|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 598.76 million
|
|
Market Size (2030)
|
USD 807.77 million
|
|
CAGR (2025-2030)
|
4.96%
|
|
Fastest Growing Segment
|
Above 500 Kilowatt
|
|
Largest Market
|
Europe
|
Market
Overview
Global
Underwater
Turbine Market was
valued at USD 598.76 million in 2024 and is expected to reach USD 807.77
million by 2030 with a CAGR of 4.96% during the forecast period.
The Underwater Turbine Market
comprises technologies and systems designed to generate renewable energy by
harnessing the kinetic power of underwater currents, including tidal streams,
ocean flows, and river movements. These turbines operate beneath the water’s
surface, converting the continuous motion of water into electricity through
rotor-driven generators. Unlike solar or wind energy, which are variable and
weather-dependent, underwater turbines benefit from the predictability and
consistency of aquatic currents, making them a reliable option for continuous
power generation.
This market is witnessing
growing interest due to the urgent global shift toward cleaner energy sources
and carbon emission reduction targets. Coastal and island nations are
especially focusing on this technology to enhance their energy independence and
reduce reliance on imported fossil fuels. Countries such as the United Kingdom,
Canada, and France are leading investments in tidal and marine energy
initiatives, supported by favorable regulatory frameworks and funding programs.
Technological innovations in turbine blade design, corrosion-resistant
materials, and underwater anchoring systems have significantly enhanced the
efficiency and lifespan of these installations while reducing maintenance
costs.
Additionally, integration
with smart grid and hybrid renewable systems is making underwater turbines
increasingly viable for both grid-scale and off-grid applications. The market
is also rising due to collaborative research between marine engineering firms,
environmental organizations, and energy providers that address ecological
concerns and promote sustainable deployment practices. Environmental impact
assessments and marine life protection protocols are being embedded into
project planning to ensure long-term ecosystem compatibility. The potential to
repurpose existing marine infrastructure, such as decommissioned oil rigs or
underwater tunnels, is opening new deployment opportunities.
Furthermore, growing
awareness of ocean energy’s vast untapped potential is encouraging increased
investments in demonstration projects and commercial deployments. As
technological maturity improves, economies of scale and declining costs are
expected to further accelerate market penetration. In the coming years, the
underwater turbine market is poised for robust growth, driven by increasing
energy demand, environmental sustainability goals, and continuous innovation in
marine renewable technologies, ultimately positioning it as a key contributor
to the global clean energy transition.
Key Market Drivers
Growing Global Demand for
Renewable Energy
The escalating global
demand for renewable energy sources is a pivotal driver for the Underwater
Turbine Market, as nations strive to meet ambitious climate goals and reduce
reliance on fossil fuels. Underwater turbines, which harness kinetic energy
from ocean currents, tides, and waves, offer a reliable and sustainable energy
solution, particularly for coastal and island nations with abundant marine
resources. The urgency to combat climate change, evidenced by international
commitments like the Paris Agreement, has accelerated investments in clean
energy infrastructure.
Governments are promoting
renewable energy through subsidies, tax incentives, and streamlined regulatory
processes, making underwater turbines an attractive option for diversifying
energy portfolios. These turbines provide consistent power output due to the
predictable nature of tidal and ocean currents, unlike variable sources such as
wind or solar. Their submerged design minimizes visual and environmental
impacts, aligning with sustainability objectives and reducing land-use
conflicts.
The ability to integrate
underwater turbines with existing grid systems enhances energy security,
particularly in regions with limited access to traditional hydropower or other
renewables. As global electricity consumption rises, driven by urbanization and
industrial growth, underwater turbines are increasingly recognized for their
potential to deliver low-carbon, high-efficiency power, supporting the
transition to a sustainable energy future.
In 2023, global renewable
energy capacity reached 3,870 gigawatts, with hydropower (including
marine-based technologies) contributing 1,412 gigawatts, or 36% of the total,
according to the International Renewable Energy Agency. Underwater turbines, a
subset of hydropower, accounted for approximately 1% of this capacity,
generating 14.1 gigawatts globally. In Europe, tidal energy projects alone
produced 50 gigawatt-hours in 2022, powering around 12,500 households annually,
highlighting the growing role of underwater turbines in renewable energy.
Technological Advancements
in Turbine Design
Technological innovation is
a key driver propelling the Underwater Turbine Market by enhancing efficiency,
durability, and cost-effectiveness of turbine systems. Advances in materials
science, such as corrosion-resistant alloys and biofouling-resistant coatings,
have extended turbine lifespans in harsh marine environments. Improved blade
designs, informed by computational fluid dynamics, optimize energy capture from
varying water flows, enabling deployment in diverse oceanic conditions.
Innovations like
bidirectional turbines and tidal kites, which harness energy from both ebb and
flood tides, increase operational flexibility and output. Smart sensors and
AI-driven monitoring systems enable real-time performance optimization and
predictive maintenance, reducing downtime and operational costs. For instance,
digital twins simulate turbine behavior under different conditions, improving
design and deployment strategies. These advancements lower the levelized cost
of energy, making underwater turbines more competitive with other renewables.
Additionally, modular and
compact designs facilitate easier installation and scalability, appealing to
both small-scale coastal communities and large-scale energy projects. As
research and development continue, supported by government and private investments,
technological breakthroughs are expanding the market’s potential, positioning
underwater turbines as a viable component of the global renewable energy mix.
In 2022, advancements in
turbine blade materials increased energy conversion efficiency by 10%, boosting
output by 5 megawatts per turbine in select projects, per the U.S. Department
of Energy. Globally, 150 new underwater turbine installations in 2023 incorporated
smart sensors, reducing maintenance costs by 12%. The International Energy
Agency notes that these innovations contributed to a 15% reduction in tidal
energy costs, with 30 gigawatt-hours generated in Europe, supporting 7,500
households annually.
Supportive Government
Policies and Funding
Government policies and
financial incentives are critical in driving the Underwater Turbine Market by
fostering an enabling environment for development and deployment. Many
countries offer grants, low-interest loans, and feed-in tariffs to offset the
high initial costs of underwater turbine projects, encouraging private-sector
participation. Regulatory frameworks are evolving to streamline environmental
permitting, as underwater turbines have minimal ecological impact compared to
traditional hydropower dams. For example, coastal nations like Scotland and
Canada have established dedicated marine energy programs, providing funding for
research and pilot projects.
International
collaborations, such as the European Union’s Horizon 2020 program, support
cross-border innovation in tidal and wave energy. These policies align with
global decarbonization goals, prioritizing marine energy as a stable,
low-carbon source. Governments also recognize the strategic value of underwater
turbines for energy security, particularly in regions with limited land-based
renewable options. By offering long-term power purchase agreements and tax
incentives, policymakers reduce financial risks for developers, accelerating
market growth. This supportive ecosystem drives investment in underwater
turbine infrastructure, positioning it as a cornerstone of sustainable energy
strategies worldwide.
In 2023, global government
funding for marine energy projects reached USD 1.2 billion, with 25% allocated
to underwater turbine development, per the International Hydropower
Association. Europe’s Horizon 2020 program invested USD 200 million in tidal
energy, supporting 20 new installations. These efforts added 10 megawatts of
capacity in 2022, powering 2,500 homes. In Scotland, policy incentives enabled
the MeyGen project to generate 40 gigawatt-hours annually, serving 10,000
households.
Rising Energy Needs in
Coastal and Island Regions
The increasing energy
demand in coastal and island regions, where access to traditional energy
infrastructure is often limited, is a significant driver for the Underwater
Turbine Market. These areas, rich in tidal and ocean current resources, benefit
from underwater turbines’ ability to provide localized, reliable power without
extensive grid connections. Small-scale turbines, ranging from 100 kilowatts to
1 megawatt, are ideal for remote communities, reducing reliance on costly
diesel generators. For instance, island nations like Indonesia and the
Philippines are exploring tidal energy to meet growing electricity needs driven
by population growth and tourism.
Underwater turbines’
submerged design minimizes land use, preserving valuable coastal ecosystems and
tourism assets. Their ability to deliver consistent power, due to predictable
tidal cycles, supports critical applications like desalination and refrigeration
in these regions. As energy access becomes a priority for sustainable
development, underwater turbines offer a scalable solution, from micro-grids
for small villages to larger installations for industrial hubs. This driver is
amplified by the need for energy resilience in regions vulnerable to
climate-induced disruptions, positioning underwater turbines as a strategic
asset.
In 2023, Asia Pacific’s
coastal regions added 5 megawatts of underwater turbine capacity, serving 1,250
households, per the Asian Development Bank. Globally, 100 micro-turbine
installations in island nations generated 50 megawatts in 2022, powering 12,500
homes. In Indonesia, tidal projects contributed 10 gigawatt-hours annually,
reducing diesel consumption by 2.5 million liters, saving USD 3 million in fuel
costs and cutting emissions equivalent to 5,000 tons of CO2.

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Key Market Challenges
High Capital Expenditure
and Installation Complexity
One of the foremost
challenges impeding the large-scale deployment of underwater turbines is the
substantial capital investment required for project development and
installation. Underwater turbines, unlike traditional land-based wind or solar
technologies, demand advanced marine-grade materials capable of withstanding
corrosion, pressure variations, and biofouling. The high costs are further
amplified by complex engineering, custom-built infrastructure, subsea cabling,
underwater foundations, and the use of specialized vessels for turbine
deployment and retrieval. In addition, access to suitable underwater locations
is often limited by geological factors, seabed composition, and proximity to
the electrical grid, which collectively elevate the overall cost of site
assessment and preparation.
Moreover, subsea operations
necessitate significant investment in remote-operated vehicles, autonomous
underwater monitoring systems, and sonar mapping technologies, all of which
contribute to escalated project budgets. From a business standpoint, this high
upfront expenditure poses a significant barrier to entry, especially for small
and medium-sized energy developers. The return on investment for such projects
may take a prolonged period to materialize, making it financially unattractive
compared to faster-yielding renewable alternatives such as solar photovoltaic
or onshore wind energy.
Furthermore, the lack of
standardized components and universal design frameworks for underwater turbines
contributes to non-uniformity and cost inefficiencies across projects. Even
though long-term operational costs may be relatively lower due to the reliability
of tidal and ocean current energy sources, the initial financial burden deters
both public and private sector stakeholders from aggressively pursuing
development in this space. As a result, the high capital expenditure and
installation challenges remain key bottlenecks that hinder the scalability and
commercialization of the underwater turbine market on a global level.
Environmental and Marine
Ecosystem Concerns
The deployment of
underwater turbines in oceanic and riverine environments introduces a range of
ecological challenges that must be addressed for sustainable market expansion.
These turbines operate in biologically diverse marine ecosystems that host various
aquatic species, many of which are sensitive to alterations in water flow,
acoustic disturbances, and habitat modifications. The turbine blades, despite
often being designed to rotate slowly and minimize harm, pose collision risks
to fish, mammals, and other marine organisms.
Additionally, the
underwater acoustic emissions generated by turbine operations and installation
activities may interfere with the communication, navigation, and migration
behaviors of cetaceans and other marine species that rely on sonar and
echo-location. Sediment disruption during construction and anchor placement can
also lead to turbidity and the potential displacement of benthic organisms,
altering the local marine ecology. These ecological impacts raise significant
regulatory scrutiny and often necessitate exhaustive environmental impact
assessments, delaying project approvals and increasing compliance costs.
Public opposition and
resistance from environmental advocacy groups further complicate the
development process, particularly in ecologically sensitive or protected marine
zones. Furthermore, the long-term ecological effects of large-scale underwater
turbine deployment remain largely unstudied, leading to scientific
uncertainties that dissuade both investors and regulators. The lack of robust,
large-scale environmental datasets and the absence of harmonized marine
conservation standards globally add to the complexity.
From a business and policy
standpoint, balancing energy generation goals with ecological conservation
mandates presents a substantial challenge. Regulatory frameworks must evolve to
support innovation in environmentally friendly turbine technologies, while
still safeguarding marine biodiversity. Until these ecological considerations
are systematically addressed, environmental concerns will continue to constrain
the expansion and social acceptance of the underwater turbine market.
Key Market Trends
Increasing Integration of
Underwater Turbines with Hybrid Renewable Energy Systems
A significant trend in the
underwater turbine market is the growing integration of these systems with
hybrid renewable energy platforms that include offshore wind, solar
photovoltaic, and battery storage. The consistent and predictable nature of
tidal and ocean currents allows underwater turbines to complement intermittent
energy sources such as wind and solar. As energy stakeholders increasingly
focus on balancing grid reliability with sustainability goals, hybrid
configurations are becoming more attractive.
Underwater turbines can
provide base-load power due to their high predictability, which supports grid
stability even when wind and solar output fluctuate. Furthermore, the shared
use of subsea infrastructure such as cabling and transmission hubs for hybrid
systems reduces the capital expenditure associated with individual projects. As
nations worldwide strive to decarbonize their energy systems, the integration
of underwater turbines into multi-source energy clusters is emerging as a
preferred model.
This integration is also
aligned with the strategic objectives of island nations and remote coastal
regions where land availability is limited, and a diversified portfolio of
renewable energy sources is essential to meet local demand. The trend is further
bolstered by advances in digital technologies such as smart energy management
systems and artificial intelligence-based monitoring tools that ensure
efficient coordination between different renewable sources. As this hybrid
deployment model proves effective in pilot projects, it is anticipated that the
underwater turbine market will see heightened investment interest and increased
commercial installations, particularly in regions with strong tidal resources
and pre-existing offshore infrastructure.
Advancements in Modular and
Scalable Turbine Designs
The evolution toward
modular and scalable underwater turbine designs is shaping the future
trajectory of the underwater turbine market. Manufacturers are increasingly
focusing on flexible designs that allow easy customization and deployment in
various water depths, flow velocities, and geological conditions. Modular units
offer the advantage of phased installation, which reduces upfront capital risks
and allows for quicker testing and commissioning phases. These systems can be
expanded over time by adding more units based on energy demand or site-specific
assessments.
Furthermore, modular
underwater turbines simplify transportation and assembly logistics, which is
particularly beneficial for remote or hard-to-access coastal locations. This
adaptability is also encouraging smaller energy developers and regional governments
to invest in marine energy, expanding the market beyond the domain of large
utility-scale projects. Scalability also makes underwater turbines suitable for
micro-grid applications and off-grid power systems, serving isolated
communities and industrial operations such as aquaculture, marine research
facilities, and naval bases.
The emphasis on modular
design is supported by recent innovations in lightweight composite materials,
corrosion-resistant coatings, and magnetically driven generators that reduce
maintenance frequency and operational costs.
The ability to integrate
these scalable turbines with real-time monitoring systems further enhances
their appeal, as operators can remotely track performance and optimize
generation. As the trend toward decentralized and flexible energy systems
continues to gain momentum, the demand for modular underwater turbines is
expected to surge, providing a viable pathway for the market to penetrate both
developed and emerging economies.
Rising Government
Incentives and Supportive Regulatory Frameworks
Governments across various
coastal nations are increasingly recognizing the strategic importance of
harnessing underwater energy and are responding with supportive regulatory
frameworks and incentives. This trend is driving growth in the underwater turbine
market, as such policy backing reduces the financial and administrative burden
on project developers. Countries are introducing feed-in tariffs, tax benefits,
streamlined permitting procedures, and dedicated marine spatial planning
initiatives to encourage the deployment of underwater turbines.
In many regions,
governmental bodies are also funding research and development activities aimed
at reducing the levelized cost of energy from tidal and ocean currents. These
measures are not only improving investor confidence but also accelerating
technology commercialization. Moreover, underwater turbine installations are
often being included in national renewable energy targets and marine energy
roadmaps, providing clear direction for future capacity additions.
Public-private partnerships are being formed to demonstrate pilot projects,
validate turbine technologies, and create testbeds for innovation.
International cooperation through marine energy alliances is also helping
harmonize standards and share technical know-how across borders.
Additionally, coastal
states and provinces are investing in port infrastructure, offshore grid
connectivity, and skilled workforce development to attract marine energy
developers. The growing policy focus on energy security, especially in the
context of climate change and geopolitical uncertainties, further positions
underwater turbines as a resilient and domestic source of clean power. As
regulatory clarity improves and incentives are scaled, the underwater turbine
market is likely to witness increased participation from both established
energy players and emerging marine technology firms.
Segmental Insights
Type Insights
In 2024, the horizontal
axis turbine segment held the dominant position in the global underwater
turbine market and is projected to maintain its leading status throughout the
forecast period. This dominance is primarily attributed to the technological maturity
and operational efficiency of horizontal axis turbines, which are well-suited
for consistent tidal and marine current environments. Horizontal axis turbines
resemble traditional wind turbines but are installed underwater and aligned
with the direction of the water flow, making them highly efficient in capturing
kinetic energy from predictable tidal streams.
Their streamlined design
allows for scalable deployment, improved performance in low-velocity flows, and
easier maintenance compared to vertical axis turbines. Moreover, the widespread
research and development efforts from established players have led to increased
reliability, enhanced blade designs, and reduced costs for horizontal axis
turbine systems. These systems are being deployed in various large-scale pilot
projects across Europe, North America, and parts of Asia Pacific, where tidal
resources are abundant. Additionally, regulatory support and government funding
directed towards harnessing tidal energy in a sustainable and low-impact manner
have further contributed to the segment’s growth.
The increasing focus on
diversifying renewable energy portfolios and minimizing the ecological
footprint of power generation technologies is also encouraging the adoption of
horizontal axis turbines. Industry stakeholders are increasingly favoring this
type due to its proven track record in marine trials and ability to integrate
with underwater grid infrastructure. Furthermore, horizontal axis turbines
offer higher capacity factors and easier alignment with water currents,
ensuring consistent energy generation with lower operational disruptions.
As environmental impact
assessments and technological standardizations continue to improve, this
segment is poised to attract further investment and commercialization
opportunities. Therefore, the horizontal axis turbine segment is expected to
continue leading the underwater turbine market over the coming years, driven by
its operational reliability, engineering advancements, and strategic alignment
with global decarbonization goals.
Capacity Insights
In 2024, the 100–500
kilowatt segment emerged as the dominant category in the global underwater
turbine market and is expected to maintain its leading position during the
forecast period. This dominance is primarily driven by the segment's ability to
effectively balance between small-scale and large-scale power generation
requirements, making it suitable for a wide range of commercial and
utility-scale marine energy projects. Turbines within this capacity range are
increasingly being adopted for both grid-connected and off-grid coastal
applications, especially in island nations and remote coastal regions where
traditional energy infrastructure is limited or environmentally unsustainable.
The 100–500 kilowatt
capacity turbines offer greater energy output compared to lower capacity
turbines, making them ideal for communities and businesses seeking a reliable
renewable power source without the complexity and cost of deploying very
high-capacity systems. Moreover, this segment benefits from technological
innovation and modular designs that simplify installation, maintenance, and
scaling of marine energy farms. Governments and energy developers across
Europe, North America, and Asia Pacific are investing in mid-sized underwater
turbine projects as part of broader strategies to decarbonize energy systems
and reduce reliance on fossil fuels.
Additionally, this
capacity segment aligns well with current regulatory frameworks and marine
spatial planning initiatives, enabling quicker permitting processes and reduced
environmental concerns. The increasing affordability of components,
advancements in materials that enhance corrosion resistance and hydrodynamic
efficiency, and the growing availability of underwater grid connectivity
solutions further support the market share of the 100–500 kilowatt segment.
These systems are
particularly attractive for commercial aquaculture operations, military bases,
research facilities, and coastal communities aiming to harness marine currents
for consistent power generation. As awareness of marine energy’s reliability and
ecological advantages grows, this mid-range capacity segment is expected to
witness sustained deployment and continued dominance in the global underwater
turbine market.
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Regional Insights
Largest Region
In 2024, Europe emerged as the dominant region in
the global underwater turbine market and is anticipated to maintain its leading
position throughout the forecast period. This regional dominance is largely
attributed to the continent’s proactive and robust policy frameworks supporting
the transition to renewable energy sources, especially marine-based solutions.
Countries such as the United Kingdom, Norway, France, and the Netherlands have
made significant investments in marine renewable energy projects, including
tidal and underwater turbine systems.
Europe’s advanced technological infrastructure,
strong research and development ecosystem, and well-established marine
engineering capabilities have positioned it at the forefront of underwater
turbine deployment. Moreover, the region benefits from an abundance of
high-potential sites for underwater turbines, particularly along the Atlantic
coastline and North Sea, where tidal currents are strong and predictable. The
European Union’s commitment to achieving net-zero emissions and reducing
dependence on conventional fossil fuel sources has further stimulated
investments in marine energy solutions, with underwater turbines gaining
traction due to their continuous and reliable power generation.
Additionally, supportive regulatory frameworks,
financial incentives, and research grants have encouraged public-private
partnerships to accelerate commercial deployments of underwater turbines.
Collaborations among technology developers, utility companies, and governmental
bodies have also played a pivotal role in scaling up pilot projects to
large-scale commercial operations. The growing emphasis on energy security,
especially in light of geopolitical uncertainties and the need for
decentralized energy systems, has further intensified the focus on local and
sustainable energy sources like underwater turbines in Europe.
Furthermore, initiatives such as the European Green
Deal and the Clean Energy for All Europeans package have provided long-term
strategic direction, fostering innovation and investment in underwater turbine
technologies. As European nations continue to prioritize decarbonization and
technological leadership in marine renewables, the region is expected to
sustain its dominance in the global underwater turbine market over the forecast
period.
Emerging Region
The Middle East and Africa region is emerging as a
promising and strategic region in the global underwater turbine market during
the forecast period. This emergence is primarily attributed to the region’s
increasing commitment to diversifying energy sources beyond oil and gas, driven
by climate resilience goals and economic diversification agendas such as Saudi
Arabia’s Vision 2030 and the United Arab Emirates’ long-term energy strategies.
Several nations across the Gulf Cooperation Council and the African coastline
are beginning to explore marine energy solutions to address energy access
challenges in coastal and island communities while simultaneously reducing
dependency on fossil fuels.
Although the underwater turbine market in this
region is currently at a nascent stage, governments and regional agencies are
beginning to invest in pilot projects and feasibility studies focused on tidal
and marine current energy. The abundance of untapped marine resources, long
coastlines, and favorable current patterns provide a strong geographical
foundation for the growth of underwater turbine installations.
Additionally, global renewable energy players are
showing growing interest in forming joint ventures and technology transfer
agreements with local entities to expand into this underdeveloped market.
African countries such as South Africa, Kenya, and Ghana are also beginning to
evaluate marine energy as part of broader renewable energy initiatives, driven
by international support and funding from climate-focused institutions.
The evolving regulatory landscape, increasing
awareness of marine renewable potential, and growing international
collaboration signal a rising momentum in this region. As the region continues
to develop its technical capabilities and infrastructure, the Middle East and
Africa is expected to emerge as a key contributor to the long-term expansion of
the underwater turbine market during the forecast period.
Recent Development
- In February 2025, Proteus Marine
Renewables successfully deployed its AR1100 horizontal-axis tidal turbine in
Japan’s Naru Strait, marking the country’s first megawatt-scale, grid-connected
tidal energy system with a capacity of 1.1 megawatt. At the same time, Minesto
AB launched its Dragon 12 tidal kite in the Faroe Islands, generating 1.2
megawatt. This upgrade from previous 100 kilowatt units marks the initial phase
of a larger development aimed at achieving up to 200 megawatt capacity to
enhance island grid independence.
- In May 2024, Orbital Marine
Power partnered with Global Energy Group to manufacture turbines for its 9.6
megawatt Contracts-for-Difference projects in Orkney, scheduled for deployment
between 2026 and 2028. The company also announced plans for a 30 megawatt
floating turbine array in Canada’s Bay of Fundy. Additionally, Orbital Marine
Power is participating in a United States Department of Energy-funded
initiative aimed at advancing floating ocean current turbine deployment and
ensuring adherence to environmental compliance standards.
- In March 2025, SIMEC Atlantis
Energy entered into a 15-year electricity supply agreement under the United
Kingdom Capacity Market for its 120 megawatt AW1 battery storage project at the
Uskmouth Sustainable Energy Park. The contract ensures a fixed annual revenue
of £60 per kilowatt, offering strong financial security. This long-term deal
marks a major milestone for the project and significantly enhances the
company’s financial outlook as it moves toward securing full financial closure
and advancing project implementation.
- In December 2024, SIMEC Atlantis
Energy achieved full-power operation at its flagship MeyGen tidal stream
project in Scotland, marking a major operational milestone. This advancement
strengthens the company’s status as the operator of the world’s foremost tidal
energy site. The successful performance not only validates the project’s
technological capabilities but also paves the way for future expansion of tidal
energy capacity currently under development, reinforcing SIMEC Atlantis’s
leadership role in the global marine renewable energy sector.
Key Market Players
- Verdant Power, Inc.
- Ocean Renewable Power
Company (ORPC)
- SIMEC Atlantis Energy
Ltd
- Voith Hydro GmbH &
Co. KG
- Andritz Hydro GmbH
- Tocardo International BV
- Nova Innovation Ltd.
- Sabella SAS
- Minesto AB
- HydroQuest
|
By Type
|
By Capacity
|
By End-User
|
By Region
|
- Horizontal
Axis Turbine
- Vertical
Axis Turbine
|
- Less than
100 Kilowatt
- 100–500
Kilowatt
- Above 500
Kilowatt
|
- Commercial
- Industrial
- Utility
|
- North
America
- Europe
- South
America
- Middle East
& Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Underwater Turbine
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Underwater Turbine Market, By
Type:
o Horizontal Axis Turbine
o Vertical Axis Turbine
- Underwater Turbine Market, By
Capacity:
o Less than 100 Kilowatt
o 100–500 Kilowatt
o Above 500 Kilowatt
- Underwater Turbine Market, By
End-User:
o Commercial
o Industrial
o Utility
- Underwater Turbine Market,
By Region:
o North America
§
United
States
§
Canada
§
Mexico
o Europe
§
Germany
§
France
§
United
Kingdom
§
Italy
§
Spain
o South America
§
Brazil
§
Argentina
§
Colombia
o Asia-Pacific
§
China
§
India
§
Japan
§
South
Korea
§
Australia
o Middle East & Africa
§
Saudi
Arabia
§
UAE
§
South
Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Global Underwater Turbine Market.
Available Customizations:
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profiling of additional market players (up to five).
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