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Energy Efficiency Services Market Size, Share and Forecast 2026-2036

The global energy efficiency services market is worth USD 85.6 bn in 2026 and is forecast to reach USD 168 bn by 2036, growing at a 7.0% CAGR. United States is the largest country market and Retrofits and upgrades is the largest by service segment.

USD 85.6 bnMarket size 2026
USD 168 bnForecast 2036
7.0%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global energy efficiency services market is worth USD 85.6 bn in 2026 and is forecast to reach USD 168 bn by 2036, growing at a 7.0% CAGR. United States is the largest country market and Retrofits and upgrades is the largest by service segment.

ScopeRevenue from energy audits, efficiency retrofits, performance contracting and energy-service company projects that cut energy use in buildings and industry.
IndustryServices and Utilities
Value 2025USD 80.0 bn
Value 2026USD 85.6 bn
Value 2036USD 168 bn
CAGR 2026-20367.0%
Volume 2026274 thousand projects
Volume 2036465 thousand projects
Average price 2026USD 312,300 per project
Report priceStarts from USD 1,999
PublishedNovember 2026

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Energy Efficiency Services market size and forecast, 2026-2036

Exhibit 1The global energy efficiency services market is forecast to grow from USD 85.6 bn in 2026 to USD 168 bn by 2036, a rise of 97%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 7.0%
Energy Efficiency Services market value, 2025 to 2036Market value by year. 2025: USD 80.0 bn; 2026: USD 85.6 bn; 2027: USD 91.6 bn; 2028: USD 98.0 bn; 2029: USD 105 bn; 2030: USD 112 bn; 2031: USD 120 bn; 2032: USD 128 bn; 2033: USD 137 bn; 2034: USD 147 bn; 2035: USD 157 bn; 2036: USD 168 bn. Compound annual growth rate 2026 to 2036: 7.0%.202585.6 bn2026120 bn2031168 bn20367.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 85.6 bn
2027USD 91.6 bn
2028USD 98.0 bn
2029USD 105 bn
2030USD 112 bn
2031USD 120 bn
2032USD 128 bn
2033USD 137 bn
2034USD 147 bn
2035USD 157 bn
2036USD 168 bn

Energy Efficiency Services market segmentation

By service

Exhibit 2Retrofits and upgrades is the largest segment by service, with 44.0% of 2026 revenueEstimated share of 2026 global revenue, by service
Energy Efficiency Services market share by service, 2026Share of 2026 revenue by service. Retrofits and upgrades: 44.0%; Energy performance contracting: 24.0%; Monitoring and optimisation services: 20.0%; Audits and consulting: 12.0%.Retrofits and upgrades44.0%Energy performance contracting24.0%Monitoring and optimisation services20.0%Audits and consulting12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Retrofits and upgrades44.0%41.1%USD 37.7 bn6.3%
Energy performance contracting24.0%24.6%USD 20.5 bn7.3%
Audits and consulting12.0%10.7%USD 10.3 bn5.8%
Monitoring and optimisation services20.0%23.6%USD 17.1 bn8.8%

By customer

Exhibit 3Commercial buildings adds the most revenue by customer, growing from USD 25.7 bn in 2026 to USD 49.9 bn by 2036Estimated revenue in USD by customer, 2026 and 2036 forecast
Energy Efficiency Services market by customer, 2026 and 2036Revenue by customer in 2026 and 2036. Commercial buildings: USD 25.7 bn in 2026, USD 49.9 bn in 2036, change +94%; Industrial: USD 25.7 bn in 2026, USD 49.9 bn in 2036, change +94%; Public sector: USD 20.5 bn in 2026, USD 38.1 bn in 2036, change +85%; Residential: USD 13.7 bn in 2026, USD 30.6 bn in 2036, change +123%.20262036 forecastChangeCommercial buildings+94%25.7 bn49.9 bnIndustrial+94%25.7 bn49.9 bnPublic sector+85%20.5 bn38.1 bnResidential+123%13.7 bn30.6 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Commercial buildings30.0%29.6%USD 25.7 bn6.9%
Industrial30.0%29.6%USD 25.7 bn6.9%
Public sector24.0%22.6%USD 20.5 bn6.4%
Residential16.0%18.2%USD 13.7 bn8.4%

By measure

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Lighting18.0%13.0%USD 15.4 bn3.6%
HVAC and heat pumps34.0%36.0%USD 29.1 bn7.6%
Building envelope and insulation22.0%22.0%USD 18.8 bn7.0%
Motors and industrial drives15.0%15.0%USD 12.8 bn7.0%
Controls and automation11.0%14.0%USD 9.4 bn9.6%

By funding model

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Customer-funded44.0%39.0%USD 37.7 bn5.7%
Utility programme-funded21.0%19.0%USD 18.0 bn5.9%
Third-party financed35.0%42.0%USD 30.0 bn9.0%

By project size

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Under USD 1 million31.0%27.0%USD 26.5 bn5.5%
USD 1 to 10 million44.0%43.0%USD 37.7 bn6.8%
Over USD 10 million25.0%30.0%USD 21.4 bn9.0%

Top 25 countries for energy efficiency services by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 82.5% of 2026 revenue and the 25 countries below together hold 94.8%.

Exhibit 4United States is the largest country market at USD 25.7 bn in 2026, and the three largest countries hold 58.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Energy Efficiency Services market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 25.7 bn, 30.0%; China: USD 18.8 bn, 22.0%; Germany: USD 5.1 bn, 6.0%; Japan: USD 4.3 bn, 5.0%; France: USD 3.4 bn, 4.0%; United Kingdom: USD 3.4 bn, 4.0%; India: USD 3.0 bn, 3.5%; Italy: USD 2.6 bn, 3.0%; South Korea: USD 2.1 bn, 2.5%; Canada: USD 2.1 bn, 2.5%.United States25.7 bn 30.0%China18.8 bn 22.0%Germany5.1 bn 6.0%Japan4.3 bn 5.0%France3.4 bn 4.0%United Kingdom3.4 bn 4.0%India3.0 bn 3.5%Italy2.6 bn 3.0%South Korea2.1 bn 2.5%Canada2.1 bn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 25.7 bn30.0%USD 48.3 bn6.5%
2ChinaUSD 18.8 bn22.0%USD 38.9 bn7.5%
3GermanyUSD 5.1 bn6.0%USD 9.6 bn6.5%
4JapanUSD 4.3 bn5.0%USD 7.7 bn6.1%
5FranceUSD 3.4 bn4.0%USD 6.4 bn6.5%
6United KingdomUSD 3.4 bn4.0%USD 6.4 bn6.5%
7IndiaUSD 3.0 bn3.5%USD 8.6 bn11.1%
8ItalyUSD 2.6 bn3.0%USD 4.9 bn6.6%
9South KoreaUSD 2.1 bn2.5%USD 4.2 bn7.0%
10CanadaUSD 2.1 bn2.5%USD 4.0 bn6.6%
11SpainUSD 2.0 bn2.4%USD 3.9 bn6.6%
12AustraliaUSD 1.7 bn1.9%USD 3.1 bn6.5%
13NetherlandsUSD 1.4 bn1.6%USD 2.6 bn6.6%
14BrazilUSD 1.1 bn1.3%USD 2.5 bn8.7%
15MexicoUSD 899 mn1.1%USD 2.1 bn8.7%
16SwedenUSD 728 mn0.8%USD 1.4 bn6.6%
17PolandUSD 599 mn0.7%USD 1.1 bn6.5%
18TurkeyUSD 488 mn0.6%USD 1.1 bn8.7%
19BelgiumUSD 394 mn0.5%USD 758 mn6.8%
20SwitzerlandUSD 325 mn0.4%USD 606 mn6.4%
21AustriaUSD 265 mn0.3%USD 505 mn6.7%
22DenmarkUSD 214 mn0.2%USD 404 mn6.6%
23RussiaUSD 171 mn0.2%USD 286 mn5.3%
24Saudi ArabiaUSD 146 mn0.2%USD 337 mn8.8%
25IndonesiaUSD 120 mn0.1%USD 303 mn9.7%
Rest of worldUSD 4.5 bn5.2%USD 8.3 bn6.4%
Exhibit 5United States and China account for 52% of the USD 82.8 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Energy Efficiency Services market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 85.6 bn. United States: +USD 22.6 bn; China: +USD 20.1 bn; India: +USD 5.6 bn; Germany: +USD 4.5 bn; Japan: +USD 3.5 bn; 20 other countries: +USD 22.7 bn; Rest of world: +USD 3.8 bn. Market value 2036: USD 168 bn.Market value 202685.6 bnUnited States+22.6 bnChina+20.1 bnIndia+5.6 bnGermany+4.5 bnJapan+3.5 bn20 other countries+22.7 bnRest of world+3.8 bnMarket value 2036168 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Johnson Controls
  • Siemens
  • Schneider Electric
  • Honeywell
  • Trane Technologies
  • Engie
  • Carrier Global
  • ABB

Group 2: Regional and specialist players

  • Ameresco
  • Veolia
  • Willdan Group
  • CLEAResult
  • Dalkia
  • NORESCO
  • ICF
  • Enel X
  • Bureau Veritas
  • DNV

Group 3: Emerging and niche players

  • Bright Power
  • Entegrity
  • Energy Efficiency Services Limited
  • Resource Innovations

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the energy efficiency services market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 7.0% is calculated from the resulting values.

The market is divided by service, by customer, by measure, by funding model, by project size. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the energy efficiency services market?

The global energy efficiency services market is estimated at USD 80.0 bn in 2025 and USD 85.6 bn in 2026.

How fast will the energy efficiency services market grow?

It is forecast to reach USD 168 bn by 2036, a compound annual growth rate of 7.0% from 2026, an increase of USD 82.8 bn.

Which country is the largest market for energy efficiency services?

United States is the largest market by revenue at USD 25.7 bn in 2026, 30.0% of the global total. The three largest countries together hold 58.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 11.1% a year from 2026 to 2036.

Which energy efficiency services segment is largest?

In the by service split, Retrofits and upgrades is the largest segment with 44.0% of 2026 revenue.

Who are the leading energy efficiency services companies?

Global leaders include Johnson Controls, Siemens, Schneider Electric, Honeywell.

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