Product Code: TMRGL86154
Underwater Turbines Market - Scope of Report
TMR's report on the global underwater turbines market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global underwater turbines market for the period 2018-2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global underwater turbines market from 2024 to 2034.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the underwater turbines market.
Market Snapshot |
Market Value in 2023 | US$ 530.6 Mn |
Market Value in 2034 | US$ 860.3 Mn |
CAGR | 4.5% |
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global underwater turbines market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global underwater turbines market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global underwater turbines market.
The report delves into the competitive landscape of the global underwater turbines market. Key players operating in the global underwater turbines market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global underwater turbines market profiled in this report.
Key Questions Answered in Global underwater turbines Market Report:
- What is the sales/revenue generated by underwater turbines across all regions during the forecast period?
- What are the opportunities in the global underwater turbines market?
- What are the major drivers, restraints, opportunities, and threats in the market?
- Which regional market is set to expand at the fastest CAGR during the forecast period?
- Which segment is expected to generate the highest revenue globally in 2034?
- Which segment is projected to expand at the highest CAGR during the forecast period?
- What are the market positions of different companies operating in the global market?
Underwater Turbines Market - Research Objectives and Research Approach
The comprehensive report on the global underwater turbines market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global underwater turbines market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global underwater turbines market.
Table of Contents
1. Preface
- 1.1. Market Definition and Scope
- 1.2. Market Segmentation
- 1.3. Key Research Objectives
- 1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.2. Restraints
- 5.1.3. Opportunities
- 5.2. Key Trends Analysis
- 5.2.1. Demand Side Analysis
- 5.2.2. Supply Side Analysis
- 5.3. Key Market Indicators
- 5.4. Porter's Five Forces Analysis
- 5.5. Value Chain Analysis
- 5.6. Industry SWOT Analysis
- 5.7. Product Innovation Overview
- 5.8. Global Underwater Turbines Market Analysis and Forecast, 2020-2034
- 5.8.1. Market Value Projections (US$ Mn)
- 5.8.2. Market Volume Projections (Units)
6. Global Underwater Turbines Market Analysis and Forecast, By Type
- 6.1. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 6.1.1. Impulse Turbines
- 6.1.2. Reaction Turbines
- 6.2. Incremental Opportunity Analysis, By Type
7. Global Underwater Turbines Market Analysis and Forecast, By Category
- 7.1. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 7.1.1. Horizontal Axis Turbines
- 7.1.2. Vertical Axis Turbines
- 7.2. Incremental Opportunity Analysis, By Category
8. Global Underwater Turbines Market Analysis and Forecast, By Installation Depth
- 8.1. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 8.1.1. Shallow Water
- 8.1.2. Transitional Water
- 8.1.3. Deep Water
- 8.2. Incremental Opportunity Analysis, By Installation Depth
9. Global Underwater Turbines Market Analysis and Forecast, By Distribution Channel
- 9.1. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 9.1.1. Direct Sales
- 9.1.2. Indirect Sales
- 9.2. Incremental Opportunity Analysis, By Installation Depth
10. Global Underwater Turbines Market Analysis and Forecast, by Region
- 10.1. Underwater Turbines Market Size (US$ Mn and Units), By Region, 2020-2034
- 10.1.1. North America
- 10.1.2. Europe
- 10.1.3. Asia Pacific
- 10.1.4. Middle East & Africa
- 10.1.5. South America
- 10.2. Incremental Opportunity Analysis, by Region
11. North America Underwater Turbines Market Analysis and Forecast
- 11.1. Regional Snapshot
- 11.2. Demographic Overview
- 11.3. Key Trend Analysis
- 11.4. Market Share Analysis (%)
- 11.4.1. Local Manufacture Vs Import
- 11.5. Consumer Buying Behavior Analysis
- 11.6. Pricing Analysis
- 11.6.1. Weighted Average Selling Price (US$)
- 11.7. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 11.7.1. Impulse Turbines
- 11.7.2. Reaction Turbines
- 11.8. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 11.8.1. Horizontal Axis Turbines
- 11.8.2. Vertical Axis Turbines
- 11.9. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 11.9.1. Shallow Water
- 11.9.2. Transitional Water
- 11.9.3. Deep Water
- 11.10. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 11.10.1. Direct Sales
- 11.10.2. Indirect Sales
- 11.11. Underwater Turbines Market Size (US$ Mn and Units), By Country, 2020-2034
- 11.11.1. U.S.
- 11.11.2. Canada
- 11.11.3. Rest of North America
- 11.12. Incremental Opportunity Analysis
12. Europe Underwater Turbines Market Analysis and Forecast
- 12.1. Regional Snapshot
- 12.2. Demographic Overview
- 12.3. Key Trend Analysis
- 12.4. Market Share Analysis (%)
- 12.4.1. Local Manufacture Vs Import
- 12.5. Consumer Buying Behavior Analysis
- 12.6. Pricing Analysis
- 12.6.1. Weighted Average Selling Price (US$)
- 12.7. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 12.7.1. Impulse Turbines
- 12.7.2. Reaction Turbines
- 12.8. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 12.8.1. Horizontal Axis Turbines
- 12.8.2. Vertical Axis Turbines
- 12.9. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 12.9.1. Shallow Water
- 12.9.2. Transitional Water
- 12.9.3. Deep Water
- 12.10. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 12.10.1. Direct Sales
- 12.10.2. Indirect Sales
- 12.11. Underwater Turbines Market Size (US$ Mn and Units), By Country, 2020-2034
- 12.11.1. U.K.
- 12.11.2. Germany
- 12.11.3. France
- 12.11.4. Italy
- 12.11.5. Spain
- 12.11.6. Rest of Europe
- 12.12. Incremental Opportunity Analysis
13. Asia Pacific Underwater Turbines Market Analysis and Forecast
- 13.1. Regional Snapshot
- 13.2. Demographic Overview
- 13.3. Key Trend Analysis
- 13.4. Market Share Analysis (%)
- 13.4.1. Local Manufacture Vs Import
- 13.5. Consumer Buying Behavior Analysis
- 13.6. Pricing Analysis
- 13.6.1. Weighted Average Selling Price (US$)
- 13.7. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 13.7.1. Impulse Turbines
- 13.7.2. Reaction Turbines
- 13.8. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 13.8.1. Horizontal Axis Turbines
- 13.8.2. Vertical Axis Turbines
- 13.9. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 13.9.1. Shallow Water
- 13.9.2. Transitional Water
- 13.9.3. Deep Water
- 13.10. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 13.10.1. Direct Sales
- 13.10.2. Indirect Sales
- 13.11. Underwater Turbines Market Size (US$ Mn and Units), By Country, 2020-2034
- 13.11.1. China
- 13.11.2. India
- 13.11.3. Japan
- 13.11.4. South Korea
- 13.11.5. ASEAN
- 13.11.6. Rest of Asia Pacific
- 13.12. Incremental Opportunity Analysis
14. Middle East & Africa Underwater Turbines Market Analysis and Forecast
- 14.1. Regional Snapshot
- 14.2. Demographic Overview
- 14.3. Key Trend Analysis
- 14.4. Market Share Analysis (%)
- 14.4.1. Local Manufacture Vs Import
- 14.5. Consumer Buying Behavior Analysis
- 14.6. Pricing Analysis
- 14.6.1. Weighted Average Selling Price (US$)
- 14.7. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 14.7.1. Impulse Turbines
- 14.7.2. Reaction Turbines
- 14.8. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 14.8.1. Horizontal Axis Turbines
- 14.8.2. Vertical Axis Turbines
- 14.9. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 14.9.1. Shallow Water
- 14.9.2. Transitional Water
- 14.9.3. Deep Water
- 14.10. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 14.10.1. Direct Sales
- 14.10.2. Indirect Sales
- 14.11. Underwater Turbines Market Size (US$ Mn and Units), By Country, 2020-2034
- 14.11.1. South Africa
- 14.11.2. GCC
- 14.11.3. Rest of Middle East & Africa
- 14.12. Incremental Opportunity Analysis
15. South America Underwater Turbines Market Analysis and Forecast
- 15.1. Regional Snapshot
- 15.2. Demographic Overview
- 15.3. Key Trend Analysis
- 15.4. Market Share Analysis (%)
- 15.4.1. Local Manufacture Vs Import
- 15.5. Consumer Buying Behavior Analysis
- 15.6. Pricing Analysis
- 15.6.1. Weighted Average Selling Price (US$)
- 15.7. Underwater Turbines Market Size (US$ Mn and Units), By Type, 2020-2034
- 15.7.1. Impulse Turbines
- 15.7.2. Reaction Turbines
- 15.8. Underwater Turbines Market Size (US$ Mn and Units), By Category, 2020-2034
- 15.8.1. Horizontal Axis Turbines
- 15.8.2. Vertical Axis Turbines
- 15.9. Underwater Turbines Market Size (US$ Mn and Units), By Installation Depth, 2020-2034
- 15.9.1. Shallow Water
- 15.9.2. Transitional Water
- 15.9.3. Deep Water
- 15.10. Underwater Turbines Market Size (US$ Mn and Units), By Distribution Channel, 2020-2034
- 15.10.1. Direct Sales
- 15.10.2. Indirect Sales
- 15.11. Underwater Turbines Market Size (US$ Mn and Units), By Country, 2020-2034
- 15.11.1. Brazil
- 15.11.2. Argentina
- 15.11.3. Rest of South America
- 15.12. Incremental Opportunity Analysis
16. Competition Landscape
- 16.1. Market Player - Competition Dashboard
- 16.2. Market Share Analysis (%), 2022
- 16.3. Company Profiles
- 16.3.1. Blue Shark Power System
- 16.3.1.1. Company Overview
- 16.3.1.2. Sales Area/Geographical Presence
- 16.3.1.3. Revenue
- 16.3.1.4. Strategy & Business Overview
- 16.3.2. Magallanes Renovables, SL
- 16.3.2.1. Company Overview
- 16.3.2.2. Sales Area/Geographical Presence
- 16.3.2.3. Revenue
- 16.3.2.4. Strategy & Business Overview
- 16.3.3. Minesto
- 16.3.3.1. Company Overview
- 16.3.3.2. Sales Area/Geographical Presence
- 16.3.3.3. Revenue
- 16.3.3.4. Strategy & Business Overview
- 16.3.4. Verdant Power, Inc.
- 16.3.4.1. Company Overview
- 16.3.4.2. Sales Area/Geographical Presence
- 16.3.4.3. Revenue
- 16.3.4.4. Strategy & Business Overview
- 16.3.5. Nova
- 16.3.5.1. Company Overview
- 16.3.5.2. Sales Area/Geographical Presence
- 16.3.5.3. Revenue
- 16.3.5.4. Strategy & Business Overview
- 16.3.6. SIMEC Atlantis Energy
- 16.3.6.1. Company Overview
- 16.3.6.2. Sales Area/Geographical Presence
- 16.3.6.3. Revenue
- 16.3.6.4. Strategy & Business Overview
- 16.3.7. Sustainable Marine Energy
- 16.3.7.1. Company Overview
- 16.3.7.2. Sales Area/Geographical Presence
- 16.3.7.3. Revenue
- 16.3.7.4. Strategy & Business Overview
- 16.3.8. MeyGen
- 16.3.8.1. Company Overview
- 16.3.8.2. Sales Area/Geographical Presence
- 16.3.8.3. Revenue
- 16.3.8.4. Strategy & Business Overview
- 16.3.9. Pelamis Wave Power
- 16.3.9.1. Company Overview
- 16.3.9.2. Sales Area/Geographical Presence
- 16.3.9.3. Revenue
- 16.3.9.4. Strategy & Business Overview
- 16.3.10. OpenHydro
- 16.3.10.1. Company Overview
- 16.3.10.2. Sales Area/Geographical Presence
- 16.3.10.3. Revenue
- 16.3.10.4. Strategy & Business Overview
17. Go To Market Strategy
- 17.1. Identification of Potential Market Spaces
- 17.2. Understanding Buying Process of Customers
- 17.3. Preferred Sales & Marketing Strategy