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Home > Global Applied AI in Energy and Utilities Market Growth (Status and Outlook) 2024-2030

Global Applied AI in Energy and Utilities Market Growth (Status and Outlook) 2024-2030

Publication ID: 
LPI08249138
Publication Date: 
August 13, 2024
Pages: 
107
Publisher: 
LPI
Countries: 
Global [1]
USD 3,660.00

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IT Services [2]
Software [3]
Computing & Electronics [4]
Description: 

Artificial Intelligence (AI) is reshaping the energy and utilities market by enhancing efficiency, sustainability, and reliability. AI applications are wide-ranging, offering transformative benefits. AI optimizes grid operations, improving energy demand forecasting and infrastructure reliability. It also fine-tunes building energy management through sensor data analysis. Additionally, AI aids in energy trading, grid security, and customer service, making the entire energy ecosystem more efficient. AI's influence extends to smart grids, sector coupling, and electric vehicle integration. It streamlines grid management in the face of decentralized energy sources, supports intelligent power generation and consumption coordination, and enhances grid stability. In the realm of electricity trading, AI-driven forecasts boost grid stability and renewables integration, and recent developments have shown its potential in reducing control reserve demand.
The global Applied AI in Energy and Utilities market size is projected to grow from US$ 587 million in 2024 to US$ 1742 million in 2030; it is expected to grow at a CAGR of 19.9% from 2024 to 2030.
The 鈥淎pplied AI in Energy and Utilities Industry Forecast鈥� looks at past sales and reviews total world Applied AI in Energy and Utilities sales in 2022, providing a comprehensive analysis by region and market sector of projected Applied AI in Energy and Utilities sales for 2023 through 2029. With Applied AI in Energy and Utilities sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Applied AI in Energy and Utilities industry.
This Insight Report provides a comprehensive analysis of the global Applied AI in Energy and Utilities landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Applied AI in Energy and Utilities portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Applied AI in Energy and Utilities market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Applied AI in Energy and Utilities and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Applied AI in Energy and Utilities.
The rapid expansion and substantial investments in the smart city landscape are significantly influencing the growth of applied AI in the energy and utilities market. This evolution is particularly pronounced in three core sectors: communications, energy, and transportation, which are receiving heightened attention, increased funding, and intensified research and development efforts. These endeavors are aimed at delivering highly efficient solutions and enhancing the overall well-being of urban residents. The global smart cities market is predicted to reach approximately US$ 1.38 trillion by 2030, a substantial rise from its 2019 valuation of US$ 392.9 billion. Furthermore, approximately two-thirds of cities worldwide have already channeled investments into smart city technologies, and this trend is poised to persist, with a projected CAGR of 49.20% between 2022 and 2027. The movement of people towards urban centers stands as another driving force behind the advancement of smart cities, with the current urban population comprising 55% of the global populace, predicted to ascend to 68% by 2050. This urban migration is propelled by the allure of enhanced digital technologies, which attract both businesses and residents, thereby fostering economic expansion.
This report presents a comprehensive overview, market shares, and growth opportunities of Applied AI in Energy and Utilities market by product type, application, key players and key regions and countries.
Segmentation by Type:
On-Premises
Cloud
Segmentation by Application:
Energy Generation
Energy Transmission
Energy Distribution
Utilities
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
On-Premises
Cloud
Segmentation by Application:
Energy Generation
Energy Transmission
Energy Distribution
Utilities
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AAIC
AltaML Inc.
ATOS SE
CEZ Group
Google
IBM
Microsoft Corporation
MindTitan
Nvidia
SmatCloud Inc.
Utility Dive

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents: 

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Applied AI in Energy and Utilities Market Size 2019-2030
2.1.2 Applied AI in Energy and Utilities Market Size CAGR by Region (2019 VS 2023 VS 2030)
2.1.3 World Current & Future Analysis for Applied AI in Energy and Utilities by Country/Region, 2019, 2023 & 2030
2.2 Applied AI in Energy and Utilities Segment by Type
2.2.1 On-Premises
2.2.2 Cloud
2.3 Applied AI in Energy and Utilities Market Size by Type
2.3.1 Applied AI in Energy and Utilities Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Applied AI in Energy and Utilities Market Size Market Share by Type (2019-2024)
2.4 Applied AI in Energy and Utilities Segment by Application
2.4.1 Energy Generation
2.4.2 Energy Transmission
2.4.3 Energy Distribution
2.4.4 Utilities
2.4.5 Others
2.5 Applied AI in Energy and Utilities Market Size by Application
2.5.1 Applied AI in Energy and Utilities Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Applied AI in Energy and Utilities Market Size Market Share by Application (2019-2024)
3 Applied AI in Energy and Utilities Market Size by Player
3.1 Applied AI in Energy and Utilities Market Size Market Share by Player
3.1.1 Global Applied AI in Energy and Utilities Revenue by Player (2019-2024)
3.1.2 Global Applied AI in Energy and Utilities Revenue Market Share by Player (2019-2024)
3.2 Global Applied AI in Energy and Utilities Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Applied AI in Energy and Utilities by Region
4.1 Applied AI in Energy and Utilities Market Size by Region (2019-2024)
4.2 Global Applied AI in Energy and Utilities Annual Revenue by Country/Region (2019-2024)
4.3 Americas Applied AI in Energy and Utilities Market Size Growth (2019-2024)
4.4 APAC Applied AI in Energy and Utilities Market Size Growth (2019-2024)
4.5 Europe Applied AI in Energy and Utilities Market Size Growth (2019-2024)
4.6 Middle East & Africa Applied AI in Energy and Utilities Market Size Growth (2019-2024)
5 Americas
5.1 Americas Applied AI in Energy and Utilities Market Size by Country (2019-2024)
5.2 Americas Applied AI in Energy and Utilities Market Size by Type (2019-2024)
5.3 Americas Applied AI in Energy and Utilities Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Applied AI in Energy and Utilities Market Size by Region (2019-2024)
6.2 APAC Applied AI in Energy and Utilities Market Size by Type (2019-2024)
6.3 APAC Applied AI in Energy and Utilities Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Applied AI in Energy and Utilities Market Size by Country (2019-2024)
7.2 Europe Applied AI in Energy and Utilities Market Size by Type (2019-2024)
7.3 Europe Applied AI in Energy and Utilities Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Applied AI in Energy and Utilities by Region (2019-2024)
8.2 Middle East & Africa Applied AI in Energy and Utilities Market Size by Type (2019-2024)
8.3 Middle East & Africa Applied AI in Energy and Utilities Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Applied AI in Energy and Utilities Market Forecast
10.1 Global Applied AI in Energy and Utilities Forecast by Region (2025-2030)
10.1.1 Global Applied AI in Energy and Utilities Forecast by Region (2025-2030)
10.1.2 Americas Applied AI in Energy and Utilities Forecast
10.1.3 APAC Applied AI in Energy and Utilities Forecast
10.1.4 Europe Applied AI in Energy and Utilities Forecast
10.1.5 Middle East & Africa Applied AI in Energy and Utilities Forecast
10.2 Americas Applied AI in Energy and Utilities Forecast by Country (2025-2030)
10.2.1 United States Market Applied AI in Energy and Utilities Forecast
10.2.2 Canada Market Applied AI in Energy and Utilities Forecast
10.2.3 Mexico Market Applied AI in Energy and Utilities Forecast
10.2.4 Brazil Market Applied AI in Energy and Utilities Forecast
10.3 APAC Applied AI in Energy and Utilities Forecast by Region (2025-2030)
10.3.1 China Applied AI in Energy and Utilities Market Forecast
10.3.2 Japan Market Applied AI in Energy and Utilities Forecast
10.3.3 Korea Market Applied AI in Energy and Utilities Forecast
10.3.4 Southeast Asia Market Applied AI in Energy and Utilities Forecast
10.3.5 India Market Applied AI in Energy and Utilities Forecast
10.3.6 Australia Market Applied AI in Energy and Utilities Forecast
10.4 Europe Applied AI in Energy and Utilities Forecast by Country (2025-2030)
10.4.1 Germany Market Applied AI in Energy and Utilities Forecast
10.4.2 France Market Applied AI in Energy and Utilities Forecast
10.4.3 UK Market Applied AI in Energy and Utilities Forecast
10.4.4 Italy Market Applied AI in Energy and Utilities Forecast
10.4.5 Russia Market Applied AI in Energy and Utilities Forecast
10.5 Middle East & Africa Applied AI in Energy and Utilities Forecast by Region (2025-2030)
10.5.1 Egypt Market Applied AI in Energy and Utilities Forecast
10.5.2 South Africa Market Applied AI in Energy and Utilities Forecast
10.5.3 Israel Market Applied AI in Energy and Utilities Forecast
10.5.4 Turkey Market Applied AI in Energy and Utilities Forecast
10.6 Global Applied AI in Energy and Utilities Forecast by Type (2025-2030)
10.7 Global Applied AI in Energy and Utilities Forecast by Application (2025-2030)
10.7.1 GCC Countries Market Applied AI in Energy and Utilities Forecast
11 Key Players Analysis
11.1 AAIC
11.1.1 AAIC Company Information
11.1.2 AAIC Applied AI in Energy and Utilities Product Offered
11.1.3 AAIC Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 AAIC Main Business Overview
11.1.5 AAIC Latest Developments
11.2 AltaML Inc.
11.2.1 AltaML Inc. Company Information
11.2.2 AltaML Inc. Applied AI in Energy and Utilities Product Offered
11.2.3 AltaML Inc. Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 AltaML Inc. Main Business Overview
11.2.5 AltaML Inc. Latest Developments
11.3 ATOS SE
11.3.1 ATOS SE Company Information
11.3.2 ATOS SE Applied AI in Energy and Utilities Product Offered
11.3.3 ATOS SE Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 ATOS SE Main Business Overview
11.3.5 ATOS SE Latest Developments
11.4 CEZ Group
11.4.1 CEZ Group Company Information
11.4.2 CEZ Group Applied AI in Energy and Utilities Product Offered
11.4.3 CEZ Group Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 CEZ Group Main Business Overview
11.4.5 CEZ Group Latest Developments
11.5 Google
11.5.1 Google Company Information
11.5.2 Google Applied AI in Energy and Utilities Product Offered
11.5.3 Google Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Google Main Business Overview
11.5.5 Google Latest Developments
11.6 IBM
11.6.1 IBM Company Information
11.6.2 IBM Applied AI in Energy and Utilities Product Offered
11.6.3 IBM Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 IBM Main Business Overview
11.6.5 IBM Latest Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Information
11.7.2 Microsoft Corporation Applied AI in Energy and Utilities Product Offered
11.7.3 Microsoft Corporation Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Microsoft Corporation Main Business Overview
11.7.5 Microsoft Corporation Latest Developments
11.8 MindTitan
11.8.1 MindTitan Company Information
11.8.2 MindTitan Applied AI in Energy and Utilities Product Offered
11.8.3 MindTitan Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 MindTitan Main Business Overview
11.8.5 MindTitan Latest Developments
11.9 Nvidia
11.9.1 Nvidia Company Information
11.9.2 Nvidia Applied AI in Energy and Utilities Product Offered
11.9.3 Nvidia Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Nvidia Main Business Overview
11.9.5 Nvidia Latest Developments
11.10 SmatCloud Inc.
11.10.1 SmatCloud Inc. Company Information
11.10.2 SmatCloud Inc. Applied AI in Energy and Utilities Product Offered
11.10.3 SmatCloud Inc. Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 SmatCloud Inc. Main Business Overview
11.10.5 SmatCloud Inc. Latest Developments
11.11 Utility Dive
11.11.1 Utility Dive Company Information
11.11.2 Utility Dive Applied AI in Energy and Utilities Product Offered
11.11.3 Utility Dive Applied AI in Energy and Utilities Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Utility Dive Main Business Overview
11.11.5 Utility Dive Latest Developments
12 Research Findings and Conclusion

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