Home/Energy and Power/Power Transmission/China Smart Grid Market

China Smart Grid Market - Strategic Insights and Forecasts (2023-2028)

Analysis of smart grid adoption across utilities, transmission networks, and urban infrastructure in China.

$3,350
Single User License

Report Overview

The China smart grid market was valued at US$11,196 million in 2021 and is projected to expand at a CAGR of 9.13% over the forecast period to reach US$20,644.227 million by 2028. 

China Smart Grid Market Highlights
China smart grid market data tables and charts
Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis.
Market assessment by function into generation, transmission, and distribution.
Detailed market trends, analysis, and graphical representation by components into hardware and software.
In-depth analysis of the China smart grid market by services in operation and maintenance, professional services, and others. 

This research study examines the China smart grid market based on various segments: function, components, and services. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes China’s smart grid industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting China’s smart grid market. Moreover, the research study analyzes the overall regulatory framework of China’s smart grid sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

China smart grid market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the China smart grid market report are as below:

Different segments covered under the China smart grid market report are as below:

  • By Function

    • Generation

    • Transmission

    • Distribution

  • By Component

    • Hardware

      • Transformers

      • Circuit Breakers

      • SCADA Devices

      • Safety Devices

      • Programmable Logic Controllers

      • Network Sensors

      • Others

    • Software

      • Advanced Metering Infrastructure

      • Power Delivery and Communication Management

      • Sub-Station Automation

      • Asset Management

      • Smart Billing Management

      • Others

  • By Services

    • Operation and Maintenance

    • Professional Services

    • Others

Table of Contents

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. CHINA SMART GRID MARKET, BY FUNCTION

5.1. Introduction

5.2. Generation

5.3. Transmission

5.4. Distribution

6. CHINA SMART GRID MARKET, BY COMPONENT

6.1. Introduction

6.2. Hardware

6.2.1. Transformers

6.2.2. Circuit Breakers

6.2.3. SCADA Devices

6.2.4. Safety Devices

6.2.5. Programmable Logic Controllers

6.2.6. Network Sensors

6.2.7. Others

6.3. Software

6.3.1. Advanced Metering Infrastructure

6.3.2. Power Delivery and Communication Management

6.3.3. Sub-Station Automation

6.3.4. Asset Management

6.3.5. Smart Billing Management

6.3.6. Others

7. CHINA SMART GRID MARKET, BY SERVICES 

7.1. Introduction

7.2. Operation and Maintenance

7.3. Professional Services

7.4. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. Siemens AG

9.2. ABB Limited

9.3. General Electric Company

9.4. IBM Corporation

9.5. Henan Pinggao Electric Co., Ltd.

9.6. Gridpoint

9.7. Cisco

9.8. KEMA

9.9. Berkeley Lab

9.10. Accenture

Request Customization

Tell us your specific requirements and we will customize this report for you.

📞

Your data is secure. We do not share information with any third party.

Download Free Sample

Get a sample copy of this report with charts, TOC, and methodology.

📞

Your data is secure. We do not share information with any third party.

Speak to Analyst

Ask our analysts any questions you have about this market research report.

📞

Your data is secure. We do not share information with any third party.

China Smart Grid Market Report

Report IDKSI061611355
PublishedMar 2026
Pages114
FormatPDF, Excel, PPT, Dashboard

Need Assistance?

Our research team is available to answer your questions.

Contact Us

Trusted by the world's leading organizations

Weber Shandwick
veolia
Tri
tls
TeamViewer
GE Healthcare
Intel
Proctor and Gamble
ABB
Elkem
Defense Logistics Agency
Amazon