Smart grid market in China 2024-2028

List of Tables

Global Smart Grid Market In China 2024-2028

The smart grid market in china is forecasted to grow by USD 25851.7 mn during 2023-2028, accelerating at a CAGR of 20.65% during the forecast period. The report on the smart grid market in china provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus on renewable energy integration, strict regulations by governments to reduce carbon emissions, and rapid adoption of smart grid technology.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	15.57%
CAGR	20.65%
Incremental Value	$25851.7mn

Technavio's smart grid market in china is segmented as below:

By Application

Smart T and D equipment
Communication and wireless infrastructure
Software and hardware
Sensors
Others

By End-user

Utility
Industrial
Commercial
Residential

By Geographical Landscape

APAC

This study identifies the growing demand for energy and cost-efficiency as one of the prime reasons driving the smart grid market in china growth during the next few years. Also, increasing investment by vendors and growing use of smart devices and applications by utility companies will lead to sizable demand in the market.

The report on the smart grid market in china covers the following areas:

Smart grid market in china sizing
Smart grid market in china forecast
Smart grid market in china industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart grid market in china vendors that include 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 and Co., Shanghai Electric Group Co., Shenzhen Clou Electronics Co., Siemens AG, Silicon Laboratories Inc., and ZTE Corp.. Also, the smart grid market in china analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75670

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
11.17 ZTE Corp.
- ZTE Corp. - Overview
- ZTE Corp. - Business segments
- ZTE Corp. - Key offerings
- ZTE Corp. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
12.3 Currency conversion rates for US$
- Currency conversion rates for US$
12.4 Research methodology
- Research methodology
12.5 Data procurement
- Information sources
12.6 Data validation
- Data validation
12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
12.8 Data synthesis
- Data synthesis
12.9 360 degree market analysis
- 360 degree market analysis
12.10 List of abbreviations
- List of abbreviations