Press release
Energy as a Service (EaaS) Market Trend Analysis 2023-2030
Managed Services Market-DataM Intelligence
Energy as a Service (EaaS) Market is expected to record significant growth by reaching at a CAGR of 13.5% during the forecast period (2023-2030). It included independent contractors, utility service providers and prospective disruptors of established business models using specialized technical, financial or procurement solutions. Energy as a service, or EaaS, is a subscription-based energy provider where users pay for the service without needing to provide any money up front. Grid access, technology, analytics, energy use, and customized services are all included in energy as a service. The Energy Information Administration (EIA) of the United States projects that global energy consumption will rise by about 50% between 2018 and 2050. Renewable energy sources are being used more frequently to provide electricity. The growing energy-efficiency programs will accelerate the growth of the market.
Download Sample: https://www.datamintelligence.com/download-sample/energy-as-a-service-market
Market Trends:
The growing need for energy as a service to reduce energy costs and building carbon emissions is driving the market. The growth of the business is influenced by a number of factors, including as the increasing dispersion of energy resources and the declining cost of renewable energy generating and storage solutions. The increase in energy use should help the industry. A business concept known as "energy as a service" allows consumers to pay for energy services they use without having to make large capital investments to produce electricity. Growing urbanization, industrialization, and population growth all contributed to an increase in the demand for energy services in the commercial, industrial, and residential sectors. According to the UN Department of Economic and Social Affairs, the global total energy supply (TES) rose by about 60% between 1990 and 2016, coming to an estimated 568 EJ. In contrast, 25,000 TWh of electricity were produced worldwide in 2016. Asia-Pacific is expected to develop; in 2016, China's total energy supply grew by 21% of global total energy consumption.
Know More: https://www.datamintelligence.com/research-report/energy-as-a-service-market
Market Geographical Share:
In 2021, North America accounted for a sizable portion of the world market for energy-related services. Utilities are adopting energy efficiency projects in order to reduce the cost of energy generation in nations including the United States, Canada, and Mexico. In the United States, innovative strategies like pay-for-performance are being implemented to increase energy efficiency in the business sector on a bigger scale. For instance, energy efficiency laws in California require third-party service providers to provide at least 60% of the savings realized in obligation schemes. The market in this region is also anticipated to be driven by an increase in the percentage of renewable power generation and energy efficiency initiatives.
Competitive Landscape:
The energy as a service market is extremely competitive with many local and international marketplaces. Product diversity, income growth and opportunities heighten the rivalry in the market. For instance, six months after signing an agreement with ENGIE to incorporate innovative energy efficiency into its manufacturing operations in Ipoh, Malaysia, UAC Berhad, the industry's top producer of fiber cement boards, enhanced its results in energy efficiency for its compressed air system by over 18 percent on electrical costs. Major global energy as a service market companies includes WGL Energy, Engie, Schneider Electric, Siemens AG, Johnson Controls, General Electric, EDF Renewable Energy, Edison, Alpiq and Enel X.
Related Reports:
Identity as a Service Market: https://www.datamintelligence.com/research-report/identity-as-a-service-market
Podiatry Services Market: https://www.datamintelligence.com/research-report/podiatry-services-market
SOC as a Service Market: https://www.datamintelligence.com/research-report/soc-as-a-service-market
Security-as-a-service Market: https://www.datamintelligence.com/research-report/security-as-a-service-market
Drone Data Services Market: https://www.datamintelligence.com/research-report/drone-data-services-market
Managed Services Market: https://www.datamintelligence.com/research-report/managed-services-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Energy as a Service (EaaS) Market Trend Analysis 2023-2030 here
News-ID: 3264855 • Views: …
More Releases from DataM Intelligence 4market Research LLP
Automotive Turbocharger Market to Reach USD 16.5 Billion by 2030 at 10.3% CAGR, …
The Automotive turbocharger market reached USD 13.5 billion in 2022 and is expected to reach USD 16.5 billion by 2030, growing with a CAGR of 10.3% from 2023 to 2030. as vehicle manufacturers increasingly adopt turbocharging technology to enhance engine efficiency, performance, and emissions compliance.
Growth is supported by rising demand across key vehicle segments including passenger cars, commercial vehicles, and light-duty trucks, driven by stringent fuel economy and regulatory…
Digital Audio Workstation Market to Reach US$ 7.3 Billion by 2029 at 16.1% CAGR, …
The Digital Audio Workstation (DAW) Market reached approximately US$ 3.3 billion in 2024 and is expected to grow to around US$ 7.3 billion by 2029, expanding at a CAGR of about 16.1% from 2025 to 2029 as demand for advanced music production, sound design, and audio editing solutions continues to rise across professional and consumer segments.
Growth is supported by increasing adoption across key application areas such as music production, post-production,…
Fracture Fixation Products Market to Reach US$ 16.34 Billion by 2031 at 7.8% CAG …
The Global Fracture Fixation Products Market reached US$ 9.1 billion in 2023 and is expected to reach US$ 16.34 billion by 2031, growing at a CAGR of 7.8% from 2024 to 2031 as orthopedic care providers and surgical centers increasingly adopt advanced fixation solutions to improve patient outcomes and reduce recovery time.
Growth is supported by rising demand across key product segments such as plates & screws, intramedullary nails, external…
LNG Storage Tank Market to Reach USD 6.7 Billion by 2030 Driven by Rising LNG In …
The LNG Storage Tank Market reached USD 4.5 billion in 2022 and is expected to reach USD 6.7 billion by 2030, growing at a CAGR of 5.5% during the forecast period 2024-2031.
Growth is driven by increasing global demand for liquefied natural gas (LNG) as a cleaner alternative to conventional fossil fuels, particularly in power generation, industrial applications, and transportation. Rising investments in LNG infrastructure, including terminals, regasification facilities, and storage…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
