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AI in Energy Market: Size, Share, Competitive Landscape and Trend Analysis (2025-2032)
The AI in Energy Market Size Was Valued at USD 9.2 Billion In 2024, and the Total AI in Energy Revenue Is Expected to grow at A CAGR of 40.2% from 2025 to 2032, Reaching Nearly USD 137.33 billion.
Format : PDF | Report ID : SMR_2853
AI in Energy Market Overview:
AI in energy is application of artificial intelligence technologies in the energy sector to optimize the production, distribution, and consumption of energy resources. By leveraging machine learning, predictive analytics, and real-time data processing, energy companies can enhance grid management, forecast energy demand, and improve operational efficiencies.
The development of software tools and cloud services has become the regular in the industry due to their use in energy control, predicting energy needs, automatic maintenance tasks and smart grid models. The use of AI in Energy market is experiencing quick growth because of a number of main market forces. More interest in using renewable energy is important, because AI is able to accurately project and control renewable electricity and manage battery storage to assist in keeping supply and demand nearly equal for 60-80% of the time.
In terms of Ai in Energy market segmentation, AI solutions are expected to dominate by type in 2024, as customers seek 56% more efficient and eco-friendly energy use. Renewables Management is predicted to dominate applications in 2024 (67%), with infrastructure showing the fastest growth. The Utilities segment is set to lead end-users in 2024, with AI increasing performance efficiency and environmental soundness by 80-90%.
Regionally, North America maintains its dominance, contributing 35-40% of the total market in 2024, fueled by strong technological advancement, significant investment, and advanced digital infrastructure. The competitive landscape includes key players like General Electric (with C3.ai), Schneider Electric (acquiring AVEVA), and collaborations such as Adnoc, Group 42, Hub71, and Siemens AG, all focusing on enhancing AI in energy for efficiency and sustainability. This market outlook highlights a dynamic industry trend driven by technological innovation and environmental pressures.
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AI in Energy Market Dynamics:
Rising Demand for Renewable Energy Integration to Boost AI in Energy Market growth
There is a growing demand for solar and wind energy which is pushing AI growth in the energy industry. But Renewable energy depends on the weather, causing their production to fluctuate. AI helps by correctly projecting both renewable generation and the expected energy need. It helps in balancing the 60-80% amount of energy supplied and used and also improves the management of batteries. As a result, AI makes it simpler to use renewable energy and connect it with existing networks, aiding the move to a greener energy world.
Developments in IoT and big data analytics to create opportunities for AI in Energy market
The use of IoT and big data analytics is making AI more important in the energy sector. With smart meters, power plants and grids as their guides, IoT devices gather a huge amount of data continuously. Big data analytics is able to deal with and keep all the valuable information that has been collected. Analysed data makes it possible for AI to predict energy demand accurately, direct electricity in the most efficient 30-60% path and predict when equipment will need to be serviced. These technologies working together result in fewer fossil fuels being used, more efficient ways to manage energy and increased resistance to problems.
AI in Energy Market Segment Analysis:
Based on Type, AI in Energy market is segmented into Solutions and Services. Solution segment dominated the market in 2024 and is expected to hold the largest market share over the forecast period. AI solutions are rapidly expanding in the energy sector as more customers look for ways to make energy use 56% more efficient and friendly to the environment. AI is used in predicting maintenance needs, running smart grids and enhancing the efficiency of using renewable energy, thus saving money in different industries.
Based on the Applications, AI in Energy market is segmented into Robotics, Renewables Management, Demand Forecasting, Safety & Security & Infrastructure, Others, Renewables Management segment dominated the market in 2024 and is expected to hold the largest AI in Energy Market share over the forecast period. Big data and artificial intelligence both help in managing and estimating 67% the demand for renewable energy. Over the forecast period, this area will directly influence the growth of artificial intelligence (AI). During the forecast period, the infrastructure sector is predicted to experience the most rapid growth. An increase in the use of artificial intelligence (AI) in renewable energy is being driven by increasing government investments in infrastructure.
Based on End-user, AI in Energy market is segmented into Energy Generation, Energy Transmission, Energy Distribution, Utilities, and Others, Utilities segment dominated the market in 2024. due to the use of AI increased the performance in 80-90% efficiency and the environmental soundness of power systems. The Utilities segment takes up most of the market due to growing pressure from climate change as well as the growing use of renewable energy. Thanks to AI, utilities address these problems by making energy routes more efficient and giving useful data insights.
AI in Energy market Regional Analysis:
Rising technological advancements in North America to dominate AI in Energy market over the forecast period
North America held largest AI in Energy market share regionally, contributing 35-40% of the total market in 2024. North America consist of world-class tech companies and universities that support important AI research and innovation. A lot of investment and funding is necessary to produce new AI tools for the energy industry. The strong digital foundation in North America such as advanced cloud computing, helps handle the large data sets AI uses. Energy companies in China are eager to use these fresh technologies which speeds up the development of AI for smart grids and other renewable energy sources.
AI in Energy market Competitive Landscape:
C3.ai, which reported a 26% year-over-year revenue growth for its fiscal in 2025, specializing in enterprise AI applications for sectors including energy, with significant strategic alliances. AutoGrid focuses on AI for real-time energy trading, enabling utilities to achieve a 25% increase in profitability. SparkCognition, an industrial AI leader, boasts a 90% year-over-year revenue increase and a 65% valuation in 2024 by providing comprehensive AI solutions. Uplight, with an estimated annual revenue of 60-80% partners with energy providers for decarbonization. DataRobot offers AI solutions for energy, including anomaly detection and predictive maintenance.
AI in Energy market Key development:
- January 23, 2023: C3 AI's Generative AI Product Suite Launch.
C3 AI unveiled C3 Generative AI Products and kicked off with the launch of C3 Generative AI for Enterprise Search. Thanks to its advanced transformer models, this suite makes it easier to use various features across chains for potential applications in the energy sector to make data analysis and management better.
- August 5, 2024: Wintershall Dea and IBM Consulting Establish AI Center of Competence
Wintershall Dea and IBM Consulting teamed up to open an AI Center of Competence which will be based in Munich. This partnership aims to help Wintershall Dea manage its operations well by using AI, since the company is focusing on gas and carbon management
- May 12, 2025: ArcusAI Introduces New AI-powered Platform for Grid Interconnection
Startup ArcusAI in Phoenix unveiled a new tool powered by AI that should greatly improve the process of connecting large loads such as data centers and solar farms, to the grid. It helps to overcome a major issue in adding renewable energies to the network.
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AI in Energy Market Scope |
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Market Size in 2024 |
USD 9.2 billion |
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Market Size in 2032 |
137.33 billion. |
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CAGR (2024-2032) |
40.2% |
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Historic Data |
2019-2024 |
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Base Year |
2024 |
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Forecast Period |
2025-2032 |
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Segments |
By Type Solutions Services |
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By Application Robotics Renewables Management Demand Forecasting Safety & Security & Infrastructure Others |
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By End Use Energy Generation Energy Transmission Energy Distribution Utilities Others |
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Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and the Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, Taiwan, Philippines, Indonesia, Vietnam, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
AI In Energy Market Key Players:
North America
- C3.ai (USA)
- AutoGrid (USA)
- SparkCognition (USA)
- Uplight (USA)
- DataRobot (USA)
Europe
- Siemens AG (Germany)
- Schneider Electric (France)
- Iberdrola (Spain)
- Tibber (Sweden)
- Samotics (Netherlands)
Asia Pacific
- Envision Digital (Singapore)
- Hitachi Energy (Switzerland - though with significant operations and impact in APAC)
- SenseTime (China)
- Fujitsu (Japan)
- ReNew Energy (India)
Middle East and Africa
- AIQ (UAE)
- Saudi Aramco (Saudi Arabia)
- Ignite Power (Rwanda)
- Bahrain Petroleum Company (BAPCO) (Bahrain)
- Sasol (South Africa)
South America
- GreenAnt (Brazil)
- Suncast (Chile)
- ARIX (Chile)
- L1 SmartSolutions (Brazil)
- Enovate (USA - though with significant operations and focus in South American oil & gas)
Frequently Asked Questions
The Global AI in energy Market size was USD 9.2 billion in 2024.
The North America region held the highest share in 2024.
1. Global AI in Energy Market Introduction
1.1. Study Assumptions and Market Definition
1.2. Scope of the Study
1.3. Executive Summary
2. Global AI in Energy Market: Competitive Landscape
2.1. SMR Competition Matrix
2.2. Key Players Benchmarking
2.2.1. Company Name
2.2.2. Product Segment
2.2.3. End-user Segment
2.2.4. Revenue (2024)
2.2.5. Geographical Presence
2.3. Market Structure
2.3.1. Market Leaders
2.3.2. Market Followers
2.3.3. Emerging Players
2.4. Mergers and Acquisitions Details
3. Global AI in Energy Market: Dynamics
3.1. AI in Energy Market Trends
3.2. AI in Energy Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
3.3. PORTER’s Five Forces Analysis
3.4. PESTLE Analysis
3.5. Regulatory Landscape by Region
3.6. Key Opinion Leader Analysis for the Global Industry
3.7. Analysis of Government Schemes and Initiatives for Industry
4. Global AI in Energy Market: Global Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
4.1. Global AI in Energy Market Size and Forecast, By Types (2024-2032)
4.1.1. Solutions
4.1.2. Services
4.2. Global AI in Energy Market Size and Forecast, By Application (2024-2032)
4.2.1. Robotics
4.2.2. Renewables Management
4.2.3. Demand Forecasting
4.2.4. Safety & Security & Infrastructure
4.2.5. Others
4.3. Global AI in Energy Market Size and Forecast, End Use (2024-2032)
4.3.1. Energy Generation
4.3.2. Energy Transmission
4.3.3. Energy Distribution
4.3.4. Utilities
4.3.5. Others
4.4. Global AI in Energy Market Size and Forecast, By Region (2024-2032)
4.4.1. North America
4.4.2. Europe
4.4.3. Asia Pacific
4.4.4. Middle East & Africa
4.4.5. South America
5. North America AI in Energy Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
5.1. North America AI in Energy Market Size and Forecast, By Types (2024-2032)
5.1.1. Solutions
5.1.2. Services
5.2. North America AI in Energy Market Size and Forecast, By Application (2025- 2032)
5.2.1. Robotics
5.2.2. Renewables Management
5.2.3. Demand Forecasting
5.2.4. Safety & Security & Infrastructure
5.2.5. Others
5.2.6. North America AI in Energy Market Size and Forecast, End User (2024-2032)
5.2.7. Energy Generation
5.2.8. Energy Transmission
5.2.9. Energy Distribution
5.2.10. Utilities
5.2.11. Others
5.3. North America AI in Energy Market Size and Forecast, by Country (2024-2032)
6. United States
6.1. United States AI in energy market Size and designing & engineering, By Type (2025-2032
6.1.1. Solutions
6.1.2. Services
6.2. United States AI in Energy Market Size and Forecast, By Application 2025-2032)
6.2.1. Robotics
6.2.2. Renewables Management
6.2.3. Demand Forecasting
6.2.4. Safety & Security & Infrastructure
6.2.5. Others
6.3. United States AI in Energy Market Size and Forecast End User( 2025-2032)
6.3.1. Energy Generation
6.3.2. Energy Transmission
6.3.3. Energy Distribution
6.3.4. Utilities
6.3.5. Others
7. Canada
7.1. Canada AI in Energy Market Size and Forecast, By Types (2024-2032)
7.1.1. Solutions
7.1.2. Services
7.2. Canada AI in Energy Market Size and Forecast, By Application (2024-2032)
7.2.1. Robotics
7.2.2. Renewables Management
7.2.3. Demand Forecasting
7.2.4. Safety & Security & Infrastructure
7.2.5. Others
7.3. Canada AI in Energy Market Size and Forecast End User(2024-2032)
7.3.1. Energy Generation
7.3.2. Energy Transmission
7.3.3. Energy Distribution
7.3.4. Utilities
7.3.5. Others
8. Mexico
8.1. Mexico AI in Energy Market Size and Forecast, By Types (2024-2032)
8.1.1. Solutions
8.1.2. Services
8.2. Mexico AI in Energy Market Size and Forecast, By Application (2024-2032)
8.2.1. Robotics
8.2.2. Renewables Management
8.2.3. Demand Forecasting
8.2.4. Safety & Security & Infrastructure
8.2.5. Others
8.3. Mexico AI in Energy Market Size and Forecast, End User (2024-2032)
8.3.1. Energy Generation
8.3.2. Energy Transmission
8.3.3. Energy Distribution
8.3.4. Utilities
8.3.5. Others
9. Europe AI in Energy Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
9.1. Europe AI in Energy Market Size and Forecast, By Types (2024-2032)
9.2. Europe AI in Energy Market Size and Forecast, By Applications (2024-2032)
9.3. Europe AI in Energy Market Size and Forecast End User(2024-2032)
9.4. Europe AI in Energy Market Size and Forecast, by Country (2024-2032)
9.4.1. United Kingdom
9.4.1.1. United Kingdom AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.1.2. United Kingdom AI in Energy Market Size and Forecast, By Applications (2024-2032)
9.4.1.3. United Kingdom AI in Energy Market Size and Forecast End User(2024-2032)
9.4.2. France
9.4.2.1. France AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.2.2. France AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.2.3. France AI in Energy Market Size and Forecast, By End Users (2024-2032)
9.4.3. Germany
9.4.3.1. Germany AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.3.2. Germany AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.3.3. Germany AI in Energy Market Size and Forecast, By End-Users (2024-2032)
9.4.4. Italy
9.4.4.1. Italy AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.4.2. Italy AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.4.3. Italy AI in Energy Market Size and Forecast, By End-Users (2024-2032)
9.4.5. Spain
9.4.5.1. Spain AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.5.2. Spain AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.5.3. Spain AI in Energy Market Size and Forecast, By End-Users (2024-2032)
9.4.6. Sweden
9.4.6.1. Sweden AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.6.2. Sweden AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.6.3. Sweden AI in Energy Market Size and Forecast, By End-Users (2024-2032)
9.4.7. Russia
9.4.7.1. Russia AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.7.2. Russia AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.7.3. Russia AI in Energy Market Size and Forecast, By End-Users (2024-2032)
9.4.8. Rest of Europe
9.4.8.1. Rest of Europe AI in Energy Market Size and Forecast, By Types (2024-2032)
9.4.8.2. Rest of Europe AI in Energy Market Size and Forecast, By Application (2024-2032)
9.4.8.3. Rest of Europe AI in Energy Market Size and Forecast, By End-Users (2024-2032)
10. Asia Pacific AI in Energy Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
10.1. Asia Pacific AI in Energy Market Size and Forecast, By Types (2024-2032)
10.2. Asia Pacific Global AI in Energy Market Size and Forecast, By Application (2024-2032)
10.3. Asia Pacific AI in energy Market Size and Forecast, By End user (2024-2032)
10.4. Asia Pacific AI in Energy Market Size and Forecast, by Country (2024-2032)
10.4.1. China
10.4.1.1. China AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.1.2. China AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.1.3. China AI in Energy Market Size and Forecast End User(2024-2032)
10.4.2. S Korea
10.4.2.1. South Korea AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.2.2. South Korea AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.2.3. South Korea AI in Energy Market Size and Forecast, By End-User (2024-2032)
10.4.3. Japan
10.4.3.1. Japan AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.3.2. Japan AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.3.3. Japan AI in Energy Market Size and Forecast End User(2024-2032)
10.4.4. India
10.4.4.1. India AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.4.2. India AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.4.3. India AI in Energy Market Size and Forecast End User(2024-2032)
10.4.5. Australia
10.4.5.1. Australia AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.5.2. Australia AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.5.3. Australia AI in Energy Market Size and Forecast End User(2024-2032)
10.4.6. Indonesia
10.4.6.1. Indonesia AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.6.2. Indonesia AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.6.3. Indonesia AI in Energy Market Size and Forecast End User(2024-2032)
10.4.7. Philippines
10.4.7.1. Philippines AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.7.2. Philippines AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.7.3. Philippines AI in Energy Market Size and Forecast End User(2024-2032)
10.4.8. Malaysia
10.4.8.1. Malaysia AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.8.2. Malaysia AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.8.3. Malaysia AI in Energy Market Size and Forecast End User(2024-2032)
10.4.9. Vietnam
10.4.9.1. Vietnam AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.9.2. Vietnam AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.9.3. Vietnam AI in Energy Market Size and Forecast End User(2024-2032)
10.4.10. Thailand
10.4.10.1. Thailand AI in Energy Market Size and Forecast, By Types(2024-2032)
10.4.10.2. Thailand AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.10.3. Thailand AI in Energy Market Size and Forecast End User (2024-2032)
10.4.11. Rest of Asia Pacific
10.4.11.1. Rest of Asia Pacific AI in Energy Market Size and Forecast, By Types (2024-2032)
10.4.11.2. Rest of Asia Pacific AI in Energy Market Size and Forecast, By Application (2024-2032)
10.4.11.3. Rest of Asia Pacific AI in Energy Market Size and Forecast End User(2024-2032)
11. Middle East and Africa AI in Energy Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
11.1. Middle East and Africa AI in Energy Market Size and Forecast, By Types (2024-2032)
11.2. Middle East and Africa AI in Energy Market Size and Forecast, By Application (2024-2032)
11.3. Middle East and Africa AI in Energy Market Size and Forecast End User(2024-2032)
11.4. Middle East and Africa AI in Energy Market Size and Forecast, by Country (2024-2032)
11.4.1. South Africa
11.4.1.1. South Africa AI in Energy Market Size and Forecast, By Types (2024-2032)
11.4.1.2. South Africa Global AI in Energy Market Size and Forecast, By Application (2024-2032)
11.4.1.3. South Africa AI in Energy Market Size and Forecast End User(2024-2032)
11.4.2. GCC
11.4.2.1. GCC AI in Energy Market Size and Forecast, By Types (2024-2032)
11.4.2.2. GCC AI in Energy Market Size and Forecast, By Application(2024-2032)
11.4.2.3. GCC AI in Energy Market Size and Forecast, By End-User (2024-2032)
11.4.3. Nigeria
11.4.3.1. Nigeria AI in Energy Market Size and Forecast, By Types (2024-2032)
11.4.3.2. Nigeria AI in Energy Market Size and Forecast, By Application (2024-2032)
11.4.3.3. Nigeria AI in Energy Market Size and Forecast End User(2024-2032)
11.4.4. Rest of ME&A
11.4.4.1. Rest of ME&A AI in Energy Market Size and Forecast, By Types (2024-2032)
11.4.4.2. Rest of ME&A AI in Energy Market Size and Forecast, By Application (2024-2032)
11.4.4.3. Rest of ME&A AI in Energy Market Size and Forecast End User (2024-2032)
12. South America AI in Energy Market Size and Forecast by Segmentation (by Value USD Billion) (2024-2032)
12.1. South America AI in Energy Market Size and Forecast, By Types (2024-2032)
12.2. South America AI in Energy Market Size and Forecast, By Application (2024-2032)
12.3. South America AI in Energy Market Size and Forecast End User (2024-2032)
12.4. South America AI in Energy Market Size and Forecast, by Country (2024-2032)
12.4.1. Brazil
12.4.1.1. Brazil AI in Energy Market Size and Forecast, By Types (2024-2032)
12.4.1.2. Brazil AI in Energy Market Size and Forecast, By Application (2024-2032)
12.4.1.3. Brazil AI in Energy Market Size and Forecast End User (2024-2032)
12.4.2. Argentina
12.4.2.1. Argentina AI in Energy Market Size and Forecast, By Types (2024-2032)
12.4.2.2. Argentina AI in Energy Market Size and Forecast, By Application (2024-2032)
12.4.2.3. Argentina AI in energy Market Size and Forecast, Ends -user (2024-2032)
12.4.3. Colombia
12.4.3.1. Colombia AI in Energy Market Size and Forecast, By Service Type (2024-2032)
12.4.3.2. Colombia AI in Energy Market Size and Forecast, By Application (2024-2032)
12.4.3.3. Colombia AI in Energy Market Size and Forecast End User (2024-2032)
12.4.4. Chile
12.4.4.1. Chile AI in Energy Market Size and Forecast, By Service Type (2024-2032)
12.4.4.2. Chile AI in Energy Market Size and Forecast, By Application (2024-2032)
12.4.4.3. Chile AI in Energy Market Size and Forecast, By End-Users (2024-2032)
12.4.5. Rest Of South America
12.4.5.1. Rest of South America AI in Energy Market Size and Forecast, By Type (2024-2032)
12.4.5.2. Rest of South America AI in Energy Market Size and Forecast, By Application (2024-2032)
12.4.5.3. Rest of South America AI in Energy Market Size and Forecast End User(2024-2032)
13. Company Profile: Key Players
13.1. C3.ai
13.1.1. Company Overview
13.1.2. Business Portfolio
13.1.3. Financial Overview
13.1.4. SWOT Analysis
13.1.5. Strategic Analysis
13.1.6. Recent Developments
13.2. Sony MuAutoGrid
13.3. SparkCognition
13.4. Uplight
13.5. DataRobot
13.6. Siemens AG
13.7. Schneider Electric
13.8. Iberdrola
13.9. Tibber
13.10. Samotics
13.11. Envision Digital
13.12. Hitachi Energy
13.13. SenseTime
13.14. Fujitsu
13.15. ReNew Energy
13.16. AIQ
13.17. Saudi Aramco
13.18. Ignite Power
13.19. Bahrain Petroleum Company (BAPCO)
13.20. Sasol
13.21. GreenAnt
13.22. Suncast
13.23. ARIX
13.24. L1 SmartSolutions
13.25. Enovate
14. Key Findings & Analyst Recommendations
15. AI in Energy Market: Research Methodology
