1. Grand View Research, Inc: Global Ocean Energy Market,
Market Size, Application Analysis, Regional Outlook,
Competitive Strategies And Forecasts, 2014 To 2020
Increasing energy demand coupled with growing importance for renewable energy
sources is expected to drive the global ocean energy market. Strategic initiatives by
developed countries of EU such as Germany, Italy and Sweden to accelerate their
shift towards renewable energy are expected to complement the market growth
over the next six years. Volatile crude oil prices coupled with energy security
concerns of energy dependent nations such as China and India is project to further
drive the global ocean energy market.
For More Information on "Ocean Energy Market Research Reports" visit -
http://www.grandviewresearch.com/industry-analysis/ocean-energy-market

2. Inadequate capital from private financial institutions coupled with lack of market
oriented electricity pricing in countries such as Canada is expected slower the pace
of ocean energy market growth. High capital costs, technical difficulties and
reliability in aspired output are the major challenges for ocean energy market
growth. Eased legal procedures such as licensing and permitting, consensus on
storage & distribution issues such as grid access and experience in deploying and
operating ocean technologies is expected to yield much more information on
assessing the cost of ocean energy technologies. This factor is expected to attract
investments in the ocean energy market.

3. Major ocean energy potential countries such as Canada, Australia, Ireland, France
and South Korea have employed pilot plants, some of them have gone a step
further to commercialize power generation at small scale. Europe has been leading
the ocean energy market over the past few years. Countries in this region such as
UK, Italy, Sweden and Germany have witnessed higher growth rates owing to
government support in the form of tax incentives and favorable industry
regulations & policies. France is expected to witness higher growth rate over the
forecast period owing to its technical expertise in tidal range energy power plants.
Oceania region, particularly Australia has commenced several ocean energy
projects in the past few years.

4. South Korea in Asia Pacific is expected to include greater share of ocean energy in
its energy mix over the next six years. This trend is expected to have a positive
impact on the global market.
Key industry participants in global ocean energy market include Able
Technologies LLC, 40South Energy, Abengoa Seapower and Acubens. Other
major industry participants include AlbaTERN, Applied Technologies Company,
Ltd (ATC), AeroVironment Inc, Aquagen Technologies, Aquamarine Power,
Aqua-Magnetics Inc. and Atargis Energy Corporation
Request TOC of “Ocean Energy Market Research Reports" visit -
http://www.grandviewresearch.com/industry-analysis/ocean-energy-
market/request-toc
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com
Website: Grand View Research
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