Report cover image

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

Publisher Grand View Research
Published Sep 05, 2025
Length 110 Pages
SKU # GV20471231

Description

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
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

110 Pages
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. Ørsted
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

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us