Wave and Tidal Energy Market Expected to Grow at a Staggering 33.3% CAGR by 2030
Summary
The global wave and tidal energy market, valued at USD 1071.63 million in 2023, is poised for remarkable growth. With a projected compound annual growth rate (CAGR) of 33.3%, the market is estimated to reach unprecedented levels by 2030. This growth is driven by advancements in renewable energy technologies and the increasing global demand for clean, sustainable power sources.
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