China Electric Power Transmission And Distribution Equipment Market Size & Outlook
The electric power transmission and distribution equipment market in China is expected to reach a projected revenue of US$ 68.3 billion by 2030. A compound annual growth rate of 7.6% is expected of China electric power transmission and distribution equipment market from 2023 to 2030.
Revenue, 2022 (US$B)
$38.2
Forecast, 2030 (US$B)
$68.3
CAGR, 2023 - 2030
7.6%
Report Coverage
China
China Electric Power Transmission And Distribution Equipment Market, 2018-2030 (US$B)
Global Market
Related Markets
China electric power transmission and distribution equipment market highlights
- The China electric power transmission and distribution equipment market generated a revenue of USD 38.2 billion in 2022 and is expected to reach USD 68.3 billion by 2030.
- The China market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, cables & lines was the largest revenue generating product in 2022.
- Insulators & Fittings is the most lucrative product segment registering the fastest growth during the forecast period.
Electric power transmission and distribution equipment market data book summary
| Market revenue in 2022 | USD 38.2 billion |
| Market revenue in 2030 | USD 68.3 billion |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Cables & lines |
| Fastest growing segment | Insulators & Fittings |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Transformer, Switchgear, Insulators & Fittings, Cables & Lines |
| Key market players worldwide | ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corp PLC, GE Renewable Energy |
Other key industry trends
- In terms of revenue, China accounted for 18.2% of the global electric power transmission and distribution equipment market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China electric power transmission and distribution equipment market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 30.1 billion by 2030.
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Electric Power Transmission And Distribution Equipment Market Scope
Electric Power Transmission And Distribution Equipment Market segmentation & scope
Electric Power Transmission And Distribution Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| GE Renewable Energy | View profile | 10001+ | Boulogne-billancourt, Ile-de-France, France, Europe | www.ge.com/renewableenergy |
China Electric Power Transmission And Distribution Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Electric Power Transmission And Distribution Equipment Market Outlook will help companies and investors design strategic landscapes.
Cables & Lines was the largest segment with a revenue share of 26.96% in 2022.
Horizon Databook has segmented the China electric power transmission and distribution equipment market based on transformer, switchgear, insulators & fittings, cables & lines covering the revenue growth of each sub-segment from 2018 to 2030.
- China Electric Power Transmission And Distribution Equipment Market Products Outlook (Revenue, USD Billion , 2018-2030)
- Transformer
- Switchgear
- Insulators & Fittings
- Cables & Lines
- Others
- China Electric Power Transmission And Distribution Equipment Market Sales Channel Outlook (Revenue, USD Billion , 2018-2030)
- Indirect Channel
- Direct Channel
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Horizon Databook provides a detailed overview of country-level data and insights on the China Electric Power Transmission And Distribution Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Electric Power Transmission And Distribution Equipment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Electric Power Transmission And Distribution Equipment Market, 2018-2030 (US$B)
China electric power transmission and distribution equipment market statistics, by product, 2018-2030 (USD Billion)
