Market Size of Egypt Power EPC Industry
| Study Period | 2021 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2021 - 2022 |
| CAGR | > 2.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Egypt Power EPC Market Analysis
The Egypt Power EPC market is expected to grow at a CAGR of more than 2.5% during the forecast period.
COVID-19 negatively impacted the market in 2020. Presently the market has reached pre-pandemic levels.
- Over the long term, the increasing investments in the expansion and modernization of the transmission and distribution segment are expected to drive the market during the forecast period.
- On the other hand, the lack of domestic investment and investors in the concerned sector is expected to restrain the Egypt Power EPC Market during the forecast period.
- Nevertheless, the exploitation of novel renewable energy technologies, such as power generation from marine and tidal energy, remains a significant growth opportunity for the market beyond the forecast period.
