Renewable Energy in United Arab Emirates

Renewable Energy in United Arab Emirates
Summary

Renewable Energy in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 Emirati renewable energy market recorded revenues of $0.2 billion in 2023, representing a compound annual growth rate (CAGR) of 59.6% between 2018 and 2023.
• Market production volume increased with a CAGR of 59.5% between 2018 and 2023, to reach a total of 12,488.9 GWh in 2023.
• The United Arab Emirates held a share of 8.0% of the European renewable energy market in 2023.

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in United Arab Emirates
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in United Arab Emirates
• 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 United Arab Emirates renewable energy market with five year forecasts by both value and volume

• What was the size of the United Arab Emirates renewable energy market by value in 2023?
• What will be the size of the United Arab Emirates renewable energy market in 2028?
• What factors are affecting the strength of competition in the United Arab Emirates renewable energy market?
• How has the market performed over the last five years?
• How large is United Arab Emirates' renewable energy market in relation to its regional counterparts?