Artificial Intelligence Market In Energy & Utilities - Forecast(2021 - 2026) - PowerPoint PPT Presentation

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Artificial Intelligence Market In Energy & Utilities - Forecast(2021 - 2026)

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The market for AI in Energy and Utilities is forecast to reach $4.5 billion by 2026, growing at a CAGR of 32.75% from 2021 to 2026. The market is driven by the rapid demand for power and dearth of information grid in power generation. – PowerPoint PPT presentation

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Title: Artificial Intelligence Market In Energy & Utilities - Forecast(2021 - 2026)


1
Artificial Intelligence MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The market for AI in Energy and Utilities is
    forecast to reach 4.5 billion by 2026,
    growing at a CAGR of 32.75 from 2021 to 2026.
  • The market is driven by the rapid demand for
    power and dearth of information grid in power
    generation.
  • Artificial intelligence (AI) is an extent of
    computer technology that highlights the formation
    of intelligent machines that work and react like
    humans.
  • The energy and utility sector involves in the
    production and distribution of energy constitutes
    of oil and gas, power generation and others. 

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3
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  • Key Takeaways
  • Deployment of AI into energy sector resulted in
    drastic changes in the transmogrification of
    energy in energy sources distribution. AI has
    brought advancement in the devices for auto
    detection and other energy infrastructure.
  • Both Energy Utility sectors have proven to be
    the most innovative in the application of
    Artificial Intelligence.
  • Energy production has been influenced by
    Artificial Intelligence in more ways than one.
    For example it helped in optimizing drilling by
    identifying the right spots of energy resources
    for drilling.

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4
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By Distribution Channel- Segment Analysis Demand
Forecasting has dominated the AI in Energy and
Utilities Market with a share of 26.9 in 2020 as
compared to the other applications due to rising
demand for efficiency improvements drive the
adoption of AI technology for this application.
Artificial intelligence is now deployed in energy
and utilities too. Some of the key applications
are storage, autonomous grid, failure management,
upstream exploration, energy consumption, load
forecasting, yield optimizing, predictive
maintenance, device management, energy theft.
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5
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  • Artificial Intelligence Market Industry Outlook 
  • Alpiq (Switzerland)
  • SmartCloud Inc. (U.S.)
  • General electric (U.S.)
  • Siemens AG (Germany)
  • Hazama Ando Corporation (Japan)
  • ATOS SE (France)
  • AppOrchid Inc. (U.S)
  • Zen Robotics Ltd.

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6
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Artificial Intelligence Market In Energy
Utilities - Forecast(2021 - 2026) Learn More
About the Report _at_ https//www.industryarc.com/
Report/17916/artificial-intelligence-market-in-ene
rgy-utilities.html
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Email sales_at_industryarc.com
7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id17916

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Email sales_at_industryarc.com
8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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