The digital twin in energy & power market was valued at USD 6.10 billion in 2025 and is projected to reach USD 15.48 billion by 2033, growing at a CAGR of 12.30% during the forecast period of 2026 to 2033. The market is experiencing substantial growth due to the increasing digitalization of energy infrastructure, growing deployment of smart grids, expansion of renewable energy generation, and rising investments in predictive asset management technologies. Energy producers, utility companies, transmission operators, and oil & gas companies are increasingly deploying digital twin solutions to improve operational efficiency, optimize asset performance, reduce downtime, and enhance grid reliability while supporting sustainability and decarbonization objectives.