Saudi Arabia Energy Management Systems Market Size & Outlook
Saudi Arabia energy management systems market, 2018-2030 (US$M)
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Saudi Arabia energy management systems market highlights
- The Saudi Arabia energy management systems market generated a revenue of USD 1,200.6 million in 2024 and is expected to reach USD 2,772.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.8% 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 1,200.6 million |
| Market revenue in 2030 | USD 2,772.0 million |
| Growth rate | 14.8% (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, Saudi Arabia accounted for 2.3% 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 Middle East & Africa, Saudi Arabia energy management systems market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,472.1 million by 2030.
Industrial energy management system (iems) was the largest segment with a revenue share of 83.94% in 2024. Horizon Databook has segmented the Saudi Arabia 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.
Saudi Arabia's Vision 2030 plan aims to reduce dependence on oil and gas, boost non-oil industries, and transition toward a more sustainable energy mix. This has spurred significant investments in renewable energy, particularly solar and wind power, driving the demand for advanced EMS solutions to integrate and manage these intermittent energy sources efficiently.
Additionally, Saudi Arabia is focusing on enhancing energy efficiency in its industrial and commercial sectors, where EMS solutions can significantly reduce energy consumption, lower operational costs, and support environmental goals.
The increasing adoption of smart grid technology and IoT-enabled devices further accelerates the EMS market's growth, enabling real-time energy monitoring, predictive maintenance, and optimization. The government's initiatives, such as the Saudi Green Initiative, which aims to reduce carbon emissions and increase the share of renewables in the energy mix, also provide substantial support for the EMS market.
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Energy Management Systems Market Scope
Energy Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia energy management systems market size, by system type, 2018-2030 (US$M)
Saudi Arabia Energy Management Systems Market Outlook Share, 2024 & 2030 (US$M)
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