North America Wave and Tidal Energy Market By Technology, By Region/Country

Market Dynamics

Tidal Stream Generator is the biggest of 4 groups as of 2024, at 770.30M USD (65% of the combined total).

Barrage is runner-up at 224.80M USD — 71% off the lead.

Tidal Stream Generator climbs from 161.30M USD (2017) to 770.30M USD (2024), a 378% gain.

Barrage grows to 224.80M USD by 2024, from 52.10M USD in 2017 — 331% up.

Oscillating Water Columns: 32.70M USD in 2017 to 137.90M USD by 2024, up 322%.

Others: 15.20M USD to 55.20M USD, 263% higher by 2024.

Combined, all 4 groups add up to 1.19B USD by 2024 — 355% up from 261.30M USD in 2017.

Reading A Multi-Series Chart

There are 4 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.

Do not confuse "biggest" with "fastest-growing" — they are frequently different series on a chart like this one, and the gap between them can close faster than the current ranking suggests.

Treat these values as a directional estimate of the North America Wave and Tidal Energy market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.

Figures before the 2018 base year are historical estimates; the years through 2024 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.