Market revenue in 2024 | USD 2,885.4 million |
Market revenue in 2030 | USD 5,603.7 million |
Growth rate | 11.6% (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 81.53% in 2024. 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.
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.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account