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 SWOT Analysis Chapter
The Electricity Transmission and Distribution industry is expected to grow slightly faster than GDP growth in the decade to 2019, with value added increasing by an annualized 7.6%, higher than the annual rate of China's GDP growth over the same period (7.3%). Electricity demand is expected to increase steadily in the next five years, following the trend of overall economic growth.
Power grid investment and construction will be accelerated in the future (IBISWorld industry report 4725). In addition, extra high voltage (EHV) and ultra high voltage (UHV) transmission technologies and applications are developing rapidly leading to increased transmission capacity and a more balanced power supply and demand... purchase to read more