Industry Analysis & Industry Trends
The Electricity Transmission and Distribution industry is expected to generate $448.7 billion in 2015, up 1.7% from 2014. Over the five years through 2015, revenue has been growing at an annualized rate of 5.8%.
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 2015. 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 3.0%.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Electricity Transmission and Distribution industry is heavily regulated and controlled by the government. The industry's two enterprises, the State Grid Corporation of China (SGCC) and China Souther Power Grid (CSG), control most of electricity transmission and distribution activities. Both enterprises have very large power grid networks, which greatly reinforce their competitive power.
As large state-owned enterprises (SOEs), SGCC and CSG are strongly supported by the government. Prospective entrants to this industry must face the monopoly advantages and government support of these two giant power companies.
In 2014, China began to promote the marketization of the Electricity Transmission and Distribution industry... purchase to read more