Philippines Power Generation EPC Market - Growth, Trends and Forecasts (2020 - 2025)

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Philippines power generation EPC market is expected to reach $XX billion in 2020 from $ billion in 2014. It is estimated that the market would grow at a CAGR of XX percent during this period.

The Philippines power generation market is subdivided into the Luzon, Visayas and Mindanao power grids, each with distinct power supply to support the regional demand. The Luzon and the Visayas grids are interconnected; any excess in one grid can be exported to cover for any power deficiency in the other. The Mindanao grid however, remains isolated and stands alone.

The power industry has progressed significantly in terms of transitioning from a monopoly, which is government-controlled, all the way to public- private sector competition. In 2006, the playing field was clearly dominated by NPC, accounting for 82% or 12,491 MW of the total installed capacity. But by 2011, it has improved significantly with 9 new private players, both foreign and local governments namely AES, a big American power company, KEPCO, and Tepco Marubeni.

This report comprehensively analyzes the Philippines Power Generation EPC market by segmenting it based on type of projects, and EPC Market Players. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players.

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