Saudi Arabia Energy Management Market Outlook 2030: Leading Companies & Share Insights

Saudi Arabia Energy Management Market Size & Insights

According to MarkNtel Advisors study The future of Saudi Arabia Energy Management Market size is valued at around USD 298 million in 2025 and is expected to reach USD 578 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 11.67% during the forecast period, i.e., 2026-30. 

What are the Key Driver in the Saudi Arabia Energy Management Market?

Government Incentives for Energy Efficiency – The market growth is primarily driven by the rising support of the Saudi government through significant investments and implementation of various policies to promote energy efficiency in Saudi Arabia. For instance, the Ministry of Energy, the Saudi Energy Efficiency Center (SEEC) & TARSHID launched the Saudi Green Initiative (SGI) to increase energy efficiency in the electricity and water desalination projects, which is actively utilizing efficient energy management solutions, contributing to the market growth & expansion.

Additionally, as of 2024, the country’s government has installed about 10 million smart meters across the country to optimally utilize, monitor, and analyze the energy consumption. These smart meters are installed by Alfanar and the State Grid Corporation of China, invested by the Saudi government, and each has installed about 5 million smart meters in the country to give a cumulative quantity of 10 million smart meters. These factors are actively driving the growth of the Saudi Arabian Energy Management Industry.

What are the Key Segments in the Saudi Arabia Energy Management Market?

The Saudi Arabia Energy Management is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• By Product Type
  • Industrial Energy Management Systems (IEMS)- Market Size & Forecast 2020-2030, USD Million
  • Building Energy Management Systems (BEMS)- Market Size & Forecast 2020-2030, USD Million
  • Home Energy Management Systems (HEMS)- Market Size & Forecast 2020-2030, USD Million
• By Component
  • Hardware- Market Size & Forecast 2020-2030, USD Million
  • Software- Market Size & Forecast 2020-2030, USD Million
  • Services- Market Size & Forecast 2020-2030, USD Million
• By Deployment Type
  • On-premises- Market Size & Forecast 2020-2030, USD Million
  • Cloud-based- Market Size & Forecast 2020-2030, USD Million
• By Distribution Channel
  • Direct Sales- Market Size & Forecast 2020-2030, USD Million
  • Channel Partners/System Integrators- Market Size & Forecast 2020-2030, USD Million
  • Online Platforms- Market Size & Forecast 2020-2030, USD Million
• By End User
  • Manufacturing- Market Size & Forecast 2020-2030, USD Million
  • Power & Energy- Market Size & Forecast 2020-2030, USD Million
  • Commercial/Buildings- Market Size & Forecast 2020-2030, USD Million
  • Residential/Households- Market Size & Forecast 2020-2030, USD Million
  • IT & Telecom- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million

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How does geographical analysis highlight in the Saudi Arabia Energy Management market?

·       By Region

• • North
  • South
  • East
  • West
  • Central

Who are the Key Players in Saudi Arabia Energy Management Market?

·       ACWA Power

·       Schneider Electric SE

·       Honeywell International Inc.

·       Siemens AG

·       ABB Ltd.

·       Johnson Controls International PLC

·       Alfanar

·       BYD

·       Sungrow

·       Envision Energy

·       Cisco Systems, Inc.

·       IBM Corporation

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Saudi Arabia Energy Management Market News

2025: ABB Ltd. introduced the ABB Smart Energy Management System (EMS), a solution designed to optimize home energy use, reduce costs, and maximize efficiency.

2025: Schneider Electric SE introduced Lauritz Knudsen, a low-voltage electrical distribution and automation solution launched in Saudi Arabia. It ensures safe, efficient power distribution, real-time monitoring, and smart control of buildings, industries, and infrastructure.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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MarkNtel Advisors is a global research and advisory firm with expertise across the energy industry, covering renewable energy, oil & gas, energy storage, and power generation. We deliver data-backed insights that assist energy producers, utilities, and investors in navigating regulatory transitions and emerging technologies. With Consulting Services, we help clients interpret market intelligence and design actionable strategies that accelerate decarbonization, enhance energy resilience, and ensure sustainable growth across global markets.

MarkNtel Advisors is a globally recognized Industry Research Report Firm delivering in-depth insights across the energy sector, including renewable energy, oil & gas, energy storage, and power generation. As a trusted name in Market Research Reports, we provide Market Forecast assessments and Financial Services analytics that help clients understand policy shifts, technology transitions, and investment opportunities. Our data-backed Business Analysis and Export and Import Data insights empower energy producers, utilities, and investors to optimize operations and mitigate risk across diverse regions. Built on robust Syndicated Research Reports and tailored intelligence, our studies evaluate the market’s evolving dynamics at global, regional, and country levels. Through strategic Consulting Services, MarkNtel Advisors enables clients to translate research into actionable strategies that accelerate sustainable energy transformation.

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