The size of the global market energy as a service is expected to reach USD 127.63 billion in 2028 and register a stable CAGR during the forecast period, according to the latest analysis from Emergen Research. The steady growth in market revenue can be attributed to the energy sector’s growing preference for distributed power generation. The growing need for energy generation in a sustainable, cost-effective and reliable manner is another major factor driving the demand for distributed energy and supporting the revenue growth of the global energy-as-a-service market.
Empowering businesses, local consumers and communities with the help of decentralized energy, as small power plants can be connected to the grid, stimulates the regular use of decentralized electricity distribution services. The energy industry has witnessed a shift towards distributed energy resources in order to overcome network reliability issues, severe weather, equipment failure, cost reduction of distributed energy resources, among others are other key factors driving the growth of Global Energy as a Service. market. The growing need to improve energy supply is also driving an increasing adoption of energy as a service model, which includes common distributed power generation solutions such as combined heat and power, microturbines, solar photovoltaic, diesel and natural gas generators, and fuel cells.
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The increase in digitalization and smart meters is driving the development of energy as a service in recent years. Digitization helps transform energy-related data into value for the power system. Using this data, energy service providers develop consumer-centric business models to optimize consumers’ energy consumption and minimize their electricity bills.
The competitive landscape of the report has been formulated considering all the essential parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial condition, market position and expansion plans. The report also examines in detail recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government agreements, and partnerships, among others. The report also sheds light on recent technological developments and product advancements in the Energy as a Service market.
Additionally, the report provides details about new players entering the market and barriers to entry-level and offers strategic recommendations to overcome these hurdles to gain a substantial presence in the industry.
Main actors 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:
Regional analysis includes an in-depth study of key geographic regions to better understand the market and provide accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Regional analysis covers analysis of key market segments, including Revenue, CAGR, Import/Export, Supply & Demand Report, Production & Consumption Report, Analysis of the industrial chain and market dynamics in each region of the geographies.
Emergen Research has segmented the global energy-as-a-service market based on type of service, end use, and region:
Service Type Outlook (Revenue, USD Billion; 2018-2028)
Operation and Maintenance Services
energy supply Services
energy efficiency and optimization
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Industrial
Commercial
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Market taxonomy:
Chapter 1: Methodology and scope
Definition and forecast parameters
Methodology and parameters
Data sources
Chapter 2 :
Summary
Business trends
Regional trends Trends
Trending products
end use
Chapter 3:
Insight
Industry Segmentation
of industry Landscape of industry
Vendor Matrix
technology and innovation
Chapter 4:
Regional landscape
Chapter 5:
Profile of
Company Overview
Financial datas
Product Landscape
Strategic insights
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