Market revenue in 2024 | USD 2,189.7 million |
Market revenue in 2030 | USD 4,639.4 million |
Growth rate | 13.2% (CAGR from 2025 to 2030) |
Largest segment | Industrial energy management system (iems) |
Fastest growing segment | Home energy management system (HEMS) |
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 |
Industrial energy management system (iems) was the largest segment with a revenue share of 84.11% in 2024. Horizon Databook has segmented the France 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.
One of the significant trends in the French energy management system market is the widespread adoption of smart meters. The government has set a target for all households in France to have smart meters installed by 2021. The deployment of smart meters enables real-time communication between utility companies and consumers, providing both parties with more accurate and detailed information about energy consumption.
Another trend in the French energy management system market is the increasing focus on energy efficiency in buildings. The government has introduced several initiatives and programs to improve the energy efficiency of buildings, including the Thermal Regulation 2012 (RT2012) and the Energy Transition Law.
These programs provide funding and support for building owners to invest in energy-efficient technologies and solutions. France's energy management system market is well-established and strongly focuses on sustainability and energy efficiency.
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