Middle East & Africa Clean Technology Market Size & Outlook
The clean technology market in Middle East & Africa is expected to reach a projected revenue of US$ 45,195.2 million by 2030. A compound annual growth rate of 12.5% is expected of Middle East & Africa clean technology market from 2025 to 2030.
Revenue, 2024 (US$M)
$22,742.8
Forecast, 2030 (US$M)
$45,195.2
CAGR, 2025 - 2030
12.5%
Report Coverage
Middle East & Africa
Middle East Africa Clean Technology Market, 2018-2030 (US$M)
Global Market
Related Markets
MEA clean technology market highlights
- The MEA clean technology market generated a revenue of USD 22,742.8 million in 2024.
- The market is expected to grow at a CAGR of 12.5% from 2025 to 2030.
- In terms of segment, renewable energy technologies was the largest revenue generating type in 2024.
- Energy Storage Solutions is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 22,742.8 million |
| Market revenue in 2030 | USD 45,195.2 million |
| Growth rate | 12.5% (CAGR from 2025 to 2030) |
| Largest segment | Renewable energy technologies |
| Fastest growing segment | Energy Storage Solutions |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Renewable Energy Technologies, Energy Storage Solutions, Energy Efficiency Solutions, Water and Waste Management, Agriculture and Food Systems, Air and Environment Management |
| Key market players worldwide | Adani Group, Canadian Solar Inc, Enel SpA, GE Aerospace, Iberdrola SA, International Business Machines Corp, JinkoSolar Holding Co Ltd DR, NextEra Energy Resources, Orsted A/S, Vestas |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.5% of the global clean technology market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,003,518.8 million by 2030.
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Publish Date: Feb 06, 2025
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Clean Technology Market Scope
Clean Technology Market segmentation & scope
Clean Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| GE Aerospace | View profile | 125,000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | www.geaerospace.com |
| Iberdrola SA | View profile | 41,384 | Plaza Euskadi Number 5, Biscay, Bilbao, Spain, 48009 | www.iberdrola.com |
| Enel SpA | View profile | 60,905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | www.enel.com |
| JinkoSolar Holding Co Ltd DR | View profile | 31,030 | 1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, China, People's Republic of, 334100 | www.jinkosolar.com/en |
| Canadian Solar Inc | View profile | 22,234 | 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 | www.canadiansolar.com |
| Orsted A/S | View profile | 8,900 | Kraftvaerksvej 53, Skaerbaek, Fredericia, Denmark, DK-7000 | www.orsted.com |
| Adani Group | View profile | 10001+ | Ahmedabad, Gujarat, India, Asia | www.adani.com |
| Vestas | View profile | 10001+ | Aarhus, Midtjylland, Denmark, Europe | www.vestas.com |
| NextEra Energy Resources | View profile | 11-50 | Florida, New York, United States, North America | www.nexteraenergyresources.com/ |
Middle East & Africa Clean Technology Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Clean Technology Market Outlook will help companies and investors design strategic landscapes.
Renewable Energy Technologies was the largest segment with a revenue share of 69.95% in 2024.
Horizon Databook has segmented the Middle East & Africa clean technology market based on renewable energy technologies, energy storage solutions, energy efficiency solutions, water and waste management, agriculture and food systems, air and environment management covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Clean Technology Market Type Outlook (Revenue, USD Million , 2018-2030)
- Renewable Energy Technologies
- Energy Storage Solutions
- Energy Efficiency Solutions
- Water and Waste Management
- Agriculture and Food Systems
- Air and Environment Management
- Middle East & Africa Clean Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Industrial
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Clean Technology Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Clean Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Middle East Africa Clean Technology Market, 2018-2030 (US$M)
MEA clean technology market statistics, by type, 2018-2030 (US$M)
