Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective
The study of matching degree between energy equipment manufacturing and market demand is crucial for energy enterprises to adjust business strategies, expand market share, and develop sustainably. Considering that the current electricity market evaluation indicators are rarely selected from a global...
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| Format: | Article |
| Language: | English |
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Wiley
2021-01-01
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| Series: | Complexity |
| Online Access: | http://dx.doi.org/10.1155/2021/5565087 |
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| _version_ | 1832550510986526720 |
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| author | Yirui Deng Yimin Chen Guowei Gao |
| author_facet | Yirui Deng Yimin Chen Guowei Gao |
| author_sort | Yirui Deng |
| collection | DOAJ |
| description | The study of matching degree between energy equipment manufacturing and market demand is crucial for energy enterprises to adjust business strategies, expand market share, and develop sustainably. Considering that the current electricity market evaluation indicators are rarely selected from a global perspective and a single evaluation method may lead to one-sided results, this article takes the technology and equipment related to electric energy as the research object and selects six indicators, including technical standards, qualification certification, export methods, after-sales service, market concentration, and product concentration. By analyzing the supply and demand characteristics of major global regional markets and the situation of Chinese power enterprises in these markets, we propose matching model cluster including osculating value method, rank-sum ratio method, ideal point method, entropy value method, and efficacy coefficient method to conduct the matching degree study. The results show that the overall market matching degree of Chinese power companies is good, especially in Southeast Asia, Central Asia, and Africa. For markets with a low degree of matching, we analyze the reasons based on the matching indicators values to provide companies with corresponding strategies and recommendations. |
| format | Article |
| id | doaj-art-ad89c78b33d5422eba6e875fa459f27b |
| institution | Kabale University |
| issn | 1076-2787 1099-0526 |
| language | English |
| publishDate | 2021-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Complexity |
| spelling | doaj-art-ad89c78b33d5422eba6e875fa459f27b2025-02-03T06:06:31ZengWileyComplexity1076-27871099-05262021-01-01202110.1155/2021/55650875565087Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global PerspectiveYirui Deng0Yimin Chen1Guowei Gao2School of Economics and Management, China University of Petroleum (East China), Qingdao 266580, ChinaSchool of Economics and Management, China University of Petroleum (East China), Qingdao 266580, ChinaState Grid Energy Research Institute Co., Ltd., Beijing 102209, ChinaThe study of matching degree between energy equipment manufacturing and market demand is crucial for energy enterprises to adjust business strategies, expand market share, and develop sustainably. Considering that the current electricity market evaluation indicators are rarely selected from a global perspective and a single evaluation method may lead to one-sided results, this article takes the technology and equipment related to electric energy as the research object and selects six indicators, including technical standards, qualification certification, export methods, after-sales service, market concentration, and product concentration. By analyzing the supply and demand characteristics of major global regional markets and the situation of Chinese power enterprises in these markets, we propose matching model cluster including osculating value method, rank-sum ratio method, ideal point method, entropy value method, and efficacy coefficient method to conduct the matching degree study. The results show that the overall market matching degree of Chinese power companies is good, especially in Southeast Asia, Central Asia, and Africa. For markets with a low degree of matching, we analyze the reasons based on the matching indicators values to provide companies with corresponding strategies and recommendations.http://dx.doi.org/10.1155/2021/5565087 |
| spellingShingle | Yirui Deng Yimin Chen Guowei Gao Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective Complexity |
| title | Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective |
| title_full | Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective |
| title_fullStr | Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective |
| title_full_unstemmed | Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective |
| title_short | Empirical Analysis of the Matching Degree between Energy Equipment Manufacturing and Market Demand: A Global Perspective |
| title_sort | empirical analysis of the matching degree between energy equipment manufacturing and market demand a global perspective |
| url | http://dx.doi.org/10.1155/2021/5565087 |
| work_keys_str_mv | AT yiruideng empiricalanalysisofthematchingdegreebetweenenergyequipmentmanufacturingandmarketdemandaglobalperspective AT yiminchen empiricalanalysisofthematchingdegreebetweenenergyequipmentmanufacturingandmarketdemandaglobalperspective AT guoweigao empiricalanalysisofthematchingdegreebetweenenergyequipmentmanufacturingandmarketdemandaglobalperspective |