Wave and tidal energy are rapidly emerging as a dynamic frontier in the renewable energy landscape, the remarkable technological breakthroughs and growing success in harnessing the vast power of the oceans. These marine energy sources are not only abundant and sustainable, but recent developments have significantly improved their efficiency and scalability.
DataM Intelligence unveils its latest report on the "Waves and Tidal Energy Market size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.
United States: Key Industry Developments (2025)
✅ November 2025: U.S. wave and tidal energy market valuation reached approximately USD 159.17 million, driven by federal incentives, funding programs, and supportive policies for marine energy deployment along coastal regions.
✅ September 2025: Eco Wave Power launched the first onshore wave energy project at the Port of Los Angeles, deploying its patented floaters on existing coastal structures to capture wave motion and generate renewable electricity in demonstration mode.
✅ August 2025: Eco Wave Power installed and lowered its wave energy floaters into the water at AltaSea (Port of Los Angeles) for its U.S. pilot project, marking a key step toward commercial‐scale wave energy operations.
Why the Waves and Tidal Energy market is growing
The demand for renewable energy is rising as nations aim to cut greenhouse gas emissions and reach net‐zero targets, directly boosting interest in predictable, carbon‐free maritime power.Governments and regulators worldwide are enforcing stricter building energy codes and green certification standards (e.g., LEED, BREEAM, ENERGY STAR) that favor advanced glass technologies.
In 2024, 65% of wave and tidal projects reported increasing electricity demand from coastal regions as a key driver.
Predictable tidal cycles provide consistent power generation, helping utilities balance grids with high wind and solar penetration.
Floating wave converters, advanced underwater turbines, and hybrid systems (combining wave + tidal + storage) are enhancing energy capture and reducing operating costs.
Digital monitoring, AI predictive maintenance, and improved mooring systems have cut downtime and operational expenditure, making commercial operations more viable.
In water‐scarce regions like the Middle East and North Africa, wave and tidal energy is being explored to power renewable‐driven desalination solutions.
Smaller deployments in island communities and off‐grid locations are becoming feasible, offering diesel replacement opportunities for isolated grids.
