Global Renewable Energy Market In Middle East And Africa 2024-2028
The renewable energy market in middle east and africa is forecasted to grow by USD 17.28 bn during 2023-2028, accelerating at a CAGR of 8.88% during the forecast period. The report on the renewable energy market in middle east and africa provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in energy demand, rising government support for adoption of renewable energy, and increase in investments in clean energy technologies.
Technavio's renewable energy market in middle east and africa is segmented as below:
- By End-user
- Residential
- Industrial
- Commercial
- By Type
- Hydropower
- Wind
- Solar
- Others
- By Geographical Landscape
- Middle East and Africa
This study identifies the rising popularity of clean energy technologies as one of the prime reasons driving the renewable energy market in middle east and africa growth during the next few years. Also, emergence of zero-energy buildings and advancements in clean energy technologies will lead to sizable demand in the market.
The report on the renewable energy market in middle east and africa covers the following areas:
- Renewable energy market in middle east and africa sizing
- Renewable energy market in middle east and africa forecast
- Renewable energy market in middle east and africa industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading renewable energy market in middle east and africa vendors that include Acciona SA, ACWA Power International, AKER HORIZONS, AKUO ENERGY SAS, AMEA Power, Electricite de France SA, Enel Spa, Enerwhere Sustainable Energy, ENGIE SA, IBC SOLAR AG, Masdar, MVV Energie AG, PV Technology Inc., Saudi Arabian Oil Co., Scatec ASA, Siraj Power Contracting LLC, SolarAfrica Energy Pty Ltd., Solarwind M.E., SunPower Corp., and Yellow Door Energy. Also, the renewable energy market in middle east and africa analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.