North America Commercial Energy as a Service (EaaS) Market Analysis

North America Commercial Energy as a Service Market Analysis

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Based on type, the energy supply services segment is likely to exceed USD 13.7 billion by 2032. Rising fluctuating energy prices, regulatory changes, and geopolitical uncertainties are creating challenges for businesses seeking to manage their energy procurement effectively thereby stimulating the service demand.

Furthermore, rising demand for renewable energy and sustainability solutions is boosting the service adoption to achieve sustainability goals and demonstrate corporate social responsibility thereby driving the business outlook. Additionally, shifting focus toward the deployment of advanced technologies enabling real time monitoring, analysis, and optimization of energy consumption for efficiency improvements and cost savings will fuel the product penetration.

The U.S. commercial EaaS market is anticipated to reach USD 32.6 billion by 2032. Growing concerns about climate change have put businesses under pressure to reduce their carbon footprint and transition towards cleaner energy sources, thereby strengthening the industry landscape. Rising energy costs and volatile fuel prices in the country are motivating businesses to seek more efficient ways to manage their energy consumption leading to positive business growth. Furthermore, rising requirement for distributed energy resources (DERs) including solar panels, energy storage systems, and microgrids will contribute to the business scenario.