AI in Energy Market worth $58.66 billion by 2030- Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla.: DELRAY BEACH, Fla., Dec. 3, 2024 /PRNewswire/ — The AI in Energy Market is expected to reach USD 8.91 billion by 2024 from USD 58.66 billion in 2030, at a Compound Annual Growth Rate (CAGR) of 36.9 % from 2024–2030, according to a new report by MarketsandMarkets™. AI can help decarbonize and reduce the energy demands of the construction of buildings themselves. Cement, as the primary building material used today, represents 7-8% of global carbon emissions, according to a report published by the United States Department of Energy. AI can be used to design and optimize low-carbon cement designs, enabling accelerated materials formulation and innovation. AI can also be used to identify efficiencies in building construction. The planning and sequencing steps for building construction is a manual process and can be optimized with AI to unlock process efficiency and reduce waste at construction sites.

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