According to a report by TBRC Business Research, the energy and utilities consulting market reached $12.63 B in 2025 and is projected to grow to $13.8 B in 2026, representing a CAGR of 9.3 %.
Growth in the energy and utilities consulting market is being driven by renewable energy expansion, smart grid adoption, infrastructure modernisation and growing demand for operational efficiency, regulatory compliance and energy transition strategies.
Consulting services support utilities and energy companies across areas including project feasibility, grid integration, digitalisation, sustainability, asset performance, risk management and cost optimisation. Demand is also increasing as utilities adopt smart meters, sensors, automation and data analytics to improve monitoring, reliability and integration of variable renewable generation.
Renewable energy development remains a major growth driver. Companies signed contracts for 46 GW of solar and wind capacity globally in 2023, up 30 % from 2022. Smart grid deployment is also expanding, with 34.8 million smart and advanced meters installed in Great Britain by the end of 2023.
The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the energy and utilities consulting market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Key players in the market include Deloitte Touche Tohmatsu Limited, Accenture plc, PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, KPMG International Limited, WSP Global Inc., Capgemini SE, BDO International Limited, Tetra Tech Inc., Black & Veatch Holding Company, Burns & McDonnell Engineering Company Inc., and DNV AS, among others.
Source: EIN Presswire
