Renewable Energy in South Korea

Renewable Energy in South Korea
Summary

Renewable Energy in South Korea 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 renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, hydroelectricity, wind energy, solar, biomass, and geothermal.
  • The South Korean renewable energy market recorded total revenues of $7.4 billion in 2023, representing a compound annual growth rate (CAGR) of 4.7% between 2018 and 2023.
  • Market production volume increased with a CAGR of 1.4% between 2018 and 2023, to reach a total of 51,994.8 GWh in 2023.
  • South Korea held a share of 2.9% of the Asia-Pacific renewable energy market in 2023.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in South Korea
  • Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea renewable energy market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the South Korea renewable energy market by value in 2023?
  • What will be the size of the South Korea renewable energy market in 2028?
  • What factors are affecting the strength of competition in the South Korea renewable energy market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Korea's renewable energy 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
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 Company Profiles
7.1. Korea Electric Power Corporation
8 Macroeconomic Indicators
8.1. Country data
9 Appendix
9.1. Methodology
9.2. Industry associations
9.3. Related MarketLine research
9.4. About MarketLine
List of Tables
Table 1: South Korea renewable energy market value: $ million, 2018-23
Table 2: South Korea renewable energy market volume: GWh, 2018-23
Table 3: South Korea renewable energy market category segmentation: % share, by value, 2018-2023
Table 4: South Korea renewable energy market category segmentation: $ million, 2018-2023
Table 5: South Korea renewable energy market geography segmentation: $ million, 2023
Table 6: South Korea renewable energy market value forecast: $ million, 2023-28
Table 7: South Korea renewable energy market volume forecast: GWh, 2023-28
Table 8: Korea Electric Power Corporation: key facts
Table 9: Korea Electric Power Corporation: Annual Financial Ratios
Table 10: Korea Electric Power Corporation: Key Employees
Table 11: Korea Electric Power Corporation: Key Employees Continued
Table 12: South Korea size of population (million), 2019-23
Table 13: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 14: South Korea gdp (current prices, $ billion), 2019-23
Table 15: South Korea inflation, 2019-23
Table 16: South Korea consumer price index (absolute), 2019-23
Table 17: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea renewable energy market value: $ million, 2018-23
Figure 2: South Korea renewable energy market volume: GWh, 2018-23
Figure 3: South Korea renewable energy market category segmentation: $ million, 2018-2023
Figure 4: South Korea renewable energy market geography segmentation: % share, by value, 2023
Figure 5: South Korea renewable energy market value forecast: $ million, 2023-28
Figure 6: South Korea renewable energy market volume forecast: GWh, 2023-28
Figure 7: Forces driving competition in the renewable energy market in South Korea, 2023
Figure 8: Drivers of buyer power in the renewable energy market in South Korea, 2023
Figure 9: Drivers of supplier power in the renewable energy market in South Korea, 2023
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in South Korea, 2023
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in South Korea, 2023
Figure 12: Drivers of degree of rivalry in the renewable energy market in South Korea, 2023

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