Press release
Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025: Exponential Growth Spotlighted with CAGR of 29.4%, Adaptation Causes, and Leading Trends
Artificial Intelligence (AI) In Industrial Machinery Market Size
What Is The Projected Market Size Of The Global Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 And Its Growth Rate?
• Initial Market Size in 2024: $1.96 billion
• Projected Market Size in 2025: $2.54 billion (29.8% CAGR)
• Estimated Market Size in 2029: $7.11 billion (29.4% CAGR)
Key drivers for historical growth include automation demands, data proliferation, cost and efficiency improvements, rise of IoT devices, and advancements in AI algorithms.
Market expansion in the forecast period will be influenced by predictive maintenance adoption, AI-powered quality control, enhanced safety protocols, edge computing integration, and AI-driven energy optimization.
What Is Driving The Growth In The Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025?
Increased adoption of AI in the industrial sector is propelling the market for AI in industrial machinery. These industries boost manufacturing, delivery, and creation of goods. AI improves industrial processes, anticipates machinery issues, and enables enhanced smart services. The outcome is heightened productivity, problem identification, and reduced machine failures for manufacturers. As per a report by the United States Census Bureau, the adoption of AI escalated from 3.7% in Fall 2023 to 5.4% in February 2024, projected to rise to 6.6% by Fall 2024. The employment-weighted usage rate suggests that around 12% of workers in firms will be using AI by that time.
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Who Are the Key Players Driving Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 Growth?
• Microsoft Corporation
• Hitachi Ltd.
• Amazon Web Services Inc.
• Siemens AG
• Intel Corporation
• International Business Machines Corporation
• Cisco Systems Inc.
• Oracle Corporation
• Honeywell International Inc.
• SAP SE
• ABB Ltd.
• NVIDIA Corporation
• Rockwell Automation Inc.
• FANUC Corporation
• Autodesk Inc.
• Arista Networks Private Limited
• Pegasystems Inc.
• UiPath
• Automation Anywhere Inc.
• Blue Prism Limited.
• C3.ai Inc.
• DataRobot Inc.
• Appen Limited
• H2O.ai
• Dataiku
• WorkFusion Inc.
• Alphasense Inc.
• CrowdFlower Inc.
• Suki.AI
• Clarifai Inc.
What Are The Key Trends In The Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025?
Key trends driving the market:
• Explainable AI in machinery
• Human-machine collaboration
• AI-based supply chain optimization
• Customization and flexibility
• AI-driven additive manufacturing
What Are The Segments Of The Global Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025?
• By Component: Hardware, Software, Services
• By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
• By Application: Predictive Maintenance, Quality Control, Process Optimization, Supply Chain Optimization, Intelligent Robotics, Autonomous Vehicles And Guided Systems, Energy Management, Human-Machine Interfaces, Other Applications
• By End-Use: Commercial, Agriculture, Construction, Packaging, Food Processing, Mining, Semiconductor Manufacturing
Which Region Leads The Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025?
North America emerged as the largest region in the AI in industrial machinery market in 2024. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the global AI in industrial machinery market.
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What Is Covered In The Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Artificial Intelligence (AI) In Industrial Machinery Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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