Ocean Power Market is Gaining Momentum With Increasing Interest In Sustainable Energy Solutions Ocean power or marine power includes various methods of generating energy from ocean waves, tides, river wave technology, ocean currents, salt gradient and ocean thermal energy conversion (OTEC).These renewable sources have huge power potential and can play a major role in reducing global dependence on non-renewable energy sources. Ocean power technologies are environment friendly and sustainable in nature as they do not involve use of fuels or combustions and help reduce carbon footprints. The Global ocean power market is estimated to be valued at US$ 1,144.2 Mn in 2024 and is expected to exhibit a CAGR of 19.% over the forecast period between 2024 to 2031. Rise in concerns over negative environmental impacts of conventional power generation technologies are driving investments in ocean power technologies globally. Get More Insights On Oncology Biosimilars Market https://articlescad.com/ocean-power-market-is-gaining-momentum-with-increasing-interest-in-sustainable-energy-solutions-232453.html