In 2023, electricity consumption in China's manufacture of measuring instruments and machinery for cultural activity and office work was at a certain level, with the forecast starting at 80.6 hundred million kilowatthours in 2024. From 2024 to 2028, there is a steady increase in consumption, showing annual growth between 0.74% and 0.61%. This consistent rise signifies a compound annual growth rate (CAGR) over these five years.
- The expected increase from 2024 to 2025 is 0.82%.
- The rise from 2025 to 2026 is projected at 0.75%.
- For 2026 to 2027, the growth is predicted at 0.68%.
- Finally, 2027 to 2028 will likely see a 0.61% ascent.
With growing technological advancement and increased industrial activity, expect continued demand for electricity in this sector. Monitoring China's economic policies and global technological trends will be crucial to understanding future consumption changes.
