South Africa Wind Power LiDAR Market - Scenario 1: Using 100 % LiDAR
The South Africa Wind Power LiDAR market is expected to grow from US$ 4.45 million in 2021 to US$ 5.86 million by 2030; it is estimated to grow at a CAGR of 3.1% from 2021 to 2030.

South Africa Wind Power LiDAR Market - Scenario 2: Using 75 % LiDAR
The South Africa Wind Power LiDAR market is expected to grow from US$ 3.17 million in 2021 to US$ 3.76 million by 2030; it is estimated to grow at a CAGR of 1.9% from 2021 to 2030.

South Africa Wind Power LiDAR Market - Scenario 3: Using 50 % LiDAR
The South Africa Wind Power LiDAR market is expected to grow from US$ 2.23 million in 2021 to US$ 2.51 million by 2030; it is estimated to grow at a CAGR of 1.3% from 2021 to 2030.

Growing investment in deploying new wind farm projects and significant initiatives to mitigate carbon footprint boost the demand for wind power LiDAR technology in South Africa. South African government has issued stringent regulations and policies related to carbon emissions, which eventually promote the adoption of clean energy, including wind energy. For instance, in November 2021, the US joined Britain, France, Germany, and the European Union in a multi-billion dollar partnership to help South Africa achieve a quicker transition from coal to renewable energy, with an investment of US$ 8.5 billion. A report published by the International Finance Corporation (IFC) shows that Africa has 59,000 GW of onshore and offshore wind potential to meet the continent's energy demand. Building new wind farms to utilize its vast wind resources will create demand for clean energy and critical infrastructure and help support thriving local economies while meeting the sustainable development goals of the country.

In January 2022, EDF Renewables had planned to develop the Phezukomoya Wind Energy Facility of 140 MW capacity in Northern Cape, South Africa, which is expected to start commissioning in April 2024. The project consists of 35 turbines with an investment of ~US$ 255 million. In March 2022, Chariot, an African energy company, and Total Eren, a French renewables developer, collaborated to develop a 430 MW solar and wind project for a mining company in Zambia. The construction of this project is likely to begin in 2023. Further, in January 2022, Brandvalley Wind Farm is a 140MW onshore wind power project, which is expected to get commissioned in April 2024. As per the IFC report, Africa possesses an incredible onshore wind potential of ~180,000 Terawatt hours (TWh) per annum. Moreover, Algeria has the highest resource, with a total potential of 7,700 GW, equivalent to more than 11 times the current global installed wind capacity. Under the renewable independent power producer program, more than ~6,000 MW of generation capacity was allocated to bidders across wind and solar energy in July 2021. Thus, favorable government programs, increasing investments in wind power projects, and reduced cost of wind energy have bolstered the adoption of wind energy, thereby driving the South Africa wind power LiDAR market growth.

Installation-Based South Africa Wind Power LiDAR Market Insights
South Africa Wind Power LiDAR Market - Scenario 1: Using 100% LiDAR
Based on installation, the South Africa wind power LiDAR market is bifurcated into onshore wind farms and offshore wind farms. In 2021, the onshore wind farms segment led the South Africa wind power LiDAR market, accounting for a larger share in the market.

South Africa Wind Power LiDAR Market - Scenario 2: Using 75% LiDAR
Based on installation, the South Africa wind power LiDAR market is bifurcated into onshore wind farms and offshore wind farms. In 2021, the onshore wind farms segment led the South Africa wind power LiDAR market, accounting for a larger share in the market.

South Africa Wind Power LiDAR Market - Scenario 3: Using 50% LiDAR
Based on installation, the South Africa wind power LiDAR market is bifurcated into onshore wind farms and offshore wind farms. In 2021, the onshore wind farms segment led the South Africa wind power LiDAR market, accounting for a larger share in the market.

Impact of COVID-19 Pandemic on South Africa Wind Power LiDAR Market
The COVID-19 pandemic dramatically impacted the global economy in 2020. The global crisis hampered business activities in the energy & power industry significantly. Growing investments in the renewable energy sector of South Africa make this country one of the key markets for the future growth of the wind power LiDAR market. Before the outbreak of COVID-19, the wind power LiDAR market in South Africa was experiencing substantial growth due to the rising demand for clean energy sources, with increasing favorable initiatives and supportive regulatory policies and regulations by governments. Before 2020, significant investment initiatives supported the development of onshore and offshore wind farm projects. Johannesburg, Pretoria, Western Cape, and Durban are the prominent cities in South Africa that held significant potential for wind farms. As per the data published by the South African Wind Energy Association, in 2020, the operational wind projects have resulted in a reduction in CO2 emissions by 53% of the total 12.1 metric tons of annual P50 projection by wind Independent Power Producers. However, the emergence of the COVID-19 pandemic led to decreased investments in wind farms, thereby limiting their installations, which hampered the South Africa wind power LiDAR market proliferation.

During the initial days of the COVID-19 pandemic, the crisis restricted all business deals, collaborations, and partnerships. However, with ease in restrictions and reopening of business units, discontinued projects were resumed. From the second half of 2020, original equipment manufacturers (OEMs) and Independent Power Producers began investing in the development of advanced LiDAR systems, leveraging the demand for a clean source of renewable energy. The pandemic has forced businesses to restructure their business models, focusing on strategies to strengthen their market shares. Therefore, although the South Africa wind power LiDAR market plummeted initially due to the adverse impact of the COVID-19 pandemic and the related social restrictions, it has made a strong recovery since 2021.

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