PUBLISHER: TechNavio | PRODUCT CODE: 1915652
PUBLISHER: TechNavio | PRODUCT CODE: 1915652
The global AI in energy management market is forecasted to grow by USD 16064.2 mn during 2024-2029, accelerating at a CAGR of 20.8% during the forecast period. The report on the global AI in energy management market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for grid modernization and stability, global push for decarbonization and sustainability, drive for enhanced operational efficiency and cost reduction.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 18.8% |
| CAGR | 20.8% |
| Incremental Value | $16064.2 mn |
Technavio's global AI in energy management market is segmented as below:
By Application
By Technology
By End-User
Geography
This study identifies the proliferation of generative AI for advanced simulation and optimization as one of the prime reasons driving the global AI in energy management market growth during the next few years. Also, rise of ai-powered digital twins for predictive and prescriptive asset management and increasing focus on explainable AI (xai) for transparency and trust will lead to sizable demand in the market.
The report on the global AI in energy management market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global AI in energy management market vendors that include ABB Ltd., Alpiq Holding AG, Amazon Web Services Inc., Atos SE, BIDGELY INC., C3.ai Inc., Enel Spa, GE Vernova Inc., Grid4C, Honeywell International Inc., IBM Corp., Innowatts Inc., iRasus, Microsoft Corp., Oracle Corp., Schneider Electric SE, Siemens AG, Tesla Inc., Vestas Wind Systems AS. Also, the global AI in energy management market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.