Real-Time Industrial Classifications

UK Energy Management Industry

Discover the UK’s Energy Management industry and the companies developing networks, technology and software to manage energy use and consumption. View company data, industry trends, market size, financials, growth statistics and download our free sector report today.

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What is Energy Management?

Energy Management encompasses a wide range of different technology, networks and software that’s used to administrate energy use and consumption.

The UK’s Energy Management industry includes companies maintaining smart grids and producing smart meters as well as organisations monitoring energy consumption using AI and the Internet of Things (IoT).

Energy Management sector summary

Key information you should know about the Energy Management sector from our AI-driven platform of over 5 million companies:

Energy Management has turnover of £56.93bn, meaning it is our 22nd largest RTIC, and our 18th fastest growing sector.
The Energy Management sector has not received additional investor attention in recent years and the amount of venture capital funding is not increasing as fast as our other emerging economy sectors.
On average the roles advertised in this sector are 9.96% higher than the UK’s average salary.

7,162

COMPANIES CONSIDERED

£56,928,892,337

TOTAL TURNOVER

185,605

TOTAL EMPLOYEES

£16,900,000,000

TOTAL INVESTMENT FUNDING

£362,158,547

TOTAL INNOVATE UK GRANT FUNDING

6.6%

AVERAGE COMPANY GROWTH PER YEAR

Energy Management verticals

Our Energy Management RTIC is made up of 4 individual industry verticals, including verticals such as AI and IoT, Smart Grid, Smart Meter. You can find out more about the verticals by buying a report, visualising the sector on our platform, or by downloading the data.

Sector Code Description Records
RTIC0012 Energy Management 7248 companies
Companies creating infrastructural networks, technology and software and the provision of services to administrate energy use and consumption
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- Energy Management: AI and IoT
  Companies applying AI and/or IoT technology to monitor and manage energy consumption
  2452 companies
- Energy Management: Energy Management Systems
  Companies developing software products that aid with energy monitoring and management
  4863 companies
- Energy Management: Smart Grid
  Companies developing and maintaining smart grids
  1052 companies
- Energy Management: Smart Meter
  Companies developing smart meters technologies and infrastructures
  327 companies

Energy Management industry growth

We estimate that the UK Energy Management sector could be worth approximately £78.4bn by 2027, based on the compound annual growth rate (CAGR) of 6.6%. Below you can see the five year turnover forecast for the RTIC from 2023 to 2027.

Get your free Energy Management report

Dig deeper into the UK’s Energy Management Economy with our free 2023 RTIC report, which includes:

– Summary of RTIC data & industry performance
– Overview of key verticals
– Geographic analysis & breakdown
– Key insights & trends

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Real-Time Industrial Classifications (RTICs)

At The Data City we’re mapping the emerging economy through accurate and reliable real-time data. We’ve produced Real-Time Industrial Classifications (RTICs) for some of the UK’s fastest growing sectors, across over 350 industry verticals, including the Energy Management industry.

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