Ecuador Power EPC Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Ecuador Power EPC market is segmented by power generation type (thermal, hydro, renewable, and others) and power distribution and transmission. The report offers the market size and forecasts in revenue (USD billion) for all the above segments.

Ecuador Power EPC Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Ecuador Power EPC Market Size

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Ecuador Power EPC Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 2.50 %
Market Concentration Low

Major Players

Ecuador Power EPC Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Ecuador Power EPC Market with other markets in Energy & Power Industry

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Ecuador Power EPC Market Analysis

The Ecuador Power EPC Market is expected to register a CAGR of greater than 2.5% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. Presently the market now reached pre-pandemic levels.

  • Over the medium term, factors such as increasing investment in the power sector and increasing energy consumption are expected to drive the growth of the Ecuador power EPC market during the forecast period.
  • On the other hand, the poor financial situation of the country is likely to restrain Ecuador's power EPC market.
  • Nevertheless, the country is investing in small-scale hydro and solar projects. An increase in renewable projects with decreasing dependence upon fossil fuels is an opportunity for the players in the power EPC market.

Ecuador Power EPC Industry Overview

The Ecuador power EPC market is moderately consolidated. Some of the major key players in this market include (in no particular order) Wärtsilä Oyj Abp, Power Construction Corporation of China, Grupo Techint, SANTOS CMI S.A., and CEYM International EPC company.

Ecuador Power EPC Market Leaders

  1. Power Construction Corporation of China

  2. Grupo Techint, S.A. de C.V.

  3. Wärtsilä Oyj Abp

  4. CEYM International EPC company

  5. SANTOS CMI S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Ecuador Power EPC Market Concentration
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Ecuador Power EPC Market News

  • September 2022: The Ecuadorian government signed an agreement with the Spanish consortium Solarpackteam to construct a substantial photovoltaic project in Manabi Province. The plant can produce 200 MW of electricity which is expandable for an additional 100 to 150 MW.
  • July 2022: Ecuadoran companies announced the replacement of two hydroelectric units and the plant's connection to a nearby substation. Empresa Eléctrica Quito (EEQ) called for new generation units for its 40 MW Cumbayá hydroelectric plant in Ecuador. USD 6.9 million was budgeted for the 609-day contract.

Ecuador Power EPC Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2028
  • 4.3 Installed Power Generation Capacity in GW, till 2022
  • 4.4 Electricity Production in TWh, till 2022
  • 4.5 Recent Trends and Developments
  • 4.6 Government Policies and Regulations
  • 4.7 Market Dynamics
    • 4.7.1 Drivers
    • 4.7.2 Restraints
  • 4.8 Supply Chain Analysis
  • 4.9 PESTLE Analysis

5. MARKET SEGEMENTATION

  • 5.1 Power Generation
    • 5.1.1 Thermal
    • 5.1.2 Hydro
    • 5.1.3 Renewable
    • 5.1.4 Others
  • 5.2 Power Transmission and Distribution

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaboration and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Company Profiles
    • 6.3.1 Wärtsilä Oyj Abp
    • 6.3.2 Power Construction Corporation of China
    • 6.3.3 Grupo Techint, S.A. de C.V.
    • 6.3.4 CEYM International EPC company
    • 6.3.5 SANTOS CMI S.A.
    • 6.3.6 Saipem SpA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Ecuador Power EPC Industry Segmentation

The power EPC market includes engineering, procurement, and commissioning. Engineering and procurement involve the detailed engineering design of a project and procuring all necessary equipment and raw materials. This market also includes revenue generated through EPC services across the power sector, including thermal, hydroelectric, nuclear, and renewables.

The Ecuador Power EPC market is segmented by power generation type (thermal, hydro, renewable, and others) and power distribution and transmission. The report offers the market size and forecasts in revenue (USD billion) for all the above segments.

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Ecuador Power EPC Market Research FAQs

What is the current Ecuador Power EPC Market size?

The Ecuador Power EPC Market is projected to register a CAGR of greater than 2.5% during the forecast period (2025-2030)

Who are the key players in Ecuador Power EPC Market?

Power Construction Corporation of China, Grupo Techint, S.A. de C.V., Wärtsilä Oyj Abp, CEYM International EPC company and SANTOS CMI S.A. are the major companies operating in the Ecuador Power EPC Market.

What years does this Ecuador Power EPC Market cover?

The report covers the Ecuador Power EPC Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Ecuador Power EPC Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Ecuador Power EPC Industry Report

Statistics for the 2025 Ecuador Power EPC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ecuador Power EPC analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.