Asia Pacific Energy Management Systems Market Size & Outlook
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Asia Pacific energy management systems market highlights
- The Asia Pacific energy management systems market generated a revenue of USD 14,023.3 million in 2024.
- The market is expected to grow at a CAGR of 14.9% from 2025 to 2030.
- In terms of segment, industrial energy management system (iems) was the largest revenue generating system type in 2024.
- Building energy management system (BEMS) is the most lucrative system type segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 14,023.3 million |
| Market revenue in 2030 | USD 32,552.0 million |
| Growth rate | 14.9% (CAGR from 2025 to 2030) |
| Largest segment | Industrial energy management system (iems) |
| Fastest growing segment | Building energy management system (BEMS) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Industrial energy management system (IEMS), Building energy management system (BEMS), Home energy management system (HEMS) |
| Key market players worldwide | Schneider Electric SE, Honeywell International Inc, Siemens AG, Johnson Controls International PLC, C3.ai Inc Ordinary Shares - Class A, GE Aerospace, ABB Ltd, International Business Machines Corp, Cisco Systems Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.3% of the global energy management systems market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 32,552.0 million by 2030.
Industrial energy management system (iems) was the largest segment with a revenue share of 85.47% in 2024. Horizon Databook has segmented the Asia Pacific 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.
Rapid demographic changes, increasing urban population, and rapid growth in industrial activities create high growth virtues for the consumption of energy management systems over the forecast period. Energy efficient systems, such as Building Energy Management Systems (BEMS), are witnessing large-scale installation across commercial spaces, including office spaces, educational institutes, and malls in Asia Pacific.
Investments in improving the energy efficiency of buildings will augment real-time energy management using innovative technologies, facilitating, and promoting energy demand management using IoT-based technology.
The regional market for applications in the energy and power sector is expected to expand at a robust growth rate as energy management systems are getting heavily deployed to comply with the increasing need to monitor electric units. Energy management systems can specify the health of the energy grid network and provide end-users with information regarding the level of required maintenance.
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Energy Management Systems Market Scope
Energy Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| C3.ai Inc Ordinary Shares - Class A | View profile | 914 | 1400 Seaport Boulevard, Redwood City, CA, United States, 94063 | https://www.c3.ai |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
Asia Pacific energy management systems market size, by country, 2018-2030 (US$M)
Asia Pacific Energy Management Systems Market Outlook Share, 2024 & 2030 (US$M)
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