Wave Energy Market Size, Share Analysis - 2029 | Global Forecast

Wave Energy Market is estimated to grow at a very high CAGR of 22.5% during the forecast period, 2022-2029. The factors driving the growth of Wave Energy Market includes increasing power consumption around the world, growing demand for power from coastal communities, availability of wave energy resources in abundance, emerging need to relace fossil fuels with renewable sources of energy, Government funding on the tidal energy projects, and improvements in the living standards.

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