The global Artificial Industrial in Manufacturing market was valued at US$ 1565.3 million in 2020 and it is expected to reach US$ 7912.6 million by the end of 2027, growing at a CAGR of 25.5% during 2021-2027.
Artificial Industrial in Manufacturing usually refers to the application of artificial intelligence to industry. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial pain-points for customer value creation, productivity improvement, and insight discovery.
Artificial intelligence (AI) is just now finding its niche in manufacturing, as the technology matures and costs drop—and as manufacturers discover applications for which AI algorithms can make complex decisions. And as it becomes ubiquitous, the future of artificial intelligence in manufacturing is already becoming feasible in emerging markets; showcasing better sensory capabilities; and, off the factory floor, predicting what will be needed and when.
Global Artificial Industrial in Manufacturing Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Artificial Industrial in Manufacturing Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Intel Corporation, Siemens AG, IBM Corporation, Alphabet Inc, Microsoft Corporation, Cisco Systems, General Electric Company, Data RPM, Sight Machine, General Vision, Rockwell, Automation Inc, Mitsubishi Electric Corporation, Oracle Corporation, SAP SE and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
Segment by Application
- Semiconductor and Electronics
- Energy and Power
- Heavy Metals and Machine Manufacturing
- Food and Beverages
Table of Content:
1 Artificial Industrial in Manufacturing Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Artificial Industrial in Manufacturing Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Artificial Industrial in Manufacturing Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta