Market revenue in 2024 | USD 3,485.2 million |
Market revenue in 2030 | USD 6,568.1 million |
Growth rate | 11% (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 |
Industrial energy management system (iems) was the largest segment with a revenue share of 81.69% in 2024. Horizon Databook has segmented the Germany 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.
A strong focus on innovation, research and development also characterizes the German energy management system market. Germany is a global leader in energy management systems and has been at the forefront of adopting and developing new technologies to improve energy efficiency and sustainability.
The country has set ambitious targets to reduce greenhouse gas emissions and transition to a more sustainable energy system, driving energy management systems adoption. The German government also provides significant funding and support for research and development in the energy sector.
For example, the Federal Ministry for Economic Affairs and Energy (BMW) provides funding for research projects focused on developing new energy technologies and improving energy efficiency. In addition, the German government has set ambitious targets for reducing greenhouse gas emissions and increasing the share of renewable energy sources in the country's energy mix, which has further spurred innovation and investment in the sector.
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