Middle East And Africa Renewable Energy Market Size & Outlook, 2025-2033

Middle East And Africa Renewable Energy Market Highlights

Market Strides analysis indicates that the Middle East And Africa Renewable Energy Market size, which was USD 177.12 Billion in 2024, is projected to attain USD 607.12 Billion by 2033.
The market is expected to register a CAGR of 14.71% over the period 2026–2033.
In 2024, Solar emerged as the dominant By Technology based on market size.
Bioenergy is projected to register the fastest growth, positioning it as the most attractive By Technology segment over the forecast horizon.

Middle East And Africa Renewable Energy Market Overview

Source: MS Analysis Company Publications, Primary Interviews.

Other Key Findings

In 2024, Middle East And Africa accounted for 11.72% of the global Renewable Energy Market size.
By 2033, United States is projected to lead the global market in terms of market size.
Saudi Arabia is projected to emerge as the fastest-growing market in Middle East and Africa, reaching USD 1467.9 Billion by 2033.

Report Summary

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 177.12 Billion
Market Size In 2033	USD 607.12 Billion
Largest segment	Solar
Units	Revenue in USD Billion
CAGR	14.71% (2025-2033)
Segmnetation Covered
Middle East and Africa	United Arab Emirates Saudi Arabia South Africa Egypt Nigeria Turkey
By Technology	Solar Wind Bioenergy
By Application	Utility-Scale Distributed
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Middle East And Africa Renewable Energy Market Country 2025-2033 (USD Billion)

Middle East and Africa	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
United Arab Emirates	XX.x	XX.x	XX.x	70.88	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Saudi Arabia	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
South Africa	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Egypt	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Nigeria	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Turkey	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Middle East And Africa Renewable Energy Market By Technology 2025-2033 (USD Billion)

By Technology	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Solar	XX.x	XX.x	XX.x	96.74	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Wind	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Bioenergy	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Middle East And Africa Renewable Energy Market By Application 2025-2033 (USD Billion)

By Application	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033
Utility-Scale	XX.x	XX.x	XX.x	104.09	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Distributed	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x
Total	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x	XX.x

Source: MS Analysis Company Publications, Primary Interviews.

Author :

Market Strides Research Team

The Market Strides Research Team delivers concise, data-driven insights across Construction & Manufacturing, Energy & Power, and Machinery & Equipment markets. With expertise covering materials, machinery, automation, infrastructure, power systems, renewables, and industrial technologies, the team provides reliable research and clear market intelligence for global businesses and decision-makers.