Press release
Germany AI in Manufacturing Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
German AI in manufacturing market is estimated to grow at a CAGR of over 33% during the forecast period. The presence of well-established companies is one of the major factors driving the growth of AI in the manufacturing market in the country. The government is focusing to create AI environment in the country for the overall growth of the country. Since the introduction of Industry 4.0 in 2011, Germany has been focussing on progress toward smart manufacturing through automation and AI. However, German manufacturing industry lags behind that of other developed countries in adopting Industry 4.0 technologies.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/germany-ai-in-manufacturing-market
The market is segmented on the basis of application and end-user. Based on application, the market is segmented into quality control & reclamation, predictive maintenance, supply network optimization, and others including production planning. Predictive maintenance held the highest share in 2018 owing to increasing demand for accuracy and reliability during the manufacturing process. Based on end-user, the market is segmented into automobile, pharmaceutical, heavy metal & machine manufacturing and others. The automobile segment dominated the market in 2018.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/germany-ai-in-manufacturing-market
Some of the companies operating in the German AI in Manufacturing market include Schneider Electric SE, Siemens AG, Microsoft Corp., Google LLC, Oracle Corp., and others. In addition, the presence of start-ups in the country provide a growth potential for the market in the near future. Konux is a German-based start-up founded in 2014. The start-up offers a predictive maintenance system for Rail Switches. It is an end-to-end solution which uses IoT sensors and AI to improve network ability. The company raised $2 million from Silicon Valley business angels in 2015. To expand AI capabilities in the European market the company secured Series A funding of $16 million in 2017. It secured series B funding of $20 million in 2018.
Market Segmentation
By Application
• Quality Control & Reclamation
• Predictive Maintenance
• Supply Network Optimization
• Others (Production Planning)
By End-User
• Automobile
• Pharmaceutical
• Heavy Metal & Machine Manufacturing
• Others (Semiconductor and Electronics)
Company Profiles
• Automation Anywhere, Inc.
• Fujitsu Ltd.
• Google LLC
• IBM Corp.
• Microsoft Corp.
• Oracle Corp.
• Rockwell Automation, Inc.
• Schneider Electric SE
• Siemens AG
• TXT E-SOLUTIONS S.P.A.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/germany-ai-in-manufacturing-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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 Germany AI in Manufacturing Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027 here
News-ID: 2363908 • Views: …
More Releases from Orion Market Research
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for German
Elan German Transforms Language Learning Journey for Professionals and Students …
Leading Institute Bridges Language Barriers with Comprehensive A1-B2 Programs, Corporate Training, and Complete Relocation Support
The German language opens doors to Europe's largest economy, world-class universities, and countless career opportunities. Yet many learners struggle with traditional methods that focus on textbook German rather than real-world communication skills. Elan German is changing that narrative.
This specialised language training institute has built its reputation on a simple premise: German fluency isn't just about grammar…
Find the best conditions for your German mortgage with Your German Mortgage
During times of the Coronavirus, we are here to help you with finding the right financing for your property.
Special times call for special measures, that's why it's now more important to find a trustworthy and experienced mortgage broker than ever.
We got you covered from finding your property of dreams all the way to financing it.
To ensure that, we have experts in almost every German major city,…
German Maritime Security 2018, German Government Statement!
Despite all international and national efforts, piracy remains a serious peril for the international shipping industry.
Especially in Asia (i.e. Chittagong/Bangladesh or on the Strait of Malacca), but also in South America (e.g. Bay of Santos/Brazil or in the port of Callao/Peru) robbery or piracy there has recurred in the recent past. At the West African coast the number of incidents had raised even by 50% with 66 incidents this…
German Local Trade Tax
All the companies in Germany are liable to pay not only corporate income tax, whose rate is nowadays about 15% of the annual profit of the company, but also trade tax (Gewerbesteuer), which is a tax of German characteristics.
Why would we say that trade tax is of German characteristics? Because it is different from the corporate income tax, which is charged by the German Federal Government and it is difficult…
Integral Launches German Bureau
Integral Launches German Bureau
Appoints Suchit Manchanda as the Head of Operations
January 4, 2010: Germany: Integral Fusion, a leading software services firm, has launched operations in Germany and announced the appointment of Suchit Manchanda as their Managing Director. The German bureau will be responsible for strategic business development in European Union organizations and client servicing. Suchit a world class MBA from Hochschule Nürnberg, Germany and a Masters in IT from Jamia…
ISPA – German Masters 2008
Magdeburg – Over the long weekend of the 4. Mai more than 1.000 Skat players filled the Mittelland hall in Barleben. The tournaments of the 30. German Mastery and the 27. open International German Single Mastership were held by the International Skat Players Association, ISPA Germany. Patrons of the Games were the 1st Barleber Skat sports club e.V. and the Skat club \"Burger Ihleskater\", whose good organization together with the…
