Canada Energy As A Service Market Size & Outlook, 2025-2030
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Canada energy as a service market highlights
- The Canada energy as a service market generated a revenue of USD 6,001.0 million in 2024 and is expected to reach USD 11,600.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 12.1% from 2025 to 2030.
- In terms of segment, demand services was the largest revenue generating service in 2024.
- Demand services is the most lucrative service segment registering the fastest growth during the forecast period.
Energy as a service market data book summary
| Market revenue in 2024 | USD 6,001.0 million |
| Market revenue in 2030 | USD 11,600.8 million |
| Growth rate | 12.1% (CAGR from 2025 to 2030) |
| Largest segment | Demand services |
| Fastest growing segment | Demand services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supply services, Demand services, Energy optimization services |
Other key industry trends
- In terms of revenue, Canada accounted for 8.1% of the global energy as a service market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. energy as a service market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4,686.0 million by 2030.
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Energy As A Service Market Scope
Energy As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bernhard | View profile | 1001-5000 | Metairie, Louisiana, United States, North America | https://bernhard.com |
| Entegrity LLC | View profile | - | Arlington, Virginia, United States, North America | https://entegrityllc.com |
| NORESCO | View profile | 501-1000 | Westborough, Massachusetts, United States, North America | http://noresco.com |
| Wendel | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.wendelgroup.com/ |
| EDF Energy | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.edfenergy.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Orsted A/S | View profile | 8900 | Kraftvaerksvej 53, Skaerbaek, Fredericia, Denmark, DK-7000 | https://www.orsted.com |
| Enel SpA | View profile | 60905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | https://www.enel.com |
| Centrica PLC | View profile | 21014 | Maidenhead Road, Millstream, Windsor, Berkshire, United Kingdom, SL4 5GD | https://www.centrica.com |
| Veolia Environnement SA | View profile | 218288 | 30, rue Madeleine Vionnet, Aubervilliers, France, 93300 | https://www.veolia.com |
| Engie SA | View profile | 97000 | 1, Place Samuel de Champlain, Courbevoie, France, 92400 | https://www.engie.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Canada energy as a service market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to energy as a service market will help companies and investors design strategic landscapes.
Demand services was the largest segment with a revenue share of 46.14% in 2024. Horizon Databook has segmented the Canada energy as a service market based on supply services, demand services, energy optimization services covering the revenue growth of each sub-segment from 2018 to 2030.
EaaS is experiencing notable growth in Canada, propelled by a convergence of technological advancements, regulatory frameworks, and a societal push for sustainability. The Canadian energy landscape is undergoing a significant transformation, with an increasing focus on clean energy solutions that can meet the diverse needs of businesses and consumers.
EaaS provides a flexible model that aligns with Canada’s goals of reducing greenhouse gas emissions while enhancing energy efficiency. Furthermore, the market is significantly influenced by collaborative efforts among various stakeholders, including government agencies, private sector companies, and local communities.
This collaborative approach fosters innovation and accelerates the adoption of sustainable energy solutions. For instance, in December 2021, Schneider Electric and Temasek launched a new joint venture called GreeNext to provide sustainable and resilient energy solutions to commercial and industrial clients.
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Target buyers of Canada energy as a service market databook
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Our clientele includes a mix of energy as a service market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada energy as a service market , including forecasts for subscribers. This country databook contains high-level insights into Canada energy as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada energy as a service market size, by service, 2018-2030 (US$M)
Canada Energy As A Service Market Outlook Share, 2024 & 2030 (US$M)
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