Global artificial intelligence (AI) in manufacturing market expected to reach approximately USD 18.5 billion by 2025, at a CAGR of slightly above 49.7% between 2019 and 2025. The escalating need for human-robot collaboration in the manufacturing industry for overall cost reduction is significantly driving the global artificial intelligence (AI) in manufacturing market.
The report covers a forecast and an analysis of artificial intelligence (AI) in manufacturing market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the artificial intelligence (AI) in manufacturing market along with the impact they have on the demand over the forecast period. Additionally, the report also includes the study of opportunities available in artificial intelligence (AI) in manufacturing market on a global level.
This report offers a comprehensive analysis of the global artificial intelligence (AI) in manufacturing market along with market trends, drivers, and restraints. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global artificial intelligence (AI) in manufacturing market is segmented on the basis of offering, technology, application, end-user, and region. The offering segment is classified into hardware, software, and services. The technology segment includes machine learning, context-aware computing, natural language processing, and computer vision. By application, the artificial intelligence (AI) in manufacturing market includes production planning, predictive maintenance, and machinery inspection, material movement, quality control, field services, cybersecurity, and others. By end-user, the artificial intelligence (AI) in manufacturing market include energy and power, automotive, food and beverages, semiconductors and electronics, heavy metals and machine manufacturing, pharmaceuticals, and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segment includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each region has been further segmented into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, China, India, Japan, South Korea, Brazil, Argentina, and GCC Countries.
Some key participants operating in the global artificial intelligence (AI) in manufacturing market are Corporation, Google, Siemens, NVIDIA, General Vision, Darktrace, AIBrain, Oracle Corporation, Cisco Systems, Inc., General Electric Company, and Microsoft Corporation, among others.
The report segments artificial intelligence (AI) in manufacturing market as follows:
Artificial Intelligence (AI) in Manufacturing Market: Offering Analysis
Artificial Intelligence (AI) in Manufacturing Market: Technology Analysis
Artificial Intelligence (AI) in Manufacturing Market: Application Analysis
Artificial Intelligence (AI) in Manufacturing Market: End-User Analysis
Artificial Intelligence (AI) in Manufacturing Market: Regional Analysis
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