- The key vendors in the Transmission and Distribution Infrastructure in China are ABB (China) Ltd., Alstom SA, China XD Electric Co. Ltd., Schneider Electric, Siemens and Sunten Electric Co. Ltd.
London, 12 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Transmission Infrastructure in China 2014-2018. The overall Transmission and Distribution Infrastructure in China is expected to grow at a CAGR of 9.3 percent during the forecast period of 2013-2018.
One of the emerging trends in the market is long distance power transmission. With the development of new technologies such as 1000 kV AC transmission lines and 800 kV DC lines, long distance transmission has become a convenient solution for addressing the energy imbalance situation in China.
“China is encouraging investments in renewable energy and accompanying transmission infrastructure through a variety of financial and economic incentives. It is focusing on clean energy sources that would need interconnection to the grid, and heavy investment in smart grid projects, lead to the need of a robust transmission infrastructure enabling higher utilization of the renewable energy capacity,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
