Energy Management System Market to Grow at a CAGR of 15.6% During 2025-2032; Growing Adoption of Smart Grids and Meters to Propel Market Expansion

The global energy management system market size was esteemed at USD 35.90 billion in 2024. The market is predicted to grow from USD 40.79 billion in 2025 to USD 112.32 billion by 2032, exhibiting a CAGR of 15.6% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Energy Management System Market Size, Share & Industry Analysis, By System Type (Home Energy Management System (HEMS), Building Energy Management System (BEMS), and Industrial Energy Management System (IEMS)), By End User (Residential/Smart homes and Commercial Building/Complex), By Application (Property Safety, Automation, Energy Distribution, Design, e-Mobility, and Others), By Industry (Oil and Gas, Manufacturing, Energy and Utilities, Automotive, Healthcare, and Others), and Regional Forecast, 2025 – 2032”.

Energy management systems (EMS) include various solutions that aid in optimizing energy consumption, reducing operational costs, and enhancing efficiency across different industries. It also helps firms to control, monitor, and automate the usage of energy in real-time, thus contributing to regulatory compliance and sustainability. Additionally, the growing focus on implementing smart grid technologies, energy efficiencies, and the demand for cost-effective EMS tends to drive market growth. A few key players operating in the market are Johnson Controls International, General Electric Company, Eaton Corporation, and others.

Introduction of Advanced Products by Key Players to Fuel Market Growth

In February 2025, a new SpaceLogic Touchscreen Room Controller was introduced by Schneider Electric. It is an advanced device that is used for building energy management and integrates modern technology with the spontaneous user interface. It aids in enhancing the room control and optimizes the energy efficiency.

Introduction of Smart Grids and Meters to Boost Market Growth

Smart grids integrate different advanced communication as well as electricity consumption networks which utilizes a two way communication and information. This aids in optimizing energy generation, transmission, and distribution. Additionally, smart meters are a prominent component of the smart grid that helps in data collection concerning the usage of energy. It also enables processing to enhance the load management, billings, and the demand response programs. This is driving the global energy management system market growth.

Conversely, the high cost concerned with software integration as well as post maintenance services is hindering market growth.

Top Players Emphasize Innovative Products to Strengthen Their Market Presence

The global market is characterized by a wide array of players operating across countries. Key players are dominating the market share majorly due to their strong global presence, and ongoing investments in innovations and new technologies and strong global presence.  

Notable Industry Development:

• In June 2024, Honeywell unveiled Connected Power, which is an advanced solution designed to manage, monitor, and automate power usage at the plug level in buildings. It also provides data about energy consumption and waste, thus enhancing efficiency across North America.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/industry-reports/energy-management-system-market-101167

List of Key Companies Profiled in the Report:

• IBM Corporation (U.S.)
• Honeywell International Inc. (U.S.)
• General Electric Company (U.S.)
• Schneider Electric SE (France)
• Eaton Corporation (Ireland)
• Siemens AG (Germany)
• ABB (Switzerland)
• Johnson Controls International PLC (U.S.)
• Emerson Electric Company (U.S.)
• Landis + GYR (Toshiba Corporation) (Switzerland)
• NEC Corporation (Japan)
• Hitachi Limited (Japan)
• Cisco Systems, Inc. (U.S.)
• Elster Group GmbH (Germany)
• AES Corporation (U.S.)
• C3.ai Inc. (U.S.)

Further Report Findings

• North America held the highest energy management system market share, majorly due to the presence of strict energy efficiency regulations, substantial investments in energy management advancements, and the growing adoption of smart grid infrastructure.
• Market growth in Asia Pacific is majorly due to growing urbanization, industrialization, and increasing investments of governments in smart grid infrastructure in India, China, and Japan.
• Stringent regulations regarding carbon emission reduction, growing adoption of energy efficiency solutions across commercial builds and industries in the region propel market expansion in Europe.
• In terms of application, the energy distribution segment led the market in 2024 due to the growing implementation of energy management solutions by industrial sectors due to its enhanced grid efficiency and reduced transmission losses.

Table of Segmentation