The North America Energy ESO Market would witness market growth of 17.2% CAGR during the forecast period (2023-2030).
Amidst unprecedented technological progress and an expanding awareness of sustainable methodologies, the electricity industry is leading a substantial paradigm shift. At the heart of this evolution is the electricity system operator (ESO), a critical entity responsible for ensuring the seamless and reliable operation of the electricity grid. This dynamic role has given rise to the market. As an indication of a transition towards a more sustainable and resilient future, this burgeoning landscape reflects the industry's reaction to the challenges an evolving energy paradigm poses.
In addition, the adoption of these ESO solutions has gained considerable momentum in recent years, driven by the imperative to integrate renewable energy sources into the grid, enhance grid stability, and accommodate the increasing electrification of various sectors. As the electricity demand continues to rise, traditional grid management systems have faced challenges in meeting the evolving requirements of a more complex and diversified energy mix.
In addition, as per the data released in 2023 from the Canada Energy Regulator, more than half of the electricity in Canada (60%) is generated from hydro sources. The remainder is produced from various sources, including natural gas, nuclear, wind, coal, biomass, solar, and petroleum. In 2020, Canada had the fourth-largest installed capacity of hydropower in the world. Therefore, the increasing adoption of renewable energy in the North America region will boost the demand for the ESO in the coming years.
The US market dominated the North America Energy ESO Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $144,843.9 Million by 2030. The Canada market is experiencing a CAGR of 19.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.8% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The 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
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Energy ESO Market, by Location
1.4.2 North America Energy ESO Market, by Source
1.4.3 North America Energy ESO Market, by Service
1.4.4 North America Energy ESO Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Energy ESO Market by Location
4.1 North America Onshore Market by Country
4.2 North America Offshore Market by Country
Chapter 5. North America Energy ESO Market by Source
5.1 North America Non-renewable Market by Country
5.2 North America Renewable Market by Country
5.3 North America Chemical Processing Market by Country
Chapter 6. North America Energy ESO Market by Service
6.1 North America Structuring & Layout Market by Country
6.2 North America R&D & Designing Market by Country
6.3 North America Digitization Market by Country
6.4 North America Implementation & Maintenance Market by Country
Chapter 7. North America Energy ESO Market by Country
7.1 US Energy ESO Market
7.1.1 US Energy ESO Market by Location
7.1.2 US Energy ESO Market by Source
7.1.3 US Energy ESO Market by Service
7.2 Canada Energy ESO Market
7.2.1 Canada Energy ESO Market by Location
7.2.2 Canada Energy ESO Market by Source
7.2.3 Canada Energy ESO Market by Service
7.3 Mexico Energy ESO Market
7.3.1 Mexico Energy ESO Market by Location
7.3.2 Mexico Energy ESO Market by Source
7.3.3 Mexico Energy ESO Market by Service
7.4 Rest of North America Energy ESO Market
7.4.1 Rest of North America Energy ESO Market by Location
7.4.2 Rest of North America Energy ESO Market by Source
7.4.3 Rest of North America Energy ESO Market by Service
Chapter 8. Company Profiles
8.1 Semcon AB (Ratos AB)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.2 Assystem S.A
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 SWOT Analysis
8.3 Segula Holding
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Quest Global Services Pte. Ltd
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 Mott MacDonald Group Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 SWOT Analysis
8.6 Luxoft Holding, Inc. (DXC TECHNOLOGY COMPANY)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.7 Cyient Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 SWOT Analysis
8.8 ESI Group
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 ALTEN
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.10. Altair Engineering, Inc. (IMG Companies, LLC)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis
TABLE 1 North America Energy ESO Market, 2019 - 2022, USD Million
TABLE 2 North America Energy ESO Market, 2023 - 2030, USD Million
TABLE 3 North America Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 4 North America Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 5 North America Onshore Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Onshore Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Offshore Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Offshore Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 10 North America Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 11 North America Non-renewable Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Non-renewable Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Renewable Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Renewable Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Chemical Processing Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Chemical Processing Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 18 North America Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 19 North America Structuring & Layout Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Structuring & Layout Market by Country, 2023 - 2030, USD Million
TABLE 21 North America R&D & Designing Market by Country, 2019 - 2022, USD Million
TABLE 22 North America R&D & Designing Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Digitization Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Digitization Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Implementation & Maintenance Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Implementation & Maintenance Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Energy ESO Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Energy ESO Market by Country, 2023 - 2030, USD Million
TABLE 29 US Energy ESO Market, 2019 - 2022, USD Million
TABLE 30 US Energy ESO Market, 2023 - 2030, USD Million
TABLE 31 US Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 32 US Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 33 US Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 34 US Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 35 US Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 36 US Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 37 Canada Energy ESO Market, 2019 - 2022, USD Million
TABLE 38 Canada Energy ESO Market, 2023 - 2030, USD Million
TABLE 39 Canada Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 40 Canada Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 41 Canada Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 42 Canada Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 43 Canada Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 44 Canada Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 45 Mexico Energy ESO Market, 2019 - 2022, USD Million
TABLE 46 Mexico Energy ESO Market, 2023 - 2030, USD Million
TABLE 47 Mexico Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 48 Mexico Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 49 Mexico Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 50 Mexico Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 51 Mexico Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 52 Mexico Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 53 Rest of North America Energy ESO Market, 2019 - 2022, USD Million
TABLE 54 Rest of North America Energy ESO Market, 2023 - 2030, USD Million
TABLE 55 Rest of North America Energy ESO Market by Location, 2019 - 2022, USD Million
TABLE 56 Rest of North America Energy ESO Market by Location, 2023 - 2030, USD Million
TABLE 57 Rest of North America Energy ESO Market by Source, 2019 - 2022, USD Million
TABLE 58 Rest of North America Energy ESO Market by Source, 2023 - 2030, USD Million
TABLE 59 Rest of North America Energy ESO Market by Service, 2019 - 2022, USD Million
TABLE 60 Rest of North America Energy ESO Market by Service, 2023 - 2030, USD Million
TABLE 61 Key Information – Semcon AB
TABLE 62 Key Information – Assystem S.A
TABLE 63 Key Information – Segula Holding
TABLE 64 Key Information – Quest Global Services Pte. Ltd
TABLE 65 Key Information – Mott MacDonald Group Limited
TABLE 66 Key Information – Luxoft Holding, Inc.
TABLE 67 Key Information – Cyient Limited
TABLE 68 Key Information – ESI Group
TABLE 69 Key Information – ALTEN
TABLE 70 Key Information – Altair Engineering, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Energy ESO Market share by Location, 2022
FIG 6 North America Energy ESO Market share by Location, 2030
FIG 7 North America Energy ESO Market by Location, 2019 - 2030, USD Million
FIG 8 North America Energy ESO Market share by Source, 2022
FIG 9 North America Energy ESO Market share by Source, 2030
FIG 10 North America Energy ESO Market by Source, 2019 - 2030, USD Million
FIG 11 North America Energy ESO Market share by Service, 2022
FIG 12 North America Energy ESO Market share by Service, 2030
FIG 13 North America Energy ESO Market by Service, 2019 - 2030, USD Million
FIG 14 North America Energy ESO Market share by Country, 2022
FIG 15 North America Energy ESO Market share by Country, 2030
FIG 16 North America 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.