Power Grid Construction in China
The Power Grid Construction industry in China has been growing rapidly, driven by China's urbanization, increases in power demand, rapid development of alternative energy, and increasing government investment. Over the past five years to 2023, industry revenue is expected to grow at an annualized 8.2% to $204.4 billion in 2023, including 8.9% growth in 2023.
The Power Grid Construction industry in China constructs power infrastructure related to the production, transmission and distribution. Detailed works in the industry include the construction of pylons, wire poles, power stations, converting stations, substations, etc. Pre-construction preparatory activities, like survey and design services, are not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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