Industry Analysis & Industry Trends
The Electricity Transmission and Distribution industry is expected to generate $642.9 billion in 2014, up 7.9% from 2013. Over the five years through 2014, revenue has been growing at an annualized rate of 10.2%.
Two large monopoly companies are in control of the majority of China's electricity transmission and distribution activities. The State Grid Corporation of China (SGCC) controls over 88.0% of China's land area and is expected to retail more than 66.0% of total consumed electricity in China in 2014. Meanwhile, China Southern Power Grid Corporation Limited (CSG) covers 10.4% of China's land area and will sell an estimated 15.0% of total consumed power.
Over the next five years, ACMR-IBISWorld forecasts that industry revenue will grow at the lower rate of 6.2%.... purchase to read more
Industry Report - Industry Analysis Chapter
Revenue for the Electricity Transmission and Distribution industry in China has been increasing rapidly in the five years through 2014, growing 10.2% per year on average. The development of the economy and improved living standards across China have resulted in greater demand for electricity. Total electricity consumption has been growing at an estimated annualized rate of 9.8% during the same period. Increased electricity charges and the completion of the nationwide transmission network have also contributed to industry revenue growth. In 2013, the national investment in grid infrastructure construction totaled about $63.3 billion... purchase to read more