Global Energy Consumption industry profile provides top-line qualitative and quantitative summary information including: Sector size (value and volume, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Sector.
Key Highlights
- Energy consumption refers to the total amount of energy used to power a specific process, activity, or equipment. This energy can be sourced from various sources, including electricity, which is produced from resources such as coal, natural gas, nuclear, hydropower, wind, and solar power. Additionally, energy can be obtained from other sources like gas, diesel, oil, biofuels, and biomass.
- Market volume refers to the total amount of energy consumed in millions of tonnes of oil equivalent (toe) from various sources such as coal and coal gases (including coal and peat), oil and oil products (including crude oil), natural gas, nuclear, and renewable energy (such as hydro, wind, geothermal, solar, biofuel, etc). Market value is the overall value of energy segments calculated by multiplying the volume of each energy type by its average retail price.
- Energy consumption market is classified into five main segments: coal & coal gases, oil & oil products, natural gas, nuclear, and renewables. Coal consumption refers to the amount of coal used for energy production, industrial processes, and other applications. Coal gas consumption refers explicitly to using coal-derived gas, often produced through processes like coal gasification. Oil consumption involves the usage of crude oil or petroleum for various purposes, such as transportation, manufacturing, and energy production. Oil product consumption extends to refined products like gasoline, diesel, and petrochemicals. Natural gas consumption involves using natural gas for heating, electricity generation, and industrial processes. It is a versatile energy source that is cleaner burning than other fossil fuels. Nuclear energy consumption refers to the utilization of nuclear power for electricity generation. Nuclear reactors use controlled nuclear reactions to produce heat, which is then used to generate electricity. Renewable energy consumption involves using solar, wind, hydro, geothermal, and biofuel sources to generate power. It is considered environmentally friendly due to lower emissions.
- All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
- The global energy consumption sector registered revenues of $7.91 trillion in 2023, representing a compound annual growth rate (CAGR) of 1.8% between 2018 and 2023.
- Sector consumption volume increased with a CAGR of 1.1% between 2018 and 2023, to reach a total of 14.65 billion toe (tonnes of oil equivalent) in 2023.
- According to the analyst, Asia-Pacific dominated the global energy consumption sector, in 2023, accounting for the largest share of 43.7%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global energy consumption Sector
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global energy consumption Sector
- Leading company profiles reveal details of key energy consumption Sector players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global energy consumption Sector with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the global energy consumption Sector by value in 2023?
- What will be the size of the global energy consumption Sector in 2028?
- What factors are affecting the strength of competition in the global energy consumption Sector?
- How has the Sector performed over the last five years?
- What are the main segments that make up the global energy consumption Sector?
Table of Contents
1 Executive Summary
2 Introduction
3 Global Energy Consumption
4 Macroeconomic Indicators
5 Energy Consumption in Asia-Pacific
6 Energy Consumption in Europe
7 Macroeconomic Indicators
8 Energy Consumption in Japan
9 Macroeconomic Indicators
10 Energy Consumption in The United Kingdom
11 Macroeconomic Indicators
12 Energy Consumption in The United States
13 Macroeconomic Indicators
14 Energy Consumption in France
15 Macroeconomic Indicators
16 Energy Consumption in Germany
17 Macroeconomic Indicators
18 Company Profiles
19 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:
- BP Plc
- British Gas Ltd
- Canadian Natural Resources Ltd
- Chevron Corp
- China National Petroleum Corporation No.6 Construction Co Ltd
- China Petroleum & Chemical Corp
- Chubu Electric Power Co Inc
- Comision Federal de Electricidad
- Duke Energy Corp
- E.ON SE
- E.ON UK Plc
- Electricite de France SA
- Enbridge Inc
- EnBW Energie Baden-Wurttemberg AG
- Enel SpA
- Engie SA
- Exxon Mobil Corp
- Indian Oil Corp Ltd
- NextEra Energy Inc
- Petroleos Mexicanos
- RWE AG
- Saudi Arabian Oil Co
- Scottish and Southern Energy Power Distribution Ltd
- State Grid Corporation of China
- Suncor Energy Inc
- TC Energy Corporation
- The Kansai Electric Power Co Inc
- Tokyo Electric Power Co Holdings Inc
- TotalEnergies SE