AEN-2016-Market-Report

Navigant Research forecasts the global IEMS market will grow from $13.5 billion in 2015 to $35.6 billion in 2024,
increasing at an 11.4% CAGR.
In North America, regulatory drivers are expected to have a less direct impact on the market. That said, the
mid- and long-term impacts of EPA’s Clean Power Plan could accelerate interest and financial support of
energy efficiency investment in the U.S. industrial segment. IEMS vendors can take advantage of this growing
opportunity to engage customers with software and services to meet their energy management objectives. The
North American market is expected to grow at a 10.9% CAGR through 2024.
Meanwhile, the European Union (EU) will continue to pressure industrial customers to improve energy efficiency
and reduce greenhouse gas emissions under the regulatory framework of the EU Emissions Trading Scheme
(ETS) and Energy Efficiency Directive (EED). Corporate commitments to sustainability and climate change
mitigation are also expected to bolster opportunities for IEMS vendors in the region. Navigant Research
forecasts an 11.5% CAGR for the region through 2024.
But the fastest growing market will be Asia-Pacific, projected to grow at a 13.4% CAGR during this time.
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