What is the market size for the artificial intelligence in renewable energy?

The Market is expected to grow by $ 6127.3 mn in 2025-2029. <a href='https://www.technavio.com/report/artificial-intelligence-in-renewable-energy-market-industry-analysis'>Read More</a>

What is the CAGR for the artificial intelligence in renewable energy?

22% CAGR with $ 6127.3 mn Momentum. <a href='https://www.technavio.com/report/artificial-intelligence-in-renewable-energy-market-industry-analysis'>Read More</a>

What is the growth rate of the Artificial Intelligence In Renewable Energy market?

22% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/artificial-intelligence-in-renewable-energy-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Artificial Intelligence In Renewable Energy market?

APAC with 46% of the market growth. <a href='https://www.technavio.com/report/artificial-intelligence-in-renewable-energy-market-industry-analysis'>Read More</a>

Who are the prominent players in the Artificial Intelligence In Renewable Energy market?

ABB Ltd., Aegeus Technologies, ALFA VENTURES, Alphabet Inc., E.ON SE, GE Vernova Inc., GPS Renewables Pvt. Ltd., International Business Machines Corp., Microsoft Corp., Prescinto .... <a href='https://www.technavio.com/report/artificial-intelligence-in-renewable-energy-market-industry-analysis'>Read More</a>

Artificial Intelligence Market In Renewable Energy Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, US, India, Germany, Japan, UK, Australia, France, Brazil, Spain - Size and Forecast 2025-2029

Published: Dec 2024
Pages: 221
SKU: IRTNTR80504

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Artificial Intelligence Market In Renewable Energy Size 2025-2029

The artificial intelligence market in renewable energy size is forecast to increase by USD 6.13 billion at a CAGR of 22% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for sustainable and eco-friendly energy sources. Key trends in this market include the launch of innovative technologies and solutions to improve energy efficiency and reduce carbon emissions. However, high initial investment costs remain a challenge for market growth. Artificial Intelligence (AI) is playing an essential role in optimizing production and distribution. AI algorithms enable predictive maintenance of renewable energy infrastructure, improve energy storage systems, and enhance grid management. The integration of AI in renewable energy systems is expected to increase efficiency, reduce operational costs, and ensure a stable energy supply. Despite these benefits, the implementation requires substantial investment and technical expertise.

What will be the Size of the Market During the Forecast Period?

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1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation

2.3 Factors of disruption
- Overview on factors of disruption

2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Artificial Intelligence Market In Renewable Energy 2019 - 2023
- Historic Market Size - Data Table on Global Artificial Intelligence Market In Renewable Energy 2019 - 2023 ($ million)

5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)

5.3 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)

5.4 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.5 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on the Global Artificial Intelligence Market in Renewable Energy

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)

8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

8.3 Grid management - Market size and forecast 2024-2029
- Chart on Grid management - Market size and forecast 2024-2029 ($ million)
- Data Table on Grid management - Market size and forecast 2024-2029 ($ million)
- Chart on Grid management - Year-over-year growth 2024-2029 (%)
- Data Table on Grid management - Year-over-year growth 2024-2029 (%)

8.4 Energy demand forecasting - Market size and forecast 2024-2029
- Chart on Energy demand forecasting - Market size and forecast 2024-2029 ($ million)
- Data Table on Energy demand forecasting - Market size and forecast 2024-2029 ($ million)
- Chart on Energy demand forecasting - Year-over-year growth 2024-2029 (%)
- Data Table on Energy demand forecasting - Year-over-year growth 2024-2029 (%)

8.5 Predictive maintenance - Market size and forecast 2024-2029
- Chart on Predictive maintenance - Market size and forecast 2024-2029 ($ million)
- Data Table on Predictive maintenance - Market size and forecast 2024-2029 ($ million)
- Chart on Predictive maintenance - Year-over-year growth 2024-2029 (%)
- Data Table on Predictive maintenance - Year-over-year growth 2024-2029 (%)

8.6 Energy storage and optimization - Market size and forecast 2024-2029
- Chart on Energy storage and optimization - Market size and forecast 2024-2029 ($ million)
- Data Table on Energy storage and optimization - Market size and forecast 2024-2029 ($ million)
- Chart on Energy storage and optimization - Year-over-year growth 2024-2029 (%)
- Data Table on Energy storage and optimization - Year-over-year growth 2024-2029 (%)

8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

8.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

9 Market Segmentation by End-user

9.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)

9.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

9.3 Generation - Market size and forecast 2024-2029
- Chart on Generation - Market size and forecast 2024-2029 ($ million)
- Data Table on Generation - Market size and forecast 2024-2029 ($ million)
- Chart on Generation - Year-over-year growth 2024-2029 (%)
- Data Table on Generation - Year-over-year growth 2024-2029 (%)

9.4 Distribution - Market size and forecast 2024-2029
- Chart on Distribution - Market size and forecast 2024-2029 ($ million)
- Data Table on Distribution - Market size and forecast 2024-2029 ($ million)
- Chart on Distribution - Year-over-year growth 2024-2029 (%)
- Data Table on Distribution - Year-over-year growth 2024-2029 (%)

9.5 Transmission - Market size and forecast 2024-2029
- Chart on Transmission - Market size and forecast 2024-2029 ($ million)
- Data Table on Transmission - Market size and forecast 2024-2029 ($ million)
- Chart on Transmission - Year-over-year growth 2024-2029 (%)
- Data Table on Transmission - Year-over-year growth 2024-2029 (%)

9.6 Consumption - Market size and forecast 2024-2029
- Chart on Consumption - Market size and forecast 2024-2029 ($ million)
- Data Table on Consumption - Market size and forecast 2024-2029 ($ million)
- Chart on Consumption - Year-over-year growth 2024-2029 (%)
- Data Table on Consumption - Year-over-year growth 2024-2029 (%)

9.7 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Geographic Landscape

11.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

11.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

11.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

11.5 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

11.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

11.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

11.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

11.9 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

11.10 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

11.11 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

11.12 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

11.13 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

11.14 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)

11.15 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

11.16 Spain - Market size and forecast 2024-2029
- Chart on Spain - Market size and forecast 2024-2029 ($ million)
- Data Table on Spain - Market size and forecast 2024-2029 ($ million)
- Chart on Spain - Year-over-year growth 2024-2029 (%)
- Data Table on Spain - Year-over-year growth 2024-2029 (%)

11.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)

11.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers

12.2 Market challenges

12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview

13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

13.3 Landscape disruption
- Overview on factors of disruption

13.4 Industry risks
- Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
- Companies covered

14.2 Company ranking index
- Company ranking index

14.3 Market positioning of companies
- Matrix on companies position and classification

14.4 ABB Ltd.
- ABB Ltd. - Overview
- ABB Ltd. - Business segments
- ABB Ltd. - Key news
- ABB Ltd. - Key offerings
- ABB Ltd. - Segment focus
- SWOT

14.5 Aegeus Technologies
- Aegeus Technologies - Overview
- Aegeus Technologies - Product / Service
- Aegeus Technologies - Key offerings
- SWOT

14.6 ALFA VENTURES
- ALFA VENTURES - Overview
- ALFA VENTURES - Product / Service
- ALFA VENTURES - Key offerings
- SWOT

14.7 Alphabet Inc.
- Alphabet Inc. - Overview
- Alphabet Inc. - Business segments
- Alphabet Inc. - Key offerings
- Alphabet Inc. - Segment focus
- SWOT

14.8 E.ON SE
- E.ON SE - Overview
- E.ON SE - Business segments
- E.ON SE - Key offerings
- E.ON SE - Segment focus
- SWOT

14.9 GE Vernova Inc.
- GE Vernova Inc. - Overview
- GE Vernova Inc. - Product / Service
- GE Vernova Inc. - Key offerings
- SWOT

14.10 GPS Renewables Pvt. Ltd.
- GPS Renewables Pvt. Ltd. - Overview
- GPS Renewables Pvt. Ltd. - Product / Service
- GPS Renewables Pvt. Ltd. - Key offerings
- SWOT

14.11 International Business Machines Corp.
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key news
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Segment focus
- SWOT

14.12 Microsoft Corp.
- Microsoft Corp. - Overview
- Microsoft Corp. - Business segments
- Microsoft Corp. - Key news
- Microsoft Corp. - Key offerings
- Microsoft Corp. - Segment focus
- SWOT

14.13 Prescinto Technologies
- Prescinto Technologies - Overview
- Prescinto Technologies - Product / Service
- Prescinto Technologies - Key offerings
- SWOT

14.14 REConnect Energy
- REConnect Energy - Overview
- REConnect Energy - Product / Service
- REConnect Energy - Key offerings
- SWOT

14.15 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT

14.16 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT

14.17 Skilancer Solar
- Skilancer Solar - Overview
- Skilancer Solar - Product / Service
- Skilancer Solar - Key offerings
- SWOT

14.18 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key news
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus
- SWOT

15 Appendix

15.1 Scope of the report

15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

15.3 Currency conversion rates for US$
- Currency conversion rates for US$

15.4 Research methodology
- Research methodology

15.5 Data procurement
- Information sources

15.6 Data validation
- Data validation

15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

15.8 Data synthesis
- Data synthesis

15.9 360 degree market analysis
- 360 degree market analysis

15.10 List of abbreviations
- List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES