The global Energy as a Service market size is expected to reach USD 127.63 Billion in 2028 and register a steady CAGR over the forecast period. Steady market revenue growth can be attributed to growing preference in the energy sector towards decentralized power generation. Rising need for energy production in a sustainable, cost-effective, and reliable manner is another major factor driving demand for decentralized energy and supporting revenue growth of the global energy as a service market.
Empowerment of businesses, local consumers, and communities with the help of decentralized energy as the smaller power generation plants can be connected to the grid is boosting steady utilization of decentralized power distribution services. The power industry has been experiencing a shift towards distributed energy resources in order to overcome grid reliability issues, severe weather events, equipment failures, reduction in costs of distributed energy resources, among others are other key factors driving growth of the global energy as a service market. Rising need to improve energy supply is also increasing adoption of energy as a service model, which includes common distributed energy generation solutions such as combined heat and power, microturbines, solar PV, diesel, and natural gas gensets, and fuel cells.
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Increase in digitalization and smart metering is boosting the development of energy as a service in recent years. Digitalization helps in transforming energy related data into value for the power system. With the help of the data, energy service providers are developing consumer-centric business models to optimize energy consumption of consumers and minimize their electricity bills.
The Global Energy as a Service Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Energy as a Service Market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry. The report sheds light on the minute details of the Energy as a Service Market industry pertaining to growth factors, opportunities and lucrative business prospects, regions showing promising growth, and forecast estimation till 2020. The report assesses the historical data and current scenario to offer accurate estimations of the Energy as a Service Market in the coming years.
Key players involved:
WGL Energy, ENGIE, Schneider Electric, Siemens, Johnson Controls, General Electric, EDF Renewables, Edison International, Alpiq, and Enel X.
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Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
Emergen Research has segmented the global Energy as a Service market on the basis of service type, end-use, and region:
Service type Outlook (Revenue, USD Billion; 2018–2028)
Operational and Maintenance Services
Energy Supply Services
Energy Efficiency and Optimization Services
End-use Outlook (Revenue, USD Billion; 2018–2028)
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Chapter 1: Methodology Scope
Definition and forecast parameters
Methodology and forecast parameters
Technological and innovation landscape
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