Research and Markets (http://www.researchandmarkets.com/research/bcbgjk/smart_grid_market) has announced the addition of the "China Smart Grid Market Forecasts Report, 2016" report to their offering.

One of the major drivers in this market is the increasing need for grid connection and management systems. In line with the Chinese government's plans, the SGCC and CSG are initiating steps to develop smart grids in China. The smart grid initiative of the SGCC, which commenced in 2011, will continue till 2020.

In recent years, the steadily growing population, higher living standards, and rapid industrialization have had a negative impact on the environment and the ecosystem. Consequently, the Chinese government has increased its focus on environmental issues such as GHG emissions and global warming. One of the major trends being witnessed in the Smart Grid market in China is the initiatives being taken by the government to reduce GHG. China has identified fossil fuel-based power generation as one of the major sources of GHG and has therefore induced various power plants to take steps to reduce these emissions. It has also shifted its focus to cleaner energy generation technologies. Consequently, an increase in investments in clean and RE power generation will boost the growth of the market since the RE sector is an integral part of the Smart Grid market in China.

Further, the report states that one of the major challenges in this market is the high susceptibility of smart grids to cyber attacks. The software used in smart grids is highly susceptible to the threat of virus attacks and mishandling by engineers or operators.

The main information control system in smart grids is exposed to security threats because of the regular usage of the internet and access through points for electrical and communication lines.

The key vendors dominating this market space are:

  • ABB Group
  • Alstom SA
  • GE Energy
  • Schneider Electric Co.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

06.1 Global Smart Grid Market

06.2 Smart Grid Investment by Region 2012

06.3 Smart Grid Market in China

06.4 Five Forces Analysis

07. Market Segmentation by Technology

07.1 Smart Grid Market in China by Technology 2012-2016

07.2 Smart Grid Market in China by Smart T&D Equipment

07.3 Smart Grid Market in China by Communication and Wireless Infrastructure

07.4 Smart Grid Market in China by Software and Hardware

07.5 Smart Grid Market in China by Sensors

07.6 Smart Grid Market in China by Smart Meters

08. Buying Criteria

09. Market Growth Drivers

10. Drivers and their Impact

11. Market Challenges

12. Impact of Drivers and Challenges

13. Market Trends

14. Trends and their Impact

15. Vendor Landscape

16. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/bcbgjk/smart_grid_market

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
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Sector: Environmental