The US Energy as a Service (EaaS) market is projected to grow at a modest CAGR during the forecast period (2022-2028). The key aspect that drives the growth of the market includes the increasing demand for energy across various end-user industries owing to increasing industrialization and urbanization. Increasing distributed energy grid systems and decreasing cost of renewable energy generation and storage solution across the country is also propelling the market growth. Increasing government funding for the development of energy efficiency projects is also anticipated to boost the market growth in the US during the forecast period.
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The US EaaS market suffered a downfall during the COVID-19 crisis as most of the economic activities were halted during Q1 and Q2 2020. The COVID-19 pandemic has disrupted the energy sector in the US. Due to the lockdown imposed by the government, many manufacturing units and commercial and industrial sectors were shut down. That has impacted the demand for power generation, thus leading to less power consumption. In addition, the delay in upcoming projects for energy efficiency generation has also impacted the manufacturing and production units.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
US Energy as a Service (EaaS) Market, By Type
- Power Generation Services
- Operational and Maintenance Services
- Energy Efficiency and Optimization Services
US Energy as a Service (EaaS) Market, By End-User
- Commercial
- Industrial
- Others (Government)
Company Profiles
- Bernhard Energy Solutions
- Carbon Lighthouse Inc.
- EDF Trading Ltd.
- Edison International
- Entegrity Energy Partners, LLC
- Flywheel Energy, LLC
- General Electric
- Carrier Global Corp
- Honeywell International Inc.
- Smartwatt Inc.
- Sunrun Inc.
- United Technologies Corp.
- WGL Holdings, Inc.
- Wendel Energy Services
The Report covers:
- Comprehensive research methodology of the US Energy as a Service (EaaS) market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US Energy as a Service (EaaS) market.
- Insights about market determinants which are stimulating the US Energy as a Service (EaaS) market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
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