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China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024

In 2016, China was the largest electricity consumer in the world. China has been facing serious environmental pollution causing from the fossil fuel as the chief source of energy supply.

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China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024

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  1. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 Report Code ER1010 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  2. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 China Smart Grid Market  Sample Request Market Overview In 2016, China was the largest electricity consumer in the world. China has been facing serious environmental pollution causing from the fossil fuel as the chief source of energy supply. Thus, China has been shifting its strategies towards accommodating intermittent renewable energy, increasing efficiency, and cultivating energy saving. Over the years China has developed itself as the world largest smart grid market, and has been attracting Foreign Direct Investments (FDI) such as from General Electric, Siemens, ABB, and others. It is estimated that China over the next decade will invest USD 75.0 billion in smart grid infrastructure. In 2016, China smart grid market was 1/3rd of the global smart grid market. In 2014, announcement on Climate Change and Clean Energy Cooperation, to increase China’s total energy consumption to 20.0% by 2030 from zero-emission sources, such as from wind, solar, nuclear, and others has created opportunities for the energy and power industry players. The State Grid Corporation of China (SGCC) that serves 88.3% area of China has their major focus on the Ultra High Voltage transmission to build a strong smart grid. Goldstein Research analyst forecast that the China smart grid market size is set to reach USD 23.8 billion by 2024, expanding at a CAGR of 19.25% over the forecast years. The computer networking, increasing investments in automated meters infrastructure to advance two-way communication, software development, government spending and more are some of the factors which triggers the growth of China smart grid market.   Browse Full Report @ https://www.goldsteinresearch.com/report/china-smart-grid-market-analysis

  3. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 • China Smart Grid Market Outlook Segmentation • By Hardware • Smart Meter • Sensors • PLC (Programmable Logic Controller) • Networking Hardware • By Software • Advanced Metering Infrastructure Software • Grid IT and Asset Management System Software • Smart Grid Communication Software • Cyber security Software • Distribution Automation Software • By Services • Consulting Services • Integration and Installation Services • Maintenance Services Sample Request

  4. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 Based on Geography Tier-1 Cities (Beijing, Shanghai, Guangzhou, Shenzhen) Smart grid Market Tier-2 Cities (Wuhan, Foshan, Chongqing, Chengdu) Smart grid Market Tier-3 Cities (Yulin, Leshan, Ziyang, Yongzhou) Smart grid Market Tier-4 Cities (Gongzhuling, Linfen, Liuan, Meishan, Zhaotong) Smart grid Market Rest of China Smart grid Market By Target Audience Electricity Producers and Suppliers Raw Material Suppliers (Water, Coal, etc) Government /Public Agencies Smart Grid Hardware Manufacturers Smart Grid Software Developers Infrastructural Authorities Download Exclusive Sample Report @ https://www.goldsteinresearch.com/request-sample/global-smart-grid-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Request TOC @ https://www.goldsteinresearch.com/toc-request/global-smart-grid-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024 Sample Request

  5. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 On the basis of hardware, smart meters has the largest market share of 38.3% in 2016 in overall China smart grid market, and it is expected to remain same by growing at a rate of 5.7% annually. A smart meter is an important hardware for the efficient operations of smart grid as it ensures two way communications for the supply of electricity in order to reduce wastage and fluctuations. In China, smart metering infrastructure software segment grown up by 8.3% in 2016 on account of smart meters market growth. Smart grid market outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the smart grid market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. China smart grid market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players. Sample Request

  6. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 Smart Grid Market Trends, Drivers and Challenges China is bringing in various policies for the power sector to increase the power generation from zero emission renewable resources. Nation is reducing the coal consumption for power generation, being the major source, which in turn pushing the use of renewable resources emitting zero carbon as well as on smart grid technologies and services. This government policy along with financial support creates huge opportunity for the smart grid industry players to expand their operation in China. According to the report, major driving factor for the growth of smart grid market is the government investments in the modernization of China’s electricity infrastructure based on smart as well as strong power grids. Since 2014, China had smart meters tenders for 18.7 million units as one factor to make grids as smart and it has installed 30,000 km ultra-high voltage transmission line, making the grids strong. China Smart Grid Market Analysis Based on geography, tier-1 cities has the major share of 62.1% in 2016 on the back of building smart cities powered by supply of electricity through smart grids such as in Beijing. The tier-2 cities are on the path of developing themselves into smart cities, and thus over next decade it presence of smart grid power supply will increase at a rate of 7.2% annually. Sample Request

  7. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 About Goldstein Research Based in U.S., Goldstein Research is a young business consulting company and market research firm with vast reach across America, Asia and parts of Europe and the Middle East. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our industry analysis reports in various sectors along with energy and resources industry. With 30+ domain experts and 50+ employees working day and night to crunch numbers and bring out the best and detailed market reports and forecasts, we strive to enable you to foresee upcoming market challenges and develop a robust business model and strategies, which would add to your profitability and market visibility as a brand. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.

  8. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 For more information Contact Us: 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com

  9. China Smart Grid Market Report - Industry Size Analysis & Forecast 2016-2024 Thank you Thank you

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