
Electricity Retailing in the United Kingdom
Description
Electricity Retailing in the United Kingdom
Summary
Electricity Retailing in the United Kingdom 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
Summary
Electricity Retailing in the United Kingdom 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 UK electricity retailing market recorded revenues of $66.3 billion in 2024, representing a negative compound annual growth rate (CAGR) of 0.1% between 2019 and 2024.
- Market consumption volume reached a total of 312.6 TWh in 2024.
- In 2024, electricity consumption in the UK witnessed an annual growth of 1.5%, primarily fueled by the accelerating adoption of electric vehicles (EVs). According to GlobalData, in 2024, the hybrid and EV sales in the UK reached 889.8 thousand, up 14.8% annually.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the electricity retailing market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the electricity retailing market in the United Kingdom
- 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 United Kingdom electricity retailing market with five year forecasts
- What was the size of the United Kingdom electricity retailing market by value in 2024?
- What will be the size of the United Kingdom electricity retailing market in 2029?
- What factors are affecting the strength of competition in the United Kingdom electricity retailing market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's electricity retailing market?
Table of Contents
42 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 are the most recent developments in the market?
- 8 Company Profiles
- 8.1. E.ON SE
- 8.2. Octopus Energy Group Ltd
- 8.3. Ovo Energy Ltd
- 8.4. British Gas 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: United Kingdom electricity retailing market value: $ billion, 2019-24
- Table 2: United Kingdom electricity retailing market volume: TWh, 2019-24
- Table 3: United Kingdom electricity retailing market category segmentation: % share, by volume, 2019-24
- Table 4: United Kingdom electricity retailing market category segmentation: TWh, 2019-24
- Table 5: United Kingdom electricity retailing market geography segmentation: $ billion, 2024
- Table 6: United Kingdom electricity retailing market value forecast: $ billion, 2024-29
- Table 7: United Kingdom electricity retailing market volume forecast: TWh, 2024-29
- Table 8: E.ON SE: Key Facts
- Table 9: E.ON SE: Annual Financial Ratios
- Table 10: E.ON SE: Key Employees
- Table 11: Octopus Energy Group Ltd: Key Facts
- Table 12: Ovo Energy Ltd: Key Facts
- Table 13: Ovo Energy Ltd: Key Employees
- Table 14: British Gas Ltd: Key Facts
- Table 15: British Gas Ltd: Key Employees
- Table 16: United Kingdom Size of Population (Million), 2020-24
- Table 17: United Kingdom Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 18: United Kingdom GDP (Current Prices, $ Billion), 2020-24
- Table 19: United Kingdom Inflation, 2020-24
- Table 20: United Kingdom Consumer Price Index (Absolute), 2020-24
- Table 21: United Kingdom Exchange Rate, 2019-24
- List of Figures
- Figure 1: United Kingdom electricity retailing market value: $ billion, 2019-24
- Figure 2: United Kingdom electricity retailing market volume: TWh, 2019-24
- Figure 3: United Kingdom electricity retailing market category segmentation: TWh, 2019-24
- Figure 4: United Kingdom electricity retailing market geography segmentation: % share, by value, 2024
- Figure 5: United Kingdom electricity retailing market value forecast: $ billion, 2024-29
- Figure 6: United Kingdom electricity retailing market volume forecast: TWh, 2024-29
- Figure 7: Forces driving competition in the electricity retailing market in the United Kingdom, 2024
- Figure 8: Drivers of buyer power in the electricity retailing market in the United Kingdom, 2024
- Figure 9: Drivers of supplier power in the electricity retailing market in the United Kingdom, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the electricity retailing market in the United Kingdom, 2024
- Figure 11: Factors influencing the threat of substitutes in the electricity retailing market in the United Kingdom, 2024
- Figure 12: Drivers of degree of rivalry in the electricity retailing market in the United Kingdom, 2024
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