Demand for electric power transmission and distribution equipment in China is projected to advance at a 10.0 percent annual rate to 288 billion yuan in 2013. Growth in electricity consumption will drive investment in electric power grid construction and capacity installation, in turn supporting related electric power transmission and distribution equipment sales. Expansion in construction activity (especially in the industrial sector) will both contribute to increases in such investment due to rising electricity consumption and provide new opportunities for direct product sales. Replacement and improvement of existing electric power transmission and distribution equipment will also boost increases. These and other trends are presented in Electric Power Transmission & Distribution Equipment in China, a new study from the Beijing office of The Freedonia Group, Inc., a Cleveland-based industry research firm.

Sales of transformer products will see the strongest growth, with demand increasing 10.5 percent per annum through 2013. Sales of transformer products will see the strongest growth, with demand increasing 10.5 percent per annum through 2013. Gain. Gains will be supported by efforts to provide more stable and reliable electricity transmission and distribution. Demand for switchgear products will continue to account for the largest share of the total electric power transmission and distribution equipment market. Sales of meters are forecast to climb 9.4 percent annually, roughly in line with those of pole and transmission line hardware products.

Electric utilities will continue to represent the largest market for electric power transmission and distribution equipment, accounting for 52 percent of overall demand in 2013. Gains will be derived from expanding electric utilities investment in new electric generating capacity and power grid construction. The industrial market segment (including industrial cogenerators) will register the strongest gains through 2013. Growth will be fueled by increases in industrial construction and rising use of electrical and electronic equipment in industrial applications.