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Commercial Energy as a Service (EaaS) Market Trends

Report ID: GMI9066
Published Date: Apr 2024
Report Format: PDF

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Commercial Energy as a Service Market Trends

Increasing adoption of distributed energy generation in commercial and industrial sectors, stringent energy efficiency regulations, and supportive government initiatives will improve the market statistics. Growing smart technology including advanced analytics, IoT sensors, and predictive maintenance tools to monitor and optimize energy usage in real-time and digitalization in the energy sector will stimulate the product penetration.

Increasing complexity of energy management along with the proliferation of renewable energy sources will augment the business outlook. Rising regulatory incentives and mandates by governments at the local, state, and national levels aimed at promoting energy efficiency and sustainability will further fuel the market growth in the commercial sector.

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of commercial energy as a service was reached USD 57.3 billion in 2023 and is anticipated to grow at 8.5% CAGR through 2032, as energy companies provide comprehensive energy solutions to commercial customers.

The operational and maintenance services segment in the commercial energy as a service market is anticipated to exceed USD 54.5 billion by 2032, owing to the increasing adoption of energy efficient technologies and renewable energy solutions.

Asia Pacific commercial energy as a service market is likely to reach USD 46.4 billion by 2032, attributed to the growing awareness of climate change and its impacts.

Ameresco, Bernhard Energy Solutions, Budderfly, Capstone Green Energy Corporation, Centrica Business Solutions, Enel X, ENGIE Impact, GridX.Inc, Honeywell, Honeywell International Inc, Jakson Group,Johnson Controls, Schneider Electric , Siemens AG and WGL Energy.