Research Report on China's Power Generation Equipment Industry, 2013-2017
Supported by polices of the Chinese government, new energy and clean energy such as nuclear power, wind power and hydropower swiftly and violently develop in China, which drives the continuous increase in the output of generator sets. In 2011, the output of power generation equipment reached 147 million kilowatts nationwide.
In 2011, China continuously promoted the implementation of new energy and efficient & clean energy development strategies. It accelerated the construction of ultra-high voltage (UHV) backbone network, promotion of rural power grid transformation & upgrade project and development of smart power grid, which provided strong support for the demand growth in products related to power generation equipment. The output of most products in the industry increased. Among it, the cumulative output of hydroelectric generator sets was over 30% YOY.
Since 2011, the effects of China's power source structure adjustment are obvious, with the growth rate of thermal power installed capacity declining year by year. In 2011, the installed capacity of wind power increased by 39.4% YOY. The installed capacity proportion of non-fossil energy such as hydropower, nuclear power and wind power increased from 26.53% in 2010 to 27.50% in 2011. The adjustment to the power source structure directly influences the demand structure of power generation equipment.
It is predicted that in the next few years, the proportion of China's thermal power generation equipment in the total power generation equipment will further decline. As wind power, nuclear power and other new energy power generation industries rapidly develop and many new energy power generation equipment projects are constructed and put into production, the supply will maintain the rapid growth trend in the coming years. Meanwhile, with variations in the investment structure, the supply structure of the industry will correspondingly change. In the supply of the whole industry, the proportion of thermal power generation equipment supply will further decline.
The total output of China's power generation equipment is expected to mildly grow in the next few years. However, the growth within the industry will present relatively large structural differences. The scale of hydropower construction is still relatively large, and the thermal power develops towards large-capacity and high-parameter directions. The construction of renewable energy such as nuclear power and wind power as well as power grid accelerates. Power generation equipment of wind power, nuclear power, new energy and other clean energy will achieve substantial growth, and hydropower equipment will maintain the steady development. The thermal power equipment industry will be still in depression. The output of thermal power equipment is likely to continuously decline.
With the gradual rebound of the world's economy, especially the obvious economic recovery momentum in emerging markets such as India and Russia, the demand for power generation equipment is expected to significantly increase, which will drive the export of China's power generation equipment to rise.
It is predicted that the market scale of China's power generation equipment industry will maintain an annual compound growth rate of over 10% in recent years. The increasingly growing market demand also greatly promotes the development of the power generation equipment. With the rise in market demand, the power generation equipment market will sustainably develop. The construction of smart power grid, UHV and new energy will be the main force driving the development of the power generation equipment industry. Before 2020, the total investment of China's smart power grid is expected to be over CNY 1 trillion, and that of the UHV is over CNY 400 billion. From 2011 to 2020, the total investment of China's new energy industry is expected to be more than CNY 5 trillion, which creates excellent development environment for China's power generation equipment industry; with the development of China's economy and acceleration of urbanization and industrialization, the market demand for power generation equipment gradually increases, which will provide a strong impetus for the development of China's power generation equipment industry.
More following information can be acquired through this report:
In 2011, China continuously promoted the implementation of new energy and efficient & clean energy development strategies. It accelerated the construction of ultra-high voltage (UHV) backbone network, promotion of rural power grid transformation & upgrade project and development of smart power grid, which provided strong support for the demand growth in products related to power generation equipment. The output of most products in the industry increased. Among it, the cumulative output of hydroelectric generator sets was over 30% YOY.
Since 2011, the effects of China's power source structure adjustment are obvious, with the growth rate of thermal power installed capacity declining year by year. In 2011, the installed capacity of wind power increased by 39.4% YOY. The installed capacity proportion of non-fossil energy such as hydropower, nuclear power and wind power increased from 26.53% in 2010 to 27.50% in 2011. The adjustment to the power source structure directly influences the demand structure of power generation equipment.
It is predicted that in the next few years, the proportion of China's thermal power generation equipment in the total power generation equipment will further decline. As wind power, nuclear power and other new energy power generation industries rapidly develop and many new energy power generation equipment projects are constructed and put into production, the supply will maintain the rapid growth trend in the coming years. Meanwhile, with variations in the investment structure, the supply structure of the industry will correspondingly change. In the supply of the whole industry, the proportion of thermal power generation equipment supply will further decline.
The total output of China's power generation equipment is expected to mildly grow in the next few years. However, the growth within the industry will present relatively large structural differences. The scale of hydropower construction is still relatively large, and the thermal power develops towards large-capacity and high-parameter directions. The construction of renewable energy such as nuclear power and wind power as well as power grid accelerates. Power generation equipment of wind power, nuclear power, new energy and other clean energy will achieve substantial growth, and hydropower equipment will maintain the steady development. The thermal power equipment industry will be still in depression. The output of thermal power equipment is likely to continuously decline.
With the gradual rebound of the world's economy, especially the obvious economic recovery momentum in emerging markets such as India and Russia, the demand for power generation equipment is expected to significantly increase, which will drive the export of China's power generation equipment to rise.
It is predicted that the market scale of China's power generation equipment industry will maintain an annual compound growth rate of over 10% in recent years. The increasingly growing market demand also greatly promotes the development of the power generation equipment. With the rise in market demand, the power generation equipment market will sustainably develop. The construction of smart power grid, UHV and new energy will be the main force driving the development of the power generation equipment industry. Before 2020, the total investment of China's smart power grid is expected to be over CNY 1 trillion, and that of the UHV is over CNY 400 billion. From 2011 to 2020, the total investment of China's new energy industry is expected to be more than CNY 5 trillion, which creates excellent development environment for China's power generation equipment industry; with the development of China's economy and acceleration of urbanization and industrialization, the market demand for power generation equipment gradually increases, which will provide a strong impetus for the development of China's power generation equipment industry.
More following information can be acquired through this report:
- Development Status of China's Power Generation Equipment Industry
- Factors Influencing Development of China's Power Generation Equipment Industry
- Operation of Key Enterprises in China's Power Generation Equipment Industry
- Investment Opportunities of China's Power Generation Equipment Industry in Recent Years
- Prediction on Development of China's Power Generation Equipment Industry
- Power Generation Equipment Manufacturers
- Power Generation and Power Grid Operation Enterprises
- Power Generation Equipment Trade Enterprises
- Investors/Research Institutions Focusing on China's Power Generation Equipment Industry
1 OVERVIEW ON CHINA'S POWER GENERATION EQUIPMENT INDUSTRY
1.1 Definition and Classification
1.2 Status of the Industry in China's Economy
1.3 Analysis on Industry Scale
2 DEVELOPMENT ENVIRONMENT OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
2.1 Macro Economy
2.1.1 China's Economy
2.1.2 International Economy
2.2 Policy Environment
2.2.1 Policy Overview
2.2.2 Policy Trend
3 OPERATION OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
3.1 Analysis on Supply
3.1.1 Output Value
3.1.2 Output
3.2 Demand
3.2.1 Sales Revenue
3.2.2 Consumption
3.2.3 Demand Structure
3.3 Import and Export
3.3.1 Import
3.3.2 Export
3.4. Analysis on Investment and Financing
3.4.1 Fixed Asset Investment
3.4.2 M&A
4 COMPETITION IN CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
4.1 Barriers to Entry and Exit
4.1.1 Barriers to Entry
4.1.2 Barriers to Exit
4.2 Competition Structure of the Industry
4.3 Development Characteristics of the Industry
4.3.1 Long Prosperity of the Industry
4.3.2 Capital and Technology-intensive Industry
4.3.3 Pro-economic-cycle Industry
4.3.4 Large Influences of Industrial Policies on the Industry
5 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT SUB-INDUSTRIES, 2011-2013
5.1 Introduction of Each Sub-industry
5.2 Boiler and Its Auxiliary Equipment Industry
5.2.1 Industry Overview
5.2.2 Development Trend
5.3 Steam Turbine and Its Auxiliary Equipment Industry
5.3.1 Industry Overview
5.3.2 Development Trend
5.4 Water Turbine and Its Auxiliary Equipment Industry
5.4.1 Industry Overview
5.4.2 Development Trend
5.5 Wind Turbine and Fan Manufacturing
5.5.1 Industry Overview
5.5.2 Development Trend
5.6 Generator and Generator Set Industry
5.6.1 Industry Overview
5.6.2 Development Trend
6 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT INDUSTRY CHAIN, 2011-2013
6.1 Introduction of Industry Chain
6.2 Upstream Industries of Power Generation Equipment Industry
6.2.2 Influences of Upstream Industries on Power Generation Equipment Industry
6.2.2 Steel Industry
6.2.3 Nonferrous Metal Industry
6.3 Downstream Industries of Power Generation Equipment Industry
6.3.1 Influences of Downstream Industries on Power Generation Equipment Industry
6.3.2 Power Generation Industry
7 SWOT ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT SUB-INDUSTRIES
7.1 Boiler and Its Auxiliary Equipment Industry
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Steam Turbine and Its Auxiliary Equipment Industry
7.2.1 Strengths
7.2.2 Weaknesses
7.2.3 Opportunities
7.2.4 Threats
7.3 Water Turbine and Auxiliary Equipment Industry
7.3.1 Strengths
7.3.2 Weaknesses
7.3.3 Opportunities
7.3.4 Threats
7.4 Wind Turbine and Fan Manufacturing
7.4.1 Strengths
7.4.2 Weaknesses
7.4.3 Opportunities
7.4.4 Threats
7.5 Generator and Generator Set Industry
7.5.1 Strengths
7.5.2 Weaknesses
7.5.3 Opportunities
7.5.4 Threats
8 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT INDUSTRY BY REGION, 2011-2013
8.1 Overall Analysis on Regional Distribution of Power Generation Equipment Industry
8.1.1 Distribution of Producing Areas
8.1.2 Distribution of Sales Revenue
8.2 Sichuan
8.2.1 Industry Overview
8.2.2 Development Trend
8.3 Jiangsu
8.3.1 Industry Overview
8.3.2 Development Trend
8.4 Shanghai
8.4.1 Industry Overview
8.4.2 Development Trend
8.5 Heilongjiang
8.5.1 Industry Overview
8.5.2 Development Trend
8.6 Analysis on Other Regions
9 ANALYSIS ON CHINA'S KEY POWER GENERATION EQUIPMENT ENTERPRISES, 2011-2013
9.1 Shanghai Electric Group Co., Ltd.
9.1.1 Corporate Profile
9.1.2 Operation
(Structures of 9.2 to 9.10 are similar to that of 9.1)
9.2 Dongfang Electric Corporation
9.3 Tebian Electric Apparatus Stock Co., Ltd.
9.4 Goldwind Science & Technology Co., Ltd.
9.5 China XD Electric Co., Ltd.
9.6 Zhejiang CHINT Electrics Co., Ltd.
9.7 Xiangtan Electric Manufacturing Corporation Limited
9.8 Baoding Tianwei Baobian Electric Co., Ltd.
9.9 XJ Electric Co., Ltd.
9.10 Henan Pinggao Electric Co., Ltd.
10 PREDICTION ON DEVELOPMENT OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2013-2017
10.1 Factors Influencing Development
10.1.1 Economic Factor
10.1.2 Industrial Policies
10.1.3 Market Factor
10.1.4 Others
10.2 Prediction on Supply and Demand of China's Power Generation Equipment Industry, 2013-2017
10.2.1 Prediction on Supply
10.2.2 Prediction on Demand
10.3 Discussion on Investment Opportunities of China's Power Generation Equipment Industry, 2013-2017
10.3.1 Investment Opportunities of Segmented Fields
10.3.2 Investment Opportunities by Region
10.4 Recommendations on Investment and Development
1.1 Definition and Classification
1.2 Status of the Industry in China's Economy
1.3 Analysis on Industry Scale
2 DEVELOPMENT ENVIRONMENT OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
2.1 Macro Economy
2.1.1 China's Economy
2.1.2 International Economy
2.2 Policy Environment
2.2.1 Policy Overview
2.2.2 Policy Trend
3 OPERATION OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
3.1 Analysis on Supply
3.1.1 Output Value
3.1.2 Output
3.2 Demand
3.2.1 Sales Revenue
3.2.2 Consumption
3.2.3 Demand Structure
3.3 Import and Export
3.3.1 Import
3.3.2 Export
3.4. Analysis on Investment and Financing
3.4.1 Fixed Asset Investment
3.4.2 M&A
4 COMPETITION IN CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2011-2013
4.1 Barriers to Entry and Exit
4.1.1 Barriers to Entry
4.1.2 Barriers to Exit
4.2 Competition Structure of the Industry
4.3 Development Characteristics of the Industry
4.3.1 Long Prosperity of the Industry
4.3.2 Capital and Technology-intensive Industry
4.3.3 Pro-economic-cycle Industry
4.3.4 Large Influences of Industrial Policies on the Industry
5 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT SUB-INDUSTRIES, 2011-2013
5.1 Introduction of Each Sub-industry
5.2 Boiler and Its Auxiliary Equipment Industry
5.2.1 Industry Overview
5.2.2 Development Trend
5.3 Steam Turbine and Its Auxiliary Equipment Industry
5.3.1 Industry Overview
5.3.2 Development Trend
5.4 Water Turbine and Its Auxiliary Equipment Industry
5.4.1 Industry Overview
5.4.2 Development Trend
5.5 Wind Turbine and Fan Manufacturing
5.5.1 Industry Overview
5.5.2 Development Trend
5.6 Generator and Generator Set Industry
5.6.1 Industry Overview
5.6.2 Development Trend
6 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT INDUSTRY CHAIN, 2011-2013
6.1 Introduction of Industry Chain
6.2 Upstream Industries of Power Generation Equipment Industry
6.2.2 Influences of Upstream Industries on Power Generation Equipment Industry
6.2.2 Steel Industry
6.2.3 Nonferrous Metal Industry
6.3 Downstream Industries of Power Generation Equipment Industry
6.3.1 Influences of Downstream Industries on Power Generation Equipment Industry
6.3.2 Power Generation Industry
7 SWOT ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT SUB-INDUSTRIES
7.1 Boiler and Its Auxiliary Equipment Industry
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Steam Turbine and Its Auxiliary Equipment Industry
7.2.1 Strengths
7.2.2 Weaknesses
7.2.3 Opportunities
7.2.4 Threats
7.3 Water Turbine and Auxiliary Equipment Industry
7.3.1 Strengths
7.3.2 Weaknesses
7.3.3 Opportunities
7.3.4 Threats
7.4 Wind Turbine and Fan Manufacturing
7.4.1 Strengths
7.4.2 Weaknesses
7.4.3 Opportunities
7.4.4 Threats
7.5 Generator and Generator Set Industry
7.5.1 Strengths
7.5.2 Weaknesses
7.5.3 Opportunities
7.5.4 Threats
8 ANALYSIS ON CHINA'S POWER GENERATION EQUIPMENT INDUSTRY BY REGION, 2011-2013
8.1 Overall Analysis on Regional Distribution of Power Generation Equipment Industry
8.1.1 Distribution of Producing Areas
8.1.2 Distribution of Sales Revenue
8.2 Sichuan
8.2.1 Industry Overview
8.2.2 Development Trend
8.3 Jiangsu
8.3.1 Industry Overview
8.3.2 Development Trend
8.4 Shanghai
8.4.1 Industry Overview
8.4.2 Development Trend
8.5 Heilongjiang
8.5.1 Industry Overview
8.5.2 Development Trend
8.6 Analysis on Other Regions
9 ANALYSIS ON CHINA'S KEY POWER GENERATION EQUIPMENT ENTERPRISES, 2011-2013
9.1 Shanghai Electric Group Co., Ltd.
9.1.1 Corporate Profile
9.1.2 Operation
(Structures of 9.2 to 9.10 are similar to that of 9.1)
9.2 Dongfang Electric Corporation
9.3 Tebian Electric Apparatus Stock Co., Ltd.
9.4 Goldwind Science & Technology Co., Ltd.
9.5 China XD Electric Co., Ltd.
9.6 Zhejiang CHINT Electrics Co., Ltd.
9.7 Xiangtan Electric Manufacturing Corporation Limited
9.8 Baoding Tianwei Baobian Electric Co., Ltd.
9.9 XJ Electric Co., Ltd.
9.10 Henan Pinggao Electric Co., Ltd.
10 PREDICTION ON DEVELOPMENT OF CHINA'S POWER GENERATION EQUIPMENT INDUSTRY, 2013-2017
10.1 Factors Influencing Development
10.1.1 Economic Factor
10.1.2 Industrial Policies
10.1.3 Market Factor
10.1.4 Others
10.2 Prediction on Supply and Demand of China's Power Generation Equipment Industry, 2013-2017
10.2.1 Prediction on Supply
10.2.2 Prediction on Demand
10.3 Discussion on Investment Opportunities of China's Power Generation Equipment Industry, 2013-2017
10.3.1 Investment Opportunities of Segmented Fields
10.3.2 Investment Opportunities by Region
10.4 Recommendations on Investment and Development
SELECTED CHARTS
Chart Classification of China's Power Generation Equipment Sub-industries (GB/T4754-2002)
Chart Number of Employees in China's Power Generation Equipment Industry, 2007-2011
Chart GDP of China, 2005-2012
Chart Major Industrial Policies of China's Power Generation Equipment Industry, 2011
Chart Output of China's Power Generation Equipment, 2008-2012
Chart Sales Revenue of China's Power Generation Equipment Industry, 2008-2012
Chart Export Volume of China's Generators, 2008-2012
Chart Installed Capacity of China's Power Generation Equipment, 2007-2012
Chart Generating Capacity of China, 2007-2012
Chart Generating Capacity of China's Thermal Power, 2007-2012
Chart Development in Part Regions of China's Power Generation Equipment Industry
Chart Operation of Shanghai Electric Group Co., Ltd., 2008-2012
Chart SWOT Analysis on Shanghai Electric Group Co., Ltd.
Chart Prediction on Output of China's Power Generation Equipment, 2013-2017
Chart Prediction on Sales Revenue of China's Power Generation Equipment Industry, 2013-2017
Chart Classification of China's Power Generation Equipment Sub-industries (GB/T4754-2002)
Chart Number of Employees in China's Power Generation Equipment Industry, 2007-2011
Chart GDP of China, 2005-2012
Chart Major Industrial Policies of China's Power Generation Equipment Industry, 2011
Chart Output of China's Power Generation Equipment, 2008-2012
Chart Sales Revenue of China's Power Generation Equipment Industry, 2008-2012
Chart Export Volume of China's Generators, 2008-2012
Chart Installed Capacity of China's Power Generation Equipment, 2007-2012
Chart Generating Capacity of China, 2007-2012
Chart Generating Capacity of China's Thermal Power, 2007-2012
Chart Development in Part Regions of China's Power Generation Equipment Industry
Chart Operation of Shanghai Electric Group Co., Ltd., 2008-2012
Chart SWOT Analysis on Shanghai Electric Group Co., Ltd.
Chart Prediction on Output of China's Power Generation Equipment, 2013-2017
Chart Prediction on Sales Revenue of China's Power Generation Equipment Industry, 2013-2017
