openPR Logo
Press release

AI in Energy Market is projected to grow at a CAGR of 29.88% from 2024 to 2030

AI in Energy Market

AI in Energy Market

The ๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 8.88 Billion in 2023 and is expected to grow by 29.88% from 2024 to 2030, reaching nearly USD 55.38 Billion.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Artificial intelligence is increasingly integrated into the energy sector as companies embrace digital transformation and new IT advancements. AI plays a pivotal role in optimizing renewable energy operations, enhancing economic dispatch, and streamlining power generation processes. As the energy industry continues its shift toward cleaner and more sustainable sources, AI-driven solutions are proving essential for improving cost efficiency, reducing fuel consumption, and managing risks. This growing reliance on AI is supported by heightened investor interest in renewables and a global push for more sustainable energy systems, positioning AI as a core enabler of the sector's evolution.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/166396/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The energy sector's transition to renewable energy sources is a primary driver for the adoption of AI technologies. As wind and solar generation capacities expand, operators face complex challenges in balancing supply and demand, managing intermittent resources, and maintaining grid stability. AI-powered predictive analytics, load forecasting, and real-time optimization tools help energy providers address these challenges, ensuring that renewable energy integration is both efficient and reliable. Additionally, AI enables smarter energy storage management, improves asset performance, and reduces operational costs, making it a crucial component in achieving sustainability targets and meeting rising consumer expectations.

Another key driver is the growing regulatory and environmental pressures pushing companies to adopt cleaner energy solutions. Governments and industry bodies worldwide are implementing stricter emissions standards and incentivizing renewable energy investments. In this context, AI technologies serve as a vital tool for meeting compliance requirements, optimizing energy portfolios, and enhancing system resilience. Furthermore, advancements in AI algorithms, machine learning techniques, and cloud-based platforms have made AI solutions more accessible and cost-effective, encouraging a broader range of energy providers to integrate them into their operations.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ:

One of the most notable trends in the AI in energy market is the increasing use of AI for predictive maintenance and grid optimization. Energy companies are leveraging AI-driven insights to anticipate equipment failures, reduce downtime, and extend the lifespan of critical infrastructure. Another emerging trend is the integration of AI with IoT devices and edge computing, enabling more granular, real-time monitoring and control of energy assets. As AI capabilities continue to evolve, the industry is also exploring advanced applications such as autonomous microgrid management, peer-to-peer energy trading platforms, and AI-optimized energy storage solutions. These developments are transforming the energy landscape, driving efficiency, sustainability, and innovation at an unprecedented pace.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง?

The AI in Energy Market is projected to witness robust growth across its type segmentation, including machine learning, natural language processing (NLP), and computer vision. Machine learning, the dominant segment, is expected to grow substantially due to its ability to predict energy demand, optimize grid operations, and enhance renewable energy integration. NLP is gaining momentum as energy providers increasingly leverage AI-driven chatbots and virtual assistants to improve customer service and automate routine tasks. Meanwhile, computer vision is emerging as a critical tool for infrastructure monitoring, helping to identify maintenance needs, improve safety standards, and reduce operational costs. Together, these AI technologies are driving significant advancements in efficiency, reliability, and sustainability within the energy sector.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/166396/

๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's growing renewable energy sector provides a fertile ground for AI applications. Companies such as ๐…๐๐“ ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž and ๐•๐ข๐ง๐…๐š๐ฌ๐ญ are leveraging AI to streamline energy storage systems and optimize solar farm operations. With Vietnam's increasing investment in wind and solar infrastructure, AI-driven predictive maintenance and energy forecasting solutions are gaining traction, creating significant growth opportunities.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's push for a low-carbon economy is driving the adoption of AI in energy. ๐๐“๐“ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐๐‚๐๐† are at the forefront, implementing AI algorithms to improve energy efficiency and integrate renewable sources into the grid. The country's evolving energy policies and support for smart grid projects are further accelerating the deployment of AI technologies.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan continues to lead in technological innovation, with major energy firms such as ๐“๐จ๐ค๐ฒ๐จ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐จ๐ฐ๐ž๐ซ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ (๐“๐„๐๐‚๐Ž) and ๐Œ๐ข๐ญ๐ฌ๐ฎ๐›๐ข๐ฌ๐ก๐ข ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ integrating AI into their renewable energy systems. The growing focus on hydrogen energy and smart grid initiatives in Japan has fueled investments in AI solutions for grid optimization, demand forecasting, and energy storage management.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's AI in energy market is consolidating as leading companies such as ๐Š๐จ๐ซ๐ž๐š ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐จ๐ฐ๐ž๐ซ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง (๐Š๐„๐๐‚๐Ž) and ๐‹๐† ๐‚๐๐’ partner with global technology providers. These collaborations are aimed at deploying AI-driven solutions to enhance energy efficiency, improve grid reliability, and support the integration of large-scale renewable energy projects.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's advanced infrastructure and strong digital capabilities make it an ideal hub for AI-driven energy innovation. ๐’๐ ๐†๐ซ๐จ๐ฎ๐ฉ and ๐’๐ž๐ฆ๐›๐œ๐จ๐ซ๐ฉ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ are implementing AI technologies to optimize district cooling systems and renewable energy forecasting. The city-state's emphasis on smart energy management is driving continuous updates in AI applications, ensuring a dynamic and efficient energy sector.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US remains a dominant market for AI in energy, driven by robust investments from leading companies such as ๐ˆ๐๐Œ, ๐†๐จ๐จ๐ ๐ฅ๐ž, and ๐†๐„ ๐‘๐ž๐ง๐ž๐ฐ๐š๐›๐ฅ๐ž ๐„๐ง๐ž๐ซ๐ ๐ฒ. These firms are harnessing AI to optimize wind and solar farm performance, improve demand response, and enhance grid resilience. The federal government's support for renewable energy and digital transformation initiatives further strengthens the US market's leadership.

๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's commitment to achieving carbon neutrality by 2050 is spurring rapid growth in the AI in energy market. Key players such as ๐’๐ข๐ž๐ฆ๐ž๐ง๐ฌ ๐„๐ง๐ž๐ซ๐ ๐ฒ and ๐’๐œ๐ก๐ง๐ž๐ข๐๐ž๐ซ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ are pioneering AI-based solutions to manage renewable energy flows, enhance energy storage, and maintain grid stability. Europe's regulatory framework and focus on sustainable energy solutions are driving significant advancements in AI applications.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/166396/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/ai-in-energy-market/166396/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐€๐ˆ ๐ข๐ง ๐„๐ง๐ž๐ซ๐ ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Hydrochloric Acid Market https://www.maximizemarketresearch.com/market-report/global-hydrochloric-acid-market/66787/

โ™ฆ Mobile Security Market https://www.maximizemarketresearch.com/market-report/global-mobile-security-market/15333/

โ™ฆ Cloud Security Market https://www.maximizemarketresearch.com/market-report/global-cloud-security-market/18082/

โ™ฆ Silicon Carbide Market https://www.maximizemarketresearch.com/market-report/global-silicon-carbide-market/16023/

โ™ฆ Chlor-Alkali Market https://www.maximizemarketresearch.com/market-report/global-chlor-alkali-market/71008/

โ™ฆ Service Integration and Management Market https://www.maximizemarketresearch.com/market-report/global-service-integration-management-market/16990/

โ™ฆ Tower Crane Market https://www.maximizemarketresearch.com/market-report/global-tower-crane-market/27996/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AI in Energy Market is projected to grow at a CAGR of 29.88% from 2024 to 2030 here

News-ID: 3827733 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma โ€ฆ
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,โ€ฆ
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 โ€ฆ
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile materialโ€ฆ
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% โ€ฆ
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum ofโ€ฆ
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R โ€ฆ
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alikeโ€ฆ

All 5 Releases


More Releases for Energy

Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea โ€ฆ
Advance Market Analytics published a new research publication on "Green Renewable Energy Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Renewable Energy market was mainly driven by the increasing R&D spending across the world. Get inside Scoop of theโ€ฆ
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES โ€ฆ
The large-scale Business Energy Solution market report provides valuable insights for clients looking to forecast investments in emerging markets, expand market share, or launch new products. The report presents multifaceted Business Energy Solution market insights that are simplified using established tools and techniques, making it a credible marketing report. Data is presented in a clear and easy-to-understand manner, with graphs and charts to aid comprehension. The report employs integrated approachesโ€ฆ
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph โ€ฆ
A new business intelligence report released by AMA with title "Decentralized Energy Storage Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Decentralized Energy Storage Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statisticsโ€ฆ
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene โ€ฆ
Qurate Business Intelligenceโ€™s up-to-date research study on Waste-To-Energy Technologies was performed by highly qualified research professionals and industry experts. This is to provide an in-depth analysis on the Waste-To-Energy Technologies. The report is comprehensive and includes over 120 pages. The global energy market is witnessing a shift toward waste to energy technologies due to growing energy demands worldwide, the rapid depletion of conventional sources of energy, and concerns overโ€ฆ
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S โ€ฆ
Zion Market Research published a new 110+ pages industry research "Global Waste to Energy Market Set For Rapid Growth, To Reach Value Around USD 42.74 Billion By 2024" is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data onโ€ฆ
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi โ€ฆ
Looking at the current market trends as well as the promising demand status of the โ€œIn-Pipe Hydro Systems Marketโ€ it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assistingโ€ฆ