The Asia Pacific Energy ESO Market would witness market growth of 18.4% CAGR during the forecast period (2023-2030).
Energy ESO facilitates demand-side management by enabling more effective demand response programs. With the ability to collect and analyze vast amounts of data in real time, these ESOs can optimize energy consumption patterns, reduce peak loads, and enhance overall grid efficiency. This application is particularly crucial in smart grids, where bidirectional communication between the grid and end-users is a key feature. The significance of these ESO also extends to grid resilience and reliability. By continuously monitoring the grid and swiftly responding to disturbances or faults, th ESOs minimize downtime and ensure uninterrupted power supply.
The market is witnessing many trends that underscore its growing prominence in the electricity sector. One of the notable trends is the rise of artificial intelligence (AI) and machine learning (ML) applications in grid management. These technologies empower these ESOs to make more accurate predictions, optimize grid operations, and automate decision-making processes, enhancing overall efficiency. Advanced analytics, ML, and AI can examine historical data, weather patterns, and other pertinent variables to forecast electricity demand accurately.
As per the data from the Indian Ministry of Power, in February 2023, there was an 8% increase in energy supply and consumption compared to February 2022. Conversely, from April 2022 to February 2023, there is a 10.4% growth in energy supply and consumption compared to the period from April 2021 to February 2022. Thus, with the significant rise in electricity consumption in countries, the demand for the ESO will increase rapidly in the Asia Pacific region.
The China market dominated the Asia Pacific Energy ESO Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $75,564.5 Million by 2030. The Japan market is registering a CAGR of 17.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 19.1% during (2023 - 2030).
Based on Location, the market is segmented into Onshore, and Offshore. Based on Source, the market is segmented into Non-renewable, Renewable, and Chemical Processing. Based on Service, the market is segmented into Structuring & Layout, R&D & Designing, Digitization, and Implementation & Maintenance. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Energy ESO Market is Predict to reach $737.3 Billion by 2030, at a CAGR of 18%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Semcon AB (Ratos AB), Assystem S.A, Segula Holding, Quest Global Services Pte. Ltd, Mott MacDonald Group Limited, Luxoft Holding, Inc, (DXC TECHNOLOGY COMPANY), ESI Group, Cyient Limited, ALTEN and Altair Engineering, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Location
By Source
- Non-renewable
- Renewable
- Chemical Processing
By Service
- Structuring & Layout
- R&D & Designing
- Digitization
- Implementation & Maintenance
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Semcon AB (Ratos AB)
- Assystem S.A
- Segula Holding
- Quest Global Services Pte. Ltd
- Mott MacDonald Group Limited
- Luxoft Holding, Inc, (DXC TECHNOLOGY COMPANY)
- ESI Group
- Cyient Limited
- ALTEN
- Altair Engineering, Inc.
TABLE 1 Asia Pacific Energy ESO Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Energy ESO Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Onshore Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Onshore Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Offshore Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Offshore Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Non-renewable Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Non-renewable Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Renewable Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Renewable Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Chemical Processing Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Chemical Processing Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Structuring & Layout Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Structuring & Layout Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific R&D & Designing Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific R&D & Designing Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Digitization Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Digitization Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Implementation & Maintenance Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Implementation & Maintenance Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Energy ESO Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Energy ESO Market by Country, 2023 - 2030, USD Million
TABLE 29 China Energy ESO Market, 2019 - 2022, USD Million
TABLE 30 China Energy ESO Market, 2023 - 2030, USD Million
TABLE 31 China Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 32 China Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 33 China Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 34 China Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 35 China Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 36 China Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 37 Japan Energy ESO Market, 2019 - 2022, USD Million
TABLE 38 Japan Energy ESO Market, 2023 - 2030, USD Million
TABLE 39 Japan Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 40 Japan Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 41 Japan Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 42 Japan Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 43 Japan Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 44 Japan Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 45 India Energy ESO Market, 2019 - 2022, USD Million
TABLE 46 India Energy ESO Market, 2023 - 2030, USD Million
TABLE 47 India Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 48 India Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 49 India Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 50 India Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 51 India Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 52 India Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 53 South Korea Energy ESO Market, 2019 - 2022, USD Million
TABLE 54 South Korea Energy ESO Market, 2023 - 2030, USD Million
TABLE 55 South Korea Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 56 South Korea Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 57 South Korea Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 58 South Korea Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 59 South Korea Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 60 South Korea Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 61 Singapore Energy ESO Market, 2019 - 2022, USD Million
TABLE 62 Singapore Energy ESO Market, 2023 - 2030, USD Million
TABLE 63 Singapore Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 64 Singapore Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 65 Singapore Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 66 Singapore Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 67 Singapore Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 68 Singapore Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 69 Malaysia Energy ESO Market, 2019 - 2022, USD Million
TABLE 70 Malaysia Energy ESO Market, 2023 - 2030, USD Million
TABLE 71 Malaysia Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 72 Malaysia Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 73 Malaysia Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 74 Malaysia Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 75 Malaysia Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 76 Malaysia Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 77 Rest of Asia Pacific Energy ESO Market, 2019 - 2022, USD Million
TABLE 78 Rest of Asia Pacific Energy ESO Market, 2023 - 2030, USD Million
TABLE 79 Rest of Asia Pacific Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 80 Rest of Asia Pacific Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 81 Rest of Asia Pacific Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 82 Rest of Asia Pacific Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 83 Rest of Asia Pacific Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 84 Rest of Asia Pacific Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 85 Key Information – Semcon AB
TABLE 86 Key Information – Assystem S.A
TABLE 87 Key Information – Segula Holding
TABLE 88 Key Information – Quest Global Services Pte. Ltd
TABLE 89 Key Information – Mott MacDonald Group Limited
TABLE 90 Key Information – Luxoft Holding, Inc.
TABLE 91 Key Information – Cyient Limited
TABLE 92 Key Information – ESI Group
TABLE 93 Key Information – ALTEN
TABLE 94 Key Information – Altair Engineering, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Energy ESO Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Energy ESO Market
FIG 4 Porter’s Five Forces Analysis – Energy ESO Market
FIG 5 Asia Pacific Energy ESO Market share by Location, 2022
FIG 6 Asia Pacific Energy ESO Market share by Location, 2030
FIG 7 Asia Pacific Energy ESO Market by Location, 2019 - 2030, USD Million
FIG 8 Asia Pacific Energy ESO Market share by Source, 2022
FIG 9 Asia Pacific Energy ESO Market share by Source, 2030
FIG 10 Asia Pacific Energy ESO Market by Source, 2019 - 2030, USD Million
FIG 11 Asia Pacific Energy ESO Market share by Service, 2022
FIG 12 Asia Pacific Energy ESO Market share by Service, 2030
FIG 13 Asia Pacific Energy ESO Market by Service, 2019 - 2030, USD Million
FIG 14 Asia Pacific Energy ESO Market share by Country, 2022
FIG 15 Asia Pacific Energy ESO Market share by Country, 2030
FIG 16 Asia Pacific Energy ESO Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Assystem S.A
FIG 18 SWOT Analysis: Segula Holding
FIG 19 SWOT Analysis: Quest Global Services Pte. Ltd
FIG 20 SWOT Analysis: Mott MacDonald Group Limited
FIG 21 SWOT Analysis: Cyient Limited
FIG 22 SWOT Analysis: ESI Group
FIG 23 SWOT Analysis: Altair Engineering, Inc.