Middle East and Africa (MEA) - Renewable Energy Market size to increase by USD 15.00 billion between 2022 to 2027| Acciona SA, ACWA Power International, AKER HORIZONS and more among key companies- Technavio

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Dec 12, 2023, 13:45 ET

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The Middle East and Africa (MEA) - Renewable Energy Market size is expected to grow by USD 15.00 billion, acceleration at a CAGR of 8.4% during the forecast period, according to Technavio. Rise in energy demand is notably driving the renewable energy market in Middle East and Africa. However, factors such as competition from alternative energy sources may impede market growth. We provide a detailed analysis of 20 companies operating in the renewable energy market in Middle East and Africa including Acciona SA, ACWA Power International, AKER HORIZONS, AKUO ENERGY SAS, AMEA Power, Electricite de France SA, Enel Spa, Enerwhere Sustainable Energy, 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., Yellow Door Energy, ENGIE SA, and IBC SOLAR AG. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Report

Technavio has announced its latest market research report titled Renewable Energy Market in MEA 2023-2027

Company Analysis

Acciona SA: The company offers renewable energy such as renewable energy water projects at South Africa and Egypt.

This report provides a full list of key companies, their strategies, and latest developments. Buy The Full Report Now for detailed company information.

Segmentation

End-user

Residential
Industrial
Commercial

Type

Hydropower
Wind
Solar
Others

The residential segment is expected to experience notable expansion during the forecast period. Elevated energy consumption has adverse environmental implications, including air pollution, the greenhouse effect, and the urban heat island effect. Utilizing clean energy instead of finite resources stands out as the most efficient approach to conserving energy in residential areas. This shift enables the US to address the escalating energy needs of households while safeguarding and preserving limited resources for the benefit of future generations, all while upholding environmental principles.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Key Highlights

Historic Market Size 2017-2021
CAGR of the market during 2023-2027
Detailed information on factors that will assist renewable energy market in Middle East and Africa growth during the next five years
Forecasts on upcoming trends and changes in consumer behavior
The growth of the renewable energy market in Middle East and Africa
Analysis of the competitive landscape and detailed information on companies
Comprehensive details of factors that will impede the growth of renewable energy market in Middle East and Africa companies

Related Reports:

Renewable Energy Market: The renewable energy market is estimated to grow at a CAGR of 8.91% between 2022 and 2027. The size of the market is forecast to increase by 1,776.08 GW.

Renewable Energy Investment Market: The renewable energy investment market share is expected to increase by USD 168.43 billion from 2021 to 2026, at a CAGR of 7.59%.

ToC:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by End-User
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

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SOURCE Technavio