Smart grid sector's market size APAC 2023-2028, by end user

Published by K. Tran, Oct 2, 2025

In 2023, the residential user segment of the smart grid market in the Asia-Pacific region was valued at about

*
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
****
billion dollars by 2028.

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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 (in billion U.S. dollars)

CharacteristicCommercialIndustrialResidential
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Statistic: 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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Release date

January 2024

Region

Asia, APAC

Survey time period

2023

Supplementary notes

* Forecast.

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