Utilities in the United States

Utilities in the United States


Summary

Utilities in the United States 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 US utilities industry recorded revenues of $1,240.5 billion in 2023, representing a compound annual growth rate (CAGR) of 4.4% between 2018 and 2023.
  • The electricity retailing segment accounted for the industry's largest proportion in 2023, with total revenues of $510.3 billion, equivalent to 41.1% of the industry's overall value.
  • In 2023, the US utilities industry witnessed an annual growth of 3.3%. The growth is attributed to the rise in electricity prices across the country.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the utilities market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the utilities market in the United States
  • 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 States utilities market with five year forecasts
Reasons to Buy
  • What was the size of the United States utilities market by value in 2023?
  • What will be the size of the United States utilities market in 2028?
  • What factors are affecting the strength of competition in the United States utilities market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States'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. Exelon Corporation
8.2. Southern Company Gas
8.3. Consumers Energy Co
8.4. Southern Company
8.5. Duke Energy Corporation
8.6. NextEra Energy, Inc.
8.7. Berkshire Hathaway Energy Company
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 States utilities industry value: $ billion, 2018-23
Table 2: United States utilities industry category segmentation: % share, by value, 2018-2023
Table 3: United States utilities industry category segmentation: $ billion, 2018-2023
Table 4: United States utilities industry geography segmentation: $ billion, 2023
Table 5: United States utilities industry value forecast: $ billion, 2023-28
Table 6: Exelon Corporation: key facts
Table 7: Exelon Corporation: Annual Financial Ratios
Table 8: Exelon Corporation: Key Employees
Table 9: Exelon Corporation: Key Employees Continued
Table 10: Southern Company Gas: key facts
Table 11: Southern Company Gas: Key Employees
Table 12: Consumers Energy Co: key facts
Table 13: Consumers Energy Co: Annual Financial Ratios
Table 14: Consumers Energy Co: Key Employees
Table 15: Consumers Energy Co: Key Employees Continued
Table 16: Southern Company: key facts
Table 17: Southern Company: Annual Financial Ratios
Table 18: Southern Company: Key Employees
Table 19: Southern Company: Key Employees Continued
Table 20: Southern Company: Key Employees Continued
Table 21: Duke Energy Corporation: key facts
Table 22: Duke Energy Corporation: Annual Financial Ratios
Table 23: Duke Energy Corporation: Key Employees
Table 24: Duke Energy Corporation: Key Employees Continued
Table 25: Duke Energy Corporation: Key Employees Continued
Table 26: NextEra Energy, Inc.: key facts
Table 27: NextEra Energy, Inc.: Annual Financial Ratios
Table 28: NextEra Energy, Inc.: Key Employees
Table 29: NextEra Energy, Inc.: Key Employees Continued
Table 30: Berkshire Hathaway Energy Company: key facts
Table 31: Berkshire Hathaway Energy Company: Key Employees
Table 32: Berkshire Hathaway Energy Company: Key Employees Continued
Table 33: United States size of population (million), 2019-23
Table 34: United States real gdp (constant 2010 prices, $ billion), 2019-23
Table 35: United States gdp (current prices, $ billion), 2019-23
Table 36: United States inflation, 2019-23
Table 37: United States consumer price index (absolute), 2019-23
Table 38: United States exchange rate, 2018-23
List of Figures
Figure 1: United States utilities industry value: $ billion, 2018-23
Figure 2: United States utilities industry category segmentation: $ billion, 2018-2023
Figure 3: United States utilities industry geography segmentation: % share, by value, 2023
Figure 4: United States utilities industry value forecast: $ billion, 2023-28
Figure 5: Forces driving competition in the utilities industry in the United States, 2023
Figure 6: Drivers of buyer power in the utilities industry in the United States, 2023
Figure 7: Drivers of supplier power in the utilities industry in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the utilities industry in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the utilities industry in the United States, 2023
Figure 10: Drivers of degree of rivalry in the utilities industry in the United States, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings