UK Energy as a Service Market - Forecasts from 2018 to 2023
The UK Energy as a Service market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Energy as a service (EaaS) can be defined as the management of one or more aspects of a customer’s energy portfolio- including strategy, program management, energy supply, energy use, asset management by applying new product, services, financing instruments, and technology solutions. The concept is gaining traction owing to the ever growing complexity of the energy market. Burgeoning demand for customizable pricing and cutting-edge energy management options are driving the growing adoption of EaaS model by various industries. As a result of which, the energy suppliers are increasingly integrating innovative technologies, data management, and related services into their strategies so as to gain competitive edge. The EaaS market in UK is expected to grow at a steady pace owing to the growing political pressure on the government to address the rising cost of energy.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the UK Energy as a Service value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the UK Energy as a Service market.
Major industry players profiled as part of the report are EDF Energy, E.ON, ENGIE, npower, and Scottish Power Ltd.
The UK Energy as a Service market has been analyzed through following segments:
By Service Type
Operation and Maintenance
Energy Optimization and Efficiency
By End User
Scottish Power Ltd.
*List is not exhaustive