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Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Energy as a Service Market Outlook
*this image is indicative*
Based on end use, the Australia energy as a service market is driven by industrial owing to enhanced operational management, maximise efficiency and optimisation
Energy as a service provides comprehensive and integrated energy solutions in industrial areas including efficiency and optimisation, power generation, and load management and operation. It deploy advanced real-time monitoring and analysis systems while implementing measures to enhance performance and reduce costs.
Australia Energy as a Service Market Summary | Description | Value |
Base Year | AUD Billion | 2023 |
Historical period | AUD Billion | 2018-2023 |
Forecast Period | AUD Billion | 2024-2032 |
Market Size 2023 | AUD Billion | 1.60 |
Market Size 2032 | AUD Billion | 3.41 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 8.8% |
CAGR 2024-2032 - Market by Region | Western Australia | 9.4% |
CAGR 2024-2032 - Market by Region | Victoria | 8.5% |
CAGR 2024-2032 - Market by Provider | Third Party Provider | 9.3% |
CAGR 2024-2032 - Market by Service | Efficiency & Optimization | 9.7% |
2023 Market Share by Region | Australian Capital Territory | 2.4% |
The increasing integration of renewable energy sources has been driving the Australia energy as a service market growth as it leads to reduced operating costs and overall energy costs. Renewable energy sources have a lower environmental impact due to minimal production of greenhouse gas emissions. Energy as a service provider integrates renewable energy sources such as solar PV, wind, and battery storage in industrial facilities.
Australia Energy as a Service Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Provider
Market Breakup by Service
Market Breakup by End Use
Market Breakup by Region
Third-party providers offer comprehensive energy solutions that include energy management, energy efficiency, and renewable energy integration. They often use advanced technologies and innovative business models to deliver tailored services that help businesses and organisations optimise their energy use, reduce costs, and achieve sustainability goals. Third-party providers are preferred due to their flexibility, expertise, and ability to offer customised solutions that utility service providers may not be able to provide.
CAGR 2024-2032 - Market by | Region |
Western Australia | 9.4% |
Victoria | 8.5% |
Queensland | 8.3% |
New South Wales | XX% |
Australian Capital Territory | XX% |
Others | XX% |
The growth of the energy as a service market is fuelled by the increasing need for health and fitness trackers, changing consumer behaviour and preferences, rising regulatory changes, and a sustainable watchmaking process.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 8.80% between 2024 and 2032.
Based on the provider, the energy as a service market is bifurcated into utility service provider and third party provider.
Key players in the industry are Schneider Electric (Australia) Pty Limited, Synergy, ENGIE ANZ Group, Energy Power Systems Australia Pty Ltd, Edison International, Solari Energy Pty Ltd., 3E Group, Shell Energy Operations Pty Ltd., and Enel X Australia Pty Ltd., among others.
Based on service, the Energy as a Service market is divided into power generation, efficiency & optimization, load management & operation, and others.
The different end use in the market includes industrial, commercial, and residential.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Provider |
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Breakup by Service |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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