The Generative AI In Energy Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Generative AI In Energy Market?
The market size of generative AI in energy has experienced significant growth lately. The market will expand from $0.95 billion in 2024 to $1.21 billion in 2025, with a compounded annual growth rate (CAGR) of 26.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Generative AI In Energy Industry?
The generative AI in energy market is projected to reach $3.07 billion in 2029, growing at a compound annual growth rate (CAGR) of 26.3%.
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What are the Key Growth Drivers Fueling the Generative AI In Energy Market?
The key drivers in the generative ai in energy market are:
• Rising demand for enhanced accuracy in electricity distribution
• Growing focus on customer engagement in the energy sector
• Increased adoption of renewable energy sources like solar and wind
• Escalating need for asset management in the industry
Global Market Segmentation: Identifying Major Generative AI In Energy Industry Segments
The generative AI in energy market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Application: Demand Forecasting, Renewable Energy Output Forecasting, Grid Management And Optimization, Energy Trading And Pricing, Customer Offerings, Energy Storage Optimization, Other Applications
3) By End User: Energy Transmission, Energy Generation, Energy Distribution, Utilities, Other End Users
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What are the Emerging Trends Shaping the Future of the Generative AI In Energy Market?
The key trends in the generative ai in energy market are:
• The trend of real-time forecasting is shaping the future of the Generative AI in Energy market.
• Dynamic adaptation and optimization are emerging as significant trends.
• There is an increasingly predominant role of enhanced predictive analytics.
• The integration of advanced data sources is an upcoming trend.
Who Are the Top Competitors & Leading Players in the Generative AI In Energy Market?
Major companies in the generative ai in energy market are:
• Google LLC
• Microsoft Corporation
• Engie SA
• Enel Green Power S.p.A.
• Huawei Technologies Co. Ltd
• Amazon Web Services Inc
• Siemens AG
• General Electric Company
• Intel Corporation
• International Business Machines Corporation
• Deloitte Touche Tohmatsu Limited
• Cisco Systems Inc
• Schneider Electric SE
• Honeywell International Inc.
• Flex Ltd
• ABB Ltd
• Duke Energy Corporation
• Nvidia Corporation
• Atos SE
• Zen Robotics Ltd
• Freshworks Inc.
• C3 AI Inc
• Databricks Inc
• AppOrchid Inc
• Verdigris Technologies
• Ecube Labs Co. Ltd
• Bidgely Inc
Regional Dominance: Which Area Leads the Global Generative AI In Energy Market?
North America was the largest region in the generative AI in energy market in 2024
