Global Energy-as-a-Service (EaaS) Market Forecast 2019-2023 – Key Players are EDF, Edison International, Enel and ENGIE – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Energy-as-a-Service Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.


The global energy-as-a-service market is forecast to grow at a CAGR of 38.45% during the period 2019-2023. One trend in the market is injection of renewable energy into power grids. The adoption of renewable energy sources across the world has been growing rapidly over the past decade with renewable energy capacity growing at an average of 8.33% between 2008 and 2017. The rise in the scale of generation and the decline in the cost of renewable energy have made it cost-competitive in comparison with conventional power generation sources during this period.
According to the report, one driver in the market is demand for reducing building energy costs. Electricity consumption in buildings, including commercial, industrial, and residential buildings, accounts for over 60% of the total energy consumed across the world. This percentage has been rising steadily over the years. Estimates given by the US Energy Information Administration (EIA) indicate that about 38 quadrillion Btu of energy was consumed by the residential and commercial sector in the US during 2017.
Further, the report states that one challenge in the market is challenges in implementation and deployment. One of the leading challenges for the EaaS market is the difficulty in implementing the EaaS model across end-user industries and customer premises. EaaS requires the deployment of advanced loT devices and equipment for tracking energy consumption and usage patterns, which are used by the service provider for setting the energy tariff and suggesting energy management techniques.

Key Vendors

  • EDF
  • Edison International
  • Enel
  • ENGIE

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Market Landscape

4. Market Sizing

5. Five Forces Analysis

6. Market Segmentation by End-User

7. Market Segmentation by Service

8. Customer Landscape

9. Geographic Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/2jrtp8/global?w=4


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Related Topics: Energy and Natural Resources