Sudan Power EPC Market

Sudan Power EPC Market by Sources (Conventional Thermal Power, Hydro-power, Non-hydro Renewable Power, and Others), and Power Transmission & Distribution - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: EP-2201
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 178
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The Sudan power EPC market size is projected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to factors such as growing demand for energy due to the country's growing population.

Sudan Power EPC Market summary

EPC stands for engineer, procurement and construction. The essence of this concept is that the organization, namely a contractor which supports virtually every aspect of the project, and that provides a single point of contact and responsibility for the owner. The use of EPC contracts in the power generation sector has grown steadily in recent years due to the tremendous changes taking place in the industry's business and technology. Countries are very interested in energy supply and are investing heavily in the power generation sector with economic growth and population growth, need for additional power generation continues to grow, and thus the power generation sector has attracted a huge investment.

South Sudan is the largest economy in the region. However, there is an ongoing downtrend in growth. To stimulate the economy and meet the urgent need for infrastructure development, the government has increased its focus on improving the regulatory framework, as well as stimulating infrastructure spending in a priority in the national medium-term development plan for South Sudan.

The total installed renewable energy capacity in the Sudan energy sector was 2,136 megawatts (MW). Renewable sources that contribute to the country's electricity generation include hydropower, biofuels, and solar energy. The growth of renewable energy sources in the country is expected to fulfill both energy demand and clean energy production in the country. The United Nations development program (UNDP), together with the ministry of water resources, irrigation and electricity, launched a project called solar energy for agriculture. This solar-powered water pumping project is part of UNDP's support for the government of Sudan's priority to promote renewable energy in the country.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for electricity from residential and non-residential projects is expected to boost the market during the forecast period.
  • Rapid growth of renewable energy industry owing to launching of ongoing and upcoming power projects by government to meet energy requirement is major factors fueling the market.
  • Increasing industrialization and urbanization is expected to drive the market during forecast period.
  • High investments required for set up of power plants and lack of favorable schemes and incentive for setting up renewable energy sources is anticipated to hamper the market growth.
  • Lack of power infrastructure and unfavorable policies for foreign and domestic investment act as major challenges that can restrict the market growth during the forecast period.
  • R&D investment and technological advancement in digital solutions and renewable energy is projected to offer significant opportunities for the market players.

Scope of the Report

The report on the Sudan 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

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

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Sources (Conventional Thermal Power, Hydro-power, Non-hydro Renewable Power, and Others), and Power Transmission & Distribution

Geography

Sudan

Report Coverage

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

Key Players Covered in the Report

Dal Group; Sudanese Thermal Power Generating Co.; Ram Energy; and Siemens AG

Market Segment Insights

The hydropower segment is projected to represent a major market share

The power EPC market is segregated into sources and power transmission & distribution. The sources segment is further fragmented into hydro-power, conventional thermal power, non-hydro renewable power, and others. The hydropower segment is expected to hold a key share of the market during the forecast period. About 56% of the electricity generated in Sudan was from hydropower. Sudan, 70% of all hydropower plants are located on the Nile River due to power shortages in the country during peak hours, the Sudanese government has planned to increase hydroelectric capacity by 500 megawatt for energy-hungry countries which imports energy from Ethiopia to meet its energy needs. On the other hand, the conventional thermal energy segment is anticipated to expand at a rapid pace during the forecast period owing to low carbon emissions, low operating costs, and over-efficiency of power plants. An estimated combined cycle energy sources continue to be the most used thermal power plants and are expected to have the major share of power plants and power distribution in the world. Automation that also reduces pollution rebuilds old power plants and opens up market opportunities. Growing demand for electricity will force the government to at least double its existing generating capacity during forecast period.

Sudan power transmission company (SETCO) transmits electricity from various domestic and foreign power sources via high voltage transmission lines to Sudan Power Distribution Co., Ltd. and clients, mainly using the latest technology and contributing to the social sphere economic and political development of the country and thanks to greater efficiency and optimal cost, relying on a skilled workforce and motivation to create mutual benefits with suppliers.
 

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. Dal Group
     11.4.2. Sudanese Thermal Power Generating Co.
     11.4.3. Ram Energy
     11.4.4. Siemens AG

Segments Covered in the Report
The Sudan power EPC market has been segmented on the basis of

  • Power Sources
    • Conventional Thermal Power
    • Hydro-power
    • Non-hydro Renewable Power
    • Others
  • Power Transmission & Distribution

Key Players

  • Dal Group
  • Sudanese Thermal Power Generating Co.
  • Ram Energy
  • Siemens AG

 

Key players competing in the power EPC market include Dal Group; Sudanese Thermal Power Generating Co.; Ram Energy; and Siemens AG.

Some of these players are using several market strategies including/ mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Sudan Power EPC Market keyplayers

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