57.2% Growth Rate for Artificial Intelligence in Manufacturing Market by 2026 | Latest Innovation, Advance Technology, Top Companies

The report titled “Artificial Intelligence in Manufacturing Market” sheds a concentrated focus on the Artificial Intelligence in Manufacturing industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1148471

The Artificial Intelligence in Manufacturing Market is expected to be valued at USD 1.1 Billion in 2020 and is likely to reach USD 16.7 Billion by 2026; it is expected to grow at a CAGR of 57.2% during the forecast period.

Top Companies Profiled in the Artificial Intelligence in Manufacturing Market:
• NVIDIA Corporation (US)
• IBM Corporation (US)
• Alphabet Inc. (Google) (US)
• Microsoft Corporation (US)
• Intel Corporation (US)
• Siemens AG (Germany)
• General Electric Company (US)
• General Vision Inc. (US)
• Progress Software Corporation (US)
• Micron Technology Inc. (US)
• Mitsubishi Electric Corporation (Japan)
• Sight Machine (US)
• Cisco Systems Inc. (US)
• SAP SE (Germany)

“The machine learning technology is expected to account for the largest size of the AI in manufacturing market during the forecast period.”
Machine learning’s ability to collect and handle big data and its applications in real-time speech translation, robotics, and facial analysis are fuelling its growth in the manufacturing market. AI constitutes various technologies that play a vital role in developing its ecosystem.

Go For Interesting Discount Here: https://www.reportsnreports.com/purchase.aspx?name=1148471

“The predictive maintenance and machinery inspection application of the AI in manufacturing market is projected to hold the largest share during the forecast period.”
The predictive maintenance and machinery inspection application held the largest share of the AI in manufacturing market in 2019. Extensive use of computer vision cameras in machinery inspection, adoption of Industrial Internet of Things (IIoT), and use of big data in the manufacturing industry are the factors driving the growth of the AI in manufacturing market for the predictive maintenance and machinery inspection application.

“The automobile industry held the largest size of the AI in manufacturing market in 2019.”
The extensive use of computer vision cameras in machinery inspection and a of adoption industrial IoT are the factors driving the growth of the AI in manufacturing market for the automobile industry. The application of AI to boost employee productivity, improve quality control, and gain better control over business support functions is supporting the growth of AI in the automobile industry.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
• By Designation: C-level Executives – 60%, Directors – 20%, and Others – 20%
• By Region: North America – 40%, Europe – 30%, Asia Pacific (APAC)– 20%, and the Rest of the World (RoW) – 10%

Competitive Landscape of Master Data Management Market:
1 Overview
2 Ranking Of Players, 2019
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Competitive Scenario
4.1 Product Launches And Developments
4.2 Collaborations, Partnerships, And Agreements
4.3 Acquisitions & Joint Ventures

Reason to access this report:
• This report includes statistics pertaining to the AI in manufacturing based on offering, technology, application, industry and region.

• This report includes detailed information on major drivers, restraints, opportunities, and challenges pertaining to the AI in manufacturing market.

• The report includes illustrative segmentation, analysis, and forecast for the AI in manufacturing market based on its segments and sub segments.

• This report includes the impact of COVID-19 pandemic on the overall AI in manufacturing market.

Enquire More @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=1148471

#Customization Service of the Report:
ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India

About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.