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Artificial Intelligence (AI) in Manufacturing Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

06-23-2021 08:37 AM CET | IT, New Media & Software

Press release from: Orion Market Reports

Artificial Intelligence in Manufacturing Market is projected to reach USD 18.8 billion by 2027, at a CAGR of 41% over the forecast period 2021-2027. Emerging Industry 4.0, growing large and complex data sets, increasing adoption of industrial IoT the manufacturing industry is a key factor driving the growth of artificial intelligence in the manufacturing market. However, the lack of infrastructure in several countries and high procurement operating costs are hampering the growth of this market to some extent.

A full report of Artificial Intelligence (AI) in Manufacturing Market available at https://www.orionmarketreports.com/artificial-intelligence-ai-in-manufacturing-market/11647/

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.

Artificial Intelligence (AI) in Manufacturing Market- Segmentation

By Control Systems

• Distributed Control System (DCS)
• Supervisory Control and Data Acquisition System (SCADA)
• Manufacturing Execution System (MES)
• Safety Instrumented System (SIS)
• Programmable Logic Controller (PLC)
• Human Machine Interface (HMI)

By Components

• Sensors
• Controllers
• Switches & Relays
• Industrial Robots
• Drives
• Others

By End User

• Automotive Manufacturing
• Food & Beverage
• Oil & Gas Processing
• Mining
• Others

The report covers the following objectives:

• Proliferation and maturation of trade in the Artificial Intelligence (AI) in Manufacturing Market.
• The market share of the Artificial Intelligence (AI) in Manufacturing Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Artificial Intelligence (AI) in Manufacturing Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Artificial Intelligence (AI) in Manufacturing Market.

Key Questions Answered by Artificial Intelligence (AI) in Manufacturing Market Report

• What was the Artificial Intelligence (AI) in Manufacturing Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Artificial Intelligence (AI) in Manufacturing Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Artificial Intelligence (AI) in Manufacturing Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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