Industry: Energy & Power
Published Date: 2025-08-14
Pages: 111 Pages
Report ld: 4926304
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Tidal Stream Energy Device Market Size(US$)

CAGR 2025-2031
18.2%
Market Size,2031
USD 1,656
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Tidal Stream Energy Device was estimated to be worth US$ 515 million in 2024 and is forecast to a readjusted size of US$ 1656 million by 2031 with a CAGR of 18.2% during the forecast period 2025-2031.
A Tidal Stream Energy Device is a type of renewable energy technology that harnesses the kinetic energy of fast-moving tidal currents to generate electricity. These devices are typically installed on the seabed in areas with strong tidal flows and function similarly to underwater wind turbines, with rotor blades driven by the natural movement of water. Unlike tidal barrages, they do not require large dams or barriers and are considered less invasive to marine environments. Tidal stream devices offer predictable and consistent energy output due to the regularity of tidal patterns, making them a promising source of clean, sustainable electricity.
North American market for Tidal Stream Energy Device was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Tidal Stream Energy Device was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Tidal Stream Energy Device was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies of Tidal Stream Energy Device include Orbital Marine Power, HydroQuest, Magallanes Renovables, Andritz, Nova Innovation, Minesto, SAE Renewables, Tocardo, ORPC, Inyanga Marine Energy, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Tidal Stream Energy Device, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Tidal Stream Energy Device by region & country, by Type, and by Application.
The Tidal Stream Energy Device market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tidal Stream Energy Device.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Tidal Stream Energy Device company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Tidal Stream Energy Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Tidal Stream Energy Device in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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TABLE OF CONTENTS
1 Market Overview
1.1 Tidal Stream Energy Device Product Introduction
1.2 Global Tidal Stream Energy Device Market Size Forecast (2020-2031)
1.3 Tidal Stream Energy Device Market Trends & Drivers
1.3.1 Tidal Stream Energy Device Industry Trends
1.3.2 Tidal Stream Energy Device Market Drivers & Opportunity
1.3.3 Tidal Stream Energy Device Market Challenges
1.3.4 Tidal Stream Energy Device Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Tidal Stream Energy Device Players Revenue Ranking (2024)
2.2 Global Tidal Stream Energy Device Revenue by Company (2020-2025)
2.3 Key Companies Tidal Stream Energy Device Manufacturing Base Distribution and Headquarters
2.4 Key Companies Tidal Stream Energy Device Product Offered
2.5 Key Companies Time to Begin Mass Production of Tidal Stream Energy Device
2.6 Tidal Stream Energy Device Market Competitive Analysis
2.6.1 Tidal Stream Energy Device Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Tidal Stream Energy Device Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Tidal Stream Energy Device as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Horizontal Axis Turbines
3.1.2 Vertical Axis Turbines
3.1.3 Oscillating Hydrofoils
3.1.4 Venturi Devices
3.1.5 Archimedes Screws
3.1.6 Tidal Kites
3.2 Global Tidal Stream Energy Device Sales Value by Type
3.2.1 Global Tidal Stream Energy Device Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Tidal Stream Energy Device Sales Value, by Type (2020-2031)
3.2.3 Global Tidal Stream Energy Device Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Small Pilot Scale Units
4.1.2 Medium Industrial Scale Units
4.1.3 Large Industrial Scale Units
4.2 Global Tidal Stream Energy Device Sales Value by Application
4.2.1 Global Tidal Stream Energy Device Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Tidal Stream Energy Device Sales Value, by Application (2020-2031)
4.2.3 Global Tidal Stream Energy Device Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Tidal Stream Energy Device Sales Value by Region
5.1.1 Global Tidal Stream Energy Device Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Tidal Stream Energy Device Sales Value by Region (2020-2025)
5.1.3 Global Tidal Stream Energy Device Sales Value by Region (2026-2031)
5.1.4 Global Tidal Stream Energy Device Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Tidal Stream Energy Device Sales Value, 2020-2031
5.2.2 North America Tidal Stream Energy Device Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Tidal Stream Energy Device Sales Value, 2020-2031
5.3.2 Europe Tidal Stream Energy Device Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Tidal Stream Energy Device Sales Value, 2020-2031
5.4.2 Asia Pacific Tidal Stream Energy Device Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Tidal Stream Energy Device Sales Value, 2020-2031
5.5.2 South America Tidal Stream Energy Device Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Tidal Stream Energy Device Sales Value, 2020-2031
5.6.2 Middle East & Africa Tidal Stream Energy Device Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Tidal Stream Energy Device Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Tidal Stream Energy Device Sales Value, 2020-2031
6.3 United States
6.3.1 United States Tidal Stream Energy Device Sales Value, 2020-2031
6.3.2 United States Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Tidal Stream Energy Device Sales Value, 2020-2031
6.4.2 Europe Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Tidal Stream Energy Device Sales Value, 2020-2031
6.5.2 China Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.5.3 China Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Tidal Stream Energy Device Sales Value, 2020-2031
6.6.2 Japan Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Tidal Stream Energy Device Sales Value, 2020-2031
6.7.2 South Korea Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Tidal Stream Energy Device Sales Value, 2020-2031
6.8.2 Southeast Asia Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Tidal Stream Energy Device Sales Value, 2020-2031
6.9.2 India Tidal Stream Energy Device Sales Value by Type (%), 2024 VS 2031
6.9.3 India Tidal Stream Energy Device Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Orbital Marine Power
7.1.1 Orbital Marine Power Profile
7.1.2 Orbital Marine Power Main Business
7.1.3 Orbital Marine Power Tidal Stream Energy Device Products, Services and Solutions
7.1.4 Orbital Marine Power Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.1.5 Orbital Marine Power Recent Developments
7.2 HydroQuest
7.2.1 HydroQuest Profile
7.2.2 HydroQuest Main Business
7.2.3 HydroQuest Tidal Stream Energy Device Products, Services and Solutions
7.2.4 HydroQuest Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.2.5 HydroQuest Recent Developments
7.3 Magallanes Renovables
7.3.1 Magallanes Renovables Profile
7.3.2 Magallanes Renovables Main Business
7.3.3 Magallanes Renovables Tidal Stream Energy Device Products, Services and Solutions
7.3.4 Magallanes Renovables Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.3.5 Magallanes Renovables Recent Developments
7.4 Andritz
7.4.1 Andritz Profile
7.4.2 Andritz Main Business
7.4.3 Andritz Tidal Stream Energy Device Products, Services and Solutions
7.4.4 Andritz Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.4.5 Andritz Recent Developments
7.5 Nova Innovation
7.5.1 Nova Innovation Profile
7.5.2 Nova Innovation Main Business
7.5.3 Nova Innovation Tidal Stream Energy Device Products, Services and Solutions
7.5.4 Nova Innovation Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.5.5 Nova Innovation Recent Developments
7.6 Minesto
7.6.1 Minesto Profile
7.6.2 Minesto Main Business
7.6.3 Minesto Tidal Stream Energy Device Products, Services and Solutions
7.6.4 Minesto Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.6.5 Minesto Recent Developments
7.7 SAE Renewables
7.7.1 SAE Renewables Profile
7.7.2 SAE Renewables Main Business
7.7.3 SAE Renewables Tidal Stream Energy Device Products, Services and Solutions
7.7.4 SAE Renewables Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.7.5 SAE Renewables Recent Developments
7.8 Tocardo
7.8.1 Tocardo Profile
7.8.2 Tocardo Main Business
7.8.3 Tocardo Tidal Stream Energy Device Products, Services and Solutions
7.8.4 Tocardo Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.8.5 Tocardo Recent Developments
7.9 ORPC
7.9.1 ORPC Profile
7.9.2 ORPC Main Business
7.9.3 ORPC Tidal Stream Energy Device Products, Services and Solutions
7.9.4 ORPC Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.9.5 ORPC Recent Developments
7.10 Inyanga Marine Energy
7.10.1 Inyanga Marine Energy Profile
7.10.2 Inyanga Marine Energy Main Business
7.10.3 Inyanga Marine Energy Tidal Stream Energy Device Products, Services and Solutions
7.10.4 Inyanga Marine Energy Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.10.5 Inyanga Marine Energy Recent Developments
7.11 Verdant Power
7.11.1 Verdant Power Profile
7.11.2 Verdant Power Main Business
7.11.3 Verdant Power Tidal Stream Energy Device Products, Services and Solutions
7.11.4 Verdant Power Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.11.5 Verdant Power Recent Developments
7.12 EEL Energy
7.12.1 EEL Energy Profile
7.12.2 EEL Energy Main Business
7.12.3 EEL Energy Tidal Stream Energy Device Products, Services and Solutions
7.12.4 EEL Energy Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.12.5 EEL Energy Recent Developments
7.13 MAKO Energy
7.13.1 MAKO Energy Profile
7.13.2 MAKO Energy Main Business
7.13.3 MAKO Energy Tidal Stream Energy Device Products, Services and Solutions
7.13.4 MAKO Energy Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.13.5 MAKO Energy Recent Developments
7.14 LHD New Energy
7.14.1 LHD New Energy Profile
7.14.2 LHD New Energy Main Business
7.14.3 LHD New Energy Tidal Stream Energy Device Products, Services and Solutions
7.14.4 LHD New Energy Tidal Stream Energy Device Revenue (US$ Million) & (2020-2025)
7.14.5 LHD New Energy Recent Developments
8 Industry Chain Analysis
8.1 Tidal Stream Energy Device Industrial Chain
8.2 Tidal Stream Energy Device Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Tidal Stream Energy Device Sales Model
8.5.2 Sales Channel
8.5.3 Tidal Stream Energy Device Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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The global Tidal Stream Energy Device market is projected to grow from US$ 609 million in 2025 to US$ 1927 million by 2032, at a CAGR of 18.2% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published: 2026-03-12
Pages: 139
The global Tidal Stream Energy Device market size was US$ 609 million in 2025 and is forecast to reach a readjusted size of US$ 1927 million by 2032 with a CAGR of 18.2% during the forecast period 2026-2032.
Published: 2026-03-12
Pages: 99
The global Tidal Stream Energy Device market was valued at US$ 609 million in 2025 and is anticipated to reach US$ 1927 million by 2032, at a CAGR of 18.2% from 2026 to 2032.
Published: 2026-03-12
Pages: 120
The global market for Tidal Stream Energy Device was estimated to be worth US$ 609 million in 2025 and is projected to reach US$ 1927 million, growing at a CAGR of 18.2% from 2026 to 2032.
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The global Tidal Stream Energy Device market is projected to grow from US$ 515 million in 2024 to US$ 1656 million by 2031, at a CAGR of 18.2% (2025-2031), driven by critical product segments and diverse end‑use applications.
Published: 2025-08-14
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The global Tidal Stream Energy Device market size was US$ 515 million in 2024 and is forecast to a readjusted size of US$ 1656 million by 2031 with a CAGR of 18.2% during the forecast period 2025-2031.
Published: 2025-08-14
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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