Global Smart Energy Management Market

Smart Energy Management Market Size, Share, Growth Analysis, By Energy Source(Renewable and Non-Renewable), By Offering(Solution, Software, and Consulting & Services), By Function(Grid Operation, Renewable Energy Management, Energy Storage, Grid Security/Cybersecurity), By End User(Energy Utilities Providers and Consumers), By Region - Industry Forecast 2025-2032

Report ID: SQMIG45A2052 | Region: Global | Published Date: April, 2024
Pages: 197 | Tables: 59 | Figures: 75

Smart Energy Management Market Competitive Landscape

The Global Smart Energy Management Market is highly fragmented with the presence of several small and large market players operating all over the world. Major companies of the market are implementing several business strategies such as new product launches, acquisition & mergers, collaboration, and partnerships for the expansion of their geographical presence and their product portfolio.

Smart Energy Management Market Top Players Company Profiles 

  • Siemens AG
  • Honeywell International Inc.
  • Schneider Electric SE
  • General Electric Company
  • ABB Ltd.
  • Cisco Systems Inc.
  • IBM Corporation
  • Eaton Corporation
  • Johnson Controls International plc
  • GridPoint, Inc.
  • Ecobee Inc.
  • Enernoc, Inc.
  • Honeywell International Inc.
  • Opower, Inc.
  • EnergyCAP, Inc.
  • Elster Group SE
  • Carrier Corporation
  • Siemens AG
  • BuildingIQ, Inc.
  • Siemens AG

Smart Energy Management Market

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Smart Energy Management Market size was valued at USD 31.02 Billion in 2023 and is poised to grow from USD 34.74 Billion in 2024 to USD 86.03 Billion by 2032, growing at a CAGR of 12% during the forecast period (2025-2032).

The Global Smart Energy Management Market is highly fragmented with the presence of several small and large market players operating all over the world. Major companies of the market are implementing several business strategies such as new product launches, acquisition & mergers, collaboration, and partnerships for the expansion of their geographical presence and their product portfolio. 'Siemens AG', 'Honeywell International Inc.', 'Schneider Electric SE', 'General Electric Company', 'ABB Ltd.', 'Cisco Systems Inc.', 'IBM Corporation', 'Eaton Corporation', 'Johnson Controls International plc', 'GridPoint, Inc.', 'Ecobee Inc.', 'Enernoc, Inc.', 'Honeywell International Inc.', 'Opower, Inc.', 'EnergyCAP, Inc.', 'Elster Group SE', 'Carrier Corporation', 'Siemens AG', 'BuildingIQ, Inc.', 'Siemens AG'

The rising use of petroleum products accounted for 70% of the increase in world energy production. Renewable energy sources accounted for around a fourth of the global increase in energy production. It is anticipated that the need for smart energy will increase with the electricity demand. This factor is predicted to contribute to an even more significant expansion of the smart energy sector.

The grid operation segment is expected to account for the largest share of the overall smart energy management market and is expected to grow at the highest CAGR during the forecast period. The growth of the segment is attributed to the supportive regulatory framework of governments worldwide to promote the deployment of smart grids and a strong focus on the modernization of aging grid infrastructure and an increasingly complex distribution environment.

North America is expected to account for the largest share of the global smart energy management market and is expected to grow at the highest CAGR during the forecast period. The US, Canada, and Mexico comprise the North American Smart Energy Market. Rising demand for cost-effective energy solutions in various domestic and commercial applications, such as washing, cleaning, and pool heating, is anticipated to fuel market growth. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Smart Energy Market
Buy Now GET FREE SAMPLE
Energy Management System Market
Buy Now GET FREE SAMPLE
Distributed Energy Resource Management System Market
Buy Now GET FREE SAMPLE
Smart Grid Market
Buy Now GET FREE SAMPLE
Smart Water Management Market
Buy Now GET FREE SAMPLE
Smart Electricity Meters Market
Buy Now GET FREE SAMPLE
Smart Mining Market
Buy Now GET FREE SAMPLE
Distributed Energy Generation Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Smart Energy Management Market

Report ID: SQMIG45A2052

$5,300
BUY NOW GET FREE SAMPLE