Dc market overall size – Industry segmentation

China’s Domestic Low-voltage Electrical DC Market Size Segmentation Industry (2018/2023/2028E)

A6312/06 Note: The darker the red, the higher the growth rate

Data source: Gewu wins interviews and industry accumulation

New energy market share and development potential:

In the DC market in 2023, the new energy business accounted for more than 50%, the growth rate exceeded 20%, and the business performance was outstanding. The setting and promotion of the “14th Five-Year Plan” dual carbon goal, the development of new energy fields such as scenery storage has been highly valued and policy support; The number of projects is growing rapidly, the demand for DC products is surging, and the development prospects of the new energy market are broad.

Investment and development of new infrastructure:

A6312/06 Data center, charging facilities and rail transit are the representative industries in the new infrastructure field, and the development speed is fast; In the field of data center, the development from high-speed to high-quality, the market size continues to grow, and the demand for DC products increases; In the field of charging facilities, in order to achieve the national new energy vehicle planning, charging facilities have become the focus of development, and the market size has maintained a stable and rapid growth trend, showing strong growth potential; In the field of rail transit, the scale of the industry continues to expand, and second – and third-tier and emerging city projects are increasing year by year, injecting new vitality into the rail transit market.