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United Kingdom (UK) Electricity Retailing Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 46 Pages
  • October 2023
  • Region: United Kingdom
  • MarketLine
  • ID: 5694038
Electricity Retailing in the United Kingdom 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 UK electricity retailing market had total revenues of $61.9 billion in 2022, representing a compound annual growth rate (CAGR) of 2% between 2017 and 2022.
  • Market consumption volumes declined with a negative CAGR of 1.6% between 2017 and 2022, to reach a total of 276.6 TWh in 2022.
  • The UK market witnessed strong growth of 0.9% in 2022 due to the decrease in electricity consumption as a result of the global economic crisis and the subsequent eurozone crisis, which led to a fall in industrial activity.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the electricity retailing market in the United Kingdom
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the electricity retailing market in the United Kingdom
  • 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 United Kingdom electricity retailing market with five year forecasts

Reasons to Buy

  • What was the size of the United Kingdom electricity retailing market by value in 2022?
  • What will be the size of the United Kingdom electricity retailing market in 2027?
  • What factors are affecting the strength of competition in the United Kingdom electricity retailing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United Kingdom'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. British Gas Ltd
8.2. Ovo Energy Ltd
8.3. EDF Energy Ltd
8.4. E.ON SE
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: United Kingdom electricity retailing market value: $ billion, 2017-22
Table 2: United Kingdom electricity retailing market volume: TWh, 2017-22
Table 3: United Kingdom electricity retailing market category segmentation: % share, by volume, 2017-2022
Table 4: United Kingdom electricity retailing market category segmentation: TWh, 2017-2022
Table 5: United Kingdom electricity retailing market geography segmentation: $ billion, 2022
Table 6: United Kingdom electricity retailing market value forecast: $ billion, 2022-27
Table 7: United Kingdom electricity retailing market volume forecast: TWh, 2022-27
Table 8: United Kingdom electricity retailing market share: % share, by volume, 2022
Table 9: British Gas Ltd: key facts
Table 10: British Gas Ltd: Key Employees
Table 11: Ovo Energy Ltd: key facts
Table 12: Ovo Energy Ltd: Key Employees
Table 13: EDF Energy Ltd: key facts
Table 14: EDF Energy Ltd: Key Employees
Table 15: E.ON SE: key facts
Table 16: E.ON SE: Annual Financial Ratios
Table 17: E.ON SE: Key Employees
Table 18: United Kingdom size of population (million), 2018-22
Table 19: United Kingdom gdp (constant 2005 prices, $ billion), 2018-22
Table 20: United Kingdom gdp (current prices, $ billion), 2018-22
Table 21: United Kingdom inflation, 2018-22
Table 22: United Kingdom consumer price index (absolute), 2018-22
Table 23: United Kingdom exchange rate, 2018-22
List of Figures
Figure 1: United Kingdom electricity retailing market value: $ billion, 2017-22
Figure 2: United Kingdom electricity retailing market volume: TWh, 2017-22
Figure 3: United Kingdom electricity retailing market category segmentation: TWh, 2017-2022
Figure 4: United Kingdom electricity retailing market geography segmentation: % share, by value, 2022
Figure 5: United Kingdom electricity retailing market value forecast: $ billion, 2022-27
Figure 6: United Kingdom electricity retailing market volume forecast: TWh, 2022-27
Figure 7: Forces driving competition in the electricity retailing market in the United Kingdom, 2022
Figure 8: Drivers of buyer power in the electricity retailing market in the United Kingdom, 2022
Figure 9: Drivers of supplier power in the electricity retailing market in the United Kingdom, 2022
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in the United Kingdom, 2022
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in the United Kingdom, 2022
Figure 12: Drivers of degree of rivalry in the electricity retailing market in the United Kingdom, 2022
Figure 13: United Kingdom 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:

  • British Gas Ltd
  • Ovo Energy Ltd
  • EDF Energy Ltd
  • E.ON SE