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. The power industry has been experiencing a shift towards distributed energy resources in order to overcome grid reliability issues, severe weather events, equipment failures, reduction in costs of distributed energy resources, among others are other key factors driving growth of the global energy as a service market.
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Global Energy as a Service Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Energy as a Service Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Energy as a Service Market on the global and regional scale, along with a thorough forecast estimation to 2019. The new report is updated with the impact of the COVID-19 pandemic on the Energy as a Service Market. It analyzes the impact of the pandemic with regards to economic landscape and government regulations in each region.
Key players involved:
WGL Energy, ENGIE, Schneider Electric, Siemens, Johnson Controls, General Electric, EDF Renewables, Edison International, Alpiq, and Enel X.
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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
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Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Energy as a Service market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Energy as a Service market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Questions addressed in the report:
What is the estimated market growth rate throughout the forecast period?
Which end-use industry is expected to witness the highest demand for Energy as a Service in the near future?
What is the regulatory framework governing the application of Energy as a Service in the food industry?
Which manufacturing processes are utilized for the production of Energy as a Service?
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