Middle East Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The Middle Eastern renewable energy market had total revenues of $0.8 billion in 2022, representing a compound annual growth rate (CAGR) of 12.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 19.9% between 2017 and 2022, to reach a total of 43,610.2 GWh in 2022.
- According to in-house research, in 2022, Egypt accounting for a share of 57.9% was the largest renewable energy market in the Middle East, followed by Israel and UAE holding a share of 18.9% and 18.5%, respectively.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Middle East
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Middle East
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East renewable energy market with five year forecasts
- What was the size of the Middle East renewable energy market by value in 2022?
- What will be the size of the Middle East renewable energy market in 2027?
- What factors are affecting the strength of competition in the Middle East renewable energy market?
- How has the market performed over the last five years?
- What are the main segments that make up Middle East's renewable energy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strengths and weaknesses do leading players have?
- 7.3. What have been the most significant development over the last year?
- 8 Company Profiles
- 8.1. Acwa Power Co
- 8.2. Engie SA
- 8.3. Abu Dhabi National Energy Co
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Middle East renewable energy market value: $ million, 2017–22
- Table 2: Middle East renewable energy market volume: GWh, 2017–22
- Table 3: Middle East renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Middle East renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Middle East renewable energy market geography segmentation: $ million, 2022
- Table 6: Middle East renewable energy market value forecast: $ million, 2022–27
- Table 7: Middle East renewable energy market volume forecast: GWh, 2022–27
- Table 8: Acwa Power Co: key facts
- Table 9: Acwa Power Co: Annual Financial Ratios
- Table 10: Acwa Power Co: Key Employees
- Table 11: Engie SA: key facts
- Table 12: Engie SA: Annual Financial Ratios
- Table 13: Engie SA: Key Employees
- Table 14: Abu Dhabi National Energy Co: key facts
- Table 15: Abu Dhabi National Energy Co: Annual Financial Ratios
- Table 16: Abu Dhabi National Energy Co: Key Employees
- Table 17: Middle East size of population (million), 2018–22
- Table 18: Middle East gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Middle East gdp (current prices, $ billion), 2018–22
- Table 20: Middle East inflation, 2018–22
- Table 21: Middle East consumer price index (absolute), 2018–22
- Table 22: Middle East exchange rate, 2018–22
- List of Figures
- Figure 1: Middle East renewable energy market value: $ million, 2017–22
- Figure 2: Middle East renewable energy market volume: GWh, 2017–22
- Figure 3: Middle East renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Middle East renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Middle East renewable energy market value forecast: $ million, 2022–27
- Figure 6: Middle East renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in the Middle East, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in the Middle East, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in the Middle East, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in the Middle East, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in the Middle East, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in the Middle East, 2022
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