전기 서비스 회사 시장 : 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the electric service companies market size is projected to be USD 35 billion in 2025, USD 37.27 billion in 2026, and reach USD 50.74 billion by 2031, growing at a CAGR of 6.36% from 2026 to 2031.

This report is Segmented by Customer Type (Large Enterprises, and SMEs), Service Model (EPC, Guaranteed Savings, Eaas, and O&M), Technology (HVAC, LED, BMS, Renewables and Storage, and EV Charging), End-User (Commercial, Industrial, Public and Institutional, and Residential Multi-Family), and Geography. Market Forecasts are Provided in Terms of Value (USD).

Global Electric Service Companies Market Trends and Insights

Rapid Shift to Renewable-Backed Performance Contracts

In 2025, Ameresco noted a significant rise in the integration of solar-plus-storage components in new U.S. federal contracts, with the percentage increasing to 62% from 38% in 2023. This trend highlights the growing adoption of renewable energy solutions in federal projects. Bundling on-site solar arrays with battery storage, combined with guaranteed savings, is fundamentally reshaping risk allocation in the energy sector. This approach not only provides building owners with a reliable hedge against grid volatility but also supports them in meeting their Scope 2 emissions reduction targets, which are critical for sustainability goals. The impending step-down of the U.S. Investment Tax Credit is further driving the acceleration of project timelines, as stakeholders aim to maximize the financial benefits before the credit diminishes. Furthermore, the introduction of virtual-power-plant software is creating additional opportunities by diversifying revenue streams. This software enables the monetization of demand-response, adding a third revenue source and enhancing the overall financial viability of solar-plus-storage projects.

Government-Funded Zero-Carbon Retrofit Mandates

Public-sector climate pledges are increasingly transforming into binding tenders, supported by substantial dedicated capital pools. Under its Renovation Wave initiative, the European Union has allocated EUR 150 billion (USD 169 billion) specifically for public-building upgrades.This initiative requires member states to refurbish 3% of their total floor area annually, aiming to enhance energy efficiency and reduce carbon emissions across the region. Meanwhile, in the United States, the Inflation Reduction Act has established a USD 27 billion revolving loan fund. This fund extends acceptable payback windows, thereby encouraging greater participation and driving project volume toward incumbents already qualified and listed on government procurement platforms. These measures reflect a growing commitment by public-sector entities to address climate change through actionable and enforceable strategies.

Rising Interest-Rate Environment Inflates EPC Payback Periods

As the U.S. Federal Reserve maintained its policy band at 4.25%-4.50% through H1 2026, the weighted average cost of capital for ESCO climbed to 6.2% in 2025. This increase in the cost of capital significantly impacted financial calculations and project feasibility assessments. Consequently, Ameresco experienced an extension in its average payback period, which grew from 11.4 years in 2023 to 13.7 years in 2025. This prolonged payback period created challenges for stakeholders, leading some municipalities to postpone their planned projects, as they reassessed the financial viability and long-term benefits of these investments.

Other drivers and restraints analyzed in the detailed report include:

1. Electrification of Commercial Fleets and Depots
2. Grid-Interactive Buildings Incentives
3. Supply-Chain Bottlenecks for High-Efficiency Transformers

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Between 2026 and 2031, small and medium enterprises are projected to achieve a robust CAGR of 9.45%, reflecting their growing role in the Electric Service Companies market. In 2025, large enterprises maintained a dominant position, capturing a significant 46.78% share of the Electric Service Companies market. This divergence in growth patterns can be attributed to the increasing adoption of Energy-as-a-Service (EaaS) platforms. These platforms eliminate the need for traditional credit checks, thereby enabling SMEs to access affordable energy packages priced below USD 5,000 per month. A notable example of this trend is Schneider Electric's EcoStruxure subscription, which is specifically designed for SMEs. This subscription achieved an impressive 34% attach rate among users whose annual electricity expenditure was under USD 200,000, highlighting its appeal to cost-conscious businesses.

SMEs are increasingly favoring operating-expense contracts, as these qualify for off-balance-sheet treatment under the ASC 842 accounting standard. This approach allows SMEs to manage their energy costs more effectively without impacting their balance sheets. On the other hand, large enterprises often choose to self-finance their energy upgrades, enabling them to take advantage of tax depreciation benefits. In Europe, regional buying groups are playing a pivotal role in the market by aggregating dozens of SMEs under master EaaS agreements. This strategy not only enhances the scale of operations but also significantly improves the negotiating power of these SMEs, allowing them to secure better terms and pricing for their energy needs.

In 2025, energy performance contracting dominated the market with a significant 52.14% revenue share, showcasing its strong position in the industry. However, EaaS (Energy-as-a-Service) subscriptions are experiencing a robust annual growth rate of 7.60%, indicating a shift in client preferences toward more flexible and scalable solutions. Clients are increasingly favoring predictable billing structures, which help them avoid the complexities and disputes often associated with measurement-and-verification processes in guaranteed-savings agreements. This trend highlights the growing demand for transparency and simplicity in energy service contracts. In a notable move, Honeywell introduced a carbon-indexed product that ties payments directly to verified emission reductions, offering a unique solution that aligns seamlessly with corporate ESG (Environmental, Social, and Governance) metrics. This innovation reflects the increasing emphasis on sustainability and measurable environmental impact within the corporate sector.

Siemens is pioneering a hybrid approach with its EaaS-plus model, which combines a fixed base fee with profit-sharing mechanisms, effectively challenging and redefining traditional categorizations in the energy services market. This innovative structure provides clients with both stability and the potential for shared financial benefits, making it an attractive option for businesses seeking customized solutions. Meanwhile, operation-and-maintenance-only contracts have carved out a niche in the market, specifically catering to assets that have moved beyond their initial guarantee periods. These contracts address the ongoing needs of aging infrastructure, ensuring continued efficiency and performance while offering a cost-effective solution for asset management.

Complete Report Scope:

• By Customer Type
  • Large Enterprises
  • Small and Medium Enterprises (SMEs)
• By Service Model
  • Energy Performance Contracting (EPC)
  • Guaranteed Savings Contracts
  • Energy-as-a-Service (EaaS) Subscriptions
  • Operation and Maintenance (O&M) Services
• By Technology Offering
  • HVAC and Boiler Upgrades
  • LED and Lighting Controls
  • Building Management and Smart Controls
  • On-Site Renewable and Storage (PV, BESS)
  • EV Charging Infrastructure
• By End-User Sector
  • Commercial Buildings
  • Industrial Facilities
  • Public and Institutional
  • Residential Multi-Family
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • New Zealand
    • Rest of Asia-Pacific
  • Middle East and Africa
    • Middle East
      • United Arab Emirates
      • Saudi Arabia
      • Turkey
      • Rest of Middle East
    • Africa
      • South Africa
      • Nigeria
      • Kenya
      • Rest of Africa

Geography Analysis

In 2025, North America accounted for 36.41% of the revenue in the Electric Service Companies market. This significant share was bolstered by federal tax credits and well-established performance-contracting statutes, which have been instrumental in driving market growth. Additionally, state energy-efficiency resource standards mandate utilities to support demand-side programs, ensuring a consistent and reliable pipeline of projects for Electric Service Companies. Furthermore, federal agencies continue to rely on proven ESCO frameworks, which not only streamline operations but also help in reducing execution risks, making them a preferred choice for energy efficiency initiatives.

Europe, capturing a share in the mid-20s range in 2025, was propelled by several key initiatives, including the Renovation Wave and the Energy Performance of Buildings Directive. The latter mandates a ban on fossil-fuel heating in newly constructed buildings post-2025, which has significantly influenced the market landscape. Moreover, dynamic grid tariffs, which were finalized in 2024, now incentivize load shifting, thereby encouraging the adoption of advanced control systems. These tariffs reward consumers for optimizing energy usage, further driving the deployment of innovative technologies and solutions across the region.

Asia-Pacific is forecast to grow at a 9.88% CAGR through 2031, the fastest worldwide. China's dual-carbon policy, India's smart-meter mandates, and Japan's corporate PPA incentives expand the regional addressable market. Supply-chain localization, such as Schneider Electric's planned battery plants in India, Vietnam, and Indonesia, aims to curb project lead times. South America and the Middle East and Africa are smaller today yet gaining traction. Brazil's distributed generation rules and Saudi Arabia's Vision 2030 renewable goals spur turnkey solar-plus-storage contracts. District-cooling know-how gives specialized ESCOs an edge in Gulf markets facing extreme cooling loads.

1. Ameresco Inc.
2. ENGIE SA (ENGIE Solutions)
3. Siemens Smart Infrastructure
4. Johnson Controls International plc
5. Schneider Electric SE
6. Honeywell International Inc.
7. Trane Technologies plc
8. Dalkia (EDF Group)
9. ABM Industries Inc.
10. Noresco LLC
11. Energy Systems Group
12. OpTerra Energy Services
13. ConEdison Solutions
14. CLEAResult
15. Entegrity Partners
16. McKinstry Company
17. Alpiq Holding Ltd.
18. Veolia Environnement SA
19. Iberdrola SA
20. Enel X
21. NextEra Energy Resources
22. Eaton Corporation plc

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid Shift to Renewable-Backed Performance Contracts
  • 4.2.2 Government-Funded Zero-Carbon Retrofit Mandates
  • 4.2.3 Electrification of Commercial Fleets and Depots
  • 4.2.4 Grid-Interactive Buildings Incentives
  • 4.2.5 Real-Time Carbon-Pricing APIs Drive Contract Innovation
  • 4.2.6 AI-Optimised Energy-as-a-Service Micro-PPA Bundles
• 4.3 Market Restraints
  • 4.3.1 Rising Interest-Rate Environment Inflates EPC Payback Periods
  • 4.3.2 Supply-Chain Bottlenecks for High-Efficiency Transformers
  • 4.3.3 Building Owner Data-Privacy Pushback on Real-Time Metering
  • 4.3.4 Insurance Exclusions on Performance Shortfall for DER Assets
• 4.4 Industry Value-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Buyers
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Customer Type
  • 5.1.1 Large Enterprises
  • 5.1.2 Small and Medium Enterprises (SMEs)
• 5.2 By Service Model
  • 5.2.1 Energy Performance Contracting (EPC)
  • 5.2.2 Guaranteed Savings Contracts
  • 5.2.3 Energy-as-a-Service (EaaS) Subscriptions
  • 5.2.4 Operation and Maintenance (O&M) Services
• 5.3 By Technology Offering
  • 5.3.1 HVAC and Boiler Upgrades
  • 5.3.2 LED and Lighting Controls
  • 5.3.3 Building Management and Smart Controls
  • 5.3.4 On-Site Renewable and Storage (PV, BESS)
  • 5.3.5 EV Charging Infrastructure
• 5.4 By End-User Sector
  • 5.4.1 Commercial Buildings
  • 5.4.2 Industrial Facilities
  • 5.4.3 Public and Institutional
  • 5.4.4 Residential Multi-Family
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Brazil
    • 5.5.2.2 Argentina
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 Germany
    • 5.5.3.2 United Kingdom
    • 5.5.3.3 France
    • 5.5.3.4 Italy
    • 5.5.3.5 Spain
    • 5.5.3.6 Rest of Europe
  • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 South Korea
    • 5.5.4.4 India
    • 5.5.4.5 Australia
    • 5.5.4.6 New Zealand
    • 5.5.4.7 Rest of Asia-Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
      • 5.5.5.1.1 United Arab Emirates
      • 5.5.5.1.2 Saudi Arabia
      • 5.5.5.1.3 Turkey
      • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
      • 5.5.5.2.1 South Africa
      • 5.5.5.2.2 Nigeria
      • 5.5.5.2.3 Kenya
      • 5.5.5.2.4 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Ameresco Inc.
  • 6.4.2 ENGIE SA (ENGIE Solutions)
  • 6.4.3 Siemens Smart Infrastructure
  • 6.4.4 Johnson Controls International plc
  • 6.4.5 Schneider Electric SE
  • 6.4.6 Honeywell International Inc.
  • 6.4.7 Trane Technologies plc
  • 6.4.8 Dalkia (EDF Group)
  • 6.4.9 ABM Industries Inc.
  • 6.4.10 Noresco LLC
  • 6.4.11 Energy Systems Group
  • 6.4.12 OpTerra Energy Services
  • 6.4.13 ConEdison Solutions
  • 6.4.14 CLEAResult
  • 6.4.15 Entegrity Partners
  • 6.4.16 McKinstry Company
  • 6.4.17 Alpiq Holding Ltd.
  • 6.4.18 Veolia Environnement SA
  • 6.4.19 Iberdrola SA
  • 6.4.20 Enel X
  • 6.4.21 NextEra Energy Resources
  • 6.4.22 Eaton Corporation plc

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment