Oct 15 2014
The Global Tidal Energy Market 2014-2018 is a 62 pages research report published in October 2014 and now available in the energy and power industry research and intelligence section of ReportsnReports.com.
This research recognizes the following companies as the key players in the industry: BioPower Systems, Blue Energy Canada Inc., OpenHydro Group Ltd, Pulse Tidal and Verdant Power Inc. Other Prominent Vendors in the market are: Alstom, Atlantis Resources, BAUER Renewables, Flumill, Minesto, Ocean Renewable Power, Scotrenewables Tidal Power, Tenax Energy, Tidal Electric and Tidal Energy. Complete report is available at http://www.reportsnreports.com/reports/300172-global-tidal-energy-market-2014-2018.html .
Commenting on the tidal energy market report, an analyst from the research team said: "The increased adoption of power generation from renewable energy is one of the major trends of the Global Tidal Energy market. Increase in adoption of environment-friendly technology for power generation significantly increases the growth of the market for tidal energy."
According to the report, one of the main drivers of the Global Tidal Energy market is the upsurge in global power demand. The increase in energy demand worldwide led to the elevated use of tidal energy by several governments and vendors to reduce their dependency on fossil fuels. This in turn is expected to boost the market during the forecast period. Further, the report states that the large capital cost involved in the generation of electricity through tidal energy. The location of the power plant, for example, a location near the seabed, involves high capital cost and this increases the construction cost significantly.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Tidal energy is a form of hydropower generation, which converts the energy from tides into electricity. A typical tidal power plant is run by an underwater turbine that rotates and converts mechanical power to electrical power. The electrical power thus produced is sent to the shore with the help of a generator. The commercial deployment of tidal power projects is in its nascent stage, although it has the potential for future power generation.
The Global Tidal Energy Market 2014-2018 research report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Tidal Energy market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=300172 .
Key questions on tidal energy market that this research helps answer include: What will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?