Saudi Arabia Wind Energy Market Growth, Industry Analysis, Trends, and Forecast 2025-2033

Saudi Arabia Wind Energy Market Overview

Market Size in 2024: USD 2.07 Billion

Market Size in 2033: USD 3.74 Billion

Market Growth Rate 2025-2033: 6.80%

According to IMARC Group's latest research publication, "Saudi Arabia Wind Energy Market Size, Share, Trends and Forecast by Component, Rating, Installation, Turbine Type, Application, and Region, 2025-2033", The Saudi Arabia wind energy market size reached USD 2.07 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.74 Billion by 2033, exhibiting a growth rate (CAGR) of 6.80% during 2025-2033.

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How AI is Reshaping the Future of Saudi Arabia Wind Energy Market

• AI-powered predictive maintenance is reducing wind turbine downtime by up to 30%, improving operational efficiency across Saudi Arabia’s diverse wind farms and rugged terrain.
• Machine learning algorithms analyze weather and topographical data, helping identify optimal sites for wind farms in Saudi Arabia’s western and northern regions.
• AI-driven smart grid management balances intermittent wind power with energy demand, maximizing storage efficiency and grid reliability in the expanding renewable energy network.
• Advanced AI weather forecasting improves wind energy production predictions, enabling better grid management and supporting Saudi Arabia’s emission reduction targets.
• Digital twin technology creates real-time virtual models of wind farms, optimizing performance and planning under challenging desert and coastal conditions.

Saudi Arabia Wind Energy Market Trends & Drivers:

Saudi Arabia wind energy market growth is surging, fueled by the government’s aggressive renewable energy goals and substantial investments from major utilities and international players. The Vision 2030 framework has streamlined regulations and spurred over $8 billion in new wind and solar project agreements, including two massive wind farms with a combined capacity of 3,000 MW in Riyadh province. These projects are expected to power hundreds of thousands of homes, and the Yanbu wind deal alone involves a 700 MW plant set at a competitive 6.4 halalas per kWh. Private sector involvement is expanding quickly, with utility giants and global consortia bringing advanced technologies and cost-efficient energy supply to the national grid.

Growing electricity demand and strategic grid diversification are further accelerating wind power adoption. Saudi Power Procurement Company recently signed multiple power purchase agreements for large wind projects targeting critical demand centers like Riyadh and Al-Medina, with a total new wind capacity exceeding 2,000 MW this year. Aside from major installations, small-scale wind turbines and hybrid power pilots in regions such as Tabuk are being tested to supply energy to rural farms and off-grid communities. These distributed solutions support local development, giving isolated areas affordable access to green power while reducing carbon emissions and helping the country meet its environmental ambitions.

Job creation and local manufacturing are also becoming increasingly prominent in the wind energy sector. Current government statistics highlight that the Kingdom’s wind resource potential exceeds 200 GW, with regions like Taif and Yadamah demonstrating some of the highest usable wind speeds in the region. Projects under the National Renewable Energy Programme aim to generate over 7,500 direct jobs, with a growing share of turbine production and maintenance handled by Saudi-based companies. This industrial boost not only diversifies Saudi Arabia’s economy but also positions the Kingdom as a rising technology hub for renewable energy innovation, drawing global suppliers and fostering local skills.

Saudi Arabia Wind Energy Industry Segmentation:

The report has segmented the market into the following categories:

Component Insights:

• Turbine
• Support Structure
• Electrical Infrastructure
• Others

Rating Insights:

• ≤ 2 MW
• >2 ≤ 5 MW
• >5 ≤ 8 MW
• >8 ≤ 10 MW
• >10 ≤ 12 MW
• >12 MW

Installation Insights:

• Offshore
• Onshore

Turbine Type Insights:

• Horizontal Axis
• Vertical Axis

Application Insights:

• Utility
• Industrial
• Commercial
• Residential

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 Energy Market

• September 2025: Saudi Utilities implement AI-driven predictive maintenance, reducing turbine downtime by 30%, boosting overall wind farm productivity and operational reliability.
• July 2025: Saudi Yanbu Wind Project signs a $458 million power deal, advancing 700 MW capacity with cutting-edge turbine technology for enhanced efficiency.
• February 2025: National Renewable Energy Program expands local manufacturing of wind turbine components, creating over 7,500 direct jobs and strengthening Saudi Arabia’s energy sector.

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