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 2028 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of France Tidal Power Industry

France Tidal Power Market Summary
Study Period 2019-2028
Base Year For Estimation 2022
Market Volume (2023) 242.56 gigawatt
Market Volume (2028) 302.85 gigawatt
CAGR (2023 - 2028) 4.54 %
Market Concentration Medium

Major Players

France Tidal Power Market 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 gigawatt in 2023 to 302.85 gigawatt 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.