Marine Power Market Dynamics, Size, and Growth Trend 2024-2030

 Marine power refers to hydrokinetic energy which is carried by waves, salinity, tides, and ocean temperature differences. This energy can be converted to electricity and used in residential, transport, and industrial applications. The pivotal factors of increasing focus on renewable energy and government initiatives and policies are the driving forces behind the market dynamics of marine power in GCC region, despite facing obstacles from the restraining factors of high installation costs and lack of infrastructure. 

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