| Product Code: ETC5133126 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of power electronics in Zambia saw significant growth in 2024, with top exporting countries including China, South Africa, Japan, India, and Belgium. The market exhibited a very high concentration level, indicating a competitive landscape dominated by a few key players. The impressive compound annual growth rate (CAGR) of 22.35% from 2020 to 2024 highlights the increasing demand for power electronics in Zambia. Moreover, the remarkable growth rate of 131.38% from 2023 to 2024 underscores the rapid expansion and opportunities in the market for both domestic and international suppliers.

The Power Electronics market in Zambia is projected to grow at a high growth rate of 12.12% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Zambia Power Electronics Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Power Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Power Electronics Market - Industry Life Cycle |
3.4 Zambia Power Electronics Market - Porter's Five Forces |
3.5 Zambia Power Electronics Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.6 Zambia Power Electronics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Zambia Power Electronics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Zambia Power Electronics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Zambia Power Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources |
4.2.2 Growing industrialization and urbanization in Zambia |
4.2.3 Government initiatives to improve energy infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment cost for power electronics technology |
4.3.2 Lack of skilled workforce and expertise in power electronics sector |
4.3.3 Political and economic instability in the region |
5 Zambia Power Electronics Market Trends |
6 Zambia Power Electronics Market Segmentations |
6.1 Zambia Power Electronics Market, By Device Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Power Electronics Market Revenues & Volume, By Power Discrete, 2021-2031F |
6.1.3 Zambia Power Electronics Market Revenues & Volume, By Power Module, 2021-2031F |
6.1.4 Zambia Power Electronics Market Revenues & Volume, By Power IC, 2021-2031F |
6.2 Zambia Power Electronics Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Zambia Power Electronics Market Revenues & Volume, By Silicon Carbide, 2021-2031F |
6.2.3 Zambia Power Electronics Market Revenues & Volume, By Gallium Nitride, 2021-2031F |
6.2.4 Zambia Power Electronics Market Revenues & Volume, By Sapphire, 2021-2031F |
6.2.5 Zambia Power Electronics Market Revenues & Volume, By Others, 2021-2031F |
6.3 Zambia Power Electronics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Zambia Power Electronics Market Revenues & Volume, By Power Management, 2021-2031F |
6.3.3 Zambia Power Electronics Market Revenues & Volume, By UPS, 2021-2031F |
6.3.4 Zambia Power Electronics Market Revenues & Volume, By Renewable, 2021-2031F |
6.3.5 Zambia Power Electronics Market Revenues & Volume, By Others, 2021-2031F |
6.4 Zambia Power Electronics Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Zambia Power Electronics Market Revenues & Volume, By Telecommunication, 2021-2031F |
6.4.3 Zambia Power Electronics Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.4 Zambia Power Electronics Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.5 Zambia Power Electronics Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.6 Zambia Power Electronics Market Revenues & Volume, By Military and defense, 2021-2031F |
6.4.7 Zambia Power Electronics Market Revenues & Volume, By Energy and Power, 2021-2031F |
7 Zambia Power Electronics Market Import-Export Trade Statistics |
7.1 Zambia Power Electronics Market Export to Major Countries |
7.2 Zambia Power Electronics Market Imports from Major Countries |
8 Zambia Power Electronics Market Key Performance Indicators |
8.1 Average capacity utilization rate of power electronics equipment in Zambia |
8.2 Percentage of electricity generated from renewable sources in the country |
8.3 Number of new power electronics projects initiated in Zambia |
8.4 Energy efficiency improvements achieved through the use of power electronics technologies |
8.5 Adoption rate of smart grids and energy storage solutions in Zambia |
9 Zambia Power Electronics Market - Opportunity Assessment |
9.1 Zambia Power Electronics Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.2 Zambia Power Electronics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Zambia Power Electronics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Zambia Power Electronics Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Zambia Power Electronics Market - Competitive Landscape |
10.1 Zambia Power Electronics Market Revenue Share, By Companies, 2024 |
10.2 Zambia Power Electronics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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