Press Release Description

Energy Consulting Market to Touch USD 21 Billion Mark by 2030 Due to a Steady CAGR of Around 5%

The Global Energy Consulting Market size was valued at around USD 16 billion in 2024 and is projected to reach USD 21 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 5% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The Global Energy Consulting Market is expanding significantly as a result of various technological advancements. Technology advancements in energy management systems assist governments and businesses in maximizing energy use, reducing operating expenses and improving system efficiency. Additionally, the growing demand for renewable and energy-efficient energy solutions further boosting the market growth. As the emphasis on environmental accountability drives a shift to renewable power sources like solar, wind, and hydropower, the energy consulting firm is becoming more and more respected by the sectors and governments. This encourages businesses to seek expert consulting services to implement the newest energy-saving technologies and optimize operations.

Meanwhile, there is a constant need for more sustainable energy production alternatives due to the global movement towards carbon neutrality and net-zero emissions. Energy consulting firms provide their services on low-carbon technology, carbon offset strategy, and the transition to renewable energy to achieve the global carbon reduction goal. Additionally, the energy consulting industry has a lot of opportunities to grow in developing nations like Asian and African countries. An estimated 1 billion people in these regions still lack access to electricity according to the World Bank, creating a sizable untapped market for infrastructure development and renewable energy solutions. Also, consulting firms are getting ready to help governments and companies implement more intelligent reliable energy systems as smart grid technologies gain popularity and energy storage options expand.

Global Energy Consulting Market

The market is also being transformed by the use of AI in energy optimization and the distribution of energy generation by microgrids. Particularly microgrid systems help regions with erratic electrical grids become more resilient and achieve energy autonomy and artificial intelligence (AI) facilitates proactive energy management which improves sustainability and efficiency. Additionally, patterns of energy consumption are shifting due to the emergence of Energy-as-a-Service business models which offer energy solutions on a subscription basis. The need for consulting services to help businesses adjust to these new models is also growing as a result, further states the research report, “Global Energy Consulting Market Analysis, 2025”.

Global Energy Consulting Market Segmentation Analysis

Advisory Services Are Most Preferred by End-Users

Based on Service type, the market is further bifurcated into Advisory Services, Management Consulting, Technical Consulting, Regulatory & Compliance Consulting, Monitoring, Quality Control & Auditing, Digital Transformation, and others. With approximately 45% of the Global Energy Consulting Market, the advisory services industry is the most prevalent service type in this field. This prevalence results from the increasing demand for strategic guidance in energy transition and sustainability projects. Consulting services help businesses and governmental organizations develop long-term energy plans improve energy efficiency and effectively integrate renewable energy sources.

Moreover, advisory services are essential for identifying the best course of action as more businesses commit to achieving net-zero and carbon reduction targets. This segment's prominence is a result of its role in helping clients navigate complex regulatory environments improving energy efficiency and transitioning to renewable sources. Energy consultants provide information on sustainability strategies, financial gains, and policy changes making their advisory services crucial to market growth.

North America Leads the Global Energy Consulting Industry

Geographically, North America dominates the Global Energy Consulting Market, accounting for approximately 45% of the market volume. Because of its sophisticated infrastructure, strong regulatory framework, and growing focus on sustainable energy options, North America leads the world market for energy consulting.  In the use of renewable energy, the US has made large investments in solar, wind, and energy-saving technologies. Supportive laws and regulations such as; tax exemptions for renewable energy projects and carbon emission reduction goals also benefit the region. This leadership is driven by the growing demand for energy management consulting particularly from large organizations and governmental entities seeking to meet important sustainability goals.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Deloitte, KPMG, Bain & Company, Boston Consulting Group, SLR Consulting, McKinsey & Company, South Pole, Siemens Energy, Brattle Group, Rystad Energy, Accenture, Ernst & Young, Enel X, Verde Solutions LLC, NV5 Global Inc., Energy and Environmental Economics, Inc., 360 Energy Group, E&C Consultants, Enerdata, and Others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What key factors would propel and impede the industry across the globe?
  4. How has the industry been evolving in terms of geography & service adoption?
  5. How has the competition been shaping up across various regions?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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