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Smart grid sector's market size APAC 2020-2028

Published by Statista Research Department, Apr 12, 2024

In 2023, the market size of smart grid networks in the Asia-Pacific region was valued at approximately 9.96 billion U.S. dollars. The smart grids market size in the region was forecast to increase significantly over the next years and is set to reach around 16.3 billion dollars by 2028.

Market size of smart grid technologies in the Asia-Pacific region from 2020 to 2023, with a forecast for 2028 (in billion U.S. dollars)

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Release date

January 2024

Region

Asia, APAC

Survey time period

2020 to 2023

Supplementary notes

* Forecast.

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