Artificial intelligence makes the machines to perform human-like tasks

Posted by Venkatesh on August 28th, 2018

According to the new market research report by IndustryARC titled “Artificial Intelligence in Energy & Utilities Market: By Type (Products & Services); By Application (Robotics, Renewables Management, Demand Forecasting, Safety & Security and Infrastructure and Others); & By Geography - (2018-2023)”, the market is driven by the rapid demand for power and dearth of information grid in power generation.

Americas hold the largest market share in the AI in Energy & Utilities Market

Americas region holds the largest market share in the Artificial Intelligence (AI) in Energy & Utilities Market. However, APAC witnesses highest growth during the forecast periodArtificial Intelligence in Energy and Utilities Market is driven by vast range of energy production in nations like the U.S and Brazil. The key applications in the region include Robotics and Demand forecasting among others.

Selected Value Chain Analysis Done in the Full Report

• 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.

Talk to one of our sales representative about the full report by providing your details in the below link:

https://industryarc.com/support.php?id=17916

Selected Driving Factors Mentioned in the Full Report

• The global Energy & Utilities sector reportedly invested .3 million in AI in the past one year.

• As per IndustryARC findings, the majority of utilities companies invested to million in Artificial Intelligence and believe that this technology will upsurge their sales.

• Half of the companies involved in Energy and Utilities already bestowed training to their employees on AI related and other big data frameworks while the remaining are showing signs of interest to move towards AI.

Key Players of AI in Energy & Utilities Market:

General Electric, Siemens AG, and OpenEnergi are considered as top players of Artificial Intelligence in Energy and Utilities Market

M&As

In 2017, GE acquired Baker Hughes and merged it with GE Oil and Gas to form Baker Hughes a GE company.

AI in Energy & Utilities Market Report is segmented as indicated below:

1. AI in Energy & Utilities Market By Type:

   1. Products

   2. Services

2. AI in Energy & Utilities Market By Application:

1. Robotics

2. Renewables Management

3. Demand Forecasting

4. Safety & Security

5. Infrastructure

6. Others

3. AI in Energy & Utilities Market By Geography (Covers 12 + Countries)

4. AI in Energy & Utilities Market Entropy

Companies Cited/Referenced/Interviewed:

1. ZenRobotics Ltd. (Finland)

2. Atos SE (France)

3. SmartCloud, Inc. (U.S.)

4. Alpiq (Switzerland)

5. Hazama Ando Corporation (Japan)

6. Company 6

7. Company 7

8. Company 8

9. Company 9

10. Company 10

More than 10 companies are covered in this report

What can you expect from the report?

The AI in Energy & Utilities Market is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories

2. Market trends

3. Manufacturer Landscape

4. Distributor Landscape

5. Pricing Analysis

6. Top 10 End user Analysis

7. Product Benchmarking

8. Product Developments

9. Mergers & Acquisition Analysis

10. Patent Analysis

11. Demand Analysis (By Revenue & Volume)

12. Country level Analysis (15+)

13. Competitor Analysis

14. Market Shares Analysis

15. Value Chain Analysis

16. Supply Chain Analysis

17. Strategic Analysis

18. Current & Future Market Landscape Analysis

19. Opportunity Analysis

20. Revenue and Volume Analysis

FAQs:

Does IndustryARC publish country, geography or application based reports in AI in Energy & Utilities Market?

Yes, we do have separate reports as mentioned below:

1. 1. Americas Market for AI in Energy & Utilities (2018-2023)

   2. Europe Market for AI in Energy & Utilities (2018-2023)

   3. APAC Market for AI in Energy & Utilities (2018-2023)

   4. RoW Market for AI in Energy & Utilities (2018-2023)

   5. Products Market for AI in Energy & Utilities (2018-2023)

   6. Services Market for AI in Energy & Utilities (2018-2023)

   7. Robotics Market for AI in Energy & Utilities (2018-2023)

   8. Renewables Management Market for AI in Energy & Utilities (2018-2023)

   9. Demand Forecasting Market for AI in Energy & Utilities (2018-2023)

   10. Safety & Security Market for AI in Energy & Utilities (2018-2023)

Does IndustryARC customize these reports and charge additionally for limited customization?

Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. 1. 1. Increase the level of data in application or end user industry.
      2. Increase the number of countries in geography chapter.
      3. Find out market shares for other smaller companies or companies which are of interest to you.
      4. Company profiles can be requested based on your interest.
      5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to sales@industryarc.com to learn more about our consulting services.

Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
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About IndustryARC:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life sciences &Healthcare.

IndustryARC primarily focuses on cutting-edge technologies and newer applications in a market. Our custom research services are designed to provide insights on the constant flux in the global supply–demand gap of markets. Our strong team of analysts enables us to meet the client’s research needs at a rapid speed and with a variety of options.

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