Thailand Power Epc Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Thailand EPC power market is expected to grow at a CAGR of more than 3% in the forecast period of 2020-2025. Factors such as increasing population and power consumption are resulting in the growth of the power market. With growing power demand, projects that are under construction and in the planning stage are expected to drive the market significantly. However, factors such as COVID-19 outbreak has caused supply chain disruptions and is expected to delay some EPC projects in the power sector. This, in turn, is expected to retrain the market studied.
Key HighlightsThe Thailand power EPC market is moderately consolidated. Some of the major companies include Mitsubishi Hitachi Power Systems, Ltd, Marubeni Corporation, General Electric Company, Poyry PLC, Black & Veatch Corporation, and others.
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