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Utility Energy as a Service EaaS Market Share

Report ID: GMI12330
Published Date: Nov 2024
Report Format: PDF

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Utility Energy as a Service Market Share

Utility Energy as a Service (EaaS) Company Market Share, 2024

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Eminent players are focusing on partnerships and collaborations, forming alliances with technology providers, energy service companies (ESCOs), and financial institutions to enhance their service offerings. These partnerships enable EaaS providers to leverage their partners' expertise and resources to deliver comprehensive solutions tailored to utility clients' specific needs. With advancements in digitalization and IoT technologies, companies are prioritizing the integration of advanced solutions such as data analytics, artificial intelligence, and predictive modeling into their offerings. By utilizing these technologies, key players can provide actionable insights, optimize energy usage, and improve operational efficiency for their clients.

Utility Energy as a Service Market Companies

Eminent players operating in the utility energy as a service (EaaS) industry are:

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

Authors: Ankit Gupta, Pooja Shukla

Frequently Asked Questions (FAQ) :

The market size of utility energy as a service reached USD 2.1 billion in 2024 and is set to grow at a CAGR of over 11.1% from 2025 to 2034, driven by the rising demand for renewable energy.

The operational and maintenance services segment is anticipated to surpass USD 2.5 billion by 2034 due to the increasing adoption of energy-efficient technologies and renewable energy solutions.

The Asia Pacific market is poised to reach USD 1.5 billion by 2034, led by heightened awareness of climate change and rising government incentives for renewable energy adoption.

The key players in the industry include Ameresco, Budderfly, Bernhard Energy Solutions, Centrica Business Solutions, Capstone Green Energy Corporation, ENGIE Impact, Enel X, Honeywell International, Jakson Group, Johnson Controls, Siemens AG, Schneider Electric, and WGL Energy.