India Tidal Power Market 2033

India Tidal Power Market Size, Share, Trends and Forecast by Power Generation Method, Tidal Energy Converters, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A30907

Buy Now Discount
Offer

India Tidal Power Market Overview:

The India tidal power market size reached 2.5 MW in 2024. Looking forward, IMARC Group expects the market to reach 23.1 MW by 2033, exhibiting a growth rate (CAGR) of 28.20% during 2025-2033. The market is advancing due to rising demand for clean energy, government initiatives promoting marine renewables, coastal energy security needs, and technological progress in underwater turbines. Favorable policies, environmental concerns, and energy diversification strategies are further accelerating interest in harnessing predictable tidal resources for electricity generation.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	2.5 MW
Market Forecast in 2033	23.1 MW
Market Growth Rate (2025-2033)	28.20%

India Tidal Power Market Trends:

Rising Government Focus on Marine Renewable Integration

The Indian government is increasingly integrating marine renewable energy, including tidal power, into its broader energy transition plans. Initiatives such as the National Offshore Wind Energy Policy and the consideration of tidal power under the Ministry of New and Renewable Energy’s (MNRE) strategic framework highlight this shift. Coastal states like Gujarat and West Bengal, with significant tidal potential, are receiving greater attention for pilot and demonstration projects. For instance, the Standing Committee on Energy asked MNRE to report its actions on assessing India’s tidal, wave, and ocean thermal energy potential. Theoretical estimates suggest 12,455 MW tidal and 41,300 MW wave energy. It further urged MNRE to expedite a demonstration project, particularly in the Gulf of Kutch, and actively support R&D under the Renewable Energy Research and Technology Development Programme. Policy-level discussions are progressing around tariff mechanisms, environmental clearances, and private-public partnerships to foster investment in tidal infrastructure. These actions are gradually creating an enabling ecosystem for tidal energy development, with emphasis on long-term power purchase agreements (PPAs), grid connectivity, and alignment with India’s 500 GW renewable target by 2030.

India Tidal Power Market Size

Technological Advancements in Subsea Energy Harvesting

Technological innovation in subsea turbine design and deployment is a key enabler for the tidal power market in India. For instance, as per industry reports, the Indian government has officially declared ocean energy tidal, wave, and ocean thermal as a renewable energy source. The Ministry of New and Renewable Energy stated this move aims to boost ocean energy use. Estimated potential includes 12,455 MW from tidal (Khambhat and Kutch), 40,000 MW from wave energy, and 180,000 MW from ocean thermal. This recognition supports India's broader efforts to expand renewable infrastructure, stimulate innovation and technological advancements, create jobs, and meet climate goals by 2030. Advances in horizontal-axis turbines, bi-directional flow systems, and corrosion-resistant materials are improving efficiency and reducing maintenance burdens in saline environments. Research institutions are collaborating with global technology providers to customize systems for India’s unique tidal regimes. Enhanced monitoring systems and predictive maintenance tools are further optimizing operational lifespans and energy yield from tidal stream installations.

Growing Interest from Coastal Infrastructure Developers

Ports, coastal industrial zones, and special economic zones (SEZs) are beginning to explore tidal energy as a reliable, site-specific source of clean power. The predictable nature of tidal flows allows for better energy planning in regions with heavy industrial activity. Developers involved in maritime logistics, desalination, and shipbuilding are recognizing tidal power’s potential to lower dependence on diesel-based generation and reduce carbon footprints. Pilot initiatives in estuarine regions are aligning tidal energy integration with microgrid development and hybrid renewable systems. This trend is encouraging distributed generation models where tidal power can complement solar and wind resources in off-grid or partially electrified coastal areas. Institutional interest is also growing in using tidal energy to power climate-resilient coastal infrastructure. For instance, in June 2024, Eco Wave Power Global, an Israeli onshore wave energy developer, announced plans to install power floaters at Vizhinjam Port in Kerala, India, to harness wave energy for electricity generation. Preliminary discussions with Adani Vizhinjam Port Private Limited are underway. Initially, floaters will be installed along a 980-meter section of the port's embankment. This project aims to be India's first to generate electricity from waves. Eco Wave Power's technology uses sea-level floaters attached to breakwaters; their vertical movement with waves drives hydraulic pistons, pumping fluid to an onshore generator.

India Tidal Power Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on power generation method and tidal energy converters.

Power Generation Method Insights:

Tidal Barrage
Floating Tidal Power Platform
Tidal Stream Generation
Dynamic Tidal Power

The report has provided a detailed breakup and analysis of the market based on the power generation method. This includes tidal barrage, floating tidal power platform, tidal stream generation, and dynamic tidal power.

Tidal Energy Converters Insights:

Horizontal Axis Turbine
Vertical Axis Turbine
Others

A detailed breakup and analysis of the market based on the tidal energy converters have also been provided in the report. This includes horizontal axis turbine, vertical axis turbine, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North, South, East, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Tidal Power Market News:

In February 2025, Eco Wave Power showcased its onshore wave energy technology at India Energy Week 2025 and signed its first collaboration with a Fortune 500 Indian company for a pilot project in Maharashtra. Partnering with a major Indian energy corporation, the company aims to introduce wave energy to India's renewable strategy.

India Tidal Power Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	MW
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Power Generation Method Tidal Energy Converters Region
Power Generation Methods Covered	Tidal Barrage, Floating Tidal Power Platform, Tidal Stream Generation, Dynamic Tidal Power
Tidal Energy Converters Covered	Horizontal Axis Turbine, Vertical Axis Turbine, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India tidal power market performed so far and how will it perform in the coming years?
What is the breakup of the India tidal power market on the basis of power generation method?
What is the breakup of the India tidal power market on the basis of tidal energy converters?
What are the various stages in the value chain of the India tidal power market?
What are the key driving factors and challenges in the India tidal power market?
What is the structure of the India tidal power market and who are the key players?
What is the degree of competition in the India tidal power market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India tidal power market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India tidal power market.
Porter's Five Forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India tidal power industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Purchase Options Discount
Offer

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.