SMART CITIES MARKET IN INDIA : Global Market Opportunities, Size, Share, Emerging Trends, Technological Innovation And Forecasts To 2015
Kenneth latest market research report titled Smart Cities Market in India 2015 states that a large amount of investments has been planned for Smart Cities in India. However, it will take some time to generate considerable returns on investments as the concept has just been initialized. The Government of India has allocated INR 70.6 bn in the Union Budget 2014-15 to develop 100 Smart Cities in the country. To encourage development of Smart Cities, with respect to FDI in the construction.
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development sector, the condition for built up area has also been reduced from 50,000 sq. m to 20,000 sq. m. Relaxed norms and increased government initiatives will ensure that investment in Smart Cities will continue to rise.
The Union Cabinet has approved the central government spending worth INR 980 bn under two new urban missions over the next five years. The two schemes, INR 480 bn for Smart City Mission and INR 500 bn for Atal Mission for Rejuvenation and Urban Transformation, may merge at some point. The Smart Cities will provide good infrastructure such as water, sanitation, reliable utility services, health care; attract investments; transparent processes that make it easy to run a commercial activities; simple and on line processes for obtaining approvals, and various citizen centric services.
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POWER SECTOR IN INDIA- Global Industry Analysis By Development, Size, Share And Demand Forecast In 2014
Kenneth latest market research report titled Power Sector in India 2014 states that consumption of electricity is going to rise in the coming years. India is among the top energy users in the world. Region-wise installed capacity has increased over the last few years. Keeping in mind the growth in consumption, the government is taking measures to increase the installed capacity to minimize the demand and supply gap. There has been a shift from the traditional value chain to the modern value chain in the power sector. In India, power sector is governed by stringent government regulations. Mainly the National Electricity Policy and the Tariff Policy governs the power sector in India. The future of power sector in India is very bright. Power sector - India contributes to the GDP of the country.
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Private-public-partnership model (PPPs) especially in the infrastructure sector is gaining prominence in the country. Growth in the manufacturing sector along with growth in the residential consumption has driven the power sector. Other factors such as rural electrification programs and realization of emerging dreams have driven the sector. Shortage of coal is a major challenge which is manifested in the inability to minimize the demand and supply deficit. Huge transmission losses and improperly maintained infrastructure contributed to the challenges. Increase in FDI has increased along with private equity firms showing interest in the power sector. Increase in domestic investments has also increased.
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POWER BACKUP MARKET IN INDIA To Experience Significant Growth During The Forecast Period 2014
Kenneth latest market research report titled Power Backup Market in India 2014 states the demand-supply gap in power distribution as the main reason for the boom in the power backup market. The power backup sector can be categorized into four broad segments, UPS, Diesel Generators, Inverters and Batteries. UPS segment has witnessed a consistent rise in demand owing to the rapid development of the IT sector along with growing consciousness among individuals to protect costly electronic equipments which can be adversely affected by sudden power failures. Demand for generator sets come from various sectors such as IT and ITes, telecom and construction while inverters are primarily used in households, shops and commercial establishments.
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Manufacturing hub of the Indian power backup industry is concentrated in North India, particularly Himachal Pradesh, and Kolkata. Power deficit in the southern region of the country has triggered the demand for power backup in these regions. Tamil Nadu, Karnataka and Kerala generate the highest share of the overall demand for power backup in the country. Shortage in coal and gas, the primary raw materials for power generation, further aggravates the shortage in power supply. With time, consumers have emerged to be less tolerant about the duration of power cuts, thus providing tremendous growth prospects, which players can capitalize upon.
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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NATURAL GAS IMPORT IN CHINA MARKET- Overview By Share, Size, Industry Players, Revenue And Product Demand Till 2019-2023
The growing Chinese economy and stricter environmental protection policies drive the growth of natural gas consumption in China. In 2018, the Chinese government introduced several environmental protection policies to further prevent and control atmospheric pollution and replace coal with natural gas in key areas, which pushed up the natural gas consumption in China. According to CRI's preliminary estimate, the consumption of natural gas in China exceeded 27 million cubic meters in 2018, registering a YOY increase of more than 10%.
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Kenneth market survey shows that in 2018, the consumption of natural gas for power generation, household use and industrial purposes increased significantly while the consumption of natural gas in the chemical industry decreased slightly. The consumption of natural gas grew rapidly in the central and eastern regions which have a developed economy and high population density while grew slowly in the western regions. In 2018, the consumption of natural gas in provinces such as Hebei, Jiangsu and Guangdong all saw an increase of more than 3 billion cubic meters.
According to Kenneth analysis, as restricted by reserves and exploitation conditions, the production volume of natural gas in China has little growth potential. In 2018, the production volume of natural gas in China was about 160.30 billion cubic meters, representing a YOY increase of 8.30%, a growth rate far lower than that of the consumption volume. But it is noteworthy that the production volume of shale gas reached 11 billion cubic meters with a YOY increase of about 20%.
Because of insufficient domestic production, China needs to import a large quantity of natural gas to meet domestic demand. In recent years, China's reliance on natural gas imports is rising sharply with the rapidly growing import volume of natural gas. In 2018, China surpassed Japan to become the world's largest natural gas importer. According to CRI's preliminary estimate, in 2018, the import volume of natural gas in China was about 90.39 million tons, representing a YOY increase of 31.80% and import reliance of more than 40%. The natural gas imports in China include pipeline natural gas and LNG.
As the import of LNG does not require pipeline construction and the shipping costs are low, LNG dominates China's natural gas imports. According to CRI's analysis, in 2018, the import volume of LNG in China reached 53.78 million tons, increasing by 41% YOY. The growth was mainly driven by China's increasing demand for LNG, the use of new LNG terminals and the performance of new LNG contracts.
At the end of 2018, the annual handling capacity of LNG terminals in China reached 66.95 million tons. Phase I of the seven LNG terminals under construction had an annual handing capacity of 16.20 million tons. In addition, LNG terminals under extended construction in Tangshan, Qingdao and Rudong will see a significant increase in handling capacity after they are put into service.
According to Kenneth analysis, the natural gas importers in China have signed many LNG procurement contracts with global natural gas suppliers. For example, in 2018, China National Petroleum Corporation (CNPC) signed LNG import contracts with Cheniere, Qatargas and Exxon Mobil; China National Offshore Oil Corporation (CNOOC) signed LNG import contract with Petroliam Nasional Berhad (PETRONAS). In addition, CNOOC's LNG contract with British Petroleum (BP) will be honored in 2019, which means that CNOOC's new LNG contract volume will exceed 10 million tons/year.
Meanwhile, China is building long-distance pipelines to facilitate the transportation and allocation of natural gas on the domestic market. At the end of 2018, the total length of China's long-distance natural gas pipelines was close to 76,000 kilometers. The Erdos-Anping-Zhangzhou Gas Pipeline (Phase I), Inner Mongolia-Shanxi Gas Pipeline (Phase I) and Chuxiong-Panzhihua Natural Gas Pipeline (a branch line of China-Myanmar Pipeline) have been put into service, and parts of the China-Russia East-Route Natural Gas Pipeline and the Qianjiang-Shaoguan Natural Gas Pipeline have been completed. Constant progress is being made in the construction of regional pipeline networks. For example, the construction of six major pipeline networks in the eastern, western and northern parts of Guangdong has been started and is planned to be completed at the end of 2020. With the construction of domestic long-distance natural gas pipelines, the number of natural gas users in China will keep rising, which will stimulate the consumption of natural gas.
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As natural gas is environmentally friendly and easy to transport and use, the demand for natural gas in China is expected to keep rising from 2019 to 2023. As the growth rate of the production volume is far lower than that of the demand, the import volume of natural gas in China will keep growing from 2019 to 2023.
Topics Covered:
- Analysis on supply of and demand for natural gas in China
- China’s policies on natural gas import
- Volume and price of China's natural gas imports
- Progress in the construction of LNG terminals and natural gas pipelines in China
- Major sources of China’s natural gas imports
- Analysis on factors influencing natural gas import in China from 2019 to 2023
- Forecast on natural gas import in China from 2019 to 2023
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Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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