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In 2016 Global Investment in Transmission and Distribution Infrastructure May Exceed 573.3 Billion RMB

Number of visits: Date:5/13/2016 05:42:52

Headquartered in London, the British authority research agency Visiongain recently released  that this year's global transmission and distribution infrastructure market was expected to reach 8.34 billion US dollars (about 573.33 billion yuan).

Visiongain in the release of this global transmission and distribution infrastructure market research report(2016-2026) represented that, in the next decade, in terms of national or continental level perspective, transmission and distribution investment would show a continued rapid growth.

Among them, the increase in electricity demand and aging infrastructure expansion are the main reasons for the continued growth of this market investment. In addition, the energy structure of the world turning into the renewable energy, so that the transmission and distribution infrastructure needs is growing which is also a major factor.

It is noteworthy that, over the next decade, long-distance HVDC transmission technology because of its low loss and other advantages will become the new focus of the market, and the growth rate continues to improve, especially in Europe and the United States these developed countries and China and India these developing countries.

The report also pointed out that the increasingly stringent regulatory environment has posed some challenges for the development and investment of transmission and distribution market, as well as the high cost of the advanced high pressure / UHVDC technology.

TypeInfo: Industry news

Keywords for the information:henan jiapu  power cable  special cable  bare conductor