Thailand Energy Management System Market (2024-2030) | Forecast, Growth, Value, Trends, Companies, Share, Analysis, Revenue, Industry & Size

Market Forecast By Type (Solution, Services), By Solution (Energy Analytics and Optimization, Carbon Energy Management, Demand Response Management, Utility Billing and Customer Information System), By Application (Residential, Commercial, Industrial) And Competitive Landscape

Product Code: ETC4522826 Publication Date: Jul 2023 Updated Date: Jan 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 67 No. of Figures: 17 No. of Tables: 5

Topics Covered in Thailand Energy Management System Market Report

Thailand Energy Management System Market Report thoroughly covers the market by type, solution and application. Thailand Energy Management System Market Outlook report provides an unbiased and detailed analysis of the ongoing Thailand Energy Management System Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Thailand Energy Management System Market Synopsis

Thailand's Energy Management System (EMS) market has experienced strong growth in recent years, driven by rising energy demand, supportive government policies, industrial expansion, and a growing focus on sustainability. The average electricity price in Thailand rose from 113.39 USD/MWh in 2022 to 128.82 USD/MWh in 2023, pushing businesses, industries, and households to adopt EMS solutions to optimize energy usage and reduce costs.

Thailand Energy Management System Market Overview

According to 6Wresearch, Thailand Energy Management System Market revenues is projected to grow at a CAGR of 9.8% respectively during 2024-30F. The Energy Management System (EMS) market is poised for substantial growth, driven by the industrial sector's 4.27% QoQ expansion in Q4 2023, contributing 29% to Thailand's GDP. EMS solutions provide real-time monitoring and automation, enabling industries to reduce energy waste and improve efficiency. Government initiatives like the Energy Efficiency Plan (2015-2036), targeting a 30% reduction in energy intensity by 2036, and the Energy Conservation Promotion Act, are accelerating green energy adoption. Additionally, rising investments in new commercial buildings, including offices and hotels, are boosting EMS demand. Regulations such as Ministerial Regulation B.E. 2563, mandating energy-efficient designs for buildings over 2,000 square meters, drive adoption in upcoming hospitality projects by 2025-2027. Compliance with green certifications like LEED and TREES further supports improved indoor environments, enhancing energy optimization and guest satisfaction.

Thailand Energy Management System Market Segmentation

Market Segmentation By Type

In 2030, the Solution segment is expected to retain the highest revenue share in Thailand's Energy Management System (EMS) market. This is driven by the growing demand for integrated solutions combining software, hardware, and IoT, offering end-to-end capabilities from real-time monitoring to data analytics and optimization. As businesses prioritize operational efficiency and sustainability, comprehensive EMS solutions that optimize energy use across sectors are becoming essential.

Market Segmentation By Solution

The Energy Analytics and Optimization segment is expected to lead Thailand’s EMS market by 2030, driven by the increasing demand for data-driven insights, regulatory compliance, and cost efficiency. The integration of renewable energy, advancements in AI and machine learning, and the growing emphasis on ESG would accelerate this segment’s growth.

Market Segmentation By Application

While the Industrial sector would maintain its dominance in Thailand’s EMS market by revenue share, the Commercial sector is projected to experience faster growth by 2030. The industrial sector is focused on reducing carbon emissions by 7.2 million tonnes annually, while the commercial sector is witnessing increased demand for EMS solutions, driven by advancements in smart HVAC systems, lighting controls, and occupancy sensors, which optimize energy use and enhance operational efficiency.

Thailand Energy Management System Market Opportunity Assessment

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Thailand Energy Management System Market Overview
  • Thailand Energy Management System Market Outlook
  • Thailand Energy Management System Market Forecast
  • Industry Life Cycle
  • Porter’s Five Forces Analysis
  • Historical Data and Forecast of Thailand Energy Management System Market Revenues for the Period 2020-2030F
  • Historical Data and Forecast of Thailand Energy Management System Market Revenues, By Type, for the Period 2020-2030F
  • Historical Data and Forecast of Thailand Energy Management System Market Revenues, By Solution, for the Period 2020-2030F
  • Historical Data and Forecast of Thailand Energy Management System Market Revenues, By Application, for the Period 2020-2030F
  • Market Drivers and Restraints
  • Market Evolution & Trends
  • Market Opportunity Assessment
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • Solution
  • Services

By Solution

  • Energy Analytics and Optimization
  • Carbon Energy Management
  • Demand Response Management
  • Utility Billing and Customer Information System

By Application

  • Residential
  • Commercial
  • Industrial
Thailand Energy Management System Market (2024-2030) : FAQs
Thailand Energy Management System Market revenues is projected to grow at a CAGR of 9.8% respectively during 2024-30F.
Thailand’s energy management system is driven by initiatives such as Energy Efficiency Plan, National Energy Program 2024, and DEDE’s energy-saving program, alongside advanced carbon energy management systems for emissions monitoring and demand response grid reliability, driving progress toward carbon neutrality by 2050
High upfront costs are a significant barrier to EMS adoption in Thailand, as SMEs often face financial constraints that limit their ability to access and implement energy management systems.
Thailand Energy Management System Market Report thoroughly covers the market by type, solution and application.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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. Thailand Energy Management System Market Overview 
3.1. Thailand Energy Management System Market Revenues (2020-2030F)
3.2. Thailand Energy Management System Market Industry Life Cycle
3.3. Thailand Energy Management System Market Porter’s Five Forces Model
4. Thailand Energy Management System Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Thailand Energy Management System Market Evolution & Trends
6. Thailand Energy Management System Market Overview, By Type
6.1. Thailand Energy Management System Market Revenue Share and Revenues, By Type (2023 & 2030F) 
6.1.1. Thailand Energy Management System Market Revenues, By Solution (2020-2030F)
6.1.2. Thailand Energy Management System Market Revenues, By Services (2020-2030F)
7. Thailand Energy Management System Market Overview, By Solution
7.1. Thailand Energy Management System Market Revenue Share and Revenues, By Solution (2023 & 2030F) 
7.1.1. Thailand Energy Management System Market Revenues, By Energy Analytics and Optimization (2020-2030F)
7.1.2. Thailand Energy Management System Market Revenues, By Carbon Energy Management (2020-2030F)
7.1.3. Thailand Energy Management System Market Revenues, By Demand Response Management (2020-2030F)
7.1.4. Thailand Energy Management System Market Revenues, By Utility Billing and Customer Information System (2020-2030F)
8. Thailand Energy Management System Market Overview, By Application
8.1. Thailand Energy Management System Market Revenue Share and Revenues, By Application (2023 & 2030F) 
8.1.1. Thailand Energy Management System Market Revenues, By Industrial (2020-2030F)
8.1.2. Thailand Energy Management System Market Revenues, By Commercial (2020-2030F)
8.1.3. Thailand Energy Management System Market Revenues, By Residential (2020-2030F)
9. Thailand Energy Management System Market Key Performance Indicators
10. Thailand Energy Management System Market Opportunity Assessment
10.1. Thailand Energy Management System Market Opportunity Assessment, By Type (2030F)
10.2. Thailand Energy Management System Market Opportunity Assessment, By Solution (2030F)
10.3. Thailand Energy Management System Market Opportunity Assessment, By Application (2030F)
11. Thailand Energy Management System Market Competitive Landscape
11.1. Thailand Energy Management System Market Revenue Share, By Top 3 Companies (2023)
11.2. Thailand Energy Management System Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
12.1 Schneider Electric SE
12.2 Siemens AG
12.3 Honeywell Systems (Thailand) Ltd.
12.4 ABB Ltd
12.5 Johnson Controls International
12.6 Rockwell Automation
12.7 Ecoxplore Technologies Co., Ltd.
12.8 Delta Electronics (Thailand) PCL.
12.9 Greenergy Engineering
12.10 Banpu NEXT Co., Ltd.
13. Key Strategic Recommendations
14. Disclaimer
List of figures
1. Thailand Energy Management System Market Revenues, 2020-2030F ($ Million)
2. Thailand Electricity Price Per Unit (Baht), 2023-2025F
3. Thailand Electricity Consumption, 2021-2025F (TWh)
4. Thailand Highly Skilled Professionals, 2023
5. Thailand Energy Management System Market Revenue Share, By Type, 2023 & 2030F
6. Thailand Energy Management System Market Revenue Share, By Solution, 2023 & 2030F
7. Thailand Energy Management System Market Revenue Share, By Application, 2023 & 2030F
8. Thailand Industrial Production Index and Capacity Utilization Rate (%), Jan-23 to June-23
9. Thailand Manufacturing Production Index (%YoY), Nov-22 to Apr-23
10. Thailand Electrical Appliance Manufacturing Production Index, 2020 - 2023
11. Thailand Office Occupancy Rate by Location, as of Q4 2023
12. New Office Supply In Bangkok for 2020, 2023 & 2024E, Thousand sqm
13. Thailand Hotel Occupancy Rate, May 2023-April 2024
14. Thailand Energy Management System Market Opportunity Assessment, By Type, 2030F
15. Thailand Energy Management System Market Opportunity Assessment, By Solution, 2030F
16. Thailand Energy Management System Market Opportunity Assessment, By Application, 2030F
17. Thailand Energy Management System Market Revenue Share, By Companies, 2023
List of Table
1. Thailand Energy Management System Market Revenues, By Type, 2020-2030F ($ Million)
2. Thailand Energy Management System Market Revenues, By Solution, 2020-2030F ($ Million)
3. Thailand Energy Management System Market Revenues, By Application, 2020-2030F ($ Million)
4. Upcoming Office Projects in Thailand
5. Thailand Upcoming Hotel Projects, 2024-2027
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