Energy as a Service Market to Touch USD 125.54 Billion at 9.20% CAGR by 2030
Research Reports
Nov 10, 2023
Market Analysis
The global energy as a service market will touch USD 125.54 billion at a 9.20% CAGR by 2030, as per the recent Market Research Future report.
Drivers
Increasing Adoption in Commercial Sector to Boost Market Growth
The increasing adoption of energy in the commercial sector will boost market growth in the forecast period for the rising energy consumption coupled with increasing energy prices within this domain. The commercial sector comprises warehouses, healthcare, data centers, educational institutes, and restaurants that consume energy in large amounts. The need for energy optimization along with the use of sustainable energy sources are fuelling market growth. Also, the energy needs differ as per the commercial buildings and EaaS implement the efficiency programs with minimal resources and better technical skills that is favoring market growth.
Opportunities
Growing Focus on Renewable Sources to offer Robust Opportunities
The growing focus on renewable sources will offer robust opportunities for the energy as a service market in the forecast period owing to its smaller carbon footprint, environment-friendliness, lower costs, and high efficiency. Besides, the government’s increasing investments to produce renewable energy is also adding market growth.
Get Free Sample PDF Brochure –
https://www.marketresearchfuture.com/sample_request/6609
Key Players
Prominent industry players profiled in the global energy as a service market report include:
- Johnson Controls (Ireland)
- Duke Energy (US)
- EDF Renewable Energy (UK)
- Edison International (US)
- Engie (France)
- Southern Company (US)
- Schneider Electric SE (France)
- General Electric (US)
- Siemens AG (Germany)
- WGL Energy (US)
- Orsted (Denmark)
- Enel X (Italy)
- SmartWatt (US)
- Bernhard Energy (US
- Enertika (Sapin)
- Honeywell (US)
- Veolia (France)
- Noresco (US)
- WendelEnergy Services (US).
Restraints and Challenges
High Capital Investment to act as Market Restraint
The high capital investment and high deployment cost may act as market restraints over the forecast period.
Besides, the COVID-19 impact may also impede market growth.
Browse In-depth Market Research Report (100 Pages, Charts, Tables, Figures) on Energy as a Service Market –
https://www.marketresearchfuture.com/reports/energy-as-a-service-market-6609
Market Segmentation
The global energy as a service market is bifurcated based on end user and components.
Based on components, services will lead the market over the forecast period.
By end user, industrial will domineer the market over the forecast period.
Regional Analysis
North America to Head Energy as a Service Market
North America will head the energy as a service market over the forecast period for the robust development in data analytics and AI. Other factors boding well for the market growth comprise the rising need for energy in residential and industrial sectors, increasing industrial and commercial projects, increasing use of renewable energy, technological advances and favorable investments made by the government in refining and production sectors. Further, the growing research and developments to create green building models for reducing energy consumption are also adding market growth in the region.
Buy Now Premium Research Report – Get Comprehensive Market Insights.
Europe to Have Admirable Growth in Energy as a Service Market
Europe will have admirable growth in the market over the forecast period for the rising use of renewable sources for the consumption of energy. Germany followed by the UK grabbed the utmost market share in the region.
Browse through more Information And Communications Technology Research Reports.
Related Reports
Business Process Outsourcing (BPO) Services Market –
Business Process Outsourcing (BPO) Services Market Size is Projected to Hit USD 586.92 Billion at a 9.6% CAGR by 2030
Chatbots Market –
Chatbots Market to Capture a CAGR of 23.91% Between 2022 and 2030 While Touching Approximately USD 24.64 Billion by 2030
OTT Market –
OTT Market is anticipated to grow USD 171.49 Billion at a CAGR of 15.80% by 2032
Online Classified Market –
Online Classified Market to Reach USD 381.4 Billion by 2030, with a CAGR of 24.80%
Fantasy Sports Market –
Fantasy Sports Market Size to Reach USD 84.9 Billion, With a CAGR of 14.50% by 2032:
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact Information:
Contact Us: Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com
Tags:
Research Newswire, English