Market Size of Chad Power EPC Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 1.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Chad Power EPC Market Analysis
Chad's power EPC market is expected to register a CAGR of over 1% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.
- Over the medium term, increasing power projects and a rising focus on renewable energy projects in the country are expected to drive the growth of the market.
- On the other hand, low power generation and transmission infrastructure are expected to hamper the growth of the Chadian power EPC market during the forecast period.
- However, increasing investments in renewable energy projects will likely create lucrative growth opportunities for the Chadian power EPC market during the forecast period.