Growth Of Energy As A Service (EaaS) Market To Be Impacted By The Increasing Adoption Of Microgrids | Technavio
LONDON--(BUSINESS WIRE)--Jan 7, 2020--
The report, energy as a service (EaaS) market 2020-2024, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on end-user, service, and geography for the forecast period 2020-2024.
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Technavio has announced its latest market research report titled global energy as a service (EaaS) market 2019-2023. (Graphic: Business Wire)
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The report on the energy as a service (EaaS) market includes:
Energy as a service (EaaS) market analysis and forecast 2020-2024: Features
Energy as a Service (EaaS) Market 2020-2024: Competitive landscape
Energy as a Service (EaaS) Market Landscape 2020-2024: Geographic landscape
Energy as a Service (EaaS) Market Landscape 2020-2024: End-user
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Technological advances will drive the energy as a service (EaaS) market
The development and growth of the EaaS model are associated to advances in the fields of energy management, analysis, and data collection. In addition, the adoption of advanced technologies such as big data, advanced metering infrastructure, automatic meter reading, and IoT is spurring the use of EaaS model.
Increasing adoption of microgrids – An emerging trend in the energy as a service (EaaS) market
Microgrids are gaining prominence in the commercial and industrial sectors, where downtime of even a minute can result in significant financial loss. It offers benefits such as reliable power supply and energy security. However, the development and operation of microgrid incurs a burden on organizations, which has led to the development of a third model, EaaS, to minimize the burden on the host of microgrids.
Other Key Topics Covered in the Report are:
DRIVERS AND CHALLENGES
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INDUSTRY KEYWORD: ENERGY
SOURCE: Technavio Research
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