As per new research Artificial Intelligence In Manufacturing market Analysis with Expansion at +52% CAGR , In-depth Research on Market Dynamics, Trends, Emerging Growth Factors and Forecast to 2022
A new market research report, titled “Artificial Intelligence In Manufacturing Market” has been included to our repository. Artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and other animals. The growing usage big data technology, Industrial IoT in manufacturing, extensive usage of robotics in manufacturing, computer vision technology in manufacturing, cross-industry partnerships and collaborations, and significant increase in venture capital investments would propel the growth of the AI in manufacturing market.The artificial intelligence (AI) in manufacturing market is expected to grow from USD 272.5 Million in 2016 to USD 4,882.9 Million by 2023, growing at a CAGR of +52% during the forecast period.
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The deep learning technology, which includes image recognition, signal recognition, and data mining, is expected to witness the highest CAGR during the forecast period. The rapid adoption of robotics in the manufacturing industry, huge volume of data that is generated from the computer vision technology, and big data technology are driving the growth of the AI in manufacturing market for the deep learning technology.
The major players in the AI in manufacturing market are Siemens AG (Germany), Intel Corporation (US), NVIDIA Corporation (us), Alphabet Inc. (us), IBM Corporation, Microsoft Corporation (US), General Electric Company (US), DataRPM, Sight Machine (US), General Vision, Inc. (US), AIBrain, Inc. (US), Rockwell, Automation Inc. (US), Cisco Systems, Inc. (US), Mitsubishi Electric Corporation (Japan), Oracle Corporation (US), SAP SE (Germany), Preferred Networks, Inc. (Japan), Vicarious Inc. (US), Skymind Inc.(US), Citrine Informatics (US), CloudMinds Technologies (US), and Ubtech Robotics Corp. (China).
The acceptance of this market is anticipated to surge in small and medium enterprises over the prognosis period, owing to the cumulative application of appropriate market tools to target numerous groups of customers for branding their products, solutions, and services. North America and Europe are estimated to significantly contribute to the Artificial Intelligence In Manufacturing market growth owing to high government investments for public security.
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Table of Content:
Artificial Intelligence In Manufacturing Market Research Report 2018-2023
Chapter 1: Artificial Intelligence In Manufacturing Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Artificial Intelligence In Manufacturing Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Artificial Intelligence In Manufacturing Market Forecast
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