The market report by GMI Research offers a comprehensive breakdown of industry status and outlook of the country based on key players and market segments. The market report also studies the market competition landscape, market drivers, and trends, opportunities and challenges, risks and barriers, and other aspects of the market.

Saudi Arabia Wind Power Market Summary:

The major factor contributing to the growth of the Saudi Arabia Wind Power market size is the growing emphasis of government towards meeting its renewable energy objectives under the Saudi Vision 2030 program. Moreover, the country is also aiming to decrease its dependence on fossil fuels and produce electricity through renewable resources such as wind power and solar energy. Saudi Arabia is focusing on generating power using wind turbines to endure lower operational costs as compared to auxiliary power generation technologies. By 2030, the government aims to meet the wind power capacity target, which is set at 16 GW. The growing number of investments by the government and private players for setting-up wind farms in the country will further surge the market growth. For example, in July 2019, a consortium led by France’s EDF and Abu Dhabi’s Masdar entered into a contract of USD 500 million for developing the country’s first utility-scale wind project, the 400-megawatt Dumat Al Jandal wind farm.

List of The Top Key Players in The Saudi Arabia Wind Power Market:

General Electric.
EDF Renewables
Vestas
Saudi Arabian Saipem Co. Ltd.
Masdar
Abdul Latif Jameel IPR Company Limited.
ACWA Power
Goldwind International Holdings (HK) Ltd.
Scope of The Saudi Arabia Wind Power Market:

Saudi Arabia Wind Power Market is segmented by Application and Location. The detailed segments and sub-segments of the market are explained below:

Segment by Application:

Industrial
Residential
Commercial
Segment by Location:

Offshore
Onshore
About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst uses a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to helping businesses stay ahead of the curve.

Visit us: https://www.gmiresearch.com/report/saudi-arabia-wind-power-market/