PUBLISHER: Grand View Research | PRODUCT CODE: 1842072
PUBLISHER: Grand View Research | PRODUCT CODE: 1842072
Middle East Offshore Wind Turbine Market Size, Share & Trends Analysis Report By Capacity, By Water Depth (Shallow Water, Transitional Water ), By Country, And Segment Forecasts, 2025 - 2033
Middle East Offshore Wind Turbine Market Summary
The Middle East offshore wind turbine market size was estimated at USD 33.67 million in 2024 and is projected to reach USD 96.70 million by 2033, growing at a CAGR of 12.3% from 2025 to 2033. Offshore wind development in the region is gradually emerging as governments diversify their energy portfolios beyond solar and onshore wind, tapping into coastal resources to meet sustainability and decarbonization targets.
Countries such as Saudi Arabia, the UAE, Egypt, and Israel are exploring offshore wind projects to complement their national energy strategies, including Saudi Vision 2030 and Egypt's Integrated Sustainable Energy Strategy. With abundant wind potential along the Red Sea and Mediterranean coasts, the region is positioning offshore wind as a key driver of long-term clean power generation, supporting both domestic consumption and future electricity exports.
Market growth is propelled by rising demand for utility-scale renewable capacity, technological advancements in turbine efficiency, and supportive frameworks such as auctions, international partnerships, and green financing. Floating wind technology draws interest for deployment in deeper waters, particularly in the Gulf, where seabed conditions pose challenges to fixed-bottom structures. Integration with hydrogen production projects, notably in Oman and the UAE, highlights the role of offshore wind in enabling large-scale green hydrogen export ambitions. Ongoing investments in port infrastructure, grid interconnections, and regional collaboration strengthen project feasibility. With global leaders like Orsted, Vestas, Siemens Gamesa, and regional players such as Masdar and ACWA Power entering feasibility and pilot stages, the Middle East offshore wind turbine market is set to evolve into a critical segment of the regional energy transition over the next decade.
Middle East Offshore Wind Turbine Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the Middle East offshore wind turbine market report on the basis of capacity, water depth, and country:
- Capacity Outlook (Revenue, USD Million, 2021 - 2033)
- Up to 3 MW
- 3 MW to 5 MW
- Above 5 MW
- Water Depth Outlook (Revenue, USD Million, 2021 - 2033)
- Shallow Water (<30 M Depth)
- Transitional Water (30-60 M Depth)
- Deepwater (More than 60 M Depth)
- Country Outlook (Revenue, USD Million, 2021 - 2033)
- Middle East
- UAE
- Saudi Arabia
- Egypt
- Oman
- Israel
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Market Formulation & Data Visualization
- 1.3.3. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliance
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunities
- 3.5.4. Market Challenges
- 3.6. Porter's Five Forces Analysis
- 3.6.1. Bargaining Power of Suppliers
- 3.6.2. Bargaining Power of Buyers
- 3.6.3. Threat of Substitution
- 3.6.4. Threat of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTLE Analysis
- 3.7.1. Political
- 3.7.2. Economic
- 3.7.3. Social Landscape
- 3.7.4. Water Depth
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Middle East Offshore Wind Turbine Market: Capacity Estimates & Trend Analysis
- 4.1. Middle East Offshore Wind Turbine Market: Capacity Movement Analysis, 2024 & 2033
- 4.2. Up to 3 MW
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.3. 3 MW to 5 MW
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 4.4. Above 5 MW
- 4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 5. Middle East Offshore Wind Turbine Market: Water Depth Estimates & Trend Analysis
- 5.1. Middle East Offshore Wind Turbine Market: Water Depth Movement Analysis, 2024 & 2033
- 5.2. Shallow Water (<30 M Depth)
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.3. Transitional Water (30-60 M Depth)
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 5.4. Deepwater (More than 60 M Depth)
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
Chapter 6. Middle East Offshore Wind Turbine Market: Country Estimates & Trend Analysis
- 6.1. Country Analysis, 2024 & 2033
- 6.2. Middle East
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
- 6.2.4. UAE
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.4.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.4.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
- 6.2.5. Saudi Arabia
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.5.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.5.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
- 6.2.6. Egypt
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.6.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.6.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
- 6.2.7. Oman
- 6.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.7.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.7.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
- 6.2.8. Israel
- 6.2.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million)
- 6.2.8.2. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million)
- 6.2.8.3. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments By Key Market Participants
- 7.2. Company Categorization
- 7.3. List of Key Component Suppliers & Channel Partners
- 7.4. Company Market Share & Positioning Analysis, 2024
- 7.5. Heat Map Analysis
- 7.6. Vendor Landscape
- 7.6.1. List of Raw Capacity Suppliers
- 7.6.2. List of Distributors/Traders
- 7.6.3. List of Other Prominent Manufacturers
- 7.7. List of Prospective End Users
- 7.8. Strategy Mapping
- 7.9. Company Profiles/Listing
- 7.9.1. Orsted A/S
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.2. Siemens Gamesa Renewable Energy
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.3. Vestas Wind Systems A/S
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.4. GE Renewable Energy
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.5. Goldwind
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.6. RWE Renewables
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.7. Equinor ASA
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.8. Shell plc
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.9. Masdar
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.10. Lamprell
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.1. Orsted A/S
List of Tables
- Table 1 Middle East Offshore Wind Turbine market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 2 Up to 3 MW market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 3 3 MW to 5 MW market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 4 Above 5 MW market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 5 Middle East Offshore Wind Turbine market estimates & forecasts, in Shallow Water (<30 M Depth), 2021 - 2033 (USD Million)
- Table 6 Middle East Offshore Wind Turbine market estimates & forecasts, in Transitional Water (30-60 M Depth), 2021 - 2033 (USD Million)
- Table 7 Middle East Offshore Wind Turbine market estimates & forecasts, in Deepwater (More than 60 M Depth), 2021 - 2033 (USD Million)
- Table 8 UAE Offshore Wind Turbine market estimates & forecast, 2021 - 2033 (USD Million)
- Table 9 UAE Offshore Wind Turbine market estimates & forecasts by capacity, 2021 - 2033 (USD Million)
- Table 10 UAE Offshore Wind Turbine market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
- Table 11 Saudi Arabia Offshore Wind Turbine market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 12 Saudi Arabia Offshore Wind Turbine market estimates & forecasts by capacity, 2021 - 2033 (USD Million)
- Table 13 Saudi Arabia Offshore Wind Turbine market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
- Table 14 Egypt Offshore Wind Turbine market estimates & forecast, 2021 - 2033 (USD Million)
- Table 15 Egypt Offshore Wind Turbine market estimates & forecasts by capacity, 2021 - 2033 (USD Million)
- Table 16 Egypt Offshore Wind Turbine market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
- Table 17 Oman Offshore Wind Turbine market estimates & forecasts, 2021 - 2033 (USD Million)
- Table 18 Oman Offshore Wind Turbine market estimates & forecasts by capacity, 2021 - 2033 (USD Million)
- Table 19 Oman Offshore Wind Turbine market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
- Table 20 Israel Offshore Wind Turbine market estimates & forecast, 2021 - 2033 (USD Million)
- Table 21 Israel Offshore Wind Turbine market estimates & forecasts by capacity, 2021 - 2033 (USD Million)
- Table 22 Israel Offshore Wind Turbine market estimates & forecasts by water depth, 2021 - 2033 (USD Million)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segmental outlook - Capacity & Water Depth
- Fig. 8 Competitive Outlook
- Fig. 9 Middle East Offshore Wind Turbine market outlook, 2021 - 2033 (USD Million)
- Fig. 10 Value chain analysis
- Fig. 11 Market dynamics
- Fig. 12 Porter's Analysis
- Fig. 13 PESTEL Analysis
- Fig. 14 Middle East Offshore Wind Turbine market, by capacity: Key takeaways
- Fig. 15 Middle East Offshore Wind Turbine market, by capacity: Market share, 2024 & 2033
- Fig. 16 Middle East Offshore Wind Turbine market, by water depth: Key takeaways
- Fig. 17 Middle East Offshore Wind Turbine market, by water depth: Market share, 2024 & 2033
