Energy Management - Poland

Poland

Revenue in the Energy Management market is projected to reach €38.7m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 9.37%, resulting in a projected market volume of €60.6m by 2029.
In the Energy Management market, the number of active households is expected to amount to 2.7m users by 2029.
Household penetration will be 15.4% in 2024 and is expected to hit 19.4% by 2029.
The average revenue per installed Smart Home currently is expected to amount to €16.96.

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Energy Management market in Poland is experiencing significant growth and development due to various factors. Customer preferences are shifting towards more sustainable and efficient energy solutions, driving the demand for energy management systems.

Additionally, local special circumstances and underlying macroeconomic factors are also contributing to the market's growth. Customer preferences in Poland are increasingly focused on sustainability and energy efficiency. Consumers are becoming more aware of the environmental impact of their energy consumption and are seeking ways to reduce their carbon footprint.

This has led to a growing demand for energy management systems that can help optimize energy usage and reduce waste. Customers are also looking for solutions that can integrate renewable energy sources, such as solar or wind power, into their energy management systems. This shift in customer preferences is driving the adoption of energy management solutions in Poland.

Trends in the market show that energy management systems are becoming more advanced and sophisticated. Companies are developing innovative technologies that can monitor and control energy usage in real-time, allowing customers to make informed decisions about their energy consumption. These systems can also provide predictive analytics and recommendations for energy optimization, further improving efficiency and reducing costs.

The market is also witnessing a rise in the adoption of smart grid technologies, which enable better management and distribution of energy resources. These trends are driving the growth of the energy management market in Poland. Local special circumstances in Poland are also contributing to the development of the energy management market.

The country is heavily reliant on coal for its energy production, which has led to environmental concerns and the need for more sustainable energy solutions. The government has implemented policies and regulations to promote renewable energy sources and energy efficiency. This has created a favorable environment for the growth of the energy management market, as companies and consumers are incentivized to adopt energy management systems.

Underlying macroeconomic factors, such as economic growth and industrial development, are also driving the energy management market in Poland. As the economy grows, the demand for energy increases, leading to a greater need for efficient energy management. Industries are looking for ways to reduce their energy costs and improve their environmental performance, which has led to the adoption of energy management systems.

The government's focus on energy efficiency and sustainability also provides opportunities for companies in the energy management sector to expand their operations and reach. In conclusion, the Energy Management market in Poland is experiencing significant growth and development due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The shift towards sustainability and energy efficiency, along with advancements in technology, are driving the adoption of energy management systems.

The government's focus on renewable energy and energy efficiency further supports the growth of the market. As Poland continues to prioritize sustainable energy solutions, the energy management market is expected to continue its upward trajectory.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the sales of smart home products, excluding taxes.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on a specific rationale for each market category. As a basis for evaluating markets, we use the Statista Global Consumer Survey, market data from independent databases and third-party sources, and Statista interviews with market experts. In addition, we use relevant key market indicators and data from country-specific associations, such as household internet penetration and consumer spending for households. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting innovative products due to the non-linear growth of technology adoption. The main drivers are GDP/capita, level of digitization, and consumer attitudes toward smart home integration.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated once a year, in case market dynamics change we do more frequent updates.