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Singapore Electricity Retailing Market Summary, Competitive Analysis and Forecast to 2028

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    Report

  • 44 Pages
  • March 2024
  • Region: Singapore
  • MarketLine
  • ID: 5694044
Electricity Retailing in Singapore industry profile provides top-line qualitative and quantitative summary information including: market share, 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 electricity retailing market includes net consumption of electricity by end-users. By end-use, the market is segmented into industrial, transportation, commercial & public services, residential, and others. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
  • The Singaporean electricity retailing market recorded revenues of $7.4 billion in 2023, representing a compound annual growth rate (CAGR) of 1.5% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 1.7% between 2018 and 2023, to reach a total of 54.5 TWh in 2023.
  • According to GlobalData, in 2023, the consumption of electricity in Singapore witnessed an annual growth of 2.1% due to the rise in demand mainly from residential and commercial & public service areas.

Scope

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

Reasons to Buy

  • What was the size of the Singapore electricity retailing market by value in 2023?
  • What will be the size of the Singapore electricity retailing market in 2028?
  • What factors are affecting the strength of competition in the Singapore electricity retailing market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Singapore's electricity retailing market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume 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 strategies do the leading players follow?
7.3. What deals and investments have leading players made in recent years?
8 Company Profiles
8.1. Senoko Energy Supply Pte Ltd
8.2. YTL PowerSeraya Pte. Limited
8.3. Keppel Ltd.
8.4. Tuas Power Ltd
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: Singapore electricity retailing market value: $ billion, 2018-23
Table 2: Singapore electricity retailing market volume: TWh, 2018-23
Table 3: Singapore electricity retailing market category segmentation: % share, by volume, 2018-2023
Table 4: Singapore electricity retailing market category segmentation: TWh, 2018-2023
Table 5: Singapore electricity retailing market geography segmentation: $ billion, 2023
Table 6: Singapore electricity retailing market value forecast: $ billion, 2023-28
Table 7: Singapore electricity retailing market volume forecast: TWh, 2023-28
Table 8: Senoko Energy Supply Pte Ltd: key facts
Table 9: Senoko Energy Supply Pte Ltd: Key Employees
Table 10: YTL PowerSeraya Pte. Limited: key facts
Table 11: YTL PowerSeraya Pte. Limited: Key Employees
Table 12: Keppel Ltd.: key facts
Table 13: Keppel Ltd.: Annual Financial Ratios
Table 14: Keppel Ltd.: Key Employees
Table 15: Keppel Ltd.: Key Employees Continued
Table 16: Tuas Power Ltd: key facts
Table 17: Tuas Power Ltd: Key Employees
Table 18: Singapore size of population (million), 2019-23
Table 19: Singapore gdp (constant 2005 prices, $ billion), 2019-23
Table 20: Singapore gdp (current prices, $ billion), 2019-23
Table 21: Singapore inflation, 2019-23
Table 22: Singapore consumer price index (absolute), 2019-23
Table 23: Singapore exchange rate, 2019-23
List of Figures
Figure 1: Singapore electricity retailing market value: $ billion, 2018-23
Figure 2: Singapore electricity retailing market volume: TWh, 2018-23
Figure 3: Singapore electricity retailing market category segmentation: TWh, 2018-2023
Figure 4: Singapore electricity retailing market geography segmentation: % share, by value, 2023
Figure 5: Singapore electricity retailing market value forecast: $ billion, 2023-28
Figure 6: Singapore electricity retailing market volume forecast: TWh, 2023-28
Figure 7: Forces driving competition in the electricity retailing market in Singapore, 2023
Figure 8: Drivers of buyer power in the electricity retailing market in Singapore, 2023
Figure 9: Drivers of supplier power in the electricity retailing market in Singapore, 2023
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in Singapore, 2023
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in Singapore, 2023
Figure 12: Drivers of degree of rivalry in the electricity retailing market in Singapore, 2023

Companies Mentioned (Partial List)

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

  • Senoko Energy Supply Pte Ltd
  • YTL PowerSeraya Pte. Limited
  • Keppel Ltd.
  • Tuas Power Ltd