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
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
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