Artificial Intelligence in Manufacturing Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis
The global Artificial Intelligence (AI) in manufacturing market size was USD 2.60 Billion in 2022 and is expected to register a revenue CAGR of 44.5% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for predictive maintenance in smart factories and service robots in the manufacturing sector are key factors driving revenue growth of the market.
The study on the Global Artificial Intelligence in Manufacturing Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Artificial Intelligence in Manufacturing market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Artificial Intelligence in Manufacturing industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Artificial Intelligence in Manufacturing industry.
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Competitive Outlook: The leading companies operating in the Artificial Intelligence in Manufacturing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Artificial Intelligence in Manufacturing Market and Profiled in the Report are:
IBM Corporation, SAP SE, Amazon.com Inc., General Electric Company, Alphabet Inc., Microsoft Corporation, Siemens AG, NVIDIA Corporation, Rockwell Automation Inc., and Mitsubishi Electric Corporation
Objectives of the Report:
Study of the global Artificial Intelligence in Manufacturing market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Artificial Intelligence in Manufacturing market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Artificial Intelligence in Manufacturing market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Artificial Intelligence in Manufacturing market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Offering Outlook (Revenue, USD Billion; 2019-2032)
- Hardware
- Software
- Services
-
Technology Outlook (Revenue, USD Billion; 2019-2032)
- Machine Learning
- Natural Language Processing
- Computer Vision
- Context-aware Computing
-
Application Outlook (Revenue, USD Billion; 2019-2032)
- Predictive Maintenance
- Inventory Optimization
- Production Planning
- Field Services
- Quality Control
- Cybersecurity
- Industrial Robots
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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