Solution
Industries
Resources
About
Beacon Search

Energy from Wind and Waves: The Global Market

Report Code: EGY062A

Publish Date: Mar 2009

Publisher: BCC Publishing

Category: Energy

Customize This Report

EXPLORE OFFERS

Explore Our Services

Already a member? Login to access this report free.

Report Highlights

  • The global market for wind and wave energy generated 119,343 megawatts of electricity in 2008. This is expected to increase to $223,091 megawatts in 2013, for a compound annual growth rate (CAGR) of 13.3%.
  • Wind energy has the largest share of the market, generating 119,339 megawatts in 2008. This should reach 223,221 megawatts in 2013, for a CAGR of 13.3%.
  • Wave energy generated 4 megawatts in 2008. This is expected to increase at a CAGR of 98.1% to reach 122 megawatts in 2013.

INTRODUCTION

STUDY GOALS AND OBJECTIVES

BCC’s goal in conducting this study was to determine the current status of the global market for wind and wave energy and assess its growth potential over a 5-year period from 2008 to 2013.

Our key objective was to present a comprehensive analysis of the current wind energy market combined with the upcoming wave energy market and understand their future direction.

A chief goal of this study was to characterize and quantify the world markets for large wind turbines on global, national, and local bases. Extensive efforts were expended to fully characterize the political, economic, environmental, and regulatory conditions at each level of geographic detail. These influential factors were taken into account when developing 5-year forecasts for the evolving large wind turbine markets. The business environment for wind and wave energy is fully characterized to include local and national legislation and financial incentives, the pertinent regulatory regimes, and the environmental factors that are influencing a sustaining surge in interest and investment in renewables. 

REASONS FOR DOING THE STUDY
 
Wind power usage in the global economy has been growing at a significant double-digit rate in the past few years and has generated considerable interest in industry, government, and the public. Wave energy is hypothesized to be several years behind wind energy but represents yet another emerging renewable market. This study will take a closer look at energy from wind and waves on the global scale. This report measures and forecasts the global market for wind energy and wave energy. Key granular global breakdowns are given for the following regions: 
  • North America
  • Europe
  • Asia
  • Latin America
  • Africa and the Middle East
  • Pacific Region
  • Rest of World 
INTENDED AUDIENCE
 
This study will be of interest to manufacturers of wind turbines and wave energy devices, and the various component and accessory equipment suppliers, as well as the end users, including project developers, operators, and utilities. It will also be of interest to consulting companies, construction and transportation companies, landowners, and financial and investment institutions with a stake in the renewable energy industry. The study will likewise be of interest to municipal, state, and national government agencies, as well as academic institutes and non-profit organizations.
 

Report Scope

 
The scope of this study encompasses the global wind and wave energy markets.
Traditional hydrocarbon energy sources and tidal energy are excludedfrom the study. BCC analyzes each market, determines its current status, examines the impact for the future, and presents forecasts of growth over the next 5 years. Technological issues including the latest trends are discussed. Other influential factors such as rising energy costs, changing government regulations, and improving efficiencies are reviewed.
 
BCC analyzes the industry on a global basis both from a manufacturing and energy capacity point of view. We examine government support for renewable energies.
 
METHODOLOGY AND INFORMATION SOURCES
 
Both primary and secondary research methods were used in our examination of the wind and wave energy market.
 
BCC surveyed numerous companies, consultants, entrepreneurs, industry consortium, and members of the legal community to obtain data and background information for this study. A partial list included were manufacturers of large wind turbines, founders of wave technology companies, wind project developers, utility executives, lawyers in the green space, and venture capitalists. In addition, we compiled data from financial and trade information, government sources and technical societies, and online news services.
 

Analyst Credentials

 
The author, Marianne D’Aquila, is the founder and a strategic analyst for Information Resources, LLC (www.informationres.com), a global market research and intelligence firm.
 
Prior to starting Information Resources, Marianne worked at the Venture Development Corp., where she held the position of Market Research Analyst and Strategist. She was responsible for providing market data and competitive intelligence to Fortune 100 clients, producing proprietary market research studies, publishing white papers, and authoring numerous articles to technology journals.
 
Previously, Marianne held the position of Tactical/Product Marketing Manager at IBM’s Microelectronics Division, Product Manager at Raytheon RF Components Commercial Electronics, and Project Manager/Process Engineer at Standard Microsystems Corp. Marianne graduated with an MBA from Babson College and a BS in Engineering from Stony Brook University.
 
BCC ONLINE SERVICES
 
BCC offers an online information retrieval service. BCC’s home page, located at
www.bccresearch.com, enables readers to: 
  • Examine BCC’s complete catalog of market research reports and place direct orders
  • Subscribe to any of BCC’s many industry newsletters
  • Read announcements of recently published reports and newly launched newsletters
  • Register for BCC’s well-known conferences
  • Request additional information on any BCC product
  • Take advantage of special offers
DISCLAIMER
 
The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is of a speculative in nature.  The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or from its use.
Need a custom data table, graph, region, segment, companies or complete report? CUSTOMIZE NOW
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
[+] Show Chapter Details
Title/Chapter NamePagesMember Price
Full Report: Energy from Wind and Waves: The Global Market214Free
Chapter- 1: INTRODUCTION4Free
Chapter- 2: SUMMARY4Free
Chapter- 3: OVERVIEW9Free
Chapter- 4: TYPES OF TECHNOLOGIES4Free
Chapter- 5: TYPES OF APPLICATIONS3Free
Chapter- 6: MARKET TYPES2Free
Chapter- 7: INDUSTRY STRUCTURE4Free
Chapter- 8: WIND ENERGY VENDOR MARKET SHARES4Free
Chapter- 9: C. CRAMER & CO. GMBH24Free
Chapter- 10: GLOBAL WIND ENERGY MARKET52Free
Chapter- 11: GLOBAL WAVE ENERGY MARKET8Free
Chapter- 12: WAVE ENERGY CONVERSION EQUIPMENT MARKET1Free
Chapter- 13: ENVIRONMENTAL CONCERNS OF WIND AND WAVE POWER14Free
Chapter- 14: WIND AND WAVE POWER MARKET IMPLICATIONS OF THE KYOTO PROTOCOL AND THE CLEAN DEVELOPMENT MECHANISM (CDM)20Free
Chapter- 15: WIND AND WAVE MARKET IMPLICATIONS OF ASIA-PACIFIC PARTNERSHIP ON CLEAN DEVELOPMENT AND CLIMATE 1Free
Chapter- 16: U.S. GOVERNMENT REGULATION AND IMPACTS ON WIND AND WAVE ENERGY8Free
Chapter- 17: WIND TURBINE COMPONENT FUNCTIONALITY5Free
Chapter- 18: WIND TURBINE AND COMPONENT TECHNOLOGY ISSUES6Free
Chapter- 19: WIND AND WAVE ASSOCIATIONS AND CONSORTIUMS10Free
Chapter- 20: WIND AND WAVE TECHNOLOGY PATENT REVIEW8Free
Chapter- 21: APPENDIX23Free

Related Reports

Recent Reports

Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY072F

The global market for building integrated photovoltaic (BIPV) technologies is estimated to increase from $17.1 billion in 2024 to reach $42.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.7% from 2024 through 2029.

Grid-Scale Electricity Storage Technologies: Global Markets

Published - Mar 2025 | Publisher - BCC Publishing | Code - EGY142C

The global market for grid-scale electricity storage technologies is estimated to grow from $40.7 billion in 2024 to reach $151.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 30.0% from 2024 through 2029.

Carbon Capture, Utilization & Storage Technologies

Published - Feb 2025 | Publisher - BCC Publishing | Code - EGY037G

The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.

Energy Retrofits for Commercial and Public Buildings: Global Markets

Published - Jan 2025 | Publisher - BCC Publishing | Code - EGY074C

The global market for energy retrofits in commercial and public buildings is expected to grow from $134.7 billion in 2024 to $191.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.3% from 2024 through 2029.

Hydrogen Fuel Cell: Global Markets

Published - Nov 2024 | Publisher - BCC Publishing | Code - EGY186B

The global market for hydrogen fuel cells is estimated to increase from $5.1 billion in 2024 to reach $11.0 billion by 2029, at a compound annual growth rate (CAGR) of 16.5% from 2024 through 2029.

Top Trending Reports

Carbon Capture, Utilization & Storage Technologies

Published - Feb 2025 | Publisher - BCC Publishing | Code - EGY037G

The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.

2024 Semiconductor Manufacturing Research Review

Published - Mar 2025 | Publisher - BCC Publishing | Code - SMC086G

This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.

Generative AI: Global Markets

Published - Jan 2025 | Publisher - BCC Publishing | Code - IFT308A

The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.

CRISPR Technology: Global Markets

Published - Oct 2024 | Publisher - BCC Publishing | Code - HLC258C

The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.

Global Diabetic Care Devices Market

Published - Feb 2025 | Publisher - BCC Publishing | Code - MDS019B

The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Energy from Wind and Waves: The Global Market
Customize This Report
Customize Report
Stay Informed

Join our mailing list for the latest report releases and upcoming event notifications.

Headquartered in Boston, Mass., for over 50 years, BCC Research takes pride in being your trusted custom research and data analysts. Our mission is to provide businesses with reputable data and market research reports, so that they gain new perspectives into their field and better understand their target audience. We enable companies to access reliable information, accurate forecasts, and actionable insights, so that they may become leaders in their industry.
Contact
© 2025 BCC Research
Privacy Policy |Site Map|Terms & Conditions