openPR Logo
Press release

Artificial Intelligence in Manufacturing Market 2020 | Current Scenarios and Industry Vision

03-03-2020 02:20 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Artificial Intelligence in Manufacturing Market

Artificial Intelligence in Manufacturing Market

Artificial intelligence (AI) is one of the most advanced technologies in the field of computer science. It is associated with human intelligence through similar characteristics such as better decision making, language understanding, and others. Industrialists in the market experience huge underlying intellectual challenges in the development and revision of the technology. Increase in demand for artificial Intelligence in manufacturing market has been witnessed owing to rise in adoption of Internet of Things and increase in awareness about customer satisfaction. In addition, development of smarter and efficient robots is expected to propel the market growth. However, high cost of implementing this technology and high threat to human dignity are anticipated to restrain the market growth.

The key players profiled in this report includes Bosch, Cisco Systems, Inc., General Electric Company, IBM Corporation, Intel Corporation, Microsoft Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, Oracle Corporation, and Siemens AG.

Access full summary report at https://www.alliedmarketresearch.com/artificial-intelligence-in-manufacturing-market

The global artificial Intelligence in manufacturing market size was $513.6 million in 2017, and is expected to reach at $15,273.7 million by 2025, growing at a CAGR of 55.2% during the forecast period. The On-Premise segment accounted for two-thirds share of the market in 2017, and is expected to witness significant growth during the forecast period.

Increase in use of machine vision and computer vision globally drives the growth of artificial intelligence in the manufacturing market. In addition, growth in venture capital investments also significantly contributes to the market growth. Furthermore, rise in standards of living and recent developments in the emerging economies such as China and India have created a major growth potential for AI in the manufacturing sector. However, disinclination among manufacturers to adopt AI-based technologies and threat of lots of jobs substituted by AI-based technology systems is expected to hinder the market demand.

Get Sample Report for More Details at https://www.alliedmarketresearch.com/request-sample/4747

Conversely, enduring technological advancements such as smarter AI chips and others by key players is expected to create lucrative opportunities for the growth of the market.

Inquire more about this report at https://www.alliedmarketresearch.com/purchase-enquiry/4747

Based on the deployment, the on-premise segment is expected to garner the largest share in the global market during the forecast period. According to the industry segment, the automobile sector is expected to dominate the market in terms of revenue in 2017, owing to the capability of artificial Intelligence in manufacturing to achieve less errors and mass production.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence in Manufacturing Market 2020 | Current Scenarios and Industry Vision here

News-ID: 1952907 • Views: 289

More Releases from Allied Market Research

Brain Health Supplements Market – Know Latest Trends & Forecast for Long-Term …
UPDATE AVAILABLE ON-DEMAND Brain health supplements are balanced blend of herbal extracts and nutrients that are used to improve brain functions such as concentration, focus, and memory. The global brain health supplements market was valued at $3,194 million in 2016, and is expected to reach $5,813 million by 2023, growing at a CAGR of 8.8% from 2017 to 2023. Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/4581 Rise in awareness about brain health supplements, growth in number
Apheresis Market to High trend Opportunities offers Future Business Growth by 20 …
UPDATE AVAILABLE ON-DEMAND According to the report by Allied Market Research, the global Apheresis market is estimated to register a CAGR of 7.3% from 2017 to 2023. The research helps leading players and startups to devise new strategies based on current market trends and changing dynamics. Competitive landscape is mentioned in the report based on business segments, products portfolio, and strategic moves & developments of leading market players. Detailed segmentation assists
Medical Computer Carts Market New Business Opportunities and Investment Research …
UPDATE AVAILABLE ON-DEMAND According to the research report published by Allied Market Research, the global Medical Computer Carts market is expected to register a CAGR of 17.3% from 2017 to 2023. The research includes changing market dynamics, top impacting factors, key investment pockets, value chain, and competitive scenario. Through tabular and graphical representation, the report offers key insights on different aspects of the market such as current market size and estimations,
Medical Simulation Market Huge Demand in COVID-19: Regional Outlook, Trends, Key …
The Medical Simulation market report offers a comprehensive analysis of the study of the industry. The report provides the proper segmentation along with all the CAGR values for the forecast period 2020-2027. A wide range of features including the drivers, restraints, and future opportunities are also provided through the report. The report along with it also involves the analyses of rising trends and upcoming challenges in the market. The marketing

All 5 Releases


More Releases for Intel

Comodo Announces Intel Application Certification Service
Jersey City, NJ, August 10, 2011 - Comodo (comodo.com), a leading certificate authority and Internet security organization, today announced that it will provide code signing services to the Intel AppUpSM developer program. Comodo will offer fully subsidized one-year Code Signing Certificates to the Intel AppUp developer program community to address the program requirement that all Windows-based applications (.MSI, .JAR and .AIR) be signed by a Certification Authority (CA). Code Signing Certificates
Krypton Softwares joins Intel® Software Partner Program
Krypton Softwares, an offshore software development service provider based in India today announced that it has joined the Intel® Software Partner Program, a set of premium Intel services to help partners expand their sales, reach and increase customer confidence through Intel® Certified Solutions Program. “As a program member, we will receive insights into Intel's future technology roadmap and access a variety of tools and resources to shorten our software development time.
Mini-PC for current Intel Core processors
Shuttle XPC Barebone SH55J2 supports Intel Core i3, Core i5 and Core i7 Shuttle Inc., a leading developer and manufacturer of multi-form-factor solutions such as the world-famous XPC Mini-PC Barebones, today announces the launch of its new XPC Barebone SH55J2. Now, for the first time, a single Mini-PC supports all Intel Core variants for socket 1156. From today, the SH55J2 brings you a Mini-PC platform which utilizes all the features of the
Intel Distributes ESET Security Software With Intel® Desktop Boards
ESET Validates Market Strength as Industry-Leading AV Solution Dubai, United Arab Emirates, September 23, 2009 – ESET, the leader in proactive threat protection, announced today that Intel will distribute ESET security software products with Intel-branded desktop motherboards starting in Q1 2010. As a result of the distribution agreement, Intel Desktop Boards will include either a 45-day or one-year product license for ESET Smart Security. ESET will ship exclusively with new Intel®
AXIGEN Announces Technology Partnership with Intel
Bucharest, Romania, March 4th, 2009 – AXIGEN (axigen.com), the professional messaging solution vendor, today announces they have become a member of the Intel Software Partner Program (http://www.intel.com/partner), with the intention to better adapt the AXIGEN Mail Server to Intel architectures. As part of the Intel® Software Partner Program, AXIGEN focuses on optimizing its cutting edge messaging solutions for Intel platforms. The membership also enables AXIGEN to collaborate with Intel in order
STMICROELECTRONICS, INTEL AND FRANCISCO PARTNERS
CLOSE TRANSACTION TO CREATE NUMONYX New Delhi, March 31, 2008 — STMicroelectronics, together with Intel and Francisco Partners today announced the closing of their previously announced Numonyx joint venture. At the closing, STMicroelectronics contributed its flash memory assets and businesses in NOR and NAND, including its Phase Change Memory (PCM) resources and NAND joint venture interest, to Numonyx in exchange for a 48.6 percent equity ownership stake and $155.6 million