Cloud-based Industrial Energy Management System Market Size, Trends, Growth: Global Forecast 2025-2031 – openPR.com

Global Market Report: Cloud-based Industrial Energy Management Systems

Executive Summary

The global market for Cloud-based Industrial Energy Management Systems (IEMS) is on a significant growth trajectory, driven by the urgent need for industrial energy efficiency and alignment with global sustainability mandates. The market was valued at US$ 4,523 million in 2024 and is projected to reach US$ 8,740 million by 2031, expanding at a Compound Annual Growth Rate (CAGR) of 11.2% from 2025 to 2031. This expansion is intrinsically linked to the pursuit of the United Nations’ Sustainable Development Goals (SDGs), particularly those concerning energy, industry, and climate action.

Market Overview and Alignment with Sustainable Development Goals (SDGs)

The adoption of Cloud-based IEMS is a critical enabler for industries seeking to meet sustainability targets. These systems provide the data and analytics necessary to optimize energy consumption, reduce waste, and lower carbon footprints, directly contributing to several key SDGs.

• SDG 7 (Affordable and Clean Energy): By enhancing energy efficiency in industrial processes, IEMS directly supports Target 7.3, which aims to double the global rate of improvement in energy efficiency. These systems allow for precise monitoring and control, minimizing energy waste and promoting the sustainable use of resources.
• SDG 9 (Industry, Innovation, and Infrastructure): Cloud-based IEMS represents a significant technological innovation for industrial infrastructure. Its adoption facilitates the upgrade of industries to be more sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies, as outlined in Target 9.4.
• SDG 12 (Responsible Consumption and Production): The core function of an IEMS is to promote the efficient use of natural resources, a central theme of SDG 12. By providing actionable insights into energy usage, these systems empower companies to achieve sustainable management and reduce their material footprint.
• SDG 13 (Climate Action): A direct consequence of improved energy efficiency is the reduction of greenhouse gas emissions. The deployment of IEMS is a crucial strategy for industries to mitigate their climate impact, contributing to national and global efforts to combat climate change.

Market Projections and Financial Outlook

The market is forecast to experience robust growth, reflecting increasing regulatory pressures and corporate commitments to sustainability.

• 2024 Market Valuation: US$ 4,523 million
• 2031 Forecasted Market Size: US$ 8,740 million
• Forecast Period CAGR (2025-2031): 11.2%

Market Segmentation Analysis

By Type

The market is segmented based on the integration focus, which determines how the system interfaces with existing industrial infrastructure.

• OT Integration (Operational Technology)
• IT Integration (Information Technology)
• Other

By Application

The system’s application spans numerous energy-intensive industrial sectors, each seeking to enhance efficiency and meet sustainability goals.

• Electronics and Electricity
• Oil & Gas
• Mining
• Petrochemicals and Chemicals
• Food & Beverages
• Automotive
• Others

Competitive Landscape

The market features several key technology providers offering advanced solutions for industrial energy management. Leading companies include:

• ABB
• Siemens
• Schneider Electric
• Honeywell
• Rockwell Automation
• Emerson
• Yokogawa
• C3 AI
• Enel X
• Spacewell Energy (Dexma)
• EnergyCAP
• Wattics
• Mitsubishi Electric
• Hitachi

Regional Analysis

The market’s potential is analyzed across key global regions, each with distinct regulatory environments and industrial priorities influencing adoption rates.

1. North America
2. Europe
3. Asia Pacific
4. Latin America
5. Middle East & Africa

Conclusion

The Cloud-based Industrial Energy Management System market is positioned for substantial growth, fundamentally driven by the global imperative for sustainable industrial practices. Its expansion is not merely a technological trend but a vital component of the broader strategy to achieve the UN Sustainable Development Goals. As industries worldwide intensify their efforts to improve energy efficiency, reduce emissions, and operate responsibly, the demand for these advanced management systems will continue to accelerate, making them instrumental in building a more sustainable and resource-efficient industrial future.

Analysis of Sustainable Development Goals in the Article

1. Which SDGs are addressed or connected to the issues highlighted in the article?

• SDG 7: Affordable and Clean Energy

  The article focuses on “Industrial Energy Management Systems,” which are technologies designed to optimize energy consumption and improve efficiency in industrial settings. This directly supports the goal of ensuring access to affordable, reliable, sustainable, and modern energy for all, particularly by contributing to energy efficiency.

• SDG 9: Industry, Innovation, and Infrastructure

  The report discusses a specific technological innovation—a “Cloud-based Industrial Energy Management System”—that is applied to various industries like manufacturing, mining, and petrochemicals. This aligns with the goal of building resilient infrastructure, promoting inclusive and sustainable industrialization, and fostering innovation by encouraging the adoption of clean and environmentally sound technologies and industrial processes.

• SDG 12: Responsible Consumption and Production

  By enabling industries to monitor and manage their energy use more effectively, these systems promote the efficient use of natural resources (energy). This is a core component of achieving sustainable consumption and production patterns, as it helps decouple economic growth from resource use.

• SDG 13: Climate Action

  Improved energy efficiency in the industrial sector, a major consumer of energy, leads to a direct reduction in greenhouse gas emissions. The growth of the energy management system market, as detailed in the article, indicates a broader industrial effort to mitigate climate change, contributing to climate action.

2. What specific targets under those SDGs can be identified based on the article’s content?

1. Target 7.3: By 2030, double the global rate of improvement in energy efficiency.

   The entire premise of an “Industrial Energy Management System” is to enhance energy efficiency. The article’s projection of significant market growth (“a readjusted size of US$ 8740 million by 2031 with a CAGR of 11.2%”) suggests a widespread and accelerating adoption of technologies aimed directly at achieving this target.

2. Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes.

   A cloud-based energy management system is an example of an “environmentally sound technology” that increases “resource-use efficiency.” The article’s market segmentation by application (“Electronics and Electricity, Oil & Gas, Mining, Petrochemicals and Chemicals, Food & Beverages, Automotive”) shows that this technology is being used to retrofit a wide range of industries to make them more sustainable.

3. Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.

   Energy is a critical natural resource. The systems described in the article are tools for the sustainable management and efficient use of energy within industrial processes, directly contributing to this target.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

• Implied Indicator: Investment in energy efficiency technologies.

  The article provides clear financial data on the market size of these systems. The market value, which was “estimated to be worth US$ 4523 million in 2024 and is forecast to a readjusted size of US$ 8740 million by 2031,” can be used as a proxy indicator for the level of investment industries are making in energy efficiency. The compound annual growth rate (CAGR) of 11.2% quantifies the rate of this increasing investment.

• Implied Indicator: Adoption rate of sustainable industrial technologies.

  The “Market Segmentation” section, which lists various applications such as “Oil & Gas,” “Mining,” and “Automotive,” implies the rate and breadth of adoption of these energy-saving technologies across different industrial sectors. A growing market share in these sectors would indicate progress in retrofitting industries to become more sustainable (Target 9.4).

4. Summary Table of SDGs, Targets, and Indicators

Source: openpr.com