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.
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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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