Global AI in Energy Market was valued at USD 6.84 Billion in 2022 and is expected to grow by 29.88% from 2023 to 2029, reaching nearly USD 42.67 Billion
Global AI in Energy Market Report Scope and Research Methodology
Maximize Market Research Pvt. Ltd., a leading market research company headquartered in Pune, India, is pleased to announce the release of its latest market research report on the AI in Energy Market. This comprehensive report provides valuable insights into the current state and future prospects of the AI in Energy Market.
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The report provides insights into market segments, including Solutions and Services, and applications such as Robotics, Renewables Management, Demand Forecasting, Safety & Security & Infrastructure, and Others.
What are Global AI in Energy Market Dynamics?
AI is enabling the energy industry to become more adaptable and cost-effective in the adoption of renewable energy sources. It helps in optimizing grid operations, managing distributed energy assets, and forecasting renewable energy generation.
AI-powered solutions are helping energy companies detect equipment failures and maintenance needs before they result in costly downtime. This proactive approach is saving millions of dollars and improving the reliability of energy generation and consumption.
Autonomous robots equipped with AI are being deployed in hazardous power-related scenarios, reducing the risks to human workers. These robots can perform tasks such as monitoring high-voltage power cables and inspecting the seafloor for valuable materials.
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What is Global AI in Energy Market Regional Insight?
North America currently holds the largest market share, driven by technological advancements and digitalization in the energy sector. The Asia-Pacific region is expected to experience significant growth due to the rising demand for power and government support for renewable energy projects.
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What is Global AI in Energy Market Segmentation?
by Type
1.Solutions
2.Services
by Application
1.Robotics
2.Renewables Management
3.Demand Forecasting
4.Safety & Security & Infrastructure
5.Others
by End Use
1.Energy Generation
2.Energy Transmission
3.Energy Distribution
4.Utilities
5.Others
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Who are Global AI in Energy Market Key Players?
1.Siemens AG
2.Alpiq
3. SmartCloud Inc.
4. ABB
5. General Electric
6.Hazama Ando Corporation
7. ATOS SE
8. AppOrchid Inc.
9.Zen Robotics Ltd.
10. Origami Energy Ltd.
11. Flex Ltd.
12.Others
Table of content for the Global AI in Energy Market includes:
Key Offerings:
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