Press release
Global Industrial Energy-Efficiency Services Market Analysis And Advancement To Grow at CAGR of 6.26% Over 2016-2020
Energy-efficiency services provide a promising opportunity to the industrial sector to achieve greenhouse gas emissions reductions. ESCOs are already operating successfully in developed countries, primarily in North America and Western Europe. Despite gaining some moderate success in countries such as South Korea and Brazil, ESCOs are yet to gain a significant share in developing countries. China has become a notable exception. The country experienced a massive growth in the ESCO industry and achieved an annual investment of approximately $3 billion in energy-efficiency services in 2014.Technavios analysts forecast the global industrial energy efficiency services market to grow at a CAGR of 6.26% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial energy efficiency services market for 2016-2020. To calculate the market size, the report considers the revenue generated from diagnostic consulting, auditing, product and system optimization, and measurement and verification (M&V) services for calculating the market value in the process and discrete industries.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Industrial Energy Efficiency Services Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Siemens
Honeywell
TERI
DuPont
Other prominent vendors
Dalkia
ENGIE
Getec
ista
Johnson Controls
Schneider Electric
SGS
Wood Group
Market driver
Support from regulatory bodies for energy-efficiency services.
For a full, detailed list, view our report
Market challenge
Client preference for in-house energy-efficiency solutions and other priorities.
For a full, detailed list, view our report
Market trend
Increased use of standards for energy-efficiency investments and their documentation.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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