Artificial Intelligence in Manufacturing Market

29 Apr

Sample

Artificial Intelligence in Manufacturing Market Poised to Grow at a CAGR of XX% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Artificial Intelligence in Manufacturing Market. The report presents analysis of global as well as regional markets of artificial intelligence in manufacturing market over the period of 2016 to 2024. Artificial intelligence (AI) is the branch of computer science that emphasizes the creation of intelligent machines to simulate the human intelligence. The artificial intelligence is used in the many industries to provide the better efficiency, precision, accuracy, and speed. Presently, the artificial intelligent plays an import role in the manufacturing industries as it offers more reliable and faster work process than the humans. AI has the potential to increase the efficiency of manufacturing with improved productivity. Rapidly growing industrial automation, digitalization, extensive use of robotics and the computer technologies in the manufacturing, growing use of big data and IoT drives the growth of human intelligence in the manufacturing market. In addition, the artificial intelligence offers speech recognition, learning, planning, and problem-solving capabilities which help the manufacturing companies to provide the safer operational environment helps to enhance the quantity and quality of the production. On the other side, reluctance for acceptance of artificial intelligence among the manufacturers is expected to restrain the market growth over the forecast period. Moreover, the use of AI in the manufacturing will offer more opportunities for personalized and customized manufacturing.

 

The growing technological advancements and rising investments in R&D of AI are projected to create new opportunities for this market in upcoming years. Among the regions, North America dominates the market of artificial intelligence in the manufacturing. The existence of the major players of artificial intelligence in North America is contributing to the market growth in this region. Asia-pacific is the fastest growing region in the artificial intelligence in manufacturing industries market. The rapidly growing industrial automation in the Asia Pacific region increased the use of robotics and other computer technology. The countries including China, Japan, South Korea, and Indonesia are focusing on the introduction of a new technology of AI to improve the efficiency and enhances the productivity with minimal cost. Moreover, the use of AI in the manufacturing will offer more opportunities for personalized and customized manufacturing. The growing technological advancements and rising investments in R&D of AI are projected to create new opportunities for this market in upcoming years. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global artificial intelligence in manufacturing market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global artificial intelligence in manufacturing market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1586

The recent report identified that North America dominated the global artificial intelligence in manufacturing market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the artificial intelligence in manufacturing market worldwide.

 

The report segments the global artificial intelligence in manufacturing market on the basis of Technology and End use industries.

 

Global Artificial Intelligence in Manufacturing Market by Technology

·         Text Analytics & NLP (Natural Language Processing)

·         Machine Learning Platforms

·         Deep Learning

·         Robotic Processes Automation

·         Machine Vision

·         Others

 

Global Artificial Intelligence in Manufacturing Market by End Use Industries

·         Automobile

·         Heavy Metals And Machine Manufacturing

·         Semiconductor And Electronics

·         Energy And Power

·         Food And Beverages

·         Pharmaceuticals

 

Companies Profiled in the Report

·         Siemens AG

·          IBM Corporation

·         Intel Corporation

·         General Electric (GE) Company

·         Microsoft Corporation

·         Rockwell Automation Inc.

·         Cisco Systems, Inc.

·         Mitsubishi Electric Corporation

·         Oracle Corporation

·         Datarpm

·         Others

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.