Press release
Surge In Microgrid Adoption Drives Growth Of AI in The Energy Market Driving Market Acceleration in the AI in Energy Industry, 2025
AI in Energy Market
How Large Will the AI in Energy Market Size By 2025?
The market size of AI in the energy sector has seen significant growth in the past few years. It is predicted to rise from $19.03 billion in 2024 to $22.94 billion in 2025, with a compound annual growth rate (CAGR) of 20.6%. The historic growth can be linked to the application of data analytics for increased efficiency, demand response management, foresight maintenance, optimization of grids, along with the integration of renewable energy.
How Big Is the AI in Energy Market Size Expected to Grow by 2029?
The AI energy market is projected to experience substantial expansion in the coming years, reaching a size of $50.91 billion by 2029 with a compound annual growth rate (CAGR) of 22.0%. Factors contributing to this predicted growth during the forecast period include the advent of decentralized energy systems, energy storage management, the development of smart cities and infrastructure, the electrification of transportation, and the incorporation of edge computing. Key trends that are expected to emerge during the forecast period are analytics for energy efficiency, autonomous energy infrastructure, cybersecurity solutions, virtual power plants, and edge AI for managing energy.
View the full report here:
https://www.thebusinessresearchcompany.com/report/ai-in-energy-global-market-report
Which Key Market Drivers Powering AI in Energy Market Expansion and Growth?
The surge in the implementation of microgrids is projected to fuel the expansion of AI in the energy sector. Essentially, a microgrid is a localized energy framework that functions autonomously or collaboratively alongside the main power grid. Microgrids are crucial in incorporating and enhancing AI technology within the energy industry, facilitating intelligent energy administration, grid improvement, and assimilation of renewable energy resources. These bolster AI energy applications such as demand response, load equilibrium, and renewable energy integration. An upward trend in the use of microgrids is being noticed in the AI energy market. For instance, the UK's Department for Energy Security and Net Zero suggested in Energy Trends in September 2024, that the installed capacity increased by 3.9 percent (2.1 GW) in the second quarter of 2024 compared to the same quarter in 2023, achieving a total of 57.5 GW. Thus, the escalating usage of microgrids is anticipated to stimulate the growth of AI in the energy sector.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11920&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the AI in Energy Market?
The growth of technological innovation is a prominent trend emerging in the AI in the energy market. Dominant firms in the AI energy sector are turning to novel technologies to maintain their market standing. For instance, in February 2022, Telefonaktiebolaget LM Ericsson, an IT services and consulting organization based in Sweden, debuted its AI-powered Energy Infrastructure Operations, an energy manageament system. This system aids service providers in optimizing energy utilization across their network infrastructure using AI and advanced data analysis. Thanks to AI, energy infrastructure operations can lower energy-related OPEX by 15%, on-site visits associated with passive infrastructure by 15%, and energy-linked outages by 30%. It also enables a decrease in OPEX and CO2 emissions for service providers by leveraging AI and data analytics to enhance energy efficiency and site availability.
What Are the Emerging Segments in the AI in Energy Market?
The AI in energy market covered in this report is segmented -
1) By Offering: Support Services, Hardware, AI-As-A-Service, Software
2) By Deployment: On-Premise, Cloud
3) By Application: Demand Response Management, Fleet And Asset Management, Renewable Energy Management, Precision Drilling, Demand Forecasting, Infrastructure Management, Other Applications
4) By End User: Energy Transmission, Energy Generation, Energy Distribution, Utilities, Other End Users
Subsegments:
1) By Support Services: Consulting Services, Implementation Services, Maintenance And Support Services
2) By Hardware: AI-Powered Sensors, Smart Meters, Edge Computing Devices
3) By AI-As-A-Service: Machine Learning Platforms, Data Analytics Services, Model Training And Development Services
4) By Software: Energy Management Software, Predictive Maintenance Software, Demand Response Software, Grid Management Software
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=11920&type=smp
Who Are the Global Leaders in the AI in Energy Market?
Major companies operating in the AI in energy market include Google, Microsoft Corporation, Engie SA, Huawei Technologies Co Ltd., Siemens AG, General Electric Company, Intel Corporation, International Business Machines Corporation, Iberdrola, Cisco Systems Inc., Schneider Electric SE, Honeywell International Inc., Flex Ltd., ABB Ltd, Duke Energy Corporation, Nvidia Corporation, Alpiq Holding AG, ATOS SE, Enel Green Power S.p.A., Databricks Inc., C3 AI, Uptake Technologies, Sentient Energy Inc., AutoGrid Systems Inc., Arundo Analytics Inc., Bidgely Inc., Verdigris Technologies, Greenbird Integration Technology AS, AppOrchid Inc., Ecube Labs Co. Ltd
Which are the Top Profitable Regional Markets for the AI in Energy Industry?
North America was the largest region in AI in the energy market in 2024. Asia-pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the AI in energy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11920
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Surge In Microgrid Adoption Drives Growth Of AI in The Energy Market Driving Market Acceleration in the AI in Energy Industry, 2025 here
News-ID: 4097166 • Views: …
More Releases from The Business Research Company
The Rise Of Coffee Consumption Is Fueling The Growth Of The Market Due To Its In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Coffee Shops Market Size Growth Forecast: What to Expect by 2025?
The size of the coffee shop market has seen robust growth in the past few years. The market, which is projected to be at $83.27 billion in 2024, is expected to reach $89.17 billion by 2025 with a…
Driving Chimney Waterproofing Services Market Growth in 2025: The Role of Rising …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Chimney Waterproofing Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a substantial growth in the market size for chimney waterproofing services. The market is projected to expand from $1.53 billion in 2024 to $1.67 billion in 2025, demonstrating a compound annual…
Emerging Trends to Drive Ceramic Coated Separators Market Growth at 20.9% CAGR T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Ceramic Coated Separators Market Size Growth Forecast: What to Expect by 2025?
The market size of ceramic coated separators has seen a remarkable increase in recent times, and it is set to expand from the value of $1.47 billion in 2024 to reach the value of $1.78 billion in…
Key Trends Reshaping the Cement And Mortar Testing Equipment Market: Innovative …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Cement And Mortar Testing Equipment Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for cement and mortar testing equipment has seen robust growth. The market is expected to expand from $1.61 billion in 2024 to $1.73 billion in 2025, with a compound…
More Releases for Energy
Green Renewable Energy Market Next Big Thing: Enphase Energy, Bloom Energy, Clea …
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 the…
Business Energy Solution Market Size in 2023 To 2029 | SSE Energy Solutions, BES …
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 approaches…
Decentralized Energy Storage Market Is Booming Worldwide | Fuelcell Energy, Enph …
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 statistics…
Waste-To-Energy Technologies Market Top Growing Companies: Xcel Energy, Novo Ene …
Qurate Business Intelligence’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 over…
Waste To Energy Market ||Novo Energy Ltd., Hitachi Zosen, Foster Wheeler A.G., S …
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 on…
In-Pipe Hydro Systems Market | key player - Lucid Energy, Rentricity, Tecnoturbi …
Looking at the current market trends as well as the promising demand status of the “In-Pipe Hydro Systems Market” 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; assisting…
