DC Distribution Networks Market in China 2022-2026

DC Distribution Networks Market in China 2022-2026

Technavio has been monitoring the DC distribution networks market in China and it is poised to grow by $ 1.13 bn during 2022-2026 progressing at a CAGR of 7.83% during the forecast period. Our report on the DC distribution networks market in China provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by better transmission capacity and increasing urbanization and changing consumer lifestyles.

The DC distribution networks market in China analysis includes end-user and type segments.

Technavio's DC distribution networks market in China is segmented as below:

By End-user

• Telecom
• Industrial
• Commercial
• Others

By Type

• Medium voltage
• Low voltage
• High voltage

This study identifies the surging demand for LEDsas one of the prime reasons driving the DC distribution networks market growth in China during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on DC distribution networks market in China covers the following areas:

• DC distribution networks market sizing
• DC distribution networks market forecast
• DC distribution networks market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading DC distribution networks market vendors in China that include ABB Ltd., Emerson Electric Co., ENGIE Mobisol GmbH, Generac Power Systems Inc., IDEALPLUSING TECHNOLOGY, Johnson Controls International Plc, Nextek Power Systems, Shenzhen Mulview Technology Co. Ltd., Siemens AG, and Signify NV. Also, the DC distribution networks market in China analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

ABB Ltd., Emerson Electric Co., ENGIE Mobisol GmbH, Generac Power Systems Inc., IDEALPLUSING TECHNOLOGY, Johnson Controls International Plc, Nextek Power Systems, Shenzhen Mulview Technology Co. Ltd., Siemens AG, Signify NV