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Singapore Electricity Retailing Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 46 Pages
  • October 2023
  • Region: Singapore
  • MarketLine
  • ID: 5694044
Electricity Retailing in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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, segmented by industrial, transportation, commercial & public services, and residential consumption. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
  • The Singaporean electricity retailing market had total revenues of $7.2 billion in 2022, representing a compound annual growth rate (CAGR) of 1.6% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 1.6% between 2017 and 2022, to reach a total of 53.9 TWh in 2022.
  • The Singaporean market witnessed slow growth of 0.7% in 2022. Although the government has plans to encourage the expansion of renewable energy, it is hesitant to offer subsidies or Feed-in Tariffs (FiT).

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

Reasons to Buy

  • What was the size of the Singapore electricity retailing market by value in 2022?
  • What will be the size of the Singapore electricity retailing market in 2027?
  • What factors are affecting the strength of competition in the Singapore electricity retailing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up 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 share
1.8. Market rivalry
1.9. 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. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What deals and investments have leading players made in recent years?
8 Company Profiles
8.1. Senoko Energy Supply Pte Ltd
8.2. Tuas Power Ltd
8.3. Keppel Corporation Limited
8.4. YTL PowerSeraya Pte. Limited
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, 2017-22
Table 2: Singapore electricity retailing market volume: TWh, 2017-22
Table 3: Singapore electricity retailing market category segmentation: % share, by volume, 2017-2022
Table 4: Singapore electricity retailing market category segmentation: TWh, 2017-2022
Table 5: Singapore electricity retailing market geography segmentation: $ billion, 2022
Table 6: Singapore electricity retailing market value forecast: $ billion, 2022-27
Table 7: Singapore electricity retailing market volume forecast: TWh, 2022-27
Table 8: Singapore electricity retailing market share: % share, by volume, 2022
Table 9: Senoko Energy Supply Pte Ltd: key facts
Table 10: Senoko Energy Supply Pte Ltd: Key Employees
Table 11: Tuas Power Ltd: key facts
Table 12: Tuas Power Ltd: Key Employees
Table 13: Keppel Corporation Limited: key facts
Table 14: Keppel Corporation Limited: Annual Financial Ratios
Table 15: Keppel Corporation Limited: Key Employees
Table 16: Keppel Corporation Limited: Key Employees Continued
Table 17: YTL PowerSeraya Pte. Limited: key facts
Table 18: YTL PowerSeraya Pte. Limited: Key Employees
Table 19: Singapore size of population (million), 2018-22
Table 20: Singapore gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Singapore gdp (current prices, $ billion), 2018-22
Table 22: Singapore inflation, 2018-22
Table 23: Singapore consumer price index (absolute), 2018-22
Table 24: Singapore exchange rate, 2018-22
List of Figures
Figure 1: Singapore electricity retailing market value: $ billion, 2017-22
Figure 2: Singapore electricity retailing market volume: TWh, 2017-22
Figure 3: Singapore electricity retailing market category segmentation: TWh, 2017-2022
Figure 4: Singapore electricity retailing market geography segmentation: % share, by value, 2022
Figure 5: Singapore electricity retailing market value forecast: $ billion, 2022-27
Figure 6: Singapore electricity retailing market volume forecast: TWh, 2022-27
Figure 7: Forces driving competition in the electricity retailing market in Singapore, 2022
Figure 8: Drivers of buyer power in the electricity retailing market in Singapore, 2022
Figure 9: Drivers of supplier power in the electricity retailing market in Singapore, 2022
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in Singapore, 2022
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in Singapore, 2022
Figure 12: Drivers of degree of rivalry in the electricity retailing market in Singapore, 2022
Figure 13: Singapore electricity retailing market share: % share, by volume, 2022

Companies Mentioned (Partial List)

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

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