Energy-as-a-Service Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Energy-as-a-Service Market is segmented By Type (Energy Supply Services, Operational and Maintenance Services, Energy Efficiency and Optimization Serv....

Energy-as-a-Service Market Size

Market Size in USD

CAGR9.4%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR9.4%
Market ConcentrationMedium
Major PlayersSchneider Electric, Honeywell International Inc., Siemens AG, Engie, General Electric
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Energy-as-a-Service Market Analysis

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.