Middle East & Africa Offshore Wind Market Size & Outlook
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MEA offshore wind market highlights
- The MEA offshore wind market generated a revenue of USD 248.9 million in 2024.
- The market is expected to grow at a CAGR of 8% from 2025 to 2030.
- In terms of segment, fixed structure was the largest revenue generating installation in 2024.
- Fixed Structure is the most lucrative installation segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 248.9 million |
| Market revenue in 2030 | USD 383.8 million |
| Growth rate | 8% (CAGR from 2025 to 2030) |
| Largest segment | Fixed structure |
| Fastest growing segment | Fixed Structure |
| Historical data covered | 2020 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Structure |
Other key industry trends
- In terms of revenue, MEA region accounted for 0.6% of the global offshore wind market in 2024.
- Globally, Europe 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 18,212.5 million by 2030.
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Offshore Wind Market Scope
Offshore Wind Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Taiyuan Heavy Industry | View profile | 5001-10000 | Taiyuan, Shanxi, China, Asia | http://www.tyhi.com.cn |
| Windey | View profile | 1001-5000 | Hangzhou, Zhejiang, China, Asia | https://www.windeyenergy.com |
| Shanghai Electric Group Corp | View profile | 10001+ | Shanghai, Shanghai, China, Asia | https://www.shanghai-electric.com |
| Vestas | View profile | 10001+ | Aarhus, Midtjylland, Denmark, Europe | http://www.vestas.com |
| Rockwell Automation | View profile | 10001+ | Milwaukee, Wisconsin, United States, North America | https://www.rockwellautomation.com/ |
| Siemens Gamesa Renewable Energy | View profile | 10001+ | Zamudio, Pais Vasco, Spain, Europe | https://www.siemensgamesa.com/en-int |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Nordex SE ADR | View profile | 9345 | Langenhorner Chaussee 600, Hamburg, Germany, 22419 | https://www.nordex-online.com |
| Hyundai Motor Co | View profile | 73502 | 12, Heolleung-ro, Seocho-Gu, Seoul, Korea, Republic of | https://www.hyundai.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Middle East & Africa offshore wind 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 offshore wind market will help companies and investors design strategic landscapes.
Fixed structure was the largest segment with a revenue share of 104.94% in 2024. Horizon Databook has segmented the Middle East & Africa offshore wind market based on fixed structure covering the revenue growth of each sub-segment from 2020 to 2030.
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Our clientele includes a mix of offshore wind market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa offshore wind market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa offshore wind market from 2020 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Offshore Wind Market Outlook Share, 2024 & 2030 (US$M)
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