Energy Management Systems Market - Top Companies and Manufacturers

In the year 2024, the industry size of energy management systems is estimated at USD 48.89 Billion.

The energy management systems market size was valued at USD 43.6 Billion in 2023 and is set to cross USD 190.7 Billion by the end of 2036, registering more than 13.5% CAGR during the forecast period i.e., between 2024-2036. Increasing installation of smart meters, growing awareness related to smart buildings, and rising energy price volatility are the major factors driving the market growth.

North America industry is projected to be the largest with a share of about 33% by 2036, owing to drastically changing energy regulations and increasing investment in sustainable energy in the U.S.

Mitsubishi Electric Corporation, IBM Corporation, Cisco Systems, Inc., Honeywell International, Inc., General Electric Company, ABB Ltd, Siemens AG, Hitachi, Ltd., Emerson Electric Co, Eaton