China Smart Grid Network Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

China Smart Grid Network Market is segmented by application (transmission upgrades, substation automation, advanced metering infrastructure (AMI), and distribution automation). The report offers the market size and forecasts for the smart grid network market in terms of revenue (USD million) for all the above segments.

China Smart Grid Network Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

China Smart Grid Network Market Size

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China Smart Grid Network Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
CAGR 14.32 %
Market Concentration Medium

Major Players

China Smart Grid Network Market Major Players

*Disclaimer: Major Players sorted in no particular order

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China Smart Grid Network Market Analysis

The China Smart Grid Network Market is expected to register a CAGR of 14.32% during the forecast period.

The outbreak of COVID-19 had a negative effect on the market. Currently, the market has reached pre-pandemic levels.

  • Things like increased spending on ultra-high voltage projects and renewable energy are likely to drive the market during the forecast period.
  • But things like high installation costs and worries about the environment related to installing fossil fuel power plants are likely to slow market growth over the next few years.
  • Substations are one of the most critical parts of an electrical energy system, with many costly pieces of equipment and operations. Smart automation techniques are being used more and more in these substations instead of manually processing data. This makes the automated system run quickly and accurately and ensures a reliable electricity network and feedback data. During the forecast period, market players will have a chance to take advantage of China's growing need for electricity and growing focus on clean energy, which will lead to new-generation projects and the repair of old transmission systems.

China Smart Grid Network Industry Overview

The Chinese smart grid network market is consolidated, with nearly 80% of the market operated by the State Grid Corporation of China. The key international and domestic vendors involved in the market (in no particular order) include ABB Ltd., Siemens AG, General Electric Company, International Business Machines Corporation, and Huawei Technologies Co., among others.

China Smart Grid Network Market Leaders

  1. ABB Ltd

  2. Siemens AG

  3. General Electric Company

  4. International Business Macgine Corporation

  5. Huawei Technologies Co.

  6. *Disclaimer: Major Players sorted in no particular order
China Smart Grid Network Market Concentration
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China Smart Grid Network Market News

  • June 2022: The State Grid Corporation of China announced that the company would invest an all-time high of more than USD 74.5 billion in power grid projects in 2022.
  • October 2022: The State Grid Corporation of China (SGCC) announced that it would deploy a Nokia solution, aiming to use automation to better monitor electrical power production and distribution status in real-time, using IoT sensors throughout their infrastructure.

China Smart Grid Network Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD million, till 2028
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION - BY APPLICATION

  • 5.1 Transmission Upgrades
  • 5.2 Substation Automation
  • 5.3 Advance Metering Infrastructure (AMI)
  • 5.4 Distribution Automation

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 International Vendors
    • 6.3.1.1 Siemens AG
    • 6.3.1.2 Landis+Gyr Group AG
    • 6.3.1.3 ABB Ltd
    • 6.3.1.4 General Electric Company
    • 6.3.1.5 International Business Machines Corporation
    • 6.3.1.6 Silicon Labs
    • 6.3.2 Chinese Vendors
    • 6.3.2.1 Henan Pinggao Electric Co. Ltd.
    • 6.3.2.2 ZTE Corporation
    • 6.3.2.3 Huawei Technologies Co. Ltd.
    • 6.3.2.4 Jiangsu Linyang Energy Co. Ltd.
    • 6.3.2.5 Waision Group Holdings Limited
    • 6.3.2.6 Shenzhen Clou Electronics Co.
    • 6.3.2.7 Nigbo Sanxing Electric Co.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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China Smart Grid Network Industry Segmentation

Smart Grid is an electrical grid with communication, automation, and IT systems that can monitor power flows from points of generation to points of consumption and control the power flow or curtail the load to match generation in real-time. China's smart grid network market is segmented by application into transmission upgrades, substation automation, advanced metering infrastructure (AMI), and distribution automation. For each segment, the market sizing and forecasts have been done based on revenue (USD million).

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China Smart Grid Network Market Research FAQs

What is the current China Smart Grid Network Market size?

The China Smart Grid Network Market is projected to register a CAGR of 14.32% during the forecast period (2025-2030)

Who are the key players in China Smart Grid Network Market?

ABB Ltd, Siemens AG, General Electric Company, International Business Macgine Corporation and Huawei Technologies Co. are the major companies operating in the China Smart Grid Network Market.

What years does this China Smart Grid Network Market cover?

The report covers the China Smart Grid Network Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Smart Grid Network Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

China Substation Monitoring Industry Report

Statistics for the 2025 China Smart Grid Network market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. China Smart Grid Network analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.