Europe Energy as a Service Market is expected to grow during the forecast period.
Growing potential of renewable energy resources is expected to drive the market throughout the forecast period
According to TechSci Research report, “ Europe Energy as a Service Market – A notable trend in the Europe Energy as a Service (EaaS) market is the emergence of smart grids and the integration of Internet of Things (IoT) technologies. The Europe energy as a service market is
segmented based on service type, end use, company and country. Based on service
type, the market can be categorized into power generation services, energy
efficiency and optimization services and operational and maintenance services. The
energy efficiency and optimization
services segment is expected to witness significant growth during the next five
years owing to its inherent benefits such as improving energy efficiency and
speed. Based on end use, the market can be bifurcated into commercial and industrial.
The commercial end use segment is expected to dominate the market during the
forecast years. This can be accredited to the energy service implementations
being mandated across the region in the commercial sector. This is mainly due
to significant structural impacts. Furthermore, commercial consumers will have
access to their energy efficiency systems through energy as a service, which
will in turn help them improve their energy consumption.
Schneider Electric, Engie, Siemens AG,
Veolia, Enel X, Alpiq, Enertika, Orsted and others are some of the
leading players operating in Europe energy as a service market.
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“Europe
energy as a service market is projected to witness significant growth during
the forecast years since the consumers in the region are looking to procure
cleaner, reliable, and cheaper energy resources. Additionally, presence of key market
players such as Schneider
Electric, Engie, Siemens AG, among others in the region is further propelling
the market in the region. Furthermore, the utilities in the region have started
implementing energy efficiency projects and are looking to cut down energy
generation costs.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Europe Energy as a Service Market By Service Type, By
End Use, By Country, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe energy
as a service market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Europe energy as a service market.
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