Vietnam Renewable Energy Market Summary, Competitive Analysis and Forecast to 2027
Summary
Renewable Energy in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Vietnamese renewable energy market had total revenues of $4.3 billion in 2022, representing a compound annual growth rate (CAGR) of 9% between 2017 and 2022.
- Market production volume increased with a CAGR of 5.9% between 2017 and 2022, to reach a total of 120,250.0 GWh in 2022.
- The Vietnamese renewable energy market has grown in correlation with an increase in renewable capacity. Additionally, a new feed-in tariff (FIT) for solar projects was unveiled and extended from 2021 to 2023, demonstrating the commitment of the government
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Vietnam
- 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 Vietnam renewable energy market with five year forecasts
- What was the size of the Vietnam renewable energy market by value in 2022?
- What will be the size of the Vietnam renewable energy market in 2027?
- What factors are affecting the strength of competition in the Vietnam renewable energy market?
- How has the market performed over the last five years?
- How large is Vietnam’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. 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 are the strengths and weaknesses of leading players?
- 7.3. What are the most notable developments in the market?
- 8 Company Profiles
- 8.1. Vietnam Electricity
- 8.2. PetroVietnam Power Corp
- 8.3. Bitexco Power Corporation
- 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: Vietnam renewable energy market value: $ million, 2017–22
- Table 2: Vietnam renewable energy market volume: GWh, 2017–22
- Table 3: Vietnam renewable energy market category segmentation: % share, by value, 2017–2022
- Table 4: Vietnam renewable energy market category segmentation: $ million, 2017-2022
- Table 5: Vietnam renewable energy market geography segmentation: $ million, 2022
- Table 6: Vietnam renewable energy market value forecast: $ million, 2022–27
- Table 7: Vietnam renewable energy market volume forecast: GWh, 2022–27
- Table 8: Vietnam Electricity: key facts
- Table 9: Vietnam Electricity: Key Employees
- Table 10: PetroVietnam Power Corp: key facts
- Table 11: PetroVietnam Power Corp: Annual Financial Ratios
- Table 12: PetroVietnam Power Corp: Key Employees
- Table 13: Bitexco Power Corporation: key facts
- Table 14: Vietnam size of population (million), 2018–22
- Table 15: Vietnam gdp (constant 2005 prices, $ billion), 2018–22
- Table 16: Vietnam gdp (current prices, $ billion), 2018–22
- Table 17: Vietnam inflation, 2018–22
- Table 18: Vietnam consumer price index (absolute), 2018–22
- Table 19: Vietnam exchange rate, 2018–22
- List of Figures
- Figure 1: Vietnam renewable energy market value: $ million, 2017–22
- Figure 2: Vietnam renewable energy market volume: GWh, 2017–22
- Figure 3: Vietnam renewable energy market category segmentation: $ million, 2017-2022
- Figure 4: Vietnam renewable energy market geography segmentation: % share, by value, 2022
- Figure 5: Vietnam renewable energy market value forecast: $ million, 2022–27
- Figure 6: Vietnam renewable energy market volume forecast: GWh, 2022–27
- Figure 7: Forces driving competition in the renewable energy market in Vietnam, 2022
- Figure 8: Drivers of buyer power in the renewable energy market in Vietnam, 2022
- Figure 9: Drivers of supplier power in the renewable energy market in Vietnam, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Vietnam, 2022
- Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Vietnam, 2022
- Figure 12: Drivers of degree of rivalry in the renewable energy market in Vietnam, 2022
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