Singapore Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 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 renewable energy market consists of the net generation of electricity through renewable sources. It is divided into five segments, these being hydroelectricity, wind energy, solar, biomass, and geothermal. The volume of the market is calculated as the net volume of electricity produced through renewable means. The value of the industry is the amount of electricity produced multiplied by the wholesale price data for electricity generation.
- The Singaporean renewable energy market had total revenues of $254.7 million in 2022, representing a compound annual growth rate (CAGR) of 13.3% between 2017 and 2022.
- Market production volume increased with a CAGR of 10.8% between 2017 and 2022, to reach a total of 2,410.7 GWh in 2022.
- According to in-house research, in 2022, Singapore accounted for a share of 0.1% of the Asia-Pacific renewable energy market. The lower share of the market is attributed to the availability of limited renewable energy options due to resource constraints.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Singapore
- 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 Singapore renewable energy market with five year forecasts by both value and volume
- What was the size of the Singapore renewable energy market by value in 2022?
- What will be the size of the Singapore renewable energy market in 2027?
- What factors are affecting the strength of competition in the Singapore renewable energy market?
- How has the market performed over the last five years?
- How large is Singapore’s renewable energy market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market rivalry
- 1.7. 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. 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 have been the most significant mergers and acquisitions over the last year?
- 7.3. Which companies are responsible for the most significant renewable projects under development?
- 8 Company Profiles
- 8.1. Sunseap Group Pte Ltd
- 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: Singapore renewable energy market value: $ million, 2017–22
- Table 2: Singapore renewable energy market volume: GWh, 2017–22
- Table 3: Singapore renewable energy market geography segmentation: $ million, 2022
- Table 4: Singapore renewable energy market value forecast: $ million, 2022–27
- Table 5: Singapore renewable energy market volume forecast: GWh, 2022–27
- Table 6: Sunseap Group Pte Ltd: key facts
- Table 7: Singapore size of population (million), 2018–22
- Table 8: Singapore gdp (constant 2005 prices, $ billion), 2018–22
- Table 9: Singapore gdp (current prices, $ billion), 2018–22
- Table 10: Singapore inflation, 2018–22
- Table 11: Singapore consumer price index (absolute), 2018–22
- Table 12: Singapore exchange rate, 2018–22
- List of Figures
- Figure 1: Singapore renewable energy market value: $ million, 2017–22
- Figure 2: Singapore renewable energy market volume: GWh, 2017–22
- Figure 3: Singapore renewable energy market geography segmentation: % share, by value, 2022
- Figure 4: Singapore renewable energy market value forecast: $ million, 2022–27
- Figure 5: Singapore renewable energy market volume forecast: GWh, 2022–27
- Figure 6: Forces driving competition in the renewable energy market in Singapore, 2022
- Figure 7: Drivers of buyer power in the renewable energy market in Singapore, 2022
- Figure 8: Drivers of supplier power in the renewable energy market in Singapore, 2022
- Figure 9: Factors influencing the likelihood of new entrants in the renewable energy market in Singapore, 2022
- Figure 10: Factors influencing the threat of substitutes in the renewable energy market in Singapore, 2022
- Figure 11: Drivers of degree of rivalry in the renewable energy market in Singapore, 2022
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