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Artificial Intelligence (AI) in Energy And Power Global Market Report 2025: Envisioned Market Size, CAGR, Key Players, Trends, and Market Drivers
Artificial Intelligence AI in Energy And Power Market
What Is The Projected Market Size Of The Global Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 And Its Growth Rate?
•The AI in energy and power market was valued at $5.24 billion in 2024 and is expected to grow to $6.79 billion in 2025, implying a CAGR of 29.7%.
•The growth could be attributed to factors such as data availability and quality, regulatory support, cost reduction, increased connectivity, and rising demand for renewable energy.
•The market is projected to reach $17.03 billion by 2029, at a CAGR of 25.8%.
•Key factors contributing to this future growth include advanced analytics and predictive modeling, smart grid optimization, decentralized energy system, resilience planning, and global energy transition.
What Is Driving The Growth In The Artificial Intelligence (AI) in Energy And Power Global Market Report 2025?
Growing investments in energy sectors are significantly contributing to the growth of the AI in energy and power market. The allocation of resources, particularly money, is expected to generate a return or profit over time. Industries such as energy and power are employing AI for improved decision-making, optimised operations, enhanced energy management, and improved services. As per reports from the International Energy Agency, around $2.8 trillion is anticipated to be invested in energy in 2023, and more than $1.7 trillion in clean energy from 2022. The year-on-year investment in renewable energy has surged by a significant 24%. This rise in investment is a significant driver for the AI in energy and power market.
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Who Are the Key Players Driving Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 Growth?
•Google LLC
•Microsoft Corporation
•Mitsubishi Electric Corporation
•Bosch.IO
•Siemens AG
•General Electric Company
•Intel Corporation
•International Business Machines Corporation
•Cisco Systems Inc.
•Schneider Electric SE
•Honeywell International Inc.
•SAP SE
•ABB Group
•NVIDIA Corporation
•Toshiba Corporation
•Emerson Electric Co
•Rockwell Automation Inc.
•SAS Institute Inc.
•DNV GL
•Sierra Wireless Inc.
•C3.ai Inc.
•Vayyar Imaging Ltd.
•Uptake Technologies Inc.
•Verdigris Technologies Inc.
•ClearPath Robotics
•Aurora Solar Technologies
•SenseHawk
What Are The Key Trends In The Artificial Intelligence (AI) in Energy And Power Global Market Report 2025?
•Technological advancements
•Collaboration and standards
•Global embrace of AI technologies
•Cybersecurity enhancement
•Predictive maintenance
What Are The Segments Of The Global Artificial Intelligence (AI) in Energy And Power Global Market Report 2025?
•By Technology: Machine Learning, Natural Language Processing, Computer Vision
•By Application: Demand Forecasting, Energy Production And Distribution Optimization, Energy Management, Smart Grids, Smart Meter, Other Applications
•By End-User: Commercial And Industrial, Residential
Which Region Leads The Artificial Intelligence (AI) in Energy And Power Global Market Report 2025?
North America was the most significant segment in the AI in the energy and power market in 2024. Europe is projected to be the fastest-growing region in the future. The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 Global Market Report?
The Report Covers:
- Market Size Analysis: Analyze the Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence (AI) in Energy And Power Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence (AI) in Energy And Power Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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