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Electricity Retailing in Singapore

Publisher MarketLine
Published Jul 10, 2025
Length 41 Pages
SKU # MTLN20472828

Description

Electricity Retailing in Singapore

Summary

Electricity Retailing in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The electricity retailing market includes net consumption of electricity by end-users. By end-use, the market is segmented into industrial, transportation, commercial & public services, residential, and others. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
  • The Singaporean electricity retailing market recorded revenues of $9.6 billion in 2024, representing a compound annual growth rate (CAGR) of 1.6% between 2019 and 2024.
  • Market consumption volume increased with a CAGR of 1.7% between 2019 and 2024, reaching a total of 58.5 TWh in 2024.
  • In 2024, the revenue of the Singaporean electricity retailing market witnessed an annual growth of 1.7% due to the rise in demand from private apartments and condominiums. According to the Energy Market Authority (EMA), in 2024, the average monthly household electricity consumption by private apartments and condominiums in Singapore reached 1,340.8 kWh, up 43.6% annually.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the electricity retailing market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the electricity retailing market in Singapore
  • Leading company profiles reveal details of key electricity retailing market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Singapore electricity retailing market with five year forecasts
Reasons to Buy
  • What was the size of the Singapore electricity retailing market by value in 2024?
  • What will be the size of the Singapore electricity retailing market in 2029?
  • What factors are affecting the strength of competition in the Singapore electricity retailing market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's electricity retailing market?

Table of Contents

41 Pages
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 strategies do the leading players follow?
7.3. What deals and investments have leading players made in recent years?
8 Company Profiles
8.1. YTL PowerSeraya Pte Ltd
8.2. Senoko Energy Pte Ltd
8.3. Tuas Power Supply Pte Ltd
8.4. Keppel Electric Pte Ltd
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: Singapore electricity retailing market value: $ billion, 2019-24
Table 2: Singapore electricity retailing market volume: TWh, 2019-24
Table 3: Singapore electricity retailing market category segmentation: % share, by volume, 2019-24
Table 4: Singapore electricity retailing market category segmentation: TWh, 2019-24
Table 5: Singapore electricity retailing market geography segmentation: $ billion, 2024
Table 6: Singapore electricity retailing market value forecast: $ billion, 2024-29
Table 7: Singapore electricity retailing market volume forecast: TWh, 2024-29
Table 8: YTL PowerSeraya Pte Ltd: Key Facts
Table 9: YTL PowerSeraya Pte Ltd: Key Employees
Table 10: Senoko Energy Pte Ltd: Key Facts
Table 11: Senoko Energy Pte Ltd: Key Employees
Table 12: Tuas Power Supply Pte Ltd: Key Facts
Table 13: Keppel Electric Pte Ltd: Key Facts
Table 14: Keppel Electric Pte Ltd: Key Employees
Table 15: Singapore Size of Population (Million), 2020-24
Table 16: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 17: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 18: Singapore Inflation, 2020-24
Table 19: Singapore Consumer Price Index (Absolute), 2020-24
Table 20: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore electricity retailing market value: $ billion, 2019-24
Figure 2: Singapore electricity retailing market volume: TWh, 2019-24
Figure 3: Singapore electricity retailing market category segmentation: TWh, 2019-24
Figure 4: Singapore electricity retailing market geography segmentation: % share, by value, 2024
Figure 5: Singapore electricity retailing market value forecast: $ billion, 2024-29
Figure 6: Singapore electricity retailing market volume forecast: TWh, 2024-29
Figure 7: Forces driving competition in the electricity retailing market in Singapore, 2024
Figure 8: Drivers of buyer power in the electricity retailing market in Singapore, 2024
Figure 9: Drivers of supplier power in the electricity retailing market in Singapore, 2024
Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in Singapore, 2024
Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in Singapore, 2024
Figure 12: Drivers of degree of rivalry in the electricity retailing market in Singapore, 2024

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