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US AI in Manufacturing Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2025

05-09-2022 11:31 AM CET | IT, New Media & Software

Press release from: Orion Market Research

The US AI in manufacturing market is estimated to generate $550 million in 2018. The market in the US is estimated to grow at a significant CAGR of more than 30% during the forecast period. The market growth is attributed to the factors such as investments in R&D, high expenditure on IT and ICT industry, and the presence of key players. The favorable government initiatives in product development and innovation along with the collaboration between the private and government sector to develop AI technology in the country further spurs the growth of the market.

The manufacturing industry has been consistently contributing to the total US GDP, and National Association of Manufacturers calculates that every dollar in output from manufacturing generates an additional $1.89 of value and every direct job creates 2.5 additional jobs. As per the National Association of Manufacturers, manufacturers contributed $2.38 trillion to the US economy in the fourth quarter of 2018. This number has risen since the second quarter of 2009, when manufacturers contributed $1.67 trillion.

To Request a Sample of our Report on US AI in Manufacturing Market: https://www.omrglobal.com/request-sample/us-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. Automobile segment dominated the market in 2018.

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A full Report of US AI in Manufacturing Market is Available at: https://www.omrglobal.com/industry-reports/us-ai-in-manufacturing-market

US AI in Manufacturing 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.

· C3 IoT, Inc.

· Google LLC

· IBM Corp

· Intel Corp.

· Microsoft Corp.

· NVIDIA Corp.

· Oqton, Inc.

· Oracle Corp.

· Rockwell Automation, Inc.

· SAS Institute Inc.

· Sight Machine, Inc.

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2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

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.

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