Energy as a Service (EaaS) Market: Global Opportunity Analysis and Industry Forecast 2020–2027

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Energy as a Service (EaaS) Market Outlook - 2027

The market for energy as a service (EaaS) is expected to witness robust growth during the forecast period, due to rise in applications of EaaS at industrial and commercial level in various industries. Energy as a service involves energy sales, technology, analytics, grid access, and customized services. Increase in use of energy as a commodity is majorly directed at lowering the energy costs of buildings and minimizing greenhouse emissions to preserve the ecological balance. Power utility firms are involved in delivering renewable energy infrastructure to consumers of all segments (commercial and industrial). Advancement of grid infrastructure and increase in need for a clean & highly efficient supply of energy have led to the emergence of energy as a service.


Market scope and structure analysis

                                Report Metric


  Market size available for years


  Base year considered


  Forecast period


  Forecast unit

  Value (USD)

  Segments covered

 Service, End User, and Region

  Regions covered

North America (U.S., Canada and Mexico), Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the Rest of LAMEA)

  Companies covered

Duke Energy (U.S.), EDF Energy (UK), Edison International (U.S.), Engie (France), Southern Company (U.S.), Schneider Electric SE (France), General Electric (U.S.), Siemens AG (Germany), WGL Energy (US), and Orsted (Denmark)


Key drivers of global energy as a service (EaaS) market

The growth of the global energy as a service market is driven by increase in renewable energy generation, and rise in energy efficiency activities. In addition, rise in demand for energy is a key driver of the global market. Moreover, rise in effort by building owners to reduce the energy cost of the buildings serves as the major driver of the market. Furthermore, certain factors contributing toward the growth of the global energy demand include rise in renewable energy adoption, and increase in smart grid installations. Rapid advancement such as artificial intelligence & data mining and improvement of energy demand responsiveness in both commercial and residential sectors in developed regions significantly boost the overall growth of the market.

Market scenario: opportunities and challenges

Organizations are seeking for sustainable energy sources, which is anticipated to serve as a lucrative opportunity for the expansion of the market. Furthermore, factors such as development of the transportation sector by electrification, including the adoption of electric vehicle, increase in emphasis on sustainable energy, and rise in acceptance of distributed energy resources (DER) augment the growth of the global energy as a service (EaaS) industry. Moreover, advancement in integrated distributed energy resource (IDER) utilizing data analytics and artificial intelligence in energy as a service (EaaS) industry are expected to create new avenues for the market growth. However, lack of skilled expertise and high development costs to upgrade the existing grid infrastructure are some of the factors that hamper the growth of the energy as a service (EaaS) market during the forecast period.

COVID-19 scenario analysis

Global energy as a service (EaaS) market is expected to witness slowdown during the forecast period, owing to the outbreak of the COVID-19 pandemic. Alarming increase in the cases of COVID-19 worldwide has had an adverse impact on the energy industry with manufacturing facilities temporarily shut, leading to a significant slowdown in the production. In addition, the outbreak resulted in disruption across the ecosystem with several supply chain participants shifting their production facilities outside China. Lockdown imposed by the governments has not only affected manufacturing but also declined consumer demand energy as a service. 

Key segments covered




  • Procurement
  • Storage
  • Management & Optimization

  End User

  • Industrial
  • Commercial


Key benefits of the report

  • This study presents the analytical depiction of the global energy as a service (EaaS) industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global energy as a service (EaaS) market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global energy as a service (EaaS) market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global energy as a service (EaaS) market research report:

  • Which are the leading market players active in the global energy as a service (EaaS) market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


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