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Global Wave and Tidal Energy Market Share, Size and Forecast 2018-2025

The global wave and tidal energy market size is expected to reach USD 3.9 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 42.5% CAGR during the forecast period. Need to reduce dependency on fossil fuels, increasing investments, and supportive government regulations are likely to fuel market growth over the coming years. Request a Sample Copy of This Report:  https://www.radiantinsights.com/research/wave-and-tidal-energy-market/request-sample The renewable energy sector has witnessed significant expansion in terms of installations worldwide in 2016. The capacities in wind, marine, solar, waste-to-energy, small geothermal and hydro sources, and biomass combined added up to 138.5 GW in 2016, up from 127.5 GW in 2015. Investments in electricity generation through novel renewable sources was twice in comparison to fossil fuels. Ocean energy is witnessing significant development in terms of new projects in various economies including U.K., Irela