Middle East Solar Window Market: Current Analysis and Forecast (2023-2030)

Solar windows are windows that incorporate solar cells or other photovoltaic materials to generate electricity from sunlight. The cells are typically transparent, allowing light to pass through while still allowing the window to remain clear. Growing concern about climate change and the need to reduce carbon emissions is proliferating the demand of solar window market in Middle East.

The Middle East Solar Window Market was valued 6.16 million in 2022 and is expected to grow at a CAGR of 20% during the forecast period. It is mainly owing to the government programs and incentives to promote cleaner renewable energy in order to meet climate change policies globally. Although solar windows were in development for a long time, they were introduced a decade back to the public.

Based on End User, the Solar Window market is divided into commercial buildings and other segments. The commercial buildings segment acquired a majority share in the solar window market and is expected to showcase a substantial growth rate during the forecast period as the Middle East region has witnessed a growing demand for solar windows in commercial buildings due to a confluence of factors that align with both economic and environmental considerations.

Based on Application, the solar window market is segmented into the skylight, curtain walls & Facade, and Other segments. The solar windows can be applied to any part of the building but since the market is still in the development stage, the main areas of application right now are the skylight and curtain wall & Facade.

For a better understanding of the market adoption of Middle East Solar Window, the market is analyzed based on its presence in the countries such as the Middle East (UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, Rest of the Middle East). The Middle East region has shown increasing interest in renewable energy sources, including solar energy, due to its abundant sunlight and the growing need for sustainable energy solutions. Solar energy has the potential to play a significant role in meeting the energy demands of the region while reducing reliance on fossil fuels and mitigating environmental impacts. Moreover, the Middle East has been actively investing in renewable energy sources, including solar power. Many countries in the region have set ambitious goals for increasing their solar energy capacity. Initiatives and policies aimed at promoting renewable energy adoption could drive the demand for innovative solar technologies like solar windows. For instance, Saudi Arabia launched its "Vision 2030" plan, which includes a goal to develop 58.7 GW of renewable energy capacity by 2030, with a significant portion coming from solar power. The country has initiated projects like the Sakaka Solar Plant and plans to further expand its solar capacity.

Some of the major players operating in the market are Ubiquitous Energy Inc., SolarWindow Technologies, Inc., ClearVue Technologies Limited, PHYSEE Group B.V., EnergyGlass Limited, Glass to Power SpA, Brite Hellas S.A., Onyx Solar Group LLC, Polysolar Ltd, and NEXT Energy Technologies.