Energy as a Service Global Market Report 2026

The energy as a service market encompasses the sales of solutions and services for managing energy usage to deliver desired energy services. Energy-as-a-service (EaaS) involves clients paying for energy services without upfront costs, often through a subscription model for electrical devices or energy usage management.

Energy as a Service primarily consists of solutions and services. Energy supply services play a key role in delivering various forms of energy, including fuels, electricity, and thermal energy, from suppliers to end consumers. These services encompass supply, demand, and energy optimization, catering to a diverse range of end users such as commercial enterprises and industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the energy as a service market by increasing costs for imported solar modules, batteries, inverters and advanced control hardware which raises expenses for solution providers and slows deployment. Industrial and commercial segments that rely on large scale renewable or storage installations are the most affected across regions heavily dependent on imported energy technologies including Asia Pacific, Europe and Latin America. These tariffs elevate project costs, extend implementation timelines and constrain service providers' ability to offer competitive subscription pricing. Positive impacts include greater investment in local manufacturing capacity and accelerated development of tariff independent energy technologies and materials.

The energy as a service market research report is one of a series of new reports from The Business Research Company that provides energy as a service market statistics, including energy as a service industry global market size, regional shares, competitors with an energy as a service market share, detailed energy as a service market segments, market trends and opportunities, and any further data you may need to thrive in the energy as a service industry. This energy as a service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The energy as a service market size has grown rapidly in recent years. It will grow from $81.15 billion in 2025 to $91.33 billion in 2026 at a compound annual growth rate (CAGR) of 12.5%. The growth in the historic period can be attributed to rising energy costs driving efficiency initiatives, early adoption of energy management systems, increased commercial sector electrification, emergence of renewable energy consulting services, development of outsourcing models for utility functions.

The energy as a service market size is expected to see rapid growth in the next few years. It will grow to $144.64 billion in 2030 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to expansion of decentralized and distributed energy resources, rising demand for integrated storage and renewable bundles, growth in industrial energy as a service adoption, increasing need for predictive analytics based energy optimization, rising emphasis on zero upfront cost energy procurement models. Major trends in the forecast period include increasing adoption of subscription based energy models, rising demand for renewable integrated energy solutions, growth in energy storage leasing and optimization services, expanding interest in outsourced energy management for cost savings, increasing deployment of behind the meter energy systems.

The growth of renewable energy generation is expected to drive the expansion of the energy as a service market in the coming years. Renewable energy is derived from naturally replenishing sources that are essentially limitless in duration but limited in the amount of energy available per unit of time. As the adoption of renewable energy rises, it is anticipated to boost the energy as a service market. For example, in December 2024, Eurostat, a Luxembourg-based government agency, reported that renewable energy accounted for 24.5% of total energy consumption in the EU in 2023, up from 23.0% in 2022. Thus, the increasing demand for renewable energy generation is fueling growth in the energy as a service market.

Leading companies in the energy-as-a-service (EaaS) market are increasingly forming strategic partnerships and agreements to address rising consumer demand and advance sustainable energy solutions. These collaborations enable companies to combine resources and expertise, accelerate technology deployment, expand market reach, and fast-track the commercialization of innovative energy solutions. For example, in June 2024, Adventist Health, a faith-based, nonprofit integrated health system serving over 90 communities on the West Coast and Hawaii, announced a landmark 30-year Energy-as-a-Service (EaaS) partnership with Bernhard, a US-based energy infrastructure firm, marking the largest EaaS project in US history. This partnership aims to transform Adventist Health's energy systems, achieving a 20% reduction in annual utility costs while significantly enhancing sustainability initiatives across its network. The $457 million project will fund energy infrastructure upgrades, resulting in substantial reductions in greenhouse gas emissions, including 61.1% in electricity purchases and 63.7% in Scope 2 emissions at selected facilities.

In August 2024, Suzlon Energy Limited, an India-based renewable energy solutions provider, acquired 51% of the equity share capital of Renom Energy Services Private Limited ("Renom") for an undisclosed amount, with an option to acquire an additional 25% later. Through this acquisition, Suzlon aims to establish market leadership in the multi-brand wind turbine O&M (Operations & Maintenance) services sector by leveraging Renom's pan-India non-Suzlon fleet service capabilities. Renom Energy Services Private Limited is an India-based multi-brand renewable energy operations and maintenance services company managing wind, solar, and balance-of-plant assets.

Major companies operating in the energy as a service market are Enel S.p.A., Engie SA, Siemens AG, General Electric Company, Veolia Environnement S.A., Mitsubishi Electric Corporation, Schneider Electric SE, Honeywell International Inc., Centrica plc, Duke Energy Corporation, Johnson Controls International plc, Eaton Corporation, Edison International, Alpiq Holding SA, Tetra Tech Inc., EDF Renewable Energy, Ameresco Inc., WGL Energy, ABB India Ltd., Bernhard LLC, SmartWatt Energy Inc., Entegrity Partners LLC, Enertika Inc., Contemporary Energy Solutions LLC, Solarus Energy Inc.

North America was the largest region in the energy as a service market in 2025. Middle East and Africa are expected to be the fastest-growing regions in the energy as a service market during the forecast period. The regions covered in the energy as a service market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the energy as a service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The energy as a service market includes revenues earned by entities by providing cloud-based energy services and solutions to monitor and manage energy requirements based on real-data collections and also procuring, storing, and producing energy solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Energy as a Service Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses energy as a service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for energy as a service ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The energy as a service market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Component: Solutions; Services
• 2) By End-User: Commercial; Industrial
• 3) By Service Model: Energy Supply Services; Energy Efficiency & Optimization Services; Operation & Maintenance (O&M) Services; Energy Management & Monitoring Services
• Subsegments:
• 1) By Solutions: Energy Management Systems; Renewable Energy Solutions; Energy Storage Solutions
• 2) By Services: Consulting Services; Implementation Services; Maintenance And Support Services
• Companies Mentioned: Enel S.p.A.; Engie SA; Siemens AG; General Electric Company; Veolia Environnement S.A.; Mitsubishi Electric Corporation; Schneider Electric SE; Honeywell International Inc.; Centrica plc; Duke Energy Corporation; Johnson Controls International plc; Eaton Corporation; Edison International; Alpiq Holding SA; Tetra Tech Inc.; EDF Renewable Energy; Ameresco Inc.; WGL Energy; ABB India Ltd.; Bernhard LLC; SmartWatt Energy Inc.; Entegrity Partners LLC; Enertika Inc.; Contemporary Energy Solutions LLC; Solarus Energy Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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