China Energy Management Systems Market Size & Outlook
Related Markets
China energy management systems market highlights
- The China energy management systems market generated a revenue of USD 5,344.6 million in 2024 and is expected to reach USD 11,014.8 million by 2030.
- The China market is expected to grow at a CAGR of 12.6% 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.
Energy management systems market data book summary
| Market revenue in 2024 | USD 5,344.6 million |
| Market revenue in 2030 | USD 11,014.8 million |
| Growth rate | 12.6% (CAGR from 2025 to 2030) |
| Largest segment | Industrial energy management system (iems) |
| Fastest growing segment | Building energy management system (BEMS) |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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, China accounted for 10.0% of the global energy management systems market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China energy management systems market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,135.0 million by 2030.
Industrial energy management system (iems) was the largest segment with a revenue share of 83.68% in 2024. Horizon Databook has segmented the China 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.
China is expected to hold a leading share of the Asia Pacific energy management systems market. The recent launch of a centralized AMI financing and procurement process is expected to fuel the consumption of smart electricity meters in the country over the coming years. China has been investing heavily in smart grid infrastructure and has set ambitious targets for deploying smart meters.
Launching a centralized AMI financing and procurement process in China is expected to accelerate the deployment of smart meters in the country. The new process aims to standardize the procurement of smart meters and encourage the adoption of advanced metering infrastructure (AMI) across China.
The adoption of smart meters in China is expected to improve energy efficiency, reduce energy consumption, and support the integration of renewable energy sources into the grid. Smart meters can also help utilities to reduce energy losses, improve billing accuracy, and enhance customer engagement by providing real time energy consumption data.
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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 |
China energy management systems market size, by system type, 2018-2030 (US$M)
China Energy Management Systems Market Outlook Share, 2024 & 2030 (US$M)
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