Egypt Power EPC Market Size, Industry & Opportunities [2030]

Segments - Egypt Power EPC Market by Generation - Sources (Hydro, Non-Hydro Renewable, and Conventional Thermal) and Transmissions & Distribution - Egypt Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Swapnil Hedau

Report Description

The Egypt power EPC market size is expected to register a CAGR of more than 2% during the forecast period, 2021–2028. The growth of the market is attributed to the rising energy consumption and government projects to close the country's energy deficit during the forecast period.

EPC stands for Engineering, Procurement, and Construction in the construction business, and typically refers to projects such as tank terminals. It's a common term for a certain type of project execution and contract design. The core to this strategy is that one organization, the contractor, handles practically all parts of the project and serves as the owner's single point of contact and accountability.

As a consequence of huge developments in the business and technical areas of Egypt power EPC market, the utilization of EPC contracts in the power generating sector has been steadily evolving over the last several years. EPC contracts are used in almost all power production projects.

All projects must be completed on time; nevertheless, the market still suffers from intrinsic delays due to a variety of factors, particularly for larger, more complicated projects that are delayed due to land acquisition challenges or environmental clearance concerns. Rising environmental concern, there has been increased worry over the use of coal (thermal) as a power source because it emits a significant quantity of carbon dioxide, which causes greenhouse effects. Thermal power generating also needs a large volume of water, which limits its utilization. Renewable energy generating sources are gaining prefer as EPC contracts since they are environmentally friendly and do not degrade natural resources.

Market Trends, Drivers, Restraints, and Opportunities

Growing ongoing and new projects to meet the country's energy deficit are estimated to propel the market expansion during the forecast period.
Lack of domestic investment and investors in the concerned industry is anticipated to hamper the market growth.
Egypt has set a target to attain 15% and 35% renewable energy by 2021 and 2030 is expected to create significant opportunities for the market players.

Scope of Power EPC Market Report

The report on the Egypt 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	Egypt Power EPC Market – Egypt Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	By Generation - Sources (Hydro, Non-Hydro Renewable, and Conventional Thermal), and Transmission & Distribution
Country	Egypt
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	SolarizEgypt; Siemens AG; Powerserv – Power Plants Services Company S.A.E.; PGESCo; Mitsubishi Corp (Mitsubishi Hitachi Power Systems); General Electric Company; Engie SA; ElSewedy Electric Co; EGYPTROL- Egypt Engineering Services, S.A.E.; Egyptian Projects Operation and; Maintenance (EPROM); Cairo Solar; and AMEA Power LLC

Egypt Power EPC Market Segment Insights

Conventional thermal segment is projected to account for a key market share

Based on generation - sources, the Egypt power EPC market is divided into hydro, non-hydro renewable, and conventional thermal. The conventional thermal segment is expected to hold a key share of the market during the forecast period owing to its extremely substantial energy producing capacity in the country. Conventional thermal power comes from various sources, including coal, natural gas, oil, and nuclear power. In Egypt, conventional thermal power, which consists only of natural gas and coal, generated about 90% of the electricity.

Egypt Power EPC Market Generation Sources

Segments

The Egypt power EPC market has been segmented on the basis of

By Generation – Sources

Hydro
Non-Hydro Renewable
Conventional Thermal

Key Players

SolarizEgypt
Siemens AG
Powerserv – Power Plants Services Company S.A.E.
PGESCo
Mitsubishi Corp (Mitsubishi Hitachi Power Systems)
General Electric Company
Engie SA
ElSewedy Electric Co
EGYPTROL- Egypt Engineering Services, S.A.E.
Egyptian Projects Operation and Maintenance (EPROM)
Cairo Solar
AMEA Power LLC

Competitive Landscape

Key players competing in the Egypt power EPC market are SolarizEgypt; Siemens AG; Powerserv – Power Plants Services Company S.A.E.; PGESCo; Mitsubishi Corp (Mitsubishi Hitachi Power Systems); General Electric Company; Engie SA; ElSewedy Electric Co; EGYPTROL- Egypt Engineering Services, S.A.E.; Egyptian Projects Operation and; Maintenance (EPROM); Cairo Solar; and AMEA Power LLC. Some of these players are adopting several market strategies such as acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.

Egypt power EPC Market Key Players

Table Of Content

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 (000â€™ 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. SolarizEgypt
     11.4.2. Siemens AG
     11.4.3. Powerserv – Power Plants Services Company S.A.E.
     11.4.4. PGESCo
     11.4.5. Mitsubishi Corp (Mitsubishi Hitachi Power Systems)
     11.4.6. General Electric Company
     11.4.7. Engie SA
     11.4.8. ElSewedy Electric Co
     11.4.9. EGYPTROL- Egypt Engineering Services, S.A.E.
     11.4.10. Egyptian Projects Operation and Maintenance (EPROM)
     11.4.11. Cairo Solar
     11.4.12. AMEA Power LLC