The infrastructure sector in china market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the development of large scale infrastructural projects and government’s major focus on the development of transportation infrastructure and extraction infrastructure.
Infrastructure is a facility that supports the functions of firms and households. Infrastructures are necessary for the growth and function of the country’s economy. Roads, tunnels, electrical grids, bridges, water supply, railways, sewers, broadband access, and internet connectivity are the basic private and public physical infrastructure. China leads the world in investment in infrastructure. Digital, smart, and innovative infrastructure has become a prime concern for China. Infrastructure sector is driving the economic growth of the China. Infrastructure development is driven by various factors such as environmental, economic, and social factors.
Government of China had made efforts toward regional integration in infrastructure development. It has also opened international road transport with the neighboring countries. Over the years, china has built the world’s highest railway, biggest water transfer system, and largest hydropower project. Infrastructure is still expanding in the China. Rising spending on the infrastructure and growing urbanization in the country will help boost the infrastructure sector mainly in power and transport sector. China is aiming for new infrastructure including new energy vehicle charging station, data centers, 5G networks, industrial internet, and others.
The report on the infrastructure sector in China market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Infrastructure Sector in China Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Infrastructure Segment (Extraction Infrastructure[Water, Power Generation, Telecoms, Electricity Transmission & Distribution, and Gas], Social Infrastructure[Defense, Schools, Hospitals, and Others], Manufacturing Infrastructure[Chemical Manufacturing, Petroleum Refining, Industrial Parks and Clusters, Metal and Ore Production, and Others], and Transportation Infrastructure[Airports, Railways, Waterways, and Roadways]) |
Country |
China |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Power Construction Corporation of China, China Railway Construction, China State Construction Engineering, China Communication Construction Company, and China Railway Group |
Based on infrastructure, the infrastructure sector in China is divided into extraction infrastructure, social infrastructure, manufacturing infrastructure, and transportation infrastructure. The extraction infrastructure sector is further categorized as water, power generation, telecoms, electricity transmission & distribution, and gas. The social infrastructure is classified as defense, schools, hospitals, and others. The manufacturing infrastructure is segmented into chemical manufacturing, petroleum refining, industrial parks and clusters, metal and ore production, and others. The transportation infrastructure is segregated into airports, railways, waterways, and roadways.
Transportation infrastructure include installation of terminal, airways, railway station, bus station, roads, canals, as well as pipelines such as refueling depots, seaports, and trucking terminals. The transportation segment is expected to account for a key share of the market during the forecast period due to rising demand for high-speed railways and large investments in the railway projects. China is boosting its railway freight capacity to control pollution and traffic congestion. There is rise of 7.9% in the first three quarters in the rail freight. However, major cities of China released its infrastructure budget and investment plan.
The infrastructure sector in China market has been segmented on the basis of
Key players competing in the infrastructure sector in china market include Power Construction Corporation of China, China Railway Construction, China State Construction Engineering, China Communication Construction Company, and China Railway Group. Some of these players are involved in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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