Latest News- Energy Management Systems (EMS) Market: On-premises is expected to lead the Deployment segment during 2025-2029

The Energy Management Systems (EMS) Market is being driven by Growing demand for energy-efficient solutions in industries and households

The Energy Management Systems (EMS) Market is expected to grow at a CAGR of 15.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 51637.1 million. In the realm of Energy Management Systems (EMS), technological innovations have significantly transformed the landscape. The integration of Internet of Things (IoT) and Artificial Intelligence (AI) has enabled the creation of more sophisticated and accessible energy solutions for diverse industries and consumers. One such application is the development of smart buildings, where IoT sensors are utilized to monitor energy usage, lighting, and temperature, automatically adjusting these elements based on occupancy and time of day. This leads to reduced energy wastage and substantial savings on utility bills. Another area where AI and IoT have made a significant impact is in power grids. By leveraging real-time data analysis and predictive algorithms, these advanced systems optimize energy distribution, ensuring efficient power usage and minimizing energy losses. 

Get more information on Energy Management Systems (EMS) Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • On-premises
  • Cloud-based
• End-user
  • Manufacturing
  • Power and energy
  • Telecom and IT
  • Residential and commercial
  • Others
• Solution
  • Industrial energy management
  • Utility energy management
  • Building energy management
  • Enterprise carbon and energy management
  • Home energy management
• Component
  • Hardware
  • Software
  • Services
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing demand for energy-efficient solutions in industries and households
• Increasing concerns about greenhouse gas emissions and climate change
• Growing adoption of renewable energy sources

However, the market also witnesses some limitations, which are as follows:

• High initial costs for installation and implementation of energy management systems
• Lack of awareness regarding benefits of energy management systems among potential customers
• Limited availability of skilled professionals to operate and maintain energy management systems

Benefits of Buying Global Energy Management Systems (EMS) Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Energy Management Systems (EMS) Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Energy Management Systems (EMS) market encompasses solutions that address power factor correction, harmonics mitigation, and power quality improvement. It also includes systems for distributed generation, compliance with energy efficiency standards and building codes, as well as green building certification. Carbon offsetting, energy credits, emissions trading, and energy tax credits are financial incentives promoted in this market. Furthermore, EMS offers Energy-as-a-Service (EaaS), energy optimization software, energy analytics platforms, and smart building technologies. Network management, system integration, remote monitoring, predictive analytics, AI-powered optimization, and blockchain technology are advanced features enhancing the efficiency and effectiveness of EMS.

Market Research Overview

The Energy Management Systems (EMS) market encompasses smart grid technologies that enable electric utilities, comprising publicly owned, investor-owned, nationalized entities, and cooperatives, to optimize energy generation, transmission, and distribution. Renewable energy integration, demand response programs, power electronics, and power converters are pivotal components of this market. In the water utilities sector, the value chain includes infrastructure developers, service/technology providers, equipment manufacturers, quality testing organizations, and distribution to end-users. Both utilities sectors are capital-intensive industries, with domestic companies providing essential services such as water infrastructure, treatment, and distribution, as well as electricity generation and distribution.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/