1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy Market Trends
  5. > Saudi Arabia Solar Power Market Forecast and Opportunities, 2020

Saudi Arabia Solar Power Market Forecast and Opportunities, 2020

  • April 2015
  • -
  • TechSci Research
  • -
  • 97 pages

Summary

Table of Contents

Saudi Arabia consumes a large amount of fossil fuels to meet its domestic energy requirements, with transportation and power sectors being the largest consumers of crude oil in the country. Over the couple of decades, consumption of crude oil in Saudi Arabia has increased significantly due to rising power demand on account of increasing urbanization and industrialization. However, considering future energy requirements and concerns associated with increasing domestic oil consumption, Government of Saudi Arabia has announced a Renewable Energy Program involving an overall investment of USD109 billion to generate electricity from renewable energy sources. Being located within the equatorial Sunbelt and receiving abundant solar radiation throughout the year, Saudi Arabia offers immense potential for solar power generation.

According to “Saudi Arabia Solar Power Market Forecast & Opportunities, 2020”, solar power market in Saudi Arabia isprojected to witness phenomenal growth over the next five years. In the coming years, solar energy would be generated in the country by employing both photovoltaic (PV) technology and concentrated solar power (CSP) technology. According to the government’s Renewable Energy Program, 54 GW of renewable energy capacity would be installed by 2032, which includes 41 GW of solar energy capacity. “Saudi Arabia Solar Power Market Forecast & Opportunities, 2020” report elaborates following particulars about the solar power market in Saudi Arabia:

- Saudi Arabia Solar Power Market Size, Share & Forecast
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

- To gain an in-depth understanding of solar power market in Saudi Arabia.
- To identify on-going trends and anticipated growth in the coming years.
- To help industry consultants, solar energy producers, vendors and dealers to align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included surveys with key stakeholders associated with solar power industry. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Concentrating Solar Power Market by Technology, Components, End-User, and Region - Global Forecast to 2021

Concentrating Solar Power Market by Technology, Components, End-User, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021” The concentrating solar power market is projected to reach USD 10.96 billion by 2021, growing at a ...

Solar Tracker Market Trend Analysis By Technology (Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV)), By Product (Single Axis, Dual Axis), By Application (Utility, Non-utility), And Segment Forecasts, 2014 - 2025

Solar Tracker Market Trend Analysis By Technology (Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV)), By Product (Single Axis, Dual Axis), By Application (Utility, Non-utility), And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • December 2016
  • by Grand View Research

The global solar tracker market is expected to reach 26.77 GW installed capacity by 2025, according to a new report by Grand View Research, Inc. Rising demand for renewable energy in developing countries ...

Global Smart Solar Power Market Analysis 2016 - Forecast to 2022

Global Smart Solar Power Market Analysis 2016 - Forecast to 2022

  • $ 4550
  • Industry report
  • February 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.