Utilities in the United Kingdom
Summary
Utilities in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: 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
- The utilities industry is categorized into three main segments: gas utilities, water utilities, and electricity retailing.
- The UK utilities industry recorded revenues of $374.2 billion in 2023, representing a negative compound annual growth rate (CAGR) of 4.1% between 2018 and 2023.
- The gas utilities segment accounted for the industry's largest proportion in 2023, with total revenues of $270.5 billion, equivalent to 72.3% of the industry's overall value.
- In 2023, the UK utilities industry recorded an annual contraction of 5.5% due to slow economic growth which reduced industrial and commercial activity and therefore energy consumption and industry growth. According to the International Monetary Fund (IMF), in 2023, the UK witnessed a real GDP annual growth of 0.1%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the utilities market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the utilities market in the United Kingdom
- 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 United Kingdom utilities market with five year forecasts
- What was the size of the United Kingdom utilities market by value in 2023?
- What will be the size of the United Kingdom utilities market in 2028?
- What factors are affecting the strength of competition in the United Kingdom utilities market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom'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. Centrica plc
- 8.2. Thames Water Utilities Ltd
- 8.3. Scottish Power Ltd
- 8.4. Electricite de France SA
- 8.5. E.ON SE
- 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 Kingdom utilities industry value: $ billion, 2018-23
- Table 2: United Kingdom utilities industry category segmentation: % share, by value, 2018-2023
- Table 3: United Kingdom utilities industry category segmentation: $ billion, 2018-2023
- Table 4: United Kingdom utilities industry geography segmentation: $ billion, 2023
- Table 5: United Kingdom utilities industry value forecast: $ billion, 2023-28
- Table 6: Centrica plc: key facts
- Table 7: Centrica plc: Annual Financial Ratios
- Table 8: Centrica plc: Key Employees
- Table 9: Thames Water Utilities Ltd: key facts
- Table 10: Thames Water Utilities Ltd: Key Employees
- Table 11: Scottish Power Ltd: key facts
- Table 12: Scottish Power Ltd: Key Employees
- Table 13: Electricite de France SA: key facts
- Table 14: Electricite de France SA: Key Employees
- Table 15: Electricite de France SA: Key Employees Continued
- Table 16: E.ON SE: key facts
- Table 17: E.ON SE: Annual Financial Ratios
- Table 18: E.ON SE: Key Employees
- Table 19: United Kingdom size of population (million), 2019-23
- Table 20: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
- Table 21: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 22: United Kingdom inflation, 2019-23
- Table 23: United Kingdom consumer price index (absolute), 2019-23
- Table 24: United Kingdom exchange rate, 2018-23
- List of Figures
- Figure 1: United Kingdom utilities industry value: $ billion, 2018-23
- Figure 2: United Kingdom utilities industry category segmentation: $ billion, 2018-2023
- Figure 3: United Kingdom utilities industry geography segmentation: % share, by value, 2023
- Figure 4: United Kingdom utilities industry value forecast: $ billion, 2023-28
- Figure 5: Forces driving competition in the utilities industry in the United Kingdom, 2023
- Figure 6: Drivers of buyer power in the utilities industry in the United Kingdom, 2023
- Figure 7: Drivers of supplier power in the utilities industry in the United Kingdom, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in the United Kingdom, 2023
- Figure 9: Factors influencing the threat of substitutes in the utilities industry in the United Kingdom, 2023
- Figure 10: Drivers of degree of rivalry in the utilities industry in the United Kingdom, 2023
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