Utilities in South Korea
Summary
Utilities in South Korea industry profile provides top-line qualitative and quantitative summary information including: 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 utilities industry is categorized into three main segments: gas utilities, water utilities, and electricity retailing.
- The South Korean utilities industry recorded revenues of $83.8 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.9% between 2018 and 2023.
- The electricity retailing segment accounted for the industry's largest proportion in 2023, with total revenues of $51.7 billion, equivalent to 61.6% of the industry's overall value.
- In 2023, the South Korean utilities industry contracted by 0.5% annually due to the decline in energy price inflation. According to the Organization for Economic Co-operation and Development (OECD), in 2023, the South Korean energy price inflation reached 10.3%, down from 19.0% in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the utilities market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the utilities market in South Korea
- Leading company profiles reveal details of key utilities market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea utilities market with five year forecasts by both value and volume
- What was the size of the South Korea utilities market by value in 2023?
- What will be the size of the South Korea utilities market in 2028?
- What factors are affecting the strength of competition in the South Korea utilities market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's utilities market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value 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 strategies followed by the leading players?
- 7.3. What are the most recent market developments in the market?
- 8 Company Profiles
- 8.1. Korea Electric Power Corporation
- 8.2. Korea Gas 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: South Korea utilities industry value: $ billion, 2018-23
- Table 2: South Korea utilities industry category segmentation: % share, by value, 2018-2023
- Table 3: South Korea utilities industry category segmentation: $ billion, 2018-2023
- Table 4: South Korea utilities industry geography segmentation: $ billion, 2023
- Table 5: South Korea utilities industry value forecast: $ billion, 2023-28
- Table 6: Korea Electric Power Corporation: key facts
- Table 7: Korea Electric Power Corporation: Annual Financial Ratios
- Table 8: Korea Electric Power Corporation: Key Employees
- Table 9: Korea Electric Power Corporation: Key Employees Continued
- Table 10: Korea Gas Corp: key facts
- Table 11: Korea Gas Corp: Annual Financial Ratios
- Table 12: Korea Gas Corp: Key Employees
- Table 13: South Korea exchange rate, 2018-23
- List of Figures
- Figure 1: South Korea utilities industry value: $ billion, 2018-23
- Figure 2: South Korea utilities industry category segmentation: $ billion, 2018-2023
- Figure 3: South Korea utilities industry geography segmentation: % share, by value, 2023
- Figure 4: South Korea utilities industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the utilities industry in South Korea, 2023
- Figure 6: Drivers of buyer power in the utilities industry in South Korea, 2023
- Figure 7: Drivers of supplier power in the utilities industry in South Korea, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in South Korea, 2023
- Figure 9: Factors influencing the threat of substitutes in the utilities industry in South Korea, 2023
- Figure 10: Drivers of degree of rivalry in the utilities industry in South Korea, 2023
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