openPR Logo
Press release

GCC Renewable Energy Market Size, Trends Analysis, Industry Growth and Forecast Report 2025-2033

02-19-2025 11:21 AM CET | Energy & Environment

Press release from: IMARC Group

GCC Renewable Energy Market Latest Report 2025-2033

GCC Renewable Energy Market Latest Report 2025-2033

Renewable Energy Market in GCC 2025:

How Big is the GCC Renewable Energy Industry?

The GCC renewable energy market size was valued at 16.44 GW in 2024. Looking forward, IMARC Group estimates the market to reach 43.80 GW by 2033, exhibiting a CAGR of 10.60% from 2025-2033.

Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: 16.44 GW
Market Size in 2033: 43.80 GW
Market Growth Rate (CAGR) 2025-2033: 10.60%

Request Free Sample Report: https://www.imarcgroup.com/gcc-renewable-energy-market/requestsample

GCC Renewable Energy Market Trends and Drivers:

The GCC renewable energy market is expanding at an impressive rate due to a confluence of driving factors and emerging trends that are reshaping the energy landscape across the region. Basically, the region's abundant natural resources, particularly in solar and wind energy, provide a strong foundation for the development of renewable projects, which is further bolstered by government policies aimed at diversifying energy sources and reducing dependence on fossil fuels.

In addition, rapidly declining costs of renewable technologies, especially solar photovoltaic installations, have made these solutions increasingly attractive to both public and private investors, enabling large-scale projects to flourish. Moreover, the strategic emphasis on sustainability and the urgent need to lower carbon emissions are prompting significant investments in renewable infrastructure, as governments and industry leaders recognize the dual economic and environmental benefits of clean energy. Furthermore, technological advancements such as improved energy storage systems and smart grid technologies are enhancing the efficiency and reliability of renewable energy systems, making them more competitive against traditional power sources.

In addition, the development of hybrid renewable systems that integrate multiple energy sources, such as solar and wind combined with battery storage, is ensuring a consistent and reliable power supply even during periods of low generation. Similarly, strategic partnerships and public-private collaborations are accelerating technology transfer and fostering innovation within the sector, positioning the region as a potential global leader in renewable energy transition. Also, the expansion of digital infrastructure and high internet penetration are supporting the deployment of advanced digital tools for energy management and optimization, further propelling market growth.

Besides, increasing consumer and business focus on environmental sustainability is driving demand for cleaner energy alternatives, while robust financial incentives and supportive regulatory frameworks are creating an enabling environment for continued investment. Overall, this multi-faceted approach is creating a dynamic ecosystem that not only addresses energy security and climate change challenges but also stimulates economic growth and job creation. Finally, as stakeholders continue to leverage innovative solutions and explore new technological frontiers, the outlook for the GCC renewable energy market remains exceptionally positive, promising transformative change and significant returns on investment.

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Few key players are:

• MACE Group
• Enerwhere Sustainable Energy DMCC
• SolarWinds
• Akuo Energy SAS
• Yellow Door Energy Limited
• Masdar (Abu Dhabi Future Energy Co.)
• Canadian Solar Inc.
• Siraj Power Contracting LLC
• ACWA POWER BARKA SAOG
• EDF Renewables

GCC Renewable Energy Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Type:

• Hydropower
• Wind Power
• Solar Power
• Bioenergy
• Geothermal Energy
• Others

Analysis by Application:

• Residential
• Commercial
• Industrial

Country Analysis:

• Saudi Arabia
• UAE
• Qatar
• Kuwait
• Oman
• Bahrain

Contact Our Analysts for Brochure Requests, Customization, and Inquiries Before Purchase: https://www.imarcgroup.com/request?type=report&id=26823&flag=C

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse Other Latest Research Reports:

GCC Tire Market Report: https://www.imarcgroup.com/gcc-tire-market/requestsample

GCC Online Grocery Market Report: https://www.imarcgroup.com/gcc-online-grocery-market/requestsample

Contact Us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GCC Renewable Energy Market Size, Trends Analysis, Industry Growth and Forecast Report 2025-2033 here

News-ID: 3876353 • Views:

More Releases from IMARC Group

Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw Materials and Investment Insights
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety. Setting up an
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025-2033
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Halal Cosmetics Market Highlights: • Halal Cosmetics Market
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Economics and Profitability Outlook
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors. Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and Market Opportunities
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations. Setting up a honey processing plant involves operations such as

All 5 Releases


More Releases for GCC

GCC Herbal Ingredients and Functional Beverages Market CAGR 5.5% from 2018 to 20 …
According to a new report published by Allied Market Research, titled, "GCC Herbal Ingredients and Functional Beverages Market By Functional Beverage and Herbal Ingredients: GCC Opportunity Analysis and Industry Forecast, 2018-2027," The herbal ingredients market was valued at $46.4 million in 2017 and is projected to reach $73.5 million by 2027, registering a CAGR of 4.9% from 2018 to 2027. The functional beverages market revenue was valued at $750.2 million
GCC Artificial Intelligence Market
When any business seek to lead the market or make a mark in the market as a fresh emergent, market research report is always central. A comprehensive GCC Artificial Intelligence Market report encompasses a market data that provides a detailed analysis of the ABC industry and its impact based on applications and different geographical regions. The report gives current as well as upcoming technical and financial details of the industry
GCC LED Lighting Market
According to the latest report by IMARC Group, titled "𝗚𝗖𝗖 𝗟𝗘𝗗 𝗟𝗶𝗴𝗵𝘁𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳", the GCC LED lighting market size reached a value of US$ 689.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,452.1 Million by 2027, exhibiting a CAGR of 14.1% during 2022-2027.. 𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲: Base Year of the Analysis: 2021 Historical Period:
GCC Contact Lens Market Size, Growth Opportunities, Statistics, Market Scope, Tr …
The GCC Contact Lens Market Report provides a thorough study of the competitive landscape, market participants, geographical regions, and application areas. In order to comprehend future demand and industry prognosis, the research includes a complete assessment of growth variables, market definitions, manufacturers, market potential, and influential trends. The research also contains a comprehensive analysis of the market, taking into account key growth-influencing elements. The study gives a detailed breakdown of important
GCC Connected Medical Devices Market Size, Growth Opportunities, Statistics, Mar …
The research report GCC Connected Medical Devices Market Analysis, 2027 published by MarkNtel Advisors is a comprehensive study of the industry's historical, current, & forecasted trends, prepared after rigorously analyzing aspects like growth drivers, restraints, opportunities, challenges, & demand scenarios in order to help stakeholders make informed decisions while investing in the Market, i.e., projected to witness around 20.19% CAGR during 2022-27. The report comprises detail-driven data associated with the current
GCC Digital Signage Market-(2017-2023)
Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrain