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The global wave and tidal energy market was valued at approximately USD 3.1 billion in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period (2026u20132033).<br>Wave and tidal energy represent promising renewable energy sources, leveraging the oceanu2019s kinetic and potential energy to generate electricity. This market is being propelled by the increasing need to transition toward clean energy, advancements in marine energy technologies, and governmental support through subsidies <br>
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