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The Global Annual Market for Light Manufacturing and Logistics Energy as a Service Solutions Is Projected to Exceed $12 Billion by 2029
An EaaS approach enables companies to achieve financial and sustainability goals through cost-effective and flexible solutions
A new report from Guidehouse Insights examines the market for turnkey energy as a service (EaaS) solutions, with a focus on light manufacturing and logistics customers, providing global forecasts through 2029.
By relying on service providers to assess and upgrade their energy infrastructure and use, EaaS solutions enable light manufacturing and logistics companies to control energy costs, reduce operational risk, and meet stakeholder demands for more sustainable business practices. Evolving trends in enabling technologies and financing models in the energy and utility industries provide these companies with an opportunity to manage these needs. Click to tweet: According to a new report from @WeAreGHInsights, by 2029, the annual global market for the light manufacturing and logistics EaaS solutions is projected to reach more than $12.1 billion.
“EaaS providers supply customers with cost-effective, flexible, and enterprisewide energy deployment and management solutions that help companies looking to better manage their energy use portfolio,” says Rafael Go, senior research analyst with Guidehouse Insights. “EaaS providers can manage energy costs in a variety of ways, from identifying additional cost savings to installing green energy technologies and offsite energy management, better enabling companies to achieve their financial and sustainability goals.”
According to the report, EaaS solutions range from advisory services that utilize advanced analytics to identify energy efficiency opportunities to full design ownership and management of a company’s energy infrastructure. The latest solutions include portfolio advisory services, onsite energy supply, energy efficiency and building optimization, and load management and optimization.
The report, Energy as a Service for Logistics and Light Manufacturing, focuses on the drivers, barriers, and regional global trends affecting the deployment of turnkey EaaS solutions with an emphasis on light manufacturing and logistics customers. The report outlines geography-specific trends across various solution segments for these two sectors and offers forecasts through 2029. An executive summary of the report is available for free download on the Guidehouse Insights website.
*The information contained in this press release concerning the report, Energy as a Service for Logistics and Light Manufacturing, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.