Global Energy Management Systems Market Size & Outlook
Global energy management systems market, 2018-2030 (US$M)
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Global energy management systems market highlights
- The global energy management systems market generated a revenue of USD 46,636.1 million in 2023 and is expected to reach USD 111,862.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.3% by 2030.
- In terms of segment, industrial energy management system (iems) accounted for a revenue of USD 34,742.5 million in 2023.
- Building energy management system (BEMS) is the most lucrative system type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 46,636.1 million |
| Market revenue in 2030 | USD 111,862.4 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Industrial energy management system (iems) |
| Fastest growing segment | Building energy management system (BEMS) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial energy management system (IEMS), Building energy management system (BEMS), Home energy management system (HEMS) |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global energy management systems market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 6,568.1 million by 2030.
Industrial energy management system (iems) was the largest segment with a revenue share of 74.5% in 2023. Horizon Databook has segmented the Global energy management systems market based on industrial energy management system (iems), building energy management system (bems), home energy management system (hems) covering the revenue growth of each sub-segment from 2018 to 2030.
Regional governments worldwide have passed several rules and regulations to lower energy use and raise energy conservation awareness. In applications including the industrial, commercial, and residential sectors, these rules and laws act as a driving factor for the EMS business.
Governments from several nations are attempting to decarbonize, which entails various procedures. At the national level, other policies are in place to restrict energy use and, therefore, carbon emissions from the use of power. Today, many companies use environmental sustainability to differentiate themselves from competitors, offering them a competitive edge and helping to develop a strong brand image. EMS solutions will help businesses in their attempts to conserve energy.
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Energy Management Systems Market Scope
Energy Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global energy management systems market size, by region, 2018-2030 (US$M)
Top 10 countries: Energy management systems market size, 2023 (US$M)
Global energy management systems market share, by system type, 2023 & 2030 (%, US$M)
Energy Management Systems Market: Opportunity Assessment By Country
Global energy management systems market, by region, 2023 (US$M)
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