Market Summary
Research Methodology on Energy as a Service Market
Market Research Future (MRFR) has adopted a meticulous research methodology to offer credible insights into the renewable energy as a service (EaaS) market. The research provides an understanding of the global EaaS market dynamics, potential opportunities, and technological advancements. MRFR has segmented the global EaaS market to provide a comprehensive outlook of the renewable energy as a service market.
Market Estimation:
To assess the market size of the renewable energy as a service (EaaS) market, we have taken into consideration the previous year’s developments and historical events. Market drivers, opportunities, and trends have been considered to ascertain the market’s current and future performance.
Market Breakdown and Data Triangulation:
The market size of the global EaaS market has been identified by analyzing different electric vehicle market segments. Market size is analyzed in three ways – top-down analysis, bottom-up analysis, and data triangulation. MRFR has collected and validated data from different CROs and primary and secondary data sources, such as credible reports and publications, to determine the market size of the global EaaS market.
Primary Research:
MRFR interviewed industry experts to gain insights into the EaaS market. Our primary research includes interactions with opinion leaders in-person and through email and/ or telephone.
Secondary Research:
MRFR conducted comprehensive secondary research to supplement its primary research. MRFR has taken into account industry publications, such as Factiva and corporate reports from EaaS service providers. Reports from various associations, such as International Energy Agency (IEA) and Invest India, have been referred to while conducting the research.
Market-Leading Players:
The leading players in the global EaaS market include Johnson Controls, Siemens, Schneider Electric, ENER-G, IRISys, ABB, ENGIE, Siemens, First Solar, Electric Power Research Institute (EPRI), and Vergnet.
Market Segmentation:
The global EaaS market has been segmented on the basis of application, service, end-user, and region.
By service, the global EaaS market has been further segmented into consulting services, operation and maintenance services, financial services, and other services.
By application, the global EaaS market has been segmented into residential, commercial and industrial.
By end-user, the global EaaS market has been further segmented into government, utilities, and other end-users.
Regionally, the global EaaS market has been divided into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Competitive Landscape:
The major players operating in the global EaaS market have adopted various strategies to increase their market share. This includes acquisitions, innovations, mergers and acquisitions, and collaborations.
For instance, in June 2019, Johnson Controls collaborated with Spectral Energies to offer services under the spectrum of energy as a service in the United States.
In July 2018, Schneider Electric acquired Ineo, an energy expert from Mexico to increase its reach in the Mexican energy sector.
In June 2017, ENGIE, an energy expert from France, acquired up to 50% stake in IBT Holdings, a shareholder of Irisys Energy and Infrastructure Services.
In February 2017, Siemens acquired Adwen, a leader in offshore wind power and mobility solutions from German to expand its presence in the wind energy market.
Market Size & Forecast
Report Attribute/Metric |
Details |
Market Size 2023 |
42.43(USD Billion) |
Market Size 2024 |
46.26(USD Billion) |
Market Size 2035 |
120.0(USD Billion) |
Compound Annual Growth Rate (CAGR) |
9.05% (2025 - 2035) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2024 |
Market Forecast Period |
2025 - 2035 |
Historical Data |
2019 - 2024 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
IBM, NextEra Energy, Pacific Gas and Electric, Shell, Actual Energy, E.ON, Enel, Schneider Electric, Duke Energy, Wipro, Engie, Honeywell, C3.ai, Siemens, General Electric |
Segments Covered |
Service Type, End User, Energy Source, Solution Type, Regional |
Key Market Opportunities |
Decentralized energy generation solutions, Energy storage integration services, Digital energy management platforms, Smart grid technology advancement, Renewable energy sourcing partnerships |
Key Market Dynamics |
Increasing demand for renewable energy, Technological advancements in energy solutions, Regulatory support for sustainability, Cost-efficiency and operational savings, Growing focus on energy resilience |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Major Players
Energy as a Service (EaaS) Market Segmentation
Energy as a Service (EaaS) Market By Service Type (USD Billion, 2019-2035)
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
Energy as a Service (EaaS) Market By End User (USD Billion, 2019-2035)
Residential
Commercial
Industrial
Government
Energy as a Service (EaaS) Market By Energy Source (USD Billion, 2019-2035)
Renewable Energy
Conventional Energy
Hybrid Energy
Energy as a Service (EaaS) Market By Solution Type (USD Billion, 2019-2035)
Software Solutions
Hardware Solutions
Integrated Solutions
Energy as a Service (EaaS) Market By Regional (USD Billion, 2019-2035)
North America
Europe
South America
Asia Pacific
Middle East and Africa
Energy as a Service (EaaS) Market Regional Outlook (USD Billion, 2019-2035)
North America Outlook (USD Billion, 2019-2035)
North America Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
North America Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
North America Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
North America Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
North America Energy as a Service (EaaS) Market by Regional Type
US
Canada
US Outlook (USD Billion, 2019-2035)
US Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
US Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
US Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
US Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
CANADA Outlook (USD Billion, 2019-2035)
CANADA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
CANADA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
CANADA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
CANADA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
Europe Outlook (USD Billion, 2019-2035)
Europe Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
Europe Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
Europe Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
Europe Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
Europe Energy as a Service (EaaS) Market by Regional Type
Germany
UK
France
Russia
Italy
Spain
Rest of Europe
GERMANY Outlook (USD Billion, 2019-2035)
GERMANY Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
GERMANY Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
GERMANY Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
GERMANY Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
UK Outlook (USD Billion, 2019-2035)
UK Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
UK Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
UK Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
UK Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
FRANCE Outlook (USD Billion, 2019-2035)
FRANCE Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
FRANCE Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
FRANCE Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
FRANCE Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
RUSSIA Outlook (USD Billion, 2019-2035)
RUSSIA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
RUSSIA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
RUSSIA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
RUSSIA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
ITALY Outlook (USD Billion, 2019-2035)
ITALY Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
ITALY Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
ITALY Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
ITALY Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
SPAIN Outlook (USD Billion, 2019-2035)
SPAIN Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
SPAIN Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
SPAIN Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
SPAIN Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
REST OF EUROPE Outlook (USD Billion, 2019-2035)
REST OF EUROPE Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
REST OF EUROPE Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
REST OF EUROPE Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
REST OF EUROPE Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
APAC Outlook (USD Billion, 2019-2035)
APAC Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
APAC Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
APAC Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
APAC Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
APAC Energy as a Service (EaaS) Market by Regional Type
China
India
Japan
South Korea
Malaysia
Thailand
Indonesia
Rest of APAC
CHINA Outlook (USD Billion, 2019-2035)
CHINA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
CHINA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
CHINA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
CHINA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
INDIA Outlook (USD Billion, 2019-2035)
INDIA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
INDIA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
INDIA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
INDIA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
JAPAN Outlook (USD Billion, 2019-2035)
JAPAN Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
JAPAN Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
JAPAN Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
JAPAN Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
SOUTH KOREA Outlook (USD Billion, 2019-2035)
SOUTH KOREA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
SOUTH KOREA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
SOUTH KOREA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
SOUTH KOREA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
MALAYSIA Outlook (USD Billion, 2019-2035)
MALAYSIA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
MALAYSIA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
MALAYSIA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
MALAYSIA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
THAILAND Outlook (USD Billion, 2019-2035)
THAILAND Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
THAILAND Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
THAILAND Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
THAILAND Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
INDONESIA Outlook (USD Billion, 2019-2035)
INDONESIA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
INDONESIA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
INDONESIA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
INDONESIA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
REST OF APAC Outlook (USD Billion, 2019-2035)
REST OF APAC Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
REST OF APAC Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
REST OF APAC Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
REST OF APAC Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
South America Outlook (USD Billion, 2019-2035)
South America Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
South America Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
South America Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
South America Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
South America Energy as a Service (EaaS) Market by Regional Type
Brazil
Mexico
Argentina
Rest of South America
BRAZIL Outlook (USD Billion, 2019-2035)
BRAZIL Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
BRAZIL Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
BRAZIL Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
BRAZIL Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
MEXICO Outlook (USD Billion, 2019-2035)
MEXICO Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
MEXICO Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
MEXICO Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
MEXICO Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
ARGENTINA Outlook (USD Billion, 2019-2035)
ARGENTINA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
ARGENTINA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
ARGENTINA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
ARGENTINA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)
REST OF SOUTH AMERICA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
REST OF SOUTH AMERICA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
REST OF SOUTH AMERICA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
REST OF SOUTH AMERICA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
MEA Outlook (USD Billion, 2019-2035)
MEA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
MEA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
MEA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
MEA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
MEA Energy as a Service (EaaS) Market by Regional Type
GCC Countries
South Africa
Rest of MEA
GCC COUNTRIES Outlook (USD Billion, 2019-2035)
GCC COUNTRIES Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
GCC COUNTRIES Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
GCC COUNTRIES Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
GCC COUNTRIES Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
SOUTH AFRICA Outlook (USD Billion, 2019-2035)
SOUTH AFRICA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
SOUTH AFRICA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
SOUTH AFRICA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
SOUTH AFRICA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
REST OF MEA Outlook (USD Billion, 2019-2035)
REST OF MEA Energy as a Service (EaaS) Market by Service Type
Energy Management Services
Demand Response Services
Distributed Energy Resource Management Services
Energy Supply Services
REST OF MEA Energy as a Service (EaaS) Market by End User Type
Residential
Commercial
Industrial
Government
REST OF MEA Energy as a Service (EaaS) Market by Energy Source Type
Renewable Energy
Conventional Energy
Hybrid Energy
REST OF MEA Energy as a Service (EaaS) Market by Solution Type
Software Solutions
Hardware Solutions
Integrated Solutions
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