Energy-as-a-Service Market is segmented By Type (Energy Supply Services, Operational and Maintenance Services, Energy Efficiency and Optimization Serv....
Market Size in USD
CAGR9.4%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.4% |
Market Concentration | Medium |
Major Players | Schneider Electric, Honeywell International Inc., Siemens AG, Engie, General Electric |
The energy-as-a-service market is estimated to be valued at USD 77.34 Bn in 2024 and is expected to reach USD 145.15 Bn by 2031, growing at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031. The energy-as-a-service market is expected to witness considerable growth due to increasing shift towards distributed and renewable energy resources among consumers and organizations seeking to lower energy costs and carbon footprint.