Artificial Intelligence (AI) in Manufacturing Market size is expected to reach US$ 64.86 Bn in year 2029, at a CAGR of 57.20% during the forecast period.
Market Overview
The report covers the Artificial Intelligence (AI) in Manufacturing Market's most recent revenue and Market trends. It provides a Market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Artificial Intelligence (AI) in Manufacturing Market, such as gross margin, cost, Market share, capacity utilization, and supply. It also aids in determining the future potential of the Artificial Intelligence (AI) in Manufacturing Market in the next few years during the forecast period. The report provides a Market overview through common subjects that are highlighted with unique data based on the need. The overview aids in making decisions about how to approach the Market and comprehending the industry's backdrop.
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Market Scope
The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Artificial Intelligence (AI) in Manufacturing Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the Market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Artificial Intelligence (AI) in Manufacturing Market research report. For the competitive analysis, the report includes the profile of the key Market players in the Artificial Intelligence (AI) in Manufacturing Market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
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Segmentation
The research offers a thorough segment analysis of the global artificial intelligence (AI) in manufacturing market, offering both macro and microeconomic insights that are quite useful. Based on offerings, the hardware category had a market value of US$.24 Mn in 2021 and is projected to grow at a CAGR of.34% to US$.20 Mn by 2029. This is a result of the increasing industry-wide integration of AI solutions.
The automotive industry held the highest% share of the worldwide AI in manufacturing market in 2021, according to industry. The growing demand for autonomous vehicles, adoption of cutting-edge automotive solutions for quality management, and the high market share of the automotive industry are the main causes of this.
Key Players
• Nvidia
• Intel
• IBM
• Siemens
• General Electric (GE) Company
• Google
• Microsoft
• Micron Technology
• Amazon Web Services (AWS)
• Sight Machine
• Progress Software Corporation (Datarpm)
• Aibrain
• General Vision
• Rockwell Automation
• Cisco Systems
• Mitsubishi Electric
• Oracle
• SAP
• Vicarious
• Ubtech Robotics
• Alphabet Inc.
• General Vision Inc.
• SparkCognition Inc.
• Rethink Robotics
• Aquant Inc.
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Regional Analysis
Artificial Intelligence (AI) in Manufacturing Region dominated the Artificial Intelligence (AI) in Manufacturing Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Artificial Intelligence (AI) in Manufacturing Market growth in the region. The Artificial Intelligence (AI) in Manufacturing Market report includes a geographic condition of the Market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the Market Report are:
- What is Artificial Intelligence (AI) in Manufacturing Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the Market?
- Which region held the largest Market share in the Market?
- What are the opportunities for the Market?
- What factors are affecting the Market growth?
- Who are the key players of the Artificial Intelligence (AI) in Manufacturing Market?
- Which company held the largest share in the Market?
- What will be the CAGR of the Market during the forecast period?
- What key trends are likely to emerge in the Market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Artificial Intelligence (AI) in Manufacturing
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted Market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Market-verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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