Press release
COVID-19 Impact on Global Artificial Intelligence in Manufacturing Market Growth By Manufacturers, Countries, Types And Application, End Users And Forecast To 2027
Global Artificial Intelligence in Manufacturing Market was valued at USD 966.67 million in 2019 which is expected to reach USD 22880.45 million by 2027 at CAGR 50.32%.Artificial intelligence technology is the trending technology in manufacturing sector. By incorporating AI with machine learning, pattern recognition software, factories could be transformed in upcoming years. This technology helps in automating the manufacturing industry and results in reaching high level of productivity and accuracy that is even beyond human ability.
Increase in demand for machine learning technology and computer vision for machinery inspection is the key driving factor which is expected to boost the global artificial intelligence in manufacturing market growth. Furthermore, rise in adoption of artificial intelligence by factories to reduce machine downtime will have the positive impact on market growth. Furthermore, increase in demand from factories to improve productivity and reduce operational cost are projected to drive the market growth during this forecast period. Moreover, integration of artificial intelligence in machinery inspection and predictive maintenance encompasses testing, lubrication, regular examination, and adjustments of equipment’s. Such benefits are expected to fuel the market growth.
Get Sample Copy of this Report @ https://qualiketresearch.com/request-sample/Artificial-Intelligence-in-Manufacturing-Market/request-sample
However, reluctance among manufacturers to adopt AI-based technologies is the major challenging factor which is expected to hinder the global artificial intelligence in manufacturing market growth.
Market Segmentation
Global Artificial Intelligence in Manufacturing Market is segmented into offering such as Hardware, Software, and Services, by technology such as Machine Learning, Computer Vision, Context Awareness, and Natural Language Processing. Further, market is segmented into application such as Material Movement, Predictive Maintenance & Machinery Inspection, Production Planning, Field Services, and Quality Control & Reclamation.
Also, Global Artificial Intelligence in Manufacturing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key Players are discussed in this report such as Bosch, General Electric Company, Cisco Systems, Inc., Intel Corporation, IBM Corporation, Microsoft Corporation, NVIDIA Corporation, Mitsubishi Electric Corporation, and Siemens AG
Market Taxonomy
By Offering
• Hardware
• Software
• Services
By Technology
• Machine Learning
• Computer Vision
• Context Awareness
• Natural Language Processing
By Application
• Material Movement
• Predictive Maintenance & Machinery
Inspection
• Production Planning
• Field Services
• Quality Control & Reclamation
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Get Discount on this Report @ https://qualiketresearch.com/request-sample/Artificial-Intelligence-in-Manufacturing-Market/ask-for-discount
Vishal Thakur
Research Support Specialist
QualiKet Research
6060 N Central Expy #500, TX 75204, U.S.A
sales@qualiketresearch.com
Website: https://qualiketresearch.com
QualiKet Research is a leading Market Research and Competitive Intelligence partner helping leaders across the world to develop robust strategy and stay ahead for evolution by providing actionable insights about ever changing market scenario, competition and customers. QualiKet Research is dedicated to enhancing the ability of faster decision making by providing timely and scalable intelligence. We use different intelligence tools to come up with evidence that showcases the threats and opportunities which helps our clients outperform their competition.
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 COVID-19 Impact on Global Artificial Intelligence in Manufacturing Market Growth By Manufacturers, Countries, Types And Application, End Users And Forecast To 2027 here
News-ID: 2225576 • Views: …
More Releases from QualiKet Research
Global Prefabricated Building Market Qualitative Analysis of the Leading Players …
Global Prefabricated Building Market
Prefabricated building architecture is defined as a manufacturing process or an assembly site, in which several materials & building systems are combined to form a component or a part of larger onsite assembly or a building, where the structure is to be installed onsite. Prefabricated construction materials classified into various types such as concrete-based and metal prefabricated products.
The increase in the global foreign direct investment (FDI) inflows…
Global High Resistivity Silicon Wafers Market Size, Share, Segmentation Analysis …
Global High Resistivity Silicon Wafers Market
Silicon wafers is used in all kinds of electronic devices which is an essential material for manufacturing semiconductors. In the electronics sector, high resistivity silicon wafer is a thin slice of semiconductor material used in the fabrication of integrated circuits & other microdevices. High Resistivity Silicon Wafers serves as the substrate for microelectronic devices & undergoes many microfabrication process steps like ion implantation or doping,…
Global Digitally Printed Wallpaper Market 2021 | Covid19 Impact Analysis Scenari …
Global Digitally Printed Wallpaper Market
Digitally printed wallpaper is defined as an image or mural printed by digital printer which is used as wall murals in residential & commercial places. Also, these wallpapers are used for decorative purpose in transportation vehicles and are used for interior decoration on the walls of public & domestic places. Usually, digital wallpaper supplier sells these wallpapers in roll form and is applied onto wall through…
Global Halal Logistics Market Size,Share,Demand,New Industry Research on Present …
A study was undertaken over the Global Halal Logistics Market to form an in-detailed report over the same. The objective of the study is to describe, define, segment, and forecast the market as per different categories. The report gives a brief overview of the competitive scenario of the market and lists a number of companies operating in the industry based on their product range, financial stability, and the growth strategies…
More Releases for Intel
Global Slim Laptop Market By Type (Intel I3, Intel I5 Low Power Version, Sharp D …
The Global Slim Laptop Market 2020 report implement in-depth research of the industry with a focus on the current market trends future prospects. The Global Slim Laptop Market report aims to provide an overview of Slim Laptop Market players with detailed market segmentation by product, application and geographical region. It also provides market share and size, revenue forecast, growth opportunity. The most recent trending report Worldwide Slim Laptop Market Economy…
Wearable Computer Market Global Forecast 2018| Studied By LG, ,Honeywell, Epson, …
UpMarketResearch published an exclusive report on “Wearable Computer market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 115 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Wearable Computer market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa.…
Smart Grid Security Market - Competitive Analysis | Cisco Systems, Inc., Intel C …
The global market for smart grid security is highly influenced by the rise in the population and the rapid pace of urbanization in emerging economies. The main factor behind this is increasing shift of energy resources companies to smart meters and smart appliances by leveraging Internet of Things (IoT) and cloud, owing to the augmenting pressure on them to meet the ever-increasing energy requirements of the urban population. With this,…
Intel Labs launches the Intel Collaborative Research Institute for Computational …
22 May, 2012
—While computer performance exceeds human performance in many respects, there are still many tasks that humans perform easily and computers have a hard time with. Intel, in collaboration with the Technion–Israel Institute of Technology and the Hebrew University of Jerusalem, hopes to change this situation by exploring technologies that mimic the human brain's mode of action—
Intel today announced it is establishing the Intel Collaborative Research institute for…
Rutronik Becomes Europe-Wide Intel Distributor
Ispringen (Germany), February 23, 2016 – As of now, Rutronik Elektronische Bauelemente GmbH is an Embedded Distributor for Intel in the EMEA region. The distribution agreement covers the entire Intel product range, excluding the former Altera products.
Rutronik and Intel officially sealed their distribution agreement at the Embedded World event, making Rutronik an Embedded Distributor for Intel throughout the entire EMEA region. Rutronik as such primarily addresses the industrial market.…
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®…
