The Power Grid Construction industry in China has been growing 9.4% annually over the past five years to $570.6 billion in 2014. Two events contributed to strong growth over the period; both the Beijing Olympic Games in 2008 and the Shanghai World Expo in 2010 led to large government investments in new power infrastructure construction and improvements. The total length of power transmission lines constructed totaled 978.6 thousand kilometers in 2013 and is expected to amount to 1.06 million kilometers in 2014.
The Power Grid Construction industry in China constructs power grids in order to supply power for domestic demand. Detailed works in the industry include the construction of pylons, wire poles, power stations, converting stations and substations. Through these equipment and tools, electricity of various voltages are transmitted and distributed to end users. Pre-construction preparatory activities are not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.