Renewable Energy in South KoreaIntroduction
Renewable Energy in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2009-13, and forecast to 2018). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the South Korea renewable energy market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.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, tide and wave energy; electricity generated through biomass and waste; and geothermal energy. The volume of the market is calculated as the net volume of electricity produced through renewable means in gigawatt hours (GWh), and the market value has been calculated according to an average of annual domestic and industrial retail prices per kWH, inclusive of applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2013 annual average exchange rates. Please note that 1 gigawatt hour (GWh) is identical to 1 million kilowatt hours (kWh), or 1,000 megawatt hours (MWh).
- The South Korean renewable energy market had total revenues of $1,103.4m in 2013, representing a compound annual growth rate (CAGR) of 36.2% between 2009 and 2013.
- Market production volume increased with a CAGR of 23.0% between 2009 and 2013, to reach a total of 10,876.3 GWh in 2013.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 12.7% for the five-year period 2013 - 2018, which is expected to drive the market to a value of $2,004.0m by the end of 2018.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in South Korea
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in South Korea
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 South Korea renewable energy market with five year forecasts
Macroeconomic indicators provide insight into general trends within the South Korea economyKey Questions Answered
What was the size of the South Korea renewable energy market by value in 2013?
What will be the size of the South Korea renewable energy market in 2018?
What factors are affecting the strength of competition in the South Korea renewable energy market?
How has the market performed over the last five years?