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The smart grid market in china is forecasted to grow by USD 25.85 billion during 2023-2028, accelerating at a CAGR of 20.65% during the forecast period. The report on the smart grid market in china provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on renewable energy integration, strict regulations by governments to reduce carbon emissions, and rapid adoption of smart grid technology.
The smart grid market in china is segmented as below:
By Application
- Smart T and D equipment
- Communication and wireless infrastructure
- Software and hardware
- Sensors
- Others
By End-user
- Utility
- Industrial
- Commercial
- Residential
By Geographical Landscape
- APAC
The report on the smart grid market in china covers the following areas:
- Smart grid market in china sizing
- Smart grid market in china forecast
- Smart grid market in china industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the smart grid market in China: ABB Ltd., Atop Technologies, Cisco Systems Inc., dSPACE GmbH, General Electric Co., HONGFA, Huawei Technologies Co. Ltd., International Business Machines Corp., KPMG International Ltd., McKinsey and Co., Shanghai Electric Group Co., Shenzhen Clou Electronics Co., Siemens AG, Silicon Laboratories Inc., and ZTE Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for energy and cost-efficiency."
According to the report, one of the major drivers for this market is the increasing focus on renewable energy integration.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Atop Technologies
- Cisco Systems Inc.
- dSPACE GmbH
- General Electric Co.
- HONGFA
- Huawei Technologies Co. Ltd.
- International Business Machines Corp.
- KPMG International Ltd.
- McKinsey and Co.
- Shanghai Electric Group Co.
- Shenzhen Clou Electronics Co.
- Siemens AG
- Silicon Laboratories Inc.
- ZTE Corp.