Dublin, Aug. 27, 2025 (GLOBE NEWSWIRE) -- The "Energy Management Systems Global Market Report 2025" has been added to ResearchAndMarkets.com's offering.
The global energy management systems market is on a dynamic growth trajectory, with expectations to expand from $57.53 billion in 2024 to $124.64 billion by 2029, registering a compound annual growth rate (CAGR) of 17.3%. This growth is fueled by renewable energy integration, resilience planning, and a robust focus on net-zero goals. Significant trends driving this market include blockchain for energy transactions, utilization of the Internet of Things (IoT), and enhanced energy analytics.
While an anticipated growth reduction of 0.3% reflects tariff impacts, the market shows resilience through rapid technological advancements and increasing adoption of smart grids and meters. Smart grids facilitate efficient electricity supply through advanced communication systems, while smart meters digitally record and transmit energy consumption data, proving instrumental in reducing consumer electricity costs. As of December 2022, the US saw 119 million smart meter installations, illustrating their crucial role in the energy management system landscape.
Renewable energy sources are inherently propelling the market forward. Notably, UK's Department for Energy Security and Net Zero reported a record high in renewable electricity generation, reaching 30.1 terawatt-hours in Q3 2023. Energy management systems enhance the integration of renewable sources into the grid, optimizing energy production and ensuring sustainability. These systems are vital for fostering a cost-effective and eco-conscious energy market.
Technological innovation remains a core trend, with companies developing advanced tools for automated power plant controls, improving real-time energy flow management, and predictive demand response. Noteworthy is GreenPowerMonitor's introduction of its innovative Energy Management System (EMS) in 2024, showcasing cutting-edge data monitoring and control capabilities.
The market landscape sees major players such as ABB Ltd. and Schneider Electric making strategic moves. ABB's release of the ABB Ability OPTIMAX in November 2022 aimed to reduce green hydrogen production costs, while Schneider Electric's acquisition of AutoGrid in 2022 bolsters its global presence and AI-driven energy management capabilities.
The competitive arena comprises industry giants such as Siemens AG, General Electric, Mitsubishi Electric Corporation, and others, all leveraging strategic innovations in software development to enhance energy optimization across various sectors including industrial, residential, and telecommunication industries.
Geographically, North America leads the current market, while Asia-Pacific is poised for the fastest growth. Key market insights are drawn from regions including Europe, South America, and Africa, covering countries like China, India, the US, and Germany. These regions are pivotal in driving future market dynamics, where domestic procurement and digital transformation are increasingly mitigating tariff impacts.
Report Scope
The report delves into market characteristics, size, and growth, alongside segmentation and regional analysis. It highlights competitive landscapes, market shares, trends, and strategic directions, tracing historic and forecasted market development by geography. It incorporates the impact of key factors like technological advancements, geopolitical tensions, and economic fluctuations.
- Markets Covered:
- Type: Home, Building, Industrial Energy Management Systems
- Component: Hardware, Software, Services
- Deployment: On-Premise, Cloud-Based
- End-User: Power & Energy, Telecom & IT, Manufacturing, Residential & Commercial, Food & Beverages, Other
- Subsegments:
- Home Systems: Smart Thermostats, Energy Monitoring Devices
- Building Systems: HVAC Controls, Energy Analytics Software
- Industrial Systems: Real-Time Monitoring, Predictive Maintenance
- Geographic Coverage: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The report spans five years of historical data and ten years of forecasts, supplemented by market size ratios, GDP proportions, and expenditure per capita. Data is segmented regionally and by country, encompassing competitor analysis and market share insights.
Companies Featured in the Report
- Siemens AG
- General Electric Company
- Hitachi Energy Ltd.
- Raytheon Technologies Corporation
- Panasonic Corp.
- IBM Corporation
- Cisco Systems Inc.
- Oracle Corporation
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Honeywell International Inc.
- SAP SE
- Broadcom Inc.
- Danaher Corp.
- ABB Ltd.
- Toshiba Corporation
- Daikin Industries Ltd.
- Johnson Controls International plc
- Eaton Corporation plc
- Carrier Corporation
- Trane Technologies plc
- Emerson Electric Co.
- Delta Electronics Inc.
- Rockwell Automation Inc.
- Lennox International Inc.
- Yokogawa Electric Corp.
- C3.ai Inc.
- Legrand S.A.
- Elster Group GmbH
- EnerNOC Inc.
For more information about this report visit https://www.researchandmarkets.com/r/qtl5t4
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