Taiwan Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Taiwan industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Taiwanese renewable energy market had total revenues of $2.5 billion in 2022, representing a compound annual growth rate (CAGR) of 21.1% between 2017 and 2022.
- Market production volume increased with a CAGR of 15% between 2017 and 2022, to reach a total of 22,487.0 GWh in 2022.
- Factors such as rapid urbanization and industrialization are boosting pollution levels, which in turn is encouraging the adoption of renewable energy in the market. In December 2022, the National Development Council released its 12 Key Strategic Action P
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Taiwan
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Taiwan
- 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 Taiwan renewable energy market with five year forecasts by both value and volume
- What was the size of the Taiwan renewable energy market by value in 2022?
- What will be the size of the Taiwan renewable energy market in 2027?
- What factors are affecting the strength of competition in the Taiwan renewable energy market?
- How has the market performed over the last five years?
- Who are the top competitiors in Taiwan'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
- 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 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. Iberdrola, S.A.
- 8.2. Taiwan Power Company
- 8.3. Northland Power Inc
- 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: Taiwan renewable energy market value: $ million, 2017–22
- Table 2: Taiwan renewable energy market volume: GWh, 2017–22
- Table 3: Taiwan renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Taiwan renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Taiwan renewable energy market geography segmentation: $ million, 2022
- Table 6: Taiwan renewable energy market value forecast: $ million, 2022–27
- Table 7: Taiwan renewable energy market volume forecast: GWh, 2022–27
- Table 8: Iberdrola, S.A.: key facts
- Table 9: Iberdrola, S.A.: Annual Financial Ratios
- Table 10: Iberdrola, S.A.: Key Employees
- Table 11: Taiwan Power Company: key facts
- Table 12: Taiwan Power Company: Key Employees
- Table 13: Northland Power Inc: key facts
- Table 14: Northland Power Inc: Annual Financial Ratios
- Table 15: Northland Power Inc: Key Employees
- Table 16: Vena Energy Taiwan Renewables Ltd: key facts
- Table 17: Taiwan size of population (million), 2018–22
- Table 18: Taiwan gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Taiwan gdp (current prices, $ billion), 2018–22
- Table 20: Taiwan inflation, 2018–22
- Table 21: Taiwan consumer price index (absolute), 2018–22
- Table 22: Taiwan exchange rate, 2018–22
- List of Figures
- Figure 1: Taiwan renewable energy market value: $ million, 2017–22
- Figure 2: Taiwan renewable energy market volume: GWh, 2017–22
- Figure 3: Taiwan renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Taiwan renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Taiwan renewable energy market value forecast: $ million, 2022–27
- Figure 6: Taiwan renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Taiwan, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Taiwan, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Taiwan, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Taiwan, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Taiwan, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Taiwan, 2022
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