China Electric Power Transmission and Distribution Equipment Market Size & Outlook, 2025-2033
China Electric Power Transmission and Distribution Equipment Market Size
According to Straits Research analysis, the China Electric Power Transmission and Distribution Equipment Market was valued at USD 29356.12 Million in 2024 and is expected to reach USD 57929.45 Million by 2033, expanding at a CAGR of 7.9% during the forecast period. The rising demand in industries such as agriculture, chemicals, and energy serves as a significant growth factor for the market. This growth is driven primarily by the industrial advancements and the implementation of electric utilities in agricultural practices, which require an efficient power transmission and distribution system. Emerging trends, including sustainability, green production, and advanced technologies, are also catalyzing the market growth. Lastly, China's potential for exporting its electric power transmission and distribution equipment provides an advantage, positioning the country to become a significant global player in the market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Electric Power Transmission and Distribution Equipment Market Highlights
- In 2024, Transformer accounted for the highest share of the Type market size.
- During the forecast period, Others is set to register the highest growth, making it the most lucrative Type segment.
- As of 2024, China held 12.17% of the global electric power transmission and distribution equipment market size.
- By 2033, United States is anticipated to capture the largest share of the global electric power transmission and distribution equipment market.
- In Asia Pacific, China is expected to lead the regional electric power transmission and distribution equipment market size by 2033.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 58503 Million by 2033.
China Electric Power Transmission and Distribution Equipment Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 29356.12 Million |
| Market Size In 2033 | USD 57929.45 Million |
| Largest segment | Transformer |
| Fastest segment | Others |
| Units | Revenue in USD Million |
| CAGR | 7.9% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| Voltage Level |
|
| End Use |
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China Electric Power Transmission and Distribution Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Electric Power Transmission and Distribution Equipment Market By Voltage Level 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
China Electric Power Transmission and Distribution Equipment Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
