The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global AI in manufacturing market is expected to grow from $2.08 billion in 2022 to $2.88 billion in 2023 at a compound annual growth rate (CAGR) of 38.2%. The global AI in manufacturing market size is expected to reach $10.11 billion in 2027 at a CAGR of 36.9%.

The rising demand for autos is projected to accelerate AI’s growth in the manufacturing business in the coming years.

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Major Market Players in the AI in manufacturing market include Nvidia Corporation, The International Business Machines Corporation, Siemens AG, General Electric Company, SAP SE, Amazon Inc.

Technological advances are a crucial trend that is gaining traction in the AI manufacturing industry. Companies in the industrial market that employ AI are focusing on embracing new technologies to maintain their market position. For example, Leela AI, a US-based software development business, debuted Leela Platform, its first ‘commonsense’ visual AI platform, in March 2023, to boost manufacturing production. Manufacturers can use the Leela Platform to acquire insights into manufacturing processes that are hidden from Industrial Internet of Things (IIOT) sensor analytics. The software provides insights that allow users to compare productivity across shifts, workstations, and locations, as well as discover bottlenecks and best practises. The Leela Platform can be used and benefited by industrial engineers, CI officers and line supervisors.

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Global AI In Manufacturing Market Segments Include:

• By Technology: Machine Learning, Natural Language Processing, Context-Aware Computing, Computer Vision
• By Offering: Hardware, Software, Services
• By Deployment: Cloud, On-Premise
• By Application: Predictive maintenance and machinery inspection, Material Movement, Production Planning, Field Services, Quality Control, Cybersecurity, Industrial Robots, Reclamation
• By Industry: Automobile, Energy And Power, Semiconductor And Electronics, Pharmaceutical, Heavy Metal And Machine Manufacturing, Food And Beverage, Other Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global AI in manufacturing market in 2021.

 The AI In Manufacturing Global Market Report 2023  provides an overview of the AI in manufacturing market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The AI in manufacturing market forecast analyzes AI in manufacturing market size, AI in manufacturing market share, leading competitor and their market positions.

The integration of artificial intelligence (AI) technology into the manufacturing process to boost efficiency, productivity, and quality is referred to as AI in manufacturing. It entails analysing data, automating processes, and optimising production using machine learning algorithms, computer vision, robotics, and other AI tools. Companies that use AI in manufacturing can cut costs, improve product quality, and improve overall performance.

The Table Of Content For The AI In Manufacturing Market Include:
1. AI In Manufacturing Market Executive Summary
2. AI In Manufacturing Market Segments
3. AI In Manufacturing Market Size And AI In Manufacturing Market Growth Rate
4. Key AI In Manufacturing Market Trends
5. Major AI In Manufacturing Market Drivers
……
25. Key Mergers And Acquisitions In The AI In Manufacturing Market
26. Top AI In Manufacturing Companies
27. AI In Manufacturing Market Opportunities And Strategies
28. AI In Manufacturing Market, Conclusions And Recommendations
29. Appendix

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