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Global Underwater Turbines Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: October 2025
|
Report Code: QYRE-Auto-24P17207
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Global Underwater Turbines Market Research Report 2024
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Global Underwater Turbines Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-24P17207
Report
October 2025
Pages:140
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Underwater Turbines Market

The global Underwater Turbines market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
From a downstream perspective, Power Generation accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Underwater Turbines leading manufacturers including Blue Shark Power System, Magallanes Renovables, Minesto, Verdant Power, Nova, SIMEC Atlantis Energy, Sustainable Marine Energy, Pelamis Wave Power, OpenHydro, etc., dominate supply; the top five capture approximately % of global revenue, with Blue Shark Power System leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Underwater Turbines market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of Underwater Turbines Market Report

Report Metric Details
Report Name Underwater Turbines Market
Segment by Type
Segment by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
Sales by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Blue Shark Power System, Magallanes Renovables, Minesto, Verdant Power, Nova, SIMEC Atlantis Energy, Sustainable Marine Energy, Pelamis Wave Power, OpenHydro
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the Underwater Turbines study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
  • Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
  • Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
  • Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
  • Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
  • Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
  • Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
  • Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
  • Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 15: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
  • Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Underwater Turbines Market report?

Ans: The main players in the Underwater Turbines Market are Blue Shark Power System, Magallanes Renovables, Minesto, Verdant Power, Nova, SIMEC Atlantis Energy, Sustainable Marine Energy, Pelamis Wave Power, OpenHydro

What are the Application segmentation covered in the Underwater Turbines Market report?

Ans: The Applications covered in the Underwater Turbines Market report are Power Generation, Marine Resource Extraction, Data Monitoring, Other

What are the Type segmentation covered in the Underwater Turbines Market report?

Ans: The Types covered in the Underwater Turbines Market report are Tidal Energy Turbines, Wave Energy Turbines, Current Energy Turbine, Others

Recommended Reports

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Wave & Tidal Energy

Marine Power Systems

1 Study Coverage
1.1 Introduction to Underwater Turbines: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Underwater Turbines Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Tidal Energy Turbines
1.2.3 Wave Energy Turbines
1.2.4 Current Energy Turbine
1.2.5 Others
1.3 Market Segmentation by Application
1.3.1 Global Underwater Turbines Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Power Generation
1.3.3 Marine Resource Extraction
1.3.4 Data Monitoring
1.3.5 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Underwater Turbines Revenue Estimates and Forecasts 2020-2031
2.2 Global Underwater Turbines Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Underwater Turbines Sales Estimates and Forecasts 2020-2031
2.4 Global Underwater Turbines Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Underwater Turbines Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global Underwater Turbines Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Underwater Turbines Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Tidal Energy Turbines Market Size by Manufacturers
4.5.2 Wave Energy Turbines Market Size by Manufacturers
4.5.3 Current Energy Turbine Market Size by Manufacturers
4.5.4 Others Market Size by Manufacturers
4.6 Global Underwater Turbines Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Underwater Turbines Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Underwater Turbines Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Underwater Turbines Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Underwater Turbines Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Underwater Turbines Sales and Revenue by Type (2020-2031)
7.4 North America Underwater Turbines Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Underwater Turbines Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Underwater Turbines Sales and Revenue by Type (2020-2031)
8.4 Europe Underwater Turbines Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Underwater Turbines Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Underwater Turbines Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Underwater Turbines Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Underwater Turbines Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Underwater Turbines Sales and Revenue by Type (2020-2031)
10.4 Central and South America Underwater Turbines Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Underwater Turbines Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Underwater Turbines Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Underwater Turbines Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Underwater Turbines Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Blue Shark Power System
12.1.1 Blue Shark Power System Corporation Information
12.1.2 Blue Shark Power System Business Overview
12.1.3 Blue Shark Power System Underwater Turbines Product Models, Descriptions and Specifications
12.1.4 Blue Shark Power System Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Blue Shark Power System Underwater Turbines Sales by Product in 2024
12.1.6 Blue Shark Power System Underwater Turbines Sales by Application in 2024
12.1.7 Blue Shark Power System Underwater Turbines Sales by Geographic Area in 2024
12.1.8 Blue Shark Power System Underwater Turbines SWOT Analysis
12.1.9 Blue Shark Power System Recent Developments
12.2 Magallanes Renovables
12.2.1 Magallanes Renovables Corporation Information
12.2.2 Magallanes Renovables Business Overview
12.2.3 Magallanes Renovables Underwater Turbines Product Models, Descriptions and Specifications
12.2.4 Magallanes Renovables Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Magallanes Renovables Underwater Turbines Sales by Product in 2024
12.2.6 Magallanes Renovables Underwater Turbines Sales by Application in 2024
12.2.7 Magallanes Renovables Underwater Turbines Sales by Geographic Area in 2024
12.2.8 Magallanes Renovables Underwater Turbines SWOT Analysis
12.2.9 Magallanes Renovables Recent Developments
12.3 Minesto
12.3.1 Minesto Corporation Information
12.3.2 Minesto Business Overview
12.3.3 Minesto Underwater Turbines Product Models, Descriptions and Specifications
12.3.4 Minesto Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 Minesto Underwater Turbines Sales by Product in 2024
12.3.6 Minesto Underwater Turbines Sales by Application in 2024
12.3.7 Minesto Underwater Turbines Sales by Geographic Area in 2024
12.3.8 Minesto Underwater Turbines SWOT Analysis
12.3.9 Minesto Recent Developments
12.4 Verdant Power
12.4.1 Verdant Power Corporation Information
12.4.2 Verdant Power Business Overview
12.4.3 Verdant Power Underwater Turbines Product Models, Descriptions and Specifications
12.4.4 Verdant Power Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Verdant Power Underwater Turbines Sales by Product in 2024
12.4.6 Verdant Power Underwater Turbines Sales by Application in 2024
12.4.7 Verdant Power Underwater Turbines Sales by Geographic Area in 2024
12.4.8 Verdant Power Underwater Turbines SWOT Analysis
12.4.9 Verdant Power Recent Developments
12.5 Nova
12.5.1 Nova Corporation Information
12.5.2 Nova Business Overview
12.5.3 Nova Underwater Turbines Product Models, Descriptions and Specifications
12.5.4 Nova Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Nova Underwater Turbines Sales by Product in 2024
12.5.6 Nova Underwater Turbines Sales by Application in 2024
12.5.7 Nova Underwater Turbines Sales by Geographic Area in 2024
12.5.8 Nova Underwater Turbines SWOT Analysis
12.5.9 Nova Recent Developments
12.6 SIMEC Atlantis Energy
12.6.1 SIMEC Atlantis Energy Corporation Information
12.6.2 SIMEC Atlantis Energy Business Overview
12.6.3 SIMEC Atlantis Energy Underwater Turbines Product Models, Descriptions and Specifications
12.6.4 SIMEC Atlantis Energy Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 SIMEC Atlantis Energy Recent Developments
12.7 Sustainable Marine Energy
12.7.1 Sustainable Marine Energy Corporation Information
12.7.2 Sustainable Marine Energy Business Overview
12.7.3 Sustainable Marine Energy Underwater Turbines Product Models, Descriptions and Specifications
12.7.4 Sustainable Marine Energy Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Sustainable Marine Energy Recent Developments
12.8 Pelamis Wave Power
12.8.1 Pelamis Wave Power Corporation Information
12.8.2 Pelamis Wave Power Business Overview
12.8.3 Pelamis Wave Power Underwater Turbines Product Models, Descriptions and Specifications
12.8.4 Pelamis Wave Power Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Pelamis Wave Power Recent Developments
12.9 OpenHydro
12.9.1 OpenHydro Corporation Information
12.9.2 OpenHydro Business Overview
12.9.3 OpenHydro Underwater Turbines Product Models, Descriptions and Specifications
12.9.4 OpenHydro Underwater Turbines Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 OpenHydro Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Underwater Turbines Industry Chain
13.2 Underwater Turbines Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Underwater Turbines Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Underwater Turbines Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Underwater Turbines Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Underwater Turbines Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
List of Tables
 Table 1. Global Underwater Turbines Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global Underwater Turbines Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global Underwater Turbines Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global Underwater Turbines Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Underwater Turbines Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Global Underwater Turbines Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 7. Global Underwater Turbines Sales by Region (2020-2025) & (K Units)
 Table 8. Global Underwater Turbines Sales by Region (2026-2031) & (K Units)
 Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 10. Global Underwater Turbines Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
 Table 11. Global Underwater Turbines Production by Region (2020-2025) & (K Units)
 Table 12. Global Underwater Turbines Production by Region (2026-2031) & (K Units)
 Table 13. Global Underwater Turbines Sales by Manufacturers (2020-2025) & (K Units)
 Table 14. Global Underwater Turbines Sales Share by Manufacturers (2020-2025)
 Table 15. Global Underwater Turbines Revenue by Manufacturers (2020-2025) & (US$ Million)
 Table 16. Global Underwater Turbines Revenue Market Share by Manufacturers (2020-2025)
 Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 18. Global Underwater Turbines by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Underwater Turbines as of 2024)
 Table 19. Global Underwater Turbines Average Gross Margin (%) by Manufacturer (2020 VS 2024)
 Table 20. Global Underwater Turbines Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
 Table 21. Key Manufacturers Underwater Turbines Manufacturing Base and Headquarters
 Table 22. Global Underwater Turbines Market Concentration Ratio (CR5 and HHI)
 Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 25. Global Underwater Turbines Sales by Type (2020-2025) & (K Units)
 Table 26. Global Underwater Turbines Sales by Type (2026-2031) & (K Units)
 Table 27. Global Underwater Turbines Revenue by Type (2020-2025) & (US$ Million)
 Table 28. Global Underwater Turbines Revenue by Type (2026-2031) & (US$ Million)
 Table 29. Global Underwater Turbines ASP by Type (2020-2031) & (US$/Unit)
 Table 30. Technical Specifications by Key Product Type
 Table 31. Global Underwater Turbines Sales by Application (2020-2025) & (K Units)
 Table 32. Global Underwater Turbines Sales by Application (2026-2031) & (K Units)
 Table 33. Underwater Turbines High-Growth Sectors Demand CAGR (2024-2031)
 Table 34. Global Underwater Turbines Revenue by Application (2020-2025) & (US$ Million)
 Table 35. Global Underwater Turbines Revenue by Application (2026-2031) & (US$ Million)
 Table 36. Global Underwater Turbines ASP by Application (2020-2031) & (US$/Unit)
 Table 37. Top Customers by Region
 Table 38. Top Customers by Application
 Table 39. North America Underwater Turbines Growth Accelerators and Market Barriers
 Table 40. North America Underwater Turbines Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 41. North America Underwater Turbines Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 42. Europe Underwater Turbines Growth Accelerators and Market Barriers
 Table 43. Europe Underwater Turbines Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 44. Europe Underwater Turbines Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 45. Asia-Pacific Underwater Turbines Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 46. Asia-Pacific Underwater Turbines Sales (K Units) by Country (2020 VS 2024 VS 2031)
 Table 47. Asia-Pacific Underwater Turbines Growth Accelerators and Market Barriers
 Table 48. Southeast Asia Underwater Turbines Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 49. Central and South America Underwater Turbines Investment Opportunities and Key Challenges
 Table 50. Central and South America Underwater Turbines Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 51. Middle East and Africa Underwater Turbines Investment Opportunities and Key Challenges
 Table 52. Middle East and Africa Underwater Turbines Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 53. Blue Shark Power System Corporation Information
 Table 54. Blue Shark Power System Description and Major Businesses
 Table 55. Blue Shark Power System Product Models, Descriptions and Specifications
 Table 56. Blue Shark Power System Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 57. Blue Shark Power System Sales Value Proportion by Product in 2024
 Table 58. Blue Shark Power System Sales Value Proportion by Application in 2024
 Table 59. Blue Shark Power System Sales Value Proportion by Geographic Area in 2024
 Table 60. Blue Shark Power System Underwater Turbines SWOT Analysis
 Table 61. Blue Shark Power System Recent Developments
 Table 62. Magallanes Renovables Corporation Information
 Table 63. Magallanes Renovables Description and Major Businesses
 Table 64. Magallanes Renovables Product Models, Descriptions and Specifications
 Table 65. Magallanes Renovables Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 66. Magallanes Renovables Sales Value Proportion by Product in 2024
 Table 67. Magallanes Renovables Sales Value Proportion by Application in 2024
 Table 68. Magallanes Renovables Sales Value Proportion by Geographic Area in 2024
 Table 69. Magallanes Renovables Underwater Turbines SWOT Analysis
 Table 70. Magallanes Renovables Recent Developments
 Table 71. Minesto Corporation Information
 Table 72. Minesto Description and Major Businesses
 Table 73. Minesto Product Models, Descriptions and Specifications
 Table 74. Minesto Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. Minesto Sales Value Proportion by Product in 2024
 Table 76. Minesto Sales Value Proportion by Application in 2024
 Table 77. Minesto Sales Value Proportion by Geographic Area in 2024
 Table 78. Minesto Underwater Turbines SWOT Analysis
 Table 79. Minesto Recent Developments
 Table 80. Verdant Power Corporation Information
 Table 81. Verdant Power Description and Major Businesses
 Table 82. Verdant Power Product Models, Descriptions and Specifications
 Table 83. Verdant Power Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 84. Verdant Power Sales Value Proportion by Product in 2024
 Table 85. Verdant Power Sales Value Proportion by Application in 2024
 Table 86. Verdant Power Sales Value Proportion by Geographic Area in 2024
 Table 87. Verdant Power Underwater Turbines SWOT Analysis
 Table 88. Verdant Power Recent Developments
 Table 89. Nova Corporation Information
 Table 90. Nova Description and Major Businesses
 Table 91. Nova Product Models, Descriptions and Specifications
 Table 92. Nova Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 93. Nova Sales Value Proportion by Product in 2024
 Table 94. Nova Sales Value Proportion by Application in 2024
 Table 95. Nova Sales Value Proportion by Geographic Area in 2024
 Table 96. Nova Underwater Turbines SWOT Analysis
 Table 97. Nova Recent Developments
 Table 98. SIMEC Atlantis Energy Corporation Information
 Table 99. SIMEC Atlantis Energy Description and Major Businesses
 Table 100. SIMEC Atlantis Energy Product Models, Descriptions and Specifications
 Table 101. SIMEC Atlantis Energy Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 102. SIMEC Atlantis Energy Recent Developments
 Table 103. Sustainable Marine Energy Corporation Information
 Table 104. Sustainable Marine Energy Description and Major Businesses
 Table 105. Sustainable Marine Energy Product Models, Descriptions and Specifications
 Table 106. Sustainable Marine Energy Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 107. Sustainable Marine Energy Recent Developments
 Table 108. Pelamis Wave Power Corporation Information
 Table 109. Pelamis Wave Power Description and Major Businesses
 Table 110. Pelamis Wave Power Product Models, Descriptions and Specifications
 Table 111. Pelamis Wave Power Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 112. Pelamis Wave Power Recent Developments
 Table 113. OpenHydro Corporation Information
 Table 114. OpenHydro Description and Major Businesses
 Table 115. OpenHydro Product Models, Descriptions and Specifications
 Table 116. OpenHydro Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 117. OpenHydro Recent Developments
 Table 118. Key Raw Materials Distribution
 Table 119. Raw Materials Key Suppliers
 Table 120. Critical Raw Material Supplier Concentration (2024) & Risk Index
 Table 121. Milestones in Production Technology Evolution
 Table 122. Distributors List
 Table 123. Market Trends and Market Evolution
 Table 124. Market Drivers and Opportunities
 Table 125. Market Challenges, Risks, and Restraints
 Table 126. Research Programs/Design for This Report
 Table 127. Key Data Information from Secondary Sources
 Table 128. Key Data Information from Primary Sources


List of Figures
 Figure 1. Underwater Turbines Product Picture
 Figure 2. Global Underwater Turbines Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Tidal Energy Turbines Product Picture
 Figure 4. Wave Energy Turbines Product Picture
 Figure 5. Current Energy Turbine Product Picture
 Figure 6. Others Product Picture
 Figure 7. Global Underwater Turbines Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 8. Power Generation
 Figure 9. Marine Resource Extraction
 Figure 10. Data Monitoring
 Figure 11. Other
 Figure 12. Underwater Turbines Report Years Considered
 Figure 13. Global Underwater Turbines Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 15. Global Underwater Turbines Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 16. Global Underwater Turbines Revenue Market Share by Region (2020-2031)
 Figure 17. Global Underwater Turbines Sales (2020-2031) & (K Units)
 Figure 18. Global Underwater Turbines Sales (CAGR) by Region (2020-2031) (K Units)
 Figure 19. Global Underwater Turbines Sales Market Share by Region (2020-2031)
 Figure 20. Global Underwater Turbines Capacity, Production and Utilization (2020-2031) & (K Units)
 Figure 21. Global Underwater Turbines Production Trend by Region (2020-2031) (K Units)
 Figure 22. Global Underwater Turbines Production Market Share by Region (2020-2031)
 Figure 23. Production Capacity Enablers & Constraints
 Figure 24. Underwater Turbines Production Growth Rate in North America (2020-2031) & (K Units)
 Figure 25. Underwater Turbines Production Growth Rate in Europe (2020-2031) & (K Units)
 Figure 26. Underwater Turbines Production Growth Rate in China (2020-2031) & (K Units)
 Figure 27. Underwater Turbines Production Growth Rate in Japan (2020-2031) & (K Units)
 Figure 28. Top 5 and Top 10 Manufacturers Underwater Turbines Sales Volume Market Share in 2024
 Figure 29. Global Underwater Turbines Revenue Market Share Ranking (2024)
 Figure 30. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 31. Tidal Energy Turbines Revenue Market Share by Manufacturer in 2024
 Figure 32. Wave Energy Turbines Revenue Market Share by Manufacturer in 2024
 Figure 33. Current Energy Turbine Revenue Market Share by Manufacturer in 2024
 Figure 34. Others Revenue Market Share by Manufacturer in 2024
 Figure 35. Type Eight Revenue Market Share by Manufacturer in 2024
 Figure 36. Type Nine Revenue Market Share by Manufacturer in 2024
 Figure 37. Global Underwater Turbines Sales Market Share by Type (2020-2031)
 Figure 38. Global Underwater Turbines Revenue Market Share by Type (2020-2031)
 Figure 39. Global Underwater Turbines Sales Market Share by Application (2020-2031)
 Figure 40. Global Underwater Turbines Revenue Market Share by Application (2020-2031)
 Figure 41. North America Underwater Turbines Sales YoY (2020-2031) & (K Units)
 Figure 42. North America Underwater Turbines Revenue YoY (2020-2031) & (US$ Million)
 Figure 43. North America Top 5 Manufacturers Underwater Turbines Sales Revenue (US$ Million) in 2024
 Figure 44. North America Underwater Turbines Sales Volume (K Units) by Type (2020- 2031)
 Figure 45. North America Underwater Turbines Sales Revenue (US$ Million) by Type (2020 - 2031)
 Figure 46. North America Underwater Turbines Sales Volume (K Units) by Application (2020-2031)
 Figure 47. North America Underwater Turbines Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 48. US Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 49. Canada Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 50. Mexico Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 51. Europe Underwater Turbines Sales YoY (2020-2031) & (K Units)
 Figure 52. Europe Underwater Turbines Revenue YoY (2020-2031) & (US$ Million)
 Figure 53. Europe Top 5 Manufacturers Underwater Turbines Sales Revenue (US$ Million) in 2024
 Figure 54. Europe Underwater Turbines Sales Volume (K Units) by Type (2020-2031)
 Figure 55. Europe Underwater Turbines Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 56. Europe Underwater Turbines Sales Volume (K Units) by Application (2020-2031)
 Figure 57. Europe Underwater Turbines Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 58. Germany Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 59. France Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 60. U.K. Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 61. Italy Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 62. Russia Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 63. Asia-Pacific Underwater Turbines Sales YoY (2020-2031) & (K Units)
 Figure 64. Asia-Pacific Underwater Turbines Revenue YoY (2020-2031) & (US$ Million)
 Figure 65. Asia-Pacific Top 8 Manufacturers Underwater Turbines Sales Revenue (US$ Million) in 2024
 Figure 66. Asia-Pacific Underwater Turbines Sales Volume (K Units) by Type (2020- 2031)
 Figure 67. Asia-Pacific Underwater Turbines Sales Revenue (US$ Million) by Type (2020- 2031)
 Figure 68. Asia-Pacific Underwater Turbines Sales Volume (K Units) by Application (2020-2031)
 Figure 69. Asia-Pacific Underwater Turbines Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 70. Indonesia Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 71. Japan Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 72. South Korea Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 73. China Taiwan Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 74. India Underwater Turbines Revenue (2020-2031) & (US$ Million)
 Figure 75. Central and South America Underwater Turbines Sales YoY (2020-2031) & (K Units)
 Figure 76. Central and South America Underwater Turbines Revenue YoY (2020-2031) & (US$ Million)
 Figure 77. Central and South America Top 5 Manufacturers Underwater Turbines Sales Revenue (US$ Million) in 2024
 Figure 78. Central and South America Underwater Turbines Sales Volume (K Units) by Type (2021-2031)
 Figure 79. Central and South America Underwater Turbines Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 80. Central and South America Underwater Turbines Sales Volume (K Units) by Application (2020-2031)
 Figure 81. Central and South America Underwater Turbines Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 82. Brazil Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 83. Argentina Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 84. Middle East, and Africa Underwater Turbines Sales YoY (2020-2031) & (K Units)
 Figure 85. Middle East and Africa Underwater Turbines Revenue YoY (2020-2031) & (US$ Million)
 Figure 86. Middle East and Africa Top 5 Manufacturers Underwater Turbines Sales Revenue (US$ Million) in 2024
 Figure 87. Middle East and Africa Underwater Turbines Sales Volume (K Units) by Type (2021-2031)
 Figure 88. South America Underwater Turbines Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 89. Middle East and Africa Underwater Turbines Sales Volume (K Units) by Application (2020-2031)
 Figure 90. Middle East and Africa Underwater Turbines Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 91. GCC Countries Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 92. Turkey Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 93. Egypt Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 94. South Africa Underwater Turbines Revenue (2020-2025) & (US$ Million)
 Figure 95. Underwater Turbines Industry Chain Mapping
 Figure 96. Regional Underwater Turbines Manufacturing Base Distribution (%)
 Figure 97. Underwater Turbines Production Process
 Figure 98. Regional Underwater Turbines Production Cost Structure
 Figure 99. Channels of Distribution (Direct Vs Distribution)
 Figure 100. Bottom-up and Top-down Approaches for This Report
 Figure 101. Data Triangulation
 Figure 102. Key Executives Interviewed
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