Energy as a Service Market Size – USD 55.58 Billion in 2020, Market Growth – at a CAGR of 11.0%, Market Trends – Increase in digitalization and smart metering
The Global Energy as a Service Market Research Report 2021 published by Emergen Research offers a critical overview of the overall market with regards to the market size, market share, market volume, price analysis, global reach, and financial standing. The report further provides an in-depth examination of the key aspects of the industry including factors influencing revenue growth of the industry, regulatory framework, technological and product advancements, growth prospects, along with an impact analysis of the drivers and restraints.
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 Energy as a Service market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision making process. It provides a comprehensive overview of the supply and demand ratio, competitive landscape, market challenges and growth prospects, and limitations along with a thorough analysis of market drivers and restraints.
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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.
The research Energy as a Service report also offers a detailed analysis of the market status, market definition and overview, market share, current and future trends, market drivers and constraints, opportunities and limitations, risks, sales network and distribution channels, details on entry barriers, and market growth prospects. It provides an extensive analysis of the key players operating in the global Energy as a Service market.
The key players profiled in the report are WGL Energy, ENGIE, Schneider Electric, Siemens, Johnson Controls, General Electric, EDF Renewables, Edison International, Alpiq, and Enel X.
The report also offers insights into key factors such as investment opportunities regulatory framework, and technological advancements that are expected to contribute to revenue growth of each regional market.
North America accounted for largest revenue share contribution to the global Energy as a Service market in 2020. Increasing installation of distributed electricity generation and storage technologies along with rising demand for smart devices in the region are key factors boosting rising utilization of energy as a service model.
Key regions covered in the report:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
A SWOT analysis is performed on the leading companies engaged in the Energy as a Service market to offer a better understanding of the strengths, opportunities, weaknesses, and threats of the leading companies. It also covers production and consumption rate, the volatility of prices and demands, market share, market size, global position, and market position of each player.
The report is further segmented on the basis of types, applications, technology, services, and others to offer a clear understanding of the Energy as a Service market and its growth scope.
- 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)
Significant Features of the Energy as a Service Market Report:
- Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
- Assessment of the existing and emerging trends of the business sphere
- Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
- Significant breakdown of the market to assess the factors that might influence the global market growth
- An 8-year forecast for better understanding of the workings and growth opportunities of the market
- Extensive analysis of the key geographical regions to assess market share, market size, production and consumption, revenue contribution, and supply and demand ratio
- Comprehensive overview of the Energy as a Service market on a regional and global level
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The report also offers an idea of the current scenario along with an impact assessment for the coming years. It analyzes the impact of the pandemic on the business sphere, its leading players, supply chains, distribution channels, global economic scenario, along with the impact of the restrictions on the Energy as a Service industry.
TOC of Energy as a Service Market:
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation TechniqueChapter 2. Executive Summary 2.1. Summary Snapshot, 2021-2028Chapter 3. Key InsightsChapter 4. Energy as a Service Market Segmentation & Impact Analysis 4.1. Energy as a Service Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 126.96.36.199. Decentralized power generation 188.8.131.52. Divergence from fossil fuels 184.108.40.206. Growing installation of distributed electricity generation 220.127.116.11. Increasing demand for sustainable and cost-effective services 18.104.22.168. Increase in digitalization and smart metering 4.2.3. Market restraints analysis 22.214.171.124. Utilization of existing centralized utility models 126.96.36.199. High initial investment required for existing grid infrastructure 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Energy as a Service Market By Service type Insights & Trends, Revenue (USD Billion) 5.1. Service type Dynamics & Market Share, 2021 & 2028 5.1.1. Operational and Maintenance Services 5.1.2. Energy Supply Services 5.1.3. Energy Efficiency and Optimization Services
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