Energy as a Service Market Size, Share, Trends, Industry Analysis Report: By Type, By End Use (Commercial, and Industrial), and By Region

Description

List of Tables

The global energy as a service market market size is expected to reach USD 237.01 billion by 2034, according to a new study by Polaris Market Research. The report "Energy as a Service Market Size, Share, Trends, Industry Analysis Report: By Type, By End Use (Commercial, and Industrial), and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The energy as a service (EaaS) market represents a significant shift in how energy is procured and managed. At its core, EaaS is a service-based business model where customers, including commercial, industrial, and even residential entities, pay for energy outcomes rather than owning and operating the energy-generating or energy-efficient assets themselves. These services can encompass a wide array of offerings, from the supply of electricity and heating/cooling to the installation and upkeep of energy-efficient equipment, energy management, and optimization strategies. The fundamental principle is that customers pay a recurring fee, often through a subscription or usage-based model, allowing them to access reliable and efficient energy solutions without substantial upfront capital expenditure and the ongoing responsibilities of asset ownership.

Increasing energy costs and a heightened focus on sustainability are compelling organizations to seek solutions that reduce operational expenses and minimize their environmental impact. The EaaS model offers a compelling value proposition by providing access to modern, energy-efficient technologies and expert management without the need for large capital outlays.

Furthermore, advancements in digital technologies such as the Internet of Things (IoT) and artificial intelligence (AI) are enabling more sophisticated energy monitoring and optimization services, making EaaS solutions increasingly attractive. Supportive government regulations and incentives aimed at promoting energy efficiency and renewable energy adoption are also playing a crucial role in shaping the market dynamics and fostering its expansion across various sectors and geographies.

Energy-as-a-Service Market Report Highlights:

By type, the energy supply services segment holds the largest share of the EaaS market globally. This dominance is primarily attributed to the fundamental and consistent need for reliable energy provision across various sectors, with EaaS models offering convenient and often cost-effective bundled solutions for energy procurement and delivery.

By end use, the commercial segment accounts for a larger market share. This is driven by the substantial and diverse energy requirements of a wide array of commercial entities, which are increasingly adopting comprehensive EaaS solutions to enhance operational efficiency and meet sustainability objectives.

By region, North America holds the largest share of the market. The Asia Pacific market is projected to exhibit the highest growth rate during the forecast period.

A few of the major active players in the market include ENGIE, Schneider Electric, Siemens, General Electric (GE Vernova), Honeywell International Inc., Veolia Environnement S.A., EDF (Electricite de France S.A.), Centrica plc, Johnson Controls International plc, Enel S.p.A., and Bernhard Energy Solutions.

Polaris Market Research has segmented the energy as a service market report on the basis of type, end use, and region:

By Type Outlook (Revenue - USD Billion, 2020-2034)

Energy Supply Services

Operational & Maintenance Services

Energy Efficiency & Optimization Services

By End Use Outlook (Revenue - USD Billion, 2020-2034)

Commercial

Industrial

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM2146

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Energy as a Service Market Insights

4.1. Energy as a Service Market - Market Snapshot
4.2. Energy as a Service Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Focus on Energy Efficiency and Cost Reduction
  - 4.2.1.2. Growing Environmental Concerns and Sustainability Initiatives
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Complexity in contract structuring and long payback periods
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Energy as a Service Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Energy as a Service Market, by Type

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Energy as a Service Market, by Type, 2020-2034 (USD Billion)
5.3. Energy Supply Services
- 5.3.1. Global Energy as a Service Market, by Energy Supply Services, by Region, 2020-2034 (USD Billion)
5.4. Operational & Maintenance Services
- 5.4.1. Global Energy as a Service Market, by Operational & Maintenance Services, by Region, 2020-2034 (USD Billion)
5.5. Energy Efficiency & Optimization Services
- 5.5.1. Global Energy as a Service Market, by Energy Efficiency & Optimization Services, by Region, 2020-2034 (USD Billion)

6. Global Energy as a Service Market, by End-Use

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
6.3. Commercial
- 6.3.1. Global Energy as a Service Market, by Commercial, by Region, 2020-2034 (USD Billion)
6.4. Industrial
- 6.4.1. Global Energy as a Service Market, by Industrial, by Region, 2020-2034 (USD Billion)

7. Global Energy as a Service Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Energy as a Service Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Energy as a Service Market - North America
- 7.3.1. North America: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
- 7.3.2. North America: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.3.3. Energy as a Service Market - U.S.
  - 7.3.3.1. U.S.: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.3.4. Energy as a Service Market - Canada
  - 7.3.4.1. Canada: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
7.4. Energy as a Service Market - Europe
- 7.4.1. Europe: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
- 7.4.2. Europe: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.3. Energy as a Service Market - UK
  - 7.4.3.1. UK: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.4. Energy as a Service Market - France
  - 7.4.4.1. France: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.5. Energy as a Service Market - Germany
  - 7.4.5.1. Germany: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.6. Energy as a Service Market - Italy
  - 7.4.6.1. Italy: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.7. Energy as a Service Market - Spain
  - 7.4.7.1. Spain: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.8. Energy as a Service Market - Netherlands
  - 7.4.8.1. Netherlands: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.9. Energy as a Service Market - Russia
  - 7.4.9.1. Russia: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.4.10. Energy as a Service Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
7.5. Energy as a Service Market - Asia Pacific
- 7.5.1. Asia Pacific: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.3. Energy as a Service Market - China
  - 7.5.3.1. China: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.4. Energy as a Service Market - India
  - 7.5.4.1. India: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.5. Energy as a Service Market - Malaysia
  - 7.5.5.1. Malaysia: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.6. Energy as a Service Market - Japan
  - 7.5.6.1. Japan: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.7. Energy as a Service Market - Indonesia
  - 7.5.7.1. Indonesia: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.8. Energy as a Service Market - South Korea
  - 7.5.8.1. South Korea: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.9. Energy as a Service Market - Australia
  - 7.5.9.1. Australia: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.5.10. Energy as a Service Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
7.6. Energy as a Service Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.6.3. Energy as a Service Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.6.4. Energy as a Service Market - UAE
  - 7.6.4.1. UAE: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.6.5. Energy as a Service Market - Israel
  - 7.6.5.1. Israel: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.6.6. Energy as a Service Market - South Africa
  - 7.6.6.1. South Africa: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.6.7. Energy as a Service Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
7.7. Energy as a Service Market - Latin America
- 7.7.1. Latin America: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.7.3. Energy as a Service Market - Mexico
  - 7.7.3.1. Mexico: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.7.4. Energy as a Service Market - Brazil
  - 7.7.4.1. Brazil: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.7.5. Energy as a Service Market - Argentina
  - 7.7.5.1. Argentina: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)
- 7.7.6. Energy as a Service Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Energy as a Service Market, by Type, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Energy as a Service Market, by End-Use, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Bernhard Energy Solutions
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. Centrica plc
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. EDF (Electricite de France S.A.)
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Enel S.p.A.
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. ENGIE
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. General Electric (GE Vernova)
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Honeywell International Inc.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Johnson Controls International plc
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. Schneider Electric
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Siemens
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. Veolia Environnement S.A.
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development