Saudi Arabia Energy Management Market to Grow at 11.67% CAGR During 2026-30

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Saudi Arabia Energy Management Market Overview, Trends, Size and Forecast: 2026-2030

The 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, cites MarkNtel Advisors in the recent research report. The market growth is driven by several growth factors, including growing support by the country’s government to encourage the energy-efficient alternatives, the rising adoption of sustainable options, such as green hydrogen, solar panels, etc., the incorporation of artificial intelligence in the energy management solutions, and many more.

One of the major growth factors is the growing development of smart infrastructure in Saudi Arabia, including smart homes, smart cities having high energy consumption, accelerating the market demand. For reference, projects like the NEOM, Qiddiya, Alnama Smart City, Oxagon, Trojena, etc., are supporting the growth & development of this market, as these are highly energy-intensive projects in Saudi Arabia. Also, the Saudi European Petrochemical Company (IBN ZAHR) allocated about USD50,000 for an EMS system, which annually saves around USD1 million in energy costs, thus increasing the market demand.

Additionally, the exponentially growing number of data centers in Saudi Arabia is contributing to the market growth, as it is increasing the demand for energy monitoring and management solutions. Moreover, the widespread adoption of sustainable energy sources includes the lined-up projects for solar power plants, green hydrogen production, etc., which are contributing to the potential market growth. Furthermore, the market landscape is changing due to the integration of technological advancements, such as artificial intelligence, in energy management solutions, which is increasing the efficiency and precision of such systems. However, the country lacks a skilled workforce, and high deployment costs of these systems are restraining market growth, further states the research report, “Saudi Arabia Energy Management Market Analysis, 2026.”

Saudi Arabia Energy Management Market Segmentation Insights:

Cloud-Based Deployment Attracting a Large Pool of End-Users

Based on the deployment type, the market is further segmented into on-premises and cloud-based. Out of these, the cloud-based deployment type holds the largest market share, more than 55%. The dominance is due to the high scalability, low latency, and high cost-effectiveness of cloud-based deployment, as compared to on-premises, which can be operated from remote areas and without requiring hardware or expensive infrastructure for operations. The rising expansion of data centers in the country is significantly supporting the market growth. For reference, as of 2025, more than 50 data centers, along with 12 colocation facilities suitable for cloud providers, are present in Saudi Arabia.

Additionally, Saudi Arabia received billions of dollars to develop a net-zero AI data center in Neom's Oxagon hub in Saudi Arabia, which further increases the demand for the deployment of cloud-based energy management solutions. Moreover, a university hospital in Saudi Arabia aims to install the Intesis AC Cloud Control gateways to manage air conditioning to reduce 20% costs, showing the rising demand for cloud-based energy management systems.

Industrial Energy Management Systems (IEMS) Hold the Largest Market Share

The industrial energy management systems (IEMS) are leading this market, holding around 80% market share. These are leading due to the utilization of high energy by the industrial sector, over other sectors in Saudi Arabia, increasing the demand for high-performing energy management systems for energy optimization. For reference, more than 46% of the total energy consumption in Saudi Arabia is dominated by the industrial sector, as per the SEEC. As of 2024, the petrochemical industry in Saudi Arabia has an annual production capacity of millions of tons. Similarly, the oil & gas refineries have a capacity to produce approximately millions of barrels per day.

Consequently, these energy management solutions are actively being adopted by the manufacturing facilities related to these industries in Saudi Arabia to increase energy optimization in their organizations. For reference, the Qassim Cement Company and the Sahara International Petrochemical Company (Sipchem) are currently implementing EMS under ISO 50001 standards, contributing to the dominance of industrial energy management systems in this expanding market.

Top Companies in the Saudi Arabia Energy Management Market

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading Saudi Arabia Energy Management Market companies, including 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, and Others are looking forward to increase their market size & share.

Key Questions Answered in the Research Report

1. What is the scope, size, value, and forecast of the Saudi Arabia Energy Management Market?
2. What is the volume and share of each segment in the Saudi Arabia Energy Management Market?
3. What are the key trends shaping the Saudi Arabia Energy Management Market from 2026 to 2030?
4. What growth factors and risks impact the Saudi Arabia Energy Management Market?
5. What are the main challenges faced by players in the Saudi Arabia Energy Management Market?
6. What are the top opportunities in the Saudi Arabia Energy Management Market?
7. What does competitive analysis reveal about the Saudi Arabia Energy Management Market landscape?
8. Who are the key players and companies leading the Saudi Arabia Energy Management Market?
9. What innovations are transforming the future dynamics of the Saudi Arabia Energy Management Market?
10. How are partnerships and collaborations driving the Saudi Arabia Energy Management Market growth?
11. How does the Saudi Arabia Energy Management Market differ based on geography and segments?