Analyst Perspective:
United Arab Emirates In terms of value, the Solar Energy Market in UAE was valued at US$ XX Million in 2022 and is projected to reach US$XX Million by 2030; it is expected to grow at a CAGR of 9.7% during the forecast period.
In the changing energy market scenario, the UAE is constantly advancing in renewable energy, boosting the initiatives toward a more sustainable energy model, and strongly progressing in the solar energy infrastructure. The UAE government has given prominence to the development of the renewable energy sector involving solar energy to boost the country's energy revolution. A few renewable power generation and energy storage projects have commenced in the UAE. The country's energy strategy 2050 aims for an energy mix that involves renewable and clean energy sources to fulfill the UAE's economic requirements and environmental objectives: 44% clean energy, 38% gas, and 12% clean coal. Growing energy requirements and rising share of renewables in the country are anticipated to boost the growth of the solar energy market in the coming years.
Market Segmentation - Solar Energy Market
SEGMENT NAME | TYPE |
Photovoltaic Systems | Monocrystalline, Polycrystalline, Others |
Application | Electricity Generation, Heating, Others |
End User | Residential, Commercial and Industrial, Utility Scale |
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Key Player Analysis - Solar Energy Market
- JinkoSolar Holding Co Ltd
- Canadian Solar Inc
- Trina Solar Co. Ltd
- First Solar Inc
- ADT Solar
- ACCIONA Energía
- BrightSource
- Abengoa SA
- Heliogen Inc
- Nextera Energy
are the key Solar Energy Market players profiled in the report.
United Arab Emirates and Global Solar Energy Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ XX Million |
Market Size by 2030 | US$ XX Million |
Global CAGR (2022 - 2030) | 9.7% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Technology
|
Regions and Countries Covered | United Arab Emirates
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
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The List of Companies - Solar Energy Market
- JinkoSolar Holding Co Ltd
- Canadian Solar Inc
- Trina Solar Co. Ltd
- First Solar Inc
- ADT Solar
- ACCIONA Energía
- BrightSource
- Abengoa SA
- Heliogen Inc
- Nextera Energy