India Tidal Energy Market (2025-2031) Outlook | Industry, Size, Value, Forecast, Revenue, Companies, Share, Growth, Trends & Analysis

India Tidal Energy Market Synopsis

The India tidal energy market is estimated at around INR 1 billion in 2025 and is forecasted to grow at a CAGR of more than 8% over the period 2025 - 2025. With an aim towards achieving sustainable clean energy sources, India?s Ministry of New & Renewable Energy (MNRE) has identified tidal energy as one among several other renewable power generation technologies that could be exploited all along its coastlines stretching 7500 km from Gujarat on the west coast up till West Bengal on east coast with potential capacity addition ranging between 4800 MW and 10400 MW respectively. Furthermore, Government support through various programs such as National Offshore Wind Energy Policy (NOWEP) will drive innovation in this sector resulting growth opportunities for investors over next five years.

Drivers of the market

The India tidal energy market is witnessing steady growth as the country explores renewable energy sources to reduce its dependence on fossil fuels. This market`s outlook is driven by factors such as the increasing focus on sustainable and clean energy solutions, the growth of the renewable energy sector, and the adoption of tidal energy technologies for harnessing the energy potential of tides and currents. Additionally, the development of advanced tidal turbines and the rising focus on energy storage and grid integration are further contributing to market growth. The market is also driven by the government`s support for renewable energy projects and efforts to reduce greenhouse gas emissions.

Challenges of the Market

The India tidal energy market is witnessing steady growth as the country explores renewable energy options to reduce its dependence on fossil fuels. This market`s outlook is driven by factors such as the increasing focus on sustainable and clean energy sources, the growth of the energy sector, and the adoption of tidal energy for its predictability and low environmental impact. Additionally, the development of advanced tidal energy technologies and the rising focus on research and development in marine energy are further contributing to market growth. However, the market faces challenges related to the high upfront investment required for tidal energy projects and the need for supportive government policies and regulatory frameworks, affecting the pace of commercialization and deployment of tidal energy in India.

Covid-19 Impact on the Market

The India tidal energy market is witnessing significant growth as the country explores renewable energy sources for sustainable power generation. This market`s outlook is driven by factors such as the increasing focus on clean energy solutions, the growth of the renewable energy sector, and the adoption of tidal energy for its predictability and reliability in power generation. Additionally, the development of advanced tidal energy technologies and the rising focus on harnessing marine resources for electricity are further contributing to market growth. The market faced some impact during the COVID-19 pandemic due to disruptions in energy projects and investments. However, it is expected to recover with the continued focus on renewable energy development and government initiatives to promote clean energy sources.

Key Highlights of the Report:

• India Tidal Energy Market Outlook
• Market Size of India Tidal Energy Market, 2024
• Forecast of India Tidal Energy Market, 2031
• Historical Data and Forecast of India Tidal Energy Revenues & Volume for the Period 2021-2031
• India Tidal Energy Market Trend Evolution
• India Tidal Energy Market Drivers and Challenges
• India Tidal Energy Price Trends
• India Tidal Energy Porter's Five Forces
• India Tidal Energy Industry Life Cycle
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Foundation Type for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Barrage for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Gravity Base for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Monopile for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Semi Submersible for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Capacity for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Up To 100 K W for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By 100 K W To 500 K W for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Above for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Depth of installation for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Shallow Water for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Transitional Water for the Period 2021-2031
• Historical Data and Forecast of India Tidal Energy Market Revenues & Volume By Deep Water for the Period 2021-2031
• India Tidal Energy Import Export Trade Statistics
• Market Opportunity Assessment By Foundation Type
• Market Opportunity Assessment By Capacity
• Market Opportunity Assessment By Depth of installation
• India Tidal Energy Top Companies Market Share
• India Tidal Energy Competitive Benchmarking By Technical and Operational Parameters
• India Tidal Energy Company Profiles
• India Tidal Energy Key Strategic Recommendations