The AI in Energy Market size was valued at USD 5.27 Billion in 2021 and is expected to grow by 29.88% from 2022 to 2029, reaching nearly USD 42.67 Billion.
Market Overview
The new market intelligence report published by AI in Energy Market Maximize Market Research, indicates the lucrative growth for Automotive Interior Materials suppliers in the forecast period through 2029. The report consolidates a low down topographical assessment of enormous regions and countries. The serious scene is additionally inspected top to bottom to find out with regards to huge firms’ item and provincial development procedure, consolidation acquisitions, coordinated efforts, and affiliations. The Maximize Market Research, an automotive market research firm, has served more than 600 clients across the world since 2017.
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Market Scope
The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new market entrants. The research also provides current market trends and forecasts for the years 2022-2029. The report also identified key future trends that will influence demand throughout the projected period. The report includes a regional analysis of market dynamics, which assists readers in comparing past trends to current market scenarios, as well as the contributions of key players. The research uses analytical methodologies such as Porter’s five forces analysis and PESTLE of the AI in Energy market to provide insights into the market.
Segmentation
By Application, the AI in Energy Market is segmented into Robotics, Renewables Management, Demand Forecasting, Safety & Security & Infrastructure, and Others. The Demand Forecasting segment held the largest market share accounting in 2021. Compared to other technologies, artificial intelligence is particularly efficient in its origin. This is the reason artificial intelligence is being used to better this industry. Big data and artificial intelligence both aid in managing and estimating the demand for renewable energy. Thus, over the forecast period, this segment is expected to have a direct impact on the development of artificial intelligence (AI).
During the forecast period, the infrastructure segment is expected to grow at the fastest rate. The industry for renewable energy is seeing a rise in artificial intelligence (AI) because of rising government financing for infrastructure projects. The government is also making ongoing efforts to develop the infrastructure. This factor is accelerating the segment’s growth.
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Key Players
• Siemens AG
• Alpiq
• SmartCloud Inc.
• ABB
• General Electric
• Hazama Ando Corporation
• ATOS SE
• AppOrchid Inc.
• Zen Robotics Ltd.
• Origami Energy Ltd.
Regional Analysis
AI in Energy Region dominated the AI in Energy Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the AI in Energy Market growth in the region.
Global AI in Energy Market Regional Analysis Includes:
Key Questions answered in the AI in Energy Market Report are:
Key offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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