AI in Environmental Protection Market Size, Share, Industry Report, Global Trends and Competitive Analysis

Advancement in the AI in environmental protection market could be one of the solutions to solve the major environmental concerns. The environmental concerns are increasing globally due to various reasons that include global warming, animal endangerment, carbon emissions, disease containment, air, and water pollution. These have led to a rise in the use of renewable sources of energy instead of conventional sources such as wind energy, solar energy, tidal power, biogas, and many others. AI in environmental protection can help in reducing these environmental issues. For instance, SAS has developed a computer vision technology named Footprint Identification Technology that is being used by WildTrack to identify, track and monitor the animals and protect them from threats.

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The application of AI in environment protection includes machine learning for protecting the oceans, monitoring shipping, ocean mining, fishing, coral bleaching or the outbreak of marine disease. For instance, the Nature Conservancy is collaborating with Microsoft on using AI for carbon storage, seafood harvesting, and conservation of marine life. Furthermore, the application of AI is increasing in agriculture for automated data collection, detection of crop diseases and optimizing agricultural inputs and returns based on demand and supply. AI in environmental protection market is segmented on the basis of deployment type and application around the globe. On the basis of deployment type, the market is sub-segmented into cloud and on-premises.

The AI techniques are quite beneficial for environmental analysis, as they are able to process a huge amount of data quickly so as to draw conclusions that may have not been possible by humans. For instance, in China, IBM’s Green Horizon project uses AI technology to forecast air pollution, track pollution sources and provide potential solutions to deal with it. WHO estimates that exposure to air pollution causes around 4.2 million mortalities across the globe each year. As per its further estimation, around 91% of the global population lives in places where the air quality is much more than the guidelines of WHO and this has led to be a concern for the communities around the globe. Moreover, AI-enabled environment protection system monitors and reduces the amount of energy consumption and water usage that helps in preserving resources.

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Further, on the basis of application, the AI in environmental protection market includes energy management, water management, carbon footprints management, waste management and others such as weather prediction and so on. Furthermore, the market is divided on the basis of regions, where North America has a significant share in the AI in environmental protection industry due to the widespread adoption of AI technologies and the presence of key AI technology providers in the region. Additionally, the Asia-Pacific region is expected to have a significant growth in the future due to the increasing use of AI to control air pollution, water pollution, and global warming.

Several companies offer AI solutions for environmental protection and for controlling global warming across the globe. Some of the key players include Google LLC, Stem Inc., Hazama Ando Corp., IBM Corp., Nnergix Environmental Protection SL, Verdigris Technologies, Inc., Siemens AG, Honeywell International Inc., Raycatch, Ltd., HST Solar, Upside Energy Ltd. and so on. The key players in AI in environmental protection market adopt various strategies for retaining their position in the market. These strategies include geographical expansion, collaborations and partnerships, new product or service launches, and mergers and acquisitions. For instance, in November 2018, AIcompany One Concern launched an AI-powered platform that allows companies to forecast levels of potential flooding up to five days in advance.

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Current Market Trends Covered in the Market Report:
• Growing implementation of renewable sources of energy
• The rising concern of global warming, air pollution, and water pollution
• Asia-Pacific region – significant growth in future in AI in the environmental protection market
• AI-guided autonomous vehicles (AVs) to control carbon emission
• AI-augmented agriculture for efficient utilization of resources

The Report Global AI in Environmental Protection Market Segmentation
By Deployment Type
• Cloud
• On-Premises
By Application
• Energy Management
• Water Management
• Carbon Footprints Management
• Waste Management
• Others (Weather Prediction)
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World

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OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provides a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.

Source: https://www.omrglobal.com/press-release/global-ai-in-environmental-protection-market/

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