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China, India and the U.S. will be the driving forces for the global power transmission and distribution conductors markets over the next four years, according to leading data and analytics company Global Data on Wednesday.
"The aggregated market values of the three nations [China, India and U.S.] are estimated to account for 63.7 percent and 41 percent, respectively of the global transmission and distribution conductors' markets values in 2022," the company said.
The global market value of power transmission and distribution conductor markets are estimated to be valued at $29.58 billion and $114.38 billion in the forecast period 2018–2022, Global Data shows.
The markets were valued at $25.99 billion and $103.50 billion, respectively during the period from 2013 to 2017.
Britain's BT Group said on Wednesday it was removing Huawei Technologies' equipment from the core of its existing 3G and 4G mobile operations and would not use the Chinese company in central parts of the next network.New Zealand and Australia have stopped telecom operators using Huawei's equipment in new 5G networks because they are concerned about possible Chinese government involvement in their communications infrastructure.Huawei, the world's biggest network equipment maker ahead of Ericsson and Nokia, has said Beijing has no influence over its operations.BT said Huawei's equipment had not been used in the core of its fixed-line network, and it was removing it from the core of the mobile networks it acquired when it bought operator EE.Huawei seeks clarification after NZ intelligence agency rejects 5G bidIt said the process was to bring the EE networks into line with the rest of its business rather than a change of policy."In 2016, following the acquisition of EE, we began a process to remove Huawei equipment from the core of our 3G and 4G networks, as part of network architecture principles in place since 2006," a BT spokesman said.He said the company would apply the same principles to its next-generation mobile networks."As a result, Huawei have not been included in vendor selection for our 5G core," he said."Huawei remains an important equipment provider outside the core network, and a valued innovation partner," he added.NZ intelligence agency rejects first Huawei 5G bid, cites securityThe chief of Britain's foreign intelligence services said this week that 5G reliance on Chinese technology was something Britain needed to discuss.Huawei has been in Britain for more than 17 years, with its equipment checked and monitored by a special company laboratory overseen by government and intelligence operators.Huawei said it had been working with BT for almost 15 years, and since the beginning of its partnership, BT had been operating on a principle of different vendors for different layers of its network."This is a normal and expected activity, which we understand and fully support," it said in a statement.It said it began working with EE in 2012, and had supplied the mobile operators with 3G and 4G network solutions, including core network equipment."We have never had a cyber security-related incident," it said. "Huawei has a robust cyber security assurance system and a proven track record."
Britain's BT to strip China's Huawei from core networks, limit 5G access
Environmental factors, fuel resource constraints, geo-political risks and evolving technologies are transforming the global power sector, Global Data said.
Developed nations with established power networks are expected to focus on transitioning their power systems to reduce environmental impacts or on gradual replacement of aging assets.
According to the report, connecting remote power generation with far-off load centers in countries such as China, Germany, and South Africa, and the push for an interconnected grid in the EU and Japan, present the need for new transmission infrastructure to facilitate power supply to consumers and to maintain grid flexibility.
Russia will develop missiles now banned under the Intermediate-range Nuclear Forces treaty if the United States exits the arms control pact and starts making such weapons, President Vladimir Putin said on Wednesday.The United States delivered Russia a 60-day ultimatum on Tuesday to come clean about what Washington says is a violation of the 1987 nuclear arms control treaty, saying it would be forced to start a six-month process of withdrawal if nothing changes.Putin, in televised comments, accused the United States of blaming Russia for violations as a pretext for Washington to exit the pact.Putin noted that many countries produce missiles banned under the INF treaty, but that Moscow and Washington had undertaken to limit themselves with the accord signed in 1987."Now it seems our American partners believe that the situation has changed so much that the United States must also have such a weapon. What's our response? It's simple: in that case we will also do this," he said.Saudi energy minister meets US Iran envoy in Vienna ahead of OPECSlovakia expels Russian diplomat, says engaged in espionageRussia holds drills in Black Sea region amid Ukraine tensionsRussia: US looks to bolster military presence in Cyprus
Putin: Russia will make banned missiles if US exits arms treaty