에너지 효율 시장 예측(-2030년) : 서비스 유형별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Energy Efficiency Market is growing at a CAGR of 14.6% during the forecast period. Energy efficiency refers to using less energy to perform the same task, such as heating a home or powering appliances, without sacrificing comfort, quality, or performance. It involves minimizing energy waste and optimizing energy use, typically through technological advancements, improved processes, or behavioral changes. Energy-efficient practices and technologies aim to reduce energy consumption, lower greenhouse gas emissions, and decrease reliance on finite energy resources. Key aspects of energy efficiency include the adoption of energy-efficient appliances, lighting, and building materials, as well as implementing energy management systems and practices in industrial and commercial sectors.

Market Dynamics:

Driver:

Urbanization and infrastructure development

Urbanization and infrastructure development play crucial roles in enhancing energy efficiency by fostering advancements in technology, transportation, and resource management. As cities expand and modernize, there is a growing emphasis on sustainable practices and the integration of smart technologies. Efficient urban planning can lead to reduced energy consumption through initiatives like green building standards, optimized public transportation systems, and the implementation of renewable energy sources. Infrastructure development supports these efforts by upgrading outdated systems, such as transitioning to energy-efficient lighting and appliances, improving waste management processes, and promoting the use of electric vehicles.

Restraint:

Regulatory and policy uncertainty

Regulatory and policy uncertainty poses a significant barrier to advancing energy efficiency initiatives. Businesses and investors rely on clear, stable regulations to make informed decisions and investments in energy-efficient technologies and practices. When regulations are uncertain or frequently changing, it creates hesitancy and reluctance to commit resources towards long-term efficiency improvements. Unclear policies can lead to inconsistency in implementation and enforcement, further complicating efforts to achieve meaningful energy savings and environmental goals. However, this uncertainty also affects consumer confidence and adoption of energy-efficient products and services, as they may be unsure about the reliability and longevity of government support and incentives.

Opportunity:

International agreements and commitments

International agreements and commitments play a crucial role in enhancing energy efficiency on a global scale. These agreements typically involve multiple countries coming together to set targets, standards, and policies aimed at reducing energy consumption and improving efficiency across various sectors such as industry, transportation, and buildings. By agreeing on common goals and sharing best practices, countries can leverage collective knowledge and resources to accelerate technological advancements and adoption of energy-efficient practices. Furthermore, international agreements provide a framework for cooperation and coordination on research and development initiatives, funding mechanisms, and capacity-building efforts. They also facilitate the exchange of data and information, which is essential for monitoring progress and identifying areas for improvement.

Threat:

High upfront costs

High upfront costs are a significant barrier to enhancing energy efficiency in various sectors. Investments in energy-efficient technologies such as appliances, lighting, heating, and cooling systems often require substantial initial capital outlay, which many consumers and businesses find prohibitive. Despite the long-term cost savings from reduced energy consumption, the immediate financial burden dissuades stakeholders from adopting these technologies. However, for industries and businesses operating on tight budgets or facing uncertain economic conditions, allocating funds towards energy efficiency upgrades may not be a priority compared to other immediate operational expenses.

Covid-19 Impact:

The COVID-19 pandemic significantly influenced energy efficiency trends worldwide. Lockdowns and restrictions led to reduced industrial activity, transportation and commercial operations, causing a temporary drop in energy demand. This shift forced organizations to reassess energy consumption patterns and operational efficiencies. Remote working arrangements highlighted the potential for energy savings in office buildings through better HVAC management and reduced lighting needs. However, the pandemic also underscored challenges in maintaining energy efficiency investments and commitments amidst economic uncertainties.

The Heating, Ventilation and Air Conditioning segment is expected to be the largest during the forecast period

Heating, Ventilation and Air Conditioning segment is expected to be the largest during the forecast period. Modern HVAC systems incorporate advanced technologies such as variable-speed motors and smart thermostats, which optimize energy usage by adjusting operations based on real-time conditions and demand. Improved insulation and sealing techniques minimize energy loss, ensuring that conditioned air is retained within the building envelope. Additionally, energy-efficient HVAC systems also utilize high-efficiency filters and components that reduce overall energy consumption while maintaining optimal indoor air quality.

The Commercial segment is expected to have the highest CAGR during the forecast period

Commercial segment is expected to have the highest CAGR during the forecast period. In the commercial sector, enhancing energy efficiency involves implementing technologies and practices that reduce energy consumption while maintaining or improving productivity. This approach not only lowers operational costs but also aligns with environmental sustainability goals by minimizing carbon footprints. Businesses achieve energy efficiency through various means such as upgrading to energy-efficient equipment, optimizing HVAC systems, adopting smart lighting solutions, and implementing energy management systems that monitor and control usage patterns.

Region with largest share:

Europe region commanded the largest market share over the extrapolated period. Governments and regulatory bodies across the region have implemented various incentive programs aimed at encouraging businesses and individuals to adopt more sustainable practices across the region. These incentives often take the form of grants, subsidies, tax breaks, and low-interest loans, which help offset the initial costs of upgrading to energy-efficient technologies and practices throughout the region. By reducing the financial burden and offering tangible benefits, such as lower energy bills and improved environmental performance, these incentives motivate stakeholders to invest in energy-efficient solutions throughout the region.

Region with highest CAGR:

Europe region is projected to witness profitable growth during the forecast period. Utility programs are playing a crucial role in enhancing energy efficiency across Europe. These programs are designed and implemented by utility companies to encourage consumers and businesses to adopt more energy-efficient practices and technologies across the region. In the context of Europe, where there is a strong emphasis on sustainability and reducing carbon emissions, utility programs contribute significantly to achieving energy efficiency targets set by governments and the European Union.

Key players in the market

Some of the key players in Energy Efficiency market include Eaton Corporation, Exelon Corporation, General Electric, Honeywell International, Inc, Johnson Controls International PLC, Lockheed Martin Advanced Energy Storage, LLC, Ontario Power Generation, Ormat Technologies, Inc, Rockwell Automation, Siemens AG and Trane Technologies.

Key Developments:

In May 2024, US power management company Eaton has acquired UK thermal monitoring solution firm Exertherm. The company's Continuous Thermal Monitoring (CTM) sensors can be installed in electrical components such as Bus Ducts, LV/MV switchgear, MCCs, UPS, PDUs, and dry transformers. Permanently installed sensors monitor asset temperature changes and provide an early warning to alert personnel when and where a potential electrical failure may occur.

In March 2024, US power management company Eaton announced the launch of its new modular data center solution. Eaton's SmartRack modular data center combines racks, cooling, and service enclosures to withstand up to 150kW of equipment load. The solution is designed for organizations looking to meet the growing demand for edge computing, machine learning, and AI.

Service Types Covered:

• Operational and Maintenance Services
• Heating, Ventilation and Air Conditioning
• Energy Management Systems (EMS)
• Other Service Types

End Users Covered:

• Industrial
• Commercial
• Automotive and Transportation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Energy Efficiency Market, By Service Type

• 5.1 Introduction
• 5.2 Operational and Maintenance Services
• 5.3 Heating, Ventilation and Air Conditioning
• 5.4 Energy Management Systems (EMS)
• 5.5 Other Service Types

6 Global Energy Efficiency Market, By End User

• 6.1 Introduction
• 6.2 Industrial
• 6.3 Commercial
• 6.4 Automotive and Transportation
• 6.5 Other End Users

7 Global Energy Efficiency Market, By Geography

• 7.1 Introduction
• 7.2 North America
  • 7.2.1 US
  • 7.2.2 Canada
  • 7.2.3 Mexico
• 7.3 Europe
  • 7.3.1 Germany
  • 7.3.2 UK
  • 7.3.3 Italy
  • 7.3.4 France
  • 7.3.5 Spain
  • 7.3.6 Rest of Europe
• 7.4 Asia Pacific
  • 7.4.1 Japan
  • 7.4.2 China
  • 7.4.3 India
  • 7.4.4 Australia
  • 7.4.5 New Zealand
  • 7.4.6 South Korea
  • 7.4.7 Rest of Asia Pacific
• 7.5 South America
  • 7.5.1 Argentina
  • 7.5.2 Brazil
  • 7.5.3 Chile
  • 7.5.4 Rest of South America
• 7.6 Middle East & Africa
  • 7.6.1 Saudi Arabia
  • 7.6.2 UAE
  • 7.6.3 Qatar
  • 7.6.4 South Africa
  • 7.6.5 Rest of Middle East & Africa

8 Key Developments

• 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 8.2 Acquisitions & Mergers
• 8.3 New Product Launch
• 8.4 Expansions
• 8.5 Other Key Strategies

9 Company Profiling

• 9.1 Eaton Corporation
• 9.2 Exelon Corporation
• 9.3 General Electric
• 9.4 Honeywell International, Inc
• 9.5 Johnson Controls International PLC
• 9.6 Lockheed Martin Advanced Energy Storage, LLC
• 9.7 Ontario Power Generation
• 9.8 Ormat Technologies, Inc
• 9.9 Rockwell Automation
• 9.10 Siemens AG
• 9.11 Trane Technologies