Transparency Market Research has released a new market research report, “Wave and Tidal Energy Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”, predicting an eventual market reaching a value of US $10.1 billion in 2020. The report estimates the installed capacity of the global wave and tidal energy market to reach 3712 MW by 2020, growing at a CAGR of 34.5% from 2014 to 2020. The market’s regional leader is Europe, soon to be competing against South Korea.
You can read more about the report here.