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2012-2016 China smart grid compound annual growth rate of 28.3%

Industry News
2013/12/31 11:48
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From 2012 to 2016, China's smart grid market will achieve a compound annual growth rate of 28.3%.
[Cable News] Market Research Reports.Biz has released the 2012-2016 China Smart Grid Market Research Report.
According to the report, the compound annual growth rate of China's smart grid market will reach 28.3% in 2012-2016. One of the major factors is the increase in the demand for power grid connection and management systems. However, environmental issues will also pose more serious challenges to the growth of this market.
This research report is based on in-depth research and analysis of industry experts' opinions and the market, focusing on the development scale and growth prospects of China's smart grid market in the next few years.
The main suppliers of smart grids involved in the report are ABB Group, Alstom Corporation, General Electric (GE) Energy, Schneider Electric Co., Ltd., BPL Global, Accenture, Cisco Systems, and China Industrial Solar Technology Holdings Co., Ltd. Energy, Echelon, Freescale Semiconductor, Holley Instrument Group Co., Ltd., Hewlett-Packard, Huawei Technologies Co., Ltd., MOXA, Roger Kang, Wasion Group, Shenzhen Kelu Electronics Co., Ltd. Companies, Telvent DMS, Toshiba Corporation, Western Electric Group, XJ Group, etc.
The smart grid is the intelligence of the power grid. It is based on an integrated, high-speed two-way communication network. It adopts advanced sensing and measurement technologies, advanced equipment technologies, advanced control methods, and advanced decision support system technologies. Applications that achieve the goals of reliable, safe, economical, efficient, environmentally friendly, and safe to use grids, whose main features include self-healing, incentives and inclusion of users, resistance to attacks, provision of power quality that meets the needs of users in the 21st century, and tolerance Power generation access, start-up power market, and asset optimization and efficient operation.
(This article translated from cable network international station reproduced please specify.)