France Tidal Power Market Size

Statistics for the 2023 & 2024 France Tidal Power market size, created by Mordor Intelligence™ Industry Reports. France Tidal Power size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of France Tidal Power Industry

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France Tidal Power Market Summary
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

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*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.

France Tidal Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)