$188.1bn
$XX.Xbn
1m
6,420
$XX.Xbn
Revenue for the Energy-Efficiency Consultants industry in China is expected to grow at an annualized 9.5% over the five years through 2024. This trend includes anticipated growth of 9.4% in the current year. Issued in 2010, the Interim Measures for Management of Financial Incentive Funds of Energy Management Contracting Projects allocated generous subsidies for Energy Performance Contracting (EPC) projects. This initiative marked the beginning of the industry's standardization in China. <br />Many new enterprises have entered the industry over the past five years, attracted by its high revenue growth and profitability. The industry's profit margin will be 12.0% of revenue in 2024. The number of energy-efficiency consulting enterprises is anticipated to increase at a CAGR of 7.0% over the five years through 2024, to an estimated 6,420 enterprises, with an estimated 16,753 establishments in this year. In the next five years, the number of enterprises will increase at a CAGR of 6.8% while the number of establishments increase at a CAGR of 7.5%. In a technology-intensive industry, employees are highly skilled and command high salaries. Industry employment is estimated at 1.5 million in 2024, with total wage costs accounting for about 11.5% of the revenue in 2024.<br />Energy service companies have received strong government support for energy-saving and emission-reduction activities over the past five years. As technologies advance and new regulations promote the industry's development, firms are anticipated to expand to cover more client industries over the next five years. As a result, industry revenue is forecast to grow at a CAGR of 9.0% over the five years through 2029.
Industry revenue has grown at a CAGR of 9.5 % over the past five years, to reach an estimated $188.1bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
China Energy Conservation and Environmental Protection Group Co., Ltd. | 19,941.1 | |
Shenwu Energy Saving Co., Ltd. | 6,396.2 | |
Schneider Electric (China) Co., Ltd. | 3,762.5 |
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Industry revenue is measured across several distinct product and services lines, including Energy performance contracting, Engineering procurement construction and Build-operate-transfer projects. Energy performance contracting is the largest segment of the Energy-Efficiency Consultants in China.
Energy Performance Contracting services are the most common service models in the industry
Energy-efficiency consultants help their clients, most of which are manufacturers, to reduce energy consumption and pollutant emissions. A range of energy-saving services, from technical consulting to project construction and management, are included in the industry, but the manufacturing of energy-saving appliances is excluded.
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The industry is supported by government policies. The 14th Five-Year Plan and the long-term goals for 2035 are just about to support the development of environmental protecti...
Learn about an industry's products and services, markets and trends in international trade.
EPC services are widely provided. Enterprises obtain a certain proportion of the benefits of reducing energy costs through Energy Performance Contracting services.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Geographical location is influenced by downstream industries. The Energy-Efficiency Consulting industry in China is highly concentrated in coastal provinces where the manufac...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Relationship with the government is crucial for industry competition. A close relationship with authorities at all levels will give enterprises an advantage in their operatio...
Learn about the performance of the top companies in the industry.
There are many small enterprises in the industry. Except for China Energy Conservation and Environmental Protection Group Co., Ltd., which has a market share of over 10.0%, o...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Policy support for industry development. The 14th Five-Year Plan for Energy Conservation and Emission Reduction has planned key energy-saving projects, promoting the developm...
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The industry has high profitability. Government subsidies and tax exemptions have supported the profit margins in the Energy-Efficiency Consultants industry in China.
Including values and annual change:
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Key data sources in China include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Energy-Efficiency Consultants industry in China is $188.1bn in 2024.
There are 6,420 businesses in the Energy-Efficiency Consultants industry in China, which has grown at a CAGR of 7.0 % between 2019 and 2024.
The market size of the Energy-Efficiency Consultants industry in China has been growing at a CAGR of 9.5 % between 2019 and 2024.
Over the next five years, the Energy-Efficiency Consultants industry in China is expected to grow.
The biggest companies operating in the Energy-Efficiency Consultants market in China are China Energy Conservation and Environmental Protection Group Co., Ltd., Shenwu Energy Saving Co., Ltd. and Schneider Electric (China) Co., Ltd.
Energy performance contracting and Engineering procurement construction are part of the Energy-Efficiency Consultants industry.
The company holding the most market share in China is China Energy Conservation and Environmental Protection Group Co., Ltd..
The level of competition is high and increasing in the Energy-Efficiency Consultants industry in China.