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MEA Renewable EaaS Market Outlook 2028

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    Report

  • 173 Pages
  • July 2021
  • Region: Africa, Middle East
  • Research Nester Pvt. Ltd
  • ID: 5401641

Renewable energy-as-a-service is a model wherein the consumers are provided with specific energy services, as per their requirement. These services do not require the end user to make any sort of upfront capital investment for the purchase of equipment. The service model is a form of third-party ownership whereby a lease/agreement is signed between the service provider and the consumer of the service. The Middle East & Africa renewable energy-as-a-service market is estimated to grow with a CAGR of 10.54% during the forecast period, i.e., 2021-2028. Factors such as the rapidly increasing demand for low-carbon energy technologies, along with the decreasing cost of renewable power generation processes are anticipated to drive the market growth. Further, factors such as the growing need to reduce overall energy cost, and the rising demand for energy from the countries in the region are also anticipated to drive the market growth. The Middle East & Africa renewable energy-as-a-service market is further projected to reach around USD 1800 Million by the end of 2028. In the year 2019, the market attained a market revenue of about USD 1050 Million.



The Middle East & Africa renewable energy-as-a-service market is segmented by various segments, and include segmentation by service type, end user, and by country. Based on service type, the market is segmented into energy procurement, operations & maintenance, efficiency & optimization, equipment upgrade & refurbishment, and others. Out of these, the operations & maintenance segment is anticipated to hold the largest market share throughout the forecast period. Increasing need to enhance the availability, efficiency, and output of renewable energy power plant and also increase the life of plant, are some of the factors anticipated to drive the growth of the segment. Moreover, the segment is further anticipated to record a market revenue of close to USD 645 Million by the end of 2028 by growing at a CAGR of 11% approximately during the forecast period.



Some of the kay players in the Middle East & Africa renewable energy-as-a-service market that are mentioned in our report are QTM, Smart4Power LLC, Energy Savers FZE, Enova (Veolia Environnement), Schneider Electric, SGS, and others.


Table of Contents

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
1.3. Product Overview
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
4. Executive Summary- Middle East & Africa Renewable Energy-as-a-Service Market5. Regulatory Landscape
6. Market Dynamics
6.1. Drivers
6.2. Restraints
6.3. Trends
6.4. Opportunities
7. Industry Risk Analysis
7.1. Demand Risk Analysis
7.2. Supply Risk Analysis
8. Impact of Covid-19 on the Middle East & Africa Renewable Energy-as-a-Service Market
9. Competitive Landscape
9.1. Competitive Trends
9.2. Competitive Benchmarking of the Key Middle East Market Players
9.3. Competitive Benchmarking of the Key Africa Market Players
9.4. Company Profiles
9.4.1. QTM
9.4.2. Smart4Power LLC
9.4.3. Energy Savers FZE
9.4.4. Enova (Veolia Environnement)
9.4.5. Schneider Electric
9.4.6. SGS
10. Middle East & Africa Renewable Energy-as-a-Service Market Outlook
10.1. Market Size and Forecast, 2019-2028
10.1.1. By Value (USD Million), 2019-2028F
10.1.2. Macro-Economic Indicators
10.1.3. Market Segmentation
10.1.4. By Service Type
10.1.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.1.6. By End-User
10.1.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.1.8. By Country/Region
10.1.9. Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), Egypt, Kenya, Ethiopia, Democratic Republic of Congo (DRC), Morocco, Nigeria, South Africa, Rest Of MEA, 2019-2028F (USD Million)
10.2. Israel
10.2.1. Pricing Analysis
10.2.2. By Value (USD Million), 2019-2028F
10.2.3. Market Segmentation
10.2.4. By Service Type
10.2.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.2.6. By End-User
10.2.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.3. GCC
10.3.1. By Value (USD Million), 2019-2028F
10.3.2. Market Segmentation
10.3.3. By Service Type
10.3.4. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.3.5. By End-User
10.3.6. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.4. Saudi Arabia
10.4.1. Pricing Analysis
10.4.2. By Service Type
10.4.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.4.4. By End-User
10.4.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.5. UAE
10.5.1. Pricing Analysis
10.5.2. By Service Type
10.5.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.5.4. By End-User
10.5.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.6. Bahrain
10.6.1. Pricing Analysis
10.6.2. By Service Type
10.6.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.6.4. By End-User
10.6.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.7. Kuwait
10.7.1. Pricing Analysis
10.7.2. By Service Type
10.7.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.7.4. By End-User
10.7.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.8. Qatar
10.8.1. Pricing Analysis
10.8.2. By Service Type
10.8.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.8.4. By End-User
10.8.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.9. Oman
10.9.1. Pricing Analysis
10.9.2. By Service Type
10.9.3. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.9.4. By End-User
10.9.5. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.10. Egypt
10.10.1. Pricing Analysis
10.10.2. By Value (USD Million), 2019-2028F
10.10.3. Market Segmentation
10.10.4. By Service Type
10.10.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.10.6. By End-User
10.10.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.11. Kenya
10.11.1. Pricing Analysis
10.11.2. By Value (USD Million), 2019-2028F
10.11.3. Market Segmentation
10.11.4. By Service Type
10.11.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.11.6. By End-User
10.11.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.12. Ethiopia
10.12.1. Pricing Analysis
10.12.2. By Value (USD Million), 2019-2028F
10.12.3. Market Segmentation
10.12.4. By Service Type
10.12.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.12.6. By End-User
10.12.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.13. Democratic Republic of Congo (DRC)
10.13.1. Pricing Analysis
10.13.2. By Value (USD Million), 2019-2028F
10.13.3. Market Segmentation
10.13.4. By Service Type
10.13.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.13.6. By End-User
10.13.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.14. Morocco
10.14.1. Pricing Analysis
10.14.2. By Value (USD Million), 2019-2028F
10.14.3. Market Segmentation
10.14.4. By Service Type
10.14.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.14.6. By End-User
10.14.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.15. Nigeria
10.15.1. Pricing Analysis
10.15.2. By Value (USD Million), 2019-2028F
10.15.3. Market Segmentation
10.15.4. By Service Type
10.15.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.15.6. By End-User
10.15.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
10.16. South Africa
10.16.1. Pricing Analysis
10.16.2. By Value (USD Million), 2019-2028F
10.16.3. Market Segmentation
10.16.4. By Service Type
10.16.5. Energy Procurement, Operations & Maintenance, Efficiency & Optimization, Equipment Upgrade and Refurbishment, Others, 2019-2028F (USD Million)
10.16.6. By End-User
10.16.7. Residential, Commercial, Industrial, 2019-2028F (USD Million)
11. Analyst’s Review

Companies Mentioned

  • QTM
  • Smart4Power LLC
  • Energy Savers FZE
  • Enova (Veolia Environnement)
  • Schneider Electric
  • SGS