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Report Highlights
This report provides an in-depth analysis of the renewable energy market in the Middle East and North Africa (MENA) region, using 2024 as the base year and forecasting trends from 2025 to 2030, with estimations of compound annual growth rates (CAGR).
Report Includes
- Analyses of trends in the Middle East and Northern Africa (MENA) markets for renewable energy, with revenue data for 2024, estimates for 2025 and projected CAGRs through 2030
- Estimates of the market size and revenue prospects, along with a corresponding market share analysis by source, end-users, and country
- An analysis of technological advancements in solar, wind and green hydrogen energy, government policies and regulatory frameworks, and industry investment trends
- Analysis of the industry structure, including companies’ product offerings, strategic alliances, venture fundings and investment outlook
Report Scope
This report comprehensively analyzes the renewable energy market across the Middle East and North Africa (MENA) region, with 2024 as the base year and market projections extending through the end of 2030. It offers detailed insights into key growth indicators, including market size, segmentation, and compound annual growth rates (CAGR) across various renewable energy segments. The study evaluates market trends, policy frameworks, investment flows, and technological innovations shaping the adoption of renewable energy across the region.
The report is segmented by source, including solar, wind, hydro, and bioenergy and end-user sectors such as residential, commercial, and utility-scale applications. It also explores distribution models and market entry strategies relevant to industry stakeholders.
To maintain a focused and relevant analysis, the report excludes Turkey and Israel, whose renewable energy sectors are significantly more mature and developed than those of other MENA countries. Including these markets would have skewed the overall data and masked the specific dynamics of emerging markets within the region. By concentrating on developing and high-potential economies such as Saudi Arabia, UAE, Egypt, and Morocco, this report aims to provide actionable intelligence for investors, policymakers, and companies seeking to capitalize on the region’s untapped renewable energy opportunities.
Report Synopsis
| Report Metrics | Details |
|---|---|
| Base year considered | 2024 |
| Forecast period considered | 2025-2030 |
| Base year market size | $26.8 billion |
| Market size forecast | $59.9 billion |
| Growth rate | CAGR of 14.4% for the forecast period of 2025-2030 |
| Units considered | $ Billions |
| Segments covered | Source, End-Users, and Country |
| Regions covered | Middle East and North Africa |
| Countries covered | Egypt, Morocco, UAE, Jordan, Tunisia, Saudi Arabia, Oman, Algeria, and Kuwait |
| Key Market Drivers |
|
Frequently Asked Questions (FAQs)
- Abundant solar and wind resources across the region
- Government initiatives and national energy transition plans (e.g., Saudi Vision 2030, UAE Energy Strategy 2050)
- Rising energy demand and the need to diversify from fossil fuels
- International climate commitments and decarbonization targets
- Investments in utility-scale renewable projects and green hydrogen development.
Analyst Credentials
Kunal R. Nagpure– Consultant-Food & Beverage Research
Kunal Nagpure is an accomplished market researcher with over eight years of experience in the F&B, Environment, and Agriculture markets. He is passionate about using his knowledge to help clients make data-driven decisions and achieve their business objectives. With a keen eye for detail and a strong analytical mindset, Kunal has delivered numerous successful research projects that have enabled clients to gain a competitive edge in their respective markets. Academically, Kunal holds a master’s degree in Marketing and Operations and a bachelor’s degree in Biotech Engineering.
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