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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025 China Smart Grid Market In 2016, China was the largest electricity consumer in the world. China has been facing serious environmental pollution causing from the fossil fuel as the chief source of energy supply. Thus, China has been shifting its strategies towards accommodating intermittent renewable energy, increasing efficiency, and cultivating energy saving. Over the years China has developed itself as the world largest smart grid market, and has been attracting Foreign Direct Investments (FDI) such as from General Electric, Siemens, ABB, and others. It is estimated that China over the next decade will invest USD 75.0 billion in smart grid infrastructure. In 2016, China smart grid market was 1/3rd of the global smart grid market. In 2014, announcement on Climate Change and Clean Energy Cooperation, to increase China’s total energy consumption to 20.0% by 2030 from zero-emission sources, such as from wind, solar, nuclear, and others has created opportunities for the energy and power industry players. The State Grid Corporation of China (SGCC) that serves 88.3% area of China has their major focus on the Ultra High Voltage transmission to build a strong smart grid. Goldstein Research analyst forecast that the China smart grid market size is set to reach USD 23.8 billion by 2024, expanding at a CAGR of 19.25% over the forecast years. The computer networking, increasing investments in automated meters infrastructure to advance two-way communication, software development, government spending and more are some of the factors which triggers the growth of China smart grid market.
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Market Segmentation
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China China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025
By Hardware •
Smart Meter
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Sensors
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PLC (Programmable Logic Controller)
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Networking Hardware
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By Software •
Advanced Metering Infrastructure Software
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Grid IT and Asset Management System Software
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Smart Grid Communication Software
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Cyber security Software
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Distribution Automation Software
By Services •
Consulting Services
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Integration and Installation Services
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Maintenance Services
Based on Geography •
Tier-1 Cities (Beijing, Shanghai, Guangzhou, Shenzhen) Smart grid Market
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Tier-2 Cities (Wuhan, Foshan, Chongqing, Chengdu) Smart grid Market
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Tier-3 Cities (Yulin, Leshan, Ziyang, Yongzhou) Smart grid Market
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Tier-4 Cities (Gongzhuling, Linfen, Liuan, Meishan, Zhaotong) Smart grid Market
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China China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025
Based on Geography Sample Request • North America Interactive Robots Market(U.S. & Canada) {Market Share (%), Market Size (USD Billion)} • Latin America Interactive Robots Market (Brazil, Mexico, Argentina & Rest of Latin America) {Market Share (%), Market Size (USD Billion)} • Europe Interactive Robots Market (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) {Market Share (%), Market Size (USD Billion)} • Asia-Pacific Interactive Robots Market (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Share (%), Market Size (USD Billion)} • Middle East & Africa Interactive Robots Market (GCC, South Africa, North Africa, RoMEA) {Market Share (%), Market Size (USD Billion)}
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China China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025 Market Size and Forecast (2017-2025) Goldstein Research analyst forecast that the China smart grid market size is set to reach USD 23.8 billion by 2024, expanding at a CAGR of 19.25% over the forecast years. The computer networking, increasing investments in automated meters infrastructure to advance two-way communication, software development, government spending and more are some of the factors which triggers the growth of China smart grid market. On the basis of hardware, smart meters has the largest market share of 38.3% in 2016 in overall China smart grid market, and it is expected to remain same by growing at a rate of 5.7% annually. A smart meter is an important hardware for the efficient operations of smart grid as it ensures two way communications for the supply of electricity in order to reduce wastage and fluctuations. In China, smart metering infrastructure software segment grown up by 8.3% in 2016 on account of smart meters market growth. China Smart Grid Market Size (USD Billion), 2017-2025 XX
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Scope Background Market Synopsis
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025 Sample Request
Market Segmentation China Smart Grid industry is segmented as follows: •
By Hardware Component(Market Size, Demand Analysis and Growth Analysis)
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By Software (Market Size, Demand Analysis and Growth Analysis)
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By Services (Market Size, Demand Analysis and Growth Analysis)
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By Geography (Market Size, Demand Analysis and Growth Analysis)
By Country • • • • • •
North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis} Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis} Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis} Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis} Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis} Rest of World {Market Size, Growth Analysis and Opportunity Analysis}
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025 Market Dynamics: Growth Drivers, Restraints and Opportunities o Risk Factors o Regional Variations o Recent Trends and Developments
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Key Market Players o Synopsis o Business Strategy o Product Portfolio o SWOT Analysis Porter’s Five Force Model Market Landscape: Competition and Beyond Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem Expert Analysis Concluding Remarks Request for TOC @ https://www.goldsteinresearch.com/toc-request/china-smart-grid-market-analysis
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting firm and market research company with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Published By: Goldstein Research
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025
For more information Contact Us: +1-646-568-7747
Sample Request 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America
+1-437-886-1181 +44-203-318-6627
Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India
+91-120-473-0422, +91-844-785-9968 sales@goldsteinresearch.com
www.goldsteinresearch.com
Published By: Goldstein Research
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China Smart Grid Size, Trends, Demand, Growth Opportunity Assessment, Industry Analysis & Forecast 2017-2025
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