A global analysis by the International Energy Agency reveals significant gaps between 2025 electrification rates and future competitive potential across key regions.

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Japan and Korea currently lead with the highest electrification rate at around 33%, with potential expanding up to 45%.

China follows closely with a rate above 30% and a competitive potential reaching roughly 43%.

Regions like Southeast Asia, Europe, and the global average hold steady 2025 rates between 23% and 25%, each showing competitive potential above 30%.

Central and South America, the Middle East, and India maintain rates around 18% to 20%.

Meanwhile, Africa trails with the lowest electrification rate near 12%, though its potential extends close to 18%.