Industrial Energy Efficiency Services Market 2024-2028
The industrial energy efficiency services market is forecasted to grow by USD 2,802.24 mn during 2023-2028, accelerating at a CAGR of 4.47% during the forecast period. The report on the industrial energy efficiency services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness about environmental impact and sustainability, increasing number of regulations to use energy-efficient equipment, and technological innovation driving the epc model.
Technavio's industrial energy efficiency services market is segmented as below:
By Service
- Energy auditing and consulting
- Monitoring and verification
- Product and system optimization
By End-user
- Oil and gas
- Power
- Petrochemicals and chemicals
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rise in focus on using renewable energy as one of the prime reasons driving the industrial energy efficiency services market growth during the next few years. Also, increasing market consolidation activities and growing adoption of IoT to leverage energy efficiency potential will lead to sizable demand in the market.
The report on the industrial energy efficiency services market covers the following areas:
- Industrial energy efficiency services market sizing
- Industrial energy efficiency services market forecast
- Industrial energy efficiency services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial energy efficiency services market vendors that include Ameresco Inc., CoolPlanet Ltd., DNV Group AS, DuPont de Nemours Inc., Econoler Inc., Electricite de France SA, Enel Spa, ENGIE SA, GE GETEC Holding GmbH, General Electric Co., Honeywell International Inc., John Wood Group PLC, Johnson Controls International Plc, Ramboll Group AS, Rockwell Automation Inc., Schneider Electric SE, SGS SA, Siemens AG, TotalEnergies SE, and Veolia Environnement SA. Also, the industrial energy efficiency services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.