Market revenue in 2024 | USD 1,107.6 million |
Market revenue in 2030 | USD 2,497.9 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 84.17% in 2024. Horizon Databook has segmented the UAE 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.
primarily driven by the country’s strong focus on sustainability, energy efficiency, and renewable energy integration. As part of its Vision 2021 and the UAE Energy Strategy 2050, the UAE has set ambitious targets to diversify its energy mix, reduce carbon emissions, and increase the share of renewable energy, particularly solar power, in its energy generation.
This shift towards clean energy has created a significant demand for EMS solutions to optimize energy consumption, improve grid management, and ensure the smooth integration of renewable energy into the grid.
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