전력 EPC 시장 : 발전 유형별, 서비스별, 설비별, 지역별

Power EPC Market is estimated to be valued at USD 732.23 Bn in 2025 and is expected to reach USD 1,130.41 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.4% from 2025 to 2032.

The global power EPC market has witnessed significant growth in recent years, driven by the increasing demand for energy infrastructure development worldwide. Power Engineering, Procurement, and Construction (EPC) refers to the process of designing, procuring, and constructing power generation facilities, including thermal power plants, hydroelectric plants, nuclear power plants, and renewable energy projects. The power EPC market encompasses a wide range of services, from feasibility studies and design to procurement, construction, commissioning, and maintenance. With the growing emphasis on sustainable energy solutions and the need to meet rising energy demands, the power EPC market is poised for substantial growth in the coming years. This blog aims to provide an overview of the global power EPC market, its key drivers, challenges, and future prospects.

Market Dynamic:

The global power EPC market is influenced by several factors that drive its growth, present challenges, and offer opportunities for industry players. One of the primary drivers is the increasing demand for electricity, fueled by population growth, urbanization, and industrialization in emerging economies. Governments worldwide are investing in power infrastructure development to meet this growing demand, creating a conducive environment for power EPC projects. Additionally, the shift towards renewable energy sources, such as solar, wind, and hydropower, is driving the demand for EPC services in the clean energy sector. However, the market also faces restraints, such as the high capital costs associated with power projects, regulatory complexities, and geopolitical uncertainties. These factors can impact project timelines, budgets, and overall market growth. Moreover, the power EPC market is highly competitive, with numerous players vying for projects, leading to pricing pressures and margin compression. Despite these challenges, the market presents significant opportunities for companies that can offer innovative solutions, leverage digital technologies, and adapt to the changing energy landscape. The increasing focus on smart grids, energy storage, and distributed energy resources opens up new avenues for power EPC players to expand their services and tap into emerging market segments.

Key Features of the Study:

• This report provides in-depth analysis of the global power EPC market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global power EPC market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Siemens AG, General Electric, Fluor Corporation, Bechtel Corporation, McDermott International, ABB Ltd., Kiewit Corporation, Black & Veatch, Jacobs Engineering Group, Samsung C&T Corporation, Larsen & Toubro, Power Construction Corporation of China, Toshiba Corporation, Babcock & Wilcox, and Chiyoda Corporation
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global power EPC market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global power EPC market

Market Segmentation

• Type of Power Generation Insights (Revenue, USD Bn, 2020 - 2032)
  • Thermal Power
  • Renewable Energy (Solar, Wind, Hydro)
  • Nuclear Power
  • Others
• Service Insights (Revenue, USD Bn, 2020 - 2032)
  • Engineering
  • Procurement
  • Construction
  • Commissioning
• Equipment Insights (Revenue, USD Bn, 2020 - 2032)
  • Steam Turbines
  • Gas Turbines
  • Boilers
  • Control Systems
  • Generators
  • Others
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
• Key Players Insights
  • Siemens AG
  • General Electric
  • Fluor Corporation
  • Bechtel Corporation
  • McDermott International
  • ABB Ltd.
  • Kiewit Corporation
  • Black & Veatch
  • Jacobs Engineering Group
  • Samsung C&T Corporation
  • Larsen & Toubro
  • Power Construction Corporation of China
  • Toshiba Corporation
  • Babcock & Wilcox
  • Chiyoda Corporation

Table of Contents

1. Research Objectives and Assumptions

• Research Objectives
• Assumptions
• Abbreviations

2. Market Purview

• Report Description
  • Market Definition and Scope
• Executive Summary
  • Global Power EPC Market, By Type of Power Generation
  • Global Power EPC Market, By Service
  • Global Power EPC Market, By Equipment
  • Global Power EPC Market, By Region

3. Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
• Impact Analysis
• Key Highlights
• Regulatory Scenario
• Product Launches/Approvals
• PEST Analysis
• PORTER's Analysis
• Market Opportunities
• Regulatory Scenario
• Key Developments
• Industry Trends

4. Global Power EPC Market, By Type of Power Generation, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2025 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Thermal Power
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Renewable Energy (Solar, Wind, Hydro)
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Nuclear Power
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

5. Global Power EPC Market, By Service, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2025 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Engineering
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Procurement
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Construction
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Commissioning
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

6. Global Power EPC Market, By Equipment, 2020-2032, (USD Bn)

• Introduction
  • Market Share Analysis, 2025 and 2032 (%)
  • Y-o-Y Growth Analysis, 2021 - 2032
  • Segment Trends
• Steam Turbines
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Gas Turbines
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Boilers
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Control Systems
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Generators
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
• Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)

7. Global Power EPC Market, By Region, 2020 - 2032, Value (USD Bn)

• Introduction
  • Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
  • Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
  • Regional Trends
• North America
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • U.S.
    • Canada
• Latin America
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
• Europe
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
• Asia Pacific
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
• Middle East
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
    • GCC Countries
    • Israel
    • Rest of Middle East
• Africa
  • Introduction
  • Market Size and Forecast, By Type of Power Generation, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Service, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Equipment, 2020 - 2032, Value (USD Bn)
  • Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
    • South Africa
    • North Africa
    • Central Africa

8. Competitive Landscape

• Siemens AG
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• General Electric
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Fluor Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Bechtel Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• McDermott International
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• ABB Ltd.
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Kiewit Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Black & Veatch
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Jacobs Engineering Group
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Samsung C&T Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Larsen & Toubro
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Power Construction Corporation of China
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Toshiba Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Babcock & Wilcox
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies
• Chiyoda Corporation
  • Company Highlights
  • Product Portfolio
  • Key Developments
  • Financial Performance
  • Strategies

9. Analyst Recommendations

• Wheel of Fortune
• Analyst View
• Coherent Opportunity Map

10. References and Research Methodology

• References
• Research Methodology
• About us