info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Industrial Control Systems Energy Power Market Size

ID: MRFR//1174-HCR | 115 Pages | Author: Chitranshi Jaiswal| August 2025

Market Size Snapshot

YearValue
2024USD 182.07 Billion
2032USD 256.2 Billion
CAGR (2024-2032)4.36 %

Note – Market size depicts the revenue generated over the financial year

The market for industrial automation systems in the energy and power sector is growing at a fast pace. The total market size for this market is projected to reach $182 billion in 2024 and $256 billion in 2032. This translates into a CAGR of 4.36% for the forecast period. This growth is primarily being driven by the rising demand for automation and greater operational efficiency in the energy production and distribution sectors. Also, the growing penetration of renewable energy sources is requiring advanced control systems to be able to manage complex energy grids. Also driving the growth of this market is the growing trend towards the integration of the Internet of Things and artificial intelligence in industrial automation systems. These technological advancements are enabling real-time monitoring and preventive maintenance, thereby reducing downtime and operating costs. The major players in this market are focusing on launching new products, entering into strategic alliances, and launching new services. For example, Schneider Electric has launched a number of solutions designed to optimize energy management and improve the efficiency and productivity of industrial processes.

home-ubuntu-www-mrf_ne_design-batch-3-cp-industrial-control-systems-in-energy-power-market size

Regional Market Size

Regional Deep Dive

Industrial automation is experiencing a major transformation in the Energy & Power market, driven by technological advancements, increasing demand for energy efficiency, and the transition to alternative energy sources. Each region has its own distinctive characteristics, influenced by local regulations, economic conditions, and the rate of technological change. North America is at the forefront of innovation and investment, Europe is focused on compliance and regulations, Asia-Pacific is rapidly industrializing, the Middle East and Africa are investing in energy and power projects, and Latin America is modernizing its energy system.

Europe

  • The European Union's Green Deal aims to make Europe the first climate-neutral continent by 2050, driving investments in smart energy systems and control technologies.
  • Regulatory changes, such as the EU's Energy Efficiency Directive, are pushing industries to adopt more efficient control systems, leading to increased demand for automation solutions.

Asia Pacific

  • China's commitment to achieving carbon neutrality by 2060 is spurring investments in advanced industrial control systems to enhance energy efficiency and integrate renewable sources.
  • Countries like India are implementing smart grid projects, supported by government initiatives, to modernize their energy infrastructure and improve reliability.

Latin America

  • Brazil is enhancing its energy security through the modernization of its power grid, which includes the deployment of advanced industrial control systems.
  • Regulatory frameworks in countries like Chile are encouraging the adoption of renewable energy sources, driving demand for sophisticated control technologies.

North America

  • The U.S. Department of Energy has launched initiatives to enhance cybersecurity in industrial control systems, emphasizing the importance of protecting critical infrastructure from cyber threats.
  • Companies like Siemens and Honeywell are investing heavily in smart grid technologies, which integrate advanced control systems to optimize energy distribution and consumption.

Middle East And Africa

  • The UAE's Energy Strategy 2050 aims to increase the contribution of clean energy in the total energy mix, leading to investments in modern control systems for energy management.
  • Saudi Arabia's Vision 2030 includes significant investments in renewable energy projects, which will require advanced industrial control systems for efficient operation.

Did You Know?

“Approximately 70% of the world's electricity is generated using industrial control systems, highlighting their critical role in energy management.” — International Energy Agency (IEA)

Segmental Market Size

Industrial Controls Systems (ICS) is an important segment of the Energy & Power market, and it plays a crucial role in enhancing the efficiency and safety of the energy sectors. The current growth in this segment is driven by the rising demand for automation and real-time monitoring of energy production and distribution. The need for improved energy management and the need to adhere to stricter regulations in terms of safety and the environment are the major growth drivers. ICS solutions are in their deployment phase, and the leading players, such as Siemens and Schneider Electric, are implementing these solutions in smart grids projects in Europe and North America. The main applications of ICS solutions are power plant automation, grid automation, and integration of new energy sources. One example of an integration project is the integration of solar power into the existing grid. The macro-level trends of energy efficiency and government regulation of CO2 reduction are accelerating the growth in this segment, while IoT, machine learning, and big data are enabling more efficient and responsive energy systems.

Future Outlook

The industrial control systems market in the energy and power industry is expected to grow from $182.07 billion in 2024 to $256.20 billion in 2032, with a compound annual growth rate (CAGR) of 4.36%. This growth is driven by the increasing demand for automation and energy efficiency, resulting from the global shift towards the use of renewable energy and the need to maintain the reliability of the grid. The penetration of advanced ICS solutions is expected to rise, reaching more than 60% in key markets by 2032, as organizations seek to optimize operations and reduce costs. Artificial intelligence and machine learning will also be a major driver of growth. These innovations will enable predictive maintenance, enhance system resilience and improve decision-making. Also, government initiatives to promote sustainable energy and reduce carbon emissions will further increase the uptake of advanced control systems. Lastly, the growing focus on ICS security will shape the market as organizations seek to protect critical assets against evolving cyber-threats. In summary, the ICS market in the energy and power industry is undergoing strong growth, fuelled by technological innovation and a commitment to sustainable energy solutions.

Covered Aspects:
Report Attribute/Metric Details
Market Size Value In 2023 USD 173.4 Billion
Growth Rate 5.00% (2023-2032)
Leading companies partner with us for data-driven Insights
clients
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.