Press release
Artificial Intelligence (AI) in Manufacturing Market 2024 Edition: Size, Share, Trends and Research Report by 2032
Artificial Intelligence (AI) in Manufacturing Market
The Artificial Intelligence (AI) in Manufacturing Market is Valued USD 3.2 billion in 2024 and projected to reach USD 94.1 billion by 2032, growing at a CAGR of 45.6% During the Forecast period of 2024-2032.
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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: NVIDIA Corporation, IBM Corporation, Alphabet Inc., Google, Microsoft Corporation, Intel Corporation, Siemens AG, Ikigai Capital, Stellantis, General Electric Company, General Vision Inc., Progress Software Corporation, Micron Technology Inc., and Mitsubishi Electric Corporation among others.
Industry News:
In February 2025, Ikigai Capital, an investment group, declared a USD 1 million investment in Ariprus Digicon, an AI technology company specializing in industrial digitization. This funding aims to support the development of adaptable AI agents that can replicate the expertise of domain specialists, thereby improving automation and efficiency in manufacturing processes.
In February 2025, Stellantis announced an expanded partnership with Mistral AI to integrate artificial intelligence (AI) into its operations. This collaboration leverages Mistral AI's expertise in large language models (LLMs) and AI-driven automation to enhance projects spanning manufacturing, engineering, fleet data analysis, and internal car sales.
Artificial Intelligence (AI) in Manufacturing Market Segmentation:
By Offering
Hardware
Software
Services
By Technology
Machine Learning
Natural Language Processing
Context-aware Computing
Computer Vision
By Application
Predictive Maintenance and Machinery Inspection
Material Movement
Production Planning
Field Services
Quality Control
Cybersecurity
Industrial Robots
Reclamation
By Industry Vertical
Automobile
Energy and Power
Pharmaceuticals
Heavy Metals and Machine Manufacturing
Semiconductors and Electronics
Food & Beverages
Others
Regional Analysis
North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
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Important Features of the reports:
- Detailed analysis of the Artificial Intelligence (AI) in Manufacturing Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Artificial Intelligence (AI) in Manufacturing Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Artificial Intelligence (AI) in Manufacturing Market performance.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Artificial Intelligence (AI) in Manufacturing Market.
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Artificial Intelligence (AI) in Manufacturing Market
How big will the market and growth rate be in 2032?
What are the key drivers for the global Artificial Intelligence (AI) in Manufacturing Market?
What are the major market trends influencing the growth of the global Artificial Intelligence (AI) in Manufacturing Market?
What are the challenges for market growth?
Who are the key vendors in the global Artificial Intelligence (AI) in Manufacturing Market?
What market opportunities and threats are vendors facing in the global Artificial Intelligence (AI) in Manufacturing Market?
What are the main findings of the five forces analysis of the global Artificial Intelligence (AI) in Manufacturing Market?
Conclusion: At the end of the Artificial Intelligence (AI) in Manufacturing Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.
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