Global 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.
Artificial Intelligence (AI) in Manufacturing Market Overview
The new Market intelligence report published by Global Artificial Intelligence (AI) in Manufacturing Market Intelligence firm, Maximize Market Research, indicates the lucrative growth of the Artificial Intelligence (AI) in Manufacturing Market in the forecast period through 2029. The Artificial Intelligence (AI) in Manufacturing Market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global Market with the Artificial Intelligence (AI) in Manufacturing Market size of each region and segment. The competitive analytics are also covered in detail in the report.
Market Report Scope and Research Methodology
The Market report includes an in-depth segment-wise and region-wise analysis of drivers, restraints, growth opportunities and upcoming challenges in the Artificial Intelligence (AI) in Manufacturing industry. The report helps in planning the Market strategies which are suitable and appropriately applicable according to specific countries and regions. To obtain accurate details of the Artificial Intelligence (AI) in Manufacturing industry, both primary and secondary research were employed.
The Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Artificial Intelligence (AI) in Manufacturing industry specialists, Market leaders, entrepreneurs and Marketing professionals were included in the primary methods. The new entrants in Market were researched for growth prospects and future business outlooks. The analysis acts as a guide for stakeholders, investors, Market players and followers and new entrants with an overall view of the Market.
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Artificial Intelligence (AI) in Manufacturing Market Regional Insights
The report includes a detailed explanation of all the factors, Market size, growth rate, and import and export in regions. The regions covered include :
1)North America
2) Europe
3) Asia Pacific
4) Latin America
5) the Middle East, and Africa.
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Market 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. The automotive industry held the highest% share of the global AI in manufacturing market in 2021, which can be attributed to the increased integration of AI solutions across multiple sectors. 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.
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Market Key Players
• 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.
Key questions answered in the Automotive Relay Market are:
- What is Artificial Intelligence (AI) in Manufacturing?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Market?
- Which factors are the lucrative opportunities for the Market growth?
- How is the intervention from regulatory authority is shaping the Market?
- What growth strategies are the players considering to increase their presence in Market?
- Who held the largest Market share in Market?
- What is the Market size of the dominating region?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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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