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Saudi Arabia Wind Power Market Report 2025 | Growth, Size, and Trends by 2033
Saudi Arabia Wind Power Market Overview
Market Size in 2024: USD 873.45 Million
Market Size in 2033: USD 1,369.48 Million
Market Growth Rate 2025-2033: 4.60%
According to IMARC Group's latest research publication, "Saudi Arabia Wind Power Market Size, Share, Trends and Forecast by Location and Region, 2025-2033", The Saudi Arabia wind power market size reached USD 873.45 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,369.48 Million by 2033, exhibiting a growth rate (CAGR) of 4.60% during 2025-2033.
How AI is Reshaping the Future of Saudi Arabia Wind Power Market
- AI improves energy demand predictions in Saudi Arabia by analyzing real-time data, helping balance supply and reduce waste, especially during extreme weather spikes in wind energy generation.
- The collaboration between Saudi’s Ministry of Energy and the Saudi Data and AI Authority integrates AI to enhance wind farm efficiency and optimize power output across the grid.
- AI-driven predictive maintenance cuts downtime and operational costs by spotting equipment issues early, boosting wind farm reliability and prolonging turbine life in Saudi Arabia’s growing market.
- Massive investments of over $8 billion in renewable projects include AI-powered smart grids that optimize energy distribution and integrate intermittent wind power seamlessly.
- Saudi Aramco’s AI applications optimize energy consumption and emissions reduction, showcasing how oil giants are leveraging AI to support renewable wind energy alongside fossil fuels.
Download a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-wind-power-market/requestsample
Saudi Arabia Wind Power Market Trends & Drivers:
One major factor driving the Saudi Arabia wind power market is the country's strong push for energy diversification. Under Vision 2030, Saudi Arabia is vigorously reducing its reliance on fossil fuels by expanding renewable energy sources, positioning wind power as a key complement to solar energy. Government-backed programs like the National Renewable Energy Program (NREP) are fostering a structured procurement framework with transparent tariffs and power purchase agreements. These policies, along with modernizing the grid's infrastructure to better integrate wind energy, have boosted investor confidence markedly. These initiatives are shaping a more resilient and sustainable energy landscape, particularly in high-potential areas like Al-Jouf and the Red Sea coast, accelerating wind power adoption.
Another driver is the surge in large-scale project investments and partnerships among prominent companies. In 2025, a consortium led by ACWA Power committed $8.3 billion to develop seven significant renewable energy projects totaling 15 GW, of which 3 GW is dedicated to wind power through the Starah and Shaqra projects in the Riyadh region. This wave of private sector involvement, backed by the Public Investment Fund and Saudi Aramco Power, reflects robust confidence in wind energy’s commercial viability. Such massive capital flow combined with the National Renewable Energy Program’s support ensures an accelerated capacity addition pipeline and a boost in market momentum.
Emerging trends include technological advancements and strategic collaborations aimed at scaling up wind power through innovation and efficient execution. Enhanced manufacturing capabilities locally and international partnerships are improving feasibility by reducing costs and streamlining deployment. The focus on offshore wind farms is also gaining traction, with private investments and evolving regulatory frameworks enabling higher-capacity projects. Saudi authorities’ efforts to match tariffs through competitive tenders and direct negotiation schemes are creating a favorable investment climate. Furthermore, initiatives like the Saudi Power Procurement Company’s structured tenders and utility infrastructure modernization help seamlessly integrate wind energy into the national grid, showing a market that’s technologically and institutionally maturing.
Saudi Arabia Wind Power Industry Segmentation:
The report has segmented the market into the following categories:
Location Insights:
- Onshore
- Offshore
Regional Insights:
- Northern and Central Region
- Western Region
- Eastern Region
- Southern Region
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Recent News and Developments in Saudi Arabia Wind Power Market
- August 2025: Saudi Arabia's Ministry of Energy launches comprehensive wind resource mapping project utilizing artificial intelligence and cutting-edge data collection technologies to rank sites for optimal renewable energy project development nationwide.
- July 2025: NEOM megacity announces integration of advanced offshore wind farms with 2 GW capacity, featuring next-generation turbine technology and smart grid connectivity to power the futuristic urban development project.
- June 2025: Saudi Arabia's Public Investment Fund (PIF) commits USD 5 billion investment in domestic wind energy projects, focusing on hybrid renewable systems combining wind, solar, and battery storage technologies.
Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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by marketreport on 2025-11-21 05:08:47
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