Report Highlights
Artificial Intelligence in Manufacturing Market Size And Forecast
Artificial Intelligence in Manufacturing Market was valued at USD 969.97 million in 2019 and is projected to reach USD 22883.55 million by 2027, growing at a CAGR of 52.32% from 2020 to 2027.
Global Artificial Intelligence in Manufacturing Market Overview
Artificial intelligence is rapidly growing in manufacturing market due to rapidly evolving industrial atomization and IoT. Artificial intelligence is associated with human intelligence with same characteristics such as understanding, language, problem solving, reasoning and learning.to provide safe environment enhance quality and quantity Ai is being used by manufacturing industry. Various industries such as, automobiles, pharmaceutical, food and beverages, power and energy are adopting Artificial intelligence in manufacturing. Growing demand for atomization and increasing capital investments are fueling market growth of global artificial intelligence in manufacturing market. In addition, artificial intelligence is helps in collecting and handling huge amount of data and rising need for high computing process is accelerating growth of global artificial intelligence in manufacturing market. Major factors that are boosting market growth of global artificial intelligence in manufacturing market are various applications such as, cyber security, quality control, machinery inspection and predictive analysis.
Global Artificial Intelligence in Manufacturing Market: Segmentation Analysis
The Global Artificial Intelligence in Manufacturing Market is segmented based on Offering, Technology, Application, and Geography.
Key Players In Artificial Intelligence in Manufacturing Market
The Global Artificial Intelligence in Manufacturing Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Nvidia
- Intel
- IBM
- Siemens
- General Electric (GE) Company
- Microsoft
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Global Artificial Intelligence in Manufacturing Market
Market Overview:
The Global Artificial Intelligence in Manufacturing Market was valued at USD 280.21 million in 2016 and is projected to reach USD 12367.90 million by 2025, growing at a CAGR of 52.32% from 2017 to 2025.
Artificial intelligence (AI) is an area of computer science that emphasizes the creation of intelligent machines that work and reacts like ...
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