| Product Code: ETC5756175 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Portugal saw a significant increase in wave energy converter import shipments, with top exporting countries being Spain, USA, China, Belgium, and Sweden. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the Compound Annual Growth Rate (CAGR) from 2020 to 2024 was -36.34%. However, there was a notable uptick in growth from 2023 to 2024, with a growth rate of 30.89%. These trends suggest a dynamic and evolving market for wave energy converters in Portugal, driven by key international suppliers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Wave Energy Converter Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Wave Energy Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Wave Energy Converter Market - Industry Life Cycle |
3.4 Portugal Wave Energy Converter Market - Porter's Five Forces |
3.5 Portugal Wave Energy Converter Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Portugal Wave Energy Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies promoting renewable energy sources in Portugal |
4.2.2 Increasing focus on reducing carbon emissions and achieving sustainability goals |
4.2.3 Technological advancements leading to more efficient wave energy converter systems |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up wave energy converter projects |
4.3.2 Lack of established infrastructure and grid connection for wave energy in Portugal |
4.3.3 Regulatory challenges and permitting issues for deploying wave energy converter devices in coastal areas |
5 Portugal Wave Energy Converter Market Trends |
6 Portugal Wave Energy Converter Market Segmentations |
6.1 Portugal Wave Energy Converter Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Portugal Wave Energy Converter Market Revenues & Volume, By Oscillating Water Column, 2021-2031F |
6.1.3 Portugal Wave Energy Converter Market Revenues & Volume, By Oscillating Body Converter Point Absorber, 2021-2031F |
6.1.4 Portugal Wave Energy Converter Market Revenues & Volume, By Attenuator, 2021-2031F |
6.1.5 Portugal Wave Energy Converter Market Revenues & Volume, By Oscillating Wave Surge, 2021-2031F |
6.1.6 Portugal Wave Energy Converter Market Revenues & Volume, By Submerged Pressure Differential, 2021-2031F |
7 Portugal Wave Energy Converter Market Import-Export Trade Statistics |
7.1 Portugal Wave Energy Converter Market Export to Major Countries |
7.2 Portugal Wave Energy Converter Market Imports from Major Countries |
8 Portugal Wave Energy Converter Market Key Performance Indicators |
8.1 Average capacity utilization rate of wave energy converter systems in Portugal |
8.2 Number of new wave energy converter projects approved and initiated each year |
8.3 Research and development investment in improving wave energy converter technologies |
9 Portugal Wave Energy Converter Market - Opportunity Assessment |
9.1 Portugal Wave Energy Converter Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Portugal Wave Energy Converter Market - Competitive Landscape |
10.1 Portugal Wave Energy Converter Market Revenue Share, By Companies, 2024 |
10.2 Portugal Wave Energy Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |