MEA Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Middle East and Africa Power Market is segmented by Generation (Thermal, Hydro, Renewable, and Others), Transmission and Distribution, and Geography (Saudi Arabia, United Arab Emirates, Egypt, Jordan, and Rest of the Middle-East and Africa)

MEA Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

MEA Power Market Size

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Middle-East and Africa-Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 3.00 %
Market Concentration Low

Major Players

Middle-East and Africa Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Middle-East and Africa Power Market with other markets in Energy & Power Industry

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MEA Power Market Analysis

The Middle-East and Africa Power Market is expected to register a CAGR of greater than 3% during the forecast period.

  • Thermal power is expected to continue its dominance with largest share in power generation, owing to the increase in the share of natural gas in power generation.
  • By 2050, the electricity demand of the Middle-East is expected to triple in comparison to 2018. Moreover, with a significant share in African countries without electricity, vast opportunities are anticipated in the future of the power market.
  • Saudi Arabia is leading the power market with highest electricity consumption. With coming projects and increasing demand, the nation is expected to dominate in the forecast period also.

MEA Power Industry Overview

The Middle-East and Africa power market is fragmented. The major companies include Jinko Solar Holding Co Ltd, ACWA POWER BARKA SAOG, Inc, Dubai Electricity and Water Authority, Eskom Holdings SOC Ltd, and Saudi Electricity Company.

MEA Power Market Leaders

  1. JinkoSolar Holding Co Ltd.

  2. ACWA POWER BARKA SAOG

  3. Dubai Electricity and Water Authority

  4. Eskom Holdings SOC Ltd

  5. Saudi Electricity Company

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration-Middle-East and Africa Power Market.png
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MEA Power Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of Study
  • 1.2 Market Definiton
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Installed Power Generating Capacity Forecast, in Megawatt, till 2025
  • 4.3 Electricity Generation and Consumption Forecast, in Terawatt Hours, till 2025
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Drivers
    • 4.6.2 Restraints
  • 4.7 Supply Chain Analysis
  • 4.8 Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Consumers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitute Products and Services
    • 4.8.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Generation - Source
    • 5.1.1 Thermal
    • 5.1.2 Renewable
    • 5.1.3 Hydro
    • 5.1.4 Others
  • 5.2 Transmission and Distribution
  • 5.3 Geogrpahy
    • 5.3.1 United Arab Emirates
    • 5.3.2 Saudi Arabia
    • 5.3.3 Egypt
    • 5.3.4 Jordan
    • 5.3.5 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 JinkoSolar Holding Co. Ltd
    • 6.3.2 Canadian Solar Inc.
    • 6.3.3 Juwi Solar Inc.
    • 6.3.4 Wuxi Suntech Power Co. Ltd.
    • 6.3.5 Enerwhere Sustainable Energy DMCC
    • 6.3.6 First Solar Inc
    • 6.3.7 Dubai Electricity & Water Authority
    • 6.3.8 ACWA POWER BARKA SAOG
    • 6.3.9 Eskom Holdings SOC Ltd
    • 6.3.10 Saudi Electricity Company
    • 6.3.11 Siemens AG
    • 6.3.12 AGE Technologies JHB (Pty) Limited
    • 6.3.13 General Electric Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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MEA Power Industry Segmentation

The Middle-East and Africa power market report include:

Generation - Source Thermal
Renewable
Hydro
Others
Geogrpahy United Arab Emirates
Saudi Arabia
Egypt
Jordan
Rest of Middle-East and Africa
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MEA Power Market Research FAQs

What is the current Middle-East and Africa Power Market size?

The Middle-East and Africa Power Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Middle-East and Africa Power Market?

JinkoSolar Holding Co Ltd., ACWA POWER BARKA SAOG, Dubai Electricity and Water Authority, Eskom Holdings SOC Ltd and Saudi Electricity Company are the major companies operating in the Middle-East and Africa Power Market.

What years does this Middle-East and Africa Power Market cover?

The report covers the Middle-East and Africa Power Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Middle-East and Africa Power Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

MEA Power Industry Report

Statistics for the 2025 Middle-East and Africa Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Middle-East and Africa Power analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.