Power EPC Market in India 2022-2026

Power EPC Market in India 2022-2026

Technavio has been monitoring the power EPC market in India and it is poised to grow by $ 13.30 bn during 2022-2026, progressing at a CAGR of 22.74% during the forecast period. Our report on the power EPC market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing investments in renewable energy and favorable government regulations. In addition, increasing investments in renewable energy is anticipated to boost the growth of the market as well.

The power EPC market in India analysis includes end-user and application segments.

Technavio's power EPC market in India is segmented as below:

By End-user

  • Private
  • Government
By Application
  • Non-renewable
  • Renewable
This study identifies the increasing demand for constant energy supplyas one of the prime reasons driving the power EPC market growth in India during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on power EPC market in India covers the following areas:
  • Power EPC market sizing
  • Power EPC market forecast
  • Power EPC market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power EPC market vendors in India that include Bajaj Electricals Ltd., Bharat Heavy Electricals Ltd., Doosan Corp., Hindustan Construction Co. Ltd., Intec Energy Solutions, IVRCL, Larsen and Toubro Ltd., Sterlite Power Transmission Ltd., Tata Sons Pvt. Ltd., and UPCEM Engineering and Consultancy Pvt Ltd. Also, the power EPC market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Construction and engineering
      • Inputs
      • Inbound logistics
      • Operations
      • Marketing and sales
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Power EPC market in India - Market size and forecast 2021 - 2026 ($ million)
        • Table Power EPC market in India: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by Application
    • Market segments
      • Table Application - Market share 2021-2026 (%)
    • Comparison by Application
      • Table Comparison by Application
    • Non-renewable - Market size and forecast 2021-2026
      • Table Non-renewable - Market size and forecast 2021-2026 ($ million)
      • Table Non-renewable - Year-over-year growth 2021-2026 (%)
    • Renewable - Market size and forecast 2021-2026
      • Table Renewable - Market size and forecast 2021-2026 ($ million)
      • Table Renewable - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2021-2026 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Private - Market size and forecast 2021-2026
      • Table Private - Market size and forecast 2021-2026 ($ million)
      • Table Private - Year-over-year growth 2021-2026 (%)
    • Government - Market size and forecast 2021-2026
      • Table Government - Market size and forecast 2021-2026 ($ million)
      • Table Government - Year-over-year growth 2021-2026 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer Landscape
    • Table Customer landscape
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing investments in renewable energy
      • Favorable government regulations
    • Market challenges
      • Decline in crude oil prices
      • Intermittent nature of renewable sources of energy
        • Table Impact of drivers and challenges
    • Market trends
      • Development of smart cities
      • Rise of Industry 4.0
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bajaj Electricals Ltd.
      • Table Bajaj Electricals Ltd. - Overview
      • Table Bajaj Electricals Ltd. - Business segments
      • Table Bajaj Electricals Ltd. - Key offerings
      • Table Bajaj Electricals Ltd. - Segment focus
    • Bharat Heavy Electricals Ltd.
      • Table Bharat Heavy Electricals Ltd. - Overview
      • Table Bharat Heavy Electricals Ltd. - Business segments
      • Table Bharat Heavy Electricals Ltd. - Key offerings
      • Table Bharat Heavy Electricals Ltd. - Segment focus
    • Doosan Corp.
      • Table Doosan Corp. - Overview
      • Table Doosan Corp. - Business segments
      • Table Doosan Corp. - Key offerings
      • Table Doosan Corp. - Segment focus
    • Hindustan Construction Co. Ltd.
      • Table Hindustan Construction Co. Ltd. - Overview
      • Table Hindustan Construction Co. Ltd. - Business segments
      • Table Hindustan Construction Co. Ltd. - Key offerings
      • Table Hindustan Construction Co. Ltd. - Segment focus
    • Intec Energy Solutions
      • Table Intec Energy Solutions - Overview
      • Table Intec Energy Solutions - Product and service
      • Table Intec Energy Solutions - Key offerings
    • IVRCL
      • Table IVRCL - Overview
      • Table IVRCL - Product and service
      • Table IVRCL - Key offerings
    • Larsen and Toubro Ltd.
      • Table Larsen and Toubro Ltd. - Overview
      • Table Larsen and Toubro Ltd. - Business segments
      • Table Larsen and Toubro Ltd. - Key offerings
      • Table Larsen and Toubro Ltd. - Segment focus
    • Sterlite Power Transmission Ltd.
      • Table Sterlite Power Transmission Ltd. - Overview
      • Table Sterlite Power Transmission Ltd. - Business segments
      • Table Sterlite Power Transmission Ltd. - Key News
      • Table Sterlite Power Transmission Ltd. - Key offerings
      • Table Sterlite Power Transmission Ltd. - Segment focus
    • Tata Sons Pvt. Ltd.
      • Table Tata Sons Pvt. Ltd. - Overview
      • Table Tata Sons Pvt. Ltd. - Business segments
      • Table Tata Sons Pvt. Ltd. - Key offerings
      • Table Tata Sons Pvt. Ltd. - Segment focus
    • UPCEM Engineering and Consultancy Pvt Ltd
      • Table UPCEM Engineering and Consultancy Pvt Ltd - Overview
      • Table UPCEM Engineering and Consultancy Pvt Ltd - Product and service
      • Table UPCEM Engineering and Consultancy Pvt Ltd - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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