Energy Saving and Performance Contracting : 2018 Market Strategy and Major Participants - LUTRON, Crowley Carbon Ltd., OSRAM, Veolia, Candelas Ltd., and Dalkia
Press
Release - 22 Mar 2018
Global
Research and Development News
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Report
Description-
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– Global
Energy Saving and Performance Contracting Market: Overview
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The concept of energy saving and performance
contracting (ESPC) involves several processes in order to achieve
greater energy efficiency. Increasing population across the world and
consequent rapid urbanization, the demand for energy is touching new
peaks. Smart cities and smart buildings are now being built in
budget-neutral approach to reduce energy and water consumption.
Frequently, renewable energy projects are installed and technology
enables wastage of the same. By working in accordance to an energy
service company (ESCO), the owners of a facility can significantly
curtail their energy demand on a daily basis and gain greater return
of investment (ROI). Consequently, the demand in the global energy
saving and performance contracting market is expected to expand at a
rapid rate during the forecast period of 2016 to 2024.
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This
report on the global market for energy saving and performance
contracting aspires to serve as a credible business document for
audiences such as national and state governments, municipal
authorities, real estate developers, IT solution providers, system
integrators, networking solution providers, and utilities companies.
All important factors that may influence the demand in ESPC market
have been analyzed for their eventual impact and future revenue
estimations are included in the report. The report also profiles a
number of key players currently participating in the global energy
saving and performance contracting market and evaluates their share
of the pie as well as recent strategic decisions.
The global market for energy saving and
performance contracting can be segmented on the basis of technology
into heating, ventilation, and air conditioning (HVAC), combined heat
and power (CHP), district heating (DH) refurbishment, and fuel
switch, indoor and outdoor lighting, renewable energy sources (RES)
utilization, and others including gas distribution, reactive power,
process unit, combustion improvement, and compressed air. By business
contract model, the market can be segmented into guaranteed savings
model, shared saving model, and others. By end-use sectors, the
market for energy saving and performance contracting can be segmented
into industry, tertiary, public, and residential. Geographically, the
report studies the potential of energy saving and performance
contracting market in several regions such as Asia Pacific, North
America, Latin America, the Middle East and Africa, and Europe.
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Global Energy Saving and Performance
Contracting Market: Trends and Opportunities
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Among the key factors driving the global ESPC
market is the liberalization and restructuring of the electricity and
gas markets. In addition to that, initiatives taken by public and
private sectors in accordance with climate change is another factors
augmenting the demand in the global energy saving and performance
contracting market. Increasing awareness pertaining to the need of
every conservation, higher return of investment in a longer run,
government support and legislations for performance contracting, and
increased investment for renewable sources of energy such as solar
power are some of the other factors favoring the global market for
energy saving performance contracting. On the other hand, the lack of
commercially sustainable projects is hindering the market from
attaining its true potential.
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Global Energy Saving and Performance
Contracting Market: Regional Outlook
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Currently, North America serves the maximum demand
in ESPC market, which is a reflection of greater adoption of new
technology, government support, and the presence of several key
companies in the country of the U.S. However, Asia Pacific resides a
number of emerging economies such as India, China, Japan, South
Korea, and Singapore and is expected to expand the demand at the most
prominent rate during the forecast period. The Middle East countries
also have a flourishing construction industry, and are incrementing
the demand for energy saving performance contracting.
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Companies mentioned in the research report
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LUTRON, Crowley Carbon Ltd., OSRAM, Veolia,
Candelas Ltd., and Dalkia are some of the key vendors operating in
the global energy saving performance contracting market.
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Major regions analyzed under this research
report are:
- Europe
- North America
- Asia Pacific
- Rest of the World
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This report gives you access to decisive data
such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
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Key highlights of this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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Clear Details get Table of Contents
https://www.researchmoz.us/energy-saving-and-performance-contracting-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html#table-of-content
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