The global Energy as a Service (EaaS) market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the growth of the market include rising industrialization across the globe and increasing focus on reducing energy costs. As per the European Commission, buildings are accountable for nearly 36% of CO2 emissions and 40% of energy consumption in the EU. Currently, nearly 75% of the building stock in the EU is energy inefficient, nearly 35% of the buildings in the EU are more than 50 years old, while only 0.4-1.2% of the building stock is renovated annually.
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Therefore, the European government is supporting energy-efficient buildings through its new rule Directive (2018/844/EU) on the energy performance of buildings, launched in July 2018 as part of the Clean Energy for All Europeans package. Such new provisions will make future buildings much comfortable and greener, which thereby will consume less energy. The new rule encourages the utilization of investments in renovation and is anticipated that SMEs will primarily benefit from renovation, as it accounts for over 70% of the value-added in the EU building sector. This, in turn, will encourage the adoption of EaaS for demand and supply management of energy.
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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
Global EaaS Market by Type
- Power Generation Services
- Operational and Maintenance Services
- Energy Efficiency and Optimization Services
Global EaaS Market by End-User
- Commercial
- Industrial
- Others (Government)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bernhard
- Blackstone Energy Services Inc.
- Carbon Lighthouse Inc.
- Centrica plc
- ON SE
- EDF Trading Ltd.
- Edison International
- Enel X s.r.l.
- Enertika
- ENGIE
- Entegrity
- Flywheel Energy, LLC
- Honeywell International Inc.
- Ørsted A/S
- Schneider Electric SE
- Sealed Inc.
- Siemens AG
- Sunrun Inc.
- United Technologies Corp.
- Veolia Environnement SA
- WGL Holdings, Inc.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global EaaS market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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