The market is dominated by domestic suppliers, as imports account for 11.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.4% of total demand in 2022. China has the largest market size for electricity distribution and control apparatus regionally, with demand reaching USD218 billion in 2022. Chint Group Corp is the largest company in China, generating 1.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 4.3% of total production value in 2022. The total number of companies decreases in 2022, to 95,873 units. The costs of the industry increase by 15.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 10.1% of production value in 2022, the 12th highest regionally. The industry’s exports share decreases in 2022 to 15.7% of total production output. With production value of USD216 billion, China accounts for 70.9% of the Asia Pacific total in 2022.
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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
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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