Vietnam Energy Management Market Comprehensive Analysis and Forecast 2025 to 2030
Vietnam Energy Management Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020–23
Forecast Years: 2025-2030
The Vietnam
Energy Management Market size is valued at around USD 200 million in 2024 &
is projected to reach USD 320 million by 2030. The market is also estimated to
grow at a CAGR of around 10% during the forecast period, i.e., 2025-30. The Vietnam
Energy Management Market is going through significant growth due to
multiple drivers like technological advancements and, of course, increasing
healthcare needs. The increase in road accidents throughout the country creates
a greater demand for X-rays.
Markntel
Advisor’s Vietnam Energy Management
Market Insights report provides the current and forecast market analysis,
individual leading companies' market shares, challenges, Vietnam Energy
Management Market drivers, barriers, Vietnam Energy Management Market Trends,
and Key Players in Vietnam Energy Management Market.
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Vietnam Energy Management Market
Dynamics: 2025-2030
Vietnam Energy Management Market Driver:
Government’s Policy for Energy Efficiency – Vietnam’s economy is growing very fast
in Southeast Asia on account of rapid industrialization to develop its own
service and manufacturing capabilities. Additionally, the country's Foreign
Direct Investments (FDIs) are rapidly growing, which is further fueling such
developments. For instance, the average FDI each year, since 2019 in Vietnam
stands at around USD 21 billion according to Vietnam’s Ministry of Planning and
Investment. This rapid industrialization of the country has resulted in a huge
increase in the GDP per capita of electricity consumption in the country,
surpassing Indonesia and the Philippines. This has led the government of
Vietnam to pass the regulation National Energy Efficiency Programme. In compliance
with the latest guidelines for the period of 2019-2030, there is a target to
reduce the energy loss in the country below 6.5% and increase energy
consumption from 5% to 7%. The government has allocated USD 137.8 million for
this program.
Furthermore, the
global challenge of climate change has led the government to achieve its net
zero emission targets by 2050. These developments have been driving the demand
for energy management solutions and boosting the growth & expansion of the
Vietnam Energy Management Market.
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Vietnam Energy Management Market (2025-30):
Segmentation Outlook
The market
report has segmented the market into the following categories:
By Component
-Hardware
-Sensors -
Market Size & Forecast 2020-2030F, USD Million
-Controllers -
Market Size & Forecast 2020-2030F, USD Million
-Computer
Servers - Market Size & Forecast 2020-2030F, USD Million
-Display Devices
- Market Size & Forecast 2020-2030F, USD Million
-Others - Market
Size & Forecast 2020-2030F, USD Million
Software
-Supervisory
Control and Data Acquisition (SCADA) - Market Size & Forecast 2020-2030F,
USD Million
-Advanced
Distribution Management Solution (ADMS) - Market Size & Forecast
2020-2030F, USD Million
-Outage
Management System (OMS) - Market Size & Forecast 2020-2030F, USD Million
-Generation
Management System (GMS) - Market Size & Forecast 2020-2030F, USD Million
-Others - Market
Size & Forecast 2020-2030F, USD Million
-Service -
Market Size & Forecast 2020-2030F, USD Million
By Communication Technology
-Wired - Market
Size & Forecast 2020-2030F, USD Million
-Wireless -
Market Size & Forecast 2020-2030F, USD Million
By Offerings
-Industry/
Factory Energy Management Systems - Market Size & Forecast 2020-2030F, USD
Million
-Building Energy
Management Systems - Market Size & Forecast 2020-2030F, USD Million
-Others - Market
Size & Forecast 2020-2030F, USD Million
By End-User
-Corporates -
Market Size & Forecast 2020-2030F, USD Million
-Industries -
Market Size & Forecast 2020-2030F, USD Million
-Retail Malls -
Market Size & Forecast 2020-2030F, USD Million
-Residential
Units - Market Size & Forecast 2020-2030F, USD Million
-Government -
Market Size & Forecast 2020-2030F, USD Million
-Hospitality -
Market Size & Forecast 2020-2030F, USD Million
-Healthcare -
Market Size & Forecast 2020-2030F, USD Million
-Educational
Institutes - Market Size & Forecast 2020-2030F, USD Million
-Others - Market
Size & Forecast 2020-2030F, USD Million
By Region
-Northern -
Market Size & Forecast 2020-2030F, USD Million
-Central -
Market Size & Forecast 2020-2030F, USD Million
-Southern -
Market Size & Forecast 2020-2030F, USD Million.
Note - If there are any particular
details you need that are not currently included in the report, we will be
happy to provide them as part of our customization
services.
Top Companies Operating in the Vietnam
Energy Management Market:
ABB, Siemens,
Honeywell, Schneider Electric, Johnson Control, General Electric, 8Elements
Smart Energy, Yokogawa Vietnam Company Ltd., Green Yellow (Vietnam), Hitachi
Energy (Vietnam), and others..
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