市場調查報告書
商品編碼
1541127
2024-2032 年公用事業和能源分析市場報告(按類型、部署、應用、垂直行業和地區)Utility and Energy Analytics Market Report by Type, Deployment, Application, Vertical, and Region 2024-2032 |
IMARC Group年,全球公用事業和能源分析市場規模達到 34 億美元。對最大化電網和負載效率的不斷成長的需求以及不斷成長的電力需求正在推動市場成長。
主要市場促進因素:由於商業、家庭和工業應用的飲用水消耗量不斷增加,智慧水錶的使用量不斷增加,為整個市場做出了貢獻。
主要市場趨勢:主要參與者正在提供可以測量資產資訊的解決方案,包括維護記錄、資料歷史記錄、操作條件等,這正在加強市場成長。此外,它們還提供對營運的深入見解,幫助公用事業公司從成本高昂的基於時間的資產管理轉向更明智、基於可靠性的方法。
競爭格局:全球市場上一些知名的公司包括 ABB Ltd.、BuildingIQ Inc.、Capgemini SE、國際商業機器公司、Oracle Corporation、SAP SE、SAS Institute Inc.、Schneider Electric SE、Siemens AG、Salesforce.com Inc. 、Teradata Corporation 和TIBCO Software Inc. 等。
地理趨勢:北美在市場上表現出明顯的主導地位,因為引入了新穎的方法,這些方法對於滿足當前執行複雜歷史分析和報告的需求具有重要意義。
挑戰與機會:阻礙市場的挑戰之一是產生可行見解的不同資料來源。然而,機器學習演算法的發展將在未來幾年繼續擴大市場。
人工智慧的不斷融合
人工智慧 (AI) 和機器學習 (ML) 在公用事業和能源分析中的使用越來越多,透過實現更準確的預測和即時決策,正在改變產業。這些技術分析大量資料集來識別模式,從而使公用事業公司能夠最佳化能源分配、更準確地預測需求、檢測可能表明系統故障或效率低下的異常情況等。設備故障發生前預見到,這減少停機時間和維護成本。這反過來又提升了公用事業和能源分析市場的前景。例如,2023年10月,人工智慧電力預測領域的領導者之一Amperon Holdings, Inc.在Energize Capital領投的B輪融資中籌集了2000萬美元,以從電網資料中釋放更多價值。
增加智慧電網技術
包括智慧電錶和感測器在內的物聯網 (IoT) 設備的使用日益廣泛,正在提振市場。它們提供有關能源消耗和電網性能的即時資料。此外,這些資料使公用事業公司能夠更有效地管理和監控能源流,快速響應停電或其他問題,減少能源損失等。持續性,這正在不斷升級公用事業和能源分析市場的需求。例如,2024 年 7 月,西門子宣布與奈及利亞企業集團 PANA 基礎設施建立合作夥伴關係,透過提供電網自動化實現奈及利亞電力基礎設施的現代化。
日益關注網路安全
能源產業數位化的不斷發展加劇了保護關鍵基礎設施免受網路威脅的需求。此外,引入先進的分析工具來監控和分析網路活動、即時回應潛在的安全漏洞、偵測漏洞等,是另一個重要的成長誘導因素。此外,ABB的Ability網路安全套件和西門子的Spectrum Power等解決方案為公用事業公司提供了針對網路威脅的全面保護,使他們能夠在保持營運效率的同時保護其數位資產。這代表了公用事業和能源分析市場價格趨勢之一。
The global utility and energy analytics market size reached US$ 3.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2032, exhibiting a growth rate (CAGR) of 15.9% during 2024-2032. The rising need for maximizing grid and load efficiency, along with the inflating electricity requirements, are propelling the market growth.
Major Market Drivers: The rising usage of smart water meters, on account of the growing consumption of potable water for commercial, domestic, and industrial applications, is contributing to the overall market.
Key Market Trends: Key players are offering solutions that can measure information about an asset, including maintenance records, data history, operating conditions, etc., which is strengthening the market growth. Moreover, they also provide deep insights into operations, which aid utility companies in shifting from costly time-based asset management to a more informed, reliability-based approach.
Competitive Landscape: Some of the prominent companies in the global market include ABB Ltd., BuildingIQ Inc., Capgemini SE, International Business Machines Corporation, Oracle Corporation, SAP SE, SAS Institute Inc., Schneider Electric SE, Siemens AG, Salesforce.com Inc., Teradata Corporation, and TIBCO Software Inc., among many others.
Geographical Trends: North America exhibits a clear dominance in the market, owing to the introduction of novel approaches that are significant to meet the present need for performing complex historical analysis and reporting.
Challenges and Opportunities: One of the challenges hindering the market is the diverse data sources to generate actionable insights. However, the development of machine learning algorithms will continue to augment the market in the coming years.
Rising Integration of AI
The increasing use of artificial intelligence (AI) and machine learning (ML) in utility and energy analytics is transforming the industry by enabling more accurate predictions and real-time decision-making. These technologies analyze vast datasets to identify patterns, thereby allowing utilities to optimize energy distribution, forecast demand more accurately, detect anomalies that may indicate system failures or inefficiencies, etc. Moreover, AI-driven predictive maintenance can foresee equipment malfunctions before they occur, which reduces downtime and maintenance costs. This, in turn, is escalating the utility and energy analytics market outlook. For example, in October 2023, Amperon Holdings, Inc., one of the leaders in AI-powered electricity forecasts, raised US$ 20 Million in Series B funding led by Energize Capital to unlock more value from grid data.
Increasing Smart Grid Technologies
The growing use of the Internet of Things (IoT) devices, including smart meters and sensors, is bolstering the market. They provide real-time data on energy consumption and grid performance. Additionally, this data enables utilities to manage and monitor energy flow more efficiently, respond quickly to outages or other issues, reduce energy losses, etc. Smart grids, which integrate renewable energy sources and advanced analytics, enhance the reliability and sustainability of energy supply, which is escalating the utility and energy analytics market demand. For example, in July 2024, Siemens announced a partnership with Nigerian conglomerate PANA Infrastructure to modernize Nigeria's electric power infrastructure through the provision of grid automation.
Growing Focus on Cybersecurity
The rising digitalization of the energy sector is inflating the need to protect critical infrastructure from cyber threats. Additionally, the introduction of advanced analytics tools that monitor and analyze network activity, respond to potential security breaches in real-time, detect vulnerabilities, etc., is another significant growth-inducing factor. Furthermore, solutions like ABB's Ability Cyber Security suite and Siemens' Spectrum Power offer utilities comprehensive protection against cyber threats, enabling them to secure their digital assets while maintaining operational efficiency. This represents one of the utility and energy analytics market price trends.
IMARC Group provides an analysis of the key trends in each segment of the market, along with the utility and energy analytics market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the type, deployment, application, and vertical.
Solutions
Services
Solutions currently exhibit a clear dominance in the market
The report has provided a detailed breakup and analysis of the market based on the type. This includes solutions and services. According to the report, solutions represented the largest market segmentation.
Solutions represented the largest segmentation in the market due to their ability to provide comprehensive, actionable insights that drive operational efficiency and cost savings for utility companies. These solutions encompass a range of software and platforms designed to analyze energy consumption patterns, predict equipment failures, and optimize grid performance. For instance, General Electric's Predix platform offers advanced analytics for real-time monitoring and predictive maintenance of power plants, significantly reducing downtime and maintenance costs. Similarly, Siemens' EnergyIP suite helps utilities manage energy distribution more effectively by integrating data from smart meters and other sensors, enabling more accurate demand forecasting and load management. This, in turn, is elevating the utility and energy analytics market revenue in the segmentation.
Cloud-based
On-premises
Currently, cloud-based holds the largest utility and energy analytics market share
The report has provided a detailed breakup and analysis of the market based on the deployment. This includes cloud-based and on-premises. According to the report, cloud-based represented the largest market segmentation.
Cloud-based solutions represented the largest segmentation in the market due to their scalability, flexibility, and cost-efficiency, which are crucial for managing the vast amounts of data generated in the utility sector. These solutions enable utilities to store, process, and analyze data without the need for significant upfront investment in IT infrastructure. For example, IBM's Watson IoT Platform allows utility companies to collect and analyze data from smart grids in real time, offering insights that enhance operational efficiency and customer service. Similarly, Microsoft's Azure IoT Suite provides a robust framework for predictive maintenance and energy optimization by integrating data from various sources, including smart meters and renewable energy systems. As per the utility and energy analytics market overview, the cloud-based model also supports seamless updates and maintenance, ensuring that utilities can continuously leverage the latest analytics technologies.
Load Forecasting
Customer Analytics
Grid Analytics
Asset Management
Smart Meter Analytics
Others
Among these, smart meter analytics currently hold the largest utility and energy analytics market value
The report has provided a detailed breakup and analysis of the market based on the application. This includes load forecasting, customer analytics, grid analytics, asset management, smart meter analytics, and others. According to the report, smart meter analytics represented the largest market segmentation.
Smart meter analytics play a critical role in providing detailed, real-time data on energy consumption patterns, which is essential for improving grid efficiency and customer engagement. Smart meters collect granular data that can be analyzed to detect usage trends, forecast demand, and identify potential issues before they escalate. For instance, companies like Itron offer smart meter analytics solutions that enable utilities to optimize their distribution networks and reduce operational costs by identifying and addressing inefficiencies. The ability to harness smart meter data for both operational excellence and customer satisfaction drives the substantial adoption of smart meter analytics, making it the leading segment in the utility and energy analytics market statistics.
Oil and Gas
Renewable Energy
Nuclear Power
Electricity
Water
Others
Oil and gas accounts for the majority of the total market share
The report has provided a detailed breakup and analysis of the market based on the vertical. This includes oil and gas, renewable energy, nuclear power, electricity, water, and others. According to the report, oil and gas represented the largest market segmentation.
The oil and gas sector industry's extensive data requirements are propelling the segment's growth. Advanced analytics solutions are essential for managing the vast amounts of data generated from exploration, drilling, and production activities. For instance, Schlumberger's DELFI cognitive E&P environment uses cloud-based analytics to enhance decision-making by integrating data from various sources, enabling more efficient exploration and production processes. Similarly, Halliburton's DecisionSpace 365 offers real-time analytics to optimize well construction and reservoir management, significantly improving operational efficiency and reducing downtime. The use of predictive analytics in maintenance also helps in foreseeing equipment failures, thereby minimizing costly disruptions, which will continue to drive the utility and energy analytics market segmentation in the coming years.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America currently dominates the market
The utility and energy analytics market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
Rising energy requirements are augmenting the regional market. Moreover, the expanding advanced metering infrastructure (AMI) is another significant growth-inducing factor. According to the U.S. Energy Information Administration (EIA), the residential sector saw the highest rate of AMI adoption in the nation. Furthermore, the Institute for Electric Efficiency predicted that by 2024, there will be 90 million smart electricity meters shipped annually in the U.S., up from 61 million in 2015. This, in turn, is anticipated to fuel the market in North America over the forecasted period.
ABB Ltd.
BuildingIQ Inc.
Capgemini SE
International Business Machines Corporation
Oracle Corporation
SAP SE
SAS Institute Inc.
Schneider Electric SE
Siemens AG
Salesforce.com Inc.
Teradata Corporation
TIBCO Software Inc.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
May 2024: Honeywell launched Honeywell Forge Performance+, a platform designed to enhance the operations and performance of utility grid assets and IT investments.
March 2024: Amperon, an AI-powered utility and energy analytics company, announced the re-platforming of its technology onto Microsoft Azure to deliver AI technology for the energy sector.
March 2024: Ascend Analytics, a leading provider of energy transition analytics solutions, secured a strategic growth investment led by Rubicon Technology Partners to expand its suite of analytics solutions.