Market Highlights
According to Market Research Future (MRFR), the global energy as a service (EaaS) market is expected to create a valuation of approximately USD 51.8 BN by 2023, growing at 31.2% CAGR during the forecast period (2018–2023). Augmenting demand for energy supply, program management, energy use, and asset management boosts the growth of the market.
The most eminent market driver for global energy as a service (EaaS) market growth is the rising adoption of distributed energy resources (DER). Other factors enhancing the market growth include decarbonization of the global economy, the advancement of an integrated distributed energy resource (iDER), increased focus on sustainable energy, leveraging data analytics and artificial intelligence in the EaaS market, and transformation of transportation sector through electrification such as the introduction of electric vehicles.
Segmentation:
The report is segmented into three dynamics;
By Component : Solution (Energy Portfolio Advisory, On-Site Energy Supply, Off-Site Energy Supply, Building Optimization, Load Management & Optimization Solution, others) and Services (Infrastructure, Technical & Maintenance, other Support Services).
By End User : Residential, Government, and Industrial (large enterprises and small & medium enterprises).
By Regions : Asia Pacific, Americas, Europe, and the Rest-of-the-World.
Regional Analysis:
The regional segmentation of the global energy as a service (EaaS) market share covers Europe, North America, Asia Pacific, and rest of the world (RoW).
During the forecast period, Europe can be the fastest growing regional market due to the increasing adoption of renewable source of energy consumption and the presence of various energy service providers. Many vital country-specific markets in this region are France, Germany, and the UK. Other countries in Europe also add to market growth.
North America can witness huge market growth due to the presence of vital market players and increasing presence as well as the use of artificial intelligence (AI) and data analytics. The third factor responsible for the market growth is improving demand energy response among the industrial as well as residential areas in the USA and Canada. Mexico is the third important country-specific market in this region.
During the forecast period, the market in Asia Pacific region can experience moderate growth due to inefficient grid infrastructure. The seminal country-specific markets in this region are China, India, and Japan. Other countries of the Asia Pacific region also contribute significantly to the market.
The RoW segment covers Latin America and the Middle East & Africa (MEA). In Latin America, the market is small as infrastructure is not as advanced as in North America. In the MEA region, the market is small due to the limited availability of technology and lack of skilled professionals.
Key Players:
Major players in the global energy as a service (EaaS) market include Bernhard Energy (USA), Contemporary Energy Solutions (USA) Duke Energy (USA), EDF Energy (UK), Edison International (USA), Enel X (Italy), Enertika (Spain), Engie (France), General Electric (USA), Orsted (Denmark), Schneider Electric SE (France), Siemens AG (Germany), SmartWatt (USA), Solarus (Netherlands), Southern Company (USA), and WGL Energy (USA).
Latest Industry News
- Seeing the success of the Metered Energy Efficiency Transaction Structure (MEETS) developed at Seattle’s Bullitt Center, the Seattle City Council has adopted an ordinance that directs Seattle City Light to initiate pilot projects in up to thirty buildings via “Energy Efficiency as a Service” (EEaS) contracts modeled on MEETS. 21 JAN 2019
- Sweden government is seeking consulting service for energy declarations. Their queries and concern to include EaaS. 2 JUL 2019
Browse Complete Report @ https://www.marketresearchfuture.com/reports/energy-as-a-service-market-6609
The global All Terrain Vehicle (ATV) Market was estimated at USD 6 billion in 2015.
All terrain vehicles (ATVs) are popularly known as quads, three-wheelers, quad bikes, or quadricycles.ATVs are single-seated open motor vehicles with either three or more tires.
These tires are specifically designed for rough terrains.
The growing trend of recreational activities; such as off-roading and racing can also drive the market till 2024.Demand for unique riding has increasingly led recreational centers to add ATVs to their amenities.
The need for technically advanced features is projected to raise product costs, hampering the market.To reduce fatalities & injuries; regulatory bodies, like ASI (All-Terrains Vehicle Safety Institute) have standardized the adoption of safety equipment.
Its rules have also limited the number of people riding on single ATVs.The market is divided on the basis of products, applications, and regions.
27 June 2019 – The Global Tobacco and Hookah Market is expected to witness substantial growth in the coming years owing to availability and introduction of the wide range of flavors in tobacco and hookah.
Hookah tobacco is the combustible tobacco smoked with hookah.
It comes in wide range of flavors including cherry, chocolate, apple, licorice, coconut, mint, watermelon and cappuccino.
Hookah tobacco is gaining popularity due to the availability of wide range of tobacco flavors.
Tobacco used for cigarettes is different from the tobacco used in hookah.The key driving factors of tobacco & hookah market include rise in number of innovative products launched on the global scale, rise in disposable income of consumers and increasing preference of consumers for hookah rather than cigarettes.
However, restrictions for using hookah tobacco products in most economies around the globe is hampering the market growth.Request a Sample Copy @ https://www.millioninsights.com/industry-reports/tobacco-hookah-market/request-sampleTobacco and hookah industry is categorized on the basis of product type, end user, sales channel, and geography.
