A new report by Navigant Research entitled ESCO Market Overview was recently released. According to Navigant's report the market for Energy Service Companies (ESCOs) in North America, Western Europe and Asia Pacific is expected to grow from $15 billion in 2017 to over $30 billion in 2026.
Business Wire describes ESCOs as instrumental in providing access to energy efficiency technologies and services. Business Wire goes on to explain that ESCOs and their performance contract financing structure is driving the market forward, especially for public sector companies in mature and maturing regions.
The new study analyzes market dynamics for primary ESCO customer segments and includes: