Renewable Energy in Saudi Arabia

Renewable Energy in Saudi Arabia
Summary

Renewable Energy in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). 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, hydroelectricity, wind energy, solar, biomass, and geothermal.
• The Saudi Arabian renewable energy market recorded revenues of $0 billion in 2023, representing a compound annual growth rate (CAGR) of 69.5% between 2018 and 2023.
• Market production volume increased with a CAGR of 146.8% between 2018 and 2023, to reach a total of 4,488.3 GWh in 2023.
• Saudi Arabia held a share of 3.4% of the Middle East renewable energy market in 2023.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Saudi Arabia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Saudi Arabia
• 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 Saudi Arabia renewable energy market with five year forecasts

• What was the size of the Saudi Arabia renewable energy market by value in 2023?
• What will be the size of the Saudi Arabia renewable energy market in 2028?
• What factors are affecting the strength of competition in the Saudi Arabia renewable energy market?
• How has the market performed over the last five years?
• What are the main segments that make up Saudi Arabia's renewable energy market?