Iran Renewable Energy Market Size & Outlook, 2026-2033
The renewable energy market in Iran is expected to reach a projected revenue of US$ 29.1 billion by 2033. A compound annual growth rate of 13% is expected of Iran renewable energy market from 2026 to 2033.
Revenue, 2025 (US$B)
$10.7
Estimate, 2026 (US$B)
$12.3
Forecast, 2033 (US$B)
$29.1
CAGR, 2026 - 2033
13.0%
Global Market
Related Markets
Iran renewable energy market highlights
- The Iran renewable energy market generated a revenue of USD 10.7 billion in 2025 and is expected to reach USD 29.1 billion by 2033.
- The Iran market is expected to grow at a CAGR of 13% from 2026 to 2033.
- In terms of segment, wind was the largest revenue generating product in 2025.
- Solar is the most lucrative product segment registering the fastest growth during the forecast period.
Renewable energy market data book summary
| Market revenue in 2025 | USD 10.7 billion |
| Market revenue in 2033 | USD 29.1 billion |
| Growth rate | 13% (CAGR from 2026 to 2033) |
| Largest segment | Wind |
| Fastest growing segment | Solar |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Hydropower, Wind, Solar, Bioenergy |
| Key market players worldwide | ABB Ltd, Acciona SA, Enel SpA, Haier Smart Home Co Ltd ADR, Innergex Renewable Energy Inc, Invenergy, Schneider Electric SE, Siemens Gamesa Renewable Energy, Suzlon Energy, Tata Power Renewable Energy |
Other key industry trends
- In terms of revenue, Iran accounted for 0.7% of the global renewable energy market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Middle East & Africa, Iran renewable energy market is projected to lead the regional market in terms of revenue in 2033.
- Iran is the fastest growing regional market in Middle East & Africa and is projected to reach USD 29.1 billion by 2033.
No credit card required*
Publish Date: Jan 08, 2026
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
Renewable Energy Market Scope
Renewable Energy Market segmentation & scope
Renewable Energy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Haier Smart Home Co Ltd ADR | View profile | 112,458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | smart-home.haier.com/cn |
| Acciona SA | View profile | 57,843 | Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, Spain, 28108 | www.acciona.com |
| Enel SpA | View profile | 60,905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | www.enel.com |
| Suzlon Energy | View profile | 10001+ | Pune, Maharashtra, India, Asia | suzlon.com/ |
| Tata Power Renewable Energy | View profile | 251-500 | Mumbai, Maharashtra, India, Asia | www.tatapowerrenewables.com |
| Siemens Gamesa Renewable Energy | View profile | 10001+ | Zamudio, Pais Vasco, Spain, Europe | www.siemensgamesa.com/en-int |
| Innergex Renewable Energy Inc | View profile | 602 | 1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, Canada, J4K 0B9 | www.innergex.com |
| Invenergy | View profile | 1001-5000 | Chicago, Illinois, United States, North America | invenergy.com |
Iran Renewable Energy 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 Renewable Energy Market Outlook will help companies and investors design strategic landscapes.
Wind was the largest segment with a revenue share of 42.06% in 2025.
Horizon Databook has segmented the Iran renewable energy market based on hydropower, wind, solar, bioenergy covering the revenue growth of each sub-segment from 2021 to 2033.
- Iran Renewable Energy Market Product Outlook (Revenue, USD Billion , 2021-2033)
- Hydropower
- Wind
- Solar
- Bioenergy
- Others
- Iran Renewable Energy Market Application Outlook (Revenue, USD Billion , 2021-2033)
- Industrial
- Commercial
- Residential
Reasons to subscribe to Renewable Energy Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Renewable Energy Market Outlook databook
- Our clientele includes a mix of Renewable Energy Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Iran Renewable Energy Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Iran Renewable Energy Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Iran Renewable Energy Market, 2021-2033 (US$B)
Iran renewable energy market statistics, by product, 2021-2033 (TWh)
