Report Description
Artificial
Intelligence technologies helps manufacturers to bring the tools to them in a
better predictive maintenance and machinery inspection process. However,
manufacturers are less interested to adopt AI-based solutions in their costly equipment.
Any mismanagement could add to the costs. Many manufacturers show their doubt
about the capabilities of AI-based solutions in maintenance and inspection
process. After knowing these factors, it is slightly difficult to convince the
manufacturers and make them understand that AI-based solutions are safe,
cost-effective, and efficient. But recently, manufacturers are accepting the AI-based
solutions’ potential benefits.
The artificial
intelligence in manufacturing market size is projected to reach US$ 32.2
billion by 2028, from US$ 1.1 billion in 2020, at a CAGR of 52.51% during
2021-2028.
In
terms of production, this report talks the artificial intelligence in
manufacturing capacity, value, ex-factory price, growth rate, market share by
manufacturers, regions (or countries) and by Type.
In
terms of consumption, this report focuses on the consumption of artificial
intelligence in manufacturing market by regions (countries) and by Application.
The
global artificial intelligence in manufacturing market is thoroughly,
accurately, and comprehensively assessed in the report with a large focus on market
dynamics, market competition, regional growth, segmental analysis, and key
growth strategies. Buyers of the report will have access to verified market
figures, including global market size in terms of revenue and volume. As part
of production analysis, the authors of the report have provided reliable
estimations and calculations for global revenue and volume by Type segment of
the artificial intelligence in manufacturing market. These figures have been
provided in terms of both revenue and volume for the period 2016-2028.
Additionally, the report provides accurate figures for production by region in
terms of revenue as well as volume for the same period. The report also
includes production capacity statistics for the same period.
Geographic Segmentation
The
report offers exhaustive assessment of different region-wise artificial
intelligence in manufacturing market such as North America, Europe, Asia Pacific,
Middle east, Africa, Latin America. Key countries covered in the report are
U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea,
India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam,
Mexico, Brazil, Turkey, Saudi Arabia, U.A.E
For
the period 2016-2028, the report provides country-wise revenue and volume sales
analysis and region-wise revenue and volume analysis of the artificial
intelligence in manufacturing market. For the period 2020-2028, it provides
sales (consumption) analysis and forecast of different regional markets by each
application as well as type segment in terms of volume.
Manufacturers
The
report includes comprehensive company profiling of leading and emerging
companies competing in the global artificial intelligence in manufacturing
market. It provides a detailed list of players operating at a global level. The
players have been listed according to the type of products they offer in the
global artificial intelligence in manufacturing market and other factors. As
part of the company profiling, the analysts authoring the report has provided
the market entry year of each player considered for the research study. The
report also offers extensive price, volume sales, and revenue analysis by the
manufacturer at the global level for the period 2016-2028.
By Type and Application
Segments
The
report includes a detailed analysis of leading companies and type and
application segments of the global artificial intelligence in manufacturing
market. All the segments covered in the report are broadly analyzed based on
some deciding factors like various growth drivers and opportunities in the
market. The segmental analysis section of the report offers revenue sales
analysis and forecast of the global artificial intelligence in manufacturing
market by each type segment for the period 2016-2028. It also offers volume
sales (consumption) analysis and forecast of the artificial intelligence in
manufacturing market by each type segment for the same period. Also, it
provides volume sales (consumption) analysis and forecast of the global artificial
intelligence in manufacturing market by each application segment for the same
period.
Based
on Offering:
·
Hardware
·
Processor
·
Memory
·
Network
·
Software
·
AI Solutions
·
AI Platform
·
Services
·
Deployment & Integration
·
Support & Maintenance
Based
on Technology:
·
Machine Learning
·
Deep Learning
·
Supervised Learning
·
Reinforced Learning
·
Unsupervised Learning
·
Others
·
Natural Language Processing
·
Context-aware Computing
·
Computer Vision
Based
on Application:
·
Predictive Maintenance and Machinery
Inspection
·
Material Movement
·
Production Planning
·
Field Services
·
Quality Control
·
Cybersecurity
·
Industrial Robots
·
Reclamation
Based
on Industry:
·
Automobile
·
Energy and Power
·
Pharmaceuticals
·
Heavy Metals and Machine Manufacturing
·
Semiconductors and Electronics
·
Food & Beverages
·
Others
Based
on Region:
·
North America
·
Europe
·
Asia Pacific
·
Rest of the World (RoW)
This report includes the
following manufacturers:
·
NVIDIA Corporation (US)
·
IBM Corporation (US)
·
Alphabet Inc. (Google) (US)
·
Microsoft Corporation (US)
·
Intel Corporation (US)
·
Siemens AG (Germany)
·
General Electric Company (US)
·
General Vision Inc. (US)
·
Progress Software Corporation (US)
·
Micron Technology Inc.,(US)
·
Mitsubishi Electric Corporation (Japan)
·
Sight Machine (US)
·
Cisco Systems Inc., (US)
·
SAP SE (Germany)
·
Rockwell Automation Inc. (US)
·
AIBrain Inc. (US)
·
Vicarious Inc. (US
·
Oracle Corporation (US)
·
Amazon Web Services (US)
·
SparkCognition Inc. (US)
·
Rethink Robotics (Germany)
·
UBTECH Robotics Corp. (China)
·
Aquant Inc. (Israel), Bright Machines (US)
·
Flutura Decision Sciences & Analytics
(India).
Research Methodology
To
compile the detailed study of the global artificial intelligence in
manufacturing market, a robust research methodology has been adopted that aids
in determining the key insights and also evaluates the growth prospects of the artificial
intelligence in manufacturing market. Data Insights Partner Research analysts
have conducted in-depth primary and secondary research to obtain crucial
insights into the artificial intelligence in manufacturing market. To carry out
secondary research, the analysts have collected the information through company
annual reports, journals, company press releases, and paid databases that were
referred to gain and identify better opportunities in the global market.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of the artificial
intelligence in manufacturing market, size of the
market (US$ Bn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2021-2028, taking into account 2020 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, competitive market strategies of leading
market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the global artificial intelligence in manufacturing is done by taking into account various parameters such
as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The global
market for artificial intelligence in manufacturing caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for artificial
intelligence in manufacturing market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the artificial intelligence in manufacturing
market
v
Identification
of key factors driving investment opportunities in the artificial
intelligence in manufacturing market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants