Report Overview

The Australia energy as a service market is expected to grow at a CAGR of 8.80% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • In November 2023, Australia invested AUD 23 billion to upgrade the grid and enhance energy performance, creating industry partnership opportunities.
  • Rewiring the Nation - AUD 20 billion program was launched with the aim to modernise the electricity grid and deliver new and upgraded transmission infrastructure.
  • Schneider Electric has launched new services to assist businesses in the adoption of renewable energy, through power purchase agreements (PPAs) and other projects.

Australia Energy as a Service Market Growth

Compound Annual Growth Rate

Value in AUD billion

8.8%

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%

Australia Energy as a Service Market Report

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 Segmentation

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

  • Utility Service Provider
  • Third Party Provider

Market Breakup by Service

  • Power Generation 
  • Efficiency & Optimization
  • Load Management & Operation
  • Others

Market Breakup by End Use

  • Industrial
  • Commercial
  • Residential

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Energy as a Service Market Share

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%

Leading Companies in the Australia Energy as a Service Market

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.

  • 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.
  • Enel X Australia Pty Ltd.

*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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Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Provider
  • Service
  • End Use
  • Region
Breakup by Provider
  • Utility Service Provider
  • Third Party Provider
Breakup by Service
  • Power Generation
  • Efficiency & Optimization
  • Load Management & Operation
  • Others
Breakup by End Use
  • Industrial
  • Commercial
  • Residential
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Devro Limited
  • Gamekeepers of Australia Pty Ltd
  • The Australian Meat Emporium
  • Mast link Australia Pty Ltd
  • Dorper Lamb Pty Ltd.
  • Others

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