Market Forecast By Type (Home Energy Management Systems, Building Energy Management Systems, Industrial Energy Management Systems), By Component (Software, Hardware, Services), By Deployment (On-Premise, Cloud Based), By End user Industry (Power & Energy, Telecom & IT, Manufacturing, Residential & Commercial, Food & Beverages, Others) And Competitive Landscape
Product Code: ETC4522836 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Energy Management Systems Market |
Forecast period | 2025-2031 |
CAGR | 3.15% |
Growing Sector | Power & Energy |
Australia Energy Management Systems Market report thoroughly covers the market by type, component, deployment, End -user. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Energy Management Systems Market is expected to grow in the forecast period propelled by a profound recognition of energy conservation's significance, bolstered by robust government policies, and spearheaded by technological advancements. This market is steadily gravitating towards sophisticated, integrated solutions aimed at achieving the dual objectives of significant energy consumption reduction and the realization of environmental sustainability goals. The anticipated evolution towards this integrated approach is expected to spur continuous innovations and investments, underscoring the role of energy management as a foundational pillar for Australia's energy strategy
According to 6Wresearch, the Australia Energy Management Systems Market size is projected to grow at the CAGR of 3.15% during the forecast period of 2025-2031. The major driver for the growth of the market in Australia is the increasing adoption of renewable energy sources. The Australian government has set a target to this has led to a surge in demand for EMS to effectively manage and integrate these new sources into the grid. Additionally, rising electricity prices and stringent regulations on energy consumption have prompted businesses to invest in EMS to reduce their operational costs. Moreover, the increasing awareness about sustainability among consumers has also played a significant role in driving the demand for EMS. Consumers are now more conscious about environmental issues and are choosing products and services from companies that prioritize sustainable practices. This has led businesses to incorporate EMS into their operations as a means to showcase their commitment towards sustainability. There is also a growing trend towards corporate sustainability, with Australian companies increasingly focusing on reducing their carbon footprint. As EMS can help track and manage energy consumption, it has become an essential tool for businesses looking to meet their sustainability goals. Despite the numerous benefits of EMS, there are still challenges that organizations face when implementing these systems. The initial cost of investing in an EMS can be high for smaller businesses, making it difficult for them to adopt the technology. Additionally, there may be resistance from employees who are not used to monitoring and managing energy consumption. Another challenge is the lack of awareness and understanding of EMS among businesses. Many companies are not aware of the potential cost savings and environmental benefits that an EMS can provide.
In recent years, the government has actively introduced various policies and schemes aimed at promoting energy efficiency, and sustainability for Australia Energy Management Systems Market Growth. Notably, the Energy Efficiency Opportunities (EEO) program encourages large energy-using businesses to improve their energy efficiency, potentially reducing costs and carbon emissions. Additionally, the Renewable Energy Target (RET) scheme incentivizes the generation of electricity from renewable sources, thereby diversifying the energy mix and supporting the transition towards a low-carbon economy.
The Australia Energy Management Systems Industry is characterized by the presence of both global giants and emerging local players. Key companies such as Schneider Electric, Honeywell, Siemens, and ABB dominate due to their comprehensive energy management solutions that cater to various sectors including industrial, commercial, and residential. These players leverage cutting-edge technology, including AI and IoT, to offer predictive analysis, real-time monitoring, and automation capabilities, setting high industry standards for energy efficiency and sustainability.
The future trajectory of the Energy Management Systems market In Australia suggests an era of technological convergence and strategic collaborations. With the increasing interconnectivity of devices and proliferation of data, AI and machine learning technologies are expected to take center stage, enhancing predictive analytics and operational efficiency. This digital transformation will likely foster more personalized energy management solutions, tailored to the unique needs of different sectors. Additionally, the growing importance of sustainable practices may lead to the adoption of blockchain for enhanced transparency in energy transactions and to encourage the use of renewable sources. As Australia marches towards its sustainability and carbon neutrality goals, the Energy Management Systems market will be pivotal in harmonizing economic growth with environmental stewardship.
The industrial energy management system segment is expected to grow due to the increasing demand for reliable and uninterrupted power supply in various industries such as manufacturing, food & beverages, and others. With the rising adoption of renewable energy sources and the need for grid stabilization, there is a growing demand for energy storage systems in these industries. Additionally, advancements in technology have made it possible to integrate energy storage systems with building management systems, making it easier for industries to monitor and optimize their energy usage.
According to Dhaval, Research Manager, 6Wresearch, the power & energy sector is expected to experience significant growth in the Australia energy storage systems market. This can be attributed to the government's initiatives towards increasing the share of renewable energy sources in the country's overall electricity generation mix. The use of energy storage systems in this sector can help in managing the intermittency of renewable energy sources and ensuring a more stable and reliable grid.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Energy Management Systems Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Energy Management Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Energy Management Systems Market - Industry Life Cycle |
3.4 Australia Energy Management Systems Market - Porter's Five Forces |
3.5 Australia Energy Management Systems Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Energy Management Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Australia Energy Management Systems Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Australia Energy Management Systems Market Revenues & Volume Share, By End user Industry, 2021 & 2031F |
4 Australia Energy Management Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Energy Management Systems Market Trends |
6 Australia Energy Management Systems Market, By Types |
6.1 Australia Energy Management Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Energy Management Systems Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Energy Management Systems Market Revenues & Volume, By Home Energy Management Systems, 2021-2031F |
6.1.4 Australia Energy Management Systems Market Revenues & Volume, By Building Energy Management Systems, 2021-2031F |
6.1.5 Australia Energy Management Systems Market Revenues & Volume, By Industrial Energy Management Systems, 2021-2031F |
6.2 Australia Energy Management Systems Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Australia Energy Management Systems Market Revenues & Volume, By Software, 2021-2031F |
6.2.3 Australia Energy Management Systems Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.4 Australia Energy Management Systems Market Revenues & Volume, By Services, 2021-2031F |
6.3 Australia Energy Management Systems Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Australia Energy Management Systems Market Revenues & Volume, By On-Premise, 2021-2031F |
6.3.3 Australia Energy Management Systems Market Revenues & Volume, By Cloud Based, 2021-2031F |
6.4 Australia Energy Management Systems Market, By End user Industry |
6.4.1 Overview and Analysis |
6.4.2 Australia Energy Management Systems Market Revenues & Volume, By Power & Energy, 2021-2031F |
6.4.3 Australia Energy Management Systems Market Revenues & Volume, By Telecom & IT, 2021-2031F |
6.4.4 Australia Energy Management Systems Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Australia Energy Management Systems Market Revenues & Volume, By Residential & Commercial, 2021-2031F |
6.4.6 Australia Energy Management Systems Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.7 Australia Energy Management Systems Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Energy Management Systems Market Import-Export Trade Statistics |
7.1 Australia Energy Management Systems Market Export to Major Countries |
7.2 Australia Energy Management Systems Market Imports from Major Countries |
8 Australia Energy Management Systems Market Key Performance Indicators |
9 Australia Energy Management Systems Market - Opportunity Assessment |
9.1 Australia Energy Management Systems Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Energy Management Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Australia Energy Management Systems Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Australia Energy Management Systems Market Opportunity Assessment, By End user Industry, 2021 & 2031F |
10 Australia Energy Management Systems Market - Competitive Landscape |
10.1 Australia Energy Management Systems Market Revenue Share, By Companies, 2024 |
10.2 Australia Energy Management Systems Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |