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PUBLISHER: Grand View Research | PRODUCT CODE: 1842395
PUBLISHER: Grand View Research | PRODUCT CODE: 1842395
Middle East Offshore Wind Market Size, Share & Trends Analysis Report By Installation (Fixed Structure, Floating Structure), By Capacity, By Water Depth, By Country, And Segment Forecasts, 2025 - 2033
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Middle East Offshore Wind Market Summary
The Middle East offshore wind market size was estimated at USD 74.66 million in 2024 and is projected to reach USD 165.41 million by 2033, growing at a CAGR of 9.4% from 2025 to 2033. The market is emerging as a key component of the region's broader clean energy transition.
Deployment in the region spans fixed-bottom and floating wind projects across shallow and deep-water sites, supporting grid-connected renewable power, hybrid generation, and industrial-scale clean hydrogen production. National strategies such as Saudi Vision 2030, the UAE's Energy Strategy 2050, and Oman's National Energy Strategy create momentum for offshore wind investments to diversify energy portfolios, reduce reliance on fossil fuels, and meet ambitious decarbonization targets. Early-stage offshore wind projects are being explored along the Red Sea, Arabian Gulf, and Mediterranean coastlines, with increasing focus on floating wind to harness deeper water wind resources.
Growth in the market is fueled by abundant offshore wind potential, declining levelized cost of electricity (LCOE), and strong government-led initiatives supported by public-private partnerships (PPPs) and concessional financing. Offshore wind also plays a key role in large-scale green hydrogen and ammonia production, with co-location opportunities near desalination plants and energy-intensive industrial hubs. Advances in turbine design, subsea cabling, and floating foundation technologies enable more cost-effective deployment in complex geographies, while digital monitoring systems improve efficiency and reliability. Cross-border energy cooperation, including potential interconnections between the GCC and Europe, could open up export opportunities for clean power. With major players like Masdar, ACWA Power, EDF Renewables, and Siemens Gamesa entering the offshore wind market, the Middle East is set for rapid growth, driven by increasing investor confidence and ongoing policy support.
Middle East Offshore Wind Market Report Segmentation
This report forecasts revenue growth at regional & 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 market report on the basis of installation, capacity, water depth, and country.
- Installation Outlook (Volume, MW; Revenue, USD Million; 2021 - 2033)
- Fixed Structure
- Floating Structure
- Capacity Outlook (Volume, MW; Revenue, USD Million; 2021 - 2033)
- Up to 3 MW
- 3 MW to 5 MW
- Above 5 MW
- Water Depth Outlook (Volume, MW; Revenue, USD Million; 2021 - 2033)
- Shallow Water (<30 M Depth)
- Transitional Water (30-60 M Depth)
- Deepwater (More than 60 M Depth)
- Country Outlook (Volume, MW; Revenue, USD Million; 2021 - 2033)
- UAE
- Saudi Arabia
- Israel
- Oman
- Egypt
Product Code: GVR-4-68040-732-2
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 Installations
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. Capacity
- 3.7.5. Environmental
- 3.7.6. Legal
Chapter 4. Middle East Offshore Wind Market: Installation Estimates & Trend Analysis
- 4.1. Middle East Offshore Wind Market: Installation Movement Analysis, 2024 & 2033
- 4.2. Fixed Structure
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 4.3. Floating Structure
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
Chapter 5. Middle East Offshore Wind Market: Capacity Estimates & Trend Analysis
- 5.1. Middle East Offshore Wind Market: Capacity Movement Analysis, 2024 & 2033
- 5.2. Up to 3 MW
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 5.3. 3 MW to 5 MW
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 5.4. Above 5 MW
- 5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
Chapter 6. Middle East Offshore Wind Market: Water Depth Estimates & Trend Analysis
- 6.1. Middle East Offshore Wind Market: Water Depth Movement Analysis, 2024 & 2033
- 6.2. Shallow Water (<30 M Depth)
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 6.3. Transitional Water (30-60 M Depth)
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 6.4. Deepwater (More than 60 M Depth)
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
Chapter 7. Middle East Offshore Wind Market: Country Estimates & Trend Analysis
- 7.1. Country Analysis, 2024 & 2033
- 7.2. Middle East
- 7.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
- 7.2.5. UAE
- 7.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.5.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.5.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.5.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
- 7.2.6. Saudi Arabia
- 7.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.6.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.6.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.6.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
- 7.2.7. Israel
- 7.2.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.7.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.7.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.7.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
- 7.2.8. Oman
- 7.2.8.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.8.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.8.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.8.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
- 7.2.9. Egypt
- 7.2.9.1. Market estimates and forecasts, 2021 - 2033 (USD Million, MW)
- 7.2.9.2. Market estimates and forecasts, by installation, 2021 - 2033 (USD Million, MW)
- 7.2.9.3. Market estimates and forecasts, by capacity, 2021 - 2033 (USD Million, MW)
- 7.2.9.4. Market estimates and forecasts, by water depth, 2021 - 2033 (USD Million, MW)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments By Key Market Participants
- 8.2. Company Categorization
- 8.3. List of Key Component Suppliers & Channel Partners
- 8.4. Company Market Share & Positioning Analysis, 2024
- 8.5. Heat Map Analysis
- 8.6. Vendor Landscape
- 8.6.1. List of Raw Material Suppliers
- 8.6.2. List of Distributors/Traders
- 8.6.3. List of Other Prominent Manufacturers
- 8.7. List of Prospective End Users
- 8.8. Strategy Mapping
- 8.9. Company Profiles/Listing
- 8.9.1. Orsted
- 8.9.1.1. Company Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.2. Siemens Gamesa Renewable Energy
- 8.9.2.1. Company Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.3. Vestas
- 8.9.3.1. Company Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.4. GE Renewable Energy
- 8.9.4.1. Company Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.5. Goldwind
- 8.9.5.1. Company Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.6. RWE Renewables
- 8.9.6.1. Company Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.7. Equinor
- 8.9.7.1. Company Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.8. Shell
- 8.9.8.1. Company Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.9. Masdar
- 8.9.9.1. Company Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.10. Lamprell
- 8.9.10.1. Company Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.1. Orsted
Product Code: GVR-4-68040-732-2
List of Tables
- TABLE 1 Middle East Offshore Wind market estimates & forecasts, 2021 - 2033 (USD Million, MW)
- TABLE 2 Fixed Structure market estimates & forecasts, 2021 - 2033 (USD Million, MW)
- TABLE 3 Floating Structure market estimates & forecasts, 2021 - 2033 (USD Million, MW)
- TABLE 4 Middle East Offshore Wind market estimates & forecasts, in Up to 3 MW, 2021 - 2033 (USD Million, MW)
- TABLE 5 Middle East Offshore Wind market estimates & forecasts, in 3 MW to 5 MW, 2021 - 2033 (USD Million, MW)
- TABLE 6 Middle East Offshore Wind market estimates & forecasts, in Above 5 MW, 2021 - 2033 (USD Million, MW)
- TABLE 7 Middle East Offshore Wind market estimates & forecasts, in Shallow Water (<30 M Depth), 2021 - 2033 (USD Million, MW)
- TABLE 8 Middle East Offshore Wind market estimates & forecasts, in Transitional Water (30-60 M Depth), 2021 - 2033 (USD Million, MW)
- TABLE 9 Middle East Offshore Wind market estimates & forecasts, in Deepwater (More than 60 M Depth), 2021 - 2033 (USD Million, MW)
- TABLE 10 UAE Offshore Wind market estimates & forecast, 2021 - 2033 (USD Million, MW)
- TABLE 11 UAE Offshore Wind market estimates & forecasts by installation, 2021 - 2033 (USD Million, MW)
- TABLE 12 UAE Offshore Wind market estimates & forecasts by capacity, 2021 - 2033 (USD Million, MW)
- TABLE 13 UAE Offshore Wind market estimates & forecasts by water depth, 2021 - 2033 (USD Million, MW)
- TABLE 14 Saudi Arabia Offshore Wind market estimates & forecasts, 2021 - 2033 (USD Million, MW)
- TABLE 15 Saudi Arabia Offshore Wind market estimates & forecasts by installation, 2021 - 2033 (USD Million, MW)
- TABLE 16 Saudi Arabia Offshore Wind market estimates & forecasts by capacity, 2021 - 2033 (USD Million, MW)
- TABLE 17 Saudi Arabia Offshore Wind market estimates & forecasts by water depth, 2021 - 2033 (USD Million, MW)
- TABLE 18 Israel Offshore Wind market estimates & forecast, 2021 - 2033 (USD Million, MW)
- TABLE 19 Israel Offshore Wind market estimates & forecasts by installation, 2021 - 2033 (USD Million, MW)
- TABLE 20 Israel Offshore Wind market estimates & forecasts by capacity, 2021 - 2033 (USD Million, MW)
- TABLE 21 Israel Offshore Wind market estimates & forecasts by water depth, 2021 - 2033 (USD Million, MW)
- TABLE 22 Oman Offshore Wind market estimates & forecasts, 2021 - 2033 (USD Million, MW)
- TABLE 23 Oman Offshore Wind market estimates & forecasts by installation, 2021 - 2033 (USD Million, MW)
- TABLE 24 Oman Offshore Wind market estimates & forecasts by capacity, 2021 - 2033 (USD Million, MW)
- TABLE 25 Oman Offshore Wind market estimates & forecasts by water depth, 2021 - 2033 (USD Million, MW)
- TABLE 26 Egypt Offshore Wind market estimates & forecast, 2021 - 2033 (USD Million, MW)
- TABLE 27 Egypt Offshore Wind market estimates & forecasts by installation, 2021 - 2033 (USD Million, MW)
- TABLE 28 Egypt Offshore Wind market estimates & forecasts by capacity, 2021 - 2033 (USD Million, MW)
- TABLE 29 Egypt Offshore Wind market estimates & forecasts by water depth, 2021 - 2033 (USD Million, MW)
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 - Installation, Capacity & Water Depth
- FIG. 8 Competitive Outlook
- FIG. 9 Middle East Offshore Wind market outlook, 2021 - 2033 (USD Million, MW)
- FIG. 10 Value chain analysis
- FIG. 11 Market dynamics
- FIG. 12 Porter's Analysis
- FIG. 13 PESTEL Analysis
- FIG. 14 Middle East Offshore Wind market, by installation: Key takeaways
- FIG. 15 Middle East Offshore Wind market, by installation: Market share, 2024 & 2033
- FIG. 16 Middle East Offshore Wind market, by capacity: Key takeaways
- FIG. 17 Middle East Offshore Wind market, by capacity: Market share, 2024 & 2033
- FIG. 18 Middle East Offshore Wind market, by water depth: Key takeaways
- FIG. 19 Middle East Offshore Wind market, by water depth: Market share, 2024 & 2033
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