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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Tidal Steam Generator Market
Request Now !Tidal steam generators (TSGs) make use of moving water to power turbines. The turbines of the generator are placed under water by different mechanism to hold at a position. TSGs come in different designs like horizontal axis turbine, vertical axis turbine, hydrofoil, closed tips, and others. These TSGs are used to harness the wave and tidal energy from the oceans or other major water resources. Owing to limited availability of conventional fuels such as oil, gas, and coal along with associated pollution releases by conventional sources many countries are investing in clean energy sources that includes wave and tidal energy and hence the market for this generated is expected to grow in the upcoming times. Advanced technology and intermittent nature of tidal energy are the major restraints in this market. Moreover, the risk of marine mammals and fish being struck by tidal turbine blades is another factor restraining the growth of the market.
Covid-19 Impact Analysis
Top Impacting Factors
Natural resources are getting scarce and there is an urgent need to look for an alternative source for energy generation in the future. Among the available renewable sources, tidal and wave energy has emerged as one of the best options. Not just renewable but the clean energy criteria is also fulfilled in this energy production. Determinants of the generator are designed in such a way that they can generate power of 20 hours a day in comparison to 12 hours a day efficiency of a tidal barrage. Along with that several government policies to focus upon renewable resources, are also helping the market to grow.
Market trends
Key Benefits of the Report
This study presents the analytical depiction of the tidal steam generator industry along with the current trends and future estimations to determine the imminent investment pockets.
Key Market Segments
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