Market revenue in 2024 | USD 2,751.5 million |
Market revenue in 2030 | USD 6,227.0 million |
Growth rate | 14.4% (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 85.36% in 2024. Horizon Databook has segmented the Japan 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.
Japan has a mature energy management system market and has been a leader in energy management technologies and solutions for many years. One of the significant trends in the Japanese energy management system market is the increasing use of smart meters. The government has set a target for all households in Japan to have smart meters installed by 2024.
The deployment of smart meters enables real-time communication between utilities and consumers, providing both parties with more accurate and detailed information about energy consumption. Many companies and organizations in Japan, such as Panasonic, have developed various energy management solutions for residential and commercial customers, including solar panels, energy storage systems, and home energy management systems.
For instance, the New Energy and Industrial Technology Development Organization (NEDO) is a public research and development organization in Japan. NEDO has been involved in various research and development projects focused on improving energy efficiency and sustainability, including developing new battery technologies, smart grid systems, and energy-efficient building materials.
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