Global Artificial Intelligence (AI) in Manufacturing Market Size, Opportunities, Company Profile, Developments and Outlook 2027
The MMR report's in-depth analysis and explanation of the global Artificial Intelligence (AI) in Manufacturing Market dynamics aids the reader in comprehending the market's escalating trends, drivers, constraints, opportunities, and challenges on a global and regional scale. The worldwide manufacturing market for AI is expanding at an exponential rate due to the exponential growth of digital data. By 2021, it is predicted that 1.8 gigabytes of fresh data would be produced per second. In addition, it is anticipated to expand at a 40% annual growth rate during the following 8 to 10 years. This growth is attributed to the expansion of IoT and big data technologies as well as the increased acceptance of cloud platforms by businesses.
Global Artificial Intelligence (AI) in Manufacturing Market size is expected to reach US$ 26.25 Bn in year 2027, at a CAGR of 57.20% during the forecast period.
Global Artificial Intelligence (AI) in Manufacturing Market Overview:
The Global Artificial Intelligence (AI) in Manufacturing Market research evaluates the market's major characteristics using a variety of factors such as supply, demand, feasibility, and current trends. The Global Artificial Intelligence (AI) in Manufacturing Market research also provides forecasts for the years 2022-2027. The Global Artificial Intelligence (AI) in Manufacturing report estimates and forecasts potential growth in the worldwide Global Artificial Intelligence (AI) in Manufacturing market at each point in time, based on statistical data and in-depth research that takes into account both qualitative and quantitative values of significant elements such as historical, current, and future trends. The study also looks at the current Global Artificial Intelligence (AI) in Manufacturing market as well as the market's prospects. A thorough examination of business execution, market share, and cost analysis data is also included in the study.
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In this research, we discuss all market aspects. Positive aspects, constraints, possibilities, and problems are all discussed in depth in the paper, and all data is gathered from press releases and yearly reports. The goal of the study is to propose a patent-based strategy for finding possible technology partners as a tool for encouraging open innovation. The report's market share research and comparison of the leading players allow users to take additional steps in their organization's growth or improvement.
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Global Artificial Intelligence (AI) in Manufacturing Market Segmentation:
In 2019, the automotive industry held the greatest market share globally for AI in manufacturing. The significant market share of the automotive industry is primarily attributable to the rising demand for autonomous vehicles, the adoption of cutting-edge automotive quality management solutions, and the requirement for solutions for predictive maintenance and machinery inspection.
Global Artificial Intelligence (AI) in Manufacturing Market Key Players:
• Nvidia
• Intel
• IBM
• Siemens
• General Electric (GE) Company
• Google
• Microsoft
• Micron Technology
• Amazon Web Services (AWS)
• Sight Machine
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Regional Trends:
North America (U.S., Canada)
Europe (U.K., Germany, France, Italy)
Asia Pacific (China, India, Japan, Singapore, Malaysia, South Korea )
Latin America (Brazil, Mexico, Argentina, Chile)
Middle East & Africa (South Africa, Egypt, and Saudi Arabia)
COVID-19 Impact on Global Artificial Intelligence (AI) in Manufacturing Market:
Our team is analyzing the influence of COVID 19 on various industry verticals and providing authenticated data to our clients. This information is useful in determining market conditions. To comprehend the impact and factors of COVID 19 on the worldwide Global Artificial Intelligence (AI) in Manufacturing market, consult our expert monitoring, which explains all the influencing elements and COVID impact on each key player.
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