Wave Power Generation Equipment, Global Market Size Forecast, Top 10 Players Rank and Market Share (Internet Services - Other Internet Services)
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Item ID 2576815 in Category: Internet Services - Other Internet Services
Wave Power Generation Equipment, Global Market Size Forecast, Top 10 Players Rank and Market Share | |
Product Definition: 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. According to the new market research report “Global Wave Power Generation Equipment Market Report 2023-2029”, published by QYResearch, the global Wave Power Generation Equipment market size is projected to reach USD 0.12 billion by 2029, at a CAGR of 21.1% during the forecast period. Market Drivers: 1.The biggest advantage of wave power as against most of the other alternative energy sources is that it is easily predictable and can be used to calculate the amount that it can produce.The wave energy is consistent and proves much better than other sources that are dependent on wind or sun exposure. Restraints: 1.The applicable field of wave power generation must be the area rich in marine resources. 2.Due to the corrosive nature of the ocean and the reciprocating wave motion characteristics, the installation and operation environment of energy conversion equipment is quite harsh; 3.Due to the randomness of wave height and reciprocating motion cycle, it is determined that the wave energy conversion device should work continuously under non-steady operating conditions; 4. In order to meet the requirements of power generation, the selection of offshore locations is relatively strict, which makes the installation and maintenance of wave energy conversion devices a problem that needs to be considered. For more information, please contact the following e-mail address: Email: global@qyresearch.com Website: https://www.qyresearch.com QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.  | |
| Target State: All States Target City : All Cities Last Update : Mar 24, 2024 11:03 PM Number of Views: 12 | Item Owner : Joyce Contact Email: Contact Phone: 13051817187 |
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2024-05-01 (0.393 sec)