+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Utilities in South Korea

  • PDF Icon

    Report

  • 40 Pages
  • July 2024
  • Region: South Korea
  • MarketLine
  • ID: 6017736
Utilities in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The utilities industry is categorized into three main segments: gas utilities, water utilities, and electricity retailing.
  • The South Korean utilities industry recorded revenues of $83.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
  • The electricity retailing segment accounted for the industry's largest proportion in 2023, with total revenues of $51.7 billion, equivalent to 61.6% of the industry's overall value.
  • In 2023, the South Korean utilities industry contracted by 0.5% annually due to the decline in energy price inflation. According to the Organization for Economic Co-operation and Development (OECD), in 2023, the South Korean energy price inflation reached 10.3%, down from 19.0% in 2022.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the utilities market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the utilities market in South Korea
  • Leading company profiles reveal details of key utilities market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea utilities market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the South Korea utilities market by value in 2023?
  • What will be the size of the South Korea utilities market in 2028?
  • What factors are affecting the strength of competition in the South Korea utilities market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's utilities market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies followed by the leading players?
7.3. What are the most recent market developments in the market?
8 Company Profiles
8.1. Korea Electric Power Corporation
8.2. Korea Gas Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: South Korea utilities industry value: $ billion, 2018-23
Table 2: South Korea utilities industry category segmentation: % share, by value, 2018-2023
Table 3: South Korea utilities industry category segmentation: $ billion, 2018-2023
Table 4: South Korea utilities industry geography segmentation: $ billion, 2023
Table 5: South Korea utilities industry value forecast: $ billion, 2023-28
Table 6: Korea Electric Power Corporation: key facts
Table 7: Korea Electric Power Corporation: Annual Financial Ratios
Table 8: Korea Electric Power Corporation: Key Employees
Table 9: Korea Electric Power Corporation: Key Employees Continued
Table 10: Korea Gas Corp: key facts
Table 11: Korea Gas Corp: Annual Financial Ratios
Table 12: Korea Gas Corp: Key Employees
Table 13: South Korea exchange rate, 2018-23
List of Figures
Figure 1: South Korea utilities industry value: $ billion, 2018-23
Figure 2: South Korea utilities industry category segmentation: $ billion, 2018-2023
Figure 3: South Korea utilities industry geography segmentation: % share, by value, 2023
Figure 4: South Korea utilities industry value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the utilities industry in South Korea, 2023
Figure 6: Drivers of buyer power in the utilities industry in South Korea, 2023
Figure 7: Drivers of supplier power in the utilities industry in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the utilities industry in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the utilities industry in South Korea, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Korea Electric Power Corporation
  • Korea Gas Corp