What is the market size for the smart grid market in china?

The Market is expected to grow by $ 25851.7 mn in 2024-2028. <a href='https://www.technavio.com/report/china-smart-grid-market-analysis'>Read More</a>

What is the CAGR for the smart grid market in china?

20.65% CAGR with $ 25851.7 mn Momentum. <a href='https://www.technavio.com/report/china-smart-grid-market-analysis'>Read More</a>

What is the growth rate of the Smart Grid Market in China market?

20.65% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/china-smart-grid-market-analysis'>Read More</a>

Which region held the largest market share in the Smart Grid Market in China market?

APAC with 100% of the market growth. <a href='https://www.technavio.com/report/china-smart-grid-market-analysis'>Read More</a>

Who are the prominent players in the Smart Grid Market in China market?

ABB Ltd., Atop Technologies, Cisco Systems Inc., dSPACE GmbH, General Electric Co., HONGFA, Huawei Technologies Co. Ltd., International Business Machines Corp., KPMG International Ltd., McKinsey .... <a href='https://www.technavio.com/report/china-smart-grid-market-analysis'>Read More</a>

Smart Grid Market Analysis China - China - Size and Forecast 2024-2028

Published: Jul 2024
Pages: 145
SKU: IRTNTR75670

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China Smart Grid Market Size 2024-2028

The China smart grid market size is forecast to increase by USD 25.85 billion, at a CAGR of 20.65% between 2023 and 2028. Market growth is influenced by several key factors, including the widespread adoption of smart grid IT systems, strict government regulations aimed at reducing carbon emissions, and the rapid implementation of smart grid technology. The transition toward remote terminal units (RTU) in smart grids represents a significant advancement in energy infrastructure, facilitating improved efficiency, reliability, and sustainability. Furthermore, government regulations designed to mitigate carbon emissions are driving investments in cleaner energy solutions, thereby supporting market growth. The swift integration of smart grid technology reflects the industry's acknowledgment of its transformative capacity to modernize energy distribution and management systems. These interconnected elements collectively foster innovation and investment in the smart grid market, positioning it as a crucial facilitator of sustainable energy solutions in the journey toward a greener future.

What will be the size of the China Smart Grid Market During the Forecast Period?

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China: Year-over-year growth 2023-2028 (%)
- Data Table on China: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Smart Grid Market in China 2018 - 2022
- Historic Market Size - Data Table on Smart Grid Market in China 2018 - 2022 ($ million)

4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)

4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)

6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

6.3 Smart T and D equipment - Market size and forecast 2023-2028
- Chart on Smart T and D equipment - Market size and forecast 2023-2028 ($ million)
- Data Table on Smart T and D equipment - Market size and forecast 2023-2028 ($ million)
- Chart on Smart T and D equipment - Year-over-year growth 2023-2028 (%)
- Data Table on Smart T and D equipment - Year-over-year growth 2023-2028 (%)

6.4 Communication and wireless infrastructure - Market size and forecast 2023-2028
- Chart on Communication and wireless infrastructure - Market size and forecast 2023-2028 ($ million)
- Data Table on Communication and wireless infrastructure - Market size and forecast 2023-2028 ($ million)
- Chart on Communication and wireless infrastructure - Year-over-year growth 2023-2028 (%)
- Data Table on Communication and wireless infrastructure - Year-over-year growth 2023-2028 (%)

6.5 Software and hardware - Market size and forecast 2023-2028
- Chart on Software and hardware - Market size and forecast 2023-2028 ($ million)
- Data Table on Software and hardware - Market size and forecast 2023-2028 ($ million)
- Chart on Software and hardware - Year-over-year growth 2023-2028 (%)
- Data Table on Software and hardware - Year-over-year growth 2023-2028 (%)

6.6 Sensors - Market size and forecast 2023-2028
- Chart on Sensors - Market size and forecast 2023-2028 ($ million)
- Data Table on Sensors - Market size and forecast 2023-2028 ($ million)
- Chart on Sensors - Year-over-year growth 2023-2028 (%)
- Data Table on Sensors - Year-over-year growth 2023-2028 (%)

6.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

6.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

7.3 Utility - Market size and forecast 2023-2028
- Chart on Utility - Market size and forecast 2023-2028 ($ million)
- Data Table on Utility - Market size and forecast 2023-2028 ($ million)
- Chart on Utility - Year-over-year growth 2023-2028 (%)
- Data Table on Utility - Year-over-year growth 2023-2028 (%)

7.4 Industrial - Market size and forecast 2023-2028
- Chart on Industrial - Market size and forecast 2023-2028 ($ million)
- Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
- Chart on Industrial - Year-over-year growth 2023-2028 (%)
- Data Table on Industrial - Year-over-year growth 2023-2028 (%)

7.5 Commercial - Market size and forecast 2023-2028
- Chart on Commercial - Market size and forecast 2023-2028 ($ million)
- Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
- Chart on Commercial - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial - Year-over-year growth 2023-2028 (%)

7.6 Residential - Market size and forecast 2023-2028
- Chart on Residential - Market size and forecast 2023-2028 ($ million)
- Data Table on Residential - Market size and forecast 2023-2028 ($ million)
- Chart on Residential - Year-over-year growth 2023-2028 (%)
- Data Table on Residential - Year-over-year growth 2023-2028 (%)

7.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Opportunity/Restraints

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

9.4 Market opportunities/restraints

10 Competitive Landscape

10.1 Overview

10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

10.3 Landscape disruption
- Overview on factors of disruption

10.4 Industry risks
- Impact of key risks on business

11 Competitive Analysis

11.1 Companies profiled
- Companies covered

11.2 Market positioning of companies
- Matrix on companies position and classification

11.3 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus

11.4 Atop Technologies
- Atop Technologies - Overview
- Atop Technologies - Product / Service
- Atop Technologies - Key offerings

11.5 Cisco Systems Inc.
- Cisco Systems Inc. - Overview
- Cisco Systems Inc. - Business segments
- Cisco Systems Inc. - Key news
- Cisco Systems Inc. - Key offerings
- Cisco Systems Inc. - Segment focus

11.6 dSPACE GmbH
- dSPACE GmbH - Overview
- dSPACE GmbH - Product / Service
- dSPACE GmbH - Key offerings

11.7 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus

11.8 HONGFA
- HONGFA - Overview
- HONGFA - Product / Service
- HONGFA - Key offerings

11.9 Huawei Technologies Co. Ltd.
- Huawei Technologies Co. Ltd. - Overview
- Huawei Technologies Co. Ltd. - Product / Service
- Huawei Technologies Co. Ltd. - Key news
- Huawei Technologies Co. Ltd. - Key offerings

11.10 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus

11.11 KPMG International Ltd.
- KPMG International Ltd. - Overview
- KPMG International Ltd. - Business segments
- KPMG International Ltd. - Key offerings
- KPMG International Ltd. - Segment focus

11.12 McKinsey and Co.
- McKinsey and Co. - Overview
- McKinsey and Co. - Product / Service
- McKinsey and Co. - Key offerings

11.13 Shanghai Electric Group Co.
- Shanghai Electric Group Co. - Overview
- Shanghai Electric Group Co. - Product / Service
- Shanghai Electric Group Co. - Key offerings

11.14 Shenzhen Clou Electronics Co.
- Shenzhen Clou Electronics Co. - Overview
- Shenzhen Clou Electronics Co. - Product / Service
- Shenzhen Clou Electronics Co. - Key offerings

11.15 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus

11.16 Silicon Laboratories Inc.
- Silicon Laboratories Inc. - Overview
- Silicon Laboratories Inc. - Product / Service
- Silicon Laboratories Inc. - Key news
- Silicon Laboratories Inc. - Key offerings