Energy as a service (EaaS) is a business model under which consumers pay for an energy service without having to form any direct capital investment. The EaaS model is highly cost-effective as it addresses the energy efficiency gap and eventually reduces energy consumption. The EaaS model has significantly changed the approach and strategies followed by companies to reduce energy spending.

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The significant factors propelling the growth of the Global Energy as a Service market include the increasing distributed energy resources and the declining cost of renewable power generation and storage solution and tax benefits for energy efficiency projects. The growing renewable energy potential, increasing energy consumption, and price volatility are also attributing towards the growth of the market. The rising focus on renewable energy sources owing to its less cost, minimize carbon footprint, energy-efficient, and environment friendly, will have a positive impact on the growing demand of the market. Moreover, the increasing usage of energy-efficient technologies for operational and maintenance saving is further encouraging the end-users to opt for EaaS. On the other hand, well established existing centralized utility models and integration and deployment challenges associated with the EaaS are likely to hamper the growth of the market.

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Based on the service, the energy supply services segment is expected to grow at a higher CAGR over the forecast period owing to rise in offerings of energy supply including distributed energy generation solutions such as diesel and natural gas gensets, solar PV, combined heat and power, microturbines, and fuel cells to improve energy supply. It provides the consumers with the flexibility of choice on ownership, pricing, and financing and provides the operators with a customized energy generation design option as per the consumer’s requirement.

Based on the end-user, the commercial segment is projected to grow at a higher CAGR during the forecast period owing to the rising emphasis on energy efficiency across the globe. In addition to this, the energy service implementations are being mandated across the globe in the commercial sector will further propel the demand for Global Energy as a service market over the coming years.

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Based on the region, North America is anticipated to lead the market during the forecast period owing to the increasing implementation of energy efficiency projects in the U.S. and Canada. New approaches such as pay-for-performance are being launched in the U.S. to enhance energy efficiency at a larger scale in the commercial sector. An increase in the share of renewable power generation and energy efficiency activities is further expected to drive the market in this region.

The major key players in the market include WGL Energy, Engie, Schneider Electric SE, Siemens AG, Johnson Controls International plc, General Electric, EDF Renewable Energy, Edison Energy, Enel X S.r., and Bernhard, LLC among others.

Key Developments:

• • In May 2019, Engie entered into contract with a Malaysian Manufacturing company, UAC Barhad to enhance the energy efficiency of the compressed air system at UAC.

The Global Energy as a Service market has been segmented based on the service type, end-user, and aregion. Based on service, the market is segmented into Energy Supply Services, Operational and Maintenance Services, and Energy Efficiency and Optimization Services. Based on end-user, the market is segmented into Commercial, and Industrial.

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Key questions answered in this research report:

• • At what pace is the global Energy as a Service market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the global Energy as a Service market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Energy as a Service market?
  • Which type of service generated maximum revenues in 2019 and identify the most promising type of services during the forecast period?
  • What are the various end-user areas of the global Energy as a Service market, and how are they poised to grow?
  • What companies are the major participants in the global Energy as a Service market and their business strategies, how does the competitive landscape look like?

 

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Service Type, By End-User, and By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	WGL Energy, Engie, Schneider Electric SE, Siemens AG, Johnson Controls International plc, General Electric, EDF Renewable Energy, Edison Energy, Enel X S.r., and Bernhard, LLC; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

 

Market Segmentation

Global Energy as a Service Market by Service Type

• • Energy Supply Services
  • Operational and Maintenance Services
  • Energy Efficiency and Optimization Services

Global Energy as a Service Market by End-User

• • Commercial
  • Industrial

Global Energy as a Service Market by Region

• • North America Energy as a Service Market
    (Option 1: As a part of the free 25% customization)
    • North America Market by Service Type
    • North America Market by End-User
    • US Market All-Up
    • Canada Market All-Up
  • Europe Energy as a Service Market
    (Option 2: As a part of the free 25% customization)
    • Europe Market by Service Type
    • Europe Market by End-User
    • United Kingdom (UK) Market All-Up
    • Germany Market All-Up
    • Spain Market All-Up
    • France Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Energy as a Service Market
    (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Service Type
    • Asia-Pacific Market by End-User
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • ROW Energy as a Service Market
    (Option 4: As a part of the free 25% customization)
    • RoW Market by Service Type
    • RoW Market by End-User
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • Argentina Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Energy as a Service Market Leading Players (Option 5: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • WGL Energy
  • Engie
  • Schneider Electric SE
  • Siemens AG
  • Johnson Controls International plc
  • General Electric
  • EDF Renewable Energy
  • Edison Energy
  • Enel X S.r.
  • Bernhard, LLC