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Middle East and Africa Power Generation Construction Market Analysis By Segment, Key Players and Applications 2022

Middle East and Africa Power Generation Construction Industry Business & Investment Opportunity (2018 – 2022) Market Research Reports

PUNE , INDIA, February 28, 2018 /EINPresswire.com/ -- Synopsis
The Middle East and Africa region combines countries with developed affluent economies and those mainly based in Africa developing at a faster rate. The large oil-producing countries of the Gulf Cooperation Council (GCC) are moving towards less dependency on oil, with significant investment in renewable power sources – particularly solar energy. Demand for energy is expected to rise throughout the region, in line with the growing population. The need to provide a reliable connection to electricity is a major issue in many African countries, where power outages are frequent.

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This report provides detailed analysis, information and insights based on 810 CIC projects in the Middle East and Africa, including detailed metrics on the region's power generation construction projects (as tracked by CIC) split by country and value and by ten types of project including nuclear, fossil fuels and renewable sources such as solar, biomass and wind. Country profiles are provided for the top 10 countries including Nigeria, Egypt and South Africa.

Summary
Construction Intelligence Center (CIC) is currently tracking power generation construction projects in the Middle East and Africa with a total value of US$906.2 billion. Of this, US$370.6 billion is in the planning stage. Nigeria accounts for the highest value with US$127.1 billion, followed by Egypt with projects valuing US$99.9 billion. South Africa and the UAE follow with power generation projects with a value of US$95.2 billion and US$54.1 billion respectively. The Middle East and Africa's highest project investment is in gas power with a value of US$201.8 billion followed by solar power with a value of US$192.7 billion. The largest projects currently in the pipeline are the US$30.0 billion El Dabaa Nuclear Power Plant in Egypt and the US$30.0 billion Solar Power Development in Nigeria.

Scope
The report provides analysis based on CIC projects showing total project values for the Middle East and Africa and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and type of power generation construction. Values by ten types of project power categories are given including nuclear, wind, coal and biomass. Power generation capacity (MW) analysis is also provided. Ranked listings of the key operators for the sector are also provided showing the leading contractors, consulting engineers and project owners.

Reasons to Buy
• Gain insight and see forecasts for the power generation construction sector.

• Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.

• Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.

Key Highlights
• The highest value of projects are at the planning stage, with US$370.7 billion, followed by projects at the execution stage with US$288.3 billion.

• Projects in the pre-execution stage amount to US$136.8 billion, while projects in the pre-planning stage account for US$110.4 billion.

• Gas power generation projects lead in the region followed by solar power.

• Nigeria has the highest investment in gas and solar power projects and the highest value of power generation projects in the region with US$127.1 billion.

• Gas power projects have the highest value in execution however solar power projects have the highest value at the planning stage.

• Joint public and private investment is responsible for funding the highest proportion of projects, with 36%, with public funding at 34% and private funding with 30%.

• Assuming all projects tracked go ahead as planned, annual spending on the projects would reach US$188.6 billion in 2019.

• The top contractor in the region is Hyundai Engineering & Construction Co Ltd based in South Korea and Acciona SA based in Spain.

Table of Content: Key Points
1. Regional Overview
2. Sector Analytics
2.1. Gas
2.2. Solar
2.3. Nuclear
2.4. Hydroelectric
2.5. Coal
2.6. Wind
3. Key Operators
4. Project Analytics by Country
4.1. Nigeria
4.2. Egypt
4.3. South Africa
4.4. The UAE
4.5. Saudi Arabia
4.6. Iran
4.7. Ethiopia
4.8. Qatar
4.9. Kuwait
4.10. Kenya
5. Methodology
…Continued

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Norah Trent
wiseguyreports
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