AI in Manufacturing Market Size 2023 , Latest Trends, Growth Drivers, Industry Analysis by Top Companies and Forecast 2028

Posted on May 5 2023 8:36 AM

"The global artificial intelligence in manufacturing market size was valued at USD 1.82 Billion in 2019 and is projected to reach USD 9.89 Billion by 2027, exhibiting a CAGR of 24.2% during the forecast period.  "

Fortune Business Insights has published a new research report titled Artificial Intelligence in Manufacturing Market Size, Share & COVID-19 Impact Analysis, By Offering (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing), By Application (Process Control, Production Planning, Predictive Maintenance & Machinery Inspection), By Industry (Automotive, Medical Devices, Semiconductor &Electronics), and Regional Forecast, 2020-2027. and Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2020-2027” in its research data.

Projected market size and growth rate of the AI in Manufacturing Market

According to latest report published by Fortune Business Insights, The global artificial intelligence in manufacturing market size was valued at USD 1.82 Billion in 2019 and is projected to reach USD 9.89 Billion by 2027, exhibiting a CAGR of 24.2% during the forecast period. 

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Top AI in Manufacturing Market Size Manufacturers covered in the Market Report include:

  • Microsoft Corporation (United States)
  • Google LLC (United States)
  • IBM Corporation (United States)
  • com Inc. (United States)
  • NVIDIA Corporation (United States)
  • Siemens AG (Germany)
  • GENERAL ELECTRIC (United States)
  • SAP SE (Germany)
  • Rockwell Automation, Inc. (United States)
  • Mitsubishi Electric Corporation (Japan)

Highlights of the Report:

  • Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
  • The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

AI in Manufacturing Market Market Report Scope [ 2020-2027 ]

Report Title:
Artificial Intelligence in Manufacturing Market Size, Share & COVID-19 Impact Analysis, By Offering (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing), By Application (Process Control, Production Planning, Predictive Maintenance & Machinery Inspection), By Industry (Automotive, Medical Devices, Semiconductor &Electronics), and Regional Forecast, 2020-2027

AI in Manufacturing Market CAGR: 0.242

Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends

Segments Covered:

  • By Type
  • By Application
  • By Region

An Overview of the Impact of COVID-19 on this Market:

The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the AI in Manufacturing Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.

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Report Inclusions:

Market Overview: It includes a product overview and scope of the global AI in Manufacturing Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.

Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.

Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.

Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global AI in Manufacturing Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.

FREQUENTLY ASKED QUESTIONS:

  • How much was the global AI in Manufacturing Market worth in upcoming year?
  • Who are the top players actively operating across the market?
  • How much will the global market be worth?
  • What are the key market drivers?
  • Which application segment is the leading across the globe?
  • At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

Major Points from Table of Contents

Global AI in Manufacturing Market Research Report 2020-2027, by Manufacturers, Regions, Types and Applications

  • Introduction
    • Objective of the Study
    • Definition of the Market
    • Market Scope
    • Market Segment by Type, Application and Marketing Channel
    • Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
    • Years Considered for the Study
    • Currency Considered (U.S. Dollar)
  • Key Findings of the Study
    • Market Dynamics
    • Driving Factors for this Market
    • Factors Challenging the Market
    • Opportunities of the Global AI in Manufacturing Market (Regions, Growing/Emerging Downstream Market Analysis)
    • Technological and Market Developments in the AI in Manufacturing Market
    • Industry News by Region
    • Regulatory Scenario by Region/Country
    • Market Investment Scenario Strategic Recommendations Analysis
  • Value Chain of the AI in Manufacturing Market
    • Value Chain Status
    • Upstream Raw Material Analysis
    • Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
    • Distributors/Traders
    • Downstream Major Customer Analysis (by Region)
    • Global AI in Manufacturing Market -Segmentation by Type
    • Global AI in Manufacturing Market -Segmentation by Application
    • Global AI in Manufacturing Market -Segmentation by Marketing Channel
    • Competitive Intelligence Company Profiles
  • Global AI in Manufacturing Market -Segmentation by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Future Forecast of the Global AI in Manufacturing Market from 2020-2027
    • Future Forecast of the Global AI in Manufacturing Market from 2020-2027 Segment by Region
    • Global AI in Manufacturing Market Production and Growth Rate Forecast by Type (2020-2027)
    • Global AI in Manufacturing Market Consumption and Growth Rate Forecast by Application (2020-2027)
  • Appendix
    • Methodology
    • Research Data Source

Continued….

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