Electric power infrastructure market seen topping $397 billion by 2030

By AI, Created 2:46 PM UTC, May 22, 2026, /AGP/ – The Business Research Company says the global electric power infrastructure market will reach $396.58 billion in 2030, driven by renewable integration, electrification and grid upgrades. Asia Pacific is forecast to be the largest region, while China is expected to be the biggest single country market.

Why it matters: - The electric power infrastructure market is projected to reach $396.58 billion by 2030, underscoring sustained spending on power systems, grid reliability and energy transition projects. - The market is expected to account for nearly 4% of the broader utilities industry by 2030. - The market is projected to represent about 9% of the parent electric power transmission, control and distribution market.

What happened: - The Business Research Company released its Electric Power Infrastructure Market Report 2026, covering market size, trends and global forecasts for 2026-2035. - The report estimates the market will grow at a 6.3% CAGR through 2030. - Asia Pacific is forecast to be the largest regional market in 2030, at $199 billion. - China is expected to be the largest country market in 2030, at $97 billion. - Generation infrastructure is projected to be the largest segment by type in 2030, at $116 billion, or 29% of the market. - The report says the most significant growth opportunities are in generation, transmission, distribution, renewable energy and non-renewable energy infrastructure.

The details: - Asia Pacific is expected to grow from $134 billion in 2025 to $199 billion in 2030, a 8% CAGR. - China is expected to rise from $69 billion in 2025 to $97 billion in 2030, a 7% CAGR. - The report links Asia Pacific growth to urbanization, industrial expansion, grid modernization, rising electricity demand, renewable deployment and government energy-security initiatives. - The report links China growth to ultra-high voltage transmission investment, renewable integration, electrification and grid upgrades. - The generation infrastructure segment is supported by investment in new power capacity, decentralized energy systems, technology upgrades and replacement of aging plants. - The electric power infrastructure market is also segmented by voltage level into low voltage, medium voltage, high voltage and extra high voltage. - The market is segmented by application into residential, commercial, industrial, utility, transportation and other uses. - The report says the generation infrastructure market will grow by $30 billion from 2025 to 2030. - The transmission infrastructure market is projected to add $20 billion over the same period. - The distribution infrastructure market is projected to add $23 billion. - The renewable energy infrastructure market is projected to add $20 billion. - The non-renewable energy infrastructure market is projected to add $12 billion. - Together, those five segments are projected to contribute more than $105 billion in market value by 2030. - The Business Research Company says it has published more than 17,500 reports across 27 industries and 60+ geographies. - The firm says its research draws on 1,500,000 datasets, secondary research and interviews with industry leaders. - The report includes a free sample request and a full report page.

Between the lines: - The forecast points to a market being pulled by three forces at once: renewable integration, electrification and the need to replace aging grid assets. - The Asia Pacific and China numbers suggest the center of gravity for grid investment remains in fast-growing, heavily industrialized markets. - The split between generation, transmission and distribution shows that demand is not limited to new power plants; it also extends to the wires, controls and modernization needed to move electricity reliably.

What’s next: - Utilities and governments are expected to keep directing capital toward grid flexibility, storage integration, advanced monitoring and automated controls. - Expansion into underserved and remote areas is likely to remain part of the investment case for grid buildout. - The report says renewable integration, electrification and aging-grid modernization will continue to drive market growth through 2030. - The company invites readers to request the report sample or access the detailed report for additional segment and regional data.