South Africa Energy Management Systems Market Size & Outlook
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South Africa energy management systems market highlights
- The South Africa energy management systems market generated a revenue of USD 632.6 million in 2024 and is expected to reach USD 1,472.1 million by 2030.
- The South Africa market is expected to grow at a CAGR of 15% from 2025 to 2030.
- In terms of segment, industrial energy management system (iems) was the largest revenue generating system type in 2024.
- Home energy management system (HEMS) 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 632.6 million |
| Market revenue in 2030 | USD 1,472.1 million |
| Growth rate | 15% (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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% 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 83.29% in 2024. Horizon Databook has segmented the South Africa 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.
South Africa is working to address significant energy challenges, including power shortages, an aging grid infrastructure, and the need to reduce carbon emissions. As the country aims to modernize its energy sector and enhance sustainability, EMS solutions are becoming increasingly essential to optimize energy consumption, improve grid stability, and integrate renewable energy sources into the national grid.
The growing adoption of renewable energy, particularly solar and wind power, is a major driver in the market. EMS technologies help manage the variability of renewable energy generation while ensuring efficient distribution and consumption.
Additionally, the South African government’s renewable energy initiatives and regulatory frameworks that encourage energy efficiency and carbon reduction are further fueling the demand for EMS solutions.
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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 |
South Africa energy management systems market size, by system type, 2018-2030 (US$M)
South Africa Energy Management Systems Market Outlook Share, 2024 & 2030 (US$M)
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