Summary
Renewable Energy in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Emirati renewable energy market recorded revenues of $262.2 million in 2024, representing a compound annual growth rate (CAGR) of 40.6% between 2019 and 2024.
- Market production volume increased with a CAGR of 33.8% between 2019 and 2024, reaching a total of 14,759.3 GWh in 2024.
- The UAE’s climate and pollution goals have significantly supported the growth of its renewable energy market by driving a structural shift away from fossil fuel dependence. According to the US Energy Information Administration (EIA), in 2024, the proportion of fossil fuels in total power generation in the UAE reached 85.6%, down from 86.7% in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
Reasons to Buy
- What was the size of the United Arab Emirates renewable energy market by value in 2024?
- What will be the size of the United Arab Emirates renewable energy market in 2029?
- 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?
- What are the main segments that make up United Arab Emirates's renewable energy market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. AMEA Power LLC
8.2. Yellow Door Energy LLC
8.3. Abu Dhabi National Energy Co
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United Arab Emirates renewable energy market value: $ million, 2019-24
Table 2: United Arab Emirates renewable energy market volume: GWh, 2019-24
Table 3: United Arab Emirates renewable energy market geography segmentation: $ million, 2024
Table 4: United Arab Emirates renewable energy market value forecast: $ million, 2024-29
Table 5: United Arab Emirates renewable energy market volume forecast: GWh, 2024-29
Table 6: AMEA Power LLC: Key Facts
Table 7: AMEA Power LLC: Key Employees
Table 8: Yellow Door Energy LLC: Key Facts
Table 9: Yellow Door Energy LLC: Key Employees
Table 10: Abu Dhabi National Energy Co: Key Facts
Table 11: Abu Dhabi National Energy Co: Annual Financial Ratios
Table 12: Abu Dhabi National Energy Co: Key Employees
Table 13: United Arab Emirates Size of Population (Million), 2020-24
Table 14: United Arab Emirates Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 15: United Arab Emirates GDP (Current Prices, $ Billion), 2020-24
Table 16: United Arab Emirates Inflation, 2020-24
Table 17: United Arab Emirates Consumer Price Index (Absolute), 2020-24
Table 18: United Arab Emirates Exchange Rate, 2019-24
List of Figures
Figure 1: United Arab Emirates renewable energy market value: $ million, 2019-24
Figure 2: United Arab Emirates renewable energy market volume: GWh, 2019-24
Figure 3: United Arab Emirates renewable energy market geography segmentation: % share, by value, 2024
Figure 4: United Arab Emirates renewable energy market value forecast: $ million, 2024-29
Figure 5: United Arab Emirates renewable energy market volume forecast: GWh, 2024-29
Figure 6: Forces driving competition in the renewable energy market in United Arab Emirates, 2024
Figure 7: Drivers of buyer power in the renewable energy market in United Arab Emirates, 2024
Figure 8: Drivers of supplier power in the renewable energy market in United Arab Emirates, 2024
Figure 9: Factors influencing the likelihood of new entrants in the renewable energy market in United Arab Emirates, 2024
Figure 10: Factors influencing the threat of substitutes in the renewable energy market in United Arab Emirates, 2024
Figure 11: Drivers of degree of rivalry in the renewable energy market in United Arab Emirates, 2024
