Equatorial Guinea Power EPC Market

Equatorial Guinea Power EPC Market by Power Generation (Thermal Power, Hydro Power, and Other Powers), Transmissions & Distributions, and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-2136
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 178
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The Equatorial Guinea power EPC market size is anticipated to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing investment in the power generation sector.

Equatorial Guinea Power EPC Market summary

EPC Power is a power conversion system (PCS) supplier that combines engineering precision with industrial strength to build a compact high-power conversion system suitable for various applications. The single contractor takes up the responsibility of designing, procuring, installation, and commissioning of the project. The process includes undertaking complex infrastructure projects by a private company.

The power is transmitted from the power plant in a large movement at a high-power voltage level to a sub-base. Although the power is distributed at the ground level, high-voltage electricity can be distributed to the industrial customers on lower voltage conversion.

Market Trends, Drivers, Restraints, and Opportunities

  • Rapid industrialization and commercialization is expected to propel the growth of the market.
  • Technology advancements in digital solutions and renewable energy are anticipated to drive the market growth during the forecast period.
  • Industrial consumer seeking better standards and lower prices is one of the major drivers that is contributing to the growth of the market.
  • Slow processing of power EPC projects can hinder the market growth.
  • The COVID-19 pandemic had resulted in the supply chain disruption, which led to the delay in the supply of raw materials and components. However, the relaxation in restrictions due to acceleration in vaccination drive is propelling the market growth.
  • Growing environmental concerns regarding pollution emitted through fossil-powered plants is estimated to proliferate the growth of the market in the projected timeline.
  • Rising renewable projects that are less dependent on fossil fuels can create lucrative opportunity for energy market participants.

Scope of the Report

The report on the Equatorial Guinea Power EPC market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Equatorial Guinea Power EPC Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Power Generation (Thermal Power, Hydro Power, and Other Powers) and Transmission & Distribution

Geography Zone

Equatorial Guinea

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Power Construction Corporation of China; Wärtsilä Oyj Abp; and Duglas Alliance Ltd.

Equatorial Guinea Power EPC Market Segment Insights

Hydro power segment is expected to grow at a robust rate

Based on power generation, the market is divided into thermal power, hydro power, and other powers. The hydro power segment is expected to grow at a rapid pace during the forecast period owing to limitless availability of power generated from the flow of water. Moreover, the plan for expansion and installing with heavy focus on the hydro projects is expected to drive the market growth. The market in Equatorial Guinea is expected to grow at a healthy rate during the projected period owing to support of Ministry of Hydrocarbons with the intention to boost the upcoming development projects.

The thermal power segment is anticipated to hold a major share of the market in the projected timeline as the country’s major power generation depends on thermal power plant.

Transmission & distribution segment is projected to expand at a healthy CAGR

The transmission & distribution segment is expected to account for a considerable CAGR during the forecast period owing to technology advancements, which improves the distribution capacity. On the other hand, the transmission congestion can create market impede, which in turn, can create opportunities for the development of new transmission systems. Furthermore, increasing government spending on replacing or revamping the old transmission systems can fuel the growth of the market segment.
 

Segments

Segments Covered in the Report
The Equatorial Guinea power EPC market has been segmented on the basis of
Power Generation

  • Thermal Powers
  • Hydro Powers
  • Other Powers

Transmission & Distribution
Country

  • Equatorial Guinea

Key Players

  • Power Construction Corporation of China
  • Wärtsilä Oyj Abp
  • Duglas Alliance Ltd.

 

Competitive Landscape

Key players competing in the Equatorial Guinea power EPC market are Power Construction Corporation of China; Wärtsilä Oyj Abp; and Duglas Alliance Ltd.

Companies are engaging in partnerships and collaborations with government and private organizations to expand their market share.

In June2020, Sendje hydroelectric power plant project received €122 million (approximately USD 143 million) to build 200 MW plant. This was under an effort to increase the country’s electricity capacity to reach 590 MW.

In October 2018, Wärtsilä Oyj Abp, a global manufacturer and power provider, was awarded to build 38-megawatts (MW) power plant, sponsored by Ministry of Hydrocarbons.

Equatorial Guinea Power EPC Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Power EPC Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Power EPC Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Power EPC Market - Supply Chain
  4.5. Global Power EPC Market Forecast
     4.5.1. Power EPC Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Power EPC Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Power EPC Market Absolute $ Opportunity
5. Global Power EPC Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Power EPC Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Power EPC Demand Share Forecast, 2019-2026
6. North America Power EPC Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Power EPC Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Power EPC Demand Share Forecast, 2019-2026
7. Latin America Power EPC Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Power EPC Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Power EPC Demand Share Forecast, 2019-2026
8. Europe Power EPC Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Power EPC Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Power EPC Demand Share Forecast, 2019-2026
9. Asia Pacific Power EPC Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Power EPC Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Power EPC Demand Share Forecast, 2019-2026
10. Middle East & Africa Power EPC Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Power EPC Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Power EPC Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Power EPC Market: Market Share Analysis
  11.2. Power EPC Distributors and Customers
  11.3. Power EPC Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Power Construction Corporation of China
     11.4.2. Wärtsilä Oyj Abp
     11.4.3. Duglas Alliance Ltd.

Segments Covered in the Report
The Equatorial Guinea power EPC market has been segmented on the basis of
Power Generation

  • Thermal Powers
  • Hydro Powers
  • Other Powers

Transmission & Distribution
Country

  • Equatorial Guinea

Key Players

  • Power Construction Corporation of China
  • Wärtsilä Oyj Abp
  • Duglas Alliance Ltd.

 

Key players competing in the Equatorial Guinea power EPC market are Power Construction Corporation of China; Wärtsilä Oyj Abp; and Duglas Alliance Ltd.

Companies are engaging in partnerships and collaborations with government and private organizations to expand their market share.

In June2020, Sendje hydroelectric power plant project received €122 million (approximately USD 143 million) to build 200 MW plant. This was under an effort to increase the country’s electricity capacity to reach 590 MW.

In October 2018, Wärtsilä Oyj Abp, a global manufacturer and power provider, was awarded to build 38-megawatts (MW) power plant, sponsored by Ministry of Hydrocarbons.

Equatorial Guinea Power EPC Market keyplayers

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