DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "China Smart Grid: Market Forecast (2016-2026)" report to their offering.
The Chinese market will be dominated by domestic vendors but there are select opportunities for international vendors in certain smart grid market segments.
China will invest more in smart grid infrastructure than any other country over the next ten years. But, contrary to many reports, it is not already the largest smart grid market and in cumulative value will likely continue to trail the US throughout the next ten years.
This is because most of the existing investment in China does not fall into the category of true smart grid infrastructure with two-way communications. Of the future investment, just more than one third will realistically be open to international vendors. Viewed through this lens, the market opportunity in China's smart grid is significantly more limited than the figures stated by many reports.
But there are still many opportunities for international vendors and the smart grid market conditions in China are strong. There is risk involved in the AMI segment due to low T&D losses, low percapita electricity consumption, and a soon-to-be completed AMR rollout. But government policies are now pushing for large-scale investment in grid segments such as wide area measurement and distribution automation.
Key Questions Answered:
- Which smart grid market segments will be open to international vendors?
- How large will the electricity metering and smart grid markets in China be over the next ten years?
- What is the most recent smart grid policy in China and who will benefit from it?
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Who are the leading vendors and which ones are well placed to compete
for this growing market?
Key Topics Covered:
1. China power sector industry structure
2. Smart grid policy
3. Smart grid activity
4. Vendors
5. Appendix
For more information about this report visit http://www.researchandmarkets.com/research/ht7sjz/china_smart_grid
Related Topics: Electricity , Smart Grid
