Market Size of Sudan Power Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 4.36 gigawatt |
Market Volume (2029) | 4.47 gigawatt |
CAGR (2024 - 2029) | 0.49 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sudan Power Market Analysis
The Sudan Power Market size is estimated at 4.36 gigawatt in 2024, and is expected to reach 4.47 gigawatt by 2029, growing at a CAGR of 0.49% during the forecast period (2024-2029).
The market was negatively impacted by the outbreak of COVID-19. Currently, the market has reached pre-pandemic levels.
- The Sudan government is actively promoting the power sector by increasing electricity access in all parts of the country. Therefore, the demand for grid-connected electricity has been significantly increasingrecentlys and is expected to drive the market during the forecast period.
- However, the lack of power transmission infrastructure and unreliable electricity supply continued to limit private sector developers' investments, hindering the growth of the Sudan power market.
- Sudan announced to build four nuclear power plants by 2030 to fill its energy gap. This is likely to create several opportunities in the Sudan power market soon.