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2023-04-27T19:56:50.000000Z
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Artificial Intelligence in Energy Market: A Comprehensive Study of the Industry
The new report titled 'Global Artificial Intelligence in Energy Market', published by Emergen Research, is methodically curated by our team of analysts, keeping readers' understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Artificial Intelligence in Energy Market outlook over the forecast duration (2021-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
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The global Artificial Intelligence in energy market is expected to reach a market size of USD 20.83 Billion at a steady CAGR of 23.6% in 2028. This steady revenue growth can be attributed to increasing need to obtain operational efficiency to meet energ gy requirements. Digitalization of the energy sector is contributing to increasing demand for Artificial Intelligence in energy systems.
Adoption of Artificial Intelligence solutions among oilfield services providers and operators has been increasing and is driving deployment of Artificial Intelligence solutions in oil & gas industries. Rising need to identify improper threading in pipelines or defects in error-prone me chanisms are driving utilization of Artificial Intelligence- powered defect detection solutions in oil & gas industries.
The report studies the impact of the COVID-19 pandemic on the Artificial Intelligence in Energy market and its crucial segments. The supply chain disruptions and economic instability have negatively impacted the growth of the market in several key regions. The report offers an in -depth Analysis of the market size, market share, and market growth and its estimation through the forecast years on the basis of the COVID-19 crisis.
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The Artificial Intelligence in Energy research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategy ic expansion and investment plans . The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.
Major companies operating in the global Artificial Intelligence in Energy market include Accenture PLC, Amazon Web Services, Inc., AutoGrid Systems, Inc, Cisco Systems Inc., C3 IoT, Inc., General Electric, HCL Technologies Ltd., Huawei Technologies Co. , Ltd., IBM Corporation, and Intel Corporation.
Emergen Research has segmented the global Artificial Intelligence in energy market on the basis of product offering, industry stream, application, and region:
Product offering Outlook (Revenue, USD Billion; 2021–2028)
Support Services
Hardware
AI-as-a-Service
Software
Industry stream Outlook (Revenue, USD Billion; 2021–2028)
Power Industry (Generation, Transmission, Distribution)
Oil & Gas Industry (Upstream, Midstream, Downstream)
Application Outlook (Revenue, USD Billion; 2021–2028)
Demand Response Management
Fleet & asset Management
Renewable Energy Management
Precision Drilling
Demand forecasting
Infrastructure Management
Others
To access the full coverage of the global Artificial Intelligence in Energy market report , visit @https://www.emergenresearch.com/industry-report/artificial-intelligence-in-energy-market
Regional Analysis:
Regional analysis includes an in-depth study of the key geographic regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional The analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on types & applications
Chapter 9: Current and Future Trends
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