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Microgrid Market in China 2011-2015
Report Summary
Published by Infiniti Research: 25 Jun 2012
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TechNavio's analysts forecast the Microgrid market in China to grow at a CAGR of 87.5 percent over the period 2011-2015. One of the key factors contributing to this market growth is increased demand for distributed energy resources. The Microgrid market in China has also been witnessing an increase in governmental initiatives in China. However, microgrid energy security concerns could pose a challenge to the growth of this market. TechNavio's report, the Microgrid Market in China 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on China; it also covers Microgrid market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Heter Electronics Group Co. Ltd., Hipower New Energy Group Co. Ltd., Nextek Power Systems Inc., Optimum Battery Co. Ltd., and Zhuhai Sanchuan Electronic Technology Co. Ltd. Other vendors mentioned in the report: Do-Fluoride New Energy Technology Ltd., Fuan Yinxin Power Sources Co. Ltd., Hubei Camel Special Power Supply Co. Ltd., Shandong Yaneng New Energy Equipment Co. Ltd., Sunbright Power Co. Ltd., and Toppow (Shenzhen) Batteryco Co. Ltd.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
Press Release
TechNavio Announces the Publication of its Report - Microgrid Market in China 2011-2015TechNavio today launched its report Microgrid Market in China 2011-2015 based on an in-depth study exclusively focusing on the Chinese market. The report aims to aid decision makers' understanding of the key trends impacting this market.
Commenting on the report, an analyst from TechNavio's Clean Tech team said; ''By 2035, the energy demand in China is predicted to increase tremendously. With the existing power generation capacity, it is not possible for the Chinese power grid to meet the future demand. The increasing demand for power will lead the government to look for other sources of energy generation and it will also increase the demand for microgrids required to store energy generated from alternative sources.''
According to the report, the trend of increased demand for distributed energy resources (DERs) has led to the emergence of a market in China for microgrids, which enable the storage of the energy generated by DERs.
Further, the report also discusses that one of the major challenges confronting the market is the growing concerns for microgrid energy security.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit http://technavio.com/content/microgrid-market-china-2011-2015.
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This report is published by Infiniti Research
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