Energy Consumption in the United States
Summary
Energy Consumption in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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
- 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.
- The US energy consumption sector registered revenues of $1,262.3 billion in 2023, representing a compound annual growth rate (CAGR) of 2.0% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 0.3% between 2018 and 2023, to reach a total of 2,506.4 million toe (tonnes of oil equivalent) in 2023.
- According to GlobalData, the US captured a share of 75.6% of the North American energy consumption sector, in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the energy consumption market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the energy consumption market in the United States
- Leading company profiles reveal details of key energy consumption market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States energy consumption market with five year forecasts
- What was the size of the United States energy consumption market by value in 2023?
- What will be the size of the United States energy consumption market in 2028?
- What factors are affecting the strength of competition in the United States energy consumption market?
- How has the market performed over the last five years?
- Who are the top competitors in the United States's energy consumption market?
- 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 are the strengths of the leading players?
- 7.3. What are the recent developments in the sector?
- 8 Company Profiles
- 8.1. Exxon Mobil Corp
- 8.2. NextEra Energy Inc
- 8.3. Duke Energy Corp
- 8.4. Chevron Corp
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry Associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United States energy consumption sector value: $ billion, 2018-23
- Table 2: United States energy consumption sector volume: million toe, 2018-23
- Table 3: United States energy consumption sector category segmentation: % share, by value, 2018-23
- Table 4: United States energy consumption sector category segmentation: $ billion, 2018-23
- Table 5: United States energy consumption sector geography segmentation: $ billion, 2023
- Table 6: United States energy consumption sector value forecast: $ billion, 2023-28
- Table 7: United States energy consumption sector volume forecast: million toe, 2023-28
- Table 8: Exxon Mobil Corp: Key Facts
- Table 9: Exxon Mobil Corp: Annual Financial Ratios
- Table 10: Exxon Mobil Corp: Key Employees
- Table 11: NextEra Energy Inc: Key Facts
- Table 12: NextEra Energy Inc: Annual Financial Ratios
- Table 13: NextEra Energy Inc: Key Employees
- Table 14: Duke Energy Corp: Key Facts
- Table 15: Duke Energy Corp: Annual Financial Ratios
- Table 16: Duke Energy Corp: Key Employees
- Table 17: Duke Energy Corp: Key Employees Continued
- Table 18: Chevron Corp: Key Facts
- Table 19: Chevron Corp: Annual Financial Ratios
- Table 20: Chevron Corp: Key Employees
- Table 21: United States Size of Population (million), 2019-23
- Table 22: United States Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 23: United States GDP (Current Prices, $ Billion), 2019-23
- Table 24: United States Inflation, 2019-23
- Table 25: United States Consumer Price Index (Absolute), 2019-23
- Table 26: United States Exchange Rate, 2018-23
- List of Figures
- Figure 1: United States energy consumption sector value: $ billion, 2018-23
- Figure 2: United States energy consumption sector volume: million toe, 2018-23
- Figure 3: United States energy consumption sector category segmentation: $ billion, 2018-23
- Figure 4: United States energy consumption sector geography segmentation: % share, by value, 2023
- Figure 5: United States energy consumption sector value forecast: $ billion, 2023-28
- Figure 6: United States energy consumption sector volume forecast: million toe, 2023-28
- Figure 7: Forces driving competition in the energy consumption sector in the United States, 2023
- Figure 8: Drivers of buyer power in the energy consumption sector in the United States, 2023
- Figure 9: Drivers of supplier power in the energy consumption sector in the United States, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the energy consumption sector in the United States, 2023
- Figure 11: Factors influencing the threat of substitutes in the energy consumption sector in the United States, 2023
- Figure 12: Drivers of degree of rivalry in the energy consumption sector in the United States, 2023
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