Nuclear Power in China Industry Research Report - Now Available from IBISWorld

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Over the past five years, revenue for Nuclear the Power industry in China has been growing at an annualized rate of 12.3% to an estimated $6.8 billion in 2012. ACMR-IBISWorld anticipates that revenue will surge in 2012 and the following five years due to the establishment of 12 new power plants. The Chinese government will continue to support the development of the Nuclear Power industry, as nuclear power plants are cheaper, more efficient, and cleaner than power plants for thermal and wind power generation. As such, the total installed nuclear power capacity in China is expected to quadruple over the five years to 2017.

IBISWorld Market Research

IBISWorld Market Research

Total installed nuclear power capacity in China is set to quadruple over the next five years.

Nuclear power electricity generation accounts for less than 3.0% of China's total electricity generation. Nevertheless, the emerging Nuclear Power industry in China has been developing quickly and steadily. Over the past five years, industry revenue has been growing at an annualized rate of 12.3% to an estimated $6.8 billion in 2012. ACMR-IBISWorld anticipates that revenue will surge in 2012 and the following five years due to the establishment of 12 new power plants.

The industry comprises nine, giant state-owned enterprises employing 9,332 people with total wages of about $387.8 million. The two major companies, China National Nuclear Corporation and China Guangdong Nuclear Power Group, dominate the industry, contributing over two-thirds of total industry revenue. Industry concentration has decreased over the past five years with the establishment of several new nuclear power projects by enterprises other than the top two. As this highly profitable industry develops further, other enterprises are expected to enter the industry taking market share away from the top players, says IBISWorld.

China's economy has been slowing down over the past few years, which has led to a fall in power demand from the manufacturing sector. As such, the growth in electricity consumption has slowed. However, the Chinese government will continue to support the development of the Nuclear Power industry, as nuclear power plants are cheaper, more efficient, and cleaner than power plants for thermal and wind power generation. As such, the total installed nuclear power capacity in China is expected to quadruple over the five years to 2017.

For more information, visit IBISWorld’s Nuclear Power in China industry report page.

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IBISWorld industry Report Key Topics

The Nuclear Power industry in China is composed of state-controlled nuclear power plants that employ nuclear fission to generate heat, which is then converted to electricity. Nuclear power plants then provide this electricity to transmission systems or to electric power distribution systems.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
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