China Energy As A Service Market Size & Outlook, 2025-2030
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China energy as a service market highlights
- The China energy as a service market generated a revenue of USD 5,342.0 million in 2024 and is expected to reach USD 11,975.6 million by 2030.
- The China market is expected to grow at a CAGR of 15.4% from 2025 to 2030.
- In terms of segment, supply 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 5,342.0 million |
| Market revenue in 2030 | USD 11,975.6 million |
| Growth rate | 15.4% (CAGR from 2025 to 2030) |
| Largest segment | Supply 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, China accounted for 7.2% 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 Asia Pacific, China energy as a service market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 6,517.6 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 |
China 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.
Supply services was the largest segment with a revenue share of 44.38% in 2024. Horizon Databook has segmented the China 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.
China's Energy as a Service (EaaS) market is gaining momentum as the nation shifts towards sustainable energy solutions. This innovative model enables consumers to access energy services without upfront investments, focusing on efficiency and flexibility.
The Chinese government actively supports the EaaS framework, promoting integrated energy services that encompass various energy sources, including electricity, heating, and cooling. This approach not only enhances energy management but also aligns with national goals for carbon reduction and increased use of renewable resources.
In September 2024, The Beijing Power Exchange announced initiative to introduce power-purchase agreements (PPAs) for long-term electricity contracts. While PPAs, typically lasting between five to twenty-five years, are commonly utilized in Western markets, they remain relatively underdeveloped in China.
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Target buyers of China 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 China energy as a service market , including forecasts for subscribers. This country databook contains high-level insights into China energy as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China energy as a service market size, by service, 2018-2030 (US$M)
China Energy As A Service Market Outlook Share, 2024 & 2030 (US$M)
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