The global wave energy market is being driven by a growing demand for alternative and clean energy sources as a result of growing environmental concerns about carbon emissions emitted by fossil-based energy sources. The industry’s expansion is being aided by the rising worldwide need for clean energy. The growing aversion to using traditional energy sources, which contributes to the increase in greenhouse gases, is also assisting the growing transition to renewable energy sources such as wave energy, which is further catalysing market growth.
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