The global Energy as a Service market size is expected to reach USD 127.63 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to growing preference in the energy sector towards decentralized power generation. Rising need for energy production in a sustainable, cost-effective, and reliable manner is another major factor driving demand for decentralized energy and supporting revenue growth of the global energy as a service market. Empowerment of businesses, local consumers, and communities with the help of decentralized energy as the smaller power generation plants can be connected to the grid is boosting steady utilization of decentralized power distribution services.

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The report concludes with a panoramic view of the global Energy as a Service industry, which comprises the salient global and regional market aspects, supported by key statistical data and industry-verified facts. It thoroughly examines the market size, share, and volume existing throughout the historical years (2018-2019) in order to forecast the same for the projected years (2021-2028). Furthermore, the report studies a wide array of growth prospects and threats and challenges that are poised to influence the performance of the key market players in the near future.

Market Segmentation by Key Player:

WGL Energy, ENGIE, Schneider Electric, Siemens, Johnson Controls, General Electric, EDF Renewables, Edison International, Alpiq, and Enel X.

Some Key Highlights From the Report

• Energy supply services segment accounted for largest revenue share in 2020. Increase in energy supply offerings, which consist of fossil fuels, renewable sources of energy, biofuels, and biomass, is boosting demand for energy supply services for more efficient energy supply.
• Commercial segment revenue is expected to expand at a rapid CAGR during the forecast period. The energy as a service model is designed to aid private sector commercial building owners with technical expertise and details related to capital to implement energy efficiency projects, which is expected to drive its demand for deployment in commercial buildings.
• 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.

Energy as a Service Market Segmentation:

Emergen Research has segmented the global Energy as a Service market on the basis of service type, end-use, and region:

• 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)
  • Industrial
  • Commercial

Key geographical regions analyzed in the report:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key points covered in the report:

• The report provides the reader with a detailed study of the global Energy as a Service market, including essential data beneficial for business.
• The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
• A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
• It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.

Table Of Content:

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 Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 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 
                    4.2.2.1. Decentralized power generation
                    4.2.2.2. Divergence from fossil fuels
                    4.2.2.3. Growing installation of distributed electricity generation
                    4.2.2.4. Increasing demand for sustainable and cost-effective services
                    4.2.2.5. Increase in digitalization and smart metering
          4.2.3. Market restraints analysis 
                    4.2.3.1. Utilization of existing centralized utility models
                    4.2.3.2. 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

READ MORE…!

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