Artificial Intelligence Market In Energy & Utilities - Forecast (2020 - 2025)
Energy and Utilities sector is expected to witness large scale adoption of artificial intelligence in medium to long term. Due to this the investment have increased in 2017 up to an average of 500 million USD in the first quarter of 2017 to 3.5 billion USD in the second quarter. Big oil companies also started to show some interests in AI which are improving their business operations. The future of AI in the energy industry is massive. After deploying AI into energy and utilities sector, a drastic change in energy transition, precise sensors and advance devices have been resulted.
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What is Artificial Intelligence?
Artificial intelligence makes the machines to perform human-like tasks. The tasks which is difficult for humans, AI technologies can perform the task in more efficient and accurate way. Artificial intelligence is expected to be future for energy and utilities companies. This will further helps the company to track the consumption and minimize the over production. This will further help the company to be profitable and more efficient in serving clients and addressing their queries.
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What are the applications of Artificial intelligence in Energy and Utilities?
Artificial intelligence are now deployed in energy and utilities too. Some applications are storage, autonomous grid, failure management, upstream exploration, energy consumption, load forecasting, yield optimizing, predictive maintenance, device management, energy thieft.
Market research and Market Trend of Artificial intelligence market in energy and utilities
DeepMind, a startup acquired by Google, will add artificial intelligence to the electricity system of UK, based on plans of the UK’s National Grid. The project will process information from various parameters such as weather forecasts, internet searches for incidents that may affect demand and so on and predict electricity demand. For example, heat waves would raise the demand for using air conditioning, and raise the consumption.
If successfully implemented, labor requirements in potentially hazardous areas will fall, and efficiency may improve.
Siemens released new software known as active network management (ANM) to predict interaction of grids with different energy loads and track changes. The tracking should remove the need for manual adjustments and may open up new avenues such as charging of electric vehicles.
Who are the major players in UHMWP market?
The companies referred in the market research report are 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. (Helsinki) and many others.
What is our report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2020-2025.
All our reports are customizable to your company needs to a certain extent, we do provide 20 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Key Takeaways from this Report
- Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Table of Contents
1. Artificial Intelligence Market In Energy & Utilities - Overview
1.1. Definitions and Scope2. Artificial Intelligence Market In Energy & Utilities - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Artificial Intelligence Market In Energy & Utilities
3.1. Comparative analysis3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Artificial Intelligence Market In Energy & Utilities – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Artificial Intelligence Market In Energy & Utilities – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Artificial Intelligence Market In Energy & Utilities Forces
6.1. Drivers6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes
7. Artificial Intelligence Market In Energy & Utilities -Strategic analysis
7.1. Value chain analysis7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Artificial Intelligence Market In Energy & Utilities – By Technology (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Introduction
8.3.2. Machine Learning
8.3.3. Natural Language Processing
8.3.4. Computer Vision
8.3.5. Others
9. Artificial Intelligence Market In Energy & Utilities – Types (Market Size -$Million / $Billion)
9.1. Narrow Artificial Intelligence9.2. Artificial General Intelligence
9.3. Artificial Super Intelligence
10. Artificial Intelligence Market In Energy & Utilities – Categories (Market Size -$Million / $Billion)
10.1. Renewable Management10.1.1. Renewable Forecasting
10.1.2. Equipment Maintenance
10.1.3. Wind and solar efficiency
10.1.4. Storage Analysis
10.2. Demand Management
10.2.1. Energy Efficiency
10.2.2. Energy Management Systems
10.2.3. DR Management
10.2.4. DR Game Theory
10.3. Infrastructure Management
10.3.1. Digital Assest Management
10.3.2. Equipment O&M
10.3.3. Generation Management
11. Artificial Intelligence Market In Energy & Utilities – Applications (Market Size -$Million / $Billion)
11.1. Introduction11.2. Energy Generation
11.3. Energy Transmission
11.4. Energy Distribution
11.5. Utilities
11.5.1. Load Forecasting
11.5.2. Yield Optimizing
11.5.3. Predictive Maintenance
11.5.4. Demand Management
11.5.5. Live Metering
12. Artificial Intelligence Market In Energy & Utilities - By Geography (Market Size -$Million / $Billion)
12.1. Artificial Intelligence Market In Energy & Utilities - North America Segment Research12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size
12.2.5.1. U.S.
12.2.5.2. Canada
12.2.5.3. Mexico
12.2.5.4. Rest of North America
12.3. Artificial Intelligence Market In Energy & Utilities - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size
12.4.5.1. Brazil
12.4.5.2. Venezuela
12.4.5.3. Argentina
12.4.5.4. Ecuador
12.4.5.5. Peru
12.4.5.6. Colombia
12.4.5.7. Costa Rica
12.4.5.8. Rest of South America
12.5. Artificial Intelligence Market In Energy & Utilities - Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size
12.6.5.1. U.K
12.6.5.2. Germany
12.6.5.3. Italy
12.6.5.4. France
12.6.5.5. Netherlands
12.6.5.6. Belgium
12.6.5.7. Spain
12.6.5.8. Denmark
12.6.5.9. Rest of Europe
12.7. Artificial Intelligence Market In Energy & Utilities – APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size
12.8.5.1. China
12.8.5.2. Australia
12.8.5.3. Japan
12.8.5.4. South Korea
12.8.5.5. India
12.8.5.6. Taiwan
12.8.5.7. Malaysia
13. Artificial Intelligence Market In Energy & Utilities - Entropy
13.1. New product launches13.2. M&A's, collaborations, JVs and partnerships
14. Artificial Intelligence Market In Energy & Utilities – Industry / Segment Competition landscape Premium
14.1. Market Share Analysis14.1.1. Market Share by Country- Top companies
14.1.2. Market Share by Region- Top 10 companies
14.1.3. Market Share by type of Application – Top 10 companies
14.1.4. Market Share by type of Product / Product category- Top 10 companies
14.1.5. Market Share at global level- Top 10 companies
14.1.6. Best Practises for companies
15. Artificial Intelligence Market In Energy & Utilities – Key Company List by Country Premium
16. Artificial Intelligence Market In Energy & Utilities Company Analysis
16.1. Market Share, Company Revenue, Products, M&A, Developments16.2. Alpiq (Switzerland)
16.3. SmartCloud Inc. (U.S.)
16.4. General electric (U.S.)
16.5. Siemens AG (Germany)
16.6. Hazama Ando Corporation (Japan)
16.7. ATOS SE (France)
16.8. AppOrchid Inc. (U.S)
16.9. Zen Robotics Ltd. (Helsinki)
16.10. Company 9
16.11. Company 10
16.12. Company 11 and more
"*Financials would be provided on a best efforts basis for private companies"
17. Artificial Intelligence Market In Energy & Utilities - Appendix
17.1. Abbreviations17.2. Sources
18. Artificial Intelligence Market In Energy & Utilities - Methodology
18.1. Research Methodology18.1.1. Company Expert Interviews
18.1.2. Industry Databases
18.1.3. Associations
18.1.4. Company News
18.1.5. Company Annual Reports
18.1.6. Application Trends
18.1.7. New Products and Product database
18.1.8. Company Transcripts
18.1.9. R&D Trends
18.1.10. Key Opinion Leaders Interviews
18.1.11. Supply and Demand Trends
List of Tables:
Table 1: Artificial Intelligence Market in Energy & Utilities Overview 2019-2024Table 2: Artificial Intelligence Market in Energy & Utilities Leader Analysis 2018-2019 (US$)
Table 3: Artificial Intelligence Market in Energy & UtilitiesProduct Analysis 2018-2019 (US$)
Table 4: Artificial Intelligence Market in Energy & UtilitiesEnd User Analysis 2018-2019 (US$)
Table 5: Artificial Intelligence Market in Energy & UtilitiesPatent Analysis 2013-2018* (US$)
Table 6: Artificial Intelligence Market in Energy & UtilitiesFinancial Analysis 2018-2019 (US$)
Table 7: Artificial Intelligence Market in Energy & Utilities Driver Analysis 2018-2019 (US$)
Table 8: Artificial Intelligence Market in Energy & UtilitiesChallenges Analysis 2018-2019 (US$)
Table 9: Artificial Intelligence Market in Energy & UtilitiesConstraint Analysis 2018-2019 (US$)
Table 10: Artificial Intelligence Market in Energy & Utilities Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: Artificial Intelligence Market in Energy & Utilities Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: Artificial Intelligence Market in Energy & Utilities Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: Artificial Intelligence Market in Energy & Utilities Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: Artificial Intelligence Market in Energy & Utilities Degree of Competition Analysis 2018-2019 (US$)
Table 15: Artificial Intelligence Market in Energy & UtilitiesValue Chain Analysis 2018-2019 (US$)
Table 16: Artificial Intelligence Market in Energy & UtilitiesPricing Analysis 2019-2024 (US$)
Table 17: Artificial Intelligence Market in Energy & UtilitiesOpportunities Analysis 2019-2024 (US$)
Table 18: Artificial Intelligence Market in Energy & UtilitiesProduct Life Cycle Analysis 2019-2024 (US$)
Table 19: Artificial Intelligence Market in Energy & UtilitiesSupplier Analysis 2018-2019 (US$)
Table 20: Artificial Intelligence Market in Energy & UtilitiesDistributor Analysis 2018-2019 (US$)
Table 21: Artificial Intelligence Market in Energy & Utilities Trend Analysis 2018-2019 (US$)
Table 22: Artificial Intelligence Market in Energy & Utilities Size 2018 (US$)
Table 23: Artificial Intelligence Market in Energy & Utilities Forecast Analysis 2019-2024 (US$)
Table 24: Artificial Intelligence Market in Energy & Utilities Sales Forecast Analysis 2019-2024 (Units)
Table 25: Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 26: Artificial Intelligence Market in Energy & UtilitiesBy Type, Revenue & Volume,By Services, 2019-2024 ($)
Table 27: Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 28: Artificial Intelligence Market in Energy & UtilitiesBy Application, Revenue & Volume,By Renewables management, 2019-2024 ($)
Table 29: Artificial Intelligence Market in Energy & UtilitiesBy Application, Revenue & Volume,By Infrastructure management, 2019-2024 ($)
Table 30: Artificial Intelligence Market in Energy & UtilitiesBy Application, Revenue & Volume,By Demand management, 2019-2024 ($)
Table 31: Artificial Intelligence Market in Energy & UtilitiesBy Application, Revenue & Volume,By Cybersecurity of systems, 2019-2024 ($)
Table 32: Artificial Intelligence Market in Energy & UtilitiesBy Application, Revenue & Volume,By Process control, 2019-2024 ($)
Table 33: North America Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 34: North America Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 35: South america Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 36: South america Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 37: Europe Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 38: Europe Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 39: APAC Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 40: APAC Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 41: Middle East & Africa Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 42: Middle East & Africa Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 43: Russia Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 44: Russia Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 45: Israel Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Type, 2019-2024 ($)
Table 46: Israel Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,By Application, 2019-2024 ($)
Table 47: Top Companies 2018 (US$) Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,,
Table 48: Product Launch 2018-2019 Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,,
Table 49: Mergers & Acquistions 2018-2019 Artificial Intelligence Market in Energy & Utilities, Revenue & Volume,,
List of Figures:
Figure 1: Overview of Artificial Intelligence Market in Energy & Utilities 2019-2024Figure 2: Market Share Analysis for Artificial Intelligence Market in Energy & Utilities 2018 (US$)
Figure 3: Product Comparison in Artificial Intelligence Market in Energy & Utilities 2018-2019 (US$)
Figure 4: End User Profile for Artificial Intelligence Market in Energy & Utilities 2018-2019 (US$)
Figure 5: Patent Application and Grant in Artificial Intelligence Market in Energy & Utilities 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in Artificial Intelligence Market in Energy & Utilities 2018-2019 (US$)
Figure 7: Market Entry Strategy in Artificial Intelligence Market in Energy & Utilities 2018-2019
Figure 8: Ecosystem Analysis in Artificial Intelligence Market in Energy & Utilities2018
Figure 9: Average Selling Price in Artificial Intelligence Market in Energy & Utilities 2019-2024
Figure 10: Top Opportunites in Artificial Intelligence Market in Energy & Utilities 2018-2019
Figure 11: Market Life Cycle Analysis in Artificial Intelligence Market in Energy & Utilities
Figure 12: GlobalBy TypeArtificial Intelligence Market in Energy & Utilities Revenue, 2019-2024 ($)
Figure 13: GlobalBy ApplicationArtificial Intelligence Market in Energy & Utilities Revenue, 2019-2024 ($)
Figure 14: Global Artificial Intelligence Market in Energy & Utilities - By Geography
Figure 15: Global Artificial Intelligence Market in Energy & Utilities Value & Volume, By Geography, 2019-2024 ($)
Figure 16: Global Artificial Intelligence Market in Energy & Utilities CAGR, By Geography, 2019-2024 (%)
Figure 17: North America Artificial Intelligence Market in Energy & Utilities Value & Volume, 2019-2024 ($)
Figure 18: US Artificial Intelligence Market in Energy & Utilities Value & Volume, 2019-2024 ($)
Figure 19: US GDP and Population, 2018-2019 ($)
Figure 20: US GDP
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