Global Energy Management Systems Market Forecast 2035
According to the report, the global energy management systems market is likely to grow from USD 46.7 Billion in 2025 to USD 207.1 Billion in 2035 at a highest CAGR of 14.5% during the time period. The global energy management systems (EMS) market is undergoing tremendous growth, which is attributed to the fact that there is increased cost of energy, tightening of environmental policies and increased use of renewable energy sources. Companies and governments are concerned with minimizing carbon emissions and energy use, generating the demand of high-tech EMS solutions that will incorporate real-time monitoring and data analytics, as well as automation. The world is moving towards smarter cities and greener buildings, which is an additional boost toward growth because EMS is a key to streamlining the HVAC, lighting, and industrial systems to achieve efficiency. Moreover, the increased use of smart grids and demand response schemes are prompting utilities and industries to invest in EMS to ensure that their supply and demand is balanced so that wastage is reduced.
“Key Driver, Restraint, and Growth Opportunity Shaping the Global Energy Management Systems Market
The factors that are driving global energy management systems (EMS) market is the growing use of electric vehicles (EVs) and the subsequent strain on energy infrastructure. With the increasing need of EV charging, organizations are resorting to EMS solutions to control the amount of grid load, optimize the charging schedule, and minimize the energy cost during peak times, which encourages constant demand.
The inhibiting elements is that integration of EMS with existing energy infrastructure is very intricate in the developing world. A large number of industrial facilities and commercial buildings are functioning on old systems that cannot support the latest EMS platforms, and as a result, the process of customization is expensive and delays the implementation, which makes the adoption rates slow.
The artificial intelligence (AI) and predictive analytics are becoming increasingly integrated within the EMS platforms presents a strong opportunity. With the ability to predict energy consumption trends and equipment behavior more intelligently, AI-based EMS can achieve greater operational savings and innovation in new industries; it opens opportunities to service-based revenue models.
Expansion of Global Energy Management Systems Market
“Rising Smart Infrastructure, Sustainability Mandates, and Technological Innovation Drive Expansion of Global Energy Management Systems Market”
- The energy management systems (EMS) market is growing globally owing to the swift modernization and modernization of smart infrastructure in commercial and industrial facility. The International Energy Agency (IEA), has projected that the global energy demand will increase more than 25 per cent by the year 2040 compelling industries to implement EMS solutions that will eliminate inefficiencies. As an example, large production centers are implementing EMS to control dynamic energy streams to reduce the costs of work by at least 30 percent.
- The key driver of EMS growth is government-imposed sustainability requirements. Policies like the EU Energy efficiency directive and building efficiency policies by the U.S. Department of Energy have made the adoption of EMS a compliance requirement. Corporation is also taking more investments in the green certifications such as the LEED that demand systematic energy monitoring. These efforts are driving EMS investments in various industries, such as automotive, healthcare and retail.
- The technological innovation also drives growth in the market, and AI, cloud-based systems and IoT integration improve the performance of systems. Digital twins and smart meters, such as those, enable companies to anticipate the energy consumption and utilize demand response programs with great efficiency. The major vendors like Schneider Electric and Siemens are already introducing a new breed of EMS platforms that enable real-time analytics, making EMS a valuable and very essential driver of the digital energy transition.
Regional Analysis of Global Energy Management Systems Market
- North America has the greatest demand of energy management systems (EMS) because the region has well developed technological infrastructure, strict policy regulations and emphasis on the sustainability aspect. The U.S. and Canada have pioneered the use of smart grid systems, which have been encouraged by massive federal and state-level funding in energy efficiency initiatives. As an example, the U.S. Department of Energy provides billions of dollars in funding each year to clean energy projects, which pushes the utilities and industrial participants to turn to EMS to make the most of the energy. There are also leading solution providers (Honeywell, Johnson Controls and Emerson Electric) that enhance adoption, and corporations are focusing on EMS to achieve ambitious net-zero carbon targets.
- The EMS market in Asia Pacific is predicted to grow at the fastest rate due to high rates of industrialization and urbanization and the need to satisfy increasing energy demand by growing populations. China, India, and Japan are among the countries with significant investment in the smart city initiatives and renewable combination, which is opening a perspective of high-scale EMS implementation. As an illustration, the government of China has a program that is known as the Energy Efficiency Improvement Plan that promotes the integration of EMS with the IoT and AI technologies to enhance redundancy and sustainability in industries. Moreover, the manufacturing and trading industries in India and Southeast Asia, which are thriving, are implementing EMS to save on operation expenses and meet the requirements of energy conservation making the region the growth hub in the world.
Prominent players operating in the global energy management systems market are ABB Ltd., Cisco Systems, Inc., Delta Electronics, Inc., Eaton Corporation plc, Emerson Electric Co., Enablon (Wolters Kluwer), General Electric Company, Honeywell International Inc., IBM Corporation, Itron, Inc., Johnson Controls International plc, Mitsubishi Electric Corporation, Oracle Corporation, Rockwell Automation, Inc., Schneider Electric SE, Schneider Electric’s EcoStruxure, Siemens AG, TemisI Energia, Trane Technologies plc, Yokogawa Electric Corporation, and Other Key Players.
The global energy management systems market has been segmented as follows:
Global Energy Management Systems Market Analysis, by Component
- Hardware
- Sensors
- Smart Meters
- Controllers
- Others
- Software
- Data Analystics
- Visualization
- Energy Modeling
- Others
- Services
- Consulting
- Integartion
- Maintenance
- Others
Global Energy Management Systems Market Analysis, by System Type
- Building Energy Management Systems (BEMS)
- Industrial Energy Management Systems (IEMS)
- Home Energy Management Systems (HEMS)
- Utility Energy Management Systems (UEMS)
- Others
Global Energy Management Systems Market Analysis, by Deployment Mode
- On-Premise
- Cloud-Based
- Hybrid
Global Energy Management Systems Market Analysis, by Communication Technology
- Wired
- Ethernet
- Modbus
- BACnet
- Others
- Wireless
- Wi-Fi
- ZigBee
- Z-Wave
- LoRa
- Bluetooth
- Others
Global Energy Management Systems Market Analysis, by Control & Monitoring Device
- Smart Thermostats
- Load Control Switches
- In-House Displays (IHDs)
- Advanced Meters & Smart Plugs
- Others
Global Energy Management Systems Market Analysis, by Application
- Energy Generation Monitoring
- Energy Consumption Optimization
- Demand Response Management
- Utility Billing & Tariff Management
- Others
Global Energy Management Systems Market Analysis, by End Use Industry
- Residential
- Commercial (Offices, Retail, Hospitality)
- Industrial (Manufacturing, Oil & Gas, Chemicals)
- Public Sector & Government Buildings
- Healthcare & Educational Institutions
- Others
Global Energy Management Systems Market Analysis, by Region
- North America
- Europe
- Asia Pacific
- Middle East
- Africa
- South America
About Us
MarketGenics is a global market research and management consulting company empowering decision makers from startups, Fortune 500 companies, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
We serve clients on every aspect of strategy, including product development, application modeling, exploring new markets and tapping into niche growth opportunities.
Contact Us
USA Address:
800 N King Street Suite 304 #4208 Wilmington, DE 19801 United States.
+1(302)303-2617
info@marketgenics.co
India Address:
3rd floor, Indeco Equinox, Baner Road, Baner, Pune, Maharashtra 411045 India.
sales@marketgenics.co