Artificial Intelligence Market in Energy & Utilities: Forecast (2017 - 2022)

collected by :Victor Alphen

As it stated in LONDON, Nov. 20, 2017 /PRNewswire/ -- Artificial Intelligence (AI) is described as the ability of a machine to perform real time tasks at a level of human expert. Energy and utilities sector constitute for the industries such as petroleum, Oil & Gas, power generation and others involved in the production and distribution of energy. This report on Artificial Intelligence in Energy & Utilities segmented the market by type and application. The market is further segmented by type as products and services that are specific in providing AI to energy and utilities sector. The methodology followed in estimating the Artificial Intelligence market in Energy & Utilities involved demand in various applications.


China Is The World's Biggest Energy Market Mover

However you look at it, China has become the most dominant player on several markets, including coal, oil, and renewable energy, plus electric cars—it is already the biggest car market in the world. Related: China's Mysterious Arctic Silk RoadIn the period until 2040, China, along with India, will be the primary reason for solar power becoming the dominant source of low-carbon energy. No wonder, since electricity demand in China will grow by 3,910 Twh until 2040, the highest growth globally. Leader in electricity consumption, leader in solar power and in future EV sales according to most observers, and leader in primary energy demand. That's China.

China Is The World's Biggest Energy Market Mover

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