Energy as a Service (EaaS) Market Research Report- Global Forecast 2027

Global Energy as a Service (EaaS) Market Research Report, by Component (Solution, Services) Services (Infrastructure services, Technical and Maintenance Services), Solution (Load Management) and by End user (Industrial, Government) — Forecast till 2027

ID: MRFR/ICT/5146-HCR | February 2021 | Region: Global | 100 pages

Impact of COVID-19 on Global Energy as a Service Market
Energy as a Service Market


 Source: Primary Experts, Secondary Sources, and MRFR Analysis


The energy industry is transforming immensely due to factors such as automation, decarbonization, and decentralization. It is creating new business models to transform efficiently. Nowadays, through the energy as a service (EaaS) business model, energy is being transitioned to be sold as services to the customers. The need for decentralized power generation, energy storage systems, meter services, and energy-saving initiatives have increased the awareness for EaaS to help unlock the demand-side flexibility. EaaS consultants analyze machines and electrical equipment, including HVAC units, compressors, pumps, motors, and others. The analysis is done by deploying smart meters and other technologies such as artificial intelligence and machine learning, providing real-time information.


FIGURE: PRIMARY ENERGY CONSUMPTION IN ASIA (2010 TO 2050)
PRIMARY ENERGY


Source: US Energy Information Administration (EIA), 2019


However, the unexpected COVID-19 outbreak has led to a decline in the growth of the energy industry. The industry witnessed a falling demand and price reduction trend across the world. Various regions are heavily impacted and have recorded all-time low electricity prices in the first quarter of FY’2020, including many European countries. Moreover, due to the severity of this virus attack, many industries are focusing only on essential work. This has led to a pause on electric components installation. Manufacturers of hardware devices for energy services are facing several issues related to order completion due to lockdown orders issued by governments across the globe. For instance, Con Edison (US), has halted all meter reading and installation of smart meters in the US. Moreover, energy as a service market is mainly driven by the rising energy consumption and price volatility. The virus attack has hit the industries, and there has been a steep fall in energy demand. For instance, as per the data released by Power System Operation Corporation, in India, the fall in daily energy consumption has grown from 15% to 26% during the first quarter of 2020. This will have an impact on energy services.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of suppliers

4.2 Value Chain/Supply Chain of Global Energy as a Service (EaaS)Market

5 Industry Overview of Global Energy as a Service (EaaS)Market

5.1 Introduction

5.2 Growth Drivers

5.2.1 Increased adoption of Distributed Energy Resources (DER)

5.2.2 Increasing focus on decarbonization of global

5.2.3 Emergence of energy cloud platform

5.4 Market Restraints

5.4.1 Lack of Skilled Expertise

5.4.2 High Deployment Cost

5.4 Market Opportunities

5.4.1 Integrated Distributed Energy Resources (iDER)

5.4.2 Leveraging Data Analytics and Artificial intelligence (AI)

6. Global Energy as a Service (EaaS) Market by Component

6.1 Introduction

6.2 Solutions

6.2.1 Energy Portfolio Advisory Solution

6.2.1.1 Market Estimates & Forecast, 2020-2027

6.2.1.2 Market Estimates & Forecast by Region, 2020-2027

6.2.2 On-Site Energy Supply

6.2.2.1 Market Estimates & Forecast, 2020-2027

6.2.2.2 Market Estimates & Forecast by Region, 2020-2027

6.2.3 Off-Site Energy Supply

6.2.3.1 Market Estimates & Forecast, 2020-2027

6.2.3.2 Market Estimates & Forecast by Region, 2020-2027

6.2.4 Building optimization solutions

6.2.4.1 Market Estimates & Forecast, 2020-2027

6.2.4.2 Market Estimates & Forecast by Region, 2020-2027

6.2.5 Load management & optimization solution

6.2.5.1 Market Estimates & Forecast, 2020-2027

6.2.5.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Services

6.3.1 Infrastructure services

6.3.1.1 Market Estimates & Forecast, 2020-2027

6.3.1.2 Market Estimates & Forecast by Region, 2020-2027

6.3.2 Technical and maintenance services

6.3.2.1 Market Estimates & Forecast, 2020-2027

6.3.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3.3 Other support services

6.3.3.1 Market Estimates & Forecast, 2020-2027

6.3.3.2 Market Estimates & Forecast by Region, 2020-2027

7. Global Energy as a Service (EaaS)Market by End user

7.1 Introduction

7.2 Residential

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Government

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Industrial

7.4.1 Small & Medium Enterprise

7.4.1.1 Market Estimates & Forecast, 2020-2027

7.4.1.2 Market Estimates & Forecast by Region, 2020-2027

7.4.2 Large Enterprise

7.4.2.1 Market Estimates & Forecast, 2020-2027

7.4.2.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Energy as a Service (EaaS)Market by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast by Country, 2020-2027

8.2.2 Market Estimates & Forecast by Component, 2020-2027

8.2.3 Market Estimates & Forecast by End user, 2020-2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast by Component, 2020-2027

8.2.4.2 Market Estimates & Forecast by End user, 2020-2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast by Component, 2020-2027

8.2.5.2 Market Estimates & Forecast by End user, 2020-2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast by Component, 2020-2027

8.2.6.2 Market Estimates & Forecast by End user, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast by Country, 2020-2027

8.3.2 Market Estimates & Forecast by Component, 2020-2027

8.3.3 Market Estimates & Forecast by End user, 2020-2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast by Component, 2020-2027

8.3.4.2 Market Estimates & Forecast by End user, 2020-2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast by Component, 2020-2027

8.3.5.2 Market Estimates & Forecast by End user, 2020-2027

8.3.6 France

8.3.6.1 Market Estimates & Forecast by Component, 2020-2027

8.3.6.2 Market Estimates & Forecast by End user, 2020-2027

8.3.7 Rest of Europe

8.3.7.1 Market Estimates & Forecast by Component, 2020-2027

8.3.7.2 Market Estimates & Forecast by End user, 2020-2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast by Country, 2020-2027

8.4.2 Market Estimates & Forecast by Component, 2020-2027

8.4.3 Market Estimates & Forecast by End user, 2020-2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast by Component, 2020-2027

8.4.4.2 Market Estimates & Forecast by End user, 2020-2027

8.4.5 Japan

8.4.5.1 Market Estimates & Forecast by Component, 2020-2027

8.4.5.2 Market Estimates & Forecast by End user, 2020-2027

8.4.6 India

8.4.6.1 Market Estimates & Forecast by Component, 2020-2027

8.4.6.2 Market Estimates & Forecast by End user, 2020-2027

8.4.7 Rest of Asia-Pacific

8.4.7.1 Market Estimates & Forecast by Component, 2020-2027

8.4.7.2 Market Estimates & Forecast by End user, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast by Country, 2020-2027

8.5.2 Market Estimates & Forecast by Component, 2020-2027

8.5.3 Market Estimates & Forecast by End user, 2020-2027

8.5.4 Latin America

8.5.4.1 Market Estimates & Forecast by Component, 2020-2027

8.5.4.2 Market Estimates & Forecast by End user, 2020-2027

8.5.5 Middle-East & Africa

8.5.5.1 Market Estimates & Forecast by Component, 2020-2027

8.5.5.2 Market Estimates & Forecast by End user, 2020-2027

9 Company Landscape

10. Company Profiles

10.1 Duke Energy.

10.1.1 Company Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.2 EDF Energy

10.2.1 Company Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Edison International

10.3.1 Company Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.3.4 Key Developments

10.4 Engie

10.4.1 Company Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Developments

10.5 Southern Company

10.5.1 Company Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Schneider Electric SE

10.6.1 Company Overview

10.6.2 Product/Business Segment Overview

10.6.3 Financial Updates

10.6.4 Key Developments

10.7 General Electric

10.7.1 Company Overview

10.7.2 Product/Business Segment Overview

10.7.3 Financial Updates

10.7.4 Key Developments

10.8 Siemens AG

10.8.1 Company Overview

10.8.2 Product/Business Segment Overview

10.8.3 Financial Updates

10.8.4 Key Developments

10.9 WGL Energy

10.9.1 Company Overview

10.9.2 Product/Business Segment Overview

10.9.3 Financial Updates

10.9.4 Key Developments

10.10 Orsted

10.10.1 Company Overview

10.10.2 Product/Business Segment Overview

10.10.3 Financial Updates

10.10.4 Key Developments

10.11 Enel X

10.11.1 Company Overview

10.11.2.Product/Business Segment Overview

10.11.3 Financial Updates

10.11.4 Key Developments

10.12 SmartWatt

10.12.1 Company Overview

10.12.2.Product/Business Segment Overview

10.12.3 Financial Updates

10.12.4 Key Developments

10.13 Bernhard Energy

10.13.1 Company Overview

10.13.2.Product/Business Segment Overview

10.13.3 Financial Updates

10.13.4 Key Development

10.14 Others

10.14.1 Company Overview

10.14.2.Product/Business Segment Overview

10.14.3 Financial Updates

10.14.4 Key Developments

List of Tables

Table1 Global Energy as a Service (EaaS)Market: By Region, 2020-2027

Table2 North America Energy as a Service (EaaS)Market: By Country, 2020-2027

Table3 Europe Energy as a Service (EaaS)Market: By Country, 2020-2027

Table4 Asia-Pacific Energy as a Service (EaaS)Market: By Country, 2020-2027

Table5 Middle East & Africa Energy as a Service (EaaS)Market: By Country, 2020-2027

Table6 Latin America Energy as a Service (EaaS)Market: By Country, 2020-2027

Table7 Global Energy as a Service (EaaS)Market by Component: By Regions, 2020-2027

Table8 North America Energy as a Service (EaaS)Market by Component: By Country, 2020-2027

Table9 Europe Energy as a Service (EaaS)Market by Component: By Country, 2020-2027

Table10 Asia-Pacific Energy as a Service (EaaS)Market by Component: By Country, 2020-2027

Table11 Middle East & Africa Energy as a Service (EaaS)Market by Component: By Country, 2020-2027

Table12 Latin America Energy as a Service (EaaS)Market by Component By Country, 2020-2027

Table13 Global Energy as a Service (EaaS)Market by End user: By Regions, 2020-2027

Table14 North America Energy as a Service (EaaS)Market by End user: By Country, 2020-2027

Table15 Europe Energy as a Service (EaaS)Market by End user: By Country, 2020-2027

Table16 Asia-Pacific Energy as a Service (EaaS)Market by End user: By Country, 2020-2027

Table17 Middle East & Africa Market by End user: By Country, 2020-2027

Table18 Latin America Energy as a Service (EaaS)Market by End user: By Country, 2020-2027

LIST OF FIGURES

FIGURE 1 Global Energy as a Service (EaaS)Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Energy as a Service (EaaS)Market

FIGURE 4 Value Chain of Global Energy as a Service (EaaS)Market

FIGURE 5 Share of Global Energy as a Service (EaaS)Market in 2020, by country (in %)

FIGURE 6 Global Energy as a Service (EaaS)Market, 2020-2027,

FIGURE 7 Sub segments of Technology

FIGURE 8 Global Energy as a Service (EaaS)Market size by End user, 2020

FIGURE 9 Share of Global Energy as a Service (EaaS)Market by End user, 2020-2027

FIGURE 10 Global Energy as a Service (EaaS)Market size by Component, 2020

FIGURE 11 Share of Global Energy as a Service (EaaS)Market by Component, 2020-2027