Current Turbines
Oceanlinx Limited

For more information or to purchase the report, visit Bharatbook’s website.

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