In 2023, the residential user segment of the smart grid market in the Asia-Pacific region was valued at about 5 billion U.S. dollars, accounting for the largest segment share. The residential smart grid segment was forecast to grow considerably over the next years and is set to reach around 7.51 billion dollars by 2028.
Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user
(in billion U.S. dollars)
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Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user
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Tanalyze. (January 2, 2024). Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/
Tanalyze. "Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user (in billion U.S. dollars)." Chart. January 2, 2024. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/
Tanalyze. (2024). Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/
Tanalyze. "Market Size of Smart Grid Technologies in The Asia-pacific Region in 2023, with a Forecast for 2028, by End User (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Jan 2024, https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/
Tanalyze, Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/ (last visited May 12, 2025)
Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by end user (in billion U.S. dollars) [Graph], Tanalyze, January 2, 2024. [Online]. Available: https://www.statista.com/statistics/1460094/apac-smart-grid-market-size-by-end-user/
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