The market is dominated by domestic suppliers, as imports account for 7.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 98.9% of total demand in 2024. China has the largest market size for electricity distribution and control apparatus regionally, with demand reaching USD266 billion in 2024. Chint Group Corp is the largest company in China, generating 1.8% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 4.4% of total production value in 2024. The total number of companies increases in 2024, to 305,825 units. The costs of the industry increase by 3% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 11.1% of production value in 2024, the 12th highest regionally. The industry’s exports share increases in 2024 to 13.7% of total production output. With production value of USD268 billion, China accounts for 75.8% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in China: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in China: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in China report includes:
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Electricity Distribution and Control Apparatus in China: ISIC 312
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Hi-tech Goods
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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