What is the global market size of Energy Management System Market?

Global Energy Management System Market size was valued at USD 58.4 billion in 2021 and is poised to grow from USD 67.1 billion in 2022 to USD 161.9 billion by 2030, growing at a CAGR of 16.2% in the forecast period (2023-2030).

Energy Management System Market Size

Energy Management System Market Insights

The global energy management system market outlook is changing dramatically with the rising trends of energy usage around the world and the imperative for greater efficiency. According to ExxonMobil estimates, industrial-sector energy demand is forecast to rise to 123 quadrillion British thermal units by 2040, and the use of effective energy management solutions is of paramount value. The increasing economic activity around the world has pushed global international electricity grids to the breaking point, necessitating ever more sophisticated management techniques. This increasing demand for energy, coupled with growing environmental concerns, has pushed private industry and government alike toward an emphasis on energy efficiency market size initiatives in several sectors.

In addition, infrastructure modernization schemes are revolutionizing the global energy management system industry with huge investments in grid resilience and the use of smart technology.

For instance, CenterPoint Energy is developing a 160 MW/320 MWh Battery Energy Storage System (BESS) in Houston, SMT Houston IV. The facility will be ready by July 2025 and will improve the reliability and resiliency of the Texas grid through the provision of rapid-response power during peak demands and facilitating renewable resources integration.

What Technologies Are Powering Sustainable and Efficient Energy Management?

For energy management systems (EMS), innovation and convergence have also become determining factors. Monitoring and management of real-time power consumption have been totally revolutionized through the intersection of strong information infrastructures, two-way communication, and cutting-edge network connectivity. With these technologies, it is simpler to consolidate distributed energy supplies effectively, manage dynamic loads, and enhance predictive analytics.

For instance, in March 2025, Schneider Electric and Tata Power collaborated to launch SF6-free Ring Main Units in India through state-of-the-art RM AirSeT technology. Through the replacement of ecologically friendly gases with risky ones, this collaboration ensures sustainable and reliable power distribution, showcasing how technological convergence is driving more intelligent and sustainable energy management globally.

FAQs

Energy Management System Market size was valued at USD 46.93 Billion in 2023 and is poised to grow from USD 53.45 Billion in 2024 to USD 151.41 Billion by 2032, growing at a CAGR of 13.90% during the forecast period (2025-2032).

Startups and established players see EMS as a source of revenue and may place an emphasis on both organic and inorganic strategies, such as collaboration and mergers and acquisitions. In addition, if demand and supply, interest rates, inflation, and GDP fluctuate, microeconomic and macroeconomic factors could alter the global landscape. Opportunities in cloud solutions and smart energy management are likely to be capitalized on by major players. Of late, industry players could investigate potential open doors in lattice programming as energy organizations stress savvy meters to support productivity, readiness, and adaptability. 'ABB ', 'Schneider Electric ', 'Siemens ', 'General Electric Company ', 'Emerson Electric Co. ', 'Honeywell International Inc. ', 'Eaton ', 'Mitsubishi Electric Corporation ', 'IBM ', 'Hitachi Ltd ', 'Rockwell Automation, Inc. ', 'Yokogawa Electric Corporation ', 'Delta Electronics, Inc. ', 'Danfoss ', 'Verdigris Technologies, Inc. ', 'Panasonic Industry Co., Ltd. ', 'Wipro ', 'LG Electronics ', 'Johnson Controls Inc. ', 'Agregio Solutions '

Regional governments all over the world have enacted a number of regulations with the intention of lowering energy consumption and raising awareness of energy conservation. In application areas like the industrial, commercial, and residential sectors, these regulations and policies drive the EMS market. Decarbonization is a process that is being worked on by governments in a number of countries. Numerous nations have either established or have already implemented standards and norms regarding energy consumption and carbon footprint reduction. A standardized, international approach to best practices that can be utilized in all nations and industries has been developed through the creation of ISO 50001. It provides a framework for enhancing enterprises', industries', and the economy's capacity for energy management. At the national level, additional policies are also in place to cut down on energy use and, as a result, electricity consumption-related carbon emissions. Environmental sustainability is now a distinguishing factor for a number of businesses. This gives them a leg up on the competition and helps them build a good reputation for their brand. In their efforts to conserve energy, organizations will benefit from EMS solutions. Therefore, the energy management systems would be driven by such government policies and a shift toward combating climate change.

Environmental, economic, and social sustainability issues abound as a result of the anticipated global urbanization. As a result, the key mode of production for smart cities is a data-driven urban scenario, and urban processes and practices are becoming highly responsive to it. In light of the growing trend toward urbanization, this form is increasingly being used to address sustainability issues. Critical energy investment funds should be possible by introducing energy. The executives frameworks to assist with observing energy utilization. Additionally, it would assist in predicting the kind of energy-saving strategy that could be utilized in that circumstance.

North America accounted for the largest market share of over 35% in 2021. The U.S. also, Canada are scheduled to furnish income creating open doors with the flooding entrance of savvy matrices and infrastructural spending. In 2021, the IEA predicted that investments in electricity grids would rise by 10%, with the United States being one of the primary investors in infrastructure. Additionally, the region's significant uptake of smart energy demand has prompted stakeholders to contribute funds to EMS. IoT-based solutions are expected to be in high demand in the building, commercial, and residential sectors, among other prominent industries. An increase in the amount of energy used to heat and cool space is primarily to blame for the trajectory of the growth.