The EaaS market growth in European countries is mainly driven by the factors such as rising preference towards decentralization power generation, low cost renewable power generation, and increase in digitalization and transformation in power sectors. The advancement in smart monitoring systems has resulted in their increased adoption in energy sectors to continuous monitoring of the energy consumption. The presence of major players such as Engie, Siemens, Jonhson Control, Alpid, and Enel X, among others in the region and their contribution in order to offer highly efficient services to their customers also propelling the market growth. Rising need to overcome the dependence on non-renewable energy resources to reduce the carbon emission have increased the demand for renewable energy sources, which in turn, accelerates the market growth. However, the lack of skilled person, and challenges related to the deployment and integration of energy models are the factors projected to hamper the growth of the market in Europe during the forecast period.
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Europe Energy as a Service (EaaS) market is segmented on the basis of type and end-user. Based on type, the market is segmented into power generation services, operational and maintenance services, and energy efficiency and optimization services. Among these, energy efficiency & optimization services segment is projected to register significant growth during the forecast period. This is owing to the increasing government initiative towards adoption of renewable energy sources for optimization of energy consumption in commercial and industrial sector. Based on end-user, the energy as a service market in is categorized into commercial, industrial, and others (government). Among these, the energy as a service in industrial end-user is anticipated to hold the largest share in the market during the forecast period. Whereas commercial sector is anticipated to be the fastest-growing during the forecast period owing to the establishment of educational institutions, healthcare institutes, information centers, airports, and others and increasing energy demand by these end-users.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Europe Energy as a Service (EaaS) Market, By Type
- Power Generation Services
- Operational and Maintenance Services
- Energy Efficiency and Optimization Services
Europe Energy as a Service (EaaS) Market, By End-User
- Commercial
- Industrial
- Others (Government)
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Alpiq Holding AG
- Blackstone Energy Services Inc.
- Carbon Lighthouse Inc.
- ON SE
- Enel X s.r.l. (Italy)
- Enertika (Europe, Spain)
- ENGIE (France)
- Ørsted A/S Europe (Denmark)
- Schneider Electric SE (France)
- Siemens AG (Germany)
- Veolia Environment SA (France)
The Report covers:
- Comprehensive research methodology of the Europe Energy as a Service (EaaS) market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Europe Energy as a Service (EaaS) market.
- Insights about market determinants which are stimulating the Europe Energy as a Service (EaaS) market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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