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OCEAN ENERGY

Global Market Trajectory & Analytics

MCP-6316

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

2792

Interactions with Platform & by Email *

INTERACTIONS

503

Unique # Participated *

PARTICIPANTS

84

Responses Validated *

VALIDATIONS

38

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  •  DATE

    JUNE 2020

  •  TABLES

    18

  •  PAGES

    109

  •  EDITION

    16

  •  PRICE

    US$5600


COVID-19 IMPACT SURVEY MAY 2020

Amid the COVID-19 crisis and the looming economic recession, the Ocean Energy market worldwide will grow by a projected 25.3 Million Kilowatts, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 46.2%. Ocean Energy, one of the segments analyzed and sized in this study, is forecast to grow at over 46.2% and reach a market size of 27.2 Million Kilowatts by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Ocean Energy market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 43.3% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over 610.7 Thousand Kilowatts to the region's size over the next 7 to 8 years. In addition, over 1.1 Million Kilowatts worth of projected demand in the region will come from Rest of European markets. In Japan, the Ocean Energy segment will reach a market size of 951.8 Thousand Kilowatts by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Ocean Energy market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 39.8% over the next couple of years and add approximately 2.3 Million Kilowatts in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Ocean Energy market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, Able Technologies; Albatern Ltd.; Applied Technologies Company, Ltd.; AquaGen Technologies; Aqua-Magnetics Inc.; Atargis Energy Corporation; Atlantis Resources Ltd.; BioPower Systems Pty. Ltd.; Blue Energy Canada Inc.; Carnegie Clean Energy Limited; Minesto AB; Nova Innovation Ltd.; Ocean Power Technologies Inc.; Ocean Renewable Power Company, LLC; OpenHydro Group Limited; Scotrenewables Tidal Power Ltd.; Tocardo International BV; Verdant Power, Inc.

SEGMENTS

» Segment (Ocean Energy)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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