Product Code: ETC308200 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The UAE Tidal Energy market represents a growing interest in renewable energy sources. Tidal energy has the potential to contribute significantly to the UAE`s energy mix, reducing dependence on fossil fuels and aligning with sustainability goals. This emerging market is gaining traction through research and development initiatives.
The UAE Tidal Energy Market is gaining momentum due to several key drivers. The UAE`s strategic location along the coast of the Arabian Gulf provides access to significant tidal energy potential. The government`s commitment to clean and renewable energy sources, driven by environmental concerns and energy diversification goals, is encouraging investments in tidal energy projects. Furthermore, advancements in tidal energy technology and the potential for a consistent and predictable energy source from tides are attracting investors and developers. Collaborative efforts with international organizations and research institutions are also supporting the growth of the UAE`s tidal energy market.
The UAE Tidal Energy market confronts unique challenges. The geographical location of the UAE, with limited access to strong tidal currents, restricts the feasibility and energy output of tidal energy projects. Environmental concerns, such as potential disruption to marine ecosystems, pose regulatory obstacles. Moreover, the high upfront costs of tidal energy infrastructure and the uncertain returns on investment deter investors. Integrating tidal energy into the existing energy grid and balancing its intermittent nature with other energy sources presents technical hurdles. Additionally, a lack of local expertise in tidal energy technology adds to these challenges.
The UAE Tidal Energy Market has witnessed significant growth in recent years, driven by the nation`s commitment to diversifying its energy sources and reducing its dependence on fossil fuels. Tidal energy harnesses the power of ocean tides to generate electricity, offering a sustainable and renewable energy solution. However, the market faced challenges during the COVID-19 pandemic, as supply chain disruptions delayed project timelines and funding uncertainties arose due to economic strains. Nevertheless, the long-term potential for tidal energy in the UAE remains strong, with continued government support and a growing focus on clean energy initiatives.
The UAE tidal energy market is emerging as a source of renewable energy. Key players in this market include Atlantis Resources Ltd., OpenHydro Group Ltd., Andritz Hydro Hammerfest, and Nova Innovation Ltd. These companies are pioneering tidal energy technologies and projects in the UAE, harnessing the power of tides for sustainable electricity generation.
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 United Arab Emirates (UAE) Tidal Energy Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Tidal Energy Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Tidal Energy Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume Share, By Foundation Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume Share, By Depth of installation, 2021 & 2031F |
4 United Arab Emirates (UAE) Tidal Energy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Tidal Energy Market Trends |
6 United Arab Emirates (UAE) Tidal Energy Market, By Types |
6.1 United Arab Emirates (UAE) Tidal Energy Market, By Foundation Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Foundation Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Barrage, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Gravity Base, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Monopile, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Semi Submersible, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Tidal Energy Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Up To 100 K W, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By 100 K W To 500 K W, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Above, 2021-2031F |
6.3 United Arab Emirates (UAE) Tidal Energy Market, By Depth of installation |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Shallow Water, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Transitional Water, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Tidal Energy Market Revenues & Volume, By Deep Water, 2021-2031F |
7 United Arab Emirates (UAE) Tidal Energy Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Tidal Energy Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Tidal Energy Market Imports from Major Countries |
8 United Arab Emirates (UAE) Tidal Energy Market Key Performance Indicators |
9 United Arab Emirates (UAE) Tidal Energy Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Tidal Energy Market Opportunity Assessment, By Foundation Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Tidal Energy Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Tidal Energy Market Opportunity Assessment, By Depth of installation, 2021 & 2031F |
10 United Arab Emirates (UAE) Tidal Energy Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Tidal Energy Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Tidal Energy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |