Europe Energy as a Service (EaaS) Market

The report "Europe Energy as a Service (EaaS) Market by Type (Energy Supply Services, Operational & Maintenance Services, Energy Efficiency & Optimization Services) and End User (Industrial, Commercial) – Trends and Forecast to 2030" is projected to grow from USD 15.31 billion in 2024 and to reach USD 28.99 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period.

Browse 50 market data Tables and 40 Figures spread through 150 Pages and in-depth TOC on "Europe Energy as a Service (EaaS) Market by Type (Energy Supply Services, Operational & Maintenance Services, Energy Efficiency & Optimization Services) and End User (Industrial, Commercial) – Trends and Forecast to 2030"
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The energy as a service (EaaS) business is strengthened by the increasing investment in digital infrastructure, especially the quick development of 5G networks and high-capacity fiber broadband. Companies can implement cutting-edge service-based solutions, including real-time data analytics, AI-enabled automation, edge computing, and massive IoT platforms, owing to ultra-low latency, increased bandwidth, and more dependable connectivity. Organizations are able to convert intricate, mission-critical operations into adaptable, cloud-delivered service models as nations implement 5G coverage and modernize backbone networks. In addition to enhancing service performance, this strong infrastructure push opens up new EaaS use cases in public services, manufacturing, energy management, and smart mobility applications.

“Energy supply services segment is expected to be the fastest growing during the forecast period”

Based on type, the energy supply services segment is projected to record the highest CAGR between 2025 and 2030. Energy budgeting has become more challenging for businesses in Europe due to the volatile wholesale gas and electricity markets, which are exacerbated by geopolitical tensions and seasonal supply-demand fluctuations. Organizations leverage energy supply services under the EaaS model, which offers fixed, hedged, and long-term price agreements to protect themselves from unexpected price spikes. Predictable energy spending is a driver of EaaS adoption since these service-based contracts stabilize energy costs, enhance financial planning, and shield businesses from market volatility.

“Industrial segment is likely to hold a major share of the Europe energy as a service market in 2030”

By end user, the industrial segment is anticipated to account for a significant market share in 2030. To seamlessly switch to sustainable power, European industrial facilities rely on distributed energy resources and on-site renewables, such as solar panels, battery systems, and CHP units. They reduce energy costs and emissions. However, the maintenance and implementation of these technologies can be challenging and costly. EaaS providers can overcome this challenge through full coverage services that deal with system design, installation, financing, and operational long-term. Thus, it gives the industry access to clean, reliable, and well-managed on-site energy generation without the upfront cost or technical obligations.

“UK is expected to be the second-largest energy as a service market during the forecast period”

The UK is expected to hold the second-largest share of the Europe energy as a service market during the forecast period. The country has a strong focus on decarbonization of energy systems, which will help meet its climate targets and contribute to market growth. The government has set the goal of 100% zero-carbon electricity by 2035; therefore, clean power generation is key to the UK’s net-zero-by-2050 strategy. The National Grid reports that the country has produced its trillionth kilowatt-hour (kWh) of renewable electricity in 2023, which is sufficient to power homes for 12 years. Although it took 50 years to reach this milestone, the current estimates suggest that the next trillion kWh will be attained in just over five years, thus accelerating the need for EaaS-based clean energy solutions.

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