With the increase in the usage of microgrids control system and other smart grid systems, which enables companies to monitor, control, and analyze grid functioning from a central control center, there is a vast untapped potential of advanced analytics tools and techniques, such as the big data platform and cloud computing. The favorable government regulations promoting smart grid solutions and exponentially increasing adoption of smart meters are also expected to drive the demand for big data analytics among utility vendors. In 2016, more than USD 10 billion was invested by utility companies in deploying around 700 million smart meters. This resulted in generation of more than 100 petabytes of data per year. Also, the Chinese State Grid Corporation planned to install 380 million smart meters in the country by 2020. Due to the these factors, the market studied has a huge opportunity over the forecast period.

由于上年基数较高及今年经济增长动能减弱，2019 年上半年我国用电需求全面放缓：1-5 月，全社会用电量累计27993 亿千瓦时，同比增长4.9%。在电力需求相对疲软的情况下，叠加清洁能源大发挤压火电出力空间，1-5 月份火电累计发电量约为20408.8 亿千瓦时，同比仅增长0.2%。需求偏弱使得上半年煤价缺乏高位支撑，2019 年1-6 月秦港动力煤（Q5500）平仓价均值605.57 元/吨，同比降低59.67 元/吨，降低幅度达到8.97%。

近两周（2019 年07 月01 日-2019 年07 月14 日），上证综指下跌1.62%、深证成指上涨0.38%、中小板指下跌0.93%、创业板指上涨0.43%，中证军工上涨1.10%。中信军工上涨1.36%，在29 个行业中涨幅排名第四。中信军工细分板中，航天航空上涨1.11%，兵器兵装下跌0.22%，其他军工上涨2.02%。

年初至今，国防军工指数上涨25.92%，跑赢上证综指（19.45%）、创业板指(20.87%），跑输沪深300（27.07%）。国防军工板块在申万28个一级行业涨跌幅排名中，排名靠前。