Global Wave and Tidal Energy Market: Need for Additional and Abundant Resources Encouraging Investments, Says TMR
The global wave and tidal energy market is fragmented with over 200 companies currently operational and none holding a dominant share. The development of this technology is still in the nascent phase, which leaves potential scope for new players to introduce innovative technologies. As a result, it is uncertain whether it would consolidate in the near future. The report observes that the duration of prototype testing to project demonstration to eventual large-scale commercial project construction is a long one. Also,...
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