Global Retail Electricity Market Size study & Forecast, by End user (Residential, Commercial, Industrial) and Regional Analysis, 2023-2030

Description

List of Tables

The retail electricity market refers to the sector of the energy industry where electricity is sold directly to end-use consumers, such as residential, commercial, and industrial customers. In this market, consumers have the option to choose their electricity supplier from a range of providers, rather than being limited to a single utility company. The major driving factors for the Global Retail Electricity Market are increasing emphasis on renewable energy, increasing digitalization of energy services and sustainability and deregulation of the electricity industry. Moreover, advancements in energy technologies and supportive regulatory frameworks are creating lucrative growth opportunity for the market over the forecast period 2023-2030.

According to International Energy Agency, the digitalization across the globe is growing at a remarkable rate. The volume of data being generated is experiencing exponential growth, as evident by the fact that internet traffic has tripled in the last five years alone. Furthermore, a staggering 90% of the world's data has been created within the past two years. Along with this, according to the same source global annual internet traffic has increased significantly. For instance, the number of connected individuals and devices is continuously on the rise, showcasing the increasing connectivity of people worldwide. In 2020, more than 3.5 billion people, which accounts for almost half of the global population, are using the internet. This is a significant increase from the mere 500 million internet users in 2001. However, the high cost of Retail Electricity stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Retail Electricity Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to growing emphasis on renewable energy, driven by environmental concerns and government policies. Many retail electricity providers in North America offer green energy options and support renewable energy projects. Asia Pacific is expected to grow significantly during the forecast period, owing to rapid urbanization, increasing energy consumption, and economic growth drive the retail electricity market in Asia-Pacific. The region is experiencing a rise in renewable energy investments and grid modernization initiatives.

Major market player included in this report are:

Enersource Corporation
Hydro One, Inc
R&M Electrical Group Ltd
Constellation Energy Resources, LLC
4Change Energy
AEP Energy
Sumitomo Corporation
Ambit Energy
Amigo Energy
Beyond Power

Recent Developments in the Market:

In January 2023, Competitive Power Ventures (CPV) has introduced CPV Retail Energy, a retail energy platform. Initially, it will focus on serving as a retail electric provider for commercial and industrial customers in states within the PJM market. Eventually, CPV Retail Energy aims to expand its services to include the New York and New England regions.

Global Retail Electricity Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: End user, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and End user offerings of key players. The detailed segments and sub-segment of the market are explained below.

By End user:

Residential
Commercial
Industrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Retail Electricity Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Retail Electricity Market, by End user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Retail Electricity Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Retail Electricity Market Dynamics

3.1. Retail Electricity Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing emphasis on renewable energy and sustainability
  - 3.1.1.2. Increasing digitalization of energy services
  - 3.1.1.3. Deregulation of the electricity industry
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Retail Electricity
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in energy technologies
  - 3.1.3.2. Supportive regulatory frameworks

Chapter 4. Global Retail Electricity Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Retail Electricity Market, by End user

5.1. Market Snapshot
5.2. Global Retail Electricity Market by End user, Performance - Potential Analysis
5.3. Global Retail Electricity Market Estimates & Forecasts by End user 2020-2030 (USD Billion)
5.4. Retail Electricity Market, Sub Segment Analysis
- 5.4.1. Residential
- 5.4.2. Commercial
- 5.4.3. Industrial

Chapter 6. Global Retail Electricity Market, Regional Analysis

6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Retail Electricity Market, Regional Market Snapshot
6.4. North America Retail Electricity Market
- 6.4.1. U.S. Retail Electricity Market
  - 6.4.1.1. End user breakdown estimates & forecasts, 2020-2030
- 6.4.2. Canada Retail Electricity Market
6.5. Europe Retail Electricity Market Snapshot
- 6.5.1. U.K. Retail Electricity Market
- 6.5.2. Germany Retail Electricity Market
- 6.5.3. France Retail Electricity Market
- 6.5.4. Spain Retail Electricity Market
- 6.5.5. Italy Retail Electricity Market
- 6.5.6. Rest of Europe Retail Electricity Market
6.6. Asia-Pacific Retail Electricity Market Snapshot
- 6.6.1. China Retail Electricity Market
- 6.6.2. India Retail Electricity Market
- 6.6.3. Japan Retail Electricity Market
- 6.6.4. Australia Retail Electricity Market
- 6.6.5. South Korea Retail Electricity Market
- 6.6.6. Rest of Asia Pacific Retail Electricity Market
6.7. Latin America Retail Electricity Market Snapshot
- 6.7.1. Brazil Retail Electricity Market
- 6.7.2. Mexico Retail Electricity Market
6.8. Middle East & Africa Retail Electricity Market
- 6.8.1. Saudi Arabia Retail Electricity Market
- 6.8.2. South Africa Retail Electricity Market
- 6.8.3. Rest of Middle East & Africa Retail Electricity Market

Chapter 7. Competitive Intelligence

7.1. Key Company SWOT Analysis
- 7.1.1. Company 1
- 7.1.2. Company 2
- 7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
- 7.3.1. Enersource Corporation
  - 7.3.1.1. Key Information
  - 7.3.1.2. Overview
  - 7.3.1.3. Financial (Subject to Data Availability)
  - 7.3.1.4. Product Summary
  - 7.3.1.5. Recent Developments
- 7.3.2. Hydro One, Inc
- 7.3.3. R&M Electrical Group Ltd
- 7.3.4. Constellation Energy Resources, LLC
- 7.3.5. 4Change Energy
- 7.3.6. AEP Energy
- 7.3.7. Sumitomo Corporation
- 7.3.8. Ambit Energy
- 7.3.9. Amigo Energy
- 7.3.10. Beyond Power

Chapter 8. Research Process

8.1. Research Process
- 8.1.1. Data Mining
- 8.1.2. Analysis
- 8.1.3. Market Estimation
- 8.1.4. Validation
- 8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Retail Electricity Market, report scope
TABLE 2. Global Retail Electricity Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Retail Electricity Market estimates & forecasts by End user 2020-2030 (USD Billion)
TABLE 4. Global Retail Electricity Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 5. Global Retail Electricity Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Retail Electricity Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Retail Electricity Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Retail Electricity Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Retail Electricity Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Retail Electricity Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Retail Electricity Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Retail Electricity Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Retail Electricity Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. U.S. Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 16. U.S. Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. Canada Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Canada Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. UK Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. UK Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Germany Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. Germany Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. France Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. France Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Italy Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. Italy Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Spain Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Spain Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. RoE Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. RoE Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. China Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. China Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. India Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. India Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. Japan Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. Japan Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. South Korea Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. South Korea Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Australia Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. Australia Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. RoAPAC Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. RoAPAC Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Brazil Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. Brazil Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Mexico Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Mexico Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. RoLA Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. RoLA Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Saudi Arabia Retail Electricity Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. South Africa Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoMEA Retail Electricity Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. List of secondary sources, used in the study of global Retail Electricity Market
TABLE 69. List of primary sources, used in the study of global Retail Electricity Market
TABLE 70. Years considered for the study
TABLE 71. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Retail Electricity Market, research methodology
FIG 2. Global Retail Electricity Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Retail Electricity Market, key trends 2022
FIG 5. Global Retail Electricity Market, growth prospects 2023-2030
FIG 6. Global Retail Electricity Market, porters 5 force model
FIG 7. Global Retail Electricity Market, pest analysis
FIG 8. Global Retail Electricity Market, value chain analysis
FIG 9. Global Retail Electricity Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Retail Electricity Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Retail Electricity Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Retail Electricity Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Retail Electricity Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Retail Electricity Market, regional snapshot 2020 & 2030
FIG 15. North America Retail Electricity Market 2020 & 2030 (USD Billion)
FIG 16. Europe Retail Electricity Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Retail Electricity Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Retail Electricity Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Retail Electricity Market 2020 & 2030 (USD Billion)