UK Energy Management Systems Market Size & Outlook

Industrial energy management system (iems) was the largest segment with a revenue share of 73.48% in 2023. Horizon Databook has segmented the UK 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.

One of the significant trends in the U.K. energy management system market is the increasing use of smart meters. The government has set a target for all households and small businesses in the U.K. to install smart meters by 2025. 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.

Another trend in the U.K. energy management system market is the increasing focus on energy efficiency in buildings. The government has introduced several initiatives and programs to improve the energy efficiency of buildings, including the Energy Performance of Buildings Directive (EPBD) and the Minimum Energy Efficiency Standards (MEES).

These programs provide funding and support for building owners to invest in energy-efficient technologies and solutions. Overall, the energy management system market in the U.K. is mature and highly competitive, focusing on sustainability, energy efficiency, and cost reduction.