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.
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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.
