Market Size of France Tidal Power Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 4.54 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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France Tidal Power Market Analysis
The France Tidal Power Market size is expected to grow from 242.56 megawatt in 2023 to 302.85 meawatt by 2028, at a CAGR of 4.54% during the forecast period (2023-2028).
- Over the long term, factors such as increasing investments in the tidal energy sector and upcoming projects are expected to drive the market in the forecast period.
- Conversely, the increasing adoption of alternative clean power sources hinders the country's Tidal Power Market growth.
- Nevertheless, growing technological advancements and research capabilities across the country related to floating tidal power platform is expected to be a significant opportunity for the France tidal power market in the forecast period.