Market Size of Tunisia Renewable Energy Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Tunisia Renewable Energy Market Analysis
The Tunisia renewable energy market is projected to register a CAGR of more than 3% during the forecast period.
- Over the medium term, factors such as supportive government policies and increasing adoption of renewable energy with the declining price of solar panels and wind turbine installations are expected to drive the market in the forecast period.
- On the other hand, the rising adoption of alternate clean power sources, such as gas-fired power plants and nuclear energy projects, is likely to restrain the market growth.
- Nevertheless, the technological advancements in solar PV manufacturing and government policies toward a greener environment will likely provide huge opportunities for the market studied.
