New study analyzes and forecasts emerging countries' power markets
New study reveals that in the Asia-Pacific region, India and China are the two most important emerging markets.
Power markets are becoming increasingly buoyant the world over, especially in India and China. Expansion in business activities in emerging markets, along with changing consumer lifestyles and a rise in consumer disposable incomes, stimulates the demand for electronic goods and therefore power. Additionally, industrial demand for power is rising, increasing global demand for power.
According to a new study, “Power Markets in Emerging Economies - Market Outlook, Capacity and Generation, Opportunities and Challenges to 2020” from GlobalData, in the Asia-Pacific region, India and China are the two most important emerging markets. India alone is expected to add 82 GW of capacity in its power sector over the next five years.
The study provides comprehensive analysis of the power market in seven emerging countries--India, China, Russia, Brazil, South Africa, Mexico and Indonesia.
It provides historical and forecast numbers for generation, capacity up to 2020 with key opportunities and major challenges in the market. GDP, population and consumption growth trend till 2017 is also captured. Further, the research examines upcoming power projects, key import and export trends, regulatory frameworks and infrastructure.