Industrial Energy-Efficiency Services Global Strategic Industry Report 2023-2030: Ability of IoT Powered Energy Management Systems to Predict Consumption & Spending Spurs Interest in the Technology - ResearchAndMarkets.com

The "Industrial Energy-Efficiency Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Industrial Energy-Efficiency Services was valued at an estimated US$10.5 Billion in 2023 and is projected to reach US$16.7 Billion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the industrial energy-efficiency services market is driven by several factors, reflecting the increasing demand for sustainable and cost-effective energy solutions. One significant driver is the rising energy costs, which push industries to seek ways to reduce their energy consumption and operating expenses. Regulatory pressures and government initiatives aimed at reducing carbon footprints and promoting energy efficiency also play a crucial role in market growth. Companies are increasingly aware of the financial and reputational benefits of adopting energy-efficient practices, further encouraging the uptake of these services.

Technological advancements, particularly in smart technologies and automation, enable more effective and accessible energy management solutions, making it easier for industries to implement and benefit from energy-efficiency measures. Additionally, the global focus on sustainability and the transition to a low-carbon economy is driving the demand for industrial energy-efficiency services, as businesses strive to align with environmental goals and standards. These factors collectively ensure the robust expansion and continuous evolution of the industrial energy-efficiency services market.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Energy Auditing & Consulting segment, which is expected to reach US$8.0 Billion by 2030 with a CAGR of a 7.4%. The Monitoring & Verification segment is also set to grow at 6.7% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $2.6 Billion in 2023, and China, forecasted to grow at an impressive 9.3% CAGR to reach $2.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Ameresco, Inc., DALKIA, DNV Group AS, and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Industrial Energy-Efficiency Services Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Energy-Efficiency Services Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Industrial Energy-Efficiency Services Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Key Attributes:

MARKET OVERVIEW

• Growing Concerns Over Climate Change Throws the Focus Squarely on Sustainability & Energy Efficiency
• As Global Pollution Continues to Rise, Energy Efficiency Emerges to Become a Core Aspect of the Ongoing Sustainability Drive
• Industrial Energy-Efficiency Services - Global Key Competitors Percentage Market Share in 2024 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
• Influencer/Product/Technology Insights
• Recent Market Activity
• Innovations

MARKET TRENDS & DRIVERS

• The Value of Energy Efficiency is Greater Now than Ever Before. Here's Why.
• Unforgivable Levels of Energy Wastes Brings Power Monitoring Into the Spotlight as the First Step Towards Achieving Industrial Energy Efficiency
• The World is Wasting More Energy than It Uses Even as Global Leaders Strategize to Reduce Carbon Emissions & Climate Change. The Time is Now Right for Energy Efficiency Solutions & Services: Energy Use Efficiency & Wastages in the U.S. (In Quadrillion British Thermal Units)
• Despite Technology Innovations & Falling Costs of Renewables, Energy Prices Continues to Rise, Strengthening the Business Case for Energy Efficiency Services
• Stricter Energy Efficiency Regulations Bodes Well for Market Growth
• Growing Awareness over the Benefits of Energy Management System Adds to the Growth Momentum
• Energy Management Software, the Key Component of EMS
• Industrial Energy Management System (IEMS) Storms Into the Spotlight For Its Role in Conserving Energy and Driving Energy Efficiency
• Energy Intensive Industries Are Important Consumer Clusters for Industrial Energy Management Systems (IEMS)
• Cloud-Based Energy Management Systems & Services (IEMaaS) Rise in Popularity
• The Time is Ripe for Leveraging IoT for Smart Energy Efficiency Management
• Ability of IoT Powered Energy Management Systems to Predict Consumption & Spending Spurs Interest in the Technology
• Energy Efficiency as a Service, an Interesting Trend to Monitor
• Here's How AI is Revolutionizing the Field of Industrial Energy Efficiency
• Energy Auditing Services Rises in Importance
• Adoption of Energy Efficient Technologies Grow Stronger

FOCUS ON SELECT PLAYERS(Total 70 Featured)

• Ameresco, Inc.
• DALKIA
• DNV Group AS
• Econoler, Inc.
• Enel Spa
• G+E GETEC Holding GmbH
• GE Power, a part of General Electric Co.
• ista SE
• Johnson Controls International Plc
• Schneider Electric SE
• SGS SA
• Siemens AG
• TotalEnergies SE
• Veolia Environnement SA

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240722171186/en/