Search results for: 'Energy As A Service'

This Frost & Sullivan study explores the lighting industry's dynamic landscape, with a focus on the adoption of digital technologies to revolutionize lighting systems for built environments. Frost & Sullivan estimates the market to grow at a compound annual growth rate (CAGR) of 18.4% between 2022 and 2028. The escalating global demand for energy-...

The building energy management systems (BEMS) market is poised for significant growth, driven by advancements in transformational technologies, heightened focus on energy efficiency, and increasing regulatory mandates to combat climate change. BEMS solutions integrate hardware, software, and data analytics to monitor, control, and optimize building...

Light-as-a-Service (LaaS) is a subscription-based lighting industry business model where the end-user or the building owner purchases the light rather than the hardware that delivers it. With this model, the vendor and the end user enter into a multi-year contractual agreement with payment and energy saving details. LaaS was introduced to avoid the...

09 Sep 2022  |  Europe  |  Market Research

European Energy Savings and Performance Contracting Growth Opportunities

Strategic Partnering and Innovation Culture in ESPC to Uphold Buildings’ Operational Efficiency

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As the construction industry resumes a level of pre-pandemic operational efficiency and commercial establishments reopen, energy demand from buildings in Europe has surged. For a brief period between 2020 and early 2022, energy efficiency measures did not grow rapidly, despite enabling regulations. This period hampered the achievement of several go...

Organizations and individuals lease flexible workspaces for periods shorter than traditional business office leases, including month-to-month rolling rentals, 12–24-month contracts, or personally tailored arrangements to meet the tenant’s needs. Opportunities for flexible workspaces focus on property services and ICT solutions and services. The ...

07 Mar 2016  |  Europe  |  Market Research

European Energy Savings Contract and Performance Contracting Market, Forecast to 2020

Changing Focus of Energy Management from Products to Services Promotes Strong Growth

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The management of energy efficiency is witnessing a fundamental shift away from investment in products and systems, towards investment in outcomes, managed services, and guaranteed energy savings. The European energy savings and performance contracting market is still young and shows great potential with strong growth projected throughout the forec...

28 Jun 2018  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Market, Forecast to 2024

HVAC and Lighting Will Be the Primary Pillars of the Market by 2024

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Key Issues Addressed

The North American energy saving and performance contracting market is currently in the growth stage and is expected to witness healthy growth between 2017 and 2024. The market is expected to grow at a CAGR of 7.34% between 2017 and 2024. A high rate of growth is due to the government support and policy initiatives toward energy performance contrac...

03 Jan 2017  |  Asia Pacific  |  Market Research

BEMS Market in Southeast Asia, Forecast to 2020

Rise in Electricity Prices, Boom in Building Construction, and Energy Services to Result in Near Doubling of Overall Revenues for the Building Energy

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The Southeast Asian Building Energy Management Systems (BEMS) market currently in the nascent stage is expected to grow strongly at a CAGR of 10 to 15% from 2015 and 2020. The market is expected to be worth more than $180 million by 2020. In addition to rising electricity price and expanding buildings construction and energy services, demand will b...

The market for Energy Performance Contracting (EPC) for buildings in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) is in early stages of development. However, both countries are making significant progress in not only diversifying their economies toward lesser dependence on oil but also toward more environmental sustainabilit...