Press release
Energy as a Service Market to grow at 45.70% CAGR and Expected to reach 19,607.8 Million $ by 2025 | Analysis by Top Key Vendors - WGL Energy Services, Engie, Bernhard, Energy Solutions, Enel X, Edison Energy, Solarus, Smartwatt
Energy as a Service Market
Global Energy as a Service Market Overview:
The Global Energy as a Service Market to reach USD 19,607.8 Million by 2025. The Global Energy as a Service Market valued approximately USD 965.5 Million in 2017 is anticipated to grow with a healthy growth rate of 45.70% over the forecast period 2019-2025.
Increasing potential of renewable energy is considered as a key trend for the Energy as a service market over the forecast period. As renewable energy is driving energy transformation across the globe today. Government of different countries across the world is actively working to promote renewable energy projects which would increase the demand & adoption of energy as a service thereby, supplementing the growth of the market over the forecast period.
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Some of the major factor drives growth of the Global Energy as a Service Market is the increasing government investments to promote renewable energy sources. Also, countries are shifting towards renewable energy resources to minimize CO 2 emission and fossil fuels. For Instance: According to Frankfurt School & United Nations Environment Programme Collaborating Centre (FS-UNEP), investment within renewable energy sector is bound to increase from $312 billion in 2015 to $392 billion by 2020.
Solar and wind energy continues to be prime choice for investment. More than 37% of the total investments within renewable energy sector in 2016 were directed towards solar and wind energy projects across the globe, according to FS-UNEP estimate; of these wind energies accounted for 47% of the total investment in 2016. Global Wind Energy Council (GWEC) estimates that total installed capacity of wind energy across the globe is likely to reach 792GW by 2020 increasing from 497GW in 2016, adding an average 72GW per annum. According to GWEC, wind energy could supply over 20% of total global electricity by 2030 with an estimated installed capacity of 2,110GW. Since energy as a service enhances the existing energy consuming systems and also improves efficiency. Thus, investments in renewable energy would increase the adoption of energy as a service across the globe. However, deployment issues are expected to hinder the growth of the energy as a service market during the forecast period.
The Global Energy as a Service Market is segmented based on Type, End-User and Region. Based on Type, the market is classified into power generation services, energy efficiency and optimization services and operational and maintenance services of which energy efficiency and optimization services is anticipated to dominate owing to its inherent benefits such as improves energy efficiency and speed. On the basis of End-User, the market is bifurcated into commercial sector industrial of which industrial segment is expected to dominate the market owing to the increasing investments in efficient and clean power supply.
As per the regional analysis, North America dominates the Energy as a Service Market owing to the government mandates on energy efficiency along with increasing energy consumption. Whereas, North America is anticipated to emerge as the fastest growing market region during the forecast period 2019-2025.
Purchase this report online with 200 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Energy as a Service Market Report 2019” @ https://www.businessindustryreports.com/buy-now/135078/single .
Major Key Players:
1 WGL Energy Services
2 Engie
3 Bernhard Energy Solutions
4 Enel X
5 Edison Energy
6 Solarus
7 Ørsted
8 Smartwatt
9 Contemporary Energy Solutions
10 EDF Renewable Energy and More................
Market segment by Regions/Countries, this report covers
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which are the leading market products, applications & regions and how will they perform by 2025?
3 What are the technologies & innovation trends, how will they evolve by 2025?
4 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Energy as a Service Market.
Major Points in Table of Contents:
Global Energy as a Service Market Report 2019
1 Global energy as a service market definition and scope
2 Research Methodology
3 Executive Summary
4 Global Energy as a Service Market Dynamics
5 Global Energy as a service Market, By Type
6 Global Energy as a service Market, By End-user
7 Global Energy as a service Market, by Regional Analysis
8 Competitive Intelligence
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