Press Release

Europe Energy as a Service Market to Witness Robust Demand from Commercial Segment until 2025

According to TechSci Research report, Europe Energy as a Service Market By Service Type, By End Use, By Country, Competition, Forecast & Opportunities, 2025, the Europe energy as a service market is expected to grow at a formidable rate during the forecast period owing to the increasing customer base of large enterprises. Additionally, increasing government investments to promote renewable energy sources is further expected to spur the market during the forecast period. However, integration and deployment challenges can hamper the growth of market during forecast period. Moreover, dominance of existing centralized utility models is further expected to restrict the growth of market during forecast period.

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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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