DUBLIN, April 14, 2026 (Globe Newswire) — Added ‘AI-Powered Smart Grid Market Report 2026’ ResearchAndMarkets.com Offerings.
This market research report provides comprehensive statistics on market size, regional share, competitive insights, market segments, trends, and opportunities. Provides in-depth analysis of current and future industry scenarios to facilitate strategic planning and growth of the AI-powered smart grid sector.
The artificial intelligence (AI)-powered smart grid market is experiencing robust growth and is expected to continue expanding from $6.62 billion in 2025 to $7.54 billion in 2026, at a CAGR of 13.9%. This growth is due to the modernization of aging power grid infrastructure, increased electricity demand, early smart meter implementation, government initiatives, and an increase in power outage incidents. Going forward, this market is expected to grow to $12.79 billion by 2030 at a CAGR of 14.1% due to the complexity of renewable energy integration, expansion of electric vehicle charging loads, grid automation with AI, cybersecurity requirements, and expansion of distributed energy resources.
The introduction of renewable energy is a key trend supporting the expansion of this market. AI-powered smart grids facilitate the integration of renewable energy by optimizing power distribution and balancing supply and demand. For example, according to Eurostat, renewable energy accounted for 24.5% of the EU’s total energy consumption in 2023, up from 23% in 2022.
Leading market players are incorporating AI technology into grid operations with the aim of enhancing decision-making and grid performance. Schneider Electric SE has launched One Digital Grid Platform, a software solution that integrates planning, operations and asset management to improve grid reliability and performance. The platform leverages predictive analytics to support the integration of distributed energy resources and optimize asset utilization without replacing existing infrastructure.
In a strategic acquisition, Bidgely Inc. acquired Grid4C to power its AI-driven analytics platform to improve grid operations and customer engagement. Grid4C specializes in AI-powered smart grid software for optimization and DER management.
Major players in the market include IBM, Cisco Systems Inc., Oracle Corporation, Schneider Electric SE, Honeywell International Inc., Siemens Energy AG, GE Vernova Inc., and ABB Ltd. These companies focus on software-centric solutions that reduce the impact of tariffs on hardware such as smart sensors and controllers. We are strengthening the resilience and reliability of our power grid by investing in local manufacturing and supply chain diversification.
The AI-powered smart grid market includes revenue from grid data analytics, predictive maintenance, load forecasting, demand response management, and energy management services. This includes selling embedded AI smart sensors and meters, machine learning platforms, and predictive maintenance systems. Market value is based on “factory gate” prices and also includes related services provided by goods creators.
Key attributes:
| report attributes | detail |
| Number of pages | 250 |
| Forecast period | 2026-2030 |
| Estimated market value in 2026 (USD) | $7.54 billion |
| Projected market value to 2030 (USD) | $12.79 billion |
| compound annual growth rate | 14.1% |
| Target area | global |
Report scope
- Components: Hardware, Software, Services
- Deployment model: on-premises, cloud-based, hybrid
- Solution type: Grid analytics, predictive maintenance, demand forecasting, real-time monitoring, cybersecurity
- Applications: Energy distribution, demand management, predictive maintenance
- End Use: Utilities, Industrial, Commercial/Residential
Subsegment:
- Hardware: smart sensors, edge computing, communication modules
- Software: grid analytics, AI and ML platforms, energy management
- Services: Integration, Consulting, Managed Services
Featured companies
- International Business Machines Corporation
- Cisco Systems Corporation
- Oracle Corporation
- Schneider Electric SE
- Honeywell International Co., Ltd.
- Siemens Energy AG
- GE Vernova Co., Ltd.
- ABB Corporation
- Eaton Corporation plc
- Octopus Energy Group Co., Ltd.
- Itron Co., Ltd.
- bentley systems inc.
- C3.ai Co., Ltd.
- Fluentgrid Limited
- Innowats Co., Ltd.
- Utilidator Co., Ltd.
- Percept Robotics Co., Ltd.
- Net2Grid BV
- Radix IoT LLC
- ESHASOFT HOLDING LIMITED.
For more information on this report, please visit https://www.researchandmarkets.com/r/w58loz.
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Smart grid market using AI
