Industry: Energy & Power
Published Date: 2026-03-12
Pages: 99 Pages
Report ld: 6250183
Request Sample
Customized Report
Tidal Stream Energy Device Market Size(US$)

CAGR 2026-2032
18.2%
Market Size,2032
USD 1,927
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
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.
In 2025, the North America Tidal Stream Energy Device market was US$ million, while the Europe market stood at US$ million. North America accounted for % of the global market in 2025 and Europe for %. Europe’s share is expected to reach % by 2032, corresponding to a CAGR of % over the analysis period.
The global key players of Tidal Stream Energy Device include Orbital Marine Power, HydroQuest, Magallanes Renovables, Andritz, Nova Innovation, Minesto, SAE Renewables, Tocardo, ORPC, Inyanga Marine Energy, among others. In 2025, the top five players accounted for approximately % of global market revenue.
In terms of revenue, the top three players in North America accounted for about % of the market in 2025, while the top three in Europe held nearly %.
The global Tidal Stream Energy Device market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2021-2032.
MARKET SEGMENTATION
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Tidal Stream Energy Device value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size and Growth by Type: 2021 vs 2025 vs 2032
1.2.2 Horizontal Axis Turbines
1.2.3 Vertical Axis Turbines
1.2.4 Oscillating Hydrofoils
1.2.5 Venturi Devices
1.2.6 Archimedes Screws
1.2.7 Tidal Kites
1.3 Market by Application
1.3.1 Global Market Share by Application: 2021 vs 2025 vs 2032
1.3.2 Small Pilot Scale Units
1.3.3 Medium Industrial Scale Units
1.3.4 Large Industrial Scale Units
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Tidal Stream Energy Device Market Perspective (2021-2032)
2.2 Global Market Size by Region: 2021 vs 2025 vs 2032
2.3 Global Tidal Stream Energy Device Market Share by Revenue, by Region (2021-2026)
2.4 Global Tidal Stream Energy Device Revenue Forecast by Region (2027-2032)
2.5 Major Regions and Emerging Markets Analysis
2.5.1 North America Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.2 Europe Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.3 China Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.4 Japan Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.5 Southeast Asia Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.6 India Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.7 South America Tidal Stream Energy Device Market Size and Prospective (2021-2032)
2.5.8 Middle East Tidal Stream Energy Device Market Size and Prospective (2021-2032)
3 Breakdown Data by Type
3.1 Global Tidal Stream Energy Device Historical Market Size by Type (2021-2026)
3.2 Global Tidal Stream Energy Device Forecasted Market Size by Type (2027-2032)
3.3 Representative Players for Different Types of Tidal Stream Energy Device
4 Breakdown Data by Application
4.1 Global Tidal Stream Energy Device Historical Market Size by Application (2021-2026)
4.2 Global Tidal Stream Energy Device Forecasted Market Size by Application (2027-2032)
4.3 New Sources of Growth in Tidal Stream Energy Device Applications
5 Competitive Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Tidal Stream Energy Device Players by Revenue (2021-2026)
5.1.2 Global Tidal Stream Energy Device Market Share by Revenue, by Players (2021-2026)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Tidal Stream Energy Device Revenue
5.4 Global Tidal Stream Energy Device Market Concentration Analysis
5.4.1 Global Tidal Stream Energy Device Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Tidal Stream Energy Device Revenue in 2025
5.5 Global Key Players of Tidal Stream Energy Device Head Offices and Areas Served
5.6 Global Key Players of Tidal Stream Energy Device, Product and Application
5.7 Global Key Players of Tidal Stream Energy Device, Date of Entry into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Tidal Stream Energy Device Revenue by Company (2021-2026)
6.1.2 North America Market Size by Type
6.1.2.1 North America Tidal Stream Energy Device Market Size by Type (2021-2026)
6.1.2.2 North America Tidal Stream Energy Device Market Share by Type (2021-2026)
6.1.3 North America Market Size by Application
6.1.3.1 North America Tidal Stream Energy Device Market Size by Application (2021-2026)
6.1.3.2 North America Tidal Stream Energy Device Market Share by Application (2021-2026)
6.1.4 North America Tidal Stream Energy Device Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Tidal Stream Energy Device Revenue by Company (2021-2026)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Tidal Stream Energy Device Market Size by Type (2021-2026)
6.2.2.2 Europe Tidal Stream Energy Device Market Share by Type (2021-2026)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Tidal Stream Energy Device Market Size by Application (2021-2026)
6.2.3.2 Europe Tidal Stream Energy Device Market Share by Application (2021-2026)
6.2.4 Europe Tidal Stream Energy Device Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Tidal Stream Energy Device Revenue by Company (2021-2026)
6.3.2 China Market Size by Type
6.3.2.1 China Tidal Stream Energy Device Market Size by Type (2021-2026)
6.3.2.2 China Tidal Stream Energy Device Market Share by Type (2021-2026)
6.3.3 China Market Size by Application
6.3.3.1 China Tidal Stream Energy Device Market Size by Application (2021-2026)
6.3.3.2 China Tidal Stream Energy Device Market Share by Application (2021-2026)
6.3.4 China Tidal Stream Energy Device Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Tidal Stream Energy Device Revenue by Company (2021-2026)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Tidal Stream Energy Device Market Size by Type (2021-2026)
6.4.2.2 Japan Tidal Stream Energy Device Market Share by Type (2021-2026)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Tidal Stream Energy Device Market Size by Application (2021-2026)
6.4.3.2 Japan Tidal Stream Energy Device Market Share by Application (2021-2026)
6.4.4 Japan Tidal Stream Energy Device Major Customers
6.4.5 Japan Market Trends and Opportunities
6.5 Southeast Asia Market: Players, Segments, Downstream and Major Customers
6.5.1 Southeast Asia Tidal Stream Energy Device Revenue by Company (2021-2026)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Tidal Stream Energy Device Market Size by Type (2021-2026)
6.5.2.2 Southeast Asia Tidal Stream Energy Device Market Share by Type (2021-2026)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Tidal Stream Energy Device Market Size by Application (2021-2026)
6.5.3.2 Southeast Asia Tidal Stream Energy Device Market Share by Application (2021-2026)
6.5.4 Southeast Asia Tidal Stream Energy Device Major Customers
6.5.5 Southeast Asia Market Trends and Opportunities
6.6 India Market: Players, Segments, Downstream and Major Customers
6.6.1 India Tidal Stream Energy Device Revenue by Company (2021-2026)
6.6.2 India Market Size by Type
6.6.2.1 India Tidal Stream Energy Device Market Size by Type (2021-2026)
6.6.2.2 India Tidal Stream Energy Device Market Share by Type (2021-2026)
6.6.3 India Market Size by Application
6.6.3.1 India Tidal Stream Energy Device Market Size by Application (2021-2026)
6.6.3.2 India Tidal Stream Energy Device Market Share by Application (2021-2026)
6.6.4 India Tidal Stream Energy Device Major Customers
6.6.5 India Market Trends and Opportunities
7 Key Player Profiles
7.1 Orbital Marine Power
7.1.1 Orbital Marine Power Company Details
7.1.2 Orbital Marine Power Business Overview
7.1.3 Orbital Marine Power Tidal Stream Energy Device Introduction
7.1.4 Orbital Marine Power Revenue in Tidal Stream Energy Device Business (2021-2026)
7.1.5 Orbital Marine Power Recent Development
7.2 HydroQuest
7.2.1 HydroQuest Company Details
7.2.2 HydroQuest Business Overview
7.2.3 HydroQuest Tidal Stream Energy Device Introduction
7.2.4 HydroQuest Revenue in Tidal Stream Energy Device Business (2021-2026)
7.2.5 HydroQuest Recent Development
7.3 Magallanes Renovables
7.3.1 Magallanes Renovables Company Details
7.3.2 Magallanes Renovables Business Overview
7.3.3 Magallanes Renovables Tidal Stream Energy Device Introduction
7.3.4 Magallanes Renovables Revenue in Tidal Stream Energy Device Business (2021-2026)
7.3.5 Magallanes Renovables Recent Development
7.4 Andritz
7.4.1 Andritz Company Details
7.4.2 Andritz Business Overview
7.4.3 Andritz Tidal Stream Energy Device Introduction
7.4.4 Andritz Revenue in Tidal Stream Energy Device Business (2021-2026)
7.4.5 Andritz Recent Development
7.5 Nova Innovation
7.5.1 Nova Innovation Company Details
7.5.2 Nova Innovation Business Overview
7.5.3 Nova Innovation Tidal Stream Energy Device Introduction
7.5.4 Nova Innovation Revenue in Tidal Stream Energy Device Business (2021-2026)
7.5.5 Nova Innovation Recent Development
7.6 Minesto
7.6.1 Minesto Company Details
7.6.2 Minesto Business Overview
7.6.3 Minesto Tidal Stream Energy Device Introduction
7.6.4 Minesto Revenue in Tidal Stream Energy Device Business (2021-2026)
7.6.5 Minesto Recent Development
7.7 SAE Renewables
7.7.1 SAE Renewables Company Details
7.7.2 SAE Renewables Business Overview
7.7.3 SAE Renewables Tidal Stream Energy Device Introduction
7.7.4 SAE Renewables Revenue in Tidal Stream Energy Device Business (2021-2026)
7.7.5 SAE Renewables Recent Development
7.8 Tocardo
7.8.1 Tocardo Company Details
7.8.2 Tocardo Business Overview
7.8.3 Tocardo Tidal Stream Energy Device Introduction
7.8.4 Tocardo Revenue in Tidal Stream Energy Device Business (2021-2026)
7.8.5 Tocardo Recent Development
7.9 ORPC
7.9.1 ORPC Company Details
7.9.2 ORPC Business Overview
7.9.3 ORPC Tidal Stream Energy Device Introduction
7.9.4 ORPC Revenue in Tidal Stream Energy Device Business (2021-2026)
7.9.5 ORPC Recent Development
7.10 Inyanga Marine Energy
7.10.1 Inyanga Marine Energy Company Details
7.10.2 Inyanga Marine Energy Business Overview
7.10.3 Inyanga Marine Energy Tidal Stream Energy Device Introduction
7.10.4 Inyanga Marine Energy Revenue in Tidal Stream Energy Device Business (2021-2026)
7.10.5 Inyanga Marine Energy Recent Development
7.11 Verdant Power
7.11.1 Verdant Power Company Details
7.11.2 Verdant Power Business Overview
7.11.3 Verdant Power Tidal Stream Energy Device Introduction
7.11.4 Verdant Power Revenue in Tidal Stream Energy Device Business (2021-2026)
7.11.5 Verdant Power Recent Development
7.12 EEL Energy
7.12.1 EEL Energy Company Details
7.12.2 EEL Energy Business Overview
7.12.3 EEL Energy Tidal Stream Energy Device Introduction
7.12.4 EEL Energy Revenue in Tidal Stream Energy Device Business (2021-2026)
7.12.5 EEL Energy Recent Development
7.13 MAKO Energy
7.13.1 MAKO Energy Company Details
7.13.2 MAKO Energy Business Overview
7.13.3 MAKO Energy Tidal Stream Energy Device Introduction
7.13.4 MAKO Energy Revenue in Tidal Stream Energy Device Business (2021-2026)
7.13.5 MAKO Energy Recent Development
7.14 LHD New Energy
7.14.1 LHD New Energy Company Details
7.14.2 LHD New Energy Business Overview
7.14.3 LHD New Energy Tidal Stream Energy Device Introduction
7.14.4 LHD New Energy Revenue in Tidal Stream Energy Device Business (2021-2026)
7.14.5 LHD New Energy Recent Development
8 Tidal Stream Energy Device Market Dynamics
8.1 Tidal Stream Energy Device Industry Trends
8.2 Tidal Stream Energy Device Market Drivers
8.3 Tidal Stream Energy Device Market Challenges
8.4 Tidal Stream Energy Device Market Restraints
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
Related Reports
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 Date: 2026-03-12
Pages: 139
USD 4900.00
(Single User License)
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 Date: 2026-03-12
Pages: 120
USD 2900.00
(Single User License)
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.
Published Date: 2026-03-09
Pages: 118
USD 3950.00
(Single User License)
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 Date: 2025-08-14
Pages: 139
USD 4900.00
(Single User License)
The global market for Tidal Stream Energy Device was valued at US$ 515 million in the year 2024 and is projected to reach a revised size of US$ 1656 million by 2031, growing at a CAGR of 18.2% during the forecast period.
Published Date: 2025-08-14
Pages: 84
USD 2900.00
(Single User License)
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.
Published Date: 2025-08-14
Pages: 111
USD 3950.00
(Single User License)
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 Date: 2025-08-14
Pages: 92
USD 4250.00
(Single User License)
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 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.
Published: 2026-03-09
Pages: 118
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
Pages: 139
The global market for Tidal Stream Energy Device was valued at US$ 515 million in the year 2024 and is projected to reach a revised size of US$ 1656 million by 2031, growing at a CAGR of 18.2% during the forecast period.
Published: 2025-08-14
Pages: 84
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.
Published: 2025-08-14
Pages: 111
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
Pages: 92
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now