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.
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