Energy Consumption in Canada
Summary
Energy Consumption in Canada 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
- Energy consumption refers to the total amount of energy used to power a specific process, activity, or equipment. This energy can be sourced from various sources, including electricity, which is produced from resources such as coal, natural gas, nuclear, hydropower, wind, and solar power. Additionally, energy can be obtained from other sources like gas, diesel, oil, biofuels, and biomass.
- The Canadian energy consumption sector registered revenues of $249.3 billion in 2023, representing a compound annual growth rate (CAGR) of 3.2% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 1.1% between 2018 and 2023, to reach a total of 453.8 million toe (tonnes of oil equivalent) in 2023.
- According to GlobalData, Canada captured a share of 12.3% of the American energy consumption sector, in 2023.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the energy consumption market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the energy consumption market in Canada
- Leading company profiles reveal details of key energy consumption market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada energy consumption market with five year forecasts
- What was the size of the Canada energy consumption market by value in 2023?
- What will be the size of the Canada energy consumption market in 2028?
- What factors are affecting the strength of competition in the Canada energy consumption market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's energy consumption market?
- 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 recent developments in the sector?
- 8 Company Profiles
- 8.1. Enbridge Inc
- 8.2. Suncor Energy Inc
- 8.3. TC Energy Corporation
- 8.4. Canadian Natural Resources 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: Canada energy consumption sector value: $ billion, 2018-23
- Table 2: Canada energy consumption sector volume: million toe, 2018-23
- Table 3: Canada energy consumption sector category segmentation: % share, by value, 2018-23
- Table 4: Canada energy consumption sector category segmentation: $ billion, 2018-23
- Table 5: Canada energy consumption sector geography segmentation: $ billion, 2023
- Table 6: Canada energy consumption sector value forecast: $ billion, 2023-28
- Table 7: Canada energy consumption sector volume forecast: million toe, 2023-28
- Table 8: Enbridge Inc: Key Facts
- Table 9: Enbridge Inc: Annual Financial Ratios
- Table 10: Enbridge Inc: Key Employees
- Table 11: Suncor Energy Inc: Key Facts
- Table 12: Suncor Energy Inc: Annual Financial Ratios
- Table 13: Suncor Energy Inc: Key Employees
- Table 14: TC Energy Corporation: Key Facts
- Table 15: TC Energy Corporation: Annual Financial Ratios
- Table 16: TC Energy Corporation: Key Employees
- Table 17: Canadian Natural Resources Ltd: Key Facts
- Table 18: Canadian Natural Resources Ltd: Annual Financial Ratios
- Table 19: Canadian Natural Resources Ltd: Key Employees
- Table 20: Canada Size of Population (million), 2019-23
- Table 21: Canada Real GDP (Constant 2010 Prices, $ Billion), 2019-23
- Table 22: Canada GDP (Current Prices, $ Billion), 2019-23
- Table 23: Canada Inflation, 2019-23
- Table 24: Canada Consumer Price Index (Absolute), 2019-23
- Table 25: Canada Exchange Rate, 2018-23
- List of Figures
- Figure 1: Canada energy consumption sector value: $ billion, 2018-23
- Figure 2: Canada energy consumption sector volume: million toe, 2018-23
- Figure 3: Canada energy consumption sector category segmentation: $ billion, 2018-23
- Figure 4: Canada energy consumption sector geography segmentation: % share, by value, 2023
- Figure 5: Canada energy consumption sector value forecast: $ billion, 2023-28
- Figure 6: Canada energy consumption sector volume forecast: million toe, 2023-28
- Figure 7: Forces driving competition in the energy consumption sector in Canada, 2023
- Figure 8: Drivers of buyer power in the energy consumption sector in Canada, 2023
- Figure 9: Drivers of supplier power in the energy consumption sector in Canada, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the energy consumption sector in Canada, 2023
- Figure 11: Factors influencing the threat of substitutes in the energy consumption sector in Canada, 2023
- Figure 12: Drivers of degree of rivalry in the energy consumption sector in Canada, 2023
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