In this paper, we propose a combined filtering method rooted in the application of the Sage–Husa Adaptive Kalman filtering, designed specifically to process wave sensor data. This methodology aims to boost the measurement precision and real-time performance of wave parameters. (1) This study delineates the basic principles of the Kalman filter. (2) We discuss in detail the methodology for analyzing wave parameters from the collected wave acceleration data, and deeply study the key issues that may arise during this process. (3) To evaluate the efficacy of the Kalman filter, we have designed a simulation comparison encompassing various filtering algorithms. The results show that the Sage–Husa Adaptive Kalman Composite filter demonstrates superior performance in processing wave sensor data. (4) Additionally, in Chapter 5, we designed a turntable experiment capable of simulating the sinusoidal motion of waves and carried out a detailed errors analysis associated with the Kalman filter, to facilitate a deep understanding of potential problems that may be encountered in practical application, and their solutions. (5) Finally, the results reveal that the Sage–Husa Adaptive Kalman Composite filter improved the accuracy of effective wave height by 48.72% and the precision of effective wave period by 23.33% compared to traditional bandpass filter results.