AI in Energy Market By Component type (Solutions, Services), By Application (Robotics, Renewables Management, Demand Forecasting, Safety and Security, Infrastructure, Others), By End user (Energy Transmission, Energy Generation, Energy Distribution, Utilities), By Deployment Type (On-premise, Cloud): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global ai in energy market was valued at $4.0 billion in 2021, and is projected to reach $19.8 billion by 2031, growing at a CAGR of 17.4% from 2022 to 2031.
Artificial Intelligence is defined as the ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. The three fundamental AI concepts are machine learning, deep learning, and neural networks.
The artificial intelligence in energy market is segmented on the basis of component type, deployment type, application, end user, and region. On the basis of component type, it is bifurcated into solutions and services. By deployment type, the market is categorized into on-premise and cloud. On the basis of application, the market is classified into robotics, renewables management, demand forecasting, safety & security, infrastructure, and others. On the basis of end user, it is divided into energy transmission, energy generation, energy distribution, and utilities. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global artificial intelligence in energy market profiles leading players that include, ABB ltd., Accenture plc, Amazon Web Services Inc., Autogrid Systems, Inc., C3.ai, Centrica plc, Cisco Systems Inc., General Electric, HCL Technologies, Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Mitsubishi Electric and Schneider Electric, and Senseye. The global artificial intelligence in energy market report provides in-depth competitive analysis as well as profiles of these major players.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investments. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain intense competition in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ai in energy market analysis from 2021 to 2031 to identify the prevailing ai in energy market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the ai in energy market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global ai in energy market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component type
Solutions
Services
By Application
Robotics
Renewables Management
Demand Forecasting
Safety and Security
Infrastructure
Others
By End user
Energy Transmission
Energy Generation
Energy Distribution
Utilities
By Deployment Type
On-premise
Cloud
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
Italy
UK
Spain
France
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
Alpiq AG
SmartCloud Inc.
General Electric
Siemens AG
Hazama Ando Corporation
ATOS SE
AppOrchid Inc
Zen Robotics Ltd
Schneider Electric
ABB
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