
Renewable Energy in Hong Kong
Description
Renewable Energy in Hong Kong
Summary
Renewable Energy in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market share, 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
Renewable Energy in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market share, 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
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Hong Kongese renewable energy market recorded revenues of $10.0 million in 2024, representing a compound annual growth rate (CAGR) of 2.0% between 2019 and 2024.
- Market production volume increased with a CAGR of 1.9% between 2019 and 2024, reaching a total of 122.5 GWh in 2024.
- Hong Kong’s renewable energy sector is still in its early stages, with most power generated from natural gas, nuclear, and coal. The government has set ambitious goals to increase renewables to 7.5-10% by 2035 and 15% by 2050, supported by initiatives such as feed-in tariffs and solar mapping.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Hong Kong
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Hong Kong
- 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 Hong Kong renewable energy market with five year forecasts
- What was the size of the Hong Kong renewable energy market by value in 2024?
- What will be the size of the Hong Kong renewable energy market in 2029?
- What factors are affecting the strength of competition in the Hong Kong renewable energy market?
- How has the market performed over the last five years?
- Who are the top competitors in Hong Kong's renewable energy 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. Geography segmentation
- 1.6. Market rivalry
- 1.7. 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. 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 strengths of the leading players?
- 8 Company Profiles
- 8.1. CLP Holdings Ltd
- 8.2. China Power International Development Ltd
- 8.3. The Hongkong Electric Co 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: Hong Kong renewable energy market value: $ million, 2019-24
- Table 2: Hong Kong renewable energy market volume: GWh, 2019-24
- Table 3: Hong Kong renewable energy market geography segmentation: $ million, 2024
- Table 4: Hong Kong renewable energy market value forecast: $ million, 2024-29
- Table 5: Hong Kong renewable energy market volume forecast: GWh, 2024-29
- Table 6: CLP Holdings Ltd: Key Facts
- Table 7: CLP Holdings Ltd: Annual Financial Ratios
- Table 8: CLP Holdings Ltd: Key Employees
- Table 9: China Power International Development Ltd: Key Facts
- Table 10: China Power International Development Ltd: Annual Financial Ratios
- Table 11: China Power International Development Ltd: Key Employees
- Table 12: The Hongkong Electric Co Ltd: Key Facts
- Table 13: The Hongkong Electric Co Ltd: Key Employees
- Table 14: Hong Kong Size of Population (Million), 2020-24
- Table 15: Hong Kong Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 16: Hong Kong GDP (Current Prices, $ Billion), 2020-24
- Table 17: Hong Kong Inflation, 2020-24
- Table 18: Hong Kong Consumer Price Index (Absolute), 2020-24
- Table 19: Hong Kong Exchange Rate, 2019-24
- List of Figures
- Figure 1: Hong Kong renewable energy market value: $ million, 2019-24
- Figure 2: Hong Kong renewable energy market volume: GWh, 2019-24
- Figure 3: Hong Kong renewable energy market geography segmentation: % share, by value, 2024
- Figure 4: Hong Kong renewable energy market value forecast: $ million, 2024-29
- Figure 5: Hong Kong renewable energy market volume forecast: GWh, 2024-29
- Figure 6: Forces driving competition in the renewable energy market in Hong Kong, 2024
- Figure 7: Drivers of buyer power in the renewable energy market in Hong Kong, 2024
- Figure 8: Drivers of supplier power in the renewable energy market in Hong Kong, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the renewable energy market in Hong Kong, 2024
- Figure 10: Factors influencing the threat of substitutes in the renewable energy market in Hong Kong, 2024
- Figure 11: Drivers of degree of rivalry in the renewable energy market in Hong Kong, 2024
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